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Top African Ports Miss Refuel Gain

African ports are struggling to capitalize on a surge in shipping traffic as the Middle East conflict disrupts other key global trade routes. Bloomberg's Chief Africa Correspondent Jennifer Zabasajja explains on Horizons Middle East & Africa. (Source: Bloomberg)

LPG New Rule: सिलेंडर करें सरेंडर... आपको भी आया ये मैसेज? बदल गया LPG को लेकर नियम

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LuLu signs strategic MoU with UAE Food Cluster to champion ‘Made in UAE’ globally

Abu Dhabi: Underscoring its position as a key strategic stakeholder in the UAE’s food ecosystem, LuLu Group has signed a landmark Memorandum of Understanding (MoU) with the UAE Food Cluster during Make it in the Emirates 2026 at ADNEC Centre Abu Dhabi. The partnership marks a significant step in advancing the visibility, accessibility, and global reach of UAE-manufactured food products.The MoU was signed by Saleh Abdulla Lootah and Salim M.A. in the presence of HE Abdullah bin Touq Al Marri and...

Global oil reserves fall by record 200 mln barrels in April — FT

Jim Burkhard, head of crude research at S&P, added that in a normal month, global reserves fluctuate between several hundred thousand and a million barrels per month

Diageo sales grow unexpectedly as Guinness boom helps offset US weakness

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Iran war could cause job losses in Britain, minister warns

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Dubai beachfront plots sell for Dh400 million in record luxury land deal

Dubai: A Dh400 million beachfront land deal in Dubai has set a new benchmark for the city’s super-prime residential market, with three adjacent freehold plots in Jumeirah Coastline acquired in one of the most significant private coastal land assemblies in the emirate.Sign up for our daily business newsletter, Cheques & Balances.The transaction covers more than 113,000 square feet of land and 160 metres of private beachfront along the Arabian Gulf, creating one of the last remaining contiguous co...

Airlines cut 13,000 flights in May as jet fuel prices soar

Airlines cut 13,000 flights in May as jet fuel prices soarJust nowShareSaveAdd as preferred on GoogleEmer MoreauBusiness reporteriStock/Getty ImagesAirlines have cut 13,000 flights globally in May as jet fuel prices soar due to the conflict in the Middle East.Airlines have removed nearly two million seats from flights over the month, which could potentially affect people's trips over the UK half-term holidays, which fall at the end of May.Data from aviation analytics firm Cirium shows that...

Euro-Zone Wage Growth to Quicken in Second Half of This Year

Euro-area pay growth is set to accelerate in the second half of the year, the European Central Bank said as it gauges whether spillovers from high energy costs will require it to increase interest rates.

Standstill in Indian Gold Imports Drags On and Threatens Supply

Indian banks have been unable to import gold and silver for five weeks, an unusually long halt that’s pushing up domestic prices and threatening shortages in the world’s second-biggest bullion market.

Russian stocks down as main trading session opens

As of 10:15 a.m. Moscow time, the indices were down by 0.42% at 2,633.18 and 1,100.95 points, respectively

Boss of B&Q owner Kingfisher quitting to head up Netherlands-based supermarket

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Gazprom files new legal action against Czech company NET4GAS in Russian court

The claim concerning economic disputes related to civil law relations was filed on May 5 with the Arbitration Court of St. Petersburg and the Leningrad Region

Govt approves ECLGS 5.0 to support MSMEs, airlines amid global tensions

Govt approves ECLGS to support MSMEs airlines amid global tensions

लखनऊ या नोएडा, निवेश के लिए कौन सा शहर है 'हॉट' डेस्टिनेशन?

Pakistan again turns to spot LNG market, seeks bids for 2 cargoes

ISLAMABAD: State-run Pakistan LNG Limited (PLL) on Wednesday floated urgent tenders for the import of two liquefied natural gas (LNG) cargoes for delivery between May 12-14 and May 24-26 amid rising temperatures and power shortfall. The company set May 7 (Thursday) as the deadline for bids, which will be opened the same day, given the urgent need to meet the power demand expected to spike again as the cargo imported in the last week of April has been consumed. The tender comes after authorities’...

'भारी छूट पर तेल देंगे लेकिन शर्त ये है कि...' रूस के बाद अब इस देश ने दिया बड़ा ऑफर, भारत क्या करेगा

Anthropic may invest $200 billion in Google, shows how AI boom is fueling Big Tech

Anthropic may invest billion in Google shows how AI boom is fueling Big Tech

Russian services PMI index up to 49.7 points in April

The latest reading indicated a fractional and slightly slower decline in output levels at service providers

Next to hike prices by up to 8% outside Europe due to Iran war costs

Next to hike prices by up to 8% outside Europe due to Iran war costsJust nowShareSaveAdd as preferred on GoogleEmer MoreauBusiness reporterNext plcNext said its UK sales were better than expected at the start of the yearFashion and homeware chain Next is to raise prices by up to 8% in some countries outside Europe as it anticipates millions of pounds in extra costs from the US-Israel war with Iran.The retailer said it is facing an additional £47m in costs this year due to higher fuel prices and...