Mike Mackenzie’s daily analysis of what’s moving global markets
Day: December 7, 2018
Bill Ackman’s fund builds $900m stake in Starbucks
Shares move higher after Pershing Square discloses position in coffee chain
Nikki Haley’s demise paves the way for unbridled ‘America First’
Defence secretary Mattis is all that remains of the axis-of-adults under Trump
Google follows rivals into smart speaker market
Home Hub comes without a camera but features a screen
Nikki Haley resigns as US ambassador to UN
Surprise departure marks latest high-profile exit from Trump administration
Avoiding a repeat is the big lesson of the financial crisis
Latest IMF data highlights the lasting damage done by the 2008 collapse
UK army investigates after Tommy Robinson poses with soldiers
The army is investigating after the far-right activist Tommy Robinson posted a photograph of himself surrounded by what appeared to be soldiers or cadets. The former English Defence League (EDL) leader, 35, shared a picture of himself posing with a group of grinning young men in camouflage uniform. He also posted a video of himself…
Senior Tories launch concerted attack on May’s Brexit plan
Theresa May’s Brexit stance has come under concerted attack from within her party, with senior Tories lining up to warn against making fresh concessions to Brussels as negotiations reach their final, frantic stage. Ministers have been told to expect extensive discussions of Brexit at next week’s cabinet meeting; and with some preferring a looser, Canada-style…
Khashoggi case: CCTV disappears from Saudi consulate in Turkey
Security camera footage was removed from the Saudi consulate in Istanbul and Turkish staff were abruptly told to take a holiday on the day the dissident journalist Jamal Khashoggi disappeared while inside the building, Turkish authorities have claimed. A week after Khashoggi vanished in the heart of Turkey’s biggest city, details of the investigation into…
Shell boss says mass reforestation needed to limit temperature rises to 1.5C
The boss of Shell has said a huge tree-planting project the size of the Amazon rainforest would be needed to meet a tougher global warming target, as he argued more renewable energy alone would not be enough. Ben van Beurden said it would be a major challenge to limit temperature rises to 1.5C (equivalent to…