Alicia Garcia Herrero, chief economist for Asia Pacific at Natixis CIB, said while 1970s oil shocks sent prices sky high, they only cut global supply by 5-7%. In contrast, the current crisis affects 20% of the world’s supplies, “dwarfing the 1970s shock”, she said.
Some of the UK’s biggest investment fund managers, including Aberdeen Standard, Aviva Investors, BMO Global, charity fund manager CCLA,...
UK drivers have stolen almost £200,000 of fuel from petrol stations on average every day since the Iran war...
“Following the Euro 2020 related boost in June, retail sales fell in July to their lowest level since shops...
But prosecutors have accused him of using FTX customer funds to prop up his crypto-focused hedge fund, Alameda Research,...
Mr McLintock said AB Foods – which, as well as running Primark, also owns food brands such as Twinings,...
Being a wedding guest can be expensive – there’s travel, accommodation, you might even treat yourself to a new...
Image copyright Getty Images Mitchells & Butlers, the pubs and restaurants group, has begun redundancy consultations with a number...
Over the decades steel workers like Chris have seen a fair amount of upheaval at the Rotherham plant, and...
