Business News

The owner of British Airways (BA) has warned of higher ticket prices as the closure of the Strait of Hormuz due to the Iran war has led to a sharp rise in oil prices.

Europe is facing a crisis over low jet fuel stocks due to the war in Iran, raising serious doubts over summer holiday plans.

The Post Office is seeking to delay the second Capture scandal case at the Court of Appeal, Sky News has learned.

Microsoft and Meta, the company behind Instagram and WhatsApp, are planning to make significant cuts to their respective workforces as spending on artificial intelligence (AI) finds a new high gear.

The multibillion-pound Paramount Skydance acquisition of Warner Bros Discovery has come even closer to becoming a reality after shareholders voted to accept the offer.

Donald Trump has threatened to impose "a big tariff" on the UK if it does not drop its digital services tax on US social media companies.

Tickets for this summer's football World Cup final have gone on sale for more than $2m each.

WH Smith has issued a profit warning and suspended shareholder payouts as the travel-focused retailer grapples growing travel disruption caused by the Middle East crisis.

Thousands of Samsung Electronics' workers have staged a rally to demand a greater slice of profits from the boom in artificial intelligence (AI) technology.