The oil market is starting the Biden era with a bang. US oil prices have skyrocketed 69% since November's election based on Thursday's close at $63.50 a barrel. That's easily…
Category: Business
‘It’s a big deal’: why former protester turned Davos mayor wants WEF back
In his youth, Philipp Wilhelm was at the forefront of protests against the World Economic Forum’s annual “extreme capitalism” gathering of the business and political elite in Davos, the Swiss…
Summer holidays cancelled? UK faces big decision on border
Slumped on the sofa after another day of home schooling, many families will have longingly eyed adverts for getaways: sun, sandy beaches and glittering pools, a much-needed reward after a…
Asos emerges as contender in Topshop bidding war following Arcadia breakup
Asos has emerged as a serious contender in the bidding war for Topshop as a narrowing field of bidders vies for control of one of the high street’s best-known fashion…
Betfair apologises after keeping punter £100,000 out of pocket for months
Betfair has apologised to one of its customers after he was left out of pocket for many weeks when an attempted deposit of nearly £100,000 to place bets on the…
Global stocks routed as inflation fears dominate
Global stocks tumbled Friday as a sharp bond selloff encouraged investors to dump riskier assets. Asian markets followed US stocks lower. Japan's Nikkei 225 (N225) tumbled 4%, while Hong Kong's…
How Britain could keep its ‘crown’ in finance and technology after Brexit
The United Kingdom should introduce special visas and overhaul its stock market rules to allow entrepreneurs to keep control of their companies if it wants to remain competitive in financial…