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Oil prices fell to their lowest level in two weeks as diplomatic efforts between Iran and the US to end their eight-month war showed signs of progress, boosting airline stocks and lowering borrowing costs.
The UK and EU have agreed on a draft deal to eliminate post-Brexit food export checks, potentially delivering £5.1bn in annual economic benefits and removing significant regulatory barriers for businesses.
Asda has appointed David Potts, former chief executive of Morrisons, as its new chief executive effective immediately as the supermarket chain contends with declining sales and intensifying competition.
The FTC and 20 states sued Dollar General, alleging the retailer systematically overcharged customers by charging prices higher than those displayed on shelves and in advertisements.
Yorkshire Water’s chief executive Nicola Shaw is stepping down following the company receiving the Environment Agency’s lowest environmental rating of one star out of four.
Nine major oil companies are projected to share over $95bn in profits during the third quarter, marking the second consecutive quarter exceeding that threshold, driven by Middle East conflict disruptions.
