Iran has been blamed for the cyber attack on Parliament over the summer October 14, 2017 Iran carried out a cyber attack on parliament this summer, according to reports. MPs including Theresa May and other cabinet officials were hit by the June attack, which affected around 9,000 email accounts. In total, around 90 were compromised. The Times first reported the “sustained and determined” attack was traced to Tehran, citing a secret [...]
Brent crude and West Texas Intermediate (WTI) oil prices hit their highest since mid-2015 as anti-government protests continue in Iran January 2, 2018 Oil prices rose to their highest level since mid-2015 today as large anti-government protests continued in Iran. Brent crude prices were up 0.22 per cent at $67.02 per barrel this morning after hitting $67.27 earlier in the day, a high not seen since May 2015. The US benchmark, West Texas Intermediate (WTI), was up 0.35 [...]
Oil prices fall as Gulf of Mexico rigs survive tropical storm September 5, 2018 Oil prices have fallen after production resumed on platforms in the Gulf of Mexico as a predicted hurricane avoided the area. Prices had jumped yesterday as a number of oil platforms in the Gulf of Mexico were evacuated in preparation for a forecasted hurricane, with Brent Crude oil reaching close to $80 per barrel – its [...]
Oil producers must ‘take steps’ to cool surging prices, IEA boss warns October 4, 2018 The world's major oil producers must “take the right steps” to cool the market amid a continued surge in crude prices, the International Energy Agency boss has warned. The IEA's executive director, Fatih Birol, said: “It is now high time for all the players, especially those key producers and oil exporters, to consider the situation [...]
Trump backs Saudi Arabia regardless of whether Crown Prince was aware of Khashoggi murder plot November 21, 2018 President Donald Trump has said the US would remain a "steadfast partner" of Saudi Arabia whether or not its leader was aware of the assassination plot of journalist Jamal Khashoggi. Repeating claims from Saudi representatives that the Washington Post journalist was an “enemy of the state”, Trump said the US would stand with the country regardless of whether [...]
US restricts Chinese chip maker from buying American parts October 30, 2018 The US is to curb American firms from exporting goods to a state-supported Chinese chip maker over national security concerns, in a move that is likely to exacerbate the brewing trade war tensions between Beijing and Washington, D.C. In a statement this morning the US Commerce Department said Chinese company Fujian Jinhua would not be [...]
Oil prices continue slide as Trump warns Saudi Arabia against production cut November 13, 2018 Oil prices have continued to tumble after US President Donald Trump warned Opec against cutting production. The oil cartel has also cut its world oil demand growth for 2019 due to uncertainties around global economic development. Brent crude continued its slide below $70 per barrel trading at $68.81 this afternoon, almost two per cent down [...]
Volvo shares slump after warning some vehicle engines may exceed emissions limits October 16, 2018 Volvo shares have slumped after the company warned some of its vehicle engines could be exceeding emissions limits due to a faulty component. The Swedish truck maker said the overall cost of the problem “could be material”. It said an emissions control component was degrading more quickly than expected reducing its ability to convert nitrogen [...]
US Election: Biden’s (almost certain) win: How it happened November 6, 2020 Live updates on the US Presidential Election 2020 as Donald Trump and Joe Biden go head to head. Rolling coverage as Americans vote.
Volatile day for stocks after Huawei executive’s arrest sparks trade fears December 6, 2018 US stocks closed down today despite fierce fightback in the final hours of trading as the arrest of a top Chinese executive sparked a volatile day of trading. The Dow Jones fell more than 500 points at one point after the arrest of Meng Wanzhou, chief financial officer of telecoms giant Huawei, reignited fears about [...]