Iran war drives Panama Canal lane prices to record high
Asian buyers seeking western crude push bids five times greater than pre-conflict levels
Asian buyers seeking western crude push bids five times greater than pre-conflict levels
Rising prices risk deepening the country’s deflationary trap rather than providing any escape from it
‘Savvy the Squirrel’ initiative comes as investors await clarity on eligibility of products in stocks-and-shares products
Oil rises back above $100 a barrel following incidents in waters close to Iran
Wale Edun leaves President Bola Tinubu’s cabinet less than a year before an election in one of Africa’s largest economies
CEO warns investors to expect ‘very significant’ spending increase on self-driving taxis, trucks, robots and chip factories
Also in today’s newsletter: an acid attack shakes Indonesia and Tesla profits rebound
US company’s equities had soared more than 400% in echo of Wall Street’s 2021 ‘meme stock’ craze
Request to Fifa is pitched as effort to repair US ties with country even as Iran says it is ready to participate
Money would come with equity warrants that could make government majority owner of struggling discount carrier
Indian authorities name UK start-up founder in criminal complaint over ties to collapsed electronics group
Treasury secretary says ‘numerous’ countries sought support amid economic fallout from Iran war
Fraud claims come amid escalating feud between the Trump venture and one of its biggest supporters
Liam Rosenior serves just three months of a five-and-a-half-year contract in London club’s latest managerial reshuffle
Consortium, which includes Prudential Financial, would help fund buyouts of defined-benefit schemes
U-turn by Brussels would be bitterly contested by environmental groups
US aircraft maker narrows losses and posts widest gap over European rival since 2018
Rivals may prefer to just watch him get into ever hotter water but buying his company outright gives them more certainty
Minister lacks ‘confidence’ in outsourcer’s ability to implement and transition to new operating model
Stuart Holloway formerly worked as a relationship manager at bank’s infamous SME unit
Pause may put a lid on full-blown war without stopping hostilities or easing energy crisis
How the technology will affect prices is still uncertain
Divisions over response to Middle East energy crisis evident at annual discussions held in Berlin