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Oil briefly falls below $100 and shares jump on Trump Iran war pledge
Posted onOil prices have surged as much as 64% in March – when they reached nearly $120 a barrel – in the biggest monthly gain since 1990 when Iraq’s invasion of Kuwait took both countries’ oil off the market, resulting in an energy supply shock, said Nicolas Daher from the Economist Intelligence Unit.
Samsung profits jump 1,800% as AI chip sales soar
Posted onSouth Korean technology giant Samsung Electronics says it expects to post a 19-fold jump in its profits, driven by global demand for artificial intelligence (AI) memory chips. The company forecast that it made 89.4tn won (£43.6bn; $58.4bn) between the start of April and the end of June, marking its third record quarterly operating profits in…
UK economy growth forecasts lowered from next year
Posted onThe UK economy is now predicted to grow at a slower rate than previously expected from next year, the government’s official forecaster has said. The Office for Budget Responsibility (OBR), which maps out how the economy is set to perform based on the government’s tax and spending policies, increased its growth expectations for this year,…
World Economic Forum boss Borge Brende quits after review of Jeffrey Epstein links
Posted onAs the world inches back to a pre-WW2 order, the ‘middle powers’ face a grave new challenge With economic stagnation and extremes of inequality comes corrosion of trust in democratic institutions. So Trump may be a symptom, not a cause, of what Carney called a “rupture” with the post-WW2 order. 25 Jan 2026
Weve saved £6,000 on holidays by swapping homes with strangers
Posted onThe main home-swap listings platforms vet their members and invite them to review one another. But the Association of British Insurers advises hosts to check that their home and contents insurance provides the cover they need before hosting guests. It also says it is worth checking your travel insurance before staying in someone else’s home…
