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May 15, 2026

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Business

Oman caught between US and Iran after Tehran claims joint strait of Hormuz plan

Muscat silent about plans – opposed by US – to charge fee and demand details on nationality of all transiting shipsOman has been caught in geopolitical crossfire after Iran said it was coordinating with Muscat over the future management of the strait o…

May 15, 2026
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Labor leaders call collective bargaining veto a ‘betrayal’ by Virginia governor

Union leaders say veto from Democrat Abigail Spanberger is an about-face from promises she made on campaign trailVirginia’s Democratic governor, Abigail Spanberger, vetoed a bill on Thursday that would have restored collective bargaining rights for 50,…

May 15, 2026
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Pound heads for worst week in 18 months as Burnham lines up Labour bid

UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worriesBusiness live – latest updatesThe pound was heading for its worst week in 18 months on Friday as City traders anticipated that the UK prime m…

May 15, 2026
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Tesco boss’s pay rises by more than £1m to £10.8m after market share surge

Ken Murphy’s pay could rise even higher following scrapping of food waste target and weakness of rivalsBusiness live – latest updatesThe boss of Tesco made £10.8m last year, about £1m more than the year before, as the UK’s biggest supermarket hit its h…

May 15, 2026
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UAE to complete second oil pipeline bypassing strait of Hormuz by 2027

State oil company fast-tracks previously undisclosed project, which is expected to double export capacityBusiness live – latest updatesThe United Arab Emirates has announced it will complete a new oil pipeline bypassing the strait of Hormuz by next yea…

May 15, 2026
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The Federal Reserve’s independence is hanging by a thread in the age of Trump

The president’s ultimate goal is to push the Fed – among other independent US institutions – to bend to his willJerome Powell, who stepped down this week as chair of the Federal Reserve, had his hits and misses. The Fed was late to react as prices star…

May 15, 2026
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Hopes grow that London Underground strikes could be called off

Tube stoppages due on two 24-hour periods from midday on Tuesday and Thursday next week but sources say RMT seeking talksHopes have been raised that next week’s strikes by London Underground drivers could yet be averted, after sources said the RMT unio…

May 15, 2026
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Heathrow could be forced to allow other firms to build third runway to cut costs

Under aviation regulator proposals rival companies would bid to design and build parts of airport expansionBusiness live – latest updatesHeathrow could be forced to allow other companies to design and build its third runway and new terminal after the U…

May 15, 2026
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Christopher Harborne, tycoon who gave £5m to Farage, enters UK rich list at No 6

Crypto billionaire goes straight into top 10 on Sunday Times list, with Noel and Liam Gallagher among other first-timersBusiness live – latest updatesUK politics live – latest updatesChristopher Harborne, the crypto billionaire who controversially gift…

May 15, 2026
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British Gas faces record £112m settlement over prepayment meter scandal

Redress to customers for force-fitting devices in homes includes £20m penalty and £70m of debt write-offsThousands of British Gas customers who had prepayment meters force-fitted in their homes will between them receive compensation and energy bill deb…

May 15, 2026
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  • Ten-term Democrat Steve Cohen drops House reelection bid after Tennessee redistricting May 15, 2026
  • American staffers told to ditch burner phones before leaving Beijing over fears of Chinese ‘spying’ May 15, 2026
  • I found the best early Memorial Day phones deals: Save big on Samsung, Google, Apple and more May 15, 2026
  • Democrats back Independents over own candidates in latest bid to beat Republicans May 15, 2026
  • Trump allies want to smash the Guinness World Record for biggest ever fireworks show on July 4: report May 15, 2026
  • Justice Dept. Aims to Use Terrorism Laws to Target Mexican Officials May 15, 2026
  • Five Italians Die While Scuba Diving Deep Caves in the Maldives May 15, 2026

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  • American staffers told to ditch burner phones before leaving Beijing over fears of Chinese ‘spying’ May 15, 2026
  • I found the best early Memorial Day phones deals: Save big on Samsung, Google, Apple and more May 15, 2026
  • Democrats back Independents over own candidates in latest bid to beat Republicans May 15, 2026
  • Trump allies want to smash the Guinness World Record for biggest ever fireworks show on July 4: report May 15, 2026
  • Justice Dept. Aims to Use Terrorism Laws to Target Mexican Officials May 15, 2026
  • Five Italians Die While Scuba Diving Deep Caves in the Maldives May 15, 2026

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