Near-tragedy in Monaco as Princess Maria Carolina crashes motorbike

Good Morning Monaco

Saturday, May 31, 2025

Near-tragedy in Monaco as Princess Maria Carolina crashes motorbike Princess Maria Carolina de Bourbon des Deux-Siciles is recovering in hospital after a terrifying motorbike accident in Monaco that left her unconscious and in intensive care…

SBM celebrates record financial year with strong growth across sectors The Société des Bains de Mer (SBM) has reported excellent results for the 2024–2025 financial year, marking the best performance in its...

https://allaboutshipping.co.uk/2025/05/31/near-tragedy-in-monaco-as-princess-maria-carolina-crashes-motorbike/

ECONOMY & MARKETS : Trade Wars: Risks for the Global, Peripheral and Greek Economy (29.05.2025)

ECONOMY & MARKETS

The Eurobank Research Bulletin

Trade Wars: Risks for the Global, Peripheral and Greek Economy

The Economic Analysis and Research Unit of Eurobank published today a study entitled “Trade Wars: Risks for the Global, Peripheral and Greek Economy”, to which all of the Unit’s analysts contributed. Tariff increases have the potential to incur a deceleration of global trade, investment and growth, although possible losses are not equally divided among countries and areas; effects on...

https://allaboutshipping.co.uk/2025/05/29/economy-markets-trade-wars-risks-for-the-global-peripheral-and-greek-economy-29-05-2025/

Market Report: Legal challenge to Trump tariffs and tech earnings lift investors’ spirits

Derren Nathan
  • US court slams brakes on tariffs
  • Global markets react positively
  • Brent crude prices rise
  • Investors weigh up concerns from the latest Fed minutes. NVIDIA shares up 3.9% in after-market following strong Q1
  • Salesforce inches up guidance after Q1 beat
  • Tesla shares gain, as the Robotaxi launch approaches and Musk confirms DOGE departure

Derren Nathan, head of equity research, Hargreaves Lansdown:

“The Footsie looks set for a strong start after the US Court of International Trade ruled...

https://allaboutshipping.co.uk/2025/05/29/market-report-legal-challenge-to-trump-tariffs-and-tech-earnings-lift-investors-spirits/

Market report: Footsie hangs onto gains but Wall Street fizz set to turn flat.

Susannah Streeter
  • FTSE 100 hangs onto gains with military contractors making progress in early trade.
  • Marks and Spencer shares rise as its grocery sales remain resilient despite cyber attack.
  • B&Q owner Kingfisher sees strong start to the year in the UK and Ireland.
  • Nvidia and Salesforce results are out later, with the effect of trade turmoil set to be revealed.
  • UK gilt yields dip back slightly, after IMF urges UK to stick to stable spending plans and upgrades growth prospects slightly.
  • Crude...

https://allaboutshipping.co.uk/2025/05/28/market-report-footsie-hangs-onto-gains-but-wall-street-fizz-set-to-turn-flat/

Market report: Positive trade vibes sends FTSE 100 towards record highs

Susannah Streeter
  • FTSE 100 opens higher, heading towards February’s record levels.
  • Investors’ hopes have been raised for more fruitful negotiations between the US and its trading partners.
  • Brent Crude prices steady at just under $65 a barrel, amid trade talks and looming OPEC meeting.
  • Higher food price inflaion is back in the trolley, and discounting eases off for non-food ranges.

Susannah Streeter, head of money and markets, Hargreaves Lansdown:

‘’A mood of cautious relief is spreading after...

https://allaboutshipping.co.uk/2025/05/27/market-report-positive-trade-vibes-sends-ftse-100-towards-record-highs/

Feeling powerless about money can feed a doomed vicious circle

  • Thinking there’s nothing you can do to change your financial situation is closely correlated to having a lower household income (£29,265) and less money left at the end of the month – just £65 on average.
  • Those who feel powerless to change things have around a third of the levels of cash savings as those who don’t – and only half of them have enough savings to be financially resilient.
  • They’re also less likely to be on track with pensions (26%) or home ownership (20%).
  • Feeling powerless can...

https://allaboutshipping.co.uk/2025/05/27/feeling-powerless-about-money-can-feed-a-doomed-vicious-circle/

Penningtons Manches Cooper appoints new partner in Singapore

Zhi Chao Chor

Zhi Chao Chor, a dual qualified leading banking and finance lawyer, has joined the Singapore office of Penningtons Manches Cooper, strengthening its offering in commodities and trade finance.

Zhi Chao joins the firm from Wong Partnership and, prior to that, he was a partner at Rajah & Tann. He has built a strong reputation across the region for his work in sustainability-linked finance, leveraged finance, Islamic finance, and real estate finance. 

Zhi Chao’s significant achievements...

https://allaboutshipping.co.uk/2025/05/26/penningtons-manches-cooper-appoints-new-partner-in-singapore/

Market update: chill winds whistle through stocks after Trump’s latest tariff threats

Susannah Streeter
  • The CAC 40 in Paris falls 3% and the DAX in Frankfurt falls 2.5% as Trump threatens the EU with 50% tariffs.
  • Luxury goods companies and car markers are among the biggest fallers in afternoon trade.
  • The FTSE 100 reverses morning gains to trade lower amid concerns about impact globally.
  • Apple’s shares fall in pre-market trading as President Trump vows to impose 25% tariffs on iPhone not made in the USA.

Susannah Streeter, head of money and markets, Hargreaves Lansdown:

‘’Trump...

https://allaboutshipping.co.uk/2025/05/23/market-update-chill-winds-whistle-through-stocks-after-trumps-latest-tariff-threats/

Market Report: FTSE heads for fifth consecutive week of gains

  • Sunshine helps April retail sales growth of 1.2% smash expectations
  • Consumer confidence stages fragile recovery
  • Trump’s “big beautiful” tax bill weighs on bond yields
  • But late pull back in US coupons boosts Asian stocks
  • Brent crude down to $64 as traders brace for supply wave

Derren Nathan, head of equity research, Hargreaves Lansdown:

“The Footsie has that Friday feeling and looks set to end the week in an upbeat fashion, rising nearly 30 points at the open after some profit-taking yesterday....

https://allaboutshipping.co.uk/2025/05/23/market-report-ftse-heads-for-fifth-consecutive-week-of-gains/

Market report: US debt fears cause ripples of worry

Susannah Streeter
  • FTSE 100 trades lower as US fiscal fears unsettle investors.
  • Weaker demand for an auction of US debt adds to nerves, as the massive tax bill goes through Congress.
  • Bitcoin hangs around fresh record levels as hopes for greater regulation collide with dollar weakness.
  • UK Chancellor Rachel Reeves in a tight spot as public sector borrowing for April exceeds forecasts.
  • Brent Crude falls to below $65 a barrel amid expectations of lower demand and higher supplies.
  • British Land shares...

https://allaboutshipping.co.uk/2025/05/22/market-report-us-debt-fears-cause-ripples-of-worry/