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Ships burn in Gulf of Oman

US-Iran tensions rise as oil surges on tanker attacks

Iranian TV footage of burning oil tanker
Iranian TV footage of burning oil tanker   Oil prices surged on Thursday after attacks on two oil tankers in the Gulf of Oman prompted new tensions between the USRead More

Zero tariff agreement

UK signs post-Brexit free trade deal with South Korea

Liam Fox
The UK has signed a crucial free trading deal with South Korea – Asia’s fourth largest economy – that will be seen as a huge boost to morale in theRead More

President says Brexit 'will happen'

Trump pulls back on NHS being part of trade talks

Trump and May
Donald Trump and Theresa May at a media conference   US President Donald Trump today promised to work with Britain on a new trade deal but created a new furoreRead More

Deal with Sumitomo Mitsui

Aberdeen Standard Investments in Asia real estate JV

Aberdeen Standard Investments and Sumitomo Mitsui Trust Bank have announced a joint venture that will invest in residential real estate in Japan and other mature markets across Asia Pacific.  TheRead More

Significant move by US bank

Goldman Sachs skips Big Four to hire Mazars for audit

Audit (Mazars)
US bank Goldman Sachs has appointed Mazars to audit its London-based European operations in a significant break from a Big Four accounting firm. The switch will be seen as aRead More

As Uber goes ahead with IPO

Trump’s tariffs come into effect as trade talks stumble

Donald Trump
Donald Trump’s tariff hike on Chinese goods came into effect at midnight after trade talks failed to reach agreement. US Customs and Border Protection raised duty on $200 billion ofRead More

Expansion for asset manager

Frankfurt provides gateway to Europe for Baillie Gifford

Frankfurt
Frankfurt: first office   Baillie Gifford, the Edinburgh-based investment management partnership, has opened its first client office in mainland Europe as it embarks on expansion across the continent. David Gaschik,Read More

Billionaire suffers in bombing attack

Highlands landowner loses children in Sri Lanka blasts

Aldourie Castle
Aldourie Castle: owned by Danish billionaire   One of Scotland’s biggest landowners has lost three of his four children in the bombings in Sri Lanka which have claimed the livesRead More

Devastating fire in Paris

Billionaires pledge support to help rebuild Notre Dame

Notre Dame on fire
The sight of the cathedral on fire sent shockwaves around the world French billionaires Bernard Arnault and Francois-Henri Pinault today made substantial pledges of support towards the reconstruction on Notre-DameRead More

US Masters

Nike enjoys $22.5m pay day from Woods’ comeback

Tiger Wood celebrates
The moment of victory: Tiger Woods celebrates a remarkable comeback   Tiger Woods completed a fairy tale comeback by securing his fifth green jacket in a thrilling final round atRead More