Huawei finance chief Meng Wanzhou faces final stage of extradition hearing March 15, 2021 Huawei chief financial officer Meng Wanzhou will appear in court in Canada today as her long-running US extradition case enters its final stage. Meng was arrested at Vancouver Airport in 2018 on US charges of misleading HSBC over Huawei’s dealings in Iran, causing the bank to violate sanctions against the country. She has since been [...]
Huawei shifts focus to software as US sanctions bite April 12, 2021 Huawei today said it will refocus its efforts on software as part of a strategy overhaul aimed at counteracting the impact of US sanctions. The Chinese tech giant also said it will ramp up production of components for electric vehicles in an effort to “boost business resilience”. The controversial company has been rocked by a [...]
Jeremy Hunt warns Iran of ‘serious consequences’ over seizure of British-flagged oil tanker July 20, 2019 Foreign secretary Jeremy Hunt has warned Iran it will face “serious consequences” if the British-flagged oil tanker seized in the Gulf is not released. Hunt attended an emergency meeting on Friday night as tensions in the area escalate. Read more: Jeremy Hunt says time running out to save Iran nuclear deal Following the meeting a [...]
Oil prices lift as US Navy strikes down Iran drone in latest Gulf incident July 19, 2019 Oil prices spiked almost two per cent today as Middle East tensions ratcheted up after the US Navy struck an Iranian drone with a missile in the Strait of Hormuz. Brent crude oil rose 1.5 per cent to $62.88 while West Texas Intermediate (WTI) crude climbed one per cent to $56 after the attack. Read [...]
City lawyer Neil Gerrard of Dechert denies allegation he was ‘in rape mode’ June 30, 2021 A top City lawyer alleged to have told colleagues that he was going to “screw” his client for millions of pounds in fees has emphatically denied the claim, telling the High Court it was “utterly ridiculous”. Kazakh mining giant Eurasian Natural Resources Corporation (ENRC) is suing its former lawyer Neil Gerrard for allegedly leaking confidential [...]
Drinking around the world: The Scots-Armenian wine alliance April 22, 2021 The Scottish Borders are famous for Sir Walter Scott’s old home Abbotsford House, Jedburgh snails and Hawick Balls boiled sweets, as well as being the birthplace of the “voice of rugby” Bill Maclaren. Somehow, it has also become the hub of Armenian wine appreciation and the UK’s centre of south Caucasus viniculture. “I knew Armenia made [...]
Boris Johnson may face defeat as MPs try to stop trade deals with genocidal regimes March 21, 2021 More Tory MPs have come out to support an amendment to a trade bill that would make it harder for the government to sign trade deals with countries that have committed genocide. Former foreign secretary Jeremy Hunt has now backed the amendment, which would force ministers to justify any trade deal that is signed with [...]
Oil price through the roof following Saudi drone attack March 8, 2021 Oil price have eased back off their mornign high of over $70 a barrel, which followed a drone attack on Saudi Arabian oil facilities over the weekend. Saudi officials said on state television that the ttack hit one of the oil storage yards at the Ras Tanura port in the east of the country, with [...]
20 years on from 9/11: the waxing and waning of the US-UK ‘special relationship’, from Bush to Biden September 11, 2021 Twenty years on from one of the greatest days of infamy to strike the Western world, the attack on the 9th of September 2001, there are myriad points to reflect on, not least the ongoing heartache it has left on our collective psyche. One of those, though, should surely be the impact that this great [...]
20 years on from 9/11: the waxing and waning of the US-UK ‘special relationship’, from Bush to Biden – CityAM : CityAM September 11, 2021 Twenty years on from one of the greatest days of infamy to strike the Western world, the attack on the 9th of September 2001, there are myriad points to reflect on, not least the ongoing heartache it has left on our collective psyche. One of those, though, should surely be the impact that this great [...]