Russia cushioned from sanctions as partners buy oil above quoted prices February 14, 2023 Russia's trade partners have increasingly paid more for Russian crude than quoted prices suggest Goldman Sachs.
FTSE 100 close: London index nears 8,000 point mark for first time despite UK economy toying with recession February 14, 2023 London’s FTSE 100 nearly hit the 8,000 point mark for the first time ever yesterday despite the UK economy toying with a recession. The capital’s premier index climbed for most of the day, before running of steam during the afternoon trading session, dragged down by a hotter than expected US inflation report showing prices rose [...]
Part 2: Financial Services and Markets Bill – an opportunity for SMEs? February 14, 2023 Lord Holmes looks at the Government’s responses to the issues that have been raised around improving SME access to finance.
Explainer-in-brief: UFOs or Chinese spy balloons? February 14, 2023 Are the mysterious objects flying over North America a sign of alien life?
Turkey earthquake: Qatar to send 10,000 mobile homes from World Cup to help victims February 14, 2023 Qatar plans to send 10,000 cabins and caravans from last year’s World Cup to provide shelter for survivors of the Turkish earthquakes, officials said. The gas-rich Gulf nation says it had always planned to donate the mobile homes. They were needed to help house some of the 1.4 million fans who descended on the small [...]
Rolls-Royce, Airbus pen deal with Air India for 250 planes in boost for UK manufacturing February 14, 2023 Rolls-Royce and Airbus have signed multi-billion pound deal to build 250 new planes for Air India, which is set to create hundreds of new jobs in the UK. The wings will be designed in Filton and assembled in Broughton, creating 450 manufacturing jobs and bringing in more than than £100m of investment to Wales. Meanwhile, [...]
Thames Water risks £500m shortfall after April bill hike as vulnerable customers fall behind on payments February 14, 2023 Hundreds of thousands of Thames Water's customers risk falling behind on their bills when prices rise in April, according to Outra.
US inflation eases for seventh straight month but pace of decline loses momentum in headache for Fed February 14, 2023 US inflation eased for the seventh month in a row in January, but the pace of decline is beginning to level off, official figures out today reveal. The pace of price increases in the world’s largest economy on an annual basis fell to 6.4 per cent, down from 6.5 per cent, according to the US [...]
No layoffs for Arm as it expands UK workforce to meet rising chip demand February 14, 2023 Chip designer Arm has bucked the trend of tech companies cutting jobs, after it confirmed that it will grow its UK workforce in order to meet the rising demand for chips. The British firm plans to hire 500 new employees, with 350 of the roles spread across Cambridge, Manchester, Warwick, and Sheffield. In response to [...]
Russia rejects Moldova President’s claim of plot to overthrow her government as Ukraine war anniversary nears February 14, 2023 Russia angrily rejected the Moldovan president’s claims about an alleged plot by Moscow to overthrow her government and accused Moldovan authorities of trying to distract public attention away from the country’s own domestic problems. Moldova’s President Maia Sandu said that the purported Russian plot envisioned attacks on government buildings, hostage-takings and other violent actions by [...]
