Oil stocks fall as coronavirus hammers oil prices January 27, 2020 Shares in oil and mining firms slipped this morning as oil prices continued to tumble, with fears over the coronavirus driving down demand for fuel. Brent crude fell over 3.5 per cent to hit $57.78, its lowest levels since October, after sixth straight sessions of decline. West Texas Intermediate fell 3.5 per cent to $52.30. [...]
Asian markets in the red as coronavirus fears rise January 27, 2020 Asian stock markets fell overnight as the death toll from the coronavirus outbreak in China rose to 81 and fears mounted that it could soon cause fatalities elsewhere. Japan’s Nikkei index dropped two per cent, Indonesia’s Jakarta composite index fell 1.5 per cent and India’s S&P BSE Sensex fell 0.5 per cent. The growing death [...]
Surge in investor visa applications from China’s super-rich January 27, 2020 The number of super-rich Chinese individuals applying to live in the UK through an investor visa jumped by a third last year, new figures have revealed. The number of high net worth and ultra high net worth applications rose 32 per cent to 202 in the year to the end of September, up from 153 [...]
Chinese New Year 2020 in London: Where to celebrate the Year of the Rat January 25, 2020 With the Chinese New Year officially upon us, it is time to decide how to celebrate the beginning of the Year of the Rat – the first animal in the Chinese zodiac cycle. In Chinese culture, the rat is seen as a sign of wealth and surplus. Married couples would also traditionally pray to the [...]
FTSE 100 leaps after WHO eases coronavirus fears January 24, 2020 The FTSE 100 stormed ahead today, more than clawing back the losses incurred yesterday as investors’ fears over the spread of the coronavirus mounted. The World Health Organisation yesterday stopped short of declaring the outbreak in China an emergency for the rest of the world. European equities gained in response today, before posting further jumps [...]
Prime Minister says Cobra committee will meet to discuss coronavirus January 24, 2020 The government’s Cobra emergency committee will meet today to discuss Coronavirus, the Prime Minister’s spokesperson said. Public Health England yesterday said that 14 people in the UK had been tested for the virus, with five testing negative and the others awaiting results. It follows the news that the Great Wall of China will be closed [...]
Coronavirus: China widens travel lockdown as death toll rises January 24, 2020 Fourteen people in the UK have been tested for a new strain of the coronavirus, with five testing negative as the others await results, Public Health England said today. An incident team has made a base in Scotland where five people were tested amid 830 confirmed cases of the virus across the world. The death [...]
Hua you gonna call? Why Britain’s 5G infrastructure decision has real implications January 23, 2020 Britain looks set to decide on Chinese titan Huawei’s role in 5G infrastructure next week. Political Editor Catherine Neilan looks at why it matters so much If campaigning is poetry, governing is prose – so goes one of the iron rules of politics. Tough, controversial decisions must be made, and one of Boris Johnson’s first [...]
Tiktok inks licensing deal as it gears up for music streaming launch January 23, 2020 Tiktok has secured a licensing deal with a major music rights agency, marking a key step forward in the social media firm’s plans to launch a new rival to Spotify. The Chinese video app today said it has entered into a multi-territory partnership with Merlin, which represents tens of thousands of independent record labels. The [...]
FTSE 100 slumps on increased coronavirus fears January 23, 2020 The FTSE 100 fell after the open this morning, taking its cue from its Asian peers, which slumped amid growing concerns over the spread of the new flu-like coronavirus from China. Britain’s blue chip index opened down, and was trading 0.49 per cent down by 8.30am, with miners and oil majors weighing on the index. [...]