Soaring household energy bills sparked another sharp jump in inflation last month, worsening the Bank of England’s quandary over how to respond to conflicting pressures from rising price pressures and faltering growth. - The Times
A British court quashed a January ruling in favour of US giant Exxon Mobil by lifting a $12 billion freeze on assets owned by Venezuela's state oil company PDVSA, thus paving the way for challenges to similar rulings elsewhere. - France24
EasyJet today finally admitted it has been caught in the slipstream of a soaring oil price and will follow rivals Ryanair and British Airways with a dive in profits this year.
The budget airline, dominant at Gatwick and Luton airports, issued a profit warning indicating the cost of airline fuel will eat significantly into its earnings, which will now miss previous forecasts by a mile. - Evening Standard
The budget airline, dominant at Gatwick and Luton airports, issued a profit warning indicating the cost of airline fuel will eat significantly into its earnings, which will now miss previous forecasts by a mile. - Evening Standard
BMW, the world's leading premium car-maker, may launch an all-electric car as part of its strategy to cut greenhouse gas emissions and combat growing restrictions on urban traffic within big cities. - The Guardian
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