Inditex founder Amancio Ortega is set to receive a record €3.23bn dividend this year, as Europe’s largest fashion group continues to thrive. The payout follows a 5.8% rise in pre-tax …
A combination of severe weather, localized utility failures, and global energy shocks caused the UK economy to flatline in January. Official data from the ONS confirmed 0% growth for the …
HSBC’s market value has reached a significant milestone of $300bn, driven by a successful reorganization along “east-west” lines and strong annual profits. The bank reported a 2025 pre-tax profit of …
Late Thursday, the Trump administration announced a 30-day waiver on sanctions for Russian oil currently at sea, citing the need to stabilize global energy prices. Treasury Secretary Scott Bessent noted …
A rare shutdown of shipping lanes has disrupted the U.S. inflation outlook, following a February report that saw prices rise at a 2.4% annual clip. The conflict, which began in …
The UK’s “Big Six” energy companies have a new competitor as Tesla secures its electricity supply licence from Ofgem. The authorization allows Elon Musk’s company to sell electricity to homes …
Strong performance at Waitrose has helped the John Lewis Partnership return to a position where it can pay an annual bonus to its employees. The group announced a 2% bonus …
The Middle East’s energy landscape was further destabilized on Thursday as Iranian retaliatory strikes hit key facilities in Bahrain and Iraq. Bahraini authorities were forced to order residents to stay …
The UK’s economic outlook has shifted as the OBR warns that inflation could settle at 3% due to ongoing Middle East tensions. The conflict, centered on military action against Iran, …
The Mississippi Department of Environmental Quality (MDEQ) has officially permitted xAI to run 41 gas turbines at its Colossus 2 facility in Southaven. This decision allows the company to significantly …