IAG braces for €2bn fuel bill shock as Iran conflict tests British Airways owner
IAG, owner of British Airways, warns the Iran conflict will add €2bn to its fuel bill and dent 2026 profits, even as Q1 earnings jumped 77% to €351m. Read more:…
Food prices climb for third month in a row as Iran tensions squeeze global supply chains
UN FAO Food Price Index climbs 1.6% in April as Strait of Hormuz disruption, drought and biofuel demand push vegetable oil, cereal and meat prices higher. What it means for…
Meta launches high court challenge against Ofcom over online safety act fines
Meta has launched a judicial review against Ofcom, arguing the regulator's fees and fines regime under the Online Safety Act is disproportionate and unfairly tied to global revenue. Read more:…
American Express opens free AI training to small firms as adoption gap widens
American Express has unveiled free AI upskilling courses and scholarships of up to $1,000 to help small business owners and staff turn generative AI from novelty into a daily productivity…
US diplomats warned against wagering on Iran talks – media
US diplomats have reportedly been warned against using insider information to place bets on Iran talks Read Full Article at RT.com
Oil trader pockets reported $125 mn on suspiciously well-timed Iran bet – media
A nearly $1 billion oil short placed before news of progress toward US-Iran deal to end the war has raised suspicions of insider trading Read Full Article at RT.com
Fertiliser shortages set to send global food prices soaring, warns Grosvenor chief
Grosvenor Group's Mark Preston warns Iran war fertiliser shortages have pushed UK farm costs up 70% and will trigger a dramatic spike in global food prices next year. Read more:…
Retailers warn Reeves is creating a ‘jobless generation’ as hiring costs spiral
The British Retail Consortium warns Britain is heading for a jobless generation, with £6.5bn in extra labour costs forcing retailers to freeze hiring and shut young people out of work.…
The retired executives swapping the golf course for the boardroom – and charging next to nothing
Meet Sapient Foundation, the band of retired British executives offering free or pay-what-you-can consultancy to cash-strapped SMEs and start-ups across the UK. Read more: The retired executives swapping the golf…
TGJones owner Modella Capital to shut up to 150 former WHSmith high street shops
Modella Capital is to close up to 150 of the 480 former WHSmith high street shops trading as TGJones, putting hundreds of jobs at risk in a fresh restructuring plan.…