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Govt bars industries from buying petrol, diesel at pumps; mandates bulk purchase route
Centre has barred industrial, commercial and institutional users from purchasing petrol and diesel from retail fuel outlets, rather switch to bulk sellers. On Wednesday, the Ministry of Petroleum and Natural Gas issued the Motor Spirit and High Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026, directing oil marketing companies and fuel retailers to restrict bulk purchases from retail outlets for periods extending up to 90 days. The move comes as the government...
WH Smith to raise £100m as it warns on profits due to Iran war
Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East. The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down...
WH Smith to raise £100m as it warns on profits due to Iran war
Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East. The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down...
WH Smith to raise £100m as it warns on profits due to Iran war
Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East. The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down...
UK high street electrical store to close eight shops after 'difficult decision'
UK high street electrical store to close eight shops after 'difficult decision' The chain was founded 1921 by Frank Hughes but over a century since it first began, Hughes will shut eight stores as it looks to invest more into the online space An electrical appliances business will close eight stores this weekend as it prepares to invest more into its online space and remaining outlets. Hughes, founded in 1921 said some of its smaller retail stores across East Anglia would be shut. The first...
Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns
analysis Asia Rupiah slide and ‘Sell Indonesia’ stocks: Jakarta’s counter moves useful but experts flag deeper fiscal concerns Indonesia’s emergency interest rate hike and efforts to support the rupiah may have helped calm markets for now, but economists say investor confidence will not fully return unless the government addresses deeper concerns. Indonesia’s latest moves to steady the rupiah and calm the stock market may have helped arrest the immediate slide, but experts say the bigger...
I visited the newest Disneyland Paris park - two words sum it up perfectly
I visited the newest Disneyland Paris park - two words sum it up perfectly One iconic Disney movie now has its own official area at Disneyland Paris, and we got to enjoy the incredible opening ceremony as well as enjoying the brand new ride that Disney fans have been long anticipating It's difficult to believe that 13 years have passed since Frozen first graced our cinema screens. The adventures of Elsa and Anna soon became one of the most commercially successful animated pictures ever made,...
500 ethanol pumps by year-end: Union minister Hardeep Singh Puri
Around 500 ethanol dispensing stations (E100) will be set up in the country by Dec and 5,000 by 2027, petroleum minister Hardeep Singh Puri said Thursday. The move is aimed at accelerating penetration of flex fuel vehicles (FFVs). Puri made the announcement at launch of India’s first flex-fuel car — WagonR by Maruti Suzuki — which can run on ethanol blended fuel beyond the current 20% threshold, signalling a fresh push to put more ethanol at pumps and less imported fuel in vehicles.
Changing business of bread: Why Singaporeans crave artisanal loaves but still mourn the loss of heritage bakeries
Changing business of bread: Why Singaporeans crave artisanal loaves but still mourn the loss of heritage bakeries While modern palates crave new flavours, Singapore’s appetite for homegrown nostalgia in the form of old-school bakeries remains unchanged. SINGAPORE: When heritage bakeries and homegrown bread manufacturers close shop or move out of Singapore, it stirs up more than nostalgia as people love an “everyday staple” that comes fresh out of an oven, said food experts. That is why...
Enhanced road fuel monitoring report: June 2026
Enhanced road fuel monitoring report: June 2026 Impact of the conflict in the Middle East on UK road fuel prices, spreads and margins. This document provides an update on the Competition and Market Authority’s (CMA) monitoring of UK road fuel prices, retail spreads and margins.