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UniCredit Says Euro Stocks Resilient Despite US IPO Draw
UniCredit’s Global Head of Equity Capital Markets, Silvia Viviano, assessed potential global impacts of major US IPOs like SpaceX, predicting temporary liquidity drain but long-term benefits for European issuance if those deals succeed. Viviano speaks with Anna Edwards, Guy Johnson on 'Bloomberg: The Opening Trade. (Source: Bloomberg)
Odd Lots: Why the Price of Oil and Beef Makes No Sense (Podcast)
Whether it’s the price of a barrel of Brent crude or a pound of beef, it’s clear prices are skyrocketing for all kinds of goods and commodities. Price shocks and shortages are, if anything, the way consumers understand the economy right now — at the grocery store or at the gas pump. Certainly, current (and future) shocks can be explained by the closure of the Strait of Hormuz. But the environment is weirder than just across the board price increases: The price of corn has barely moved, for insta
Fuel gets Rs 3 costlier: Rise in inflation or no impact? What it means for India
Fuel prices in India saw their first hike in four years, with petrol and diesel increasing by Rs 3. This move aims to alleviate significant daily losses incurred by oil marketing companies, estimated at Rs 1,000 crore. While consumer inflation may see a slight uptick, the fiscal impact is considered minimal, with annual consumption expected to recover.
India Can Ride Out Disruption After Russian Oil Waiver Lapses
India’s oil refiners are expected to weather disruption in supply after the US allowed its waiver on Russian crude purchases to expire, thanks to weaker demand and available barrels from the US and the Middle East.
PSX loses 2,000 points during intraday trade as bearish momentum persists
The Pakistan Stock Exchange’s (PSX) benchmark index continued to witness bearish momentum on Monday as the market plunged by over 2,000 points during intraday trade. The KSE-100 index declined by 2,171.16 points or 1.31 per cent to stand at 163,424.91 points from the previous close of 165,596.07 points. Most Asian shares were lower in morning trade on Monday, extending slides in global markets, as the impasse in the Middle East drove oil prices more than two per cent higher. Investor sentiment h...
Emirates to create thousands of jobs with $5.1b mega engineering hub in Dubai South
Dubai: Thousands of jobs — from mechanics and engineers to administrators and specialists — are set to be created as Emirates Airline on Monday broke ground on a $5.1 billion (Dh18.7 billion) engineering mega-complex at Dubai South.The airline's Deputy President and Chief Operations Officer Adel Al Redha told Gulf News the scale of the project, which is said to be one the most ambitious aircraft maintenance and overhaul facilities in the world, means significant employment at every level once th...
Fuel price hike: How much petrol, diesel, PNG and CNG cost in your city today?
Fuel prices have risen by Rs 3 per litre for petrol, diesel, and CNG. This hike follows a surge in global crude oil prices driven by Middle East tensions. After nearly four years of stable rates, oil companies faced significant daily losses. Consumers will now see increased costs for everyday transport and household fuel.
Mouse Plague Drives Australia to Allow Potent Bait to Save Crops
Australia issued an emergency permit for the use of a powerful poison to halt a swelling mice infestation across several growing regions, as farmers grapple with the fallout from the Iran war and a looming El Niño.
Mastercard strengthens UAE SME ecosystem
At Mastercard, you have a reputation for championing small and medium enterprises (SMEs) around the world. Can you tell us more about your SME empowerment efforts in the UAE?SMEs are the backbone of the global economy and important drivers of innovation and the UAE is home ~a million small businesses. According to the Mastercard Economics Institute’s Economic Outlook 2026, the UAE also stands out for its high share of SME spending at 37 per cent and notable growth in SME e-commerce activity.The...
Water bills set to rise for 14,000 families in controversial new trial
Water bills are set to rise for 14,000 families in a controversial new trial.Water companies across England are preparing new billing trials that could see households with larger gardens, swimming pools and hot tubs charged significantly more under tiered pricing schemes.Affinity Water, which serves large parts of the South East, is preparing what would become the biggest experiment of its kind, potentially covering up to 14,000 properties across the Home Counties later this year.The plans follo...
India Weighs Options to Revive Stalled IDBI Bank Privatization
Indian authorities are exploring ways to revive interest from potential buyers after their long-running efforts to divest a majority stake in the $8 billion-valued IDBI Bank Ltd. hit a snag, according to people familiar with the matter.
New rule by UAE MOHRE: Private sector salaries must be paid on 1st of every month from June 1 - Emirates 24|7
New rule by UAE MOHRE: Private sector salaries must be paid on 1st of every month from June 1 Emirates 24|7
New rule by UAE MOHRE: Private sector salaries must be paid on 1st of every month from June 1 - Emirates 24|7
New rule by UAE MOHRE: Private sector salaries must be paid on 1st of every month from June 1 Emirates 24|7
Equity Bank Plans African Expansion
ast Africa’s biggest bank is ramping up efforts to double its regional footprint as the lender looks to diversify revenues. Equity Bank CEO James Mwangi spoke to Bloomberg's Jennifer Zabasajja on the sidelines of the Africa CEO Forum in Kigali, Rwanda. (Source: Bloomberg)
Iran War Fuels Bond Rout as Asia Markets Reel | Insight with Haslinda Amin 05/18/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
Iran war saddles global companies with $25 billion bill — and counting
The US-Israeli war on Iran has already cost companies around the world at least $25 billion — and the bill is climbing, according to a Reuters analysis. A review of corporate statements since the start of the conflict by companies listed in the United States, Europe and Asia offers a sobering look at the fallout. Businesses are grappling with soaring energy prices, fractured supply chains and trade routes severed by Iran’s chokehold on the Strait of Hormuz. At least 279 companies have cited the...
Shark Tank India judge Anupam Mittal shares thoughts on Oracle's 12,000 layoffs
Shark Tank India judge Anupam Mittal commented on Oracle's recent layoffs and rescinded job offers, attributing them to automation rather than financial issues. He advised professionals to assess their position on an employer's P&L statement, suggesting those in the 'cost column' are at risk, while those contributing to revenue or profit can leverage AI.
Robotphoenix Chairman on HK Debut, Path to Profitability
Robotphoenix Intelligent Technology Chairman Sai Zhang shares insights on the company’s debut on the Hong Kong Stock Exchange, a major milestone for one of China’s leading industrial robotics firms. Zhang also discusses its path to profitability amid elevated investor expectations. He speaks with Yvonne Man and Avril Hong on Bloomberg's The China Show. (Source: Bloomberg)
Global Bond Rout Deepens as Inflation Fears Hit Stocks | The Asia Trade 5/18/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Gold price prediction: Where are gold prices headed? Key levels to watch out
Gold price prediction today: Gold prices are expected to move towards consolidation in the coming days as well, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.