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RISING FUEL COSTS
Ambuja Cements’ profit slumps 90% on higher costs, high previous-year baseAmbuja Cements reported a 90% year-on-year profit decline to ₹236 crore in Q2 FY27 as rising fuel, logistics and operating costs squeezed m...
IndiGo may hike ticket prices to offset soaring fuel bills, says CEO Willie WalshAmidst escalating fuel prices that heavily strain profitability, IndiGo is looking at the possibility of raising ticket prices. The airline...
Iran war, rupee fall to push India airlines' losses to Rs 38,000 croreThe Indian aviation industry is expected to face significant financial challenges in the current fiscal year. A ratings agency has projecte...
UK Budget 2026 Highlights: Treasury chief John Healey presents his first budget, check latest updatesChancellor John Healey on Wednesday presented his first Budget focused on the rising cost-of-living crisis and energy prices. There were ex...
US cruise ship that charged up to $120,000 per person leaves around 200 passengers stranded in Cambodia, gives them just seven hours to disembarkThe Villa Vie Odyssey cruise ship has left around 200 passengers stranded in Cambodia as fuel costs continue to rise. After two years of un...
Airlines can't predict oil prices anymore. Travellers may be left footing the billAirlines globally face challenges in fuel cost hedging as prices remain elevated due to geopolitical tensions. Major airlines like AirAsia ...
200 passengers lose their homes at sea as US cruise ship ends global voyage amid rising fuel costsA US residential cruise ship, The Odyssey, has suspended its voyage in Cambodia after a sharp rise in fuel costs made operations financiall...
JetBlue shares surge 12% as airline seeks to calm financial concernsJetBlue Airways shares surged over 12% after addressing financial concerns despite reporting a larger quarterly loss. The loss was influenc...
Paper mills seek PM’s intervention as coal costs surge 50% in two monthsThe Indian Paper Manufacturers Association has appealed to the Prime Minister for assistance with inadequate coal supplies. Escalating coal...
Anthropic unveils its US IPO filing; puts AI ambitions, costs in spotlightThe prospectus highlights Anthropic's rapid growth over the past year, fueled by Big Tech's breakneck spending that has driven a rally in A...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
Holcim lifts guidance again on strong demandHolcim has increased its full-year guidance due to robust demand for sustainable building materials. The company reported a 17% jump in rec...
Donald Trump-Republicans or Democrats -- Who will win US Midterm elections 2026? Here's what survey polls say with 10 days to goUS midterm elections 2026: Out of 435 seats in the House of Representatives, Republicans have 218 seats, Democrats have 214, Independents h...
Why AI data centers are powering a boom in fuel-cell demandA fuel cell generates electricity through a chemical reaction between a fuel, such as natural gas or hydrogen, and oxygen, converting the f...
Trump's diesel price relief efforts grow costlier as election nearsWith the midterm elections approaching, President Trump is implementing various strategies to combat high diesel prices. These measures inc...
Gas prices in US hit $4.29 nationwide as California, Hawaii pay over $5; October on track for recordGas prices have climbed above $4 per gallon nationwide as the Iran war disrupts global oil supplies, putting October on track to become the...
Global Market: Japan’s core inflation accelerates, putting BOJ rate hikes in focusJapan’s core inflation rises to 2.1% in September, exceeding the Bank of Japan’s 2% target for the first time in nine months. Higher energy...
From $6 Diesel to Immigration Raids: What Michigan and Kansas Senate candidates told voters before Election DayCandidates in Michigan and Kansas addressed pressing issues such as rising fuel costs and immigration enforcement. As the midterm elections...
Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
As France erupts, Europe's far right gains from fuel-price anger ahead of electionsThe tractors rolling into the town of Gela on the southern tip of Europe are flying the Sicilian flag, emblazoned with Medusa, three bent l...