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5 Things You Need To Know, Today, on Tuesday 15th March 2022
5. A BBC investigation has uncovered new evidence about the corrupt deals that made Roman Abramovich's fortune.
Mr Abramovich paid around $250m (£190m) for Sibneft, in a rigged auction in 1995, before selling it back to the Russian government for $13bn in 2005.
4. Several multinational companies have halted operations as China widens its Covid lockdowns - among its biggest since the start of the pandemic.
Tens of millions of people across the country face restrictions, including the entire Jilin province and technology hub Shenzhen, as authorities report record numbers of cases.
3. UK computer chip designer Arm Holdings has said it plans to cut up to 15% of its workforce.
The redundancies have emerged just a month after the collapse of the firm's $40bn sale to US chipmaker Nvidia.
2. The transport secretary has confirmed that all remaining Covid travel measures will be scrapped.
Currently, everyone travelling to the UK must complete a passenger locator form before they arrive.
1. Boris Johnson has urged the west to reduce its dependency on Russian energy as he prepares to leave for Saudi Arabia in a bid for increased oil and gas production to make up for the reduced supplies from Russia.
The prime minister is also planning to unveil a radical new “energy strategy” within a fortnight to ensure the UK can meet its domestic needs from a mix of renewables and nuclear.