Global oil prices remained largely unchanged on Monday, 10 August, following a morning session where initial gains evaporated amid uncertainty surrounding negotiations to reopen the Strait of Hormuz. Progress in
global markets
63Articles
The Philippines is positioning itself as the primary location for a global geologic hydrogen revolution, reportedly possessing the largest natural hydrogen seeps on Earth. These underground reservoirs suggest that vast
The ongoing conflict in the Middle East has triggered a significant surge in global refining margins, delivering record-breaking profits to major international oil companies. For the second time within this
Visa has reported a significant acceleration in global payment activity, with the company highlighting robust growth across both traditional card spending and emerging digital money movement channels. During its fiscal
Valereum PLC has announced that Quorium Global Photonics has successfully launched a stablecoin on Ripple’s XRP Ledger, representing a significant milestone in the progression of the companies’ proposed transaction. The
The Bank of England has issued a stark double warning about the way global shocks are now travelling through Britain’s economy: first through household mortgages, then through the hidden plumbing
In a decisive move to bolster the United Kingdom’s position as a hub for global connectivity, Chancellor Rachel Reeves has articulated her commitment to expediting the construction of a third
The global oil market has once again felt the tremors of geopolitical negotiations as Brent crude prices have dipped below $90 per barrel for the first time since April. The
Once hailed as a resilient contender in the global travel retail sector, WH Smith now finds itself ensnared in a web of misfortune and waning investor confidence. Just two years
In a striking revelation, Saudi Arabia’s state-owned oil titan, Saudi Aramco, has reported an impressive £5 billion increase in profits, a notable windfall that has largely stemmed from the soaring
The United Arab Emirates’ withdrawal from the Organization of the Petroleum Exporting Countries represents far more than a procedural departure from a six-decade-old cartel. It signals a fundamental recalibration of
The United Arab Emirates has made the significant decision to exit the Organisation of the Petroleum Exporting Countries, OPEC, marking a pivotal moment in the global oil landscape. This announcement
The United Arab Emirates has formally announced its intention to withdraw from the Opec oil cartel. This decision comes after decades of cooperation with Opec, signalling a significant shift in
A recent proposal to impose charges on cargo ships navigating the second-busiest shipping route in the world has raised alarms among maritime stakeholders. The route in question, the Strait of
The largest producer of condoms is poised to increase prices by nearly a third due to soaring costs linked to the ongoing conflict in Iran. This development highlights the broader
Oil prices have returned above £100 per barrel as tensions escalate in the Strait of Hormuz. The United States is positioning naval forces to enforce a blockade in response to
