Shell tops forecasts as higher prices drive strong Q2 profit growth
Energy major Shell has launched a $3bn share buyback after more than doubling profits in the second quarter…
Rio Tinto half-year profits jump on higher commodity prices, demand
Mining giant Rio Tinto on Wednesday reported a jump in first‑half profit driven by higher metals prices and…
Higher commodity prices boost BP despite production dip
BP confirmed on Tuesday that higher commodity prices were set to boost second-quarter earnings, despite a fall in…
UK inflation holds steady at 2.8% in May
A person shields themselves from the rain while walking near the Bank of England building on the day…
Gold prices may rebound, Barclays says. Mining stocks to benefit
Gold prices have undergone a “reset” during the Iran war, according to Barclays, which is anticipating a rebound…
NSU to Charter Two Methanol Dual-Fuel Bulkers to Rio Tinto
The vessels are scheduled for delivery from 2028 onwards. Image Credit: NSU
Japanese shipping firm NS…
Bank of England could need to cut, not hike, interest rates: IMF
Commuters crossing a junction near the Bank of England (BOE), left, in the City of London, UK, on…
UK inflation jumps to 3.3% in March as fuel prices surge
Prices for diesel almost reach £2.00 a litre on March 31, 2026 in Long Stratton, England. Martin Pope…
IMF: Iran war will hit UK growth the hardest of any rich economies
The U.K. will suffer the biggest hit to growth of all the world’s richest economies because of the…