OPEC+ meeting delay sends oil prices south November 22, 2023 Oil prices dived today following the news that the Organisation of the Petroleum Exporting Countries (OPEC+) has postponed its upcoming meeting.
Exclusive: Top British swimmers back potential return of private equity November 21, 2023 Two leading British swimmers have said the defunct International Swimming League should be resurrected in the future, albeit with some changes. The league was backed initially by Ukrainian businessman Konstantin Grigorishin and saw team franchises based on locations compete across a series with elevated prize money. It was thought to have been the start of [...]
EU begins methane crackdown on oil and gas exporters November 16, 2023 Oil and gas producers across the world will be subject to tighter methane emissions limits from 2030, according to a new European Union agreement. Yesterday, EU member states and the European Parliament agreed to impose “maximum methane intensity values” by 2030 on international producers sending methane into Europe. The declaration states the agreement “will oblige [...]
Olympics to present resolution to UN on global conflict ceasefire November 16, 2023 The Olympic Games will next Tuesday table a symbolic resolution, the Olympic Truce, to the United Nations (UN) in the hope of stopping conflicts around the world during Paris 2024. The Olympics heads to Europe next year, a continent home to a major conflict between Russia and Ukraine and not too far away from the [...]
Bank of England finds no evidence of greedflation among UK firms November 16, 2023 Firms in the UK and the EU have not been using the cover of inflation to gouge their customers, new research from the Bank of England suggests.
Lord David Cameron starts tenure as foreign secretary with a visit to Ukraine November 16, 2023 Lord Cameron was updated on Ukraine’s slow counter-offensive against Russia and held talks on Kyiv’s aspirations to join Nato.
From Rwanda to inflation, Sunak has tied himself to pledges he can’t control November 16, 2023 Cutting both immigration and inflation are two of Sunak’s cornerstone pledges, but the PM is struggling to wrest the former under control even as he amps up the rhetoric, writes Simon Neville
Biden meets Xi and the goal is to get US-China communication back to normal November 15, 2023 Biden, before leaving Washington to make his way west on Tuesday to attend this year’s Apec forum, said his broad goal was to get Washington and Beijing “on a normal course corresponding”.
Inflation drops below five per cent in boost for Bank of England and Sunak November 15, 2023 Although the Bank of England has left interest rates on hold for two consecutive meetings, members of the MPC have been warning that more needs to be done to tackle inflation.
Oil watchdogs raise outlooks amidst Israel-Palestine uncertainty November 14, 2023 Global oil markets are creeping back to confidence as two energy watchdogs cast a positive light on the sector this week.