Global financial markets settle into ‘yo-yo pattern’ after Monday’s meltdown August 8, 2024 Financial markets remain jittery after a massive sell-off on Monday as analysts identify a "yo-yo pattern" of volatility across the world.
Hit The Road review: A triumph and ode to the refugee crisis July 29, 2022 This film is surely one of the funniest of the year so far, but it also comes with a very sad backdrop. Hit The Road is directed by Panah Panahi, son of the Iranian director Jafar Panahi, who was sentenced to six months in prison recently for criticising his nation’s government. The fact of his [...]
Fuel surpasses last week’s record prices, reaching unprecedented 149p per litre February 21, 2022 Fuel prices have surpassed those of last week – which saw forecourts charge motorists 148p per litre – and reached record highs. According to RAC data, yesterday petrol prices reached 149.12p per litre while diesel was at 152.58p, meaning that it costs respectively £82 and £84 to fill a vehicle. “While the price of oil [...]
Public finances in view after Hunt’s £55bn of spending cuts and tax hikes November 20, 2022 Traders will be keen to examine fresh public finances figures out this week to get a sense of the UK’s debt pile that pushed chancellor Jeremy Hunt into £55bn of spending cuts and tax hikes last week. London’s premier FTSE 100 index registered a solid performance last week, adding 0.92 per cent to close at [...]
Israeli security cabinet declares country at war after Hamas attack October 8, 2023 Israeli Prime Minister Benjamin Netanyahu’s office says his security cabinet has declared the country at war following a deadly Hamas assault in southern Israel. The decision, announced on Sunday, formally authorises “the taking of significant military steps,” it said in a statement.
Dubai ends 30 per cent tax on alcohol sales January 1, 2023 Dubai has ended its 30 per cent tax on alcohol sales in the sheikhdom and made its required liquor licences free to obtain, ending a long-standing source of revenue for its ruling family to apparently further boost its tourism to the emirate. The sudden New Year’s Day announcement, made by Dubai’s two state-linked alcohol retailers, [...]
Foreign Office ‘urgently investigating’ hijacking in the Gulf of Oman August 3, 2021 The Foreign Office is “urgently investigating” a potential hijacking off the coast of the UAE, a spokesperson said this evening. Earlier today the UK’s maritime trade authority issued a warning over the incident, which took place near Fujairah in the Gulf of Oman. Later it upgraded the incident to a “potential hijacking” and warned other [...]
FTSE 100 today: London markets poised to follow global uptrend January 23, 2024 Asian stocks mirror Wall Street's rally; Nikkei surges on BOJ's dovish tone, while China lags behind. All eyes on Netflix, Johnson & Johnson, and Procter & Gamble earnings, shaping a day of market anticipation.
FTSE 100 today: London markets likely to open in red following weak global cues January 18, 2024 Global stocks fall, China shares hits 5-year low, greenback nears one-month peak, and oil prices rise; focus shifts to Christine Lagarde's speech and U.S. economic data.
Oil prices rebound heading into next week’s trading with China to ease pandemic restrictions May 15, 2022 Oil prices are up heading into next week, with China set to ease some of its pandemic restrictions while the EU weighs up a Russian oil ban.