Brand Britain: How will Brexit affect our image abroad? September 23, 2016 WE’RE used to the echo chamber of post-referendum woes from the worlds of business and politics, but what does Brexit mean for marketing Brand Britain abroad? The drop in sterling has been great news for UK exporters. Figures out last week show that foreign demand for British vehicles has boomed for example, producing the best [...]
Treasury minister Jim O’Neill quits amid China and Northern Powerhouse spat September 23, 2016 Lord Jim O'Neill has resigned as a minister in Philip Hammond's Treasury team amid speculation of differences of opinion with Prime Minister Theresa May. O'Neill, a former Goldman Sachs economist who is known for coining the term BRICS (the acronym for the emerging economies of Brazil, Russia, India, China and South Africa), first cited problems with Prime [...]
Opec is like a latter-day Ratpack act: It doesn’t need new material to move the market September 20, 2016 How many stories are there in town at the moment? What are the current obsessions for traders who, now that September is here, are routinely swinging the equity market over one per cent on a daily basis? To my mind, after a seemingly endless succession of sessions in July and August without a one per cent [...]
Sun shines for Channel Islands exchange as it claims 229 more listings in first half of 2016 September 19, 2016 An independent Channel Islands exchange has reported 229 new listings in the first half of 2016. The Channel Islands Securities Exchange (CISE) said this figure represented a 13 per cent increase on the same period last year and took its total number of listed securities to 2,222 at the end of June. Read more: Leading [...]
Chris Froome says he has “no issues” with leak of his and Bradley Wiggins’ medical records by Russian hackers September 15, 2016 Chris Froome has "no issues" with the release of his medical files which have been stolen from the World Anti-Doping Agency (Wada) by Russian hackers. A group of hackers calling themselves the "Fancy Bears" released Wada medical records for reigning Tour de France champion Froome as well as fellow British cycling icon Sir Bradley Wiggins. There is no [...]
BBC v Russia: Russian Embassy clashes with reporter over US athletes’ data leak September 14, 2016 Don't poke the bear. Especially not on Twitter. And especially not over doping in sport. You won't get away without an argument. The BBC's home affairs correspondent Daniel Sandford and the UK's Russian Embassy were engaged in an unlikely and bizarre social media spat over doping in sport that culminated in the latter being accused of [...]
Russian hackers condemned as private medical files of Serena Williams and Simone Biles leaked September 13, 2016 The World Anti-Doping Agency (Wada) and the International Olympic Committee (IOC) have condemned a group of Russian hackers who call themselves the “Fancy Bears” after they accessed and leaked medical data for Rio 2016 stars such as Serena Williams and Simone Biles. The hackers published what they said were the therapeutic use exemptions (TUEs) – [...]
Syria crisis: US and Russia reach truce deal and plan to tackle Isis with joint airstrikes September 10, 2016 The US and Russia have reached a breakthrough deal on Syria's peace process that will begin with a nationwide "cessation of hostilities" from sundown on Monday. The two countries, who have been at odds with one another over the five-year conflict and backed opposite sides, have agreed to launch coordinated air strikes against Isis and other [...]
Oil price climbs after US Energy Information Administration data reveals US crude oil inventories down by 14.5 million barrels September 8, 2016 Oil prices picked up this afternoon after data from the US showed crude stocks had tumbled by over 14m barrels last week. Global benchmark Brent crude was up 1.1 per cent to $48.51 and US benchmark rose 1.27 per cent to $46.08. The US Energy Information Administration released (EIA) data today showing that US commercial crude oil inventories [...]
Britain’s Andy Murray crashes out of US Open after shock defeat to world No7 Kei Nishikori September 8, 2016 Britain's Andy Murray suffered a shock defeat to Kei Nishikori of Japan in the US Open quarter-finals as his hopes of winning back-to-back grand slams came to an abrupt end at Flushing Meadows. The gruelling tussle went the distance but second seed Murray eventually succumbed 1-6, 6-4, 4-6, 6-1, 7-5 in a clash which lasted [...]