Oil prices hike as OPEC+ producers cute output by 1.16M barrels
Oil prices have reportedly surged after Saudi Arabia and other OPEC+ providers made an unexpected round of supply cuts, a potentially troubling sign for inflation across the globe just days after a de....
Winter storm pressures U.S. power grid, holding utility firms unreliable
U.S. utility firms were reportedly unable to supply sufficient power during the harsh weather, further resulting in long blackouts across the whole nation. In the days leading up to Christmas, resi....
U.K.’s Morrisons to let go 80 maintenance suppliers, risking 1000 jobs
Morrisons, the U.K.’s first largest supermarket chain, has reportedly planned to fire at least 83 building maintenance suppliers, many of whom are based in its hometown of Bradford, jeopardizing....
Britishers rely heavily on food banks as cost of living crisis deepens
New findings show that more people are reportedly relying on food banks in the Britain than ever before, as a high number of families, including pensioners, NHS employees, and teachers are seeking ass....
UK: Sainsbury’s inks deal with Just Eat to instantly deliver groceries
Sainsbury’s, the second largest supermarket chain based in the UK, has reportedly inked an agreement with the instant food delivery platform Just Eat to ensure quick distribution of groceries fr....
UK seeks to bolster nuclear fuel production with a £50M fund
The business department of the UK has reportedly announced opening a £50 million ($60.3 million) nuclear fuel fund to boost production and promote the development of substitutes to Russian suppl....
S.Korea: High energy consumption validates electricity rate hike
Record-high energy consumption in Korea this winter, fueled by the ongoing harsh weather, is reportedly bolstering the case for rate increases in the following weeks, industry observers announced on S....
Humanitarian crisis in Sri Lanka on the verge of breaking out
The substantial fuel shortages that occurred earlier this year and the mass protests across Sri Lanka may seem eased; however, millions of Sri Lankans feel that the economic crisis is worse than ever.....
CartoCanada, GeoCue to supply Drone LiDAR Equipment & Software in Canada
Geospatial equipment supplier and consulting organization for surveying, engineering, mining, agriculture, forestry, and construction professionals throughout Canada, CartoCanada, has reportedly becom....