Investment company targeting Middle East e-commerce floats on Nex February 10, 2017 A new investment company targeting the Middle East e-commerce sector is listing on the Nex Growth Market today. Dealings of ordinary shares on the company, Indigo Holdings, will start at 8am. Read more: British exporters look to Middle East and Asia to avoid Brexit uncertainty The investment firm has raised more than £800,000 from the [...]
Trump travel bans causes slump in US tourism March 20, 2017 Inward travel and tourism will contribute less than usual to the US economy this year, the World Travel and Tourism Council (WTTC) have said. The WTTC’s Impact Research report for 2017 shows that while the US travel and tourism sector is the worlds biggest, forecasted growth in the country’s travel and tourism industry is likely to [...]
Heated Saudi, Iran tensions cast cloud over oil freeze deal in Doha April 17, 2016 It may be more than 30 degrees in Doha, but it's all about a freeze right now. Officials from Opec, Russia and other major oil producers are holding talks which could result in production being frozen for the next six months. The meeting kicked off around 12.30pm GMT, following a change to the wording of the agreement, [...]
Here’s the US embassy’s final word on Britons with dual nationality travelling to the US January 31, 2017 London's US embassy left a lot of people scratching their heads yesterday when it published a statement asking people sharing dual nationality with countries on Donald Trump's banned list not to travel to the US – despite assurances by Boris Johnson. But four days after the ban on people travelling from Iran, Iraq, Libya, Somalia, Sudan, [...]
Donald Trump has removed Iraq from the list of countries affected by his new travel ban March 6, 2017 Donald Trump has removed Iraq from the list of countries barred from entering the US in a new executive order. The US President signed a new order today in private after his original ban on travellers from certain countries caused mass confusion and protest and was eventually blocked in courts. The new order also clears up uncertainty around [...]
Oil prices fall as investors see Opec production cut possibility slipping away November 29, 2016 Oil markets recorded heavy falls on Tuesday as a long-mooted supply cut by Opec looks increasingly unlikely. The price of West Texas Intermediate (WTI), the North American benchmark, fell as low as $45.63 per barrel at the time of writing – more than 2.8 per cent in the day. Meanwhile Brent crude, the North Sea benchmark, [...]
Here’s how British citizens are affected by Donald Trump’s travel ban January 29, 2017 UPDATE: The Foreign Office has issued a clarification that UK nationals will be exempt from the travel ban. Read more. An executive order by President Donald Trump has provoked waves of protest at US airports, where those travelling from seven majority Muslim countries have been detained or turned back. Signed on Friday, the order has [...]
Saudi Arabia has surrendered control of the global oil market to US shale December 5, 2016 “Ending wars is very simple if you surrender.” – PJ O’Rourke The new Opec deal to cut oil output – the cartel’s first since 2008 – amounts to nothing less than Saudi Arabia’s surrender to the power of American shale. It has come about due to Riyadh’s belated, horrified understanding that it has utterly lost control over [...]
An anti-racism march is being held in London today by Stand Up to Racism to defend EU nationals’ rights and protest Trump’s ban March 18, 2017 Thousands are expected to take part in today’s anti-racism march in the capital to mark UN Anti-Racism Day and campaign for EU workers in the UK and against the “toxic scapegoating of migrants”. Organisers Stand Up to Racism said: “As Theresa May prepares to trigger Article 50 with ‘hard Brexit’ while contributing to the toxic [...]
There’s going to be another protest against Donald Trump in London this weekend February 1, 2017 As corporate resistance to US President Donald Trump's travel ban grows, Londoners are preparing to protest against it for the second time in a week. Trump has banned visitors from seven Middle Eastern countries, and tens of thousands of protestors are expected to protest outside the US embassy in London on Saturday, calling for Theresa [...]