The halt of Russian gas supplies to Moldova’s separatist region of Transnistria has necessitated the shutdown of nearly all industrial operations, with the exception of food production facilities.
Russian gas deliveries to Europe via Ukraine have halted
Ukraine has terminated the gas transit route following the expiration of a 2019 agreement in the early hours of New Year’s Day. This development marks a significant step in Europe’s
Aviva’s £3.6 Billion Acquisition of Direct Line Puts Hundreds of Jobs in Jeopardy
Hundreds of positions face elimination following Aviva’s proposed £3.6 billion acquisition of Direct Line, as the two insurance powerhouses accelerate their merger ahead of a critical Christmas deadline.
Direct Line has agreed to a £3.6 billion acquisition deal with Aviva.
Direct Line has accepted a £3.6 billion takeover offer from Aviva, setting the stage for the creation of one of Britain’s largest motor insurers.
Direct Line to cut 550 jobs following the loss of 500,000 customers
Direct Line has announced plans to cut 550 jobs after losing nearly 500,000 customers due to increased premiums.
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.
Zelenskiy asserts Ukraine is prepared to initiate a counterattack.
President Volodymyr Zelenskiy announced in an interview that surfaced on Saturday, Ukraine’s readiness to initiate their long-anticipated counteroffensive to reclaim the territories under Russian control.
Russia’s oil export revenue sank by 42% in February as sanctions bit
Western nations implemented far-reaching sanctions against Russian crude oil and oil products as a measure to reduce Russia’s oil revenues.
In a year marked by sanctions, Russia accumulated an offshore cash reserve of $80 billion
Amid the ongoing sanctions and amid the US and its allies’ efforts to tighten them over the invasion of Ukraine, Russia has managed to stash roughly one-third of its $227
Protesters outside the Russian Embassy in London have painted a giant Ukrainian flag
The enormous blue and yellow flag, which was subsequently carried by passing vehicles, was claimed by the campaign group Led By Donkeys.
Putin sends record amounts of oil to China, the highest oil flows since the invasion of Ukraine
Last month, Russia’s exports of discounted crude and fuel oil to China hit a record high as Vladimir Putin sought to evade Western sanctions against Moscow.
Ukraine conflict has had a financial impact of £1,000 per adult in the UK.
As it became clear that the UK’s dependence on gas is what caused the rise in bills, the energy crisis resulting from the war with Ukraine cost an equivalent of