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In five charts - How UAE's exit could affect Opec's influence over the oil price

In five charts - How UAE's exit could affect Opec's influence over the oil price8 minutes agoShareSaveAdd as preferred on GoogleJemma CrewBusiness reporter ReutersThe United Arab Emirates' plan to ditch the oil producers' group Opec and strike out alone is being viewed as a huge blow for the organisation, with one analyst describing it as "the beginning of the end of Opec".It comes at a time of significant volatility in the oil market, with the US-Israel war with Ir...

ई-कॉमर्स वेबसाइट्स को चूना लगा रहे हैं स्कैमर्स, डिवाइस फार्मिंग का मायाजाल और कंपनियां बेहाल

OpenAI Faces Rising Financial Strain as Growth Slows and Costs Surge

Fez – OpenAI is facing increasing pressure on its financial model after missing key growth targets, raising internal and investor concerns about its ability to sustain the high costs required to build and run advanced artificial intelligence systems. The company has recently failed to meet several of its monthly sales targets for 2026, according to Al Jazeera, citing people familiar with the matter. The shortfall reflects a broader slowdown in user growth and commercial uptake at a time when com...

FEMA's disaster relief fund hits red zone ahead of hurricane season

FEMA's disaster relief fund has dropped below $3 billion, triggering Imminent Needs Funding, which means the agency must limit spending to only the most urgent, life-saving needs amid the partial government shutdown.

Morocco, Portugal to Launch €800 Million Undersea Highway Project

Rabat – International coverage on a possible undersea highway project between Portugal and Morocco is making headlines. OkDiario reported this week that the ambitious project, with a budget exceeding €800 million, has entered a concrete planning phase. Land-based logistics infrastructure and maritime connections support the project which would link Morocco with high-capacity roads north of Tangier. In Portugal, the project will integrate with the Algarve network and the A2 motorway. OkDiar...

FTSE 100 closes lower as drugs firms GSK and AstraZeneca struggle

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Co-op marking commonly-stolen items with forensic spray to track reselling

Wave of measures has helped cut offending in stores by a fifth last year as new retail crime law comes into forceCo-op is secretly marking commonly-stolen items including alcohol and laundry detergents with invisible “forensic spray” to track them, in the latest crackdown on shoplifting as a new law on retail crime kicks in.The grocer is to use the technique, which helps the retailer to identify where stolen items are being resold and report them to the police, across the country after testing i...

Texas border city is filling up with sleek CHINESE cars that are illegal to buy in the United States

Texas border city is filling up with sleek CHINESE cars that are illegal to buy in the United StatesBy SOPHIE GABLE, US REPORTER Published: 17:02, 29 April 2026 | Updated: 17:08, 29 April 2026 e-mail View comments

Big Tech Capex Hits Critical Limit

Big Tech is at a breaking point says John Blackledge, TD Cowen Senior Equity Research Analyst. He joined Bloomberg Open Interest to explain why massive AI spending may have peaked, why AWS and Google Cloud growth could make-or-break these stocks, and how fragile the market has become. With such sky-high expectations, even a small miss could trigger another selloff. (Source: Bloomberg)

Hormuz Crisis Drives Insurance Spike

Shipping through the Strait of Hormuz hasn’t stopped, but the cost of doing it has surged according to Marsh CEO John Doyle. He joined Bloomberg Open Interest to explain how insurers are reacting to geopolitical risk, why premiums may stay high even after tensions ease, and why cyber threats now top his list of concerns in the AI era. (Source: Bloomberg)

Bloomberg Surveillance 4/29/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

'Shock' for paper firm staff amid closure proposal

'Shock' for paper firm staff amid closure proposalJust nowShareSaveAdd as preferred on GoogleCharlotte CoxSouth WestGoogleThe site has been an employer in Launceston for nearly 60 years Staff have reacted with "shock and disappointment" to the proposed closure of a packaging site which has been a major employer in a Cornish town for nearly 60 years. International paper firm DS Smith has confirmed a "proposal had been made" to close its factory on Link Road in Launce...

Mercedes-Benz among firms to challenge FCA’s car finance compensation scheme

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Maryland becomes first state to ban surveillance pricing in grocery stores

Critics say Maryland’s new law banning rapidly change product costs based on consumer data is full of carveoutsMaryland has become the first state in the US to ban surveillance pricing in grocery stores.Maryland’s law bans grocers and third-party delivery services from using a person’s personal data to set higher prices. Wes Moore, the governor, signed the measure into law on Tuesday. “At a time when technology can predict what we need, when we need it, when we’ll pay for it and also – when we’l...

Guardian Essential poll: Australians want higher tax on gas exports and extension of petrol excise cut

The fuel crisis is seeing more voters keen to shift to renewable energy rather than stick with fossil fuelsGet our breaking news email, free app or daily news podcastA majority of Australians support taxing profits from gas exports and extending the cut to the fuel excise, according to the latest Guardian Essential poll, despite Anthony Albanese on Wednesday ruling out a new tax on existing gas export contracts.The poll also found the fuel crisis is seeing more voters keen to shift to renewable...

Consumers Won’t See Tariff Refunds. Smart Retailers Will Turn Them Into Price Cuts

BusinessRetailConsumers Won’t See Tariff Refunds. Smart Retailers Will Turn Them Into Price CutsByPamela N. Danziger,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market.Follow AuthorApr 29, 2026, 11:00am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryAmericans are owed $166 billion in illegal tariff refunds, b...

Banking expert warns Jim Chalmers will scrap negative gearing and make capital gains tax changes in Budget

Banking expert warns Jim Chalmers will scrap negative gearing and make capital gains tax changes in BudgetThe federal budget will be revealed on May 12It's expected to hit investment property ownersREAD MORE: The new 'tax' on SHARES coming to AustraliaBy ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA Published: 15:50, 29 April 2026 | Updated: 15:50, 29 April 2026 e-mail View comments

Oil Traders Lawyer Up as Hormuz Disruptions Trigger Billions of Dollars in Disputes

Some of the biggest names in oil trading are becoming embroiled in a complex web of disputes that could be worth many billions of dollars, as the industry wrangles over who should be liable for contracted shipments that weren’t delivered as a result of the Iran war.

UAE OPEC

News UAE OPEC April 29, 202610:35 AM ET By  Aya Batrawy ,  A Martínez ,  Diantha Parker UAE OPEC Listen · 3:27 3:27 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/nx-s1-5802739/nx-s1-9749339" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

UAE's withdrawal from OPEC motivated by desire to increase oil exports — Chinese expert

According to Bao Chengzhang, in the face of the Strait of Hormuz closure, the UAE aims to unlock idle capacity and exercise greater flexibility in regulating its oil output by leveraging Fujairah’s unaffected status