Jamie Dimon eyes high interest rates, uneven lending and IPO dearth in JP Morgan shareholder letter Business One of the biggest names in global banking issued a stark warning about global political uncertainty and the potential threat of higher asset prices on Monday, while pointing to the faltering pipeline for company flotations. Jamie Dimon, the chief executive of JPMorgan Chase, added his voice to a debate raging in world financial centres on [...]
US markets hold steady after Trump’s expletive weekend ultimatum Markets US markets held their nerve on Monday, as Wall Street traders returned to their desks for the first full session after President Donald Trump’s explosive, expletive-strewn demands for Iran to re-open the Strait of Hormuz. Brent crude oil held the $107-a-barrel mark. But the global benchmark eased overall, by $1.50 to $107.54. European stock exchanges [...]
‘Open the f**king strait’ – Trump issues brutal ultimatum to Iran Politics Trump has ordered Iran once more to open the Strait of Hormuz in an expletive filled ultimatum, threatening Iranian bridges and power plants if Iran fails to meet US demands. Just hours after warning Iran that “all hell will reign down” if they fail to reopen the waterway by Monday, US President Donald Trump has [...]
The UK is in a ‘toxic relationship’ with the government says Badenoch April 5, 2026 Conservative leader Kemi Badenoch has claimed the UK is in a “toxic relationship” with big government, which is stagnating economic growth and holding people and businesses back. In an op-ed in The Times, Badenoch said the relationship is making people “miserable” while proving to some that “Britain is broken”. She wrote: “This isn’t a broken [...]
Missing US airman rescued as Trump warns “all hell will rain down” April 5, 2026 The US has said it has rescued a service member missing “behind enemy lines” with Trump vowing to escalate the pressure on Tehran with renewed threats. The US president wrote on social media that the rescued aviator is injured but “will be just fine”, noting the rescue involved “dozens of aircraft”. He wrote: “This brave [...]
Space X kicks off IPO process with confidential filing April 2, 2026 Elon Musk’s Space X has confidentially filed to go public, bringing the rocket company a step closer to delivering what is expected to be the largest initial public offering in history. The Texas-based company submitted its draft IPO paperwork to the US Securities and Exchange Commission this week, according to the Financial Times, citing two [...]
The UK is being “dragged into” Iran war says Badenoch March 21, 2026 Conservative leader Kemi Badenoch has said the UK is being “dragged into” the Iran war “whether we like it or not” after the nation fired missiles at joint UK-US base. Badenoch argued Starmer can longer “sit on the fence” after the attempted strikes on Saturday morning, before criticising him for not backing the US to [...]
Starmer to convene emergency meeting over Iran war price shock March 21, 2026 Prime Minister Keir Starmer will convene an emergency meeting of senior cabinet ministers and the governor of the Bank of England next week, as prices continue to soar amid the Middle East conflict. The meeting will discuss plans to help households with the rising cost of living caused by the war in Iran, according to [...]
Oil importing markets’ share prices slide amid Iran energy crisis March 9, 2026 Oil importing markets across Asia and Europe suffered a sharp stock sell-off in early morning trading, after crude oil prices rocketed to their highest levels in four years amid the US-Israel war with Iran. The price of oil breached the $100 (£74.90) mark for the first time since the 2022 energy crisis, which was triggered [...]
G7 ministers to discuss joint release of emergency oil reserves March 9, 2026 G7 finance ministers are set to discuss a possible joint release of petroleum from reserves coordinated by the International Energy Agency in an emergency meeting on Monday, as they look to tackle surging oil prices amid the conflict in the Gulf. Ministers will hold a call with International Energy Agency’s (IEA) executive director Faith Birol [...]