Business

Global oil markets were thrown into disarray on Monday as the Strait of Hormuz — one of the world’s most critical shipping lanes — faced effective closure following …

The global economy absorbed yet another jolt when President Trump announced a new 15% blanket tariff on all imports into the United States, hours after the nation’s highest …

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 in Turkey that will …

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 that Russian crude imports …

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 reductions are on the …

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

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

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 plan a recipe 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 …

A fresh debate has emerged in Germany over whether the country should continue storing a large share of its gold reserves in the United States. Economists are increasingly …