Business News

Oil prices barely react as President Trump waives sanctions on Russian crude sales, despite a recent 10% surge in oil prices.

The US Treasury Department has issued a temporary license allowing the sale of Russian oil already loaded onto vessels, providing a limited window for clearing stranded shipments.

Australia taps into fuel reserves, assuring no shortages as Energy Minister Bowen downplays concerns. Regional areas to benefit as companies required to free up diesel and petrol.

Qantas airline reaches $74 million settlement over complaints about refund policies for cancelled flights during the COVID-19 pandemic. The case highlights ongoing customer service challenges for the travel industry.

PwC plans to expand its graduate hiring after last year's intake cuts, says UK boss Marco Amitrano. The consulting firm sees strong demand from 'hungry' young recruits seeking promising careers.

Newly announced £100 million investment aims to speed up planning approvals for homes, transport, and clean energy projects to accelerate sustainable development.

Newly leaked Slack messages expose a Live Nation executive's disturbing claims of intentionally overcharging and deceiving ticket buyers. This shocking revelation sparks outrage and renewed calls for antitrust action.

Rivian had promised a $45,000 base model R2 SUV, but now says it won't be available until late 2027. Explore the reasons behind the delay and what it means for Rivian's affordable EV plans.

The Federal Reserve aims to relax certain bank capital requirements, potentially allowing financial institutions to lend more and stimulate economic growth.

Renowned pottery manufacturer Denby announces plans to appoint administrators as rising costs put strain on the business. Exploring the factors behind the company's struggles.