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Gas giants use AI to raise prices, lawsuit says, another algorithmic hit to the cost of living
A federal lawsuit alleging that gas companies in California are colluding to keep prices high through their use of AI-powered software…
Tag
prices
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Oil prices retreat to pre-war levels as vital shipping route reopens
FILE PHOTO - A sign showing fuel prices is displayed at a gas station. (is associated with: «Oil prices retreat to pre-war levels as vital…
Business
German solar firms see order surge as Iran war drives up energy prices
The Iran war has triggered an unexpected boom for Germany's solar industry as rising oil and gas prices prompt homeowners to invest in…
Business
UK inflation: Middle East tensions feed into retail prices
Retailers in the UK are starting to see early signs that geopolitical tensions in the Middle East are feeding through into supply chain…
Business
UK inflation rises after Iran war pushes up fuel prices
The UK inflation rate rose by 3.3% in the year to March, after the US-Israel war with Iran caused the largest jump in petrol and diesel…
Business
Amazon pressured Levi's, other retailers to hike prices, California A.G. says
Amazon wanted to sell Levi’s Easy Khaki Classic pants for $29.99, but Walmart had lowered the price, and the giant online retailer had…
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California's gas prices push Uber and Lyft drivers off the road
The highest gas prices in the country are making it tougher for some gig drivers to make a living. Gas prices have shot up amid the war in…
News
Airlines cut flights and hikes fares as fuel prices surge
Air India and Air New Zealand announced they will cut flights and hike fares as jet fuel prices surge due to the US-Israeli war with Iran.…
Business
'Spending more on gas than groceries:' Rising fuel prices drive more San Antonio families to the Food Bank amid Iran war
Rising gas prices are creating even more pressure on families already struggling to afford everyday essentials, which has led to a spike…
Business
Consumer Confidence Continues to Drop as Gas Prices Rise
Shoppers on their way to the mall are increasingly noticing prices at the gas station — and they’re not liking what they see. March…
Culture
Netflix prices are rising again, hitting $27 a month
Netflix prices in the U.S. are going up — again. For the second time in a little over a year, the streaming service will demand a few more…
News
Diesel prices in Germany surge to near record high
The price of diesel in Germany has risen by more than 12 cents in the space of two days amid the war in the Middle East, according to data…
Business
Higher oil prices not boosting Houston economy yet due to conflict with Iran, expert says
Here in the "Energy Capital of the World", you likely know that when oil prices are high, it can be beneficial for our local economy, even…
Business
Surge in jet fuel prices could push up air fares, analysts warn
A dramatic surge in jet fuel prices could push up costs for air travellers ahead of the summer holidays and even lead to flight…
Business
Oil prices slide 2% to two-week low on talk of progress in US-Iran talks
Investors are closely watching US-Iran relations as any escalation or conflict could lead to Iran closing the Strait of Hormuz Oil prices…
Business
Gold prices dip on firmer US dollar
Gold edged lower on Monday (Feb 9) as the US dollar rose after bullion notched a more than 2 per cent gain in the previous session, as…
Business
Oil prices settle slightly higher
Oil prices settled marginally higher on Friday (Feb 13) after data showed an overall slowdown in US inflation, helping offset supply…
Business
Singaporeans flock to gold despite record-high prices ahead of Chinese New Year
Analysts attribute recent spikes in retail demand to wealth-preservation seeking rather than festive buying Festive demand for gold ahead…
Business
Malaysia’s solar leader to ramp up output as battery prices drop
Solarvest currently has around 1.2 GW of capacity in the South-east Asian country Malaysia’s biggest solar company Solarvest Holdings…
Business
TotalEnergies halves buybacks as low oil, gas prices weigh on profits
It echoes similar moves by its peers – BP has completely suspended buybacks, and Equinor has reduced them by 70% TotalEnergies will halve…
Business
Oil prices climb on worries of possible Iran-US conflict
Oil prices settled higher on Friday (Feb 6), reversing earlier losses as traders worried that this week’s talks between the US and Iran…
Business
Analysts lift target prices for Singtel after STT GDC deal - with highest upside over 10%
At least two brokerages have raised their target prices for Singtel, following the telco’s move to acquire a stake in data centre operator…
Business
Oil prices climb 3% as market awaits US-Iran talks
Opec members Saudi Arabia, Iran, the United Arab Emirates, Kuwait and Iraq export most of their crude via the Strait of Hormuz, mainly to…
News
Opec+ agrees to keep oil output unchanged as Iran tensions boost prices
They will raise production quotas by about 2.9 million barrels per day from April till December 2025, roughly 3% of global demand.…