Latest

US farmers, firms flag higher costs even as Trump touts affordability
US farmers, firms flag higher costs even as Trump touts affordability
Economy
by  AFP

As biting prices weigh on families heading into the US holiday season, farmers and business owners say President Donald Trump's tariffs have driven up production costs on everything from turkeys to vegetables. Some small business owners say they struggle to survive, even as the year-end shopping season approaches.

UK allows new oil, gas drilling in existing North Sea fields
UK allows new oil, gas drilling in existing North Sea fields
Economy
by  AFP

Britain's government signalled Wednesday it could issue permits for oil and gas extraction around existing North Sea fields, despite a promise to halt licences for new production in the area. The government said it aims to "manage existing oil and gas fields for their lifespan and not to issue new licences to explore new fields".