Oil prices rise after Iran seizes oil tanker
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
The incident raises prospects of growing conflict in the Middle East, which could impact UK fuel prices.
Looking to salvage the deal before completely giving it the axe, Michaela tried to bargain with Netflix to at least retain five percent of her rights — eventually asking for as little as two percent. There was just silence on the phone. And she said, “It’s not how we do things here. Nobody does that,…
Shares in JD Sports have plummeted by more than 20% after the sportswear seller issued an profit warning. The company said its profits would be about £125m lower than previously predicted after a worse-than-expected festive trading period. It blamed more promotions and price discounting than anticipated, which it said reflected “more cautious consumer spending”. It…
Almost exactly one year ago, NuScale Power made history as the first of a new generation of nuclear energy startups to win regulatory approval of its reactor design ― just in time for the Biden administration to begin pumping billions of federal dollars into turning around the nation’s atomic energy industry. But as mounting costs…
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023. Mike Blake | Reuters Citigroup warned investors late Wednesday that charges tied to the decline of the Argentine peso as well as the bank’s reorganization came in far higher than disclosed by the company’s CFO just…
Following rising domestic pressure to boycott Chinese-made goods, the Indian government on Monday ordered 59 Chinese apps to be blocked, including TikTok, WeChat, Shareit, and Clash of Kings. The Indian government framed the move as protecting personal information from what it called “malicious apps,” that “harm India’s sovereignty as well as the privacy of our…
Some new unions are facing an unforeseen hurdle as they try to bargain first contracts with big-name employers: getting sued for the names they’ve chosen. Starbucks is the latest company to file an intellectual property lawsuit against its employees’ union. The coffee chain claims that the group, Workers United, is “diluting” the Starbucks brand and…