Germany: EU’s largest economy faces ‘big deterioration’ – and risks slipping back into recession September 16, 2023 It was not long ago that Germany was driving growth in the bloc. Now it is being labelled the ‘sick man of Europe’. Where did it all go wrong?
UK to respond with “swift and robust action” to any Chinese aggression March 13, 2023 Russia’s invasion of Ukraine and Chinese posturing over Taiwan risk creating a world “defined by danger, disorder and division”, Prime Minister Rishi Sunak has warned today. Britain is committed to “swift and robust action” to counter any threat to UK national interests from China, according to an updated blueprint for the UK’s foreign and defence [...]
Explainer: Sunak has a difficult balance to strike on China March 13, 2023 Rishi Sunak was in the United States today to unveil his new AUKUS submarine deal with US President Joe Biden and Australian PM Anthony Albanese. The deal aims to increase defence capabilities in the Indo-Pacific and by its own nature, amp up its defence against China. But the AUKUS alliance isn’t the one China is [...]
Brits set for painful hikes to energy bills despite more support, warn analysts November 19, 2022 Household energy bills will continue to rise next year from record levels this winter, warns specialist group Cornwall Insight.
Industry must avoid return to ‘Wild West’ with ultra-cheap deals, warns energy boss June 27, 2023 Telecom Plus - which trades as Utility Warehouse - has announced record revenues and profits for its bundled household services arm.
Oil markets to open high as supply concerns escalate despite OPEC+ boost June 5, 2022 Oil prices will begin trading next week just below the $120 milestone, with expectations of rebounding demand putting pressure on tight supplies.
Russian oligarch seeks to block fraud lawsuit over sanctions December 14, 2022 A high-profile Russian oligarch is seeking to block an $850m (£685m) fraud lawsuit over claims the Russian banks suing him could use proceeds from the case to “fund the war in Ukraine”. Lawyers acting on behalf of Russian banker Boris Mints called for the High Court lawsuit to be put on hold in arguing any [...]
Watch LIVE: Russian President Vladimir Putin address his nervous nation with no victory in Ukraine in sight May 9, 2022 Russian President Vladimir Putin has addressed his nation in Moscow as millions of Russians are desperate to hear what the leader’s next move will be in Ukraine. While the president speaks, Russian forces have pushed forward in their assault on Ukraine, seeking to capture the crucial southern port city of Mariupol as Moscow prepared to [...]
Black Wednesday: Russian Army close to capturing entire Donbas region while Kremlin sends hundreds of bodies to Kyiv June 8, 2022 The Kremlin claims this morning the Russian Army has taken control of 97 per cent of one of the two provinces that make up the Donbas region, as it is drawing closer to its goal of fully capturing Ukraine’s eastern industrial heartland. It also appears that Russia now occupies roughly half of Donetsk province, according [...]
Gold prices propped up by bullish demand in Asia despite hawkish Fed October 17, 2022 Gold prices are trapped in a narrow pricing corridor, with robust demand in Asia preventing a tumble in prices.