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Jet fuel bidding war breaks out as airlines confront ‘global stress test’ over shortages and cancellations

The continent must "fight for every cargo" in what analysts have dubbed a "global stress test" for the airline industry.

$200 oil – and two other scenarios – could tip the world into a recession, says this global bank

Oil prices reaching $200 — and two other scenarios — could tip the global economy into a recession, according to …

The key reasons why one bank now says U.S. stocks will outperform European equities

Earnings, consumer resilience, positioning and corporate buybacks are the fundamental pillars on which the HSBC call to upgrade U.S. stocks …

UK's biggest drugmakers see surprise profit bump, even as pharma grapples with U.S. policies

AstraZeneca and GSK, the U.K.'s second and ninth most valuable companies, both saw first-quarter profits beat expectations early Wednesday.

Oil prices extend multi-day rally as Trump issues new threat to Iran; Brent tops $115 per barrel

The latest move higher comes amid reports that the U.S. will look to extend its blockade of Iranian ports.

Meta told it's violating EU law by not doing enough to keep children off Facebook and Instagram

Children can create Instagram and Facebook accounts simply by inputting a false birth date, a preliminary EU investigation found.

‘I am her scapegoat’: My mother-in-law squandered all her money. Do we buy her a house so she’s not homeless?

“She blames me for her poor relationship with her son and grandchildren.”

Actor Patrick Dempsey recalls fond memories of his tiny home town in Maine

“Grey’s Anatomy” star Patrick Dempsey has lifted the lid on his childhood growing up in a quaint Maine town—revealing the …

Treasury yields little changed as investors await Fed decision

The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was broadly unchanged …

Will rates go higher in Europe this week? Central banks confront stagflation threat

The European Central Bank and Bank of England are expected to hold their nerve and stand pat on rates this …

Finland’s Kone to buy German rival TK Elevator in blockbuster $34.4 billion deal

The combination would create the world’s largest elevator maker and marks one of Europe's biggest takeovers in recent years.