As major companies look at drastic ways to cut carbon emissions from corporate travel, airlines are bracing for a major hit to business-class travel, a key revenue driver, industry executives and experts say.

Dawdon coalmine in northeast England was abandoned three decades ago, but is being brought back to life as the unlikely setting for a green energy revolution.

Boris Johnson has turned to former Tesco boss Dave Lewis to fix supply chain problems that have hit the British economy and sparked criticism of the Prime Minister’s response.

The United Kingdom and the six Gulf Cooperation Council states have begun preliminary talks on a free trade agreement, Bahrain said, as London seeks to bolster its trade position post-Brexit.

A global deal to ensure big companies pay a minimum tax rate of 15 per cent and make it harder for them to avoid taxation has been agreed by 136 countries, the Organisation for Economic Cooperation and Development said on Friday.

Oil prices extended losses from the previous session on Thursday, as the United States said it was considering selling oil from its strategic reserves and as Russia said it was ready to stabilise the natural gas market.

German industrial production fell more sharply than expected in August, official data showed Thursday, as supply chain frictions weigh heavily on Europe’s biggest economy.

Australia’s resources minister has proposed setting up a government-run A$250 billion ($180 billion) lending facility for the country’s coal industry in return for supporting a net zero carbon emissions target for 2050, he said on Thursday.

General Motors Co Chief Executive Mary Barra told investors Wednesday the automaker plans to double revenue by 2030, expanding profits from combustion vehicles as it rolls out new electric vehicles and new digitally-powered services in a bid to catch up with Tesla Inc.

British business leaders on Thursday criticised Prime Minister Boris Johnson for lacking a plan to deal with a labour shortage crisis, after he called for them to pay higher wages.

World food prices rose for a second consecutive month in September to reach a 10-year peak, driven by gains for cereals and vegetable oils, the United Nations food agency said on Thursday.

The European Union will launch public consultations this month on reforming budget rules that cap members’ debt but were suspended due to the pandemic, the EU economic affairs commissioner said Tuesday.

British Prime Minister Boris Johnson rallies his Conservative party faithful on Wednesday, vowing a far-reaching overhaul to wean the UK economy off cheap foreign labour after Brexit.

Russia’s economic recovery will be stronger than expected this year but US sanctions, a poor vaccination rate and the central bank’s monetary tightening will all weigh on the growth outlook, the World Bank said on Wednesday.

Rising prices, supply chain disruption and staff shortages put the brakes on the recovery of Britain’s construction sector last month, a survey showed on Wednesday, adding to signs that economic growth has taken a hit recently.

German industrial orders fell sharply in August, after a record month in July, official data released on Wednesday showed, as global supply bottlenecks pinch the economy.

British supermarket giant Tesco on Wednesday posted surging first-half profit on the back of elevated pandemic sales and its  “resilient” supply chain.

The International Monetary Fund expects global economic growth in 2021 to fall slightly below its July forecast of 6 per cent, IMF chief Kristalina Georgieva said on Tuesday, citing risks associated with debt, inflation and divergent economic trends in the wake of the Covid-19 pandemic.

Britain’s government bond market is showing signs of strain from the country’s energy crisis, with headlines about gas prices sparking heavy selling this week - a new development that points to growing unease over inflation expectations.

Trading volumes at major cryptocurrency exchange Binance soared between July and September, suggesting a recent crackdown by regulators across the globe has had little impact on the platform’s business.