The price of diesel hits a record high
Diesel prices have reached a record high of $5.85 per gallon, surpassing the previous record from June 2022, as international conflicts disrupt global fuel supplies and strain the industrial supply chain.
Record strength El Niño could mean bigger supermarket bills for Australians, experts warn
A record-strength El Niño could push Australian food prices higher, complicating efforts to control inflation as households already struggle with elevated grocery costs.
Chris Rokos: UK’s third-biggest taxpayer to leave for Greece
UK hedge-fund billionaire Chris Rokos, ranked third among Britain’s top taxpayers, plans to relocate to Greece, which offers favorable tax treatment for wealthy foreigners earning overseas income.
The U.S. is trying to reduce its reliance on China for batteries. Here’s what it’s up against
The Trump administration awarded $500 million to battery companies this August while canceling Biden-era EV support, but analysts say the funding is insufficient to challenge China’s dominant battery supply chain position.
‘Everything is against us’: Jaguar Land Rover suppliers voice fears amid carmaker’s cutbacks
Jaguar Land Rover announced 4,000 job cuts over two years, sparking concerns among suppliers and industry leaders about broader economic ripples across the West Midlands automotive sector.
Sapporo to move some production to US after 50% tariff
Japanese brewer Sapporo will relocate beer production from Canada to the US following implementation of a 50% tariff on Canadian beer imports.