Oil markets stabilise after Credit Suisse crisis sank prices to a15-month low March 16, 2023 Oil markets have calmed after sliding to 15-month lows yesterday, with tensions easing after Credit Suisse was given a £45bn emergency loan.
Oil demand set for huge boost from China with 2023 to end ‘with a bang’, says IEA March 15, 2023 The IEA says oil demand is edging up slowly but is set for a huge boost from resumed air travel and China's economic reopening.
Prudential: Insurance giant vows to stay listed on London stock exchange after posting uptick in profits on pivot to Asia March 15, 2023 Prudential today confirmed it intends to remain listed in the City following speculation the 175-year-old insurer had plans to switch the the London Stock Exchange for New York. A spokesperson for the insurance giant today confirmed to City A.M. the firm has “no plans” to exit the London Stock Exchange. It comes after Prudential today [...]
OPEC forecasts boost in China oil demand after SVB collapse sparks crude price tumble March 14, 2023 Chinese demand should bolster the oil market, even as crude prices tumble following the collapse of Silicon Valley Bank, says OPEC.
As a new FCA chair steps up, we need a crack down on offshore firms’ lax rules March 14, 2023 Hopefully, guided by a new chair, the FCA will make progress in holding offshore firms who don't follow the rules to account, writes Sadiq Bhatti
Use your Isa allowance to invest against the Chancellor’s ‘Budget raid’ on savings March 8, 2023 What are your options if you plan to use your Isa to buy stocks and shares. We explore the different assets and explain why it’s more important than ever to use your Isa allowance this tax year. More taxpayers than ever are falling into the higher rate tax bracket of 40 per cent. According to [...]
Electric dreams: Is the government really prepared to save car industry after Britishvolt chaos? March 6, 2023 The collapse and revival of Britishvolt raises questions over how the government can revive the car industry - if it wants to.
The resilience of Ukraine’s businesses proves we still understand too little about geopolitical risk March 3, 2023 Contrary to what many believed, Ukraine's businesses are strong in the face of war. They prove geopolitical risk affecting supply chains is more complex than it can look like, writes Chonchol Gupta
Hong Kong stock exchange operator to open London office March 2, 2023 Hong Kong Exchanges and Clearing (HKEX) confirmed today that it will open an office in London in the first half of 2023. It said the new office will expand the group’s international reach and promote greater global connectivity. HKEX chief executive Nicolas Aguzin, said: “HKEX has strong ties with the financial community in London through [...]
Tata demands £500m from UK to build battery factory March 1, 2023 The government will have to cough up £500m in taxpayer funds if it wants Jaguar Land Rover owner Tata Motors to build a UK battery factory.