OPEC chief warns IEA not to undermine oil investment as war of words escalates April 27, 2023 OPEC's war of words with the International Energy Agency entered another heated chapter today amid concerns over oil demand.
Without reform, the UK will sleepwalk into another cost of living crisis February 27, 2024 Decades of complacency got us into the cost of living crisis, and we'll face another one if we don't change our ways, writes Adam Hawksbee.
Downbeat IMF growth projections weigh on London’s top indexes April 19, 2022 London’s top indexes were weighed down today by the world’s economic watchdog downgrading its forecasts for the UK and global economy. The capital’s premier FTSE 100 index closed 0.2 per cent lower at 7,601.28 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, dropped 0.75 [...]
Putin warns ‘retaliatory strikes will be lightning-fast’ if West intervenes in Ukraine April 28, 2022 Russian president Vladimir Putin has warned the Kremlin’s “retaliatory strikes will be lightning-fast” if the United States or a Nato country intervenes in the Ukraine war. In a television address, he responded to President Joe Biden committing to more military aid to Kyiv continuing to ramp up sanctions on Moscow with European allies. This comes [...]
Russian invasion of Ukraine ‘very, very likely and very, very imminent’, says minister February 20, 2022 A Russian invasion of Ukraine is “very, very likely and very, very imminent”, Europe minister James Cleverly has said. Cleverly said today that “at the moment, an attack, an invasion seems far more likely than unlikely but we will continue to work to try and avert that”. Boris Johnson last night said Russia was planning [...]
Putin up tensions: Russian President blames West for supply crisis October 12, 2022 Putin has pointed the finger at the West for Europe's energy crisis, despite a Kremlin-backed supply squeeze.
Zelensky says Ukraine ‘will surely win’ in Orthodox Easter message April 24, 2022 Volodymyr Zelensky has today claimed that “Ukraine will surely win” against its Russian invaders as a part of his message on Orthodox Easter. The Ukrainian President said “the great holiday today gives us great hope and unwavering faith that light will overcome darkness, good will overcome evil, life will overcome death”. Zelensky will welcome US [...]
UK inflation poised to slip out of the double digits to lowest level in over a year May 22, 2023 UK inflation is poised to tumble to its lowest level in over a year in what is expected to begin a steady descent from its multi-decade highs, new figures out this week are likely to reveal. The rate of price increases in April is tipped to have dropped markedly to 8.2 per cent last month, [...]
Defence giant BAE Systems secures £28bn worth of orders so far this year November 15, 2022 BAE Systems, one of the largest defence companies in the UK, has secured £10bn worth of orders in the second half of this year so far. The London-listed defence firm, which builds military-grade jets, submarines and satellites, has kept its guidance in place while many businesses in the UK nudge them lower amid the economic [...]
Qatar set to strike second big LNG supply deal with China June 20, 2023 Qatar is set to secure its second large gas supply deal with a Chinese state-controlled company in less than a year.