Russia attempts to undermine UK with cyber attacks and fake news December 17, 2016 Russia has embarked on a propaganda campaign against Britain, according to reports. Moscow is seeking to undermine the UK's power by using cyber attacks and fake news, and Prime Minister Theresa May is set to hold a National Security Council meeting to assess the Russian aggression and how to respond, according to The Times. Read more: [...]
Christmas with JPMorgan: the bank picks books, sites and music for the holiday season December 16, 2016 There's still time to get a last minute gift for the banker in your life! JPMorgan's annual holiday reading list has been given an upgrade for 2016, and to mark the 10-year anniversary of the reading list, the US bank added on a few cultural and musical recommendations. The bank is actually calling the list #nextlist2017, and [...]
Why Adam Silver and Sir Philip Craven are my sports leadership heroes of the last 12 months December 15, 2016 If politics entered a post-truth era in 2016, sport entered a post-trust era. So much of sport is about trust – from your teammates to the coaches and medical team to the administrators that govern the game. Slowly but surely trust has been seeping out of the sports we love, and 2016 was the climax of [...]
Oil prices: Brent crude and West Texas Intermediate prices rise as markets adjust to US interest rate hike and dollar rally December 15, 2016 Oil markets stabilised today after sharp falls before and after yesterday's decision to raise US interest rates from 0.5 per cent to 0.75 per cent. Brent crude, the global benchmark, was up 0.7 per cent to $54.29 a barrel, while US sweet crude rose 0.3 per cent to $51.17. On Monday, Brent crude hit a temporary [...]
Russian hacking to influence Brexit vote is “highly probable” says Labour MP Ben Bradshaw December 13, 2016 It is “highly probable” that Russian hackers attempted to influence the result of the EU referendum, according to a Labour MP. Ben Bradshaw, the MP for Exeter since 1997, told Parliament that he suspected Russian hackers had followed similar tactics to those used the US election campaign. However, he admitted that proof for his claim [...]
Exxon Mobil chief Rex Tillerson confirmed as Donald Trump’s secretary of state but President-elect delays business interest announcement December 13, 2016 The boss of the world's biggest oil company, Exxon Mobil, has been confirmed as President-elect Donald Trump's secretary of state. Rex Tillerson had been widely tipped for the role as America's top diplomat, though other figures such as former CIA chief David Petraeus and former presidential candidate Mitt Romney had also been considered. Read more: Yet another [...]
Three things you need to know about Rex Tillerson December 13, 2016 Rex Tillerson is officially President-elect Donald Trump's pick for secretary of state, one of the top posts in his team. After one of the favourites for the job, former New York mayor Rudy Giuliana, ruled himself out, it's now Rex W Tillerson who has been named to the job, confirming widespread speculation. Trump himself even teased the speculation [...]
Brent crude oil breaks $57 a barrel as deal with non-Opec producers triggers five per cent rally December 12, 2016 Oil prices shed earlier gains this evening after rallying more than five per cent during the day, as markets digested a landmark pact between oil producing countries and cartel Opec. Global benchmark Brent crude briefly rose above $57 a barrel for the first time since July 2015 in morning trading. This evening it was trading up [...]
Donald Trump tweet about F-35 programme wipes billions off Lockheed Martin’s market value December 12, 2016 Lockheed Martin has become the latest victim of Donald Trump's rampant Twitter ranting and has lost billions off its market value in the process. The defence giant's stock fell 4.6 per cent on the New York Stock Exchange in early trade, down to $247.61, after the President-elect tweeted that the F-35 programme and its cost is "out [...]
Rosneft buys 30 per cent stake in Eni’s “super-giant” Egyptian Zohr gas field December 12, 2016 Russian oil behemoth Rosneft has snapped up a 30 per cent stake in Eni's Shorouk concession, which contains the Mediterranean's largest gas field, for $1.58bn (£1.25bn). This cuts the Italian oil and gas group's stake in the concession from 90 per cent to 60 per cent. Rosneft will pay $1.13bn in cash for the concession and [...]