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

Petrol price above 150p a litre for first time in nearly two years

The average price of petrol in the UK has surpassed 150p per litre for the first time since May 2024, largely attributed to ongoing conflicts involving Iran.

March 27, 20262 min
petrol pricesfuel costsIran conflict

He fled Apartheid South Africa at 25. Then he built a $13 billion Fortune 500 company.

Stanley Bergman, CEO of Henry Schein, reflects on leadership lessons after growing his company into a $13.2 billion global distributor.

March 27, 20265 min
Stanley BergmanHenry Scheinleadership

'Ripple of fear' over Iran war hits consumer confidence

UK shoppers are experiencing a decline in confidence due to concerns about the US-Israel war with Iran, as indicated by a recent survey. The economic outlook appears shaky, causing consumers to prefer saving over spending.

March 27, 20262 min
consumer confidenceIran warUK economy

Chubb’s CEO 25-page shareholder letter touches on China, AI, and the fragility of democracy

Evan Greenberg, the CEO of Chubb Group, shares insights in his comprehensive shareholder letter covering important global issues such as China, AI, and the current state of democracy.

March 27, 20262 min
ChubbEvan Greenbergshareholder letter

Oil prices fall as Trump says Iran let 10 tankers through Hormuz as a ‘present’

Oil prices dropped after President Trump stated that Iran allowed 10 oil tankers through the Strait of Hormuz as a goodwill gesture. Analysts warn the oil market remains fragile despite this development.

March 27, 20262 min
oil pricesTrumpIran

Melinda French Gates has a rule for conflict at work: Wait 48 hours before saying anything

Melinda French Gates shares her approach to handling workplace conflict, emphasizing a 48-hour waiting period before providing feedback to ensure clarity and integrity.

March 27, 20264 min
Melinda French Gatesworkplace conflictfeedback

JustEat and Autotrader under investigation in probe into fake reviews

The UK's competition watchdog is investigating Just Eat and Autotrader, along with three other firms, for potential violations related to fake online reviews.

March 27, 20261 min
Just EatAutotraderfake reviews

Private credit cracks open door for Wall Street banks’ comeback: ‘The tug of war is just starting’

Wall Street banks are poised to regain market share from private credit lenders as signs of strain emerge in the latter sector and banking regulations ease.

March 27, 20265 min
Wall Streetprivate creditbanking

Housing giant Fannie Mae to accept crypto-backed mortgages for the first time

Fannie Mae is set to allow crypto-backed mortgages, marking a significant shift in the mortgage industry.

March 27, 20261 min
Fannie Maecryptocurrencymortgages

Beyond oil: The crucial exports blocked by Hormuz closure

The closure of the Strait of Hormuz due to the US-Israel war with Iran is affecting global supply chains, pushing up prices of various essential goods such as fertilisers, helium, and pharmaceuticals.

March 27, 20265 min
hormuzglobal-pricesfertilisers

Anthropic wins preliminary injunction in fight with Pentagon

A federal judge granted Anthropic a preliminary injunction in its lawsuit against the Pentagon, challenging its blacklisting by the Trump administration.

March 27, 20263 min
AnthropicPentagonAI

EPA approves sale of higher-ethanol fuel in bid to lower gas prices

The EPA has temporarily lifted restrictions on higher-ethanol gasoline blends in an effort to reduce soaring fuel prices amidst the Iran war.

March 27, 20263 min
EPAethanolgas prices

NS&I boss replaced as savers left waiting for millions of pounds

The chief executive of National Savings and Investments has been replaced following a scandal involving delays in accessing funds for bereaved families.

March 27, 20263 min
NS&Isavingsfinancial security

UK forecast to see biggest hit to growth from Iran war out of major economies

The UK is expected to suffer the largest impact on economic growth among G20 nations due to the ongoing Iran war, with growth projections downgraded by the OECD. Increased energy prices and inflation are key concerns as global forecasts also reflect similar downgrades.

March 27, 20265 min
ukiran-waroecd

As TSA agents miss another paycheck, what's happening at airports with private security?

At 20 airports in the U.S., private security screeners continue to get paid amid the DHS shutdown. This raises questions about the future of airport security privatization.

March 27, 20261 min
TSAairport securityprivatization

Disney CEO’s no good, very bad week: Josh D’Amaro is dealing with 3 major headaches in his first week

Josh D'Amaro, Disney's new CEO, faces significant challenges in his first week, including the collapse of major partnerships with OpenAI and Epic Games, as well as a scandal involving ABC's 'The Bachelorette.'

March 27, 20264 min
DisneyCEOJosh D'Amaro

Two salon owners wanted to go zero-waste. Could they do it and keep their business afloat?

Scisters Salon & Apothecary in San Diego, California, is setting a new standard for sustainable beauty by committing to a low-waste operation and transforming their business model.

March 27, 20265 min
sustainable beautyzero wasteSan Diego

Gen Z’s credit scores are cratering—and Trump’s student loan crackdown is the biggest reason why

The Trump administration's aggressive restart of student loan collections is causing severe declines in Gen Z's credit scores, affecting their access to loans and job opportunities.

March 26, 20265 min
Gen Zcredit scoresstudent loans

How badly the war in Iran is impacting your finances depends on where you live

An analysis shows that the economic fallout from the war in Iran disproportionately impacts low-income households, especially in the South and Midwest, while wealthier regions face lesser effects.

March 26, 20265 min
Iranoil priceseconomy

Netflix confirms it’s raising prices again

Netflix is increasing prices for its subscription plans, with significant hikes in various tiers, including an increase to $19.99 for the standard plan.

March 26, 20262 min
Netflixsubscription pricesstreaming
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