Fed Keeps Rates Unchanged as Iran Tensions Persist
The Federal Reserve maintains current interest rates, citing economic stability despite ongoing geopolitical tensions with Iran. Markets react cautiously as inflation concerns linger.
Category : Business
Huerta and Chavez Abuse Allegations Surface in Labour Movement
New allegations of abuse have emerged against labour icons Dolores Huerta and Cesar Chavez, raising questions about their legacies in the US labour movement.
Australia's Fuel Crisis: Foreign Oil Reliance Spikes Prices
Australia faces a fuel security crisis as heavy reliance on foreign oil imports leads to soaring prices and energy instability, prompting urgent calls for domestic solutions.
UK Imposes Steel Tariffs to Shield Domestic Industry from Competition
The UK government has announced new tariffs on steel imports to safeguard the domestic industry, following concerns over unfair competition and job losses at Tata Steel's Port Talbot plant.
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Australia Probes Fuel Price-Gouging Amid Iran War Supply Fears
Australia's competition watchdog investigates major fuel suppliers for alleged price-gouging as the government appoints a new taskforce coordinator to manage supply amid Middle East tensions.
Russian Oil Heads to Cuba Amid Blackouts and US Pressure
Cuba struggles with nationwide blackouts as a Russian tanker carrying 730,000 barrels of crude approaches, while Donald Trump threatens to 'take' the island amid escalating US economic sanctions.
Australia Petrol Shortage Crisis Amid Global Oil Price Surge
Australia is grappling with a severe petrol shortage as global oil prices spike, leading to long queues at stations and supply chain disruptions nationwide.
Banks Keep £100 Contactless Limit After FCA Scraps Cap
Major UK banks have decided to retain the £100 limit for contactless card payments, even though the Financial Conduct Authority has removed the official cap. This move comes amid concerns over fraud and consumer demand.
China's Robotics Revolution: Automating the Global Factory Floor
An in-depth exploration of China's booming humanoid robotics industry, where companies like Guchi Robotics and Galbot are pioneering automation to replace human workers in factories, with staggering investments and rapid technological advances.
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Testing London's Robotaxi Revolution: A Self-Driving Taxi Ride
A firsthand experience in a Wayve self-driving taxi in London, exploring the technology, challenges, and future of autonomous vehicles on Britain's complex roads.
ACCC Investigates Diesel Supply and Price-Gouging Claims
Australia's competition watchdog is investigating major fuel suppliers over alleged anti-competitive conduct and diesel availability issues in regional areas, as a national fuel crisis deepens.
Trump Threatens to Blow Up Iran's South Pars Gasfield
Donald Trump warns of massive retaliation against Iran's South Pars gasfield if Tehran strikes Qatar, as Middle East tensions spike oil and gas prices globally.
India's LPG Supply Chain Disrupted by Iran Conflict
India's liquefied petroleum gas supply chain is experiencing significant disruption due to escalating conflict in Iran, impacting household and industrial fuel availability.
Bee Network Expands Night Buses to All Greater Manchester Boroughs
Mayor Andy Burnham announces night buses will serve all 10 Greater Manchester boroughs, with 740,000 residents set to benefit from expanded Bee Network services.
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Gas Reserve Plan Could Cut UK Energy Bills by £200, Report Says
A new report suggests moving gas plants to a strategic reserve could decouple electricity prices from volatile gas costs, potentially saving households up to £203 per year amid geopolitical tensions.
Farage's Cameo Videos Backed Cryptocurrencies That Collapsed
Reform UK leader Nigel Farage has profited from Cameo videos endorsing obscure memecoins that subsequently lost value, with some linked to fraudulent schemes.
Alexa+ AI Upgrade Launches in UK to Boost Smart Speaker Use
Amazon launches Alexa+ in the UK, a generative AI upgrade for eight years of devices, aiming to re-engage users with natural speech and proactive features amid market challenges.
Power Prices to Fall Up to 10% on Australia's East Coast
The Australia Energy Regulator forecasts electricity price reductions of up to 10.1% for households and 21.2% for small businesses, driven by increased renewable energy generation and falling wholesale costs.
Austrian Hostel Rivals Luxury Ski Chalets on a Budget
A family discovers that a youth hostel in Austria's Montafon valley provides an affordable, authentic ski holiday, challenging expensive chalets with easy slope access and local charm.
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Havana Blackout: A Visual Chronicle of Citywide Darkness
A major power outage struck Havana, Cuba, on March 19, 2026, leaving the capital in darkness. This article provides a unique visual account of the event, detailing its impact on residents and infrastructure.
Mortgage Rates Rise as Bank of England Base Rate Stays Put
Mortgage rates in the UK have increased due to swap rate fluctuations and geopolitical tensions, despite the Bank of England keeping its base rate steady at 3.75%.
FCA Scraps Contactless Limits, Banks to Set Own Rules
The Financial Conduct Authority has abolished the £100 contactless card limit, allowing banks to set their own restrictions. While fraud risks are low, consumers can set personal limits for security.
Energy Markets in Turmoil as Iran-Israel Conflict Escalates
Oil and gas prices have surged dramatically following attacks on key energy facilities in the Middle East, with UK wholesale gas hitting its highest level since August 2022 and Brent crude rising sharply.
Oil Crisis Wealth Transfer: Profits and Prevention
Soaring oil prices from the US-Israel war on Iran risk repeating the 2022 wealth transfer, where the richest 1% captured 50% of fossil fuel profits. Experts propose excess profit taxes and price caps to redistribute gains and fund clean energy.
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UK Wage Growth Hits Five-Year Low as Hiring Slows
UK wage growth fell sharply to 3.8% in the three months to January, the lowest rate in over five years, with younger workers disproportionately affected by a hiring slowdown.
BP Sells German Refinery, Raises Cost-Cutting Goal
BP agrees to sell its Gelsenkirchen oil refinery to Klesch Group, saving $1bn in operating costs and increasing its cost-cutting target to $6.5bn-$7.5bn by 2027.
US Craft Beer Breweries Closing in 2026
The US craft beer industry is experiencing a significant downturn, with numerous breweries shutting down in 2026 due to economic pressures and market saturation.
BoE Holds Rates as Iran War Threatens UK Inflation Surge
The Bank of England has kept interest rates at 3.75%, warning that the Iran conflict could drive UK inflation above 3% this year, impacting household finances.
BoE Holds Rates at 3.75% as Iran War Fuels Inflation Worries
The Bank of England maintains interest rates at 3.75%, warning that the US-Israel conflict with Iran could push inflation higher, impacting UK households and businesses.
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Beyond Tequila: Mexico's Diverse Spirit Landscape
Discover the rich variety of Mexican spirits beyond tequila, including mezcal, sotol, and raicilla, as explored by Richard Godwin in a deep dive into their unique flavors and cultural significance.
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