OPEC and EU tensions drive oil prices as China eases pandemic restrictions April 12, 2022 Oil prices rebounded nearly five per cent across both major benchmarks amid growing tensions OPEC and EU tensions.
Stateside inflation roars to highest rate since Christmas 1981 April 12, 2022 Stateside inflation has roared to its steepest level since Christmas 1981 in a sign of darker times to come for UK households, reveals official figures released today. Prices are 8.5 per cent higher than they were a year ago in the US, according to the US Bureau of Labor Statistics. The damning figures strengthen the [...]
Apple eyeing $90bn buyback and dividend hike as coffers overflow April 12, 2022 Apple could unleash $90bn worth of share buybacks and unveil bumper dividend payouts as bosses look to burn off excess cash, a top analyst has predicted.
Liontrust weathers £400m outflows following loss of investment mandate April 12, 2022 Asset manager Liontrust has weathered heavy outflows in the first quarter of this year after the loss of an investment mandate saw investors pull £400m from its funds.
Uniper and Shell join forces to develop blue hydrogen in the UK April 12, 2022 Energy titans Uniper and Shell have teamed up to produce blue hydrogen at Uniper's Killingholme power station in Lincolnshire, England.
Will Bitcoin rally to hit a new ATH of $75k in 2022? April 12, 2022 Crypto AM columnist Nigel Green predicts Bitcoin will hit an all-time high of $75,000 this year.
‘Sell Ethereum’ Google searches skyrocket as crypto markets get the jitters April 12, 2022 Analysis of Google data reveals that online searches for 'sell Ethereum' jumped by 1,636 per cent in the UK today after the value of the world's second-largest cryptocurrency dropped 14 per cent across the week.
Moscow plots retaliation following EU blacklisting of 21 Russian airlines April 12, 2022 Moscow’s aviation regulator said it was planning countermeasures after the EU Commission banned 21 Russian airlines from operating. The Rosaviatsia said Brussels’ decision attested to a “policy of discrimination and violation of international aviation law,” which is expected to bring about “response measures” from Moscow’s side. The EU Commission announced yesterday it had added a [...]
AXA IM bets big on metaverse with launch of dedicated fund April 12, 2022 AXA Investment Managers (AXA IM) has launched a metaverse fund to invest in companies exploring virtual reality.
OPEC warns of global supply shock if EU sanctions Russian oil April 12, 2022 OPEC has warned the European Union sanctions on Russian fossil fuels could create one of the worst global oil supply shocks in history.
