Russia puts London-exiled Putin opponent and tycoon Khodorkovsky on wanted list January 9, 2024 Russia’s Ministry of Internal Affairs has put exiled Russian tycoon and opposition leader Mikhail Khodorkovsky on its wanted list, accusing him of spreading false information about the Russian army, Russian state news agency Tass said. The charge carries a sentence of up to five years in prison, Tass said. A criminal case was opened against [...]
UK aims to break Russia’s stranglehold on nuclear fuel market with £300m uranium programme January 9, 2024 Hinkley Point C is one of the government's flagship nuclear reactor programmes
Oil slumps as Saudi Arabia cuts pricing across the board January 8, 2024 The price of oil fell four per cent today as one of the world’s largest-producing countries forecast price cuts across its suite of oil for the coming weeks. U.S benchmark WTI Crude had fallen 4 per cent as of 4pm GMT, while Brent Crude and Murban Crude logged slides of 3. per cent and 4.1 [...]
Plus500 share price rises after trading surge helps firm end 2023 on a high note January 8, 2024 Across the year as whole, the fintech announced around $350m in shareholder returns, split between dividends and share buybacks.
Harbour Energy’s $11.2bn acquisition will transform the North Sea player January 8, 2024 Panic buying the week before Christmas is a familiar practice the world over. Presents, booze, holidays; the phenomenon is a manifestation of ‘fear of missing out’ culture and one that incurs massive spending. News of London-listed Harbour Energy’s blockbuster $11.2bn buy of Wintershall Dea’s oil and gas assets closed at 3pm GMT on 21st December. [...]
European inflation up after months of decline casting doubt on ECB interest rate cuts January 5, 2024 Inflation plaguing Europe increased to 2.9 per cent in December, after seven straight monthly declines, figures show. The rise in price levels cast doubt on predictions for swift interest rate cuts from the European Central Bank (ECB). The figure released on Friday was up from the 2.4 per cent annual inflation recorded in November – [...]
London start-ups and tech firms battered by dramatic fall in venture capital January 5, 2024 UK venture capital funding cratered by almost half last year as rising interest rates and an economic downturn hammered start-ups and tech firms, new data has revealed.
Relief for drivers as UK petrol prices fall by 6p per litre in December January 5, 2024 The average price of petrol in the UK fell by 6p per litre in December in a relief for consumers after a year of trouble at the pumps.
Investing in distressed assets is only getting more complex, so is it worth the trouble? January 5, 2024 Recent geopolitical instability has added even more complexity to the world of distressed asset investment, writes Simon James.
Ed Warner: Gaza and Ukraine conflicts send Paris Olympics threat levels to maximum January 4, 2024 The IOC's members should speak out against its backdoor appeasement of Putin, writes Ed Warner.