Shaking Giants: Sanctions and Space Ventures

Major headlines include UK sanctions on crypto exchange linked to billionaire Justin Sun, a European probe into JD.com's attempt to acquire Ceconomy, BP's removal of Chair Albert Manifold, and NASA's award of contracts to Jeff Bezos' Blue Origin for lunar exploration, highlighting significant global political and business shifts.

Devdiscourse News Desk | May 27 (Reuters) - The Following Are The Top Stories In The Financial Times. Reuters ‌Has Not Verified These Stories And Does Not Vouch For Their Accuracy. Headlines- Uk ‌Imposes Sanctions On Crypto Exchange Tied To Billionaire Justin Sun - Brussels Set To Open In-Depth Probe Into Jd.Com's Takeover Of ‌Ceconomy- Bp Removes Chair Albert Manifold After ‌Claims Of Bullying - Jeff Bezos's Blue Origin Secures $468Mn In Nasa Moon Base Contractsoverview - The Uk Has Imposed Sanctions On Huobi | Updated: 27-05-2026 08:35 IST | Created: 27-05-2026 08:35 IST

Shaking Giants: Sanctions and Space Ventures — This image is AI-generated and does not depict any real-life event or location. It is a fictional representation created for illustrative purposes only.

In a significant financial and international move, the UK has imposed sanctions on the crypto exchange Huobi, linked to billionaire Justin Sun. This measure is part of efforts to curb support for Russia's financial sector following the Ukraine invasion.

Meanwhile, Brussels gears up for a comprehensive investigation into JD.com's acquisition attempt of Ceconomy, signaling potential issues with foreign subsidies in the European market.

BP is facing internal governance challenges with the immediate removal of Chair Albert Manifold. Simultaneously, space exploration takes a leap forward as NASA awards substantial contracts to companies including Jeff Bezos' Blue Origin for the upcoming Moon missions.

(With inputs from agencies.)