FTSE 100 close: BP propels London index higher after posting record £23bn profit February 7, 2023 London’s FTSE 100 was boosted by investors piling into oil giant BP , which announced its highest ever full year profits of £23bn last year. The capital’s premier index jumped 0.36 per cent to close at 7,864.72 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK [...]
Earthquake in Turkey and Syria: UK sends 76-strong team as death toll passes 4,000 and hunt for survivors continues February 7, 2023 The death toll surged past 4,000 as rescuers in Turkey and Syria worked overnight to find more survivors of the 7.8 magnitude earthquake that hit the region early on Monday. Survivors cried out for help from within mountains of debris as first responders contended with rain and snow. Seismic activity continued to rattle the region, [...]
BP: Profits double to £23bn as soaring oil and gas prices continue to boost its bottom line February 7, 2023 BP is the latest energy giant to unveil record profits, reporting full-year earnings of £23bn, cashing in on soaring oil and gas prices.
Green energy: Subsidies need planning reform to stop firms being lured by US billions – Wartsila boss February 6, 2023 Subsidies for green energy will only lead to a ramp up of renewables if they are matched with planning reforms, warned Wartsila.
Hundreds dead in Turkey and Syria following powerful 7.8 magnitude earthquake February 6, 2023 The death toll in Turkey and Syria has reached 360 people after a powerful 7.8 magnitude earthquake toppled buildings and triggered a frantic search for survivors in the rubble in cities and towns across the region. On both sides of the border, residents jolted out of sleep by the pre-dawn quake rushed outside on a [...]
Oil set for second week of losses as investors await Chinese rebound in demand February 3, 2023 Oil is on course for a second straight week of losses, with investors hoping for clearer signs of fuel demand recovering in China.
Roman Ryder Cup could be battleground for future of golf February 2, 2023 Next Thursday sees the 2023 edition of golf’s unironically-sponsored Waste Management Phoenix Open, where last year exuberant beer tossers halted play when celebrating a hole in one. Ever since, it’s the golfers not spectators who’ve been bringing the sport into disrepute. Tantrums and flung tee pegs, meltdowns about Twitter birthday snubs and playground name-calling have [...]
Johnson piles pressure on Sunak: No.10 insists ex-PM ‘acting in own capacity’ with plea to give Ukraine UK fighter jets February 1, 2023 Boris Johnson has piled pressure on Western leaders to supply fighter jets to Ukraine, setting up a clash with Rishi Sunak. The UK said it is not practical to provide sophisticated planes used by the RAF, such as Typhoons and F-35s, and US President Joe Biden has ruled out sending F-16 fighters. Downing Street stressed [...]
Ukraine: Putin preparing major offensive in eastern region of Luhansk to mark anniversary of Russia’s war, officials say February 1, 2023 Russia is mustering its military might in the Luhansk region of Ukraine, local officials said, in what Kyiv suspects is preparation for an offensive in the eastern area as the first anniversary of Moscow’s invasion approaches. The Kremlin’s forces are expelling local residents from their homes near the Russian-held parts of the front line so [...]
Even in the middle of the war, we need to plan how to rebuild – and fund – Ukraine February 1, 2023 Western countries must come up with a Marshall Plan 2.0 to rebuild Ukraine when this bloody war ends, writes Paul Ormerod