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Iranian oil shipments to China, a resilient trade that’s survived years of US sanctions to provide a crucial economic lifeline to Tehran, is coming under huge strain from waning demand and an American blockade.
Source
Bloomberg Markets
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Central banks are staring down a pivotal moment for global monetary policy as they grapple with a growing list of risks. Incoming Fed Chair, Kevin Warsh will need to find a way to navigate the central bank’s policy path amidst a combination of higher energy prices and a surprisingly strong US jobs report. Meanwhile in Europe, the ECB and BOE face the prospect of secondary effects due to the war in Iran and a sluggish growth outlook. The Opening Trade spoke to key voices around the challenges fac
Flutter Entertainment Plc announced it plans to delist from the London Stock Exchange about two years after the online betting group shifted its primary listing to New York, as part of a wave of international companies that moved their main trading stateside.
More cheap parcels exported from China are flowing into the UK than rival European economies, undermining British retailers that want the government to accelerate a promised crackdown.
