FTSE 100 today: London markets brace for quiet session ahead of US inflation data, Q1 earnings April 9, 2024 US stocks closed mixed, while Asian markets climbed. Oil prices rose, and most Asian currencies weakened against the dollar. Precious metals surged. Investors are now focusing on upcoming US inflation data and Federal Reserve minutes following a strong March jobs report.
Near-miss: Iran plane skids onto major road after pilot misses runway January 27, 2020 Iran narrowly avoided its second major aviation tragedy in less than a month this morning, after a passenger jet ended up belly-down in the middle of a major highway after a botched landing. Nearly all of the 136 passengers on board escaped unscathed – with two on board suffering leg injuries. The incident happened in [...]
Iran’s ambassador to UK summoned by Foreign Office following arrest of British ambassador January 13, 2020 Iran’s ambassador to the UK has been summoned by the Foreign Office in response to the “unacceptable” arrest of the British ambassador to Iran in Tehran this weekend. Robert Macaire was detained for a short time on Saturday night after attending a vigil for those who died when Iranian forces mistakenly shot down a passenger [...]
Canada bans Chinese telecom giants Huawei and ZTE calling it the ‘right decision’ in the 5G world May 20, 2022 Canada is set to ban two of China's biggest telecoms equipment makers, Huawei and ZTE, from working on its 5G phone networks, following the lead of the UK and US.
Oil prices dip below $100 per barrel as Ukraine-Russia draw up neutrality plan March 16, 2022 Brent Crude prices plunged below $100 again today amid reports Russia and Ukraine have made progress on a 15-point peace plan.
Saturday Special: The biggest money laundering scandals in banking August 20, 2022 Financial watchdog the FCA warned challenger banks earlier this year to stop cutting corners in combating financial crime so that customers can set up accounts quickly and easily. Sarah Pritchard, who heads the market division of the City regulator, said in May that there cannot be a “trade-off” between getting customers to come into the [...]
Airlines divert flights around Iran and Iraq after missile attacks and Boeing crash January 8, 2020 A host of airlines have said they will divert flight routes over the Middle East after Iran launched missile attacks on US air bases in Iraq last night. The announcements come after a Boeing jet also crashed over the Iranian capital overnight, killing 176 people. Airlines including Qantas, Etihad, Singapore and Emirates said they will [...]
New UK sanctions: Russian aviation and space industry blocked from insurance market March 3, 2022 The UK government has imposed fresh sanctions targeting Russia’s aviation and space industry, meaning that businesses cannot access the UK insurance sector. The measures, hauled in in response to Russia’s invasion of Ukraine, will “severely limit” access to the global insurance and reinsurance market, the UK government announced today. The European Union (EU) is expected [...]
Israel’s parliament removes Benjamin Netanyahu from power as historic 12-year rule ends June 13, 2021 Israel’s parliament has narrowly voted in favour of a new coalition government, ending Prime Minister Benjamin Netanyahu’s historic 12-year rule. Naftali Bennett, the head of a small ultranationalist party, was sworn in as prime minister after a narrow 60-59 vote in parliament. But if he wants to keep the job, he will have to maintain [...]
Nazanin Zaghari-Ratcliffe to face new trial after being freed from house arrest March 7, 2021 British-Iranian woman Nazanin Zaghari-Ratcliffe has been released from house arrest by Iranian authorities, however she will face a new court case on Sunday. The British national had her ankle tag removed today, after being released from prison into house arrest last March. Zaghari-Ratcliffe, a charity worker, was sentenced to a five-year prison sentence in 2016 [...]