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The war has reduced the passage of tankers through the strait to a trickle. Only 15 vessels have made the trip since Tuesday, compared to an average of almost 140 each day prior to the outbreak of the conflict, carrying a fifth of the world’s oil and gas supplies. Almost 800 ships have been left…
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Pritti MistryBusiness reporter Lush Most companies and bosses would squirm at the idea of being called “woke” and may even regard it as an insult. But not Mark Constantine. Lush’s outspoken co-founder and chief executive wears it like a badge of honour and is not ashamed of turning it into a business philosophy. The firm…
Trade deal: India and EU announce FTA amid Trump tariff tensions
Abhishek 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,…
The one measure that can tell us a lot about the state of the UK economy
Faisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
