Huawei founder Ren Zhengfei says US cannot crush his company February 19, 2019 The founder of Huawei said the US cannot “crush” the company, as the country pursues criminal charges against the telecoms giant. Ren Zhengfei told the BBC that the company will shift investment to the UK if the US continues to take action against the firm. Read more: UK security services ‘can manage Huawei 5G risks’ [...]
Boris Johnson set to name new Cabinet after meeting with the Queen July 23, 2019 Boris Johnson will officially become Prime Minister on Wednesday afternoon after meeting the Queen at Buckingham Palace. It was revealed on Tuesday that the former London Mayor beat leadership rival Jeremy Hunt in a poll of Conservative party members to land the top job. Johnson used his victory speech to pledge a Brexit breakthrough and [...]
Restaurant delivery boxes are here to stay: We review 48 of them June 29, 2021 Before the pandemic, most top chefs would have turned their nose up at home delivery services. There’s the lack of control, the logistical nightmare, not to mention the wafer-thin margins. But necessity being the mother of invention has led to dozens of outstanding delivery services, and even with restaurants back open and looking forward to [...]
Countdown to Brexit: What Boris Johnson must do in his first 100 days as Prime Minister July 23, 2019 The political world has thrown up some unexpected events in recent years, but Boris Johnson failing to win the Conservative leadership contest today would surely top the lot. The former foreign secretary has been the favourite to succeed Theresa May even before she announced her resignation, and today the election results showed he won with [...]
US equity outlook – more gains to come? October 22, 2019 The S&P 500 is near record highs, the US economy continues to grow, and the Fed is gently cutting rates in order to help sustain the expansion. Yet sentiment remains fragile at best. Investors are it seems determined to find the ‘next 2008’ at every turn, fretting that a US recession is near and that [...]
Opec agrees to extend oil supply cuts by nine months July 1, 2019 Oil cartel Opec agreed to extend supply cuts by nine months today, in an attempt to maintain the price of oil in face of soaring US production and fears of a global economic slowdown. Opec is meeting today in Vienna and is holding a further meeting tomorrow with Russia and other allies. Opec and its [...]
Huawei CFO hopes to avoid US extradition after Trump’s ‘corrosive’ comments May 9, 2019 Lawyers for Huawei’s chief financial officer have said she will seek a stay of extradition, citing a string of civil rights abuses including comments made by US President Donald Trump about the case. Meng Wanzhou, who is the daughter of Huawei founder Reng Zengfei, was arrested in Vancouver in December on allegations relating to the [...]
Vladmir Putin calls liberalism ‘obsolete’ ahead of G20 summit June 28, 2019 Russian president Vladmir Putin has labelled liberalism as “obsolete” ahead of the latest G20 summit, which gets underway today. The 66-year-old claimed that the dominant ideology throughout western Europe had “outlived its purpose” during a wide-ranging interview with the Financial Times. Read more: US and China agree tentative trade truce ahead of G20 summit “[Liberals] [...]
US President Donald Trump endorses ‘excellent’ Boris Johnson to become Prime Minister June 1, 2019 US President Donald Trump has labelled Tory leadership hopeful Boris Johnson as an “excellent” candidate to become the next Prime Minister. Trump said he had been asked for endorsements from a number of candidates ahead of his visit to the UK, in an interview with The Sun, claiming: “I could help anybody”. Read more: Sajid [...]
China to tariff $75bn of US goods in trade war escalation August 23, 2019 China has announced it will tariff $75bn of US goods in the latest escalation in the long-running trade war with the US. China’s commerce ministry said in a statement it would impose additional tariffs of five and 10 per cent on over 5,000 US goods including agricultural products, crude oil, small aircraft and cars. The [...]