Oil prices and Asian stocks collapse under coronavirus fears March 9, 2020 Oil prices and stocks collapsed today as investors piled into safe havens in a bid to escape the fallout of a fresh spread of coronavirus. Oil prices plunged around 30 per cent after Saudi Arabia signalled its intention to ramp up production. And investors knocked 30-year US bond yields below one per cent as they [...]
Trial over downing of flight MH17 begins without suspects March 9, 2020 A trial against the four individuals charged with the murder of 298 people and the downing of flight MH17 will begin in the Netherlands today. Last year, arrest warrants were issued for three Russians and a Ukrainian identified by a Dutch-led joint investigation team. Russians Sergey Dubinsky, Oleg Pulatov and Igor Girkin, and Ukrainian Leonid [...]
Saudi Arabia to up oil production after Opec deal falls through March 8, 2020 The Middle East’s stock markets tumbled on Sunday after the three year alliance between oil cartel Opec and Russia collapsed last week. As a result of the botched negotiations over further production cuts, Opec removed all existing output curbs for its members, leading to a string of local equity markets falling over fears of a [...]
Oil prices tumble 10 per cent as Russia rejects Opec deal March 7, 2020 Oil prices plummeted by around 10 per cent on Friday as a proposal to reduce output by major producers collapsed. With global demand slowing due to the coronavirus’s impact on travel, manufacturing and supply chains, the plan had intended to keep prices steady. But Russia decline to participate and talks ended with there being no [...]
Oil prices fall again as Russia rejects further Opec cuts March 6, 2020 Oil prices plunged four per cent today after Russia rejected oil cartel Opec’s proposal to deepen production cuts by an additional 1.5m barrels per day until the end of the year. The drop means that prices are at their lowest point since July 2017 after a source told Reuters Russia would only agree to extend [...]
Andre Villas-Boas is resurrecting his career with Marseille in Ligue 1 March 3, 2020 It seemed a case of too much too soon for Andre Villas-Boas when his time in English football ended in ridicule and his rapid rise to the top, aged just 33, overwhelmed him. The Portuguese had been hailed as the new Jose Mourinho when he arrived at Chelsea in the summer of 2011 following an [...]
What is the coronavirus and how dangerous is it? March 2, 2020 Since it emerged in China at the turn of the New Year, a deadly new strain of coronavirus has spread across the world and claimed hundreds of lives. The number of coronavirus cases globally is nearing 90,000, with fears of a possible pandemic. Read more: 14 Diamond Princess passengers evacuated to US test positive for [...]
From Russia with kefir: How Biotiful Dairy sold a new drink to the British public March 2, 2020 How do you convince the British public to try a whole new food category, especially when it doesn’t sound very appealing at first glance? That was the challenge facing the Russian-born entrepreneur Natasha Bowes when she decided to try to start selling kefir in the UK. Kefir is a type of fermented milk drink made [...]
Is there a solid case for the proposed boost to UK defence spending? March 2, 2020 Is there a solid case for the proposed boost to UK defence spending? Chris Ross, senior vice president at Barracuda Networks, says YES. It’s time to face up to the reality that we live in an increasingly dangerous world, with cybercrime, global tensions, and sophisticated terrorist attacks placing a huge burden on the security services. [...]
Oil prices drop again as coronavirus cases escalate February 28, 2020 Oil prices fell again today as the spread of the coronavirus cast uncertainty over the world economy. Oil prices saw further falls after an initial rally today after yesterday’s slump. A spike in the number of coronavirus cases dragged prices back down, along with the world’s stocks. Brent Crude plunged almost five per cent to [...]