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Hurricane season brings financial fears in the Caribbean
Posted onGemma HandyBusiness reporter, St Johns, Antigua Getty Images Homes in Barbuda were flattened by 2017’s Hurricane Irma For some Barbudans, thunderstorms still trigger flashbacks of the night in September 2017 when they lost everything they owned to Hurricane Irma’s devastating winds. Eight years on, while memories may be close to hand, home insurance for many…
Gold tops $5,000 for first time ever, adding to historic rally
Posted onPeter Hoskinsand Adam Hancock,Business reporters Hiba Kola/Reuters The price of gold has risen above $5,000 (£3,659) an ounce for the first time ever, extending a historic rally that saw the precious metal jump by more than 60% in 2025. It comes as tensions between the US and NATO over Greenland have added to growing concerns…
Weleda launches inquiry into Nazi camp skin test claims
Posted onWeleda, the natural cosmetics company, has launched a study into its links to a Nazi concentration camp following claims an anti-freeze cream it produced was tested on prisoners. A report by historian Anne Sudrow alleges that the Swiss company ordered raw materials from a garden in the Dachau camp. It also made a cream to…
Trade deal: India and EU announce FTA amid Trump tariff tensions
Posted onAbhishek Dey and Arunoday Mukharji in India and Jessica Parker in Brussels EPA/Shutterstock (From left) European Council President António Costa, Indian Prime Minister Narendra Modi and European Commission President Ursula von der Leyen in Delhi on Tuesday The European Union and India have announced a landmark trade deal after nearly two decades of on-off talks,…
OBR chair Richard Hughes resigns over Budget day publishing error
Posted onArchie Mitchelland Rachel Clun,Business reporters BBC/House of Commons Richard Hughes said he took “full responsibility” for the shortcomings identified in the report; Rachel Reeves thanked him for his service The chairman of the Office for Budget Responsibility (OBR) has resigned following the Budget day error which saw a key document published early. Richard Hughes said…
Maduro says Trump wants Venezuelas oil. But is that the real US goal?
Posted onShanaz Musaferand Natalie Sherman AFP via Getty Images Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the South American nation’s vast oil reserves. This week the American military seized an oil tanker, which was allegedly carrying Venezuelan oil being shipped in violation of US…
