The Trump administration has officially announced a 30-day sanctions waiver for Russian oil currently stranded at sea to combat a dramatic spike in global energy costs. Treasury Secretary Scott Bessent …
Business
Elon Musk’s Tesla has officially received the green light from Ofgem to operate as an electricity supplier across Great Britain. This new electricity supply licence allows the tech giant to …
President Donald Trump has revealed plans for a monumental $300 billion oil refinery at the Port of Brownsville, Texas. This ambitious project, spearheaded by America First Refining, marks the first …
Global energy markets experienced a massive sigh of relief as crude prices plummeted following optimistic comments from Donald Trump regarding the conflict involving Iran. The international benchmark, Brent crude, which …
Liverpool has been selected as the location for Chinese carmaker Chery’s European research and development headquarters, bringing European commercial vehicle operations to Merseyside. The state-owned manufacturer will house research, engineering, …
EasyJet’s chief executive has emphasized that European Union baggage regulations risk creating numerous unintended market distortions with unpredictable consequences. The proposed regulations would mandate free cabin baggage across European aviation. …
Trump Demands South Korea Face 25% Tariffs for Legislative Foot-Dragging on Trade Pact
In a move that surprised diplomatic observers, Donald Trump has threatened to impose 25% tariffs on South Korean exports, citing Seoul’s failure to secure legislative approval for a trade agreement …
The era of generous bank holiday bonuses and paid rest periods is ending for thousands of BP staff. In an exclusive revelation, it has emerged that the oil and gas …
Gail’s Bakery is evolving into a retail powerhouse, with its physical stores now driving the bulk of its growth. While the company is known for supplying supermarkets like Waitrose, Ocado, …
SoftBank has sold its $5.8 billion stake in Nvidia to finance its growing investment in OpenAI, marking a major reorientation in its AI strategy. The move underscores a global trend …