Why China’s growing dominance in wind power should worry the West March 27, 2024 accounted for two-thirds of the entire global build in 2023 and now boasts a 77GW portfolio
FTSE 100 today: London markets brace for flat open as global rally takes breather March 27, 2024 Asian markets followed Wall Street's dip, oil prices fell, and Donald Trump's media firm made a strong debut. Investors are now focused on the imminent release of US PCE inflation data for further cues.
China’s cyber-attacks are democratic threat and business opportunity March 26, 2024 How you doing, my old China? That was certainly the tone of the UK’s attitude towards Sino-British relations when the current foreign secretary, David Cameron, was Prime Minister. He even took a confused-looking Xi Jinping for a pint in the Cotswolds. As yesterday’s parliamentary announcements made clear, things have changed. China’s cyber attack on the [...]
FTSE 100 today: London markets set for muted start amid thin data calendar in holiday week March 26, 2024 Asian stocks soared, with South Korea leading the charge, while both gold and oil prices remained largely steady, and Bitcoin hovered around $70,000. Now, all eyes are on the US PCE inflation data for crucial insights into economic trends.
Gatwick boss eyes long-haul market amid expansion drive and jostle with Heathrow March 25, 2024 Gatwick's chief executive is spearheading a drive into the long-haul market as the UK's second biggest hub seeks to muscle in on its larger rival Heathrow.
IMF: China must ‘reinvent itself’ to boost shaky economy March 24, 2024 China needs to take "decisive" steps to fix its struggling housing market and address its rising government debt, the IMF's chief has said.
FTSE 100 today: London markets to open higher, riding the global rally wave March 22, 2024 Asian markets track Wall Street's uptrend. Apple shares fell 4.1 per cent amid legal issues, and the Chinese yuan hit a four-month low. Reddit's stock soars 48 per cent on debut. Focus shifts to key events like UK retail sales and Fed Chair Powell's speech for monetary policy clues.
How Sir Richard Branson’s Virgin Group makes money and what it’s worth today March 21, 2024 City A.M. has taken a look at what Virgin Group still owns and what companies pay to use the brand's name.
The Monetary Policy Committee can fight rate setting unease with greater coherence March 21, 2024 Andrew Bailey did not have a lot of luck when he came to the table as the new Governor of the Bank of England, stepping into the job about the same time as a flu-like virus from a Chinese city nobody had heard of arrived at Heathrow. He has since played a bad hand badly, [...]
Gucci, Prada, and Burberry are no longer in Vogue as ‘richcession’ bruises luxury sales March 20, 2024 A profit warning from the parent brand of Gucci has sunk the share price of not only the brand but also its rivals, in the latest sign that luxury designers are falling out of fashion with investors.