Business

Latest stories, analysis, and insights from the world of business.

Putin-Xi talks revive stalled Russian gas pipeline as Iran war rattles energy markets

Russian President Vladimir Putin and Chinese leader Xi Jinping are meeting in Beijing to discuss the long-stalled Power of Siberia 2 natural gas pipeline, as the Iran-U.S. conflict disrupts global energy supplies. The 2,600-kilometer pipeline would transport 50 billion cubic meters of gas annually from Russia to China, but pricing and financing terms remain unresolved.

May 20, 20265 min

gas-pipelinerussia-chinaenergy-markets

Dell Coupon Codes: 20% Off for May 2026

Find verified Dell coupon codes and promo codes for up to 20% off laptops, Alienware monitors, gaming desktops, and more tech products, with savings up to $600.

May 20, 20266 min

dell-coupon-codesdiscount-codestech-deals

As Putin-Xi meet, Iran war energy disruption puts long-stalled Russian gas pipeline back on agenda

Russian President Vladimir Putin and Chinese leader Xi Jinping are discussing the Power of Siberia 2 natural gas pipeline during their Beijing summit, as the Iran war disrupts global energy supplies and creates fresh incentives for an alternative overland energy route.

May 20, 20264 min

power-of-siberia-2russia-china-relationsnatural-gas-pipeline

Samsung Electronics Rejects Labor Union-Accepted Mediation, General Strike Set for May 21

Samsung Electronics has rejected a mediation proposal that was accepted by its labor union, setting the stage for a general work stoppage on May 21 as negotiations between the company and workers break down.

May 20, 20262 min

samsung-electronicslabor-strikelabor-union

Berlin-based bunch raises €30.1M Series B to modernize Europe's private markets infrastructure

Bunch, an AI-native platform for fund managers and institutional investors to manage the entire fund lifecycle, raised €30.1M in Series B funding led by Portage Ventures to modernize Europe's private markets infrastructure.

May 20, 20263 min

fintechprivate-marketsseries-b

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May 20, 20261 min

UK loosens Russian oil sanctions as fuel prices rise

The UK government has eased strict sanctions on Russian oil refined into diesel and jet fuel in third countries amid rising fuel prices and supply concerns following the closure of the Strait of Hormuz due to the US-Israel war with Iran.

May 20, 20264 min

uk-sanctionsrussian-oilfuel-prices

We found the real reason 70% of transformations fail

Corporate transformations fail at a 70% rate because leaders misunderstand how people actually change, not because employees resist change. By applying behavioral science principles and treating employees as customers of change, organizations can dramatically improve their odds of success.

May 20, 20266 min

corporate-transformationbehavioral-scienceorganizational-change

Boston-based CircuitHub raises $28M Series A led by Plural

CircuitHub, a circuit board manufacturing company that produces boards based on customer specifications, closed a $28 million Series A funding round led by Plural, enabling the startup to expand its manufacturing capabilities.

May 20, 20261 min

circuithubseries-afunding

Supermarkets urged to limit food prices by government

The UK government is urging supermarkets to voluntarily limit food prices on essential groceries like eggs, bread, and milk in exchange for easing packaging regulations. The proposal has drawn criticism from retailers, with the British Retail Consortium calling it "1970s style price controls."

May 20, 20263 min

food-pricessupermarketsinflation

Mamdani's New York is coming to tax your private jet. Here's how to prepare

New York City Mayor Zohran Mamdani is pursuing an aggressive wealth-taxation agenda that could soon target private jet owners through Port Authority surcharges or aircraft registration taxes. Private aviation professionals outline three realistic tax scenarios and strategies for operators to protect themselves.

May 19, 20266 min

private-aviationwealth-taxnew-york-city

Roblox authorizes its first share buyback program, aiming to repurchase up to $3B of its stock, including $1B over the next year; RBLX is down ~45% YTD

Roblox Corporation has announced its inaugural $3 billion share repurchase program, planning to buy back $1 billion worth of stock within the next year as the gaming platform navigates a challenging year with shares down approximately 45% year-to-date.

May 19, 20262 min

robloxshare-buybackstock-repurchase

Petrol hits highest price since start of Iran war

Unleaded petrol has risen to 158.52p a litre, its highest level since the start of the Iran war in February, driven by energy supply disruptions in the Middle East.

May 19, 20263 min

petrol-pricesfuel-costsiran-war

UK growth forecast upgraded by IMF but 'risks' remain

The International Monetary Fund has upgraded its forecast for UK growth in 2026 to 1% from 0.8%, but warned that the Iran war and domestic uncertainty could still impact the economy's performance.

May 18, 20264 min

uk-economyimfeconomic-growth

British Gas pays £20m to settle probe into force-fitting of prepayment meters

British Gas has agreed to pay £20m into a redress fund to settle an investigation into the forced fitting of prepayment meters on vulnerable customers, and will also write off up to £70m of energy debt.

May 15, 20262 min

british-gasprepayment-metersofgem

Six things we now know about the UK economy in charts

The UK economy showed surprising resilience in Q1 2026 with 0.6% growth despite the Iran war, outpacing other G7 nations. Economics editor Faisal Islam examines six key charts revealing the economy's health, sector performance, and emerging consumer confidence concerns.

May 14, 20264 min

uk-economygdp-growtheconomic-resilience

UK economy sees surprise growth in March despite Iran war

The UK economy grew by 0.3% in March, confounding analyst forecasts of contraction, as consumers and businesses brought forward spending ahead of expected price rises from the Iran conflict.

May 14, 20265 min

uk-economygdp-growthiran-war

Warning higher Europe air fares 'inevitable' due to Iran war

Higher ticket prices for air travellers in Europe are "inevitable" due to increased jet fuel costs caused by Middle East conflict disruptions, according to the International Air Transport Association, despite some airlines currently offering discounted fares.

May 14, 20264 min

airline-faresjet-fuel-pricesiran-conflict

Higher Europe air fares 'inevitable', says industry head

The head of the International Air Transport Association warns that higher ticket prices for air travellers in Europe are inevitable due to soaring jet fuel costs, despite some recent fare reductions driven by weak demand.

May 14, 20264 min

air-faresaviationjet-fuel

Higher air fares in Europe "inevitable", says industry head

The International Air Transport Association chief warns that higher ticket prices for European air travel are "inevitable" due to rising jet fuel costs, despite some airlines currently offering discounts to attract passengers.

May 14, 20264 min

airline-faresjet-fuelaviation

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