European stocks stabilise following US-China trade war escalation June 3, 2019 European stocks stabilised following a slump this morning sparked by the escalation of the trade war between the US and China, the world’s two largest economies. The FTSE 100 was trading 0.16 per cent up this afternoon after falling 1.09 per cent to 7,084.5p in the morning. Dax, which tracks 30 major German companies, was up 0.3 [...]
Trump touches down in London ahead of controversial state visit June 3, 2019 US President Donald Trump and his wife Melania have touched down at Stansted Airport in London ahead of their controversial state visit, which will see them dine at Buckingham Palace and the President meet outgoing Prime Minister Theresa May for talks. Read more: Trump tells UK: Include Farage in Brexit talks and prepare for no [...]
Blame polarising primaries for Democrats’ shift to the far left June 3, 2019 As an American working in Westminster, I often get asked about the differences between US and British politics. Obviously, the entire American political spectrum is shifted to the right, we’re still fighting hard battles on social issues, and there is the added interplay of state level policies. But there’s an obvious similarity. The divide between [...]
Chinese state hackers accused of ‘rigging’ 5G tests to protect Huawei June 2, 2019 China has reportedly been accused of rigging 5G security tests in a bid to discredit western companies and protect Chinese telecoms giant Huawei. Beijing has been leaking details of security vulnerabilities in equipment made by Huawei’s rivals to a 5G testing team as it looks to bolster the reputation of the controversial Chinese firm, the [...]
Donald Trump tells UK: Include Nigel Farage in Brexit talks and prepare for no deal June 2, 2019 The UK should be prepared to pursue a no-deal Brexit and Nigel Farage should be made part of the negotiating team with Brussels, Donald Trump has said. Speaking before his state visit to the UK tomorrow, the US president waded into the Brexit crisis by saying the UK should be prepared to "walk away" if Brussels does [...]
US President Donald Trump endorses ‘excellent’ Boris Johnson to become Prime Minister June 1, 2019 US President Donald Trump has labelled Tory leadership hopeful Boris Johnson as an “excellent” candidate to become the next Prime Minister. Trump said he had been asked for endorsements from a number of candidates ahead of his visit to the UK, in an interview with The Sun, claiming: “I could help anybody”. Read more: Sajid [...]
Oil prices slump three per cent to post biggest monthly loss of 2019 June 1, 2019 Oil prices fell by more than three per cent on Friday, posting its biggest monthly drop of the year. It came in the wake of Donald Trump’s threats to impose tariffs on Mexico, a major supplier of crude oil. Read more: Oil prices fall on fears of escalating US-China trade war Brent crude prices fell $2.38 [...]
Pound stumbles towards biggest monthly fall in two years May 31, 2019 Sterling was set to complete its biggest monthly fall against the euro in two years today as trade wars and Brexit chaos continued to send investors fleeing the pound for safer assets. Read more: European stock markets bleed red as Trump takes trade war to Mexico The pound dropped 0.1 per cent against the euro by 4.40pm UK [...]
European stock markets bleed red as Trump takes trade war to Mexico May 31, 2019 European stock markets extended their slide into the red in the run-up to midday following the news that US President Donald Trump is set to slap fresh tariffs on all Mexican imports next month. Read more: Trump threatens Mexico with 25 per cent tariffs over immigrants Trump said the move was a bid to lower migration [...]
FTSE 100 bosses to meet President Donald Trump during UK state visit May 31, 2019 A group of FTSE 100 chiefs will meet US President Donald Trump during his state visit to the UK next week, Sky News has reported, along with the heads of various US companies. Read more: European stock markets bleed red as Trump takes trade war to Mexico The bosses of Barclays, National Grid, BAE Systems, [...]