Economy

Eurozone inflation soars to 3% as Iran war drives up energy prices

ECB keeps interest rates on hold as growth stumbles and price rises gather pace, up from 2.6% in March and 1.9% in February

Could the UAE’s shock exit from Opec cause an oil price war?

A standoff between Gulf oil giants Saudi Arabia and the UAE could cause greater market volatility for years to come

Trump to lift tariffs on scotch whisky after king’s US visit

President says decision made ‘in honor of the king and queen’ as industry officials call deal ‘significant boost’

The $13bn World Cup: how the numbers stack up on Fifa’s 2026 balance sheet

The earnings from the tournament in the US, Mexico and Canada will make it the most lucrative competition in the history of sport, even if some of the 48 competing countries say they are struggling to make ends meet

All World Cup teams poised for tax exemption after Fifa talks with US treasury

Fifa is poised to secure a last-minute tax exemption for all 48 World Cup qualifiers after intensive negotiations with the US treasury.

When it comes to wines, it pays to look beyond the fashionable

With ‘oeno-flation’ as it is, it’s hip to be square and branch out into less exclusive – and cheaper – varieties from often overlooked regions