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Read the latest Business news, verified updates, explainers and analysis from Novexa News, with reviewed coverage organized for fast scanning and search.

Oil tanker moving through the Strait of Hormuz amid rising market tensions
Business
Oil Prices Jump as Iran Weighs Hormuz Vessel Ban

HOUSTON: Oil prices rose by more than $3 a barrel on Thursday on news that an Iranian parliament committee is reviewing a bill that would ban US and Israeli vessels from the Strait of Hormuz and fine violators up to a fifth of the value of

EasyJet aircraft on the tarmac at an airport
Business
EasyJet accepts Apollo bid in £5.7bn takeover move

Airline says it has accepted offer from Apollo Global Management after rival bidder Castlelake walks away EasyJet has formally agreed to a £5.7bn takeover from US private equity firm Apollo Global Management. The airline announced it had ac

Raleigh-branded bicycle displayed in a retail setting
Business
Raleigh owner enters insolvency after sale search fails

Fate of historic bicycle name in hands of administrators after Netherlands-based Accell Group fails to find buyer The bicycle company that owns the historic Raleigh brand has started insolvency proceedings after failing to find a buyer. The

Nintendo game console and controller shown in a business news illustration
Business
Nintendo profit jumps after US tariff refund

Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales drop Nintendo has reported a jump in profits, as the Japanese game maker’s earnings were buoyed up by a long-awaited refund on Donal

Persimmon-branded new homes development in the UK housing market
Business
Persimmon raises outlook on stronger UK housing demand

Firm lifts outlook, saying it is well placed to benefit from PM’s focus on new homes despite cost pressures from Iran war The UK housebuilder Persimmon has lifted its outlook for the full year, saying it is “well-placed” to benefit from the

People standing and drinking inside a busy London pub in Soho
Business
Westminster council backs ban on standing at Soho pubs

Sadiq Khan criticises Westminster council’s ‘anti-growth policies’ after it recommends stopping ‘vertical drinking’ Waiting at the bar and trying to catch the bartender’s eye so you can order a pint, before going to stand with your friends

Cargo containers and shipping cranes at a US port reflecting the impact of tariff policy
Business
US refunds $100bn in Trump tariff repayments

More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal Business live – latest updates The Trump administration has refunded about $100bn from the tariffs it collected before the US supreme court ruled

Washington Spirit players in a match during the NWSL season
Business
Washington Spirit ride stability to NWSL success

International talent and one of US’s most marketable players to fore as league approaches business end The National Women’s Soccer League (NWSL) is just past the midway point of its 14th regular season, with 12 of 30 games remaining in the