Lex in depth: why the luxury market needs to hedge against China A shift in spending habits in Asia and a crackdown on wealth by Beijing threaten a profit squeeze for high-end brands Financial Times · May 8, 2022
Crossrail to finally open; German exports to Russia plunge; climate protests at Barclays AGM – as it happened London’s Elizabeth line finally launching, while German exports to Russia fell nearly two-thirds in March and climate activists have disrupted two bank AGMs The Guardian - UK · May 4, 2022
IMF head warns rising food and fuel prices strain family budgets ‘to breaking point’ – as it happened IMF managing director Kristalina Georgieva says ‘double crisis’ from Ukraine war and Covid is ‘a massive setback for the global recovery,’ as the fund says it’s open to emergency financing for nations facing food insecurity The Guardian - UK · Apr 20, 2022
Britain could fall into recession this summer, say experts Inflation will limit UK consumers’ spending power, with energy costs a particular problem The Guardian - UK · Apr 18, 2022
Will China’s zero-Covid policy bring the world’s factory grinding to a halt? Huawei executive warns of ‘massive losses’ in tech sector as tensions rise over strict lockdowns The Guardian - UK · Apr 15, 2022
MAFS Recap: I Need Both Xanax & Cyanide After Watching The Chaotic Reunion Dinner Unfold "Tamara's a snake, full stop." Pedestrian.tv · Apr 3, 2022
Oil Prices Dive as US Weighs Record Reserves Release Oil prices plunged more than $5 a barrel on Thursday on news the United States was considering the release of up to 180 million barrels from its strategic petroleum reserve, the largest in the near 50-year history of the SPR. Brent futures for May fell $5.47, or 4.8%, to $107.98… Asharq Al-Awsat · Mar 31, 2022
Oil prices dive as Biden weighs massive reserves release SINGAPORE: Oil prices dived more than $5 a barrel on Thursday as the United States is considering the release of up to 180 million barrels from its strategic petroleum reserve (SPR) over several months to calm soaring crude prices. Bangkok Post · Mar 31, 2022
China tries to limit economic blow of Shanghai shutdown China's leaders are trying to fine-tune their “zero tolerance” COVID strategy to rein in job losses and other costs to the world’s second-largest economy The Independent UK · Mar 30, 2022
Sir Chris Hohn urges shareholders to vote against ‘greenwashing’ bank directors Call comes as thinktank says the world’s 30 largest financial institutions are undermining their net zero targets The Guardian - UK · Mar 25, 2022
Cost of living crisis hitting economic outlook as firms hike prices – as it happened Rolling coverage of the latest economic and financial news The Guardian - UK · Mar 24, 2022
ING Groep Becomes Biggest Bank To Phase Down Funding Of New Oil & Gas Projects: Reuters ING Groep NV's (NYSE: ING) energy chief said that the bank will no longer finance new oil and gas projects, becoming the biggest bank yet to commit to such a step in the fight against climate change. Benzinga · Mar 23, 2022
Chinese virus cases climb, raise threat of trade disruption Anti-virus controls have forced auto and electronics makers to shut factories in China and are raising risks of wider disruptions if the curbs spread to Chinese ports that are among the world’s busiest The Independent UK · Mar 15, 2022
War in Ukraine disrupts key supply chains - and lives It can be hard to measure the ways that Russia’s war in Ukraine has disrupted the global supply of parts and raw materials needed to manufacture products ranging from cars to computer chips The Independent UK · Mar 15, 2022
AAP · Mar 11, 2022 Online groceries save time, money: survey A national survey commissioned by ING bank has found savvy shoppers are trading traditional grocery isles for online convenience.
Benzinga · Mar 10, 2022 Trading Wheat Futures In 2022 - What You Need To Know Fears of the impact of Russia-Ukraine war on global inflation and recession have escalated in recent weeks and another major issue looming over the horizon are concerns that the conflict could result in a hunger crisis as both countries account for over a quarter of the world’s wheat exports.
The Guardian - UK · Mar 8, 2022 Oil rallies as US and UK announce bans on Russian oil imports – business live Rolling coverage of the latest economic and financial news
The Independent UK · Mar 2, 2022 Bank seen reining in rate hikes amid Ukraine conflict despite inflation fears ING experts said there had been a ‘massive’ re-pricing of UK interest rates by financial markets due to Russia’s invasion of Ukraine.
Benzinga · Mar 1, 2022 Stocks That Hit 52-Week Lows On Tuesday During Tuesday's trading, 98 companies set new 52-week lows.
The Guardian - UK · Feb 28, 2022 Russian central bank hikes rates and closes stock market as rouble crashes; oil and gas soar – as it happened Commodities including wheat and aluminium surge and European stocks slide as markets respond to wider sanctions on Russia
ABC News · Feb 27, 2022 Andrew Forrest pulls back on Russian investments, while BP will dump Rosneft stake and Norway divests Russia is being dealt more financial blows, with Australian billionaire Andrew Forrest pulling back on hydrogen investments there, while oil giant BP and Norway's sovereign wealth fund are also divesting from the country.
The Guardian - UK · Feb 23, 2022 Bank of England chief urges banks to show restraint on bonuses; global stocks recover – as it happened Bank of England’s Bailey says sanctions pose no risk to UK’s financial sector, as foreign secretary talks about Britain’s plans to stop Russia selling sovereign debt in London
Wales Online · Feb 16, 2022 Sky is hiking its broadband charges by £43 a year It comes as official figures today show the cost of living rose to another 30-year-high
The Guardian - UK · Feb 15, 2022 UK pay growth lags behind inflation; company insolvencies rise – as it happened Rolling coverage of the latest economic and financial news
The Guardian - UK · Feb 9, 2022 Cost of living crisis hits household confidence; UK trade with Germany falls; FTSE 100 at two-year high – as it happened Rolling coverage of the latest economic and financial news