Panic buying drains French gas stations
France is facing a fuel crunch after price caps and panic buying sparked shortages at hundreds of TotalEnergies filling stations Read Full Article at RT.com
Europeans must pay more for medicine – German pharma giant
German pharma giant Bayer says European drugmakers must raise prices for new medicines to offset US pressure to cut costs for Americans Read Full Article at RT.com
Bank of England warns Iran war could trigger financial crisis risks
The Bank of England warns the Iran war could trigger a financial crisis, with rising mortgage costs, inflation and market volatility hitting UK households. Read more: Bank of England warns…
Ratcliffe backs tory plan to scrap carbon taxes amid industry pressure
Ineos founder Jim Ratcliffe backs Conservative plans to scrap carbon taxes, arguing high levies are damaging UK industry and competitiveness. Read more: Ratcliffe backs tory plan to scrap carbon taxes…
Inflation fears surge as rate cut hopes fade for UK businesses
UK businesses expect higher inflation and fewer rate cuts as energy prices surge following the Iran war, according to Bank of England data. Read more: Inflation fears surge as rate…
SpaceX files for record-breaking IPO with $1.75tn valuation target
SpaceX is preparing for what could become the largest stock market debut in history after confidentially filing for an initial public offering that may value the company at more than…
Regions from Teesside to Cornwall awarded up to £20m to boost innovation
Regions across England and Wales will receive up to £20m each to boost innovation in sectors including AI, clean energy and advanced manufacturing. Read more: Regions from Teesside to Cornwall…
Marmite and Hellmann’s to join US giant in £50bn flavour deal
Marmite and other iconic brands will join US group McCormick in a £50bn deal, creating a global flavour powerhouse and raising concerns over UK jobs. Read more: Marmite and Hellmann’s…
Oracle cuts thousands of jobs as Ellison doubles down on AI investment
Oracle begins cutting thousands of jobs as it ramps up AI spending, with analysts warning up to 30,000 roles could be affected. Read more: Oracle cuts thousands of jobs as…
UK warned it will rely on US gas as calls grow to boost North Sea output
Britain could rely on US LNG for 60% of gas by 2035, prompting calls to boost North Sea production to strengthen energy security. Read more: UK warned it will rely…