Business News

Tesla's new energy division receives Ofgem approval to sell electricity directly to UK customers, setting up a showdown with leading provider Octopus Energy.

Explore the complex factors driving the wild fluctuations in global oil prices, from geopolitical tensions to supply and demand shifts. Discover the implications for consumers, businesses, and the broader economy.

A customer files a lawsuit against Costco, highlighting the complexities surrounding $166 billion in potential tariff refunds amid the ongoing trade war.

A surge in U.S. mortgage rates is dealing a major blow to the push for more affordable homes, as buyers grapple with soaring prices, insurance, and taxes.

The UK Government has accepted the TRA's recommendation to impose a new anti-dumping measure on imports of tin mill from China, aiming to protect domestic producers.

The UK's Competition and Markets Authority (CMA) is intensifying its monitoring of petrol and diesel prices in response to the Middle East conflict, aiming to ensure fair and transparent pricing for consumers.

Wonderful, a fast-rising tech company, has announced a $150 million Series B funding round led by Insight Partners, valuing the firm at $2 billion just 4 months after its $100M Series A.

Honda cancels its Zero Series SUV and Saloon EVs, as well as the Acura RSX EVs, citing an 'extremely challenging earnings situation' and expected record losses.

Explore the critical role of oil in the global economy, from its impact on geopolitics to its influence on industries worldwide. Discover why the world remains dependent on stable oil supplies.

Despite a coordinated effort to release record amounts of strategic oil reserves, global prices continue to surge amidst escalating tensions in the Strait of Hormuz. Experts weigh in on the complex factors shaping the volatile energy market.