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Fuel protests 'being planned across Britain' as pump prices carry on soaring because of Iran war
Fuel protests 'being planned across Britain' as pump prices carry on soaring because of Iran warBy DAIL MAIL ONLINE REPORTER Published: 15:51, 12 April 2026 | Updated: 15:51, 12 April 2026 e-mail View comments
Richard Tice’s firm alleged to have broken law by failing to pay tax
Report says company did not pay tens of thousands in tax on dividends given to Reform UK deputy leader and trustRichard Tice’s company has been accused of breaking the law by allegedly failing to pay tens of thousands of pounds in tax on dividends that were paid to him and his offshore trust.Reform UK’s multimillionaire deputy leader is alleged to have received at least £91,000 in excess payments as a result, the Sunday Times reported. Dan Neidle of Tax Policy Associates – whose analysis was cit...
UK’s Reeves to set out plan to help businesses with energy costs
British finance minister Rachel Reeves will set out her approach to helping businesses struggling with high energy prices later this week in the wake of the ongoing conflict in Iran, she said in a piece in the Sunday Times newspaper. Britain is exposed to the economic fallout from the war, and Reeves has voiced frustration over the lack of a plan from the U.S. and Israel to deal with Iran’s closure of the Strait of Hormuz – a vital waterway for crude oil markets. The government...
Iran's Hormuz moves shake petrodollar's reign
The petrodollar has been central to sustaining America's seven-decade-long global hegemony built on a combination of military prowess, strategic alliances, and economic dominance. Since the 1970s, agreements between the United States and key oil-exporting countries, particularly Saudi Arabia, have anchored the international oil trade in the greenback. This arrangement created a structural demand for American currency, allowing the US to finance deficits, keep interest rates low, and wield di...
Financialisation of business firm
A business firm is said to be financialised when it involves in financial activities. In other words, a business firm permanently expands its financial activities. This permanent involvement gives rise to a long-run trend where shareholder value maximation takes the driving seat. Hence, the business firm orients itself for the benefit of shareholders. When shareholder value maximisation becomes the goal of the business firm, it deviates from the key goal of profit maximisation in production. Th...
Ending oil dependency cycle
With widespread damage to energy infrastructure in the Middle East, it is unclear how long global oil and gas markets will take to stabilise. What is already evident, however, is that the world will not return to the old normal, particularly for countries heavily dependent on energy imports from the region. The search for alternatives has effectively begun. For many, the most immediate and viable path lies in accelerating the shift towards renewables and domestic energy sources. In this contex...
Fuel protests in EU, UK only beginning — RDIF CEO
"Farmers will be the first wave, followed by industrial workers as deindustrialization accelerates, Kirill Dmitriev said
Hong Kong, mainland China sign ‘milestone’ MOU on promoting digital economy
Hong Kong authorities have signed a memorandum of understanding (MOU) with mainland China’s top internet regulator to promote the digital economy, with the city’s leader pledging to contribute to building a strong technological nation. The MOU was signed on Sunday by Secretary for Innovation, Technology and Industry Sun Dong and Wang Jingtao, deputy director of the Cyberspace Administration of China (CAC), and covers topics including artificial intelligence (AI) promotion, cross-boundary data...
Richard Tice faces demand to 'urgently explain' himself over £91k tax claim
Richard Tice faces demand to 'urgently explain' himself over £91k tax claimRichard Tice is facing demands to “urgently explain” himself over allegations his company broke the law by failing to pay more than £90,000 in taxCommentsNewsSophie Huskisson Political Correspondent15:05, 12 Apr 2026View 2 ImagesRichard Tice is facing demands to “urgently explain” himself over allegations his firm failed to pay tax(Image: PA)Richard Tice is facing demands to “urgently explain” himself over alleg...
Iran War Drives Oil Shock
As the conflict in Iran continues, there's growing concern about oil volatility and whether this is the beginning of a true supply disruption. Market Intelligence Founder & Director Amrita Sen joins Christina Ruffini and Tim Stenovec on Bloomberg This Weekend to discuss. (Source: Bloomberg)
Iran's Lavan refinery to restore 80% capacity within two months
Iranian Deputy Oil Minister Mohammad Sadegh Azimifar said that the war-damaged Lavan refinery will regain 80% of its pre-war capacity within one to two months, the semi-official Fars news agency reported on Sunday.
22 ships hit, 800 stranded in Hormuz, Al Jaber warns of supply shock
Dubai: Fresh figures shared on Sunday by Dr Sultan Ahmed Al Jaber point to a sharp escalation in disruptions across the Strait of Hormuz, with at least 22 ships attacked, 10 crew members killed and close to 800 commercial vessels now stranded, including almost 400 oil tankers.Sign up for our daily business newsletter, Cheques & Balances.Since February 28:* At least 22 ships have been attacked* 10 crew members have been killed* Around 20,000 seafarers are unable to transit safely* An estimated 80...
Update on three Grand National fallers with horse in equine hospital with neck fracture
Update on three Grand National fallers with horse in equine hospital with neck fractureThree horses required medical attention after the Grand National with Mr Vango remaining in equine hospital following a neck fracture at AintreeCommentsSportLiv Clarke Tourism writer, Bruna Reis Senior Sports Journalist and Adam Morgan Press Association14:27, 12 Apr 2026Updated 14:27, 12 Apr 2026View 2 ImagesMr Vango was one of three horses who fell at Aintree on Saturday(Image: PA)Health updates have been rel...
Oman launches bidding round for five oil and gas blocks
Oman’s energy ministry has launched a bidding round for five new oil and gas concession blocks as it seeks to attract investment and boost development of its hydrocarbon resources, the state news agency reported on Sunday. Registration opens immediately and will run until September 30, with results to be announced after technical and financial evaluation, the ministry was reported as saying.
Chasing the American Dream
A growing number of young people see themselves as "forever renters" because they can't afford to buy a home, due to short supply, higher mortgage rates, and incomes that haven't kept up with rising home prices.
Collapse of US-Iran talks heightens fears of prolonged energy shock
Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in Persian gulfMiddle East crisis live – latest updatesThe failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price rises.With large numbers of oil tankers remaining stuck in the Persian gulf, the US vice-president, JD Vance blamed the collapse of the talks on Tehran’s refusal to abandon its nuclear weapons programme, while Iranian so...
Years of drought has major energy port of Corpus Christi, Texas, wrestling with water crisis
The Texas city of Corpus Christi is facing a severe water crisis because of a prolonged drought, and it is a threat not just to residential use but also to the refineries and petrochemical plants in a major energy port
America's 'upper middle class' is surging: How much you must make to avoid being left behind
America's 'upper middle class' is surging: How much you must make to avoid being left behindBy KELLY GARINO, US REPORTER Published: 13:41, 12 April 2026 | Updated: 13:43, 12 April 2026 e-mail View comments
Nation's Top Banks Set to Release Earnings After Tough Quarter
The KBW Bank Index had its weakest quarterly performance since 2023, which is raising concerns about the banking sector's recent challenges ahead of the upcoming earnings report from Wall Street's six largest banks. Bloomberg Intelligence Senior Analyst Herman Chan and Bloomberg News Managing Editor Kristine Aquino provide insight on what investors might expect to Christina Ruffini and Tim Stenovec on Bloomberg This Weekend. (Source: Bloomberg)
World Bank Approves $500 Million to Support Jobs, Green Growth in Morocco
Agadir – The World Bank has approved a $500 million financing package for Morocco under the First Morocco Jobs and Green Growth Development Policy Loan, aiming to support employment creation and the country’s green transition. The program is the first in a series of three planned operations looking to advance Morocco’s jobs roadmap by expanding employment opportunities, strengthening labor market systems, and stimulating private sector development, particularly among small and medium-sized...