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Oil prices fall on hopes Strait of Hormuz could reopen
Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway. US Secretary of State Marco Rubio and Treasury Secretary Scott Bessent both announced talks had progressed to allow shipments potentially to resume as soon as this week….
Swedish workers trial friendship hour to combat loneliness
Maddy SavageBusiness reporter, Kalmar, Sweden BBC Pharmacy worker Yasmine Lindberg admits that she had been struggling with loneliness Staff at a major Swedish pharmacy chain are being given paid time off to spend with friends, as Sweden’s government calls on businesses to help play a role in tackling loneliness. Yasmine Lindberg, 45, is one of…
China’s economic growth slows as trade tensions with US flare up
Osmond ChiaBusiness reporter Getty Images The 4.8% growth in the third quarter marked a slowdown from 5.2% in the three months to July China’s economic growth slowed in the three months to the end of September as problems in the property market persisted and trade tensions with the US flared up. The world’s second-largest economy…
