Thames Water hit with record £123m fine by Ofwat for pollution and dividend payouts
The national water regulator Ofwat has imposed a record £122.7 million penalty on Thames Water following two separate investigations into…
Gold regains ground after recent dip, but bullish momentum remains weak
Despite mixed signals, gold saw some buyers emerge on Wednesday, partially recovering from the significant losses of the previous day.…
Poland’s June 1 election hangs in the balance: what’s at stake
Poland elections are set to conclude this Sunday in a presidential runoff that’s too close to call. Pro-EU centrist Rafał…
How copper market remains vulnerable to supply chain concentration
Despite government’s attempts at diversification, the trend of increasing market concentration has persisted over the last year. The processing sector…
UK grocery inflation hits 4.1% as wage hikes and tax changes push up prices
British grocery inflation climbed to 4.1% in the four weeks to 18 May, the highest level in over a year,…
Russian central bank defends policy stance as oil volatility poses challenges
Citing low oil prices as a major risk, Russia’s central bank defended its strict monetary policy in a Wednesday report,…
German court dismisses Peruvian farmer’s climate case against RWE; sparks legal debate
A Peruvian farmer’s lawsuit against German utility RWE, seeking damages for alleged climate change risks to his home, was dismissed…
US hotels hit by decline in foreign bookings, but domestic travel cushions blow
The United States saw a steep decline in inbound international hotel bookings in April 2025, with the biggest drop coming…
Trump admin halts student visa interviews, plans digital background checks
On May 27, 2025, the Trump administration announced a policy shift by pausing the scheduling of new student visa interviews…
How billionaire Caltagirone could influence Italy’s banking M&A wave
MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector…