Business

Treasury Secretary Scott Bessent announced Thursday that the United States is weighing an extraordinary step: temporarily removing sanctions from Iranian crude oil currently floating on tankers in international waters. The …

A conflict thousands of miles from Britain has dramatically changed the Bank of England’s outlook, prompting a unanimous decision to hold rates at 3.75% while warning that hikes may be …

The announcement of British Steel’s deal to supply rail for Turkey’s Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the …

India’s crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% …

The Bank of England has held interest rates unchanged at 3.75%, with some policymakers expressing concern that consumer inflation expectations remain elevated despite falling actual inflation. This disconnect is influencing …

Precious metals markets brought relief Monday as gold and silver recovered from one of their steepest declines in recent memory. Gold climbed from an 8% crash to $4,465 per ounce, …

Liverpool will become the European headquarters for Chinese carmaker Chery’s research and development operations, with the state-owned manufacturer establishing a comprehensive facility on Merseyside. The headquarters will integrate European commercial …

British budget airline EasyJet has warned that European Union baggage regulations could trigger the collapse of revenue models that have enabled the low-cost carrier revolution. Legislative proposals to mandate free …

President Trump has pressured South Korea with a demand for action, threatening 25% tariffs on major exports over a stalemate regarding a trade agreement from 2024. The announcement targets automobiles, …