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Trump Media and Technology Group Reports $406M Loss in Q1 2026 Despite Revenue Rise

Trump Media and Technology Group reported a $406 million loss in Q1 2026 despite a 6% rise in net sales, mainly due to non-cash losses from digital assets and bitcoin investments. The company plans a merger with TAE Technologies and aims to grow its platform.

3 min read

US Job Growth Surpasses Expectations for Second Consecutive Month

The US economy added 115,000 jobs in April, surpassing forecasts despite geopolitical tensions and energy shocks. Unemployment held at 4.3%, with mixed signals on wage growth and job market stability.

2 min read

British Airways to Raise Fares to Offset £1.7bn Fuel Cost Increase

British Airways plans to raise fares to offset a £1.7bn rise in fuel costs due to the Iran conflict, with IAG expecting to recover 60% of the additional expenses through revenue and cost management.

4 min read

US Jet Fuel Proposed for European Use to Address Potential Shortages Amid Middle East Conflict

European airlines are encouraged to use US-produced Jet A fuel to ease soaring prices and supply issues caused by the Middle East conflict, with safety guidelines issued by EASA to manage risks.

3 min read

Companies Profiting Billions Amid Iran Conflict and Energy Market Volatility

While the Iran conflict raises living costs globally, sectors like oil, banking, defence, and renewables are posting record profits amid market volatility and increased demand.

4 min read

Oil Prices Surge After US-Iran Clash in Strategic Strait of Hormuz

Oil prices climbed after the US and Iran exchanged fire in the Strait of Hormuz, raising concerns over the ceasefire and impacting global energy markets.

1 min read

Trump Sets July 4 Deadline for EU to Remove Tariffs or Face Higher US Duties

President Trump has set a July 4 deadline for the EU to remove tariffs or face higher US duties, amid ongoing trade deal negotiations and recent US court rulings challenging his tariffs.

3 min read

Meta Challenges Ofcom's Online Safety Act Fines Based on Global Revenue

Meta challenges Ofcom's fines under the UK Online Safety Act, disputing the use of global revenue to calculate fees and fines, and seeks judicial review over the regulator's methodology.

3 min read

Meta Challenges Ofcom Fees and Penalties in UK High Court

Meta is legally challenging Ofcom's fee and penalty calculations under the UK's Online Safety Act, disputing the regulator's methods as disproportionate and unlawful. The High Court will hear the case, with other tech entities expected to intervene.

3 min read

Average House Price in Jersey Drops 5% Over Past Year, Report Finds

Jersey's average house price has fallen by 5% over the past year to around £569,000, with property sales down 1% and rental transactions decreasing by 19 units.

1 min read

EU Confirms Airlines Must Compensate Passengers for Fuel Crisis Flight Cancellations

EU transport commissioner states airlines must compensate passengers for flight cancellations due to fuel shortages. Ryanair avoids cuts through fuel hedging, while others cancel flights amid soaring jet fuel prices caused by the Iran conflict.

3 min read

Iran Deal Optimism Lowers Oil Prices; Shell’s Profits More Than Double – Business Live

Oil prices fell below $100 amid Iran peace deal optimism. Shell's profits more than doubled, sparking calls for windfall taxes. Maersk faces rising fuel costs; Centrica buys Severn gas plant. Global markets rally on hopes for Iran war resolution.

9 min read