Monday's global financial markets witnessed extraordinary movements as precious metals achieved historic price levels while analysts emphasized Trump's history of randomly imposed tariffs. Silver led the precious metal rally with a spectacular surge to $94.08 per ounce—an all-time record—before settling at $93.15 with a robust 3.6% gain. Gold advanced 1.6% to reach $4,671 per ounce after touching an unprecedented high of $4,689.
Market observers note...
BP is strategically clearing the path for incoming CEO Meg O’Neill, announcing a $5 billion writedown on green energy assets just months before she takes the helm. This "kitchen sinking" of bad news is designed to ensure that O’Neill inherits a balance sheet free from the drag of overvalued transition businesses.
The writedown targets the gas and low-carbon divisions, reflecting the company’s pivot away from...
The UK government is considering an unprecedented move to overrule the Supreme Court regarding a potential £44 billion car loan commission scandal. Chancellor Rachel...
The UK economy unexpectedly shrank for the second consecutive month in May, further intensifying pressure on the Bank of England to implement more aggressive...
Five years after the "race for space" sparked by COVID-19 lockdowns, the UK country house market is experiencing a significant correction, with falling prices...
The FTSE 100 is flirting with the 9,000-point milestone after closing at a new record of 8,975. Market sentiment remains strong, with investors betting...
The announcement of 50% tariffs on copper imports by President Trump has created unprecedented market conditions, with U.S. copper futures hitting record highs while...
President Trump escalated trade tensions Monday by threatening additional 10% tariffs on BRICS nations that criticized his unilateral trade measures. The threat came after...
The European Union's massive €1.6tn transatlantic trade volume hangs in the balance as President Trump's July 9th deadline for potential tariffs approaches, with only...
Spanish banking giant Santander is set to significantly enhance its position in the UK market, with its proposed £2.65 billion acquisition of TSB poised...
