Biden hits out at Big Oil’s record profits as White House fails to tame inflation June 12, 2022 US President Joe Biden called on ExxonMobil to drill for more oil and pay higher taxes in a stunning broadside on the US oil industry.
‘War crime’: NATO to up troop numbers as shopping mall blaze branded ‘one of most brazen terror attacks in European history’ June 28, 2022 NATO is set to increase troop numbers by up to 300,000, as Russia’s missile strike on a Ukrainian shopping mall has been branded “one of the most brazen terrorist attacks in European history” by Ukraine’s president. Vlodymyr Zelensky condemned the “calculated hit” against a shopping centre with 1,000 people inside, in the city of Kremenchuk [...]
UK will host the Eurovision Song Contest 2023 July 25, 2022 UK will host the Eurovision Song Contest next year as the war in Ukraine lingers on. The news was first announced on Twitter, with the lookout for next year’s Host City beginning this week. The United Kingdom had a remarkable showing at the song contest, coming in second place and narrowly missing out on the [...]
Oil prices continue resurgence amid escalating supply shortage fears April 13, 2022 Both major benchmarks extended gains today, with Russia revealing peace talks with Ukraine had reached a dead end.
Made.com boss: Shoppers holding back on homeware purchases amid pressure on budgets April 19, 2022 The boss of online furniture retailer Made has said shoppers have “held back” with purchases lately amid dramatic increases in the cost of living. Speaking to the PA news agency, chair Susanne Given said customers were more hesitant than usual due to rising inflation and war in Ukraine. She added: “The customer has definitely held [...]
Direct Line is now on price comparison sites – what does this signify? July 11, 2024 Direct Line was one of the last big insurers to resist the lure of price comparison websites. Until now.
Deals down: Second quarter mergers and acquisitions slumps back to pre-pandemic levels September 6, 2022 The number of deals through mergers and acquisitions in the UK plunged in the second quarter of the year as market volatility sparked by war in Ukraine spooked dealmakers. There were 333 deals completed between April and June this year, a drop of 116 compared to the previous quarter and 167 fewer than the same [...]
UK house prices hit average of £294,845 in largest growth spurt since 2004 July 7, 2022 House prices leaped in June in the largest increase of monthly growth since 2004, hitting an average of £294,845 after months of declining growth. Climbing ever-closer to the £300,000 mark, house prices jumped 1.8 per cent in June, after climbing one per cent in May, when the average cost of a home was £289,099, according [...]
Stubborn inflation in UK might finally be set to give way July 7, 2023 It's all about the workforce and yes, Brexit.
Warren Buffett turns record profit – despite lashings of global headwinds February 25, 2023 Warren Buffett’s Berkshire Hathaway Inc on Saturday reported its highest-ever annual operating profit, even as foreign currency losses and lower gains from investments caused fourth-quarter profit to fall. Buffett called 2022 a “good year” for Berkshire in his annual shareholder letter after the conglomerate’s dozens of businesses generated $30.8 billion of profit despite rising inflation and [...]