List of All Articles with Tag 'b'

Royal Philips NV suffered another setback as the US drug regulator requested additional tests on its sleep apnea

LIMASSOL, Cyprus The ECB's monetary policy transmission is working to tame inflation, though material uncertainty persists in the

The Government has been asked to reveal what steps it has taken to investigate whether Manchester City owner Sheikh Mansour assisted wealthy Russians it has sanctioned in moving their assets to the United Arab Emirates. Lawyers acting on behalf of a Ukrainian activist – who wishes to remain anonymous for fear of reprisals from Russia – have written to Foreign Secretary James Cleverly to ask whether investigations have been carried out to determine whether Mansour, the UAE’s Deputy Prime Minister, should be identified as a ‘designated person’ subject to financial sanctions under the Russia (Sanctions) (EU Exit) Regulations 2019. As of last week, the UK Government said more than 1,800 individuals had been sanctioned under the regulations, with more than 1,600 of those sanctioned since Russia launched its invasion of Ukraine in February 2022. That number includes former Chelsea owner Roman Abramovich. His assets, including Chelsea, were frozen, with a consortium led by American businessman Todd Boehly taking over last summer. The request for an update on Sheikh Mansour follows an initial letter from the lawyers, Rhys Davies of Temple Garden Chambers and Ben Keith from 5, St Andrew’s Hill Chambers, on behalf of their client which was sent to Cleverly in September last year. The Foreign Secretary can only designate a person if he has reasonable grounds to suspect that the individual is “an involved person” in the destabilisation of Ukraine. Involvement is defined as someone who is responsible for, engages in, provides support for, or promotes any policy or action which destabilises Ukraine or undermines or threatens its territorial integrity. If Sheikh Mansour was designated as an individual subject to Government sanctions, it would disqualify him as an owner under the Premier League’s updated rules on its owners’ and directors’ test which were published in March. The new letter, sent to Cleverly on Thursday and seen by the PA news agency, states: “Sheikh Mansour is a particularly high-profile individual and as the owner of one of the United Kingdom’s most celebrated football clubs, is a person who ought to be subject to reasonable scrutiny by the UK Government. “For the avoidance of doubt, we make no allegations as to any particular conduct of Sheikh Mansour. Nevertheless, in light of the wealth of evidence in the public domain tending to link Sheikh Mansour with the accommodation of wealthy Russians in the UAE, we respectfully suggest that there is a prima facie basis for the UK government to conduct an investigation.” The new letter has been sent as the UAE prepares to host the COP28 climate change conference between November 30 and December 12 and notes that Sheikh Mansour is likely to play a “visible role” in the event. “The bloodshed caused by the Russian invasion of Ukraine continues,” the letter stated. “You are asked to note that, as set out in our earlier correspondence, notwithstanding the robust nature of the British response to the Russian invasion of Ukraine, many Russian oligarchs appear to have found a home for their wealth in the United Arab Emirates, with Dubai and Abu Dhabi apparently being particularly attractive to those individuals. “In light of the global attention which will be focused on both the UAE and Sheikh Mansour at the forthcoming COP28 event, we write to you to enquire what steps you have taken further to our request of September 30, 2022 to open an investigation into the conduct of Sheikh Mansour. “You may recollect that we invited the UK government to consider whether or not the conduct of Sheikh Mansour is such that he is a suitable person to be designated, pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019. “In the circumstances, it is critical that the UK Government takes all necessary steps consistent with its statutory and international obligations.” The Foreign, Commonwealth and Development Office, the UAE’s Ministry of Foreign Affairs and Manchester City have all been contacted for comment. Read More Chicago Bears pay tribute to ‘ultimate Bear’ Dick Butkus after his death aged 80 Chicago Bears defeat Washington Commanders to snap 14-game losing streak Peter O’Mahony targets more Ireland milestones as he reaches 100 caps Jurgen Klopp hails Ryan Gravenberch’s talent in win over Union Saint-Gilloise Respect matters says Unai Emery after late goal gives Villa an important win Nothing’s changed with VAR, says Gareth Southgate

Exchange-traded funds that buy emerging-market equities are undergoing a churn — and the biggest loser is the BlackRock

Norway’s government will cut spending from its $1.4 trillion sovereign wealth fund next year as it seeks to

India's space agency says the Chandrayaan-3's lander and rover have already completed all their objectives.

Tommy Fury has explained why he has “never been a fan” KSI ahead of their crunch boxing match. The pair will go toe-to-toe in the ring on Saturday 14 October at Manchester Arena. Ahead of the bout, Fury was asked if he “likes” the YouTuber turned boxer. “Not one bit,” he told BBC Breakfast. “I’ve never been a fan, I just don’t like the way he carries on, I’m not really about this YouTube calling out people, doing all this sneaky stuff. “I’ve got a job to do. My job isn’t to mess around on Instagram, playing games.” Fury also admitted that partner Molly-Mae “hates” boxing. Read More Molly-Mae Hague ‘hates’ boxing but tolerates it for me, says Tommy Fury Ryder Cup venue engulfed by raging fire as smoke fills air in drone footage Tom Brady trades his own ‘$1,000 rookie card’ with young NFL fan

A worsening economic backdrop leaves a dark cloud hanging over European companies preparing to report this earnings season.

Union members at Chevron Corp. liquefied natural gas facilities in Australia are deciding on a plan to resume

At least 51 people, including a child, were killed in Thursday's Russian missile strike, Ukraine says.

Still punchy after a bond market rout and forex market gyrations, financial markets are bracing for U.S. inflation

The European Central Bank might need to increase borrowing costs again one day if needed to tame consumer