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Inflation Genie Has Been Let Out of the Bottle, BMO’s Davis Says

“We don’t believe hikes are on the table for 2026, definitely on the table for 2027,” says Earl Davis, head of fixed income and money markets at BMO Global Asset Management. He sees the Federal Reserve being “a solid two meetings away” from dropping its easing bias and expects markets to be focused on inflation in the fourth quarter of this year. (Source: Bloomberg)

खान से सोना निकालना हुआ महंगा... ईरान युद्ध ने बढ़ाया गोल्ड कंपनी का खर्चा, क्या और बढ़ेंगी कीमतें?

Emirates airline defies Iran war disruption to record profits

TravelNews & AdviceEmirates airline defies Iran war disruption to record profitsEmirates says it has restored 96 per cent of its global network since disruptions began Federico Maccioni Thursday 07 May 2026 12:13 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2972197...

US Awaits Iran's Response; China Asks Banks to Pause New Refiner Loans | Bloomberg Brief 5/7/2026

US equity futures gain and Brent crude falls for a third straight day as the US awaits Iran's response to a proposed deal that would reopen oil flows through the Strait of Hormuz. China advises its largest banks to temporarily suspend new loans to refiners recently sanctioned by the US over their ties to Iranian oil. Sitara Sundar of JPMorgan Private Bank discusses concentration risks in equities and the Fed's rate path. (Source: Bloomberg)

दिग्‍गज IT स्‍टॉक पर आया बड़ा टारगेट, 57% तेजी का अनुमान

IT

Fed’s Collins Favored Changing FOMC Statement With Dissenters

Federal Reserve Bank of Boston President Susan Collins said she agreed with colleagues who dissented at last week’s monetary policy gathering over wording in the Fed’s post-meeting statement that suggested the central bank would eventually resume rate reductions.

Blanche: "There are a lot of individuals who are citizens who shouldn't be"

Acting Attorney General Todd Blanche says the Trump administration has expanded efforts to revoke the citizenship of certain foreign-born Americans who allegedly obtained it through fraud. Blanche told CBS News immigration correspondent Camilo Montoya-Galvez, "There are a lot of individuals who are citizens who shouldn't be."

How to use your home to save money for your grandchildren

Your property wealth could be a means to help support the younger generation.

Pronto bags fresh $20 million funding, valuation jumps to $200 million

Pronto bags fresh million funding valuation jumps to million

Reopening strait of Hormuz would have limited impact on cargo flows, says Maersk

CEO of Danish shipping group says increased costs due to higher fuel bills passed on to customersBusiness live – latest updatesThe boss of the shipping company Maersk has said the reopening of the strait of Hormuz would have a “limited impact” on cargo flows, as the industry grapples with a sharp rise in energy costs.Vincent Clerc, chief executive of the Danish shipping group, said its fuel bill had nearly doubled since the start of the conflict, adding as much as $500m (£367m) in costs per mont...

‘Massive’ £200bn increase in funds needed to stop land around world turning to dust, UN warns

Exclusive: Some £260bn is required annually to tackle the escalating problem, with only £56bn currently mobilised – with an increasing risk of forced migration, conflict and hits to food chains that impact billions of people

Saudi Arabia Sees $10 Billion Lift From Joining Bond Indexes

The head of Saudi Arabia’s securities exchange said the inclusion of its domestic bonds in two global indexes could draw billions of dollars of fresh money to the local debt market, boosting the kingdom’s efforts to attract overseas capital for its economic overhaul.

CoreWeave’s Stunning Rally Creates Prove-It Moment for Earnings

CoreWeave Inc. shares are on a scorching run in 2026 as demand for computing capacity to power artificial intelligence keeps growing. But now investors want to see some proof that the neo-cloud provider is executing on its ambitious plans.

ROX bets on Abu Dhabi to build its global SUV business

ROX is building its global expansion strategy around Abu Dhabi, with the luxury SUV maker preparing to start production in the UAE and deepen local partnerships across manufacturing, materials, talent development and after-sales service.The company, which has established its global headquarters in Abu Dhabi, said its long-term strategy is closely aligned with the UAE capital’s industrial ambitions, particularly around advanced manufacturing, artificial intelligence, new energy technologies and e...

Google facing £3bn legal claim accusing it of monopolising display ads market

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Stock market ends flat as Sensex slips 114, Nifty stays above 24,300

Stock market ends flat as Sensex slips Nifty stays above

DP World launches cargo war risk insurance for Middle East trade routes

Dubai: Dubai-based logistics company DP World has launched a cargo war risk insurance product covering the full movement of goods across Middle East trade routes, aiming to address rising costs and gaps in conventional insurance coverage amid heightened regional instability.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The company said on Thursday the new offering provides continuous coverage across ocean and air freight, port storage and inland transportati...

6.25 लाख की फैमिली कार पर टूट पड़े लोग! सबको पछाड़ बनी नंबर 1

Projecting the careers of 2026 NHL Draft's top 12 prospects: Optimist vs. pessimist

When projecting teenage hockey players ahead of the NHL Draft, I am aware that a range of outcomes could occur, that my evaluations are far from perfect and that my grading of players’ traits may be wrong. I don’t love the terms ceiling and floor, but today I’m going to take a look at some of the top 2026 prospects and discuss what their NHL outcome could be if a certain set of assumptions goes according to plan, and if they don’t.Advertisement

Gas prices keep rising, but do big oil companies plan to drill more? Not so far

The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't signaling plans to increase production to bring down prices at the pump.(Image credit: Joe Raedle)