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The European Commission has downgraded its forecasts for growth across the eurozone this year and next as economic activity in the bloc stumbles in the…
You’ll remember the image: Tovalu’s climate minister Simon Kofe rolling up his trousers to give up a recorded speech for the Glasgow Cop26 climate conference…
China is anticipated to achieve its annual gross domestic product (GDP) growth target this year, with a focus on transitioning to a high-quality and sustainable…
Gold prices have collapsed in a two-day avalanche, tumbling as fears over market volatility ease — with the precious metal seemingly entering a correction phrase.…
Aramco will pay out almost £30bn in dividends for the third quarter, boosting 90 percent owner Saudi Arabia’s coffers Saudi Aramco (Aramco) has sustained hefty…
Energy giants BP and Shell unveiled sharp downturns in their usual earnings last week in a rocky third quarter for the sector, with the oil…
The UK’s manufacturing sector is engulfed in the deepest downturn since the 2008 financial crisis as market uncertainty depresses activity, a closely watched survey suggests.…
BP missed analyst expectations in its third-quarter earnings, with a 60 percent year-on-year decline in profits for the three months to October, blaming the underwhelming…
The United States says it has struck two facilities in eastern Syria, claiming they were used by Iranian forces and affiliated groups. Secretary of Defence…
Volkswagen Group has said it “cannot be satisfied” with its profitability, as it missed third quarter targets due to hedging losses and supply chain disruption.…
The American research company HyperloopTT unveiled its latest hyperloop technology, an innovative freight capsule system which it claims will revolutionise freight shipping. The idea, first…
Porsche has reported a jump in sales and profits in the first nine months of the year thanks to strong performances from its bestselling Cayenne…
Bitcoin’s price continued to rise on Tuesday, heading higher on optimism about progress in the listing of a spot bitcoin exchange traded fund (ETF) in…
Gas prices have soared over recent days, with geopolitical volatility rattling spot markets and escalating fears of supply shortages this winter. Having seemingly calmed from…
The celebrated Scottish poet, Rabbie Burns, famously said that “the best laid plans of mice and men often go awry”. Viewed by many as prescient,…
Jamie Dimon, chief executive of JP Morgan, said the early 2020s were shaping up to be “the most dangerous time the world has seen in…
Households will be on the hook for Ofgem’s plans to stabilise the energy sector, with the regulator considering a rise in energy bills to reduce…
The government must send “clear signals” to clean energy investors that the UK is ready for business, or risk failing to meet its hydrogen ambitions.…
THE CITY appears to be losing its battle to explain ‘ESG’ to normal Brits as precious few claim to know what the Square Mile’s favourite…
Climate action to reach net zero undermines investment in the oil sector and jeopardises global energy security, warned OPEC. General secretary Haitham al-Ghais took aim…