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Airlines axe millions of seats amid warning jet fuel could fall to 'critically low levels'

Airlines have pulled millions of seats and cancelled thousands of flights as the fallout from the Iran conflict begins to hit global travel. Fears are growing that jet fuel supplies could fall to "critically low levels" as disruption to key oil routes intensifies.Airlines around the world have cut about two million seats and cancelled roughly 12,000 flights from their May schedules in the past two weeks as the conflict with Iran puts pressure on jet fuel supplies.The disruption is linked to the...

Petrol and diesel drivers issued 'ominous' warning as fuel price hikes could be 'all but inevitable'

Petrol and diesel drivers are being warned that fuel prices could rise once again amid ongoing tensions in the Middle East.The latest data from RAC Fuel Watch shows that drivers are paying an average of 157.21p per litre for petrol and 188.26p for diesel.This is a small jump compared to before the bank holiday weekend, with prices rising by 0.21p per litre for unleaded, although diesel has fallen 0.15p.Despite this, diesel drivers are still 32.3 per cent more than they were at the start of the o...

UK government borrowing costs hit highest level since 1998

Concerns about the possible impact of the local elections - along with the Iran war - have triggered a surge in UK government borrowing costs

BBC expert says HMRC 'sending letters' for £2,200 average payout

On BBC Morning Live, personal finance expert said 750,000 people born between 2002 and 2011 could benefit

Serbian Energy Minister expects talks on NIS with Hungary’s Mol to be completed by May 16

MOL is to provide for a certain fuel output at NIS production facilities after the deal completion, Dubravka Djedovic Handanovic noted

France serves up €1 meals to all university students in bid to cut hardship

Ministers take action after survey showing almost half of students had gone without food for financial reasonsFrench universities have begun offering €1 meals to all students regardless of income in a measure designed to address financial hardship.Student unions have been pushing to extend the €1 rate – down from the usual €3.30 – for a three-course meal to all students, which was previously only available to those with low incomes or receiving financial aid. Continue reading...

Oil Traders Navigate Iran War Impacts With Niche Spread Bets

With the US-Iran war creeping into its third month, oil traders are hedging against divergent outcomes tied to US inventories as the newly anointed top crude exporter faces unprecedented pressure to meet global demand.

UK’s long-term borrowing costs hit highest level since 1998

Rise in bond yields due to fuel prices and political stability concerns will eat away at Rachel Reeves’s fiscal headroomBusiness live – latest updatesThe UK government’s long-term borrowing costs have hit their highest level since 1998, amid rising fuel prices and concerns about political stability.The yield – effectively the interest rate – on 30-year UK government bonds (gilts) hit 5.76% at lunchtime on Tuesday, up 0.11 percentage points – exceeding the 27-year high reached last autumn. Contin...

Global oil reserves in storage approaching eight-year low — Goldman Sachs

One of the world’s largest investment banks said that global commercial stocks of refined petroleum products have fallen from 50 days of consumption prior to the start of the US-Israeli military operation against Iran to 45 days now

US Stock Futures Rise With Eyes on Iran Ceasefire, AMD Results

US stock futures climbed as the US-Iran ceasefire appeared to hold after clashes in the Strait of Hormuz and missile attacks against the United Arab Emirates raised tensions in the Gulf. Investors braced for another heavy day of earnings.

IMF Warning: युद्ध से बड़े संकट में दुनिया, IMF चीफ ने दी वॉर्निंग- और बुरे होंगे हालात

IMF Warning IMF

75 लाख रुपये सस्ती हुई Range Rover SV, अब इतनी रह गई कीमत

Range Rover SV

Vodafone strikes £4.3billion deal to take control of UK's biggest mobile operator

A year after it was created, Vodafone has agreed a deal with Three to take full control of the joint venture they formed

Expert names five economic sectors not threatened by AI according to World Bank

According to Sergey Rybakov, the introduction of artificial intelligence (AI) will intensify existing imbalances in the labor market and reduce effective demand, as highly skilled and highly paid workers will become expendable

Bowen: Strait of Hormuz standoff raises risk of sliding back into all-out war

Bowen: Strait of Hormuz standoff raises risk of sliding back into all-out war18 minutes agoShareSaveAdd as preferred on GoogleJeremy BowenInternational editorReutersControl of the Strait of Hormuz has become the central issue in the crisis.The ceasefire in the Gulf is four weeks old and showing its age. The US and Iran's determination to keep the pressure on each other has put it in serious jeopardy. This is a dangerous moment.The ceasefire opened up a chance for diplomacy that looked for a...

जितनी सैलरी उतना काम! कर्मचारी के इन टिप्स ने हर किसी को कर दिया हैरान

इस शेयर का धमाल, 1 महीने में 48%... तो 5 महीने में IPO प्राइस से डबल रिटर्न

IPO

Apollo Raises $6.5 Billion for Hybrid Debt-Equity Strategy

Apollo Global Management Inc. amassed $6.5 billion for the third iteration of a fund that will provide financing that sits between credit and private equity, a key piece of the firm’s broader $100 billion hybrid business.

Key US Yield at 5% Highlights Mounting Pressure in Bond Market

The yield on 30-year US government debt hovered around 5% after breaching the key level for the first time since July at the start of the week — suggesting pressure in the world’s biggest bond market isn’t letting up.

Rachel Reeves accused of 'attacking British business' as two pubs a DAY forced to close: 'What has she got against pubs?!'

Andrew Griffith has launched a scathing attack on Rachel Reeves after new data revealed that two British pubs a day have been forced to close.Speaking to GB News, the Shadow Business Secretary hit out at the Chancellor's surging business rates, asking: "What does she have against British pubs?"The new data, published by the British Beer and Pub Association (BBPA), also revealed 161 venues shut their doors between January and March 2026.The association said the latest data marks a 26 per cent ris...