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One year on: are the oil sanctions against Russia working?

It is exactly a year since the EU and G7 introduced the price cap on Russian crude oil

• 26 mins

Guyana’s military on high alert over oil

Guyana has put it’s military on high alert after Venezuela issued licenses to extract oil

• 26 mins

Italy pulls out of flagship Chinese project

Italy pulls out of China's flagship Belt and Road Initiative

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Brazil deploys troops to Venezuela border

Brazil moves troops near Venezuela – as tensions over oil-rich Guyana continue.

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Leaders meet at EU-China summit

EU leaders meet President Xi Jinping at summit in China.

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Dispute over Essequibo: What impact will it have on Venezuela's economy?

Diplomats scramble to try to cool tensions between Guyana and inflation-hit Venezuela

• 26 mins

US Jobless rate records 3.7% drop

Jobs growth in the US stronger than expected

• 26 mins

COP 28: Draft climate deal published, but does it go far enough?

The document has dropped references to phasing out fossil fuels

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COP28: Draft deal criticised as too weak on fossil fuels

The US and EU urge tougher action, calling for the draft deal to be strengthened

• 26 mins

COP 28 climate negotiations continue after backlash

Negotiations over a COP 28 draft agreement are continuing in Dubai

• 26 mins

COP 28: Will there be an agreement on fossil fuels?

A new draft deal is expected to be published overnight

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Argentina's economy: short-term pain for long-term gain?

Argentina has announced plans to devalue the peso by more than half

• 26 mins

Federal Reserve left interest rates unchanged

It gives signals that interest rates may be cut next year

• 26 mins

All eyes on Orban as EU leaders debate support for Ukraine

EU leaders are preparing for long discussions over support for Ukraine

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Ukraine moves closer to joining the EU

European leaders have opened membership talks with Kiev along with Moldova

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Hungary blocks EU aid for Ukraine at European Council meeting

Viktor Orban says he's prepared to stop any attempts to send EU cash to Ukraine

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Maersk halts shipping via Red Sea

Danish shipping firm pauses journeys after multiple attacks

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Companies pause shipping through the Red Sea

BP is the latest business to take the decision after attacks on vessels by Houthi rebels

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US wants to form coalition to protect ships in Red Sea

US wants to form maritime coalition to protect ships in Red Sea after Houthi attacks

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Naval task force to tackle Red Sea attacks

Operation Prosperity Guardian will protect vessels after attacks by Houthi rebels

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US calls for more support for maritime security in Red Sea

US wants more countries to join maritime security coalition in Red Sea

• 26 mins

Israel ships banned from Malaysia's ports

Government says measure is a response to the Israel-Palestine conflict

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US consumer confidence jumps to five-month high

US consumers are more confident about the economy according to a new report

• 26 mins

European court ruling could change football

Plans for a new European Super League are met with a mixed reaction from clubs

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Is there a market for the European Super League?

UEFA and FIFA lose Super League football case

• 26 mins

China tightens its rules for gamers

Shares in tech giants tumble as China limits video game spending

• 26 mins

US aims tougher sanctions at banks helping Russia

President Biden signs executive order targeting banks supporting Russia’s war in Ukraine

• 26 mins

World Business Report: A round up of 2023 stories

We examine some of our most interesting business and finance stories of 2023.

• 26 mins

Shipping companies ponder returning to the Red Sea

Major shipping companies ponder returning to the Red Sea despite attacks.

• 26 mins

Shipping firms look to return Red Sea route after attacks

Global shipping companies look to quick return to the Red Sea

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