Press Digest: British Business - Feb 28

MccollS Retail

28/02/2022 01:15

Feb 28 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy. 
    
    
    The Times
    - BP Plc  BP.L  said on Sunday it would offload its 20%
stake in Rosneft  ROSN.MM  after concluding that it "simply
cannot continue" its involvement in the Kremlin's oil company
following Russia's invasion of Ukraine. https://bit.ly/3IzQhuA
    
    - The convenience store chain McColl's Retail Group Plc
 MCLSM.L  is seeking a capital injection before a deadline to
agree new financing terms with lenders. https://bit.ly/3ssIJUQ
    
    The Guardian
    - The UK government is considering restricting Russian ships
from using British ports after it emerged that a Russian-owned
oil tanker is due to dock in Orkney this week. https://bit.ly/3MiAkeu
    
    - Russian airlines are facing an almost complete blockade
from flying west over Europe after they were barred from the
airspace of nearly 30 countries following the invasion of
Ukraine. https://bit.ly/3M6FKsG
        
    The Telegraph
    - Germany will build its first gas terminals to break the
country's dependence on Russian energy exports, Chancellor Olaf
Scholz has said. https://bit.ly/3MiAySS

    - Russian flag carrier Aeroflot cancelled all flights to
European destinations after jets were redirected mid-flight
following an EU move to ban all Russian planes entering its
airspace. https://bit.ly/3pnufmV

    Sky News
    - UK Business Secretary Kwasi Kwarteng will this week hold
talks with the chair of National Grid  NG.L  amid anticipation
of a surge in state-sponsored cyber attacks from Russia. https://bit.ly/357KiPb
    
    - British Airways suffered a major outage on Friday evening,
causing several flights to be cancelled and leaving passengers
stuck on planes after landing at Heathrow. https://bit.ly/3MbrTBI

    

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))