Latest in Trafigura warns of up to $1.1bn loss over Mongolian oil scandal
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Trafigura warns of up to $1.1bn loss over Mongolian oil scandal
Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraudBusiness - Financial Times - 4 hours ago -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
Labour to set up review after carer’s allowance overpayments scandal
Exclusive: overhaul of system that imposed draconian penalties for innocent errors in benefit claims is expected. Draconian penalties that caused unpaid carers to rack up thousands of pounds of ...World - The Guardian - October 15 -
Harris and Cheney talk economy, women’s health and Trump in Michigan campaign event – US elections live
VP and former Republican congresswoman meet voters in swing state; Trump holds rally in North Carolina. Don’t miss important US election coverage. Get our free app and sign up for election ...World - The Guardian - October 21 -
Olive oil heartlands battle over the industry’s future
Mega farms are encroaching on a market long dominated by smallholders, as prices remain near record highsWorld - Financial Times - October 14 -
Reeves cuts National Wealth Fund budget despite UK investment drive
Chancellor’s decision comes as government seeks to work with private sector to decarbonise economyBusiness - Financial Times - October 14 -
Starbucks drops olive oil coffees as it shakes up menu
The announcement comes less than a week after the company reported falling global sales.Top stories - BBC News - 18 hours ago -
UK government should consider suing Post Office ex-directors over scandal, says Alan Bates
Victim of Horizon IT scandal says former executives failed in their dutiesBusiness - Financial Times - October 16 -
Peru ex-president Alejandro Toledo jailed for 20 years over involvement in Car Wash scandal
Former leader convicted of taking $35m in bribes from Brazilian construction company Odebrecht . Peruvian former President Alejandro Toledo has been convicted of taking bribes from Brazilian ...World - The Guardian - October 22 -
Over 200 unqualified Texas educators had someone else take their exams in cheating scandal, officials say
Five people have been charged in Texas with organizing and participating in an illegal cheating scheme that certified more than 200 unqualified teachers and helped the plot’s “kingpin” rake in more ...Top stories - NBC News - 8 hours ago -
Oil prices drop over 4% after report Israel won’t target Iran’s oil facilities
Oil futures dropped by more than 4% on Tuesday, with U.S. and global benchmark prices settling at their lowest in about two weeks after a report that Israel will not attack key oil facilities in Iran.Business - MarketWatch - October 15 -
Oil prices drop over 6% after Israeli airstrikes spare Iran’s oil facilities
Oil futures fell sharply Monday, with U.S. and global benchmark crude posting the largest one-day percentage decline in over two years after widely anticipated Israeli airstrikes against Iran did ...Business - MarketWatch - 2 days ago -
NHS needs better plan around weight loss jabs, warn experts
Experts call for an urgent review of obesity treatment services amid booming demand for weight loss jabs.Top stories - BBC News - October 16 -
Lucid’s stock takes a dive after EV maker warns of larger losses
Lucid’s stock took a deep dive in early Thursday trading, after the EV maker called for larger-than-expected operational losses and quarterly revenue that would be slightly ahead of forecasts.Business - MarketWatch - October 17 -
Weight loss jabs not ‘quick fix’ for UK worklessness, health experts warn
Scientists say using the drugs to get people back into work could carry logistical and ethical problems. Weight loss jabs are not a “quick fix” and the health secretary’s plan to use them to help ...World - The Guardian - October 18 -
Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures scored a second straight session of gains on Tuesday to claw back some of steep losses suffered last week, with prices supported by some upbeat prospects for Chinese demand and ongoing ...Business - MarketWatch - October 22 -
Hungary’s largest oil group attacks western ‘hypocrisy’ over Russian energy
Mol’s links to Moscow have come under scrutiny after Spain’s veto of Hungarian consortium’s bid for train maker TalgoWorld - Financial Times - 3 days ago -
Nigeria’s president summons Aliko Dangote over supplies to new oil refinery
Meeting on Tuesday is needed to release more crude for refinery, says industrialistWorld - Financial Times - Yesterday -
His defiance gone, Lincoln Riley struggles to explain USC's latest devastating loss
Lincoln Riley falls under the .500 mark for the first time in his coaching career as Maryland rallies late to send USC to its third consecutive loss.Sports - Yahoo Sports - October 20 -
Lilly's weight loss drug shortage deemed over, but hurdles remain
Some patients fear tirzepatide, sold by Eli Lilly under the brand names Zepbound and Mounjaro, will be hard to get and prohibitively expensive once compounding pharmacies are no longer producing it.Top stories - CBS News - October 23 -
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Israel Steps Up Attacks Near Beirut, Despite U.S. Warnings
Israel carried out a series of strikes near the Lebanese capital on Saturday, killing two people fleeing a vehicle on a busy highway. Defense Secretary Lloyd J. Austin warned Israel to scale back ...World - The New York Times - October 20 -
Lower oil and natural gas prices, higher electricity demand expected over next five years: IEA
Natural gas and oil prices are likely to decline in the second half of the decade, but unexpectedly high worldwide demand for electricity will complicate efforts to reduce greenhouse gas emissions, ...Politics - The Hill - October 16 -
Over 100 women's soccer players protest FIFA deal with Saudi oil giant Aramco
Former U.S. national team captain Becky Sauerbrunn and Netherlands forward Vivianne Miedema are among more than 100 women’s soccer players who have signed an open letter protesting FIFA’s ...Sports - ABC News - October 21 -
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Oil prices edge down to finish at lowest in seven weeks
Oil futures declined on Tuesday, giving up earlier support a day after suffering their largest daily percentage decline in more than two years, with U.S. and global benchmark prices settling at ...Business - MarketWatch - Yesterday -
Weight-loss drugs may reduce opioid and alcohol abuse by up to 50%, study finds
Weight-loss drugs such as Ozempic, made by Denmark’s Novo Nordisk, can reduce rates of opioid and alcohol abuse by up to 50%, according to a new study that supports expectations the drugs can offer ...Business - MarketWatch - October 19 -
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State Department addresses U.S. warning to Israel over Gaza aid
Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin wrote a letter to Israeli officials warning that humanitarian aid allowed into Gaza must increase or the U.S. ally could risk ...Top stories - CBS News - October 15 -
Early Votes Pour In, and a U.S. Warning to Israel Over Gaza
Plus, the new hot item on wedding registries.Top stories - The New York Times - October 16 -
Customers are withdrawing pension money over Budget uncertainty, warns AJ Bell
Wealth managers say speculation over UK tax changes is changing customer behaviourBusiness - Financial Times - October 17 -
Employers’ national insurance rise a risk for SMEs, tax experts warn
Keir Starmer refuses to rule out increase in this month’s BudgetBusiness - Financial Times - October 18