US to become world’s biggest LNG exporter in 2022 December 22, 2021 The US will become the world's largest LNG exporter in 2022, overtaking Qatar and Australia, according to data presented to Reuters.
State news agency Xinhua releases NFTs amid China crypto crackdown December 22, 2021 Chinese state media agency Xinhua has announced plans to launch a line of NFTs despite a stringent nation wide crypto ban.
UK services trade surplus widens on strong City exports December 22, 2021 UK net exports of services jumped over the last three months driven by City firms selling their expertise abroad in their droves, according to official figures published today. The UK’s services trade surplus climbed £4bn over the last three months, rising to £35.2bn in the third quarter, according to the Office for National Statistics (ONS). [...]
US inventories prop up oil prices amid Omicron uncertainty December 22, 2021 Oil prices have stabilised following five per cent drops on Monday, after US crude inventories revealed larger-than-expected declines.
Rail fares to increase by a third by 2030 as travel numbers plunge December 22, 2021 UK rail fares are on track to increase by over a third by 2030. Data from professional services firm GHD has revealed that by the end of the decade, the average ticket price will increase exponentially, from 36 per cent on the Brighton to London route to 50 per cent for travelling between Ipswich and [...]
Brexit shift: UK short exposure in Europe declines by a third this year to lowest in five years while France and Italy take over December 22, 2021 The UK’s relative short exposure compared to the rest of Europe has steadily declined by a third to the end of November, its lowest level in over five years. Meanwhile, France and Italy are gaining ground, according to new data shared with City A.M. this morning. The change marks a dramatic shift in the short [...]
Sony-Zee merger to form Indian entertainment giant to rival Disney and Netflix December 22, 2021 Sony’s Indian arm has reached a deal with Indian rival Zee Entertainment to create the second biggest entertainment network in India. The Indian unit of the Japanese conglomerate will merge 75 television channels, film assets and two streaming platforms with Zee Entertainment, in a bid to compete with streaming rivals Netflix and Disney in India. [...]
Mild or not: Omicron variant doubles risk of catching Covid aboard a plane December 22, 2021 As millions of people prepare to fly home for Christmas an industry expert has warned that Omicron doubles the risk of being infected on a plane.
Average house price of £29m: Here are 2021’s most expensive UK streets (and they are all in London) December 22, 2021 If you have a spare £29m in the bank, you may be able to buy yourself a property in the most expensive street in England and Wales, or London rather, as the five most pricy streets in the country are all in the capital. Nestled by the River Thames, Tite Street in the Borough of [...]
Maersk to buy Hong-Kong LF Logistics for $3.6bn December 22, 2021 Shipping giant Maersk has agreed to buy Hong-Kong logistics company LF Logistics for $3.6bn. The deal, all-cash and one of the biggest ever made in Maersk’s history, will help the Copenhagen-based company expand its reach and capabilities in the Asia Pacific region. “With the acquisition of LF Logistics, we add critical capabilities in Asia Pacific [...]