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Odd Lots: Yergin on the Aftermath of the War in Iran (Podcast)

When it comes to the history of oil and energy, nobody is more famous or well respected than Daniel Yergin. He is the Vice Chairman of S&P Global, and the Pulitzer Prize winning author of both The Prize: The Epic Quest for Oil, Money, and Power and The New Map: Energy, Climate, and the Clash of Nations. So we had to get his insights on the war in Iran, and its historical significance. Yergin tells us that a “different world” will emerge from the crisis surrounding the closure of the Strait o

EU close to signing off on critical €90bn loan for Ukraine after months of vetoing from Hungary – Europe live

Member states meet this morning to discuss loan after longstanding disagreement between Kyiv and outgoing Hungarian PM Viktor OrbánFor what it’s worth, AFP is reporting a senior Kyiv official as telling the agency that Ukraine will restart the oil flows through the Druzhba pipeline “within a few hours.”Let’s see if the EU’s decision can be made before then, or if Hungary will hold out until the oil is actually flowing. Continue reading...

Coles adds 20c to the price of milk as war in the Middle East pushes up Australian grocery costs

Farmers have been calling for higher prices for weeks, amid soaring diesel and fertiliser costs and limited supplyGet our breaking news email, free app or daily news podcastColes has increased home-brand milk prices by up to 20c a litre, with Woolworths set to follow as war in the Middle East starts to hit Australian grocery costs.The price rise will support the company’s bottom line against pressure from higher fuel and operating costs, while some of the revenue will be temporarily passed on to...

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DMCC launches Uptown Dubai twin office towers

Dubai: Dubai Multi Commodities Centre (DMCC) announced the launch of new commercial towers in Uptown Dubai, adding more than 560,000 square feet of luxury office space as demand from finance and technology firms gathers pace.The twin developments — One Uptown Place and Two Uptown Place — will take the district’s total commercial office space beyond 1 million square feet. Leasing is expected to open in the second half of 2026, with completion scheduled for the first quarter of 2028.Sign up for ou...

Earnings to Keep Driving Equities Higher, Schroders Says

Patrick Brenner, CIO of multi-asset at Schroders, discusses earnings and equity markets. "Earnings have continued to deliver strongly," he tells Bloomberg Television. "As long as earnings are strong, we see no reason why equities should slow down," Brenner adds. (Source: Bloomberg)

Rents in Dubai: Landlords pricing units correctly are able to let as market softens

Landlords in Dubai who price their rental units correctly and present them well to potential tenants are able to let their properties as the market has become more competitive, according to Betterhomes.The property brokerage noted that tenants in Dubai are taking time to compare options amid increased supply.Therefore, the brokerage said landlords in Dubai have been advised to price their rental units more realistically, as some segments of the market are softening and becoming more tenant-frien...

India’s Sensex, Nifty fall 1% on Middle East tensions

The indices were affected by the ongoing tensions in the Middle East

Russian stock indices up as trading on Moscow Exchange opens

As of 10:00 a.m. Moscow time, the MOEX and RTS indices were up 0.15% each, reaching 2,761.77 and 1,166.4 points

Diet Cokes ‘can’t’? How Iran conflict is hitting supplies; retailers run out of stock

Diet Coke is disappearing from shelves in major Indian cities due to a shortage of aluminum cans, exacerbated by global supply disruptions. The beverage's heavy reliance on cans, coupled with surging demand for sugar-free options, makes it particularly vulnerable. Companies are exploring costlier overseas imports as domestic production struggles to meet demand.

Can a car lease still help you save tax under the new regime?

Can a car lease still help you save tax under the new regime

Sluggish wheat procurement in Madhya Pradesh drags down nation’s overall sourcing quantity by 16%

Union Agriculture Minister Shivraj Singh Chouhan has flagged challenges faced by farmers during procurement in Madhya Pradesh; directed officials that issues related to “slot booking, registration, and verification be resolved on a priority basis.”

Khalifa Fund launches ‘Funding on the Spot’ at Abu Dhabi entrepreneurship festival

Khalifa Fund for Enterprise Development is taking part in the first edition of the Abu Dhabi Global Entrepreneurship Festival, where it launched a new initiative aimed at supporting business owners with faster access to funding.The event, held at the Abu Dhabi Energy Center from April 20 to 22, brings together entrepreneurs, investors and industry leaders under the theme “Your Impact. Our Economy’s Pulse.”Get updated faster and for FREE: Download the Gulf News app now - simply click here.On-the-...

Bank Indonesia Holds Key Rate, Vows Further FX Intervention

Bank Indonesia held its benchmark interest rate unchanged for a seventh straight meeting, avoiding a reduction that could threaten the beleaguered rupiah or a hike that could threaten sentiment and growth.

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GoldSilver Rate Change

Dubai gold prices fall sharply even as global rates rise on Iran ceasefire extension

Dubai: Gold prices in Dubai dropped sharply on Wednesday morning as markets reacted to easing geopolitical tensions following a US move to extend a ceasefire with Iran. Spot gold rose 1.48 per cent to $4,770.01 per ounce, as of 11:07 am UAE time, after falling to its lowest level since ​April 13 on Tuesday.The divergence reflects how local prices are continuing to track currency and regional pricing dynamics rather than safe-haven demand.(Check latest UAE gold prices here, alongside prices in Sa...

Reckitt cautions over impact of Iran war on costs and consumer demand

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Pakistan to eliminate duties on used car imports under new auto policy

Pakistan to eliminate duties on used car imports under new auto policyBy Web Desk-Apr 22, 2026ISLAMABAD: The federal government is considering a plan to gradually eliminate duties on used car imports as part of a new auto policy expected to be implemented from July 1, 2026. According to sources, the draft of the new policy is currently being prepared and is under initial consultation with the International Monetary Fund (IMF). The proposed policy outlines a phased reduction of additional customs...

UAE–US currency swap talks aim to bolster dirham stability - Emirates 24|7

UAE–US currency swap talks aim to bolster dirham stability  Emirates 24|7

Martin Lewis tax code advice as HMRC owes average £689 to millions

Martin Lewis tax code advice as HMRC owes average £689 to millionsYou need to check as no-one else will do it for youCommentsMoneyNeil Shaw Assistant Editor (Money and Lifestyle)07:51, 22 Apr 2026Updated 07:55, 22 Apr 2026View 2 ImagesMartin Lewis has issued advice for April changesMillions of UK workers and pensioners could be paying more tax than they owe — and most have no idea it is happening, according to money saving expert Martin Lewis. Writing as part of his new tax year guidance for Apr...