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High gas prices pushing more Americans to public transit
Rising gas prices are causing more Americans to ditch the car keys in favor of other forms of travel like public transportation. Tim McNicholas reports.
UAE strengthens position as global hub for company formation, entrepreneurship
ABU DHABI: The United Arab Emirates continues to reinforce its position as one of the world’s most attractive destinations for company formation and entrepreneurship, driven by an advanced legislative and regulatory framework, sophisticated digital and logistics infrastructure, and flexible economic policies that have enhanced its ability to attract talent, investments and startups, enabling it to compete with the world’s largest and most advanced economies.Specialists and company executives tol...
Bank Analyst Who Was StanChart’s Longtime Critic Is Now Its CFO
Standard Chartered Plc promoted a former banking analyst and critic of the lender, Manus Costello, as its chief financial officer, concluding a months-long search to replace Diego De Giorgi following his abrupt departure from the Asia-focused lender.
Oil prices up sharply as traders weighed ongoing supply disruptions, benchmark crude contracts further above the $100/barrel mark
Oil prices rose sharply on Monday (May 18) as traders weighed ongoing supply disruptions tied to tensions in the Middle East and tightening global inventories, pushing benchmark crude contracts further above the $100-per-barrel mark.US benchmark West Texas Intermediate (WTI) crude climbed $1.22 to $106.64 a barrel in early trading as of 9:24 am Tokyo time. Brent crude, the international standard, gained $1.03 to $110.29 a barrel. Get updated faster and for FREE: Download the Gulf News app now -...
Evergrande Liquidators Pursue Claims Against PwC in HK Court
China Evergrande’s liquidators head to court on Monday for the opening hearing of their lawsuit against PricewaterhouseCoopers International Ltd., in a case that will test the scope of claims against auditors of insolvent companies.
Australians Expect Budget Will Leave Them Worse Off, Poll Shows
Australians broadly expect the Labor government’s annual budget will leave them worse off, according to a new opinion poll, as Treasurer Jim Chalmers’ efforts to increase fairness while tackling inflation failed to gain traction with the public.
Grains Jump After US Says China to Buy Billions in Farm Goods
Grain futures in Chicago jumped on Monday after the White House announced that China had agreed to buy at least $17 billion annually in American agricultural produce through 2028, following US President Donald Trump’s meetings in Beijing last week.
Jeweler Bao Tin Manh Hai Eyes Vietnam IPO as Gold Market Evolves
Bao Tin Manh Hai Jewelry JSC, one of Vietnam’s largest gold retailers, is preparing for an initial public offering in the fourth quarter as it pursues an aggressive expansion plan and seeks to capitalize on gold reforms aimed at opening up the market.
Labor's Budget gamble has backfired spectacularly - and Australians are turning on Anthony Albanese: PVO
Labor's Budget gamble has backfired spectacularly - and Australians are turning on Anthony Albanese: PVO READ MORE: Angus Taylor soars ahead of Albo as preferred PM in new pollBy PETER VAN ONSELEN, POLITICAL EDITOR, AUSTRALIA Published: 00:27, 18 May 2026 | Updated: 00:27, 18 May 2026 e-mail View comments
Australia Orders Chinese Investors to Sell Stakes in Mining Firm
The Australian government has ordered six shareholders to sell their stakes in rare earths firm Northern Minerals Ltd., the second such intervention in two years as Canberra seeks to protect the company from China-linked investors.
Analytics firm connects bets made on war with signs of insider trading
60 Minutes Overtime Suspected insider accounts net $2.4 million on Polymarket Iran war bets with 98% win rate, firm finds .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-60-minutes-overtime.jpg'); } By Jon Wertheim, Jon Wertheim Correspondent, 60 Minutes L. Jon Wertheim is an accomplished journalist and 60 Minutes correspondent. Read Full Bio Jon Wertheim, Aliza Chasan, Aliza Chasan Digital Content Producer Aliza Chasan is a Digital Content Producer for "60 Minut...
Suspicious trades make millions with bets tied to U.S. military operations
60 Minutes - Newsmakers Online prediction market traders make millions betting on U.S. military operations .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-60-minutes.jpg'); } By Jon Wertheim, Jon Wertheim Correspondent, 60 Minutes L. Jon Wertheim is an accomplished journalist and 60 Minutes correspondent. Read Full Bio Jon Wertheim, Andrew Bast, Jessica Kegu May 17, 2026 / 7:17 PM EDT / CBS News Add CBS News on Google The war with Iran and the U.S. military opera...
High win rate of bets on military operations a likely sign of insider trading
Prediction market users are profiting from bets on war. Analysts say suspiciously timed bets, and the high win rates of wagers on military outcomes , are likely signs of insider trading.
Ten cheapest locations in Britain for first-time buyers - where £150K will get you on the ladder
Ten cheapest locations in Britain for first-time buyers - where £150K will get you on the ladderWant to buy your first home or move up the ladder? Sign up to the free This is Money newsletter for weekly updates on what you need to know By JANE DENTON, MONEY REPORTER Updated: 00:12, 18 May 2026 e-mail 3 View comments
Cost of war: Prices rise, darker days loom
MUMBAI: A packet of milk, a simple thali meal, packaged consumer goods, an air-conditioner that’s almost a non-negotiable purchase now for many households amid rising temperatures, a box of paint, gold jewellery, a restaurant feast or an air-ticket—the war has hit low income and middle class Indians, making them pay more for a lot of things that are part of everyday spends.
UK firms halt investments and hiring as Iran war pushes up costs, bosses warn
Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%The worsening fallout from the Iran war is forcing businesses to halt their UK investment and hiring plans, bosses have warned, as Britain enters a renewed period of political and economic instability.More than two months into the US-Israeli war on Iran, leading surveys of UK employers showed companies were increasingly prioritising cost management over growth as rising costs and global...
Government-backed Pensions Commission calls for action on gender savings gap
Body says, on average, British women approaching retirement have half private pension savings of men – £81,000 versus £156,000A shake-up of pensions in Britain must involve measures to close the gap in retirement savings between men and women, the revived Pensions Commission is to tell ministers.According to the government-backed body, women approaching retirement have on average half the private pension savings of men, with a median pension wealth of £81,000 versus £156,000. Continue reading...
Housing market sees ‘North-South divide’ amid ‘surprisingly strong’ confidence
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UK hotspots where Gen-Zs are getting on housing ladder revealed by lender
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UK has highest property tax burden of top economies, says report
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