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Trumps Venezuela oil meeting starts with few concrete promises
US President Donald Trump met with oil executives in Washington on Friday, as he pushed for major investments in Venezuela. But no major financial commitments were immediately forthcoming from the meeting, with the head of ExxonMobil warning the South American country was currently “un-investable”. Trump has said he expects big oil companies to direct “at…
Oil prices jump after Trump says Iranian ship seized
“Oil markets continue to gyrate in response to oscillating social media posts by the US and Iran, rather than the realities on the ground which remain challenging for oil flows to resume in a rapid fashion”, analyst Saul Kavonic from financial services firm MST Marquee told the BBC.
Why the US is buying icebreakers from Finland
Adrienne MurrayBusiness reporter, Helsinki Aker Arctic Technology Finland leads the world when it comes to the design and construction of icebreakers As President Donald Trump continues to insist that the US needs to own Greenland, his wider focus on the Arctic region has seen Washington order new icebreakers. For these ships, which can sail through…
Rachel Reeves backs Andy Burnham for prime minister
Reeves emphasised the importance of the next leader sticking to her fiscal rules, which include ensuring day-to-day spending is funded through tax revenue by the end of the Parliament and reducing debt as a proportion of GDP. Burnham has previously committed to keeping the current government borrowing and spending rules in place. “The last government…
