Will PM Truss tank the Pound?

Britain’s new Prime Minister, Liz Truss, is helping to sink the beleaguered pound even further – and the trajectory is only likely to get worse for the UK currency, warned the CEO

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Risk aversion sweeps across Europe

By Craig Erlam European stock markets are plunging at the start of the week following a day of mixed trade in Asia, with Gazprom’s supply-cut announcement on Friday weighing heavily on the

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Gorbachev, a pioneering history man

The last Soviet leader, Michael Gorbachev, passed away on Tuesday at a Moscow hospital after being treated for a long and serious illness, according to his doctors. UN Secretary-General Antonio Guterres called

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A welcome US jobs report

By Craig Erlam Investors appeared relatively pleased with Friday’s U.S. jobs report, despite some initial choppy trade following the release. The headline non-farm payrolls figure was a little larger than expected at

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Greece gifts Cyprus presidential jet

President Nicos Anastasiades warmly thanked Greece for donating a presidential jet during a handover ceremony held at Elefsina Air Base, outside Athens. President Anastasiades said that the aircraft donation is a generous

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All eyes on U.S. jobs report

By Craig Erlam Stock markets in Europe opened positively on Friday after what has been an otherwise rotten week, while Asia was fairly mixed ahead of the US jobs report. It will

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COVID19: EMA green-lights Omicron adapted booster jabs

The European Medicines Agency (EMA) has recommended using two COVID-19 vaccines adapted against the Omicron variant by Pfizer/BioNTech and Moderna. The so-called Comirnaty Original/Omicron BA.1 (from Pfizer/BioNTech) and Spikevax Bivalent Original/Omicron BA.1

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