Category: 6. Business

The Iranian missile strike on a Bazan refinery last week provided the Revolutionary Guards with images that could boost morale among the Iranian public. However, it does not appear to have had a significant impact on Israel’s fuel market. Damage…

The boom in artificial intelligence risks widening inequality, with only a handful of companies and investors likely to reap its financial rewards, the BlackRock chief executive, Larry Fink, has said.

The boss of the $14tn (£10.4tn) asset manager…

Stock markets dipped across the board early on Monday, with traders nervous after another weekend yielded no real signs of deescalation in Iran or the wider Gulf region or a reduction in the rising energy prices the conflict is causing.

Several…

Fuel prices in southern Germany have risen less sharply since the start of the war in the Middle East than in other parts of the country, widening regional differentials — especially for heating oil.

Suppliers linked to the 310,000 b/d Miro…

The escalating conflict in the Persian Gulf (also referred to as the Arabian Gulf) involving Iran, regional actors, and Western powers has materially increased…

The boss of easyJet has said the war in the Middle East has started to hit flight bookings, while the soaring price of oil would probably mean a rise in air fares by the end of the summer.

The chief executive, Kenton Jarvis, said that while the…

Artificial intelligence could widen the problem of income inequality, said BlackRock CEO Larry Fink in his annual letter to shareholders.

And, while that might not be a particularly new…

Good morning.

The global energy crisis caused by the war in Iran is equivalent to the combined force of the twin oil shocks of the 1970s and the fallout from Russia’s invasion of Ukraine, the head of the International Energy Agency has said.