How a recent float in Qatar became a target in a wider regional dispute : CityAM February 28, 2020 Business is becoming more politicised. Rising nationalism, activism, and international conflicts — most notably between the US and China — have all contributed. This is making standard business transactions far more complex.Take the case of an initial public offering (IPO). It used to be that going public was relatively simple. Now business leaders must deal [...]
Boris Johnson lands in UK as MPs prepare to grill him in parliament September 25, 2019 Boris Johnson’s RAF Voyager plane has touched down in London just over an hour before MPs are set to return to the House of Commons after yesterday’s Supreme Court ruling. Read more: Prime Minister flies into Brexit storm as Supreme Court rules prorogation unlawful The Prime Minister cut short his New York trip to face [...]
Willie Walsh to step down as chief executive of British Airways owner IAG January 9, 2020 Willie Walsh, the outspoken CEO of British Airways’ owner International Airlines Group (IAG), is to step down, in a move likely to elicit a sigh of relief among politicians, union bosses and rival airline chiefs alike. IAG said this morning that Walsh, 58, would quit as chief executive in March, and officially retire on 30 [...]
Trump: China wants a deal ‘very badly’ August 26, 2019 Donald Trump helped stocks rebound today as investors bought into renewed hope of a trade truce between the US and China. At the end of a characteristically unpredictable weekend of mixed messages from the US President, Trump said that he believed China wanted to reach an agreement to end the standoff. Markets were rattled earlier [...]
Huawei Mate 30 Pro: Reviewers slam Google-free phone for lack of apps December 10, 2019 Chinese tech giant Huawei has received a cool response to the launch of its first Google-free phone, the Huawei Mate 30 Pro, in France yesterday. Reviews of the device were far from glowing as critics blasted the lack of Google apps. Read more: Prime Minister casts doubt on Huawei’s involvement in 5G network Huawei had [...]
Oil prices tick up as Opec signals it will keep production down in second half of the year May 20, 2019 Oil prices rose this morning as traders returned to work after Saudi Arabia said Opec still plans to decrease its inventories of crude oil. Saudi energy minister Khalid al-Falih said the oil-producing cartel had discussed rolling over production cuts into the second half of the year. Read more: Exxon decision to evacuate staff from Iraq [...]
The impact of Trump-Iran standoff on markets after the scrapped the Iran nuclear deal and threatened sanctions May 9, 2018 Overnight, US president Donald Trump pulled out of the Iran nuclear deal and said he will reintroduce sanctions on the Middle Eastern nation. How is this going to impact markets? President Trump’s decision to pull out of the Joint Comprehensive Plan of Action (JCPOA), known commonly as the Iran nuclear deal, may have implications for [...]
Don’t run for the hills over alignment – the big question is where and when to diverge January 19, 2020 As we approach the 50-day point in Boris Johnson’s premiership, questions are still being asked about what kind of leader he will be, and how different the country will become under him. Londoners in particular are used to certain amount of showmanship in the Johnson approach to politics. As mayor, he was a high profile [...]
Oil prices fall for second day as US-China trade war bites June 18, 2019 Oil prices have fallen for a second consecutive day as global growth shows signs of being hit by the ongoing US-China trade war. Brent crude prices have fallen 0.74 per cent to $60.49 per barrel, while US West Texas Intermediate (WTI) crude dropped 0.5 per cent to $51.66. Read more: Middle East tensions push up [...]
Donald Trump: Anyone doing business with Iran will not do business with US | City A.M. August 7, 2018 Donald Trump has thrown down the gauntlet, warning that any businesses trading with Iran would not be allowed to trade with the US. Hailing the re-introduction of sanctions against the state, the US President tweeted: “These are the most biting sanctions ever imposed, and in November they ratchet up to yet another level. Anyone doing [...]