EU members back tough stance on 5G suppliers in potential blow to Huawei November 23, 2019 European Union countries are endorsing a tough line on selecting 5G suppliers in a potential blow to market-leading telecoms equipment supplier Huawei. At a meeting in Brussels on Friday, ambassadors for EU states agreed to an approach which includes vetting the domestic legal framework 5G suppliers are subject to. Read more: Trump administration grants Huawei [...]
FTSE 100 soars above European rivals as pound weakens November 22, 2019 The FTSE 100 jumped this afternoon, ending the week with a strong finish amid a drop in the pound and strong gains in some sectors. The UK’s blue-chip index led its European counterparts upwards, rising 1.21 per cent. Read more: Sterling falls as UK economy slows and US accelerates France’s CAC 40 index had climbed [...]
Huawei: The fake choice between US and China will weaken the world economy November 22, 2019 Over the last year, the UK and its European partners have been asked to make a false choice between the US and China. What started with a series of false claims about Huawei’s role in telecoms infrastructure has broadened into a wider campaign that places the very concept of globalisation and the global economy at [...]
Hong Kong’s local elections in spotlight after months of protests November 22, 2019 Hong Kong is bracing itself for a fresh weekend of tension as voters in the city head to the polls after months of civil unrest. More than 4m residents will go to the ballot box for district council elections on Sunday, with Hong Kong facing its first electoral test of public opinion since the pro-democracy [...]
Some inconvenient truths about income November 22, 2019 “Chin up. Be positive. It’ll all work out.” We are always being encouraged to look on the bright side, but too much optimism can be dangerous. Take the simple matter of how much we expect to earn from our savings and investments. Far too many people around the globe take a “glass half full” approach [...]
Property focus on Sloane Square: This 1980s hotspot is experiencing a revival November 22, 2019 It may be famed for being the social epicentre for the young and blue-blooded in the 1980s, having lent its name to the Sloane Ranger set which included Princess Diana and Sarah Ferguson. But the area around Sloane Square is now getting a modern makeover – and vying with other parts of Chelsea and Mayfair [...]
Bitcoin tumbles below $8,000 barrier as sell-off continues November 21, 2019 Bitcoin plummeted below $8,000 this morning after hovering just above the barrier for almost a week. The cryptocurrency crashed through the barrier mid-morning UK time, marking its lowest price since late October. Read more: Emerging markets need more say on digital currencies like Libra, says Chinese official Bitcoin continued to fall, according to Coindesk data, [...]
FTSE 100 sinks again after US-China trade war tensions rise over Hong Kong November 21, 2019 The FTSE 100 opened lower this morning, with other major European stock markets also down, after the US and China clashed over Hong Kong and fresh doubts emerged about a trade deal between the two. The FTSE was 0.67 per cent lower shortly after opening, Germany’s Dax index was down 0.64 per cent, and France’s [...]
War, what is it good for? Absolutely not business November 21, 2019 Management terms such as “strategy”, “logistics” and “operations”, among others, have been borrowed directly from military science. Today, we’re taking it even further — every day in the office, it’s like we’re entering into a battle. New pricing strategy? That’ll be a “price war”. A big task? Let’s “divide and conquer”. Handling a crisis? Time [...]
FTSE 100 falls one per cent after Donald Trump trade comments November 20, 2019 European stock markets have fallen today following President Donald Trump’s threat to raise tariffs on Chinese goods if no deal can be reached between the two sides, with the FTSE 100 leading the bunch downwards. The FTSE 100 was down 1.09 per cent by 12.45pm UK time. In Germany, the Dax index was 0.70 per [...]