Britain leads falling European stock markets as US recession risk grows March 25, 2019 European stocks fell today, with Britain's leading the drop, while US equities were volatile as investors weighed up global economic headwinds and recession fears. The US’s S&P 500 was down 0.4 per cent soon after opening at 1.30 pm UK time, but rebounded to rise 0.3 per cent for the day, while the Dow Jones [...]
Ailing medical equipment maker Convatec hopes new boss will transform fortunes March 25, 2019 Convatec’s shares rose this morning as it announced it had poached Karim Bitar, chief executive of Genus, as its new boss. The struggling medical equipment manufacturer confirmed the appointment this morning, meaning it will finally have a permanent chief after previous CEO Paul Moraviec stepped down last October. Read more: Shares in Convatec fall 20 [...]
Asian stocks slump amid fears of global economic slowdown March 25, 2019 Fears of a global economic slowdown took its toll on Asian markets overnight, as stocks slumped amid growing investor caution. Read more: Fed slows balance sheet reduction and holds line on rates Japan's benchmark Nikkei 225 index tumbled 3.1 per cent, as trading opened on Monday after a week of unrest across global markets. Hong [...]
No evidence that Trump campaign colluded with Russia, Mueller probe finds March 24, 2019 US special counsel Robert Mueller’s report has found no evidence of collusion between President Donald Trump’s campaign and Russia, according to details released this evening. In a summary of the inquiry’s conclusions sent to Congress, attorney general William Barr said Mueller had not found any evidence of collusion, but added he had not reached a [...]
The White Crow: Ralph Fiennes’ biopic about legendary ballet dancer Rudolf Nureyev is a slow burner March 22, 2019 Saying someone is a ‘white crow’ in Russia is a bit like saying someone ‘sticks out like a sore thumb’ over here. It isn’t meant as a compliment in either country, but it could cost you your life in Krushchev’s Russia. Legendary ballet dancer Rudolf Nureyev learnt that the hard way when he defected from [...]
England v Czech Republic: Silverware within reach if Gareth Southgate can make Three Lions more ruthless March 21, 2019 Hubris has pulled the rug from under England frequently enough to make any assumptions inadvisable but even the most cautious Anglo-Saxon will recognise that the qualifying process for the 2020 European Championship, which begins tonight, should present few hazards. The now-expanded finals and a revised path to the tournament proper ought to make it easier [...]
Football Betting Tips: Southgate can keep the Three Lions roaring March 21, 2019 FOR SO long, the start of an England qualifying campaign was met with that oh-so-forgettable feeling of here we go again. Slow, boring and lacking in enthusiasm are some of the thoughts that spring to mind when recalling some of England’s football over the past decade or so. So when Gareth Southgate was given the [...]
B&Q owner Kingfisher’s boss to depart as profits slump and stores close March 20, 2019 Kingfisher announced the surprise departure of its chief executive this morning, as a swathe of store closures and a double-digit drop in profits puts mounting pressure on the embattled DIY group. Read more: B&Q owner Kingfisher plans foreign market exit as French sales drag Veronique Laury, who is currently one of six female chief executives in the [...]
Oil prices give back gains after hitting 2019 highs after Opec cuts continue to bite March 19, 2019 The price of oil was flat last night after giving back gains which saw it reach a four-month high earlier in the day. International standard Brent Crude was hovering around $67.5 per barrel in the early evening, largely unchanged. Read more: Venezuela looks to Russia for oil exports as US sanctions bite However, the price reached as high [...]
Hyundai teams up with Russian tech giant Yandex to build driverless cars March 19, 2019 Hyundai has today moved up a gear in the global race to manufacture driverless cars, as it teams up with Russian tech giant Yandex. The announcement signals Hyundai’s intentions to move into the slipstream of rivals Toyota and Ford, who have teamed up with Softbank and Chinese internet giant Baidu respectively to work on autonomous [...]