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Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
NewsWorldEuropeBusinesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokeholdBusinesses have doled out up to $4 million to cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flowsAlma Sols & Megan JanetskyFriday 24 April 2026 06:05 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmar...
Vietnam's VinFast rockets as Philippines' CARS stalls
Manila: In the high-stakes race for electric vehicle (EV) dominance in the Asean (Association of Souteast Asian Nations), Vietnam scripted a blockbuster while the Philippines hit rewind. Picture 2017: Vietnam unleashes state-backed incentives with $1.5 billion fuelling VinFast's birth — tax exemptions, low-interest loans, a full ecosystem blitz of chargers and service hubs propelling EVs.Manila policymakers were busy propping up dodos, i.e. internal combustion engines (ICE) with multi-year,...
Volkswagen's Cisek on China Business
Volkswagen is accelerating its China strategy by deepening partnerships with local technology and electric vehicle makers, including Xpeng, as it faces intensifying competition and a prolonged price war. The company is pushing greater localisation across manufacturing, R&D and product development to shorten vehicle cycles and cut costs. The strategy comes as China’s auto market shifts toward replacement buyers and faster innovation, putting pressure on foreign carmakers to adapt quickly. Robert...
Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply
MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to MauritiusDays after the first wave of Russian tanks surged over the border into Ukraine in March 2022, dockers at a port in northern England took a stand.Appalled by Vladimir Putin’s brutality, workers at Ellesmere Port in Cheshire vowed never to unload any Russian oil destined for the nearby Stanlow refinery, a major hub for UK fuel supplies. Continue reading...
Asian stocks today: Markets on edge as US-Iran tensions, oil surge weigh on sentiment
Asian markets navigated a cautious trading session Friday, influenced by ongoing Iran conflict uncertainties and stalled US-Iran talks. While some indices saw modest gains, others dipped, reflecting investor unease. Rising oil prices added to market anxiety, with analysts predicting continued volatility. Attention also turned to currency markets, particularly the Japanese yen, and upcoming central bank policy decisions.
KKR, Capital Group to Start Public-Private Credit Fund in Asia
KKR & Co. and Capital Group plan to launch a public-private credit fund in Asia this year, in the latest tie-up between private-markets specialists and traditional asset managers seeking to attract more retail money.
Middle East crisis live: Trump orders US to ‘shoot and kill’ boats laying mines in Hormuz strait; Israel-Lebanon truce extended
US president claims ‘total control’ of strait of Hormuz despite Iranian seizure of two ships and report warning it could take months to clear waterway of minesTrump claims US has total control over strait of Hormuz after Iran seizes two container shipsAnalysis: Trump may talk of regime infighting, but Iran seems united by strategy born of warHello and welcome to our live coverage of events in the Middle East.Donald Trump has ordered the US military to “shoot and kill” small Iranian boats that de...
₹10 crore will get buyers smaller homes in Mumbai than 2020: Wealth Report 2026
Delhi and Bengaluru, where the real estate area purchasable for $1 million has increased in this period, even if marginally.| India News
BlackRock iShares: Market Volatility Boosts ETF Use
Nicholas Peach, APAC Head of iShares at BlackRock, says investors have been using ETFs to express their sentiment amid rapid market-moving news cycles. He speaks on Bloomberg's ETF IQ Asia. (Source: Bloomberg)
China's FAW on Modernization and Expansion Plans
Giles Taylor, VP of Global Design & Chief Creative Officer at FAW Group, discusses the shakedown he expects in the auto sector as the Chinese state-owned carmaker seeks to modernize itself. He speaks to Bloomberg's Stephen Engle at the Beijing Auto Show. (Source: Bloomberg)
HCLTech, TCS, Infosys: Why are IT stocks falling again?
HCLTech TCS Infosys Why are IT stocks falling again
Sensex tumbles 800 points: Why is Dalal Street under pressure today?
Sensex tumbles points Why is Dalal Street under pressure today
A case for smaller provinces
THE debate on creating new provinces is often seen through the lens of ethnicity, history and political identity, and projected as being in the public interest. Not only is this misleading, it is also designed to preserve the existing power structure. It diverts attention from the real issue of governance failure and replaces it with emotional narratives. Pakistan does not suffer from a shortage of identities; it suffers from a deficit of equitable governance and basic administrative needs. Acr...
Fantasy Premier League: Differentials for a Gameweek 34 Free Hit - from Solanke to... Salah
With Blank and Double Gameweeks continuing to shape the Fantasy Premier League season’s run-in, the Free Hit chip is about to become one of the most powerful tools at your disposal.Blank Gameweek 34 is the biggest blank of the 2025-26 FPL campaign and, naturally, is going to be a very popular time for the game’s managers to play their Free Hit chip if they still have it.Advertisement
SBI Funds Is Said to Start Marketing $1.5 Billion IPO Next Week
SBI Funds Management Ltd. is set to begin formal marketing as early as next week for its planned initial public offering to raise as much as $1.5 billion, according to people familiar with the matter.
Sensex, Nifty open lower as oil surge, FPI selling weigh on markets
Sensex Nifty open lower as oil surge FPI selling weigh on markets
Geely Senior VP Yang on Business Outlook
Victor Yang, Senior VP of Zhejiang Geely, discusses the business impact of geopolitics and automaker's outlook for growth. He speaks with Bloomberg's Stephen Engle on the sidelines of the annual Beijing Auto Show on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Oil Rises on Iran Talks Stalemate; Katayama Talks Yen | The Asia Trade 4/24/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Haidi Stroud-Watts, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Nomura's Wang on Asia Market Outlook
Julia Wang, North Asia CIO of Nomura International Wealth Management, says she "sees risk of high oil price for longer" and discusses her investment strategies for Asia markets. She speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg: The Asia Trade". (Source: Bloomberg)
Zodiac Energy shares jump 10%: Why is the stock rising today?
Zodiac Energy shares jump Why is the stock rising today