OPEC+ agrees to extend deep oil production cuts into 2025
The group of oil-producing nations, OPEC+, has agreed a deal that would extend a critical portion of its oil supply cuts well into 2025, as it looks stabilise the market…
The group of oil-producing nations, OPEC+, has agreed a deal that would extend a critical portion of its oil supply cuts well into 2025, as it looks stabilise the market…
Eurostar will keep its monopoly on the Channel Tunnel for at least the next four years as Brexit red tape delays the launch of a rival service. Richard Branson’s Virgin…
Labour has refused to set specific targets on how far it wants to reduce net migration to the UK should it win the general election. Speaking with BBC’s Sunday with…
Jeremy Hunt has admitted he may lose his seat at the general election, telling his children that the prospect was “nothing to worry about – that’s democracy”. The Chancellor’s former…
The energy tycoon behind the £3.6bn takeover of Royal Mail’s parent company has pledged to turn the ailing postal service around or “go home”. Daniel Kretinsky, dubbed the Czech Sphinx,…
The chief executive of Vodafone has ruled out any more major deals as part of her strategy to simplify the sprawling telecoms giant and improve shareholder returns. Margherita Della Valle,…
Britain’s tourist tax is putting Gatwick at a “competitive disadvantage” to rival European hubs, the airport’s chief executive has warned. Stewart Wingate told the Telegraph the tourism tax was holding…
The European Central Bank is all but certain to be the first major central bank to cut interest rates this week as it shrugs off a rise in inflation and…
The owner of British Gas is facing a potential shareholder revolt this week over its chief executive’s £8.2m pay packet. Centrica boss Chris O’Shea said in January there was “no…
Real Madrid manager Carlo Ancelotti insists the Champions League winners are still not satisfied despite cementing their dominance in the competition with a 15th victory. The Spanish giants’ 2-0 defeat…