Oil somersaults after disappointing US inflation data August 16, 2016 Crude turned negative before recovering slightly this afternoon, after disappointing US inflation data shattered the brighter sentiment which had helped it to a five-week high earlier in the day. Brent crude, the global benchmark, slipped 0.40 per cent to $48.16 (£37.11) per barrel on London's ICE Futures Exchange, before paring losses to trade at about $48.52. West Texas Intermediate crude on [...]
Oil prices hit one-month high as Opec flirts with freeze August 15, 2016 Crude hit a one-month high today, on rising hopes that some of the world's biggest oil producers will help markets which have been drowning in oversupply for the last two years. Brent crude, the global benchmark, swelled 1.66 per cent to $47.75 per barrel on London's ICE Futures Exchange this afternoon, having hit 47.87 earlier in the day. Its US [...]
These are the new buzzwords Goldman Sachs thinks we should all know August 10, 2016 Ever the helpful sort, Goldman Sachs has launched its latest set of buzzword explainers to help us avoid becoming 2016 trend luddites. The Capitalist will admit to knowing only one of the three new key phrases Goldman has detailed and explained in video form – brace yourselves. The first is, apparently, "OLED". No, not the [...]
Rio 2016: As non-sponsoring brands get more scope to cash in on Olympic fever, official partners may be getting a bum deal August 8, 2016 Rio 2016 may have be tainted by doping scandals, the threat of the Zika virus, and worries of violence, but if you’ve got the money, sponsoring the Olympics seems like a no-brainer. Around 3.6bn people saw at least one minute of London 2012, and Rio’s audience is expected to be even bigger still, providing the 11 [...]
Paralympics does what Olympics wouldn’t and bans all Russian athletes from Rio Games August 7, 2016 International Paralympic Committee (IPC) president Sir Philip Craven has issued Russia with a stinging rebuke and confirmed that none of their athletes will be allowed to compete at this month’s Paralympic Games in Rio. Craven said the IPC had sanctioned the blanket ban on all of the country’s competitors that their Olympic counterparts shied away [...]
Russian athletes to be barred from Rio 2016 Paralympics August 6, 2016 Russian athletes are to be banned from taking part in the Paralympic Games in Rio later this month. The International Paralympic Committee (IPC) has suspended Russian athletes provisionally in response to the report from Professor Richard McLaren that uncovered the extent of doping in Russia, according to the Observer. Read more: The most marketable athletes at the 2016 Olympic and [...]
Rio Games kicks off with stunning ceremony August 6, 2016 Rio 2016 opened with a bang last night as fireworks flew from the Maracana stadium in a ceremony that featured supermodel Gisele Bündchen, former marathon runner Vanderlei de Lima, and Andy Murray leading Britain's athletes into the arena. Brazil shrugged off criticism that it wasn't ready for the games after months of concern about political protests, the Russian [...]
Young Chekhov at National Theatre review: this triple bill of Platonov, Ivanov and The Seagull gives fresh perspective on one of the great dramatists August 5, 2016 Chekhov has a reputation as a miserabilist, due in large part to his recurring themes of suicide and existential dread. But this does a disservice to the comedy that runs through his work – and thank goodness it does, because if his plays were as gloomy as people tend to think, eight hours of them [...]
This is how a country’s Olympic medal haul compares with… the average pay of IT staff August 5, 2016 The Olympic Games will no doubt be watched closely by the world's IT staff. They may have a lot riding on it. At least according to one very original study, which claims to have found "strong correlations" between a nation's Olympics performance and how much their software developers are paid. Salary-benchmarking site Emolument.com's theory is that [...]