Business

Late Thursday, the Trump administration announced a 30-day waiver on sanctions for Russian oil currently at sea, citing the need to stabilize global energy prices. Treasury Secretary Scott Bessent noted …

The UK’s “Big Six” energy companies have a new competitor as Tesla secures its electricity supply licence from Ofgem. The authorization allows Elon Musk’s company to sell electricity to homes …

A major shift in U.S. energy policy was signaled today as President Donald Trump announced a $300 billion oil refinery project in Brownsville, Texas. This is the first time in …

In a bid to restore order to the global energy market, Donald Trump has announced the suspension of certain oil sanctions following a period of unprecedented price volatility. This move …

Budget airline EasyJet has warned that European Union baggage regulations could eliminate important brand differentiation opportunities that help airlines compete effectively. The legislative proposal would mandate free cabin baggage for …

President Trump has threatened to raise tariffs on South Korean goods to 25% from the current 15%, accusing Seoul’s legislature of breaking commitments made in a trade agreement negotiated just …

Twenty years after opening its first cafe in Hampstead, Gail’s Bakery is accelerating its growth engine. Co-founder Tom Molnar recently stated that despite currently operating 185 sites, the business is …

SoftBank has divested its Nvidia holdings worth $5.8 billion to increase funding for OpenAI, the company behind ChatGPT. The shift highlights SoftBank’s evolving strategy toward AI innovation rather than hardware …

OpenAI, the firm behind ChatGPT, is reportedly preparing for a blockbuster IPO that could value it at up to $1 trillion by 2026. The potential float would be one of …

Netflix has significantly strengthened its commitment to India’s entertainment industry, generating a $2 billion economic impact and creating over 20,000 jobs through its Indian productions since 2021. The announcement was …