Topic
energy costs
SSE Airtricity Price Hike Highlights Sustained Wholesale Electricity Market Volatility
SSE Airtricity domestic customers in Northern Ireland will pay £71.57 more annually from 1 August, a 6.2% increase driven by sustained wholesale market volatility and higher wholesale costs, according to the company.
Business Markets Rise to 10-Week High as Easing Crude and Strong Banking Update Fuel Rally
Indian equity benchmarks rose to a 10-week high on Monday, driven by a sharp rally in HDFC Bank after a strong quarterly business update and a decline in crude oil prices. The Nifty and Sensex each gained 0.7% to close at 24,430 and 78,285 respectively, rising 2.4% in four sessions. Lower oil prices due to easing West Asia tensions also supported broader sentiment.
Business US gas dips below $4 again, yet household budgets remain under pressure
The US national average gas price dipped below $4 per gallon for the first time since the early weeks of the Middle East conflict, according to AAA. However, household budgets remain strained as inflation hits a three-year high and supply chain disruptions persist, with experts warning that higher prices for goods will continue through 2026.