Tom Saunders
@tomjs
Business reporter at The Times, specialising in trade. One of MHP's "30 To Watch" young journalists. @tomjss.bsky.social on the other place.
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I am, like most people, also on bluesky (but slightly too late to get the same handle I have here) so find me at @tomjss.bsky.social
EXC: At least 7 vessels exported Iranian oil or related products while holding British insurance from two British shipping insurers. thetimes.com/business-money…
We’re in @thetimes today with Enterprise Nation member @MousCase It’s about the scrapping of a scheme providing grants for small businesses to attend overseas trade shows which has been blamed for a fall in the number of UK firms going to the events: ow.ly/GqZE50W9TA2
AstraZeneca remained active and profitable in 🇷🇺 — and in April sponsored a Moscow forum where its Russia head joined a panel that included sanctioned Kremlin officials. @tomjs of @thetimes reports, with comments from @KSE_Institute’s @LeaveRussiaOrg. thetimes.com/business-money…
Spelthorne council, which invested over £1 billion in properties including BP's main campus, is to be taken over by government-appointed commissioners. I wrote about bad property bets made by the council and three others in London's commuter belt last year.…
For the first time ever, Rolls-Royce's market cap has surpassed that of BP. The vast majority of this is down to individual performance. Though Trump factor - combination of tariffs + European rearmmament likely pushing both over the edge.
CCEP is almost guaranteed to join the FTSE 100 at the next reshuffle. Combined with the other Coca-Cola bottler already in the index, Coca-Cola HBC, it will mean nearly 2% of the entire FTSE 100 market cap is dedicated to bottling or selling Coca-Cola products…
The Times has partnered with Shadow Fleet Secrets, which shows that more than a third of the tankers in the Shadow fleet were previously owned by European and US shipping companies, producing sales of more than $6 billion. This includes ship owners from the UK: with…
Yesterday the defence sec said that the Yantar, a known Russian intelligence ship, was spotted passing through British waters. It's not the only Russian ship with military links to pass through UK waters since Feb 2022. With @Effy_Yeomans thetimes.com/uk/defence/art…
AstraZeneca, Britain’s most valuable public company, has made about £45 million in payments to doctors and healthcare organisations in Russia since the war against Ukraine, despite the UK’s growing involvement With @tomjs thetimes.com/article/ac818f…
Police are investigating claims of stalking and “corporate espionage” made by executives at Boohoo Group, The Times can reveal. With @fletcherr @Fhamiltontimes @jameshurley thetimes.com/article/d1e109…
The government will force a Chinese tech company to sell its majority stake in a British chipmaker a year after @tomjs, @ltrgoddard and I revealed that microchips it had sold to Russia were found in a tank destroyed in Ukraine. thetimes.com/business-money…
Non-US Election News: A year ago @GeorgeGreenwood, @ltrgoddard and I reported that a UK semiconductor manufacturer, FTDI, bought by a Chinese state-owned entity had supplied chips to Russia - at least one ending up in a Russian Tank. On the back of our reporting, today the UK…
Auspicious timing. One day off the two year anniversary of two sandwiches! google.com/amp/s/www.bbc.…
NEW: Meta has fired about two dozen staff in its LA office for using their $25 meal credits to buy household items including acne pads, wine glasses and laundry detergent Mark Zuckerberg’s recent efficiency drive is alive and well w @sjhmorris ft.com/content/7d1a27…
ft.com
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergent
1/4 Fears of a spill in Gibraltar grow as Russia’s shadow fleet transports oil, writes @tomjs @thetimes, featuring @KSE_Institute study. Tankers over 15 years old raise concerns of a potential environmental disaster in British waters. Details: bit.ly/3Ua7fYd
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