Chelsea owner Abramovich and Rosneft boss Sechin hit by UK sanctions

UK sanctions seven more oligarchs it links to Kremlin Group includes Chelsea owner Abramovich Chelsea out put on hold, UK might sell club Trading suspended in Evraz shares LONDON, March 10 (Reuters) – Britain imposed sanctions on Chelsea soccer club owner Roman Abramovich and Igor Sechin, the chief executive of Russian oil giant Rosneft, hitting … Read more

Carmakers face soaring metal costs with Russian supplies at risk

LONDON, March 8 (Reuters) – Saving up for a new ride? Better start putting more cash aside. Russia’s invasion of Ukraine is ramping up the price of metals used in cars, from aluminum in the bodywork to palladium in catalytic converters to the high-grade nickel in electric vehicle batteries, and drivers are likely to foot … Read more