A new directive from the US Treasury Department has authorized the temporary purchase of Russian oil stranded at sea to mitigate the impact of the war in Iran. The 30-day …
Tesla has successfully cleared the regulatory hurdles to become a licensed electricity provider in Great Britain. Ofgem’s decision marks a pivotal moment for the company, allowing it to move beyond …
The landscape of American energy is set for a major transformation following President Donald Trump’s announcement of a new $300 billion refinery. Situated in Brownsville, Texas, the facility will be …
The global energy sector experienced a rollercoaster 24 hours as Donald Trump’s public statements directly dictated the price of crude oil. Initially, prices tumbled as the President described the war …
Chinese automotive manufacturer Chery is opening its European research and development headquarters in Liverpool, consolidating European commercial vehicle operations on Merseyside. The state-owned carmaker will centralize research, engineering, and commercial …
EasyJet’s chief executive has cautioned that European Union baggage regulations could disrupt the competitive fare discovery process that helps passengers find best value. Legislative initiatives to mandate free cabin baggage …
President Trump has delivered a stark ultimatum to South Korea, threatening to raise tariffs to 25% on key exports including automobiles, pharmaceuticals, and lumber unless Seoul’s parliament ratifies a trade …
Tensions are running high at BP after managers were summoned to the company’s Sunbury base to receive instructions on a controversial rollout of new employment terms. The briefing detailed plans …
Private equity firm Bain Capital is doubling down on its investment in Gail’s Bakery as the chain reveals plans for 40 new outlets. The bakery, which has seen its valuation …
SoftBank has sold its $5.8 billion Nvidia stake to focus more aggressively on its OpenAI investments, further entrenching itself in the artificial intelligence boom. The move underscores the company’s view …
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