Economy

Airlines still have to pay compensation if flights cancelled due to fuel crisis, EU says

Ryanair says that unlike others it will not be cancelling summer flights, as it hedged fuel contracts before Iran war

Gold and silver's historic rally could resume 'as fog of war lifts', market watchers say

On Thursday, spot gold jumped 1.2% to $4,750 per ounce amid hopes that the U.S. and Iran could be nearing a deal to bring the 69-day war to an end.

Reopening strait of Hormuz would have limited impact on cargo flows, says Maersk

CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customers

How the U.S. military and Maersk got a ship to pass through the Strait of Hormuz

Maersk CEO Vincent Clerc said the shipping giant had deliberately taken a "very cautious approach" during the Middle East crisis.

‘Now the village is dead. It’s awful’: why was one of Britain’s best pubs forced to close?

For 400 years, The Hare and Hounds in Bowland Bridge offered a warm welcome to locals and travellers. Then the rent doubled. With two pubs a day closing in England and Wales, can the community save this 17th-century gem?

Norway's central bank raises interest rates to curb inflation; European stocks end lower

The pan-European Stoxx 600 index ended Thursday's session in the red, reversing morning gains.

McDonald's CEO says consumer spending could be 'getting a little bit worse'

Shares of McDonald's have fallen 10% over the last year, hurt by concerns about the broader economy.

Oil prices edge lower as U.S. waits for Iran response to deal proposal

Oil prices edged lower as investors continue to assess the latest developments in the Middle East.

Japan's Nikkei 225 Tops 62,000 for the First Time as Asia Markets Look Past Trump’s Iran Threats

Asia-Pacific markets jumped, shrugging off renewed tensions in the Middle East.

DoorDash pops 12% on strong earnings, upbeat order growth guidance

DoorDash is in the middle of a massive spending initiative as it builds out a new tech platform following a string of acquisitions.

Iran War Threatens Jet Fuel Shortage That Could Disrupt Summer Travel in Asia and Europe

Oil executives have warned that the supply disruption in the Middle East will soon cause actual fuel shortages in some parts of the world.

This is what it costs investors to stay in cash

A recent analysis by BlackRock shows how much income investors are leaving on the table with cash compared to bonds.