Tag Archives: London

Russian corporations ditching London for Moscow amid expanding sanctions

After the London Stock Exchange (LSE) suspended share trading of sanctioned energy conglomerate EN+Group, other Russian firms are thinking of scrapping their stock listings in the UK in favor of the Moscow Stock Exchange (MOEX). Cherkizovo Group, one of Russia’s major producers and processors of poultry and pork, is considering a move to MOEX after the firm delisted from London ...

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Outage delays opening of London Stock Exchange

One of the world’s busiest stock markets, the London Stock Exchange (LSE), failed to open on time on Thursday. Europe’s biggest trading venue commonly starts working at 8:00am London time each weekday. Thursday’s opening session was launched an hour later at 9:00am. The opening bell was held up due to an issue with pricing data, according to a spokesperson for ...

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Yuan the Conqueror: China to launch yuan-backed metals futures in London

A metals futures contract denominated in Chinese currency may soon be launched at the London Metal Exchange (LME), according to the exchange chief executive, Matthew Chamberlain. “At present, investors are trading our products in US dollars. We would definitely like to explore the possibility of launching products denominated in offshore renminbi,” Chamberlain said in an interview with the South China ...

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Back to ‘normal’? Ecuador withdraws Assange’s extra security at London embassy

The president of Ecuador has ordered the withdrawal of enhanced security from the country’s London embassy, which was assigned to protect Julian Assange, who remains holed up there to avoid possible deportation to the US. The Ecuadorian government “will maintain normal security similar to the level of security at all other Ecuadorean embassies in the rest of the world,” Lenin ...

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‘It’s like a warzone‘: Trump takes swipe at London knife crime in speech to NRA

US President Donald Trump has once again sparked controversy with the UK, after telling an audience at a National Rifle Association (NRA) event that a knife crime surge has turned London into a “military warzone.” Addressing the audience at the gun lobby’s conference in Dallas, Texas, the president bemoaned the UK’s strict laws around firearms and the surge in knife ...

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London systematically destroying evidence in Skripal case – Russia’s UN envoy

The UK continues to conceal and destroy evidence relating to the Salisbury incident and have crossed all boundaries in their rhetoric by alleging President Putin’s personal involvement, Russia’s UN envoy Vassily Nebenzia has said. “The British authorities are engaged in the systematic destruction of evidence,” Nebenzia told the United Nations Security Council, which held a session, called by UK on ...

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London should face uncomfortable questions from G7 over Skripal poisoning – Russian senator

G7 nations should be asking uncomfortable questions of London rather than probing Moscow about the circumstances of the Skripal poisoning, according to the head of the Russian Upper House committee for international relations. “The G7 member nations must urgently ask questions about Salisbury, but they should ask London instead of Moscow. There, they know everything. Why were the animals cremated? ...

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London Stock Exchange stops trade of Russian firm whose owner is on US sanctions list

The UK Financial Services Authority (FSA) has temporarily stopped trading of Russia’s EN+ Group on the London Stock Exchange. The firm manages assets of billionaire Oleg Deripaska, who was added to the US sanctions list last week. The message, published on the exchange website, does not say when the trading of EN+ depositary receipts would resume. Trade in London starts ...

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‘London will have to apologize yet’ – Putin spokesman on UK lab's revelation in Skripal case

London will eventually have to apologize for its baseless accusations against Moscow in the Skripal poisoning case, Kremlin spokesman Dmitry Peskov said, after a UK military lab admitted it could not link the attack to Moscow. “For us, the situation was appalling from the very beginning, and now, confirmation is gradually starting to come in that the insane accusations, made ...

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Moscow confronts London with 14 questions on ‘fabricated’ Skripal case

Russia’s Embassy in London has sent a list of 14 questions to the UK Foreign Ministry, demanding that it reveals details of the investigation into the nerve-agent poisoning of former double agent Sergei Skripal and his daughter. The questions, provided in full below, include a demand to clarify whether samples of the nerve agent “Novichok” have ever been developed in ...

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