Saudi Arabia plans to raise the price of domestic petrol and jet fuel in January, part of a programme to gradually eliminate energy subsidies as the kingdom seeks to overhaul its economy and balance the budget, according to a person with knowledge...
Theresa May, together with her Government, “confuses the hell” out of the European Union and needs to “get unified” if it wants to succeed in Brexit negotiations, according to the head of the UK’s main business association. The damning appraisal by Paul Drechsler,...
The Human League vocalist, Joanne Catherall, has been kicked out of the Qantas business lounge in Melbourne for wearing the wrong kind of boots.  The 55-year-old singer is on tour with the band in Australia, and was en route to Friday’s gig...
A longtime ally of Donald Trump has already begun writing his political obituary. Political strategist Roger Stone is writing a book chronicling Mr Trump’s tumultuous presidency, and he already has a title: “The Fall of Trump”. That title, Mr Stone told Vanity Fair,...
IMAX is close to sealing a deal that could see it open cinemas in Saudi Arabia. The cinema technology firm’s chief executive Richard Gelfond said that he hopes to open up to 20 theatres in the conservative country within three years.  “We’ve heard...
More than eight years since the birth of bitcoin, central banks around the world are increasingly recognising the potential upsides and downsides of digital currencies. The guardians of the global economy have two sets of issues to address. First is what to...
Online supermarket Ocado has reported another quarter of double digit sales growth, but warned that a shortage of delivery drivers was hurting sales. The group recorded an 11.6 per cent rise in retail revenue to £373.8m in the 14 weeks to 3...
The woes of an early bitcoin investor. Until recently, people who paid virtually nothing for the virtual currency and watched it soar had only one way to enjoy their new wealth -- sell. And many weren’t ready. Lenders on the fringe of...
Two FBI officials who would later be assigned to the special counsel's investigation into Donald Trump's presidential campaign described him with insults like "idiot" and "loathsome human" in a series of text messages last year, according to copies of the messages. One...
A transition period after Brexit where the UK continues to accept EU rules would be a “price worth paying” for economic stability, an influential Commons committee has said. Cross-party MPs on the Treasury Committee said the Government should consent to a “standstill”...