Gas price relief on the horizon as global oil supply picks up, says IEA

A rise in global crude oil supply could put the brakes on surging gasoline prices that have hit record levels in parts of the United States and Europe. According to the International Energy Agency’s latest market report, global oil supplies jumped by 1.4 million barrels per day in October, with the United States accounting for […]


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Gas prices soar as Germany suspends approval for Nord Stream 2 pipeline

Natural gas prices in Europe soared on Tuesday after Germany confirmed that it has suspended the process of certifying a controversial new Russian pipeline called Nord Stream 2. The German energy market regulator said in a statement that it could not certify Nord Stream 2 as an independent operator because the company was based in […]


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Activision Blizzard CEO faces pressure from employees to step down after report

Activision Blizzard confronted its second employee walkout in less than six months after a report raised new questions about CEO Bobby Kotick’s knowledge of longstanding and widespread sexual harassment and discrimination allegations at the video game company. More than 100 Activision Blizzard employees staged a walkout on Tuesday calling for Kotick to step down as […]


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US sees strong jobs growth as wages edge higher

Firms added 531,000 jobs and the unemployment rate fell slightly to 4.6%, official figures showed. Hiring figures for September were also revised upwards. The spread of the Delta variant and slower growth had suppressed hiring over the summer, along with an apparent reluctance from parts of the workforce to return to work. That has left […]


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Climate change: Fridge doors could save 1% of UK electricity use

Aldi has pledged to put fridge doors in all of its new UK stores, saving 2,000 tonnes of carbon a year. Other supermarkets say they will try to make open fridges more efficient. But the Environmental Investigation Agency said supermarkets could cut their electricity bills by an average of 33% by adding doors. Each of […]


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Petrol, Diesel Price Drop after Several States Cut VAT. Check Fuel Rates

Petrol and diesel prices today, that is on Saturday, November 6, remained unchanged after a sharp fall following a dual tax cut across most of the country. The government had recently announced excise duty cut on the price of petrol and diesel in India. After this, several states, mostly ruled by the BJP, had joined […]


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JD Sports angry at secret filming of its boss

The move comes after it emerged that Mr Cowgill was filmed meeting Barry Bown, his counterpart at Footasylum. JD Sports bought Footasylum for £90m in April 2019 but last week was ordered to sell it by the competition watchdog. There are concerns that the meeting may have contravened competition rules. Both firms deny any breach. […]


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