12:46
ILO Gig Economy Laws

ILO moves toward global rules for gig economy workers

The International Labour Organization (ILO) has begun its latest round of negotiations on creating the first binding global standards for platform-based work, covering services such as ride-hailing, food delivery and other app-based work.

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01:48
Energy industry

BP ousts chair over conduct in latest leadership upheaval

BP has removed its chair, Albert Manifold, with immediate effect, citing concerns over governance and conduct. The company said its board had unanimously decided that Manifold should no longer serve as chair or director.  

07:41
Explainer

SpaceX IPO revives debate over dual-class share structures

The dual-class share structure outlined in SpaceX’s initial public offering (IPO) filing, which gives chief executive Elon Musk outsized control, has reignited one of Wall Street’s longest-running debates over corporate governance.

12:45
Car Market

EV demand surges across Europe as fuel prices spike amid Iran conflict

Demand for electric vehicles has surged across Europe as elevated fuel prices linked to the Iran conflict push consumers toward new and second-hand EVs, according to data shared with Reuters. It is providing a boost to an auto industry that has struggled with slower-than-expected adoption.

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12:11

Global bond yields rise as oil prices fuel inflation fears

Government bond markets from Tokyo to New York extended losses on Monday (18 May) as rising energy prices linked to the Middle East conflict heightened inflation concerns and reinforced expectations that major central banks could keep interest rates higher for longer.

16:38
China-U.S. Tariff War

How America and China turned trade into a weapon

By the time American shoppers began noticing higher prices on everything from trainers to televisions, the world's two largest economies were already deep in a trade war that left the world wondering how it would end.

13:38
U.S.-EU Trade Tariff

Trump plans to raise tariffs on EU car imports to 25%

U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.

17:07
OPEC

UAE to quit OPEC in blow to Saudi Arabia

The United Arab Emirates has said it's quitting OPEC from 1 May, dealing a major blow to the oil producers’ group and its de facto leader, Saudi Arabia, amid disruption caused by the Iran war.

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