Investors forecast returns of 10.7% – millennials expect more July 10, 2019 Investors expect total annual returns of 10.7 per cent over the next five years, according to a major new global study. Regionally, returns expectations were highest in the Americas, at 12.4 per cent. In Asia, investors expect 11.5 per cent and the figure was lowest in Europe at 9.0 per cent. The returns include growth [...]
How the US shale revolution changed the face of geopolitics July 8, 2019 In theory, we all know that major technical revolutions change and fundamentally disrupt the face of the world we live in. In practice, analysts of all stripes are too often glacially slow to realise this process when it is at work, let alone what it means. These events (such as the advent of the mass-produced [...]
Corporate reputation is too valuable to leave to chance July 4, 2019 Corporate reputation is a ubiquitous phrase today. Companies spend enormous sums trying to burnish their reputations. An army of corporate governance experts, politicians, regulators and, dare I say, journalists queue up to judge those efforts – and often find them wanting. Shakespeare, as you might expect, has the best lines on the subject. “I have [...]
Woodford sells shrimp shares on the stock floor July 2, 2019 Neil Woodford has slashed his fund’s stake in Benchmark Holdings, a genetics firm that develops disease-resistant shrimp, offloading £23m of shares as his asset selling spree continues. The stockpicker’s company, Woodford Investment Management, cut its stake in Benchmark from 12.5 per cent to under 2 per cent in a transaction last Friday. Read more: Neil [...]
Opec agrees to extend oil supply cuts by nine months July 1, 2019 Oil cartel Opec agreed to extend supply cuts by nine months today, in an attempt to maintain the price of oil in face of soaring US production and fears of a global economic slowdown. Opec is meeting today in Vienna and is holding a further meeting tomorrow with Russia and other allies. Opec and its [...]
Theresa May tells Vladmir Putin there can be no repeat of Salisbury attack in face-to-face meeting June 28, 2019 Theresa May has told Russian President Vladmir Putin that there can be no repeat of the “truly despicable act that led to the death of British citizen, Dawn Sturgess”. During a meeting that lasted one hour and 20 minutes, May condemned the Salisbury attack, which she said the UK had “irrefutable evidence that Russia was [...]
Trump jokes to Putin at G20: ‘Don’t meddle in the election, please’ June 28, 2019 Donald Trump has playfully warned Vladmir Putin not to “meddle” in the 2020 US election, smiling and waving his finger at the Russian president. The US president met face to face with Putin today as the G20 summit in Osaka gets underway. Read more: Putin says liberalism has “become obsolete” and praises “talented” Trump He [...]
Vladmir Putin calls liberalism ‘obsolete’ ahead of G20 summit June 28, 2019 Russian president Vladmir Putin has labelled liberalism as “obsolete” ahead of the latest G20 summit, which gets underway today. The 66-year-old claimed that the dominant ideology throughout western Europe had “outlived its purpose” during a wide-ranging interview with the Financial Times. Read more: US and China agree tentative trade truce ahead of G20 summit “[Liberals] [...]
Should 160,000 Tories choose our next Prime Minister? Yes, actually June 28, 2019 Discussing the Tory leadership election on Sky News earlier this week, host Adam Boulton asked me why the party members seemed so relaxed about Boris Johnson’s controversial private life. “Isn’t this the party of family values?” Boulton asked. It’s a fair point. Three quarters of the party’s 160,000 members believe that “young people today don’t [...]
Robert Mueller to testify before House over Trump links with Russia June 26, 2019 US special counsel Robert Mueller has agreed to testify before two House of Representatives committees next month over Russian interference in the 2016 Donald Trump election campaign. Chairman of the judiciary panel representative Jerrold Nadler and representative Adam Schiff, head of the intelligence panel, said that Mueller had agreed to testify following the issuing of [...]