One month into the Iran war, US petrol prices are beginning to hurt consumers at the pump. Iran has effectively closed off the Strait of Hormuz, one of the world's…
5 hours agoFaarea MasudandNick Edser,Business reportersGetty ImagesThe global benchmark Brent crude oil price briefly hit $119 (£90) per barrel on Tuesday, close to its highest since the start of the…
5 hours agoKali HaysTechnology reporterReutersOracle co-founder Larry Ellison (pictured) is one of the world's richest peopleTech giant Oracle made "significant" job cuts on Tuesday, according to senior employees posting online,…
10 hours agoShanaz Musafer,Business reporterandNatalie Sherman,Business reporter'Something needs to be done' - Americans struggle as gas prices surgeThe average price of gas at the pump has topped $4 in the…
13 hours agoLaura HammondEast MidlandsSuppliedDenby said reduced demand and rising costs had "squeezed the business financially"Renowned pottery firm Denby has appointed administrators after it said it had struggled with rising…
17 hours agoMitchell LabiakBusiness reporterPoppy WhitesidePoppy Whiteside has made a claim on the car she bought eight years agoDrivers have told the BBC about their hopes to finally be paid…
18 hours agoNick EdserBusiness reporterGetty ImagesThe UK's housing market is likely to soften as households face rising mortgage and energy costs due to the impact of the Iran war, Nationwide…
22 hours agoOsmond Chia,SingaporeandLeehyun Choi,SeoulGetty ImagesKorean Air says it is moving into emergency management mode to buffer the impact of surging jet fuel costs as the global economy is rocked…
The US national average retail price of gasoline crossed $4 a gallon for the first time in more than three years on Monday, data from price tracking services GasBuddy showed,…
Brent oil futures were closing out their largest monthly gain in history with another lurch higher on Tuesday after a fresh tanker attack in the Middle East and a warning…
Pre-tax profits at the main Irish subsidiary of iPhone maker, Apple last year increased by 6% to $80.96 billion (€70.49 billion) in another record year for the business. New consolidated…
More than 200 jobs are at risk at Ladbrokes bookmakers as part of plans to close up to 39 shops in Ireland. It is understood that 226 jobs are under…