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  • Eshe Nelson

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Oil prices rise and trading is halted in nickel after price surge.

Russia is a major producer of the metal used to make steel and electric car batteries.

Stocks Pare Losses, Even as the West Prepares Russia Sanctions

After tumbling early in the day, stocks in Europe reversed course. In the United States, futures for the S&P 500 fluctuated and the Nasdaq pointed...

U.K. Inflation Climbs to 5.5 Percent, Highest in 30 Years

The higher-than-expected reading has increased speculation that the Bank of England could raise rates again as soon as next month.

Omicron Stalled Britain’s Economic Recovery in December

Still, the impact was milder than feared and the country’s economy grew 7.5 percent in 2021, the fastest pace in eight decades.

From Liverpool to London, Inflation Means Tighter Wallets and Colder Homes

In Britain, prices are rising at the fastest pace in three decades. People on the lowest incomes are running out of ways to cut back,...

Britain Braces for Higher Rates as Bank of England Meets

The Bank of England is expected to raise rates, for second consecutive meeting, to help curb inflation.

U.K. Inflation Rate Climbs to Its Highest in 30 Years

The consumer price index rose to 5.4 percent in December from a year earlier, adding to concerns about painful months ahead for household budgets.

Brexit Import Rules Begin to Squeeze British Food Importers

For companies depending on fast, small deliveries, the costs of new Brexit trade rules are mounting.

British Cabinet Minister Calls for the End of the BBC License Fee

The fee makes up three-quarters of the public broadcaster’s income and is guaranteed until 2027. The government minister is reportedly planning to squeeze funding until...