Oil prices post weekly gain ahead of OPEC+ meeting November 27, 2020 By Stephanie Kelly NEW YORK (Reuters) – Oil prices were mixed on Friday but posted a fourth straight week of gains ahead of an OPEC+ meeting early next week. Brent crude January futures rose 38 cents to settle at $48.18 a barrel, while the more active February contract gained 46 cents to $48.25. U.S. West [...]
Oil prices hit pre-lockdown levels as vaccine rally goes on November 24, 2020 Oil prices today hit their highest levels since the spring’s historic collapse as traders continued to celebrate news of yet another effective coronavirus vaccine. Brent crude jumped 3.9 per cent across the day to touch $48 – the highest the global standard has traded at since Opec initiated a price war with Russia at the [...]
Telecoms providers must beef up their cybersecurity for the 5G age November 24, 2020 As this 5G digital revolution gathers pace we must prepare the communications networks on which this technology depends so they are secure and resilient
Telecoms firms to face hefty fines under new Huawei laws November 24, 2020 UK telecoms companies will face hefty fines if they fail to comply with the ban on Huawei under a new law submitted in parliament today. In July the government announced a total ban on Huawei, ordering network providers to remove all equipment made by the controversial Chinese tech giant by 2027. Under the new legislation [...]
Oil prices hit highest levels since March on more vaccine hopes November 23, 2020 Global oil prices rose again today as a third straight Monday brought with it positive news concerning a vaccine for the coronavirus disease. Prices climbed a further two per cent after Astrazeneca and Oxford University said that their vaccine was up to 90 per cent effective. The announcement followed similar statements in recent weeks from [...]
Begone Trumpist protectionism! How Biden will boost prospects for global trade November 12, 2020 We cannot be sure on the exact order in which European leaders were contacted by the US President-elect, but we do know that Boris Johnson was among them early on, silencing the hysteria that our Prime Minister might be snubbed. Fears have abounded during this US presidential race that a Joe Biden win would result [...]
Oil prices continue rally as vaccine hope buoys traders November 11, 2020 Oil prices continued to surge today as the discovery of an effective vaccine for the coronavirus disease buoyed traders. Both Brent crude and West Texas Intermediate rose around 3.5 per cent this morning, continuing a rally which has seen prices rise over 10 per cent since Monday. Global standard Brent crude is now trading around [...]
House of Lords defeats Boris Johnson’s controversial Brexit bill November 10, 2020 The House of Lords has rejected Boris Johnson’s controversial Brexit bill that could potentially breach the Brexit Withdrawal Agreement and break international law. Peers voted to remove two clauses from the Internal Market Bill, which deal with the status of Northern Ireland after the Brexit transition period ends on 31 December. The legislation will now [...]
Putin ‘has noted’ Trump’s legal challenges to US presidential election November 9, 2020 Russian President Vladimir Putin will “wait” for an official result for the US presidential election, the Kremlin announced today, as incumbent Donald Trump lays down legal challenges to Joe Biden’s victory. While most world leaders rushed to shore up relations with Joe Biden over the weekend, Putin has remained silent on the Democrat’s election to [...]
‘Putin is not dying,’ Kremlin says November 6, 2020 The Kremlin has dismissed “nonsense” claims Putin will quit the presidency amid fears for his health. This morning The Sun reported the Russian president, 68, is ill and poised to quit amid fears he has possible symptoms of Parkinson’s disease. The Sun cited Professor Valery Solovei, a Russian political pundit, who suggested earlier this week [...]