Business

Central bank rate-setters around the world are facing a dramatically altered landscape after oil prices surged past $90 a barrel this week, driven by the Iran conflict and a worsening …

While stock markets fell broadly on Monday in response to the escalating Middle East conflict, shares in major oil companies moved in the opposite direction, rising sharply as investors calculated …

Refusing to be stopped by a Supreme Court ruling, President Trump announced Saturday a 15% tariff on imports from all nations, the highest universal rate of his presidency, and pledged …

Government-backed export support has helped British Steel land an eight-figure contract to supply rail for one of Turkey’s most significant infrastructure projects, the company has announced. The deal with ERG …

India’s December 2025 crude oil import statistics reveal a striking shift in supplier dynamics, with Russian petroleum experiencing a sharp decline while other major sources expanded their market share. Government …

European Union leaders agreed to pursue “Buy European” policies protecting strategic industrial sectors during their competitiveness-focused summit in Belgium. The gathering addressed Europe’s declining position relative to major economic powers …

The Bank of England has kept interest rates at 3.75%, supporting Chancellor Rachel Reeves’s assertion that this year will see the UK “turn the page” on inflation. The decision comes …

Monday’s trading session witnessed significant recovery in precious metals after a historic downturn that had created uncertainty across financial markets. Gold prices bounced back from an 8% plunge to $4,465 …

Chinese automotive giant Chery is setting up its European research and development headquarters in Liverpool, consolidating its European commercial vehicle operations on Merseyside. The state-owned carmaker will centralize research, engineering, …