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Gold jumps over 2% to extend rally for third straight session - Emirates 24|7
Gold jumps over 2% to extend rally for third straight session Emirates 24|7
Mike Ashley’s Frasers follows Hugo Boss bid with offer for Australia’s Accent
UK billionaire’s fashion group offers £166m for takeover of 77.1% of shares in shoe firm it does not already ownBusiness live – latest updatesThe retail billionaire Mike Ashley has launched his second takeover bid in a week, attempting to snap up Australian footwear business Accent Group, days after announcing a tilt at Hugo Boss.Ashley’s Frasers Group, which already owns the biggest single stake in Accent at 22.9%, said it will offer 65 Australian cents (34p) a share for the remainder of the bu...
Albanese signals fuel excise cut may be extended to help motorists paying more amid Middle East crisis
Prime minister flags an announcement following deliberations of cabinet’s expenditure review committeeAnthony Albanese has signalled the federal government is open to extending the temporary cut to the fuel excise to help cushion motorists from a months-long tail to the Middle East conflict.The prime minister also welcomed the announcement of a peace deal between the US and Iran to end the war and reopen the strait of Hormuz. Continue reading...
‘Eyes up, screens down’: Victoria restricts tech in high school classrooms to two hours a day in national first
Academic says laptops have ‘completely overtaken’ traditional note-taking and research other states should ‘absolutely’ follow the state’s leadFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastVictorian secondary school students will spend less time on screens and more time using pen and paper under a national-first plan to limit classroom device use to two hours a day.The Victorian government on Monday announced that all state seco...
US-Iran war impact: Wholesale inflation rises to 9.68% in May; higher fuel, food, power prices weigh
US-Iran war impact: Reflecting the impact of the US-Iran conflict, the Wholesale Price Index (WPI) inflation for the month of May rose sharply to 9.68% from 8.26% in April. This is the first WPI data under the revised base year series released by the government.
Oil prices plummet as Donald Trump announces peace deal and Strait of Hormuz reopening hopes rise
Global oil prices tumbled on Monday after Donald Trump announced a US-Iran peace agreement, fuelling expectations that the crucial Strait of Hormuz could soon reopen to commercial shipping.Brent crude fell 4.7 per cent to $83.24 a barrel, extending losses recorded on Friday and marking a sharp retreat from its May peak of $126.41.Despite the decline, the benchmark international oil price remains above the $70 level seen before hostilities began in late February.The latest fall left Brent at its...
Russia damages historic Kyiv cathedral in massive missile strike
Firefighters seen battling flames at Unesco-listed Dormition Cathedral after Moscow’s overnight attack
السر الذي جعله أغنى رجل في العالم: قواعد وارن بافيت للاستثمار التي لا تعرفها!
لقد أذهل وارن بافيت العالم بثروته التي تقدر بـ 100 مليار دولار، ولكن ما هو سر نجاحه؟ في هذا المقال، نستعرض القاعدة رقم 1 التي اتبعها بافيت لبناء ثروته الهائلة.
Unlocking the Billionaire Mind: Warren Buffett's #1 Rule for Getting Rich Revealed!
Discover the investing secret that has propelled Warren Buffett to a staggering net worth of over $100 billion. This simple yet profound rule could change your financial future forever!
Australia’s Sigma drops out of talks to buy UK’s Boots
End of discussions on takeover estimated at $10bn extends uncertainty for 177-year-old British chainBusiness live – latest updatesThe Australian pharmaceutical group Sigma Healthcare has dropped its pursuit of the UK retail chain Boots, abandoning a takeover estimated to be worth $10bn (£7bn).Sigma, a wholesaler and retailer, said on Monday that a deal to by the high street pharmacy business – which has 1,800 UK stores – would not meet its strategic and capital investment objectives. Continue...
PSX gains over 2800 points during intraday trade
The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 gained over 2,800 points during intraday trade on Monday as the US and Iran reached a preliminary agreement aimed towards ending a war that began over three months ago and crippled the world economy. The KSE-100 index rose by 2,836 points (1.65 per cent) from the previous close of 172,399 to reach 175,236 points at 11am . Last week, PSX remained in positive territory with the benchmark KSE-100 index crossing the 172,000-point mark as in...
Why Strait Of Hormuz Reopening Won't Instantly Fix Economic Issues
India is among the world's largest crude importers, and the opening of the Hormuz Strait will allay concerns over oil supplies, lowering freight costs and reducing inflationary pressure.
Can grandparents put £50k in Premium Bonds for my children, bank the prizes and gift them at 18?
Can grandparents put £50k in Premium Bonds for my children, bank the prizes and gift them at 18?See more This is Money on Google - save us as a Preferred SourceBy LEE BOYCE, EDITOR, THIS IS MONEY Updated: 07:35, 15 June 2026 e-mail 12 View comments
Court orders Indigo Paints to pay Rs 4.35 lakh for supplying defective paints
A Jammu and Kashmir consumer court has ruled in favor of a small paint trader, holding Indigo Paints liable for supplying defective products. The court rejected the company's defense that the transaction was commercial, stating small shopkeepers are consumers.
Oil prices slip to their lowest since March as US, Iran reach preliminary agreement to reopen Hormuz
Oil prices slipped to their lowest since March on Monday after US President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz. Brent crude futures fell $4.08, or 4.7 per cent, to $83.25 a barrel by 0415 GMT and US West Texas Intermediate was at $80.53, down $4.35, or 5.1pc. Both contracts fell to their lowest levels since March 10 on Monday after tumbling more than 3pc on Friday. The US and Iran...
Woman, Boyfriend Kill Husband For Insurance Money, Stage It As Accident
Telangana police arrest woman and boyfriend for killing husband to claim insurance.
Pakistan’s quarter-century Ponzi scheme, and the exit that has no architecture
Long before credit rating agencies existed, there was a simpler test of financial health: can a borrower pay interest from their income, or by borrowing more money? American economist Hyman Minsky gave the failed rating a name: Ponzi finance. And it is worth being precise about it. A Ponzi position is not high debt, or even rising debt. It is the specific condition in which you are paying your interest by borrowing more money. Pakistan has run Ponzi finance for a quarter of a century. From the l...
Oil prices drop and stocks enjoy cautious rally on US-Iran peace progress
There is cautious optimism on financial markets that a US-Iran peace deal will ease the hit to the global economy caused by their war.
US-Iran peace deal lifts markets: Asian stocks soar, dollar slides, oil tumbles & gold jumps 2%
Global markets surged as the US and Iran announced a framework agreement to end their conflict, leading to hopes of lower energy prices and easing inflation. The Strait of Hormuz reopened, causing oil prices to tumble and boosting investor appetite for riskier assets. Asian equities rallied significantly, while the US dollar weakened against major currencies.
Britain ‘faces deindustrialisation’ without relief from high energy prices, survey warns
Make UK says manufacturers’ feedback shows sector at risk of collapse as it calls on Treasury to take actionBritain’s industrial sector is at risk of collapse as thousands of companies warn that they could face bankruptcy within the next year because of high energy prices, according to an industry survey.The manufacturers’ body Make UK said the latest feedback from its members found that many would not be able to cope for much longer with energy costs that were twice the average in continental E...