Oil prices post record jump after attack on Saudi Arabia supplies September 16, 2019 Oil prices rocketed almost 20 per cent to more than $71 a barrel today after the US accused Iran of gutting half of Saudi Arabia’s oil production in a strike on two refineries over the weekend. Brent crude trimmed its record-breaking gains but its price still blew up 10.5 per cent to $66.56. World (WTI) [...]
Lost the plot: City A.M’s pick of the best books of 2020 December 18, 2020 Whether it was a period of furlough, a cancelled trip or endless weekends with no pubs, restaurants, museums or cinemas open: there has definitely been more time for most of us to get stuck into a good book this year. As we turn the last page of 2020, whether you’re looking for a page-turner during [...]
Volvo ends Iran truck operations over US sanctions September 24, 2018 Swedish truck maker AB Volvo has ended operations in Iran because newly imposed US sanctions have stopped the company from getting paid. Volvo has stopped truck assembly in the country, having previously earmarked Iran as its main export hub for the Gulf and North American markets. It comes after US sanctions were reimposed last month [...]
Chinese hackers target senior Tory MP in impersonation campaign July 28, 2020 Chinese agents are believed to be behind a series of cyber attacks on senior Conservative MP Tom Tugendhat, including email personations and hacking attempts. Tugendhat, chair of the Commons Foreign Affairs Select Committee and co-founder of the Sino-sceptic China Research Group, last night said he had been subjected to cyberattacks intended to smear his reputation. [...]
German business morale rises despite coronavirus outbreak February 24, 2020 Morale among Germany’s business leaders rose unexpectedly in February, a survey showed today, as the manufacturing sector improved despite global fears over the coronavirus outbreak. The Ifo Institute’s closely watched business climate index rose to 96.1 from 96 in January, beating predictions of a fall to 95.3. Ifo president Clemens Fuest said that along with [...]
Beirut police fire tear gas as protesters regroup and two ministers quit August 10, 2020 Lebanese police fired tear gas to try to disperse rock-throwing protesters blocking a road near parliament in Beirut on Sunday in a second day of anti-government demonstrations triggered by last week’s devastating explosion. Fire broke out at an entrance to Parliament Square as demonstrators tried to break into a cordoned-off area, TV footage showed. Protesters [...]
China repeats call for Canada to release Huawei CFO Meng Wanzhou January 20, 2020 China called again on Canada today to release detained Huawei finance chief Meng Wanzhou as soon as possible ahead of an extradition hearing. Foreign ministry spokesman Geng Shuang said Canada should correct its “mistake” in arresting the executive, who is the daughter of Huawei chief executive Ren Zhengfei. “The resolve of the Chinese government to [...]
Best of travel: Living La Dolce Vita in Puglia in a Fiat 500 March 10, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Adam Hay-Nicholls’ drive through Puglia in a retro Fiat 500. ••• I’m touring the heel of Italy in a car with no seatbelts and ropes for doors. Puglia is home to the mainland’s best [...]
British Airways suspends flights to and from Iran August 23, 2018 British Airways has confirmed its intention to suspend flights to and from Iran, becoming the latest western firm to cut ties with the country in the face of US sanctions. Saying its London to Tehran service is “currently not commercially viable”, the company’s last outbound flight from Heathrow airport will be on 22 September, and [...]
The week ahead in Westminster: MPs get ready to return January 5, 2020 Parliament is set to resume tomorrow as MPs prepare to scrutinise the government’s withdrawal agreement bill over a three-day period. MPs already voted to approve the bill, by 358 to 234, on its second reading last month and agreed to the three-day timetable set by the government. Read more: Brexit bill: MPs approve EU withdrawal [...]