Business & Economy

G7 Weighs Emergency Oil Reserves as Prices Surge

Published: 09 March 2026. The English Chronicle Desk. The English Chronicle Online. Global energy markets were shaken on Monday as the price of crude surged beyond $100, prompting urgent discussions among leading economies. The sharp rise has been driven by escalating conflict in the Middle East, pushing policymakers to consider measures designed to stabilise supply and reassure financial markets. Officials from the Group of Seven nations are preparing to discuss...

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Oil Prices Surge Above $100 Amid Iran War

Published: 09 March 2026. The English Chronicle Desk. The English Chronicle Online. Oil prices surged dramatically this week as the growing conflict involving Iran disrupted global energy supplies. Within hours of new attacks across the region, oil prices climbed above one hundred dollars per barrel. This marks the first time oil prices crossed that symbolic threshold since the turmoil of 2022. Financial markets worldwide reacted sharply as traders anticipated prolonged...

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BrewDog sold Highland estate for knockdown price after abandoning reforestation plans

Published: 08 March 2026. The English Chronicle Desk. The English Chronicle Online. BrewDog, the self-styled “punk” beer company, has sold its Highland estate in Scotland for a surprisingly low price after abandoning plans to plant what it had billed as Scotland’s “biggest ever forest.” The company’s co-founder, James Watt, had promised that the Lost Forest project at Kinrara in the Cairngorms National Park would cover a “staggering area” and capture...

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Caffè Nero Warns Coffee Prices May Rise Again

Published: 08 March 2026. The English Chronicle Desk. The English Chronicle Online. Caffè Nero has announced steady global growth while warning that coffee prices could rise again. The company says rising operating costs and geopolitical tensions may increase prices in cafés. Executives also confirmed that expansion plans will continue across the United Kingdom and international markets. However, industry pressures are shaping how quickly the business can grow during the coming...

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Nissan Sunderland Plant Faces Uncertain Future Under EU Rules

Published: 06 March 2026. The English Chronicle Desk. The English Chronicle Online. The future of the Nissan Sunderland plant has become a major concern within the British automotive sector this week. Reports suggest the Japanese carmaker fears its flagship UK factory could face closure under proposed European industrial rules. Industry leaders say the situation highlights growing uncertainty surrounding trade relations between Britain and the European Union. According to reports circulating...

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Gulf shipping crisis sparks food price fears

Published: 05 March 2026. The English Chronicle Desk. The English Chronicle Online. The Gulf shipping crisis is sending shockwaves through global food markets. Analysts warn that prolonged disruption near the Strait of Hormuz could trigger sharp rises in fertiliser costs and household food bills. The effective closure of the narrow waterway off southern Iran followed weekend strikes by the United States and Israel. Since then, maritime traffic through the strait...

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Tim Wilson Sells Out Controversial Share Market Bet

Published: 04 March 2026. The English Chronicle Desk. The English Chronicle Online. The landscape of Australian political finance has shifted today as Tim Wilson announced he has finally closed his controversial investment position. This decision marks the conclusion of a saga involving a leveraged financial product that aimed to profit from a falling share market. While the move was initially framed as a protective measure during the early days of...

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Global markets face turmoil as Hormuz crisis deepens

Published: 04 March 2026. The English Chronicle Desk. The English Chronicle Online. The atmosphere across international trading floors remains incredibly tense as global markets continue to experience a significant and worrying downturn this Wednesday. Investors are reacting with deep skepticism toward recent attempts by the United States to stabilize the volatile situation. Even though Donald Trump has pledged military support to protect vital shipping lanes, his words have not calmed...

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Peak Greggs fears as profits tumble sharply

Published: 03 March 2026. The English Chronicle Desk. The English Chronicle Online. The phrase Peak Greggs is echoing across the high street this week. Investors are questioning whether Peak Greggs has quietly arrived after slowing growth. The bakery giant Greggs revealed a sharp fall in annual profits. The figures have reignited debate about the limits of its remarkable expansion. The company reported statutory pre-tax profits of £167.4 million. That represents...

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Grocery Inflation Rises Amid War Fears

Published: 03 March 2026. The English Chronicle Desk. The English Chronicle Online. Grocery inflation has risen unexpectedly across the UK, unsettling households already facing tight budgets. The latest figures show grocery inflation climbing to 4.3 percent in February. This marks a reversal after four consecutive months of steady decline. The change has revived concerns about rising living costs this spring. Analysts warn that grocery inflation could worsen if geopolitical tensions...

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