Russia may attack civilian ships with sea mines and blame Ukraine, Cleverly warns October 5, 2023 Russia may use sea mines to target non-military ships and blame Ukraine for any attacks, the UK Government has said. Declassified intelligence warned last month that the Russian military had attempted a missile strike against a cargo ship in the Black Sea. The UK believes Russia could continue targeting civilian shipping, including by laying explosive [...]
OPEC+ opt against further oil output cuts as prices drop on demand fears October 5, 2023 Oil prices have slide after OPEC+, opted against further changes to the group's hawkish output cuts this year.
Trompe L’Oeil review: Trump is the butt of the joke again October 5, 2023 How many fringe theatre and cabaret shows have made Donald Trump the butt of their jokes? Surely it’s in the thousands. It must hard to offer fresh material, so kudos to Trompe L’Oeil for finding new life in him yet. In this musical cabaret the former president is played by Emer Dineen, who portrays a [...]
London floats sink again – but analysts eye buoyant times ahead October 4, 2023 The amount of cash raised on the London Stock Exchange sank again over the past three months as the global IPO market remained hobbled by soaring inflation and roiled public markets.
Increasing geopolitical fragmentation putting energy transition at risk, IMF warns October 3, 2023 Geopolitical fragmentation could send the price of crucial commodities soaring, putting further pressure on the global economy’s net zero targets.
Burger King still operating in Russia despite vow to quit 18 months ago October 3, 2023 Burger King is still operating in Russia despite a promise from its owner that it would cease operations in the country more than a year ago. Restaurants Brand International (RBI) – which owns 15 per cent of the fast food chains franchise business in Russia- told the BBC it had “no new updates to share [...]
Oil pulls back as OPEC boss warns high prices are here to stay October 3, 2023 Oil prices have pared back from last month's rally, weighed down by a stronger US dollar and rising bond yields.
Yields continue rising after global bond sell-off last week October 2, 2023 Yields on sovereign bonds edged up again on Monday, renewing a sell-off which took steam last week amid concerns over higher interest rates.
EU reaffirms ‘unwavering’ commitment to Ukraine – amid suggestions of ailing support October 2, 2023 Some of Europe’s top diplomats are gathered in Kyiv in a display of support for Ukraine’s fight against Russia’s invasion as signs emerge of political strain in Europe and the United States over the war. European Union foreign ministers converged on the Ukrainian capital for an unannounced informal meeting that officials said would review the [...]
UK down to last coal plant as households are urged to save energy this winter October 2, 2023 Just one coal fired power plant remains operating in the UK energy market ahead of winter, with ESO telling customers to save energy.