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WH Smith will determine the destiny of its 233 year-old excessive road chain inside days, because it holds last discussions with the 2 remaining bidders for the enterprise. Sky Information has learnt that WH Smith will announce as early as…
BELGRADE (Reuters) – Serbian oil firm NIS, majority-owned by Russia’s Gazprom Neft and Gazprom, is more likely to get a last-minute, 30-day extension to its waiver from U.S. sanctions, the CEO of state fuel firm Srbijagas stated on Thursday. The…
By Jarrett Renshaw NEW YORK (Reuters) – U.S. President Donald Trump’s administration has requested oil and biofuels producers to hash out a deal on the subsequent section of the nation’s biofuels coverage to keep away from the type of political…
Britain’s second-biggest metal producer is kicking off a session that might result in the closure of its two blast furnaces and greater than half of its workforce dropping their jobs – a transfer that can pile strain on the federal…
Chancellor Rachel Reeves has mentioned the UK doesn’t need to “escalate” Donald Trump’s commerce wars after the US president slapped a brand new 25% tariff on all imported vehicles. Mr Trump signed an government order final night time for the…
(Bloomberg) — Norway’s central financial institution delayed a long-communicated minimize in borrowing prices till later this 12 months as officers responded to a flare-up in inflation. Norges Financial institution held the deposit fee at 4.5%, the best in additional than…
(Bloomberg) — Cnooc Ltd. posted larger annual earnings, as development in vitality output offset weaker costs. China’s largest offshore oil and fuel driller mentioned internet earnings rose to 137.9 billion yuan ($19 billion) in 2024, from 123.9 billion yuan the…
The Fed has a brand new favourite phrase: ‘Uncertainty’ The one certainty for Federal Reserve policymakers for the time being is that there’s a excessive stage of uncertainty concerning the US financial outlook.
Decrease earnings households are set to be £500 poorer attributable to profit cuts and a weak financial outlook, a thinktank has discovered. Residing requirements are on observe to fall over the subsequent 5 years for the poorest half of households,…
(Bloomberg) — The US has filed a civil forfeiture criticism for $47 million in proceeds from the sale final yr of round 1 million barrels of oil allegedly from Iran, which was saved in Croatia. The criticism alleges a scheme…