Commodities
WTO chief warns of potential trade disruptions under no-deal Brexit
The World Trade Organization has warned the UK of possible trade disruptions under a no-deal Brexit scenario for the simple reason that there was not enough time beforehand to agree on tariffs and quotas with other WTO members.
"No clear sign" inflation accelerating past 2.0%, Fed's Powell says
There are no clear signs that the rate of growth in inflation is set to accelerate past the US central bank's 2. 0% target, Federal Reserve chairman, Jerome Powell, said at the start of the Fed's annual Economic Symposium in Jackson Hole.
ScottishPower to increase standard variable gas and electricity prices
ScottishPower will increase its standard variable prices for domestic gas and electricity from 8 October this year.
US core durable goods orders jump in July
Orders in the US for goods made to last more than three years were much weaker-than-expected last month, but wholly due to declines in the oft-volatile categories for both civilian and military aircraft.
British Airways and Air France-KLM to suspend flights to Iran amid US sanctions
Two of Europe’s biggest airlines have announced they would suspend their services to Iran claiming they are no longer commercially viable due to the latest US sanctions.