Moving markets: Five things shaping the FTSE 100 today March 18, 2024 Asian shares climb on strong Chinese data, while oil prices surge amid geopolitical tensions. Vladimir Putin wins 88 per cent of votes in an election devoid of opposition candidates. Major central banks take centre stage this week with pivotal decisions ahead.
BT runs supply chain ‘war game’ signalling growing fears of China-Taiwan conflict April 16, 2023 Telecoms group BT carried out tests on its supply chain in order to prepare for any fallout amid escalating conflict between China and Taiwan in a “war game” that lasted two days last year. The simulation was conducted following the visit of US speaker Nancy Pelosi to Taiwan last year, which China deemed as an [...]
What will this election be about? Security, security, security May 28, 2024 Labour and the Conservatives have already drawn in firm dividing lines over what this election will be about, and it is security that unites both.
Space firms can ‘solve problems that government’s can’t’ amid Ukraine invasion March 21, 2022 Elon Musk’s Starlink satellites have been helping Ukraine’s drone unit push back against Russian forces, as the space industry acts as a core string in Europe bow to diffuse Russia. A specialist air reconnaissance unit within the army, known as Aerorozvidka, has been picking off Russian tanks, command trucks and vehicles carrying electronic equipment since [...]
Grab ’em by the Porsche: EU plans to confiscate and sell Russian oligarchs’ cars, villas and other assets May 25, 2022 The EU’s executive body, the European Commision, is planning to roll out proposals to allow EU countries to confiscate assets belonging to Russian oligarchs, and then to sell them off. Assets that are currently frozen by authorities across EU member states should be sold, rather than merely frozen, two EU officials told the publication Politico. [...]
‘Turning point’ in shift to clean power? Fossil fuel emissions from electricity due to have first EVER annual drop April 12, 2023 The world is on course for the first annual drop in the use of coal, oil and gas to generate electricity outside of a global recession or pandemic.
Kremlin in sudden U-turn as ceasefire seems likely: Russia ‘changing tone’ as isolated Putin drops demands for Ukraine to surrender March 16, 2022 Despite fierce fighting in the last 24 hours, with Russia’s military forces blasting Ukraine’s capital region and other major cities. Russia has softened its stance in the talks over a possible settlement and is rapidly ‘changing tone’, according to people close to the Ukraine-Russia peace talks. In fact, a ceasefire seems increasingly likely. Ihor Zhovkva, [...]
Bank of England to usher in new era of higher interest rates after sending them to near 15-year high today May 11, 2023 The Bank of England will rip up the monetary policy order of the last decade and keep interest rates far above their post-financial crisis rock bottom levels over the coming years, new forecasts out today claim. UK borrowing costs are on course to top four per cent for the whole of this year and next [...]
London breezes past European rivals to retain finance hub crown September 22, 2022 London has breezed past its Continental rivals to retain the title of Europe’s top financial hub, research shared exclusively with City A.M. today shows. The capital’s deep highly-skilled talent pool helped drive it to the top of the European rankings in the 32nd edition of Z/Yen’s global financial centres index (GFCI). The Square Mile has [...]
If Ben Wallace takes the helm of NATO it could be a boost for Global Britain June 12, 2023 If Ben Wallace becomes the head of NATO, he’ll leave a big hole to fill at the Ministry of Defence. But it would be good for the UK’s international standing, writes Eliot Wilson