Dense, sticky and heavy: why Venezuelan crude oil appeals to US refineries South American nation’s tar-like oil is what many Gulf coast facilities were built for but ramping up production to 3m barrels a day will be a long game
Prax Lindsey oil refinery bought out of administration by US rival Insolvency Service says 250 staff remaining at Lincolnshire site will be guaranteed jobs until the end of March
US energy stocks rise as Trump vows to unlock Venezuela’s oil Oil price rises despite fears US president’s pledge could deepen global supply glut
‘Blood in the water’: Bari Weiss’s chaotic first three months in charge of CBS News Weiss is embroiled in her first major controversy as editor in chief as her handpicked anchor takes evening news show
Aldi reports record Christmas sales after shoppers moved to cut festive grocery bills UK’s fourth-largest supermarket’s sales rose 3% with 5.5m bottles of fizz and 500,000 turkeys sold
Are UK buy-to-let landlords dying out – and should we care? Higher taxes and tougher regulations have led to the disappearance of tens of thousands of rental properties
Ban on TV junk food advertising before 9pm comes into force in UK Watchdog will also monitor online ban for high fat and sugar products as part of wider effort to tackle childhood obesity
Collapse of ‘zombie’ UK firms forecast to fuel unemployment in 2026 Businesses being hit by rising cost of interest rates, energy costs and wages, says Resolution Foundation
HSBC becomes first big UK lender to cut its mortgage rates in 2026 Reduction follows Bank of England’s base cut in December, with further cuts expected this year
The government probably took too much of your paycheck this year – here’s how to get it back Trump’s tax bill carved out several areas for tipped workers and older adults, among others, to lower their tax bills
Battery electric cars will overtake diesels in Great Britain by 2030, analysis suggests London predicted to be the first UK city to go diesel-free, largely because of the ultra-low emission zone
The cost of AI slop could cause a rethink that shakes the global economy in 2026 Revenues may be rising rapidly, but not by nearly enough to cover the wild levels of investment under way
From the AI bubble to Fed fears: the global economic outlook for 2026 Analysts and investors voice caution about tech valuations and Trump’s influence on the US central bank
What role could the US play in Venezuela’s ‘bust’ oil industry? Experts say lifting production to former levels could take decades and huge investment will be needed
Digital wallet fraud: how your bank card can be stolen without it leaving your wallet Fraudsters use phishing to steal card details, which fund a spending spree using Apple Pay or Google Pay