Oil prices jump as Trump declares victory prematurely November 4, 2020 Oil prices jumped this morning after President Donald Trump falsely claimed to have won the US election with millions of ballots still to be counted. Global standard Brent crude jumped two per cent to trade at $40.50 in the aftermath of Trump’s speech this morning. US benchmark West Texas Intermediate also climbed by the same [...]
After four years, Trump has yet to master the art of the diplomatic deal November 3, 2020 “We can’t continue to allow China to rape our country,” Donald Trump urged crowds at a campaign rally in Indiana, months before his surprise 2016 election victory. As America once more heads to the polls today, the rest of the world can only stand by and watch. And while Joe Biden appears to be leading, [...]
UK spooks block two cyber attacks per day as hackers exploit Covid-19 November 3, 2020 UK spooks blocked an average of almost two major cyber attacks per day last year as unscrupulous hackers tried to capitalise on the Covid-19 crisis. The National Cyber Security Centre (NCSC) handled 723 incidents between 1 September 2019 and 31 August 2020, up from an average of 602 incidents over the last three years. The [...]
As Georgia heads to the polls, democracy and prosperity hang in the balance October 30, 2020 Georgia has been one of the success stories in Eastern Europe after the Cold War. It is now a vigorous, multi-party democracy where elections are fiercely fought but the electorate’s decision respected. Sound economic policies have pushed Georgia near to the top of the World Bank’s league of the best places in the world in [...]
Spotify dancing on air as premium subscribers revenue beats expectations October 29, 2020 Spotify said the number of paid subscribers signing on for its ad-free music streaming service beat expectations in the third quarter.
Carlsberg raises full-year outlook as beer sales recover October 27, 2020 Carlsberg today lifted its expectations for the full year after posting a better-than-expected beer sales in the third quarter. The Danish brewer said it now expected operating profit to decline by a mid-single-digit percentage, compared to previous guidance of a high-single-digit percentage. It came after the company posted a 2.4 per cent rise in total [...]
Exclusive: Private jet sector remains ‘robust’ amid air travel slump October 27, 2020 The number of flights made on private jets in August was nearly three per cent higher than in the same month last year, new data for City A.M. has shown. Analysis from business aviation broker Colibri Aircraft showed that there were 68,525 such flights in August, a 2.8 per cent rise year-on-year, despite the coronavirus [...]
Oil prices fall on fears of production boost amid surge in Covid-19 cases October 26, 2020 Global oil prices dropped sharply this morning amid fears of a ramp in production even as governments implement more stringent restrictions to cope with a surge in coronavirus cases. Worldwide standard Brent crude shed 2.4 per cent to fall to $40.76, while American benchmark West Texas Intermediate dropped 2.6 per cent to stand at $38.78. [...]
Russian authorities launch investigation into new Petropavlovsk boss October 22, 2020 The chief executive of embattled gold miner Petropavlovsk [LON:POG] is being investigated by Russian authorities after forcing his way into the FTSE 250 company’s offices in Moscow. On 26-27 August, Maksim Meshcheryakov was prevented from entering the firm’s office in a stand-off with staff. CCTV footage which later circulated on Russian social media showed Meshcheryakov, [...]
Women make up over half of new partners at UK law firms for first time October 21, 2020 The proportion of women becoming partners at British law firms has topped 50 per cent for the first time, according to an influential ranking of the UK’s legal industry. Almost 52 per cent of newly-ranked lawyers attaining partner level over the past year were female, according to legal ranking firm Chambers’ annual report on the [...]