Oil prices climb after Trump dismisses Iran’s response to peace plan

Tamaño de fuente

Brent crude rises after US president calls overture from Tehran ‘totally unacceptable’Business live – news updatesOil prices have climbed after Donald Trump condemned Iran’s response to US proposals to end the war as “totally unacceptable”.The president’s rejection of Tehran’s overture in a post on his Truth Social platform triggered a jump in Brent crude, the international benchmark for oil prices, by as much as 4% on Monday to $105.50 a barrel, before easing back to settle at $103.50. Continue reading...

Continue reading on Guardian Business

This article was originally published by Guardian Business.

Noticias relacionadas

Business·ayer

Why more neurodivergence cases are reaching UK employment tribunals

UK employers are facing more employment tribunal claims involving ADHD and autism as awareness, diagnosis rates and expectations around reasonable adjustments rise. A Lidl case awarded Ryan Toghill more than £45,000 after the tribunal found his ADHD was not properly considered.

BBC Business

8 min de lectura

En desarrollo·ayer

British Gas Owner Centrica to Cut 1,300 Jobs, Citing Customer Preference for AI

Centrica, owner of British Gas, plans to cut 1,300 jobs (800 new, 500 confirmed) from call centres and back office over two years, citing changing customer behaviour towards digital channels. This comes as retail profits rose despite falling customer numbers and an expected £112m compensation payout.

Guardian Tech

2 min de lectura

Business·anteayer

Scotch Whisky Tariffs Lifted by US, Welcomed by Scottish Government

The Scottish government welcomed the US lifting tariffs on Scotch whisky exports, a move reciprocated for US bourbon and casks entering the UK. This follows an agreement after a state visit, benefiting an industry that lost £150m due to previous levies.

BBC Business

1 min de lectura

En desarrollo·anteayer

Volkswagen Reports Profit Decline, Cuts Revenue Forecast Amid China Sales Slump and Job Cuts

Volkswagen reported a 9.5% drop in Q2 operating profit and cut its annual revenue forecast by up to 3% due to a significant sales slump in China. The German carmaker is implementing a cost-cutting program, including plans to axe up to 100,000 jobs globally, facing union opposition.

Guardian Business

3 min de lectura

ÚLTIMA HORA·anteayer

Tesla Stock Plummets 13.5% After Disappointing Q2 Earnings

Tesla's stock plunged 13.5% after its Q2 earnings missed analyst expectations, revealing lower-than-anticipated profitability and negative free cash flow due to heavy investments in Robotaxi and Optimus, impacting the broader "Magnificent Seven" tech stocks.

Guardian Business

2 min de lectura

Business·anteayer

Online Sales Hit Five-Year High in June Amid Heatwave and World Cup

Online sales in Great Britain reached a five-year high in June, rising 1% month-on-month, driven by a heatwave boosting demand for air conditioners and outdoor products, and World Cup spending, according to the ONS.

Guardian UK

2 min de lectura