Iranian seizure of tanker ‘constitutes illegal interference’, UK tells UN July 21, 2019 The UK has told UN authorities that Iran’s seizure of a British-flagged tanker “constitutes illegal interference”, as the diplomatic crisis in the Strait of Hormuz worsens. In a letter to the United Nations Security Council, Britain’s UN mission wrote this weekend that the Stena Impero “was exercising the lawful right of transit passage in an [...]
FTSE 100 plunges 3.4 per cent as Italy confirms seventh coronavirus death February 24, 2020 The FTSE 100 plunged more than three per cent on Monday as a rapid uptick in coronavirus cases outside China rattled investors and devastated European stocks. London’s blue-chip index fell as much as 3.7 per cent to 7,119 points today, as Italy confirmed a seventh person has died from the coronavirus. The FTSE 250 index [...]
What is the coronavirus and how dangerous is it? March 2, 2020 Since it emerged in China at the turn of the New Year, a deadly new strain of coronavirus has spread across the world and claimed hundreds of lives. The number of coronavirus cases globally is nearing 90,000, with fears of a possible pandemic. Read more: 14 Diamond Princess passengers evacuated to US test positive for [...]
Saudi Arabia restores oil production after drone attack September 25, 2019 Saudi Arabia has restored much of its oil production less than two weeks after a drone attack struck refineries in the kingdom. State oil company Saudi Aramco has restarted production of 11.3m barrels of oil a day, sources briefed on the issue told Reuters. Read more: How could the oil attacks in Saudi Arabia affect [...]
Lebanon’s greatest tragedy is its political class August 10, 2020 Following this past terrible Tuesday, it is easy to think about what happened in Beirut as a horrible act of God, of impersonal fate intervening to devastate this already crumbling country. But instead it is rage at Lebanon’s corrupt and incompetent political class that ought to be the dominant emotion. Following Tuesday’s gargantuan explosion — [...]
Health officials hunting source of first coronavirus case spread within UK February 29, 2020 A man from Surrey has become the first person in the UK to be infected with coronavirus without leaving the country. Health officials are trying to discover how the man caught the virus despite not having been abroad recently, which is how the other 19 UK cases occurred. Medical officers are attempting to trace people [...]
Huawei sues Verizon over patent theft claims February 6, 2020 Huawei has announced it is launching legal action against telecoms giant Verizon, signalling the latest salvo in an ongoing dispute between the US and China. In a lawsuit filed in Texas, the Shenzhen-based tech giant accused Verizon of using its technology in areas such as computer networking, download security and video communications. Huawei is also [...]
US hits Huawei with fresh charges over alleged trade secret theft February 13, 2020 The US has ramped up its attack on Huawei, filing a raft of new charges against the embattled Chinese tech giant on allegations of stealing trade secrets. In a 16-count indictment published today, the Justice Department accused Huawei of stealing technology from six unnamed American companies. The fresh accusations come alongside raft of other charges [...]
Coronavirus: Four new cases among ship evacuees in the UK February 23, 2020 Four UK nationals who were on board the Diamond Princess cruise ship in Japan and evacuated to Britain have tested positive for coronavirus. The Department of Health said the latest cases bring the total number of confirmed cases in the UK to 13. A repatriation flight carrying 32 Britons and Europeans from the cruise ship [...]
Standard Chartered reportedly facing $1.5bn Iran sanctions fine October 1, 2018 Standard Chartered is reportedly facing a fine of as much as $1.5bn (£1.15bn) from the US Department of Justice (DoJ) for violating sanctions on Iran. The British bank could face the penalty by the end of the year, although final discussions have not yet begun, Bloomberg reported. The investigation into Standard Chartered’s activities is focused [...]