Showing results for "AO"
Authors
markets
Raiffeisen’s Stalling Russia Strategy Gets ECB Reality CheckRaiffeisen Bank International AG’s protracted efforts to extract cash from its lucrative Russian unit despite international sanctions against the country suffered another blow as regulators moved to accelerate the wind-down of the business.April 18, 2024
crypto
Crypto Transfers to Russian Exchange Worth $20 Billion Probed by US, UKThe US and UK are reviewing more than $20 billion of cryptocurrency transactions that passed through a Russia-based virtual exchange, according to people familiar with the matter, as part of allied efforts to crack down on the sanctions evasion that’s supporting Vladimir Putin’s war in Ukraine.March 28, 2024
business
Budget End Game: The Readout With Allegra StrattonNot long now. After months of briefing, the actual Budget will emerge this week, and Bloomberg sees quite pronounced jitters among the UK’s traders. Markets appear jumpy on the belief that persistent Tory dawdling in the polls is going to drive Chancellor of the Exchequer Jeremy Hunt towards some kind of tax cut Hail Mary. An Ipsos poll for The Evening Standard out today has the party at the lowest that the pollster has ever recorded since they started measuring in the 1970s.March 4, 2024
politics
Tory Tax Cuts Would Be Irresponsible, Says AO World BossJohn Roberts is the founder and chief executive officer of AO World, the online electrical goods retailer. AO World is listed on the London Stock Exchange and made sales of £1.2 billion ($1.5 billion) in the year through March 2023.March 4, 2024