EU ‘not competitive’ – Belgian central bank chief
Soaring energy costs are undermining the EU’s competitiveness, Belgian central bank chief Pierre Wunsch has told the Financial Times Read Full Article at RT.com
May 2026
Putin envoy comments on collapse of Spirit Airlines
US low-cost airline Spirit announced immediate shutdown after failed Washington bailout bid and oil price spikes squeezing finances Read Full Article at RT.com
OPEC+ makes first output decision after UAE exit – Reuters
Seven members of OPEC+ have reportedly agreed to add 188,000 barrels a day in June following the UAE exit Read Full Article at RT.com
Kuwait exports zero barrels of oil for first time in 35 years – monitor
Kuwait has exported no crude for the first time since 1991, according to Tanker Tracker. Read Full Article at RT.com
Last orders for British hospitality: Are Reeves and Starmer trying to kill the UK restaurant sector?
From a £3.4 billion National Insurance hit to a refusal to cut hospitality VAT, the policies of Reeves and Starmer read like a hit job on Britain's high streets. Read…
Oil prices now determined by Trump’s mood – Fico
Slovak PM Robert Fico quipped that oil prices depend on Trump’s mood after reports the US president would be briefed on new Iran options Read Full Article at RT.com
Whisky tariffs lifted as Trump hails royal state visit
Britain's distillers have been handed an unexpected fillip after Donald Trump announced the removal of all US tariffs and restrictions on whisky imports, a concession the president attributed directly to…
Bristol leads UK innovation jobs boom as the regions close the gap on London
New research lays bare a striking paradox: workforces at Britain's most innovative firms are growing fastest outside the south-east, yet eight in every ten venture pounds still pour into the…
Britain’s green start-ups face ‘triple squeeze’ as early-stage funding crashes to five-year low
Early-stage funding for Britain's clean tech start-ups halved in 2025, hitting a five-year low. Cleantech for UK warns the innovation pipeline is at risk. Read more: Britain’s green start-ups face…
Singapore’s ‘Queen of Bond Street’ takes a seat at Heston Blumenthal’s table
Singapore billionaire Christina Ong's Como Group has taken a controlling stake in Heston Blumenthal's loss-making Fat Duck Group, paving the way for international expansion. Read more: Singapore’s ‘Queen of Bond…