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1 week ago | 
londonlovesbusiness.com | Hani Abuagla |Sarah Dunsby |Letitia Randell |Robert Lane
Crude oil experienced a sharp decline, dropping by more than 5% at the peak of the sell-off, pushing prices to their lowest levels in over four years. West Texas Intermediate (WTI) crude fell to $55 per barrel before paring some of its losses and attempting to reclaim the $57 mark. The downward pressure on oil prices followed the announcement by the Organization of the Petroleum Exporting Countries (OPEC) that it would raise oil production by 441,000 barrels per day in June.
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1 week ago | 
londonlovesbusiness.com | Hani Abuagla
The Chinese yuan held steady after Friday’s notable appreciation against the U.S. dollar, supported by growing optimism surrounding U.S.-China trade relations. Beijing’s consideration of a U.S. offer to engage in tariff discussions has helped ease market concerns, lifting sentiment across Asian currencies. As a result, the offshore yuan briefly rose past the 7.20 level, its strongest since November.
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4 weeks ago | 
londonlovesbusiness.com | Hani Abuagla |Sarah Dunsby |Letitia Randell |Robert Lane
Bitcoin is rising slightly for the second day, remaining stuck below $85,000. Alternative cryptocurrencies, such as Ethereum and Solana, are also rising today, both more than 2%, at their peak. Bitcoin and cryptocurrency gains are emerging amid visually signs of a possible de-escalation in the trade conflict between the United States and other countries, with negotiations with Japan beginning.
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4 weeks ago | 
londonlovesbusiness.com | Hani Abuagla |James Green |Sarah Dunsby |Letitia Randell
The Serious Fraud Office has accused a UK insurance company of failing to prevent international bribery in relation to state officials allegedly paid off in Ecuador. If it makes it to trial, it will be the first time that a “failure to prevent” case will be heard by a jury, the SFO said. The offence was introduced in 2010 to stop companies and executives from standing by when bribery was taking place.
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4 weeks ago | 
londonlovesbusiness.com | Hani Abuagla |James Green |Sarah Dunsby |Letitia Randell
The price of gold has climbed to its highest level ever recorded in sterling, appreciating 23% in just six months while also reaching another all-time high in USD. In tandem, UK bullion supplier Solomon Global reports gold sales up 93% in March 2025 versus March 2024, with revenue from bullion climbing 84% in the first quarter of 2025 compared to the same period in 2024.
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4 weeks ago | 
londonlovesbusiness.com | James Green |Joe Nellis |Hani Abuagla |Sarah Dunsby
The Japanese yen experienced a near-term pullback as traders reacted to the latest economic data on trade. March export data showed a sixth consecutive month of growth, but the pace slowed from February and undershot market expectations. Heightened trade tensions, particularly the threat of sweeping U.S. tariffs on Japanese goods, continue to weigh on sentiment.
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2 months ago | 
londonlovesbusiness.com | Mark Channer |Sarah Dunsby |Sara Pineros |Hani Abuagla
A Russian MP has said that there can only be peace in Ukraine by the “Kyiv regime” being “eliminated.” Sergey Mironov said the problem of Ukraine will not be solved without the “complete elimination” of the Kiev regime and the “nationalist paramilitary groups.” Mironov said that he has doubts that the US President or his administration will be able to achieve what Moscow is demanding.
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2 months ago | 
londonlovesbusiness.com | Mark Channer |Sarah Dunsby |Sara Pineros |Hani Abuagla
The Mexican peso has started the week with a slight appreciation against the U.S. dollar, in a context marked by rising trade tensions and signs of economic slowdown in the United States. This strengthening of the Mexican currency comes as the dollar shows signs of weakness due to economic uncertainty in the North American country. Financial markets have reacted cautiously to the latest statements by Donald Trump, leading to movements in major global currencies.
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2 months ago | 
londonlovesbusiness.com | Mark Channer |Sarah Dunsby |Sara Pineros |Hani Abuagla
The US President is to turn the thumb screws on President Volodymyr Zelensky to force him to quit as the Ukrainian leader. The German publication Bild reported citing their own sources on Monday that Donald Trump is considering pausing all military aid to Ukraine until President Zelensky steps down.
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2 months ago | 
londonlovesbusiness.com | Mark Channer |Sarah Dunsby |Sara Pineros |Hani Abuagla
The cousin of the US Vice President JD Vance who fought with an elite Ukrainian unit for almost three years condemned the “ambush” with took place on 28 February with President Donald Trump aiming their fury at President Volodymyr Zelensky. Nate Vance has said he believes that the US Vice President is being used as a tool by the Kremlin, he told the French publication Le Figaro.
