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UK has highest property tax burden of top economies, says report
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Jane Street Doubles Capacity in Singapore as Expansion Rolls On
Jane Street Group LLC moved into a new Singapore office this month, doubling its seating capacity to 250 people as it continues to ramp up operations across Asia, said a person with knowledge of the matter.
Crime increasingly a ‘serious barrier’ to UK growth, say business leaders
British Chambers of Commerce survey shows firms ‘are dealing with rising levels of theft, fraud and cyber-attacks’UK business leaders have warned that crime is becoming an increasingly “serious barrier” to growing Britain’s economy amid a rise in shoplifting, fraud and cyber-attacks against companies.The British Chambers of Commerce (BCC), which represents tens of thousands of businesses across the country, called on the government to provide “a step change in the support businesses can count on...
Kharif output dips by over 10% across states in El Niño years: Study
El Niño's shadow looms over India's monsoon. Past El Niño years saw key kharif crops like paddy and maize suffer over 10% output reduction in numerous districts. This study highlights vulnerable areas and stresses the need for district-level climate-resilient planning. Policymakers are urged to strengthen contingency plans for drought-tolerant varieties and efficient water management to protect farmers.
NextEra Said to Discuss Paying About $76 Per Share for Dominion
NextEra Energy Inc. is discussing a mostly stock deal for Dominion Energy Inc. that would value the company at about $76 per share, or around $66 billion, making it by far the largest power deal on record, according to people familiar with the matter.
Households with bigger gardens face being penalised with higher water bills under new green plans
Households with bigger gardens face being penalised with higher water bills under new green plansGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE By SOPHIA STANFORD, NEWS REPORTER Published: 19:22, 17 May 2026 | Updated: 19:23, 17 May 2026 e-mail View comments
Vile tourist filmed hurling rock at Hawaiian seal then bragging 'I'm rich' offers astonishing excuse for his behavior
Igor Lytvynchuk, 38, was seen on video throwing a huge rock at a seal in Hawaii, as his attorney offered up a staggering excuse for the incident.
Dubai’s new ‘Green Corridor’ turns critical trade route during shipping disruptions
Dubai: Dubai Customs’ “Green Corridor” initiative was launched as an emergency trade facilitation measure. Within weeks, it evolved into one of the Gulf’s most significant alternative logistics routes, helping businesses reroute cargo away from disrupted maritime corridors while keeping trade flows moving across the region.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The initiative, activated in cooperation with Oman Customs in March 2026, came as regional...
Accidental bonanza: BMTC staffers get full 26-month arrears, then recall notice arrives
A technical error at BMTC's Yeshwanthpur depot-26 led to approximately 100 employees mistakenly receiving 26 months of salary revision arrears instead of the approved 11 months. The corporation quickly rectified the situation, contacting affected staff to return the excess payment through official channels, including a QR scanner at a temple bus stop office.
US college graduates face harsh job market amid economic uncertainty
Gov't funding cuts, war, tariffs and AI advancements intensify competition among recent graduates seeking stable jobs.
Jamieson Greer says China-U.S. Board of Trade will be "focused on trade in non-sensitive goods"
U.S. Trade Representative Jamieson Greer told "Face the Nation with Margaret Brennan" that the newly-announced Board of Trade between the U.S. and China will be focused on "non-sensitive goods" such as "sales of agricultural goods to China, energy goods, Boeings, medical devices."
India among fastest-growing steel market as global prices rise: Goldman Sachs
Global steel prices surged in April and early May, with India emerging as a fast-growing market. Hot rolled coil prices rose across major regions, led by Brazil. India's crude steel production saw an 11% year-on-year increase in March, outpacing global trends. China's steel output contracted, though capacity cuts are expected to be delayed.
Bahrain's private sector expat workforce rises 0.6% in two years
The number of expatriate workers in Bahrain’s private sector rose marginally between 2022 and 2024, while Bahraini employment recorded a stronger increase, according to Labour Ministry figures based on Social Insurance Organisation subscriber data.Expatriate employment increased by around 0.6 per cent over the past two-year period, rising from 464,304 workers in 2022 to 467,267 in 2024, the ministry said.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The numb...
For Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis
When Lior Susan started Eclipse Ventures in 2015, the firm’s thesis of digitizing the physical world wasn’t particularly popular in Silicon Valley. “It was the era of enterprise software and SaaS, and it felt fairly lonely the first couple of years,” Susan said on stage at a recent StrictlyVC event in San Francisco.
NVIDIA Earnings Anticipated Amid Supply Constraints and China Uncertainty
US President Donald Trump said he discussed guardrails on artificial intelligence with Chinese leader Xi Jinping, while adding that Nvidia Corp.’s H200 chips also came up during a two-day summit in Beijing. Meanwhile, investors will eagerly be awaiting earnings results from chip giant Nvidia, the world’s largest company by market capitalization, for signs of how much momentum the artificial intelligence rally has left in it after a bout of jitters. Bloomberg Tech co-host Ed Ludlow joined Christi...
Can New York City Tax the Rich Without Driving Them Away?
New York City’s effort to close a multibillion-dollar budget gap has triggered a high-profile clash between Mayor Zohran Mamdani and Wall Street leaders, including Citadel founder Ken Griffin. Mamdani’s proposed “pied-à-terre” tax on luxury second homes has become a flashpoint in a broader debate over whether the city should raise more revenue from wealthy residents or focus on restraining spending growth. Wall Street veteran Whitney Tilson, Partnership for New York City CEO Steve Fulop, and rea...
Just What Exactly Do Conservatives Think Inflation Is?
BusinessPolicyJust What Exactly Do Conservatives Think Inflation Is?ByJohn Tamny,Contributor.Follow AuthorMay 17, 2026, 10:00am EDT100 US dollar banknotes symbols of the global economy spread out on a table in Clermont-Ferrand France on June 12 2025. (Photo by Romain Costaseca / Hans Lucas via AFP) (Photo by ROMAIN COSTASECA/Hans Lucas/AFP via Getty Images)Hans Lucas/AFP via Getty ImagesJust as the left captured the formerly laudatory descriptor of “liberal,” economists have stolen “inflation.”...
National Gas Prices Near Record High
For decades — coincidentally, at least since the Iranian Revolution and hostage crisis of 1979-80 — the price at the pump has been a crucial lens through which Americans judge a president’s success or failure. In this conflict, the impact on gasoline prices matters more to individual Americans than the broader military campaign, the removal of Iran’s enriched uranium, or sending in ground troops. Bloomberg News Senior US Oil Reporter Kevin Crowley tells Christina Ruffini and David Gura this morn...
Shutdown of US’s largest commuter rail system enters second day amid strike
Disruption of Long Island Rail Road continues into second day after workers went on strike as Monday rush hour loomsThe shutdown of the Long Island Rail Road, North America’s largest commuter rail system, continued into a second day on Sunday after unionized workers went on strike for the first time in three decades a day earlier.The railroad, which serves New York City and its eastern suburbs, ceased operations just after midnight Friday after five unions representing about half its workforce w...
Etihad Credit Bureau launches ‘Tenant Inquiry’ service using UAE PASS - Emirates 24|7
Etihad Credit Bureau launches ‘Tenant Inquiry’ service using UAE PASS Emirates 24|7