Brits buy more Paris 2024 Olympics tickets than any other overseas nation April 11, 2023 Great Britain is leading the way for ticket purchases outside of France ahead of next year’s Paris 2024 Olympics. The French capital will host the iconic multi-sport extravaganza for the first time in 100 years in what is also set to be the first Olympiad since the Covid-19 pandemic. It also marks a return to [...]
Another LNG-fuelled winter will expose lack of seriousness about UK’s energy goals April 11, 2023 Winter is over, with the government managing to stave off blackouts over – but LNG problems persist, exposing the UK's energy challenge.
Oil prices propped up by OPEC+ supply cuts amid gloomy economic forecasts April 10, 2023 Oil prices have stabilised today after three straight weeks of gains, with further supply cuts from OPEC+ propping up both major benchmarks.
Could Putin pull Russia out of key Ukraine grain deal, and what would the impact be on global markets? April 7, 2023 Russia could pull out of a wartime deal that allows the export of Ukrainian grain to global markets if the West fails to remove obstacles to Russian agricultural exports, Moscow’s top diplomat has said. The deal, brokered by the United Nations and Turkey in July, unblocked shipments stuck in Ukraine’s blockaded and mined ports, alleviating [...]
As Russia’s war in Ukraine rages on, venture investors are looking to cash in on ‘defence tech’ April 7, 2023 Russia's invasion of Ukraine brought a sharp close to a decade-long venture capital funding frenzy last year, as soaring inflation, rapid rate hikes and tumbling valuations caused investors to hurriedly tuck away their cheque books.
Global growth to dive below three per cent and stay there till 2028, IMF chief warns April 6, 2023 World economic growth will dip below three per cent during 2023 and is likely to stay at that level for the next five years, the head of the International Monetary Fund (IMF) said today. Kristalina Georgieva, IMF managing director, made the assessment during a prepared speech while visiting Washington DC in advance of the IMF [...]
Shell’s shares rise on FTSE 100 after predicting upturn in LNG output April 6, 2023 Shell's shares have risen on the London Stock Exchange this morning, after it unveiled a bullish update for its first quarter of trading ahead.
‘Had enough of experts?’ Record level of Brits now want them in charge April 6, 2023 Record levels of Britons now want experts to run the country, a global democracy survey has found. Almost two thirds of the British public – 61 per cent – in 2022, said having experts, not politicians, make decisions according to what they think best, was a good way of governing. The finding comes six years [...]
Russian tycoon’s ex criticised by London judge for ‘costly and destructive’ divorce fight with £9m bill April 5, 2023 A wealthy Russian businesswoman’s ex-husband has come under fire from a London judge who oversaw a “costly and destructive” divorce fight. Sir Jonathan Cohen said Alla Rakshina, 42, and ex-husband Lazaros Xanthopoulos, 43, ran up lawyers’ bills of nearly £9 million as disputes over jurisdiction, money and children featured in more than 60 hearings in [...]
Gas prices: How long before they return to pre-energy crisis levels? April 5, 2023 Gas prices will not return to pre-crisis levels for another three years despite the recent drop-off, warns investment group Stifel.