Oil price surges to highest since 2023
Crude oil prices hit a two-and-a-half year high on Friday amid supply disruptions in the Middle East due to the US-Israeli war against Iran Read Full Article at RT.com
2026
Frasers Group builds 6% stake in struggling Puma
Mike Ashley’s Frasers Group has acquired a 5.77% stake in Puma, becoming the brand’s second-largest shareholder as the German sportswear giant battles losses and declining sales. Read more: Frasers Group…
Glasgow opens new Health Innovation Hub to accelerate life sciences innovation
The new Health Innovation Hub in Glasgow has officially opened, creating a major life sciences facility supporting precision medicine, digital health innovation and clinical research. Read more: Glasgow opens new…
Judicial review challenge launched over Home Office £40,000 voluntary departure payment scheme
A legal challenge has been initiated against the UK government over a pilot scheme reportedly offering payments of up to £40,000 to certain failed asylum seekers who voluntarily leave the…
Net-a-Porter workers ballot for strike action over London Living Wage dispute
More than 100 Net-a-Porter warehouse workers in London are voting on strike action after the luxury retailer was accused of breaking a pledge to pay the London Living Wage. Read…
Silverflow raises $40m Series B funding as cloud-native payments platform nears one billion transactions annually
Cloud-native payments platform Silverflow has secured $40m in Series B funding led by Picus Capital as it approaches one billion transactions annually and accelerates global expansion. Read more: Silverflow raises…
Putin warning fuels calls in EU to drop sanctions
EU politicians are raising the alarm over losing Russian oil and gas supplies amid the escalating conflict in the Middle East Read Full Article at RT.com
US likely to introduce 15% global tariff as Trump administration revives trade strategy
US Treasury Secretary Scott Bessent says a 15% global tariff is likely this week as the Trump administration moves to restore trade levies after the Supreme Court struck down earlier…
Airlines hit by jet fuel surge as Iran conflict disrupts supply
Airlines face soaring fuel costs as jet fuel prices hit a three-and-a-half-year high following disruption in the Middle East, with European carriers warning profits could be squeezed despite hedging strategies.…
Morgan Stanley to axe 2,500 jobs despite record revenues
Morgan Stanley plans to cut 2,500 jobs—around 3% of its workforce—despite reporting record revenues of $70.6bn, amid growing debate over AI’s impact on white-collar employment. Read more: Morgan Stanley to…