News

  • BusinessReuters

    Analysis-Heavy oil shortage spells higher cost for shippers, road builders

    Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants. Heavy-sour crudes yield more residual fuel oils that are either upgraded into higher-value road fuels, or converted into marine fuels and bitumen. "The combination of tighter heavy crude and fuel oil supplies, as well as the

    4 min read
  • BusinessMotley Fool

    Plymouth Industrial REIT (PLYM) Q1 2024 Earnings Call Transcript

    PLYM earnings call for the period ending March 31, 2024.

    20 min read
  • BusinessMotley Fool

    Wendy's (WEN) Q1 2024 Earnings Call Transcript

    WEN earnings call for the period ending March 31, 2024.

    37 min read
  • WorldAssociated Press Finance

    Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers

    The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world over. With fewer tourists coming and difficulties rising in making international transactions, Iranian rugs are going unsold as some weavers work for as little as $4 a day.

    4 min read
  • BusinessBBC

    Apple sees biggest fall in sales for a year

    Apple's boss fought back doubts over the firm's future growth.

    2 min read
  • WorldReuters

    Iran says crew of Israel-linked ship freed

    Iran's Revolutionary Guards seized the container ship MSC Aries, with a crew of 25, in the Strait of Hormuz on April 13, days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus. Iran had said it could close the crucial shipping route. “The seized ship, which turned off its radar in Iran's territorial waters and jeopardized the security of navigation, is under judicial detention,” Amirabdollahian said, according to a foreign ministry post on X late Thurs

    1 min read
  • BusinessSimply Wall St.

    Restore's (LON:RST) Dividend Will Be £0.0335

    Restore plc's ( LON:RST ) investors are due to receive a payment of £0.0335 per share on 9th of July. The dividend...

    3 min read