Business

Oil Hits 14-Month High as Strait of Hormuz Faces Unprecedented Blockade

Global oil markets were thrown into disarray on Monday as the Strait of Hormuz — one of the world's most critical shipping lanes —...

Trump Raises Tariffs Again: The 15% Shock That Rattled the World Economy

The global economy absorbed yet another jolt when President Trump announced a new 15% blanket tariff on all imports into the United States, hours...

British Steel Wins Multi-Million Turkish Rail Order Bringing Jobs Back to North Lincolnshire

North Lincolnshire has received some rare good economic news, with British Steel announcing a multi-million pound contract to supply rail for a high-speed railway...

Russian Oil Loses Ground as India Diversifies Energy Portfolio with American Crude

The dynamics of India's crude oil import market experienced a dramatic reconfiguration in 2025, with Russian petroleum losing its dominant position. Government data reveals...

Bank of England Maintains 3.75% Interest Rate Despite Budget Measures Supporting Future Cuts

In a closely watched decision, the Bank of England has kept its benchmark interest rate steady at 3.75%, though policymakers have strongly hinted that...

Silver and Gold Markets Bounce Back After Historic Crash Sparked by Central Bank News

Monday witnessed extraordinary swings in precious metals trading as gold and silver fought to recover from one of their steepest declines in recent memory....

Liverpool Wins Major Investment as Chery Chooses Merseyside for European Operations Center

Merseyside is set to become the European nerve center for Chinese carmaker Chery, as the company announces plans to establish a comprehensive research and...

EasyJet Chief Warns EU Cabin Baggage Plan Will Trigger Flight Chaos and Price Hikes

Budget airline EasyJet has strongly opposed new European Union proposals that would give passengers the automatic right to free additional carry-on luggage, calling the...

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Czech Firm Introduces Innovative Alzheimer’s Solution Amid Cochrane Review Scrutiny

The recent Cochrane review has cast doubt on the effectiveness of amyloid-targeting drugs for Alzheimer’s disease, suggesting they do...

Tech-Driven Talks Lead to U.S.-Brokered Ceasefire Between Russia and Ukraine

In a significant diplomatic development, Russia and Ukraine have agreed to a three-day ceasefire and a prisoner exchange, following...

 Iran Sharpens Its Argument to Gulf States as Diplomatic Pressure Intensifies

Iranian President Masoud Pezeshkian has sharpened Iran's argument to Gulf states as diplomatic pressure across the region intensifies, issuing...

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Wall Street Warns of Credit Crunch After Trump Proposes 10% Rate Limit

A fierce battle is brewing between the White House...

Debate Grows in Germany Over Storing Gold in US Vaults

A fresh debate has emerged in Germany over whether...

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Record Gold and Silver Highs Emerge as Trump’s Greenland Tariff Plan Rattles Markets

Precious metals markets witnessed historic moments on Monday as...