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Higher interest rates are unlikely to cause a major systemic risk but anxious investors should be wary of the continued AI-fuelled exuberance in the US…
Poorly defined objectives, an overzealous planning system and a disjointed supply chains are all reasons why the UK lags behind its peers on building major…
Investments into sustainable funds are reducing due to an increase in greenwashing and scepticism towards environment, social and governance focused investing, a new study has…
UK banks have provided bank accounts to holding companies linked to a state-backed Iranian petrochemicals company which has been under western sanctions since 2018, according…
Net profits at Ferrari exceeded €1bn (£853.7m) for the first time in its history in 2023, the Italian supercar maker’s chief executive has announced. In…
A leading London activist investor group is pressuring oil giant BP to ditch renewable energy and maintain its fossil fuel operations for shareholders, reports suggest.…
The catastrophe bond market may sound like some kind of risky punt against the wind, but betting on the weather can prove a sound investment,…
The Asian Energy Impact trust is seeking to restore its London listing after publishing delayed annual and interim results, following months of controversy around the…
A former Cabinet minister has called on the insurance industry to think on its obligations after it was revealed that UK firms have insured over…
The People’s Bank of China (PBoC) kept its loan prime rates unchanged on Monday, despite concerns about a potential downturn in the property sector, a…
Tata Steel has confirmed its intention to cut up to 2,800 job at the Port Talbot steelworks in South Wales, with nearly 90 per cent…
Last week we learnt that 2023 was the world’s hottest year on record. Concerns about the temperature data from both the Met Office and the…
China faced a complex economic landscape as its economy expanded by 5.2% in 2023, while the population saw a decline of 2 million. These contrasting…
There are currently no tankers carrying liquefied natural gas (LNG) left in the Red Sea as shipping firms avoid the region in fear of Houthi…
Getting the world’s richest and most powerful nations to unilaterally agree to a move away from fossil fuels earned the recent COP28 summit in Dubai…
Cryptocurrency markets experienced a rollercoaster ride following a false announcement on the U.S. Securities and Exchange Commission’s (SEC) official social media account, X. The misleading…
The number of container ships transiting through the Red Sea towards the Suez Canal tumbled 90 per cent year-on-year through the first week of January,…
reductions in the coming months. Figures today from energy analysis consultancy Cornwall Insights show that the average costs for 2024 will be £113 per MWh…
Shell’s fourth-quarter results will include impairment charges of up to $4.5 billion, which would be partly offset by a strong gas trading business, the UK-based…
Houthi rebel disruptions reaching the Straits of Hormuz could double oil prices, Goldman Sachs has warned. In an interview given to American television station CNBC…