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 readBritish 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 readEuropean 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 readWhile 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 readOil 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
