DUBAI (Reuters) – Sanctions have already cost Iran billions of dollars in oil revenue since May when U.S. President Donald Trump pulled out of the nuclear deal, U.S. Special Representative for Iran Brian Hook told reporters on a call on Monday. FILE PHOTO: Gas flares from an oil production platform […]
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The rest of the world’s stock markets have been falling since May…it is time for us to join them? With some help from Monty Python’s Holy Grail, we investigate October brought a shocking turn of events to investors in the U.S. stock market…shocking, that is, if all you watch is […]
LONDON (Reuters) – World stocks slipped and U.S. shares were set to fall on Monday, halting a four-day recovery rally as anxiety surrounding global trade conditions and rising U.S. interest rates dampened risk appetite. European shares managed to reverse losses in choppy trade as investors readied for U.S. congressional midterm […]
NEW YORK (Reuters) – The top echelons of Goldman Sachs Group Inc’s investment bank hosted a dinner over the summer with the representatives of almost 20 private equity firms at Manhattan’s Legacy Records restaurant. FILE PHOTO: David Solomon, CEO of Goldman Sachs, at the Bloomberg Global Business forum in New […]
More landlords will be forced to upgrade the energy efficiency of the coldest homes in England and Wales, under a partial climbdown by the government. Owners of the draughtiest homes – those rated in the worst energy bands, F and G – have been been required since April to upgrade […]
The UK’s services sector grew at its slowest pace for seven months in October as uncertainty over Brexit undermined business activity. Suggesting the UK economy is entering a period of tepid growth following a stronger performance over the warm summer months, IHS Markit and the Chartered Institute of Procurement and […]
In August, Chancellor Philip Hammond forecasted massive economic damage from crashing out of the European Union without a deal, warning of a 87.7 percent hit to GDP and an £80 billion black hole in public finances. The Bank of England has also painted a worrying picture, cutting its GDP forecast […]
Rocketing numbers of store closures have added to the problem with many fearing traditional British high streets are doomed. The crisis is being blamed on a “perfect storm” of soaring business rates, high rents, online shopping and a changing retail culture. A study by the Centre for Retail Research has […]