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British fintech Revolut gets full banking licence

silverguide.site – Group lodged application in 2021 but had to overcome accounting issues and reputational concerns…
British fintech Revolut gets full banking licence

Will releasing millions of barrels of oil stockpiles really bring down fuel costs?

silverguide.site – Despite rare act of multilateralism, there is no guarantee the IEA’s release of 400m barrels from reserves will depress prices…
Will releasing millions of barrels of oil stockpiles really bring down fuel costs?

Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one | Greg Jericho

silverguide.site – The rumours of action on the capital gains tax discount and negative gearing are louder than before any budget this century. But is the PM up to the task?…
Labor must stop juicing house prices and make buying a home the Australian dream – not negatively gearing one | Greg Jericho

Porsche to cut more jobs after costly reversal of electric car strategy

silverguide.site – German carmaker has struggled with rising competition in China, a key market for European luxury brands…
Porsche to cut more jobs after costly reversal of electric car strategy

CMA to investigate heating oil suppliers over ‘blatant profiteering’ from Iran war

silverguide.site – Competition watchdog says it will look into ‘concerning reports’ to see if they breach consumer protection laws …
CMA to investigate heating oil suppliers over ‘blatant profiteering’ from Iran war

Richard Orna obituary

silverguide.site – Other lives: IT manager at the energy solutions company Callisto…
Richard Orna obituary

US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in

silverguide.site – Effect of war on prices not reflected in data, as Trump says only ‘fools’ would think oil price shocks would be significant…
US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in

IEA orders largest ever release of stockpiled oil to reduce crude price

silverguide.site – Members agree unanimously to release about 400m barrels amid market volatility caused by Iran war …
IEA orders largest ever release of stockpiled oil to reduce crude price

World’s energy watchdog orders emergency release of 400m barrels of oil to curb prices – as it happened

silverguide.site – IEA’s oil release is largest in its history; UK government considering support schemes for households and businesses hit by surge in energy prices…
World’s energy watchdog orders emergency release of 400m barrels of oil to curb prices – as it happened

Time for UK regulators to act against Saba Capital’s siege tactics | Nils Pratley

silverguide.site – The FCA should bring in new rules to protect investment trusts from overaggressive activist investors trying to take control…
Time for UK regulators to act against Saba Capital’s siege tactics | Nils Pratley

Middle East crisis could push UK inflation back up to 3%, warns OBR

silverguide.site – Government economic watchdog believes pressure on energy prices could push rate close to 3% by end of 2026…
Middle East crisis could push UK inflation back up to 3%, warns OBR

Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

silverguide.site – Saudi Arabian state oil firm calls crisis by far the biggest but company can reroute 70% of exports via its east-west pipeline…
Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon

Trump’s re-election may have helped Albanese – but the US war in Iran is creating economic conundrums

silverguide.site – Resurgent inflation, already a factor before the Middle East conflict, now risks intensifying, creating a problem for prime minister …
Trump’s re-election may have helped Albanese – but the US war in Iran is creating economic conundrums

Cathay Pacific offers £20,000 Sydney to London flight amid disruption in Gulf

silverguide.site – Hong Kong-based airline has business-class return listed at A$39,577, as travellers look for route avoiding Middle East…
Cathay Pacific offers £20,000 Sydney to London flight amid disruption in Gulf

VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

silverguide.site – Car group reports 54% drop in pre-tax profits as it says Iran war could affect demand for Audi and Porsche brands…
VW to cut 50,000 jobs amid Trump tariffs and falling Chinese sales

Pipeline of new drugs to fight superbugs is ‘worryingly thin’, experts warn

silverguide.site – UK’s GSK is leading the way in research but AstraZeneca is not involved in the area, report finds…
Pipeline of new drugs to fight superbugs is ‘worryingly thin’, experts warn

Scrapping North Sea windfall tax would not reduce UK energy bills, say experts

silverguide.site – Rachel Reeves said to be considering levy cuts for oil and gas firms, but economists say this would just fatten profits…
Scrapping North Sea windfall tax would not reduce UK energy bills, say experts

‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies as demand surges, experts say

silverguide.site – Government and motoring groups say there is no shortage of fuel supplies but stockpiling has left country service stations running dry, as Iran war sparks oil price fears…
‘Vicious cycle’: panic buying is biggest risk to Australia’s petrol supplies as demand surges, experts say

Crispin Odey was described as ‘sex pest’ by head of his hedge fund, court hears

silverguide.site – Multimillionaire begins case against FCA ban over handling of investigation into sexual misconduct claims…
Crispin Odey was described as ‘sex pest’ by head of his hedge fund, court hears

Qantas hikes international airfares citing volatile oil prices from war in Middle East

silverguide.site – Airline reports spike in ticket sales for flights to Europe in March, as passengers with carriers affected by flight chaos rebook…
Qantas hikes international airfares citing volatile oil prices from war in Middle East
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