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Petrol, diesel price hike: Congress targets Centre, takes 'inflation man' swipe at PM Modi
Fuel prices have seen their second hike in less than a week, with petrol and diesel increasing by approximately 90 paise per litre. This follows a nearly four-year freeze by state-run oil companies, with prices now reaching their highest levels since May 2022. Opposition parties allege the freeze was timed to end after state elections.
Green steel may save India $1 trillion in coal imports: Report
Washington: India’s shift towards green steel production could help the country avoid nearly $1 trillion in long-term coking coal import costs and strengthen its position in future export markets, according to a new study released by the India Energy and Climate Center (IECC) at the University of California, Berkeley.The report said India’s next phase of steel expansion could otherwise lock the country into around six billion tonnes of coking coal imports over the next four decades if convention...
Asia Group's Lin on Putin’s China Visit, US-China Ties
The Asia Group China Country Director Han Lin unpacks the geopolitical and economic significance of Russian President Vladimir Putin’s visit to Beijing. He also explores the evolving dynamics of US-China relations. He speaks with Haslinda Amin on "Insight with Haslinda Amin." (Source: Bloomberg)
Are consumers cracking under the weight of high prices? We’re about to find out.
ConsumerAre consumers cracking under the weight of high prices? We’re about to find out.Quarterly earnings from Home Depot, Lowe’s, Walmart and Target this week will offer one of the clearest reads yet on how U.S. consumers are holding up. Listen to this article with a free account00:0000:00The Home Depot will report quarterly earnings Tuesday.Dave Berman / USA Today Network via Imagn ImagesShareAdd NBC News to GoogleMay 19, 2026, 12:05 AM EDTBy Allie CanalFour of America’s largest retailers wil...
Belfast harbour operator to invest £1.3bn as NI economy grows
Port has upgraded offshore wind facilities and is to expand quays, ferry terminals and cruise ship servicesThe operator of Belfast harbour plans to spend £1.3bn over the next 25 years to take advantage of strong economic growth in Northern Ireland, in what would be one of the largest non-governmental investments in the region’s history.The Belfast Harbour Commissioners said the money would be spent on upgrading the port, with the possibility of residential property developments that could add an...
Formentera Partners on Oil Markets, Iran War Impact
Bryan Sheffield, Managing Partner at Formentera Partners, discusses the impact from the Iran war and outlook for the energy market. He speaks with Paul Allen from the sidelines of the Australian Energy Producers Conference in Adelaide. (Source: Bloomberg)
US Yields Flirting With 2007 Highs Entice and Divide Investors
A surge in longer-maturity US Treasury yields is testing the resolve of global bond investors torn between the possibility of locking in the rates near to the highest levels in decades and the risk of an even greater selloff.
PM Modi's Gothenburg Gambit: India Courts European CEOs In Sweden
The Gothenburg meeting was not taking place in isolation. It followed a series of landmark developments in India-EU relations, most notably the conclusion of the long-awaited India-EU Free Trade Agreement -- described by officials as the "Mother of a
Indonesia Kicks Off Latest Foreign Bond Sale as Pressure Builds
Indonesia started marketing its latest dollar bond offering Tuesday and flagged that a euro-denominated tranche may follow when London markets open, as the Iran conflict stokes concerns about the nation’s economic vulnerability.
MST Marquee Kavonic on Energy Markets
Saul Kavonic, Head of Energy Research at MST Marquee, discusses his outlook for energy market prices amid the ongoing conflict in Iran. He speaks with Paul Allen on the sidelines of the Australian Energy Producers Conference in Adelaide on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Top shares to buy or sell: Stock market recommendations for today - check list
Stock market recommendations: Bajaj Finserv, and Tata Elxsi are the top stocks to buy as per Somil Mehta, Head of Retail Research at Mirae Asset ShareKhan’s recommendation for May 19, 2026. The expert has identified TVS Motor Company as a sell call:
Allianz’s Zeng on US Rates & Bond Yields
Allianz Fixed Income CIO Jenny Zeng warns bond markets may be somewhat overpricing inflation expectations. Meanwhile, she notes that while Fed hikes remain on the table, US energy independence and a gradually softening tariff impact could mitigate the need for dramatic action. (Source: Bloomberg)
Iron Ore Falls to Two-Week Low on China Steel Demand Concerns
MarketsCommoditiesIron Ore Falls to Two-Week Low on China Steel Demand ConcernsFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Bloomberg NewsMay 19, 2026 at 3:06 AM UTCBookmarkSaveIron ore fell for a fourth session in Singapore, the longest run of losses in almost three months, on concerns about a worse...
Metals Slide as US-Iran Situation Makes Outlook ‘Very Binary’
MarketsCommoditiesMetals Slide as US-Iran Situation Makes Outlook ‘Very Binary’FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Bloomberg NewsMay 19, 2026 at 2:59 AM UTCBookmarkSaveCopper fell as investors continued to fret about the global economy’s prospects, offering a lukewarm response to US Presiden...
India Raises Fuel Prices Again as Iran War Squeezes Refiners
India’s state-run refiners raised fuel prices for the second time in less than a week, as they grapple with economic losses after the Middle East conflict drove the cost of crude significantly higher.
Standard Chartered to cut thousands of roles as AI use increases
The UK-headquartered banking giant aims to move some of the effected workers to other roles in the business.
Bond Yields Gain Edge Over Nifty Dividends, Challenging Stocks
Patchy profits, foreign outflows and limited exposure to AI are hurting Indian equities.
Australia Urgently ‘Needs a Lot More Gas,’ Energy Executives Say
IndustriesEnergyAustralia Urgently ‘Needs a Lot More Gas,’ Energy Executives SayFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Keira WrightMay 19, 2026 at 2:30 AM UTCBookmarkSaveAustralia must invest in producing more natural gas to avoid a domestic shortfall later this decade, fossil fuel executives s...
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US approves $4.2 billion in helicopter sales to South Korea
The United States said Monday it had approved the sale of more than $4 billion in military helicopters to South Korea, which has vowed to buy more US weapons as it defends against the North.The State Department said it had given its approval for South Korea to spend $3 billion on 24 "Romeo" Seahawk naval helicopters, used to track and destroy submarines as well as land targets.The State Department also approved $1.2 billion in sales for upgrades in South Korea's Apaches, a backbone attack helico...
From Dh40 to CEO: The remarkable UAE journey of Ali Al Najjar
Dubai: Born in Abu Dhabi, forced to leave the UAE as a child, and returning years later on a bus from Jordan with almost nothing in his pocket, Ali Al Najjar transformed hardship into one of the UAE’s most inspiring corporate success stories. Speaking to Gulf News, Jordanian expatriates Al Najjar shared his story of rising from exchange house cashier to CEO of Al Ansari Exchange through discipline, resilience and relentless hard work.At 22, Ali Al Najjar arrived in Abu Dhabi after a 38-hour bus...