OPEC+ looking at output cuts approaching two million barrels
Pakar PBN OPEC+ oil producers on Thursday agreed to voluntary output cuts approaching two million barrels per day (bpd) for early next year led by Saudi Arabia rolling over its current voluntary…
November 2023
Media secretary to intervene in the Telegraph sale
Culture and media secretary Lucy Frazer has announced she is intervening in the sale of the Telegraph Media Group (TMG) as the Barclay family attempt to buy back their papers…
COP28 hosts back proposed additional Saudi oil cuts
Saudi Arabia could cut oil production further thanks to the first stage of the OPEC+ group’s meeting this morning, supported by the UAE. The nation has won provisional backing for…
Alistair Darling dies aged 70: Heartfelt tributes paid to last Labour Chancellor
Former Labour Chancellor Alistair Darling has died aged 70, his family have confirmed. The veteran politician led the Treasury under Prime Minister Gordon Brown from 2007 to 2010, and stood…
Metro Bank to cut 20 per cent of staff after £925m rescue
Metro Bank said today its turnaround plan would require a great deal more cost surgery than previously anticipated. The troubled lender, which has seen its share price fall more than…
‘The era of grassroots music is over’: Five more London venues could close before Christmas
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Farfetch: The story so far as rumours swirl and shares crash
When Farfetch arrived on the shopping scene back in 2008 it dazzled shoppers with its ability to allow them to buy Chanel bags from the comfort of their own home.…
British haulage businesses going bust ‘at a rate unheard of’
British haulage businesses going insolvent has jumped over the last two years as the fallout of the UK economy has pushed business to go bust. Over the last 12 months,…
Ronaldo hit with $1bn class action over Binance partnership
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What is COP28 and why does it matter? – CityAM
What do King Charles, Greta Thunberg, Larry Fink, Rishi Sunak, Leonardo DiCaprio and Bill Gates all have in common? As of Friday, December 30, the monarch, prime minister, businessmen, film…