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UK sanctions Russia’s oil giants over Ukraine war
Posted onBritain is targeting Russia’s largest oil companies and the country’s “shadow fleet” of oil tankers in a bid to cut off Vladimir Putin’s ability to fund the war in Ukraine. The UK government is also pursuing a major Indian oil refinery and four Chinese oil terminals in a package of 90 new sanctions. Chancellor Rachel…
Air India crash aftermath handled ‘irresponsibly’, says court
Posted onThe highest court in India has strongly criticised the country’s aviation authorities for their handling of the aftermath of the Air India plane crash that killed 261 people in June. Leaving only one survivor, the flight bound for Gatwick airport from Ahmedabad crashed shortly after taking off, killing 242 passengers on board and 19 others…
Guests ejected mid-stay from bankrupt hotel chain Sonder
Posted onGuests across the world have been told to leave their accommodation mid-holiday after property rentals firm Sonder suddenly went bankrupt. The collapse came after hotel chain Marriott terminated its leasing agreement with Sonder, a year after the partnership had been established. It allowed Sonder rooms to be booked via Marriott’s various booking platforms and app….
1975: Could you do your food shop just once a year?
Posted onIt’s a chore we all have to do regularly but in 1975 Nationwide went grocery shopping with a couple who bought all their supplies yearly rather than weekly. By borrowing a van and enlisting the help of supermarket staff to push their multiple bulging trollies outside to the carpark, the pair reckoned their £122 annual…
US considers lifting sanctions on some Iranian oil
Posted on“To put it mildly, this is bananas,” said David Tannenbaum, director of Blackstone Compliance Services, a consultancy specialising in maritime sanctions. “Essentially we’re allowing Iran to sell oil, which could then be used to fund the war effort.”
