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$300 billion, sanctions relief, Hormuz reopening: What Iran gets, what US gains from deal
The US-Iran peace memorandum of understanding (MoU) outlines a sweeping framework aimed at ending military confrontation, opening the Strait of Hormuz, releasing Iran's frozen assets and providing $ 300 billion for reconstrction and opening the door for long-term negotiations.
Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the previous monthProperty sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.Sales in the city dropped 19% in May compared with the previous month, accelerating from a 4% drop in April, the researcher ValuStrat found. Continue reading...
Rupee slips again: Currency tumbles 21 paise to 94.66 against US dollar
The Indian Rupee weakened against the US dollar on Thursday, influenced by the US Federal Reserve's hawkish stance and a strengthening dollar index. Asian currencies also saw declines, impacting the rupee. Meanwhile, positive sentiment emerged from reports of a US-Iran memorandum of understanding and progress on a US-India trade agreement.
Rejoining customs union would not fix damage caused by Brexit, research finds
Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single marketBrexit has depressed UK exports to the EU by 12%, and rejoining the customs union would undo only a fraction of the damage, research shared with the Guardian shows.With the UK’s future relationship with the bloc likely to feature prominently in a potential Labour leadership contest, the economists John Springford and Anton Spisak, of the Centre for European Reform, provide fresh ev...
Ukrainian drones strike Moscow’s oil refinery again; flames, thick plumes of smoke seen
Moscow's oil refinery in Kapotnya was hit by a Ukrainian drone attack on Thursday, causing visible flames and smoke. This incident follows earlier drone strikes on Russian energy infrastructure, contributing to a growing fuel shortage. Meanwhile, Russia launched its own attacks on Kyiv and Sumy. Ukrainian President Zelenskyy discussed war-ending strategies with global leaders.
Qatar LNG tanker sails for Hormuz as Middle East peace returns
An LNG tanker, the Mraikh, is approaching the Strait of Hormuz after loading cargo in Qatar, signaling a potential increase in shipping activity following a US-Iran interim peace agreement. This development could ease Pakistan's gas shortage and restore global LNG supplies, which were restricted by the waterway's closure.
PUNJAB BUDGET 2026-27: Punjab to set up ‘FBR-like’ revenue authority, says minister
LAHORE: Punjab will establish a unified revenue authority on the model of the Federal Board of Revenue (FBR) during the next fiscal year, bringing all provincial taxes under a single institutional framework, Finance Minister Mian Mujtaba Shujaur Rehman told a post-budget press conference here on Wednesday. The province successfully achieved 99 per cent of its tax collection target during the outgoing fiscal year, while the revenue target for FY 2026-27 has been increased by 46pc, he added. Expre...
كيف جمع أغنى المليارديرات العرب ثرواتهم الضخمة؟ ستذهلك الأرقام!
في عالم المال والأعمال، هناك قصص مذهلة تعكس كيف استطاع بعض المليارديرات العرب تحويل أحلامهم إلى ثروات طائلة. انضم إلينا لاكتشاف أسرار هؤلاء الأثرياء وكيف يمكن أن تلهمك قصصهم!
Unveiling the Secrets: How Arab Billionaires Built Their Empires and Amassed Incredible Fortunes
From oil magnates to real estate tycoons, the stories of the richest Arab billionaires are filled with ambition and innovation. Discover how these financial giants transformed their dreams into billions, and what surprising strategies propelled them to the top.
Top stocks to buy: Stock recommendations for today - check list
Top stock market recommendations: Bharat Electronics Ltd (BEL), Canara Bank, and TVS Motor Company - these are the top 3 stocks that Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth Management has recommended.
Who benefits from Zimbabwe’s lithium boom?
New projects and foreign-backed mines are reshaping Zimbabwe’s lithium sector, with uneven local gains.
Apple to raise prices due to memory chip costs
The firm's outgoing boss Tim Cook did not say when prices will rise or which products will be affected.
Crude prices fall as US-Iran deal reopens Hormuz after over 100 days
Oil prices dropped significantly as the US and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Tehran's oil. This deal, aiming to restore pre-war conditions, could resolve a major energy supply disruption and potentially lead to a global oil surplus by 2027.
FTC may fine Amazon billions in penalties over claims that company mislead advertisers
The FTC is reportedly considering legal action against Amazon over allegations of misleading advertisers about its ad business. The probe, focusing on sponsored listings and auction systems, could lead to significant financial penalties, potentially billions of dollars, if violations are found. Several states are also involved, increasing Amazon's financial risks.
Who's exempt from Albo and Jim's capital gains tax and trust changes? PM and Treasurer announce changes to their property tax revolution
Who's exempt from Albo and Jim's capital gains tax and trust changes? PM and Treasurer announce changes to their property tax revolution READ MORE: Anthony Albanese swings the axe on property investorsSee more Daily Mail on Google - save us as a Preferred SourceBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 01:44, 18 June 2026 | Updated: 01:44, 18 June 2026 e-mail View comments
NSE files for 30k cr IPO, to be largest ever in India
India's largest stock exchange, NSE, has filed for an IPO aiming to raise over Rs 30,000 crore, potentially becoming the nation's biggest public offering. This move follows years of planning, with 23 shareholders divesting nearly 15 crore shares. Early investors like New India Assurance and National Insurance are poised for massive returns.
تعرّف على أصغر 10 مليارديرات في 2026 وكيف حققوا ثرواتهم!
في عام 2026، يظهر جيل جديد من المليارديرات الشباب الذين يثيرون الدهشة بإنجازاتهم المالية المذهلة. تعرّف على قصص نجاحهم المذهلة وكيف حققوا ثرواتهم في زمن قياسي.
'We had to get out of the way': The backlash over delivery robots
'We had to get out of the way': The backlash over delivery robots5 minutes agoShareSaveAdd as preferred on GoogleEmma WoollacottTechnology reporterAFP via Getty ImagesDelivery robots are now a common sight in some cities around the worldThe first time Chicago resident John Roberts saw a delivery robot trundling down the sidewalk on his street he was impressed."I actually thought they were kind of neat – it felt futuristic," he says.But his attitude started to change when, soon after, he was out...
Interest rates expected to be held by Bank of England
Interest rates expected to be held by Bank of EnglandJust nowShareSaveAdd as preferred on GoogleKevin PeacheyCost of living correspondentGetty ImagesInterest rates are expected to be held by policymakers at the Bank of England (BoE) who are keeping a close eye on events in the Middle East.The Monetary Policy Committee (MPC) is widely predicted by analysts to keep the benchmark rate at 3.75% for a fourth consecutive meeting.Interest rates are the primary tool used to control inflation, which is t...
Britain is being economically choked by the tribunals industry, report warns
Britain is being economically choked by the tribunals industry, report warnsSee more Daily Mail on Google - save us as a Preferred SourceBy MARTIN BECKFORD, POLICY EDITOR Published: 23:44, 17 June 2026 | Updated: 23:44, 17 June 2026 e-mail View comments