Browsing: business

UAE quits Opec groupNewsflash: The United Arab Emirates has announced it is quitting the Opec group of oil producers.In an unexpected move, the UAE is leaving…

Goldman Sachs raises oil price forecast as war disruption hits productionThe deadlock in the Middle East confict has prompted Goldman Sachs to raise its oil price…

Oil hits highest level since US-Iran ceasefire beganThe oil price has hit its highest level since the US and Iran agreed a ceasefire more than two…

Lockheed Martin’s CEO has called the Trump administration a “golden opportunity” for the company as it expands its contracting work for the federal government amid the…

1. Fix the AI strategy Artificial intelligence has been a surprising weakness for Apple, at least in the eyes of some investors. It has stood on…

European stocks fall as ‘Hormuz chaos’ leaves markets on edgeEuropean stock markets have dropped at the start of trading, as last Friday’s optimism about a Middle…

Drivers for Uber and Lyft across the US are spending hundreds more dollars on fuel each month after the US-Israel war on Iran triggered a sharp…

For years now, we have heard that Amazon and the big chains are crushing small businesses, but independent bookstores are suddenly making a comeback.About 422 new…

Oil tumbles 10% as Iran declares strait of Hormuz ‘completely open’The oil price is tumbling, after Iran announced that the strait of Hormuz is now open.Crude…

Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head warnsThe head of the International Energy Agency has warned that Europe has about six…