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Natco Pharma: A high-margin business or a volatility trap at 10x earnings?
Despite 30%+ margins and exposure to the GLP-1 opportunity, Natco Pharma continues to trade at a modest valuation. Is the 10x P/E a structural constraint or a mispriced opportunity?
In a turbulent world, India needs to plan for the worst
India has two options for scenario writing: NITI Aayog for geopolitics, geoeconomics, etc., and the National Security Council for military scenarios
DoE: Planned energy investments to reach Dh160 billion over five years
ABU DHABI: With planned energy-related investments approaching Dh160 billion across the UAE over the next five years, this reflects a clear commitment to delivering tangible sustainability outcomes grounded in measurable impact, according to senior energy official.Dr. Abdulla Humaid Al Jarwan, Chairman of the Abu Dhabi Department of Energy, said: "In Abu Dhabi, we are advancing an integrated energy and water system built on efficiency, reliability, and sustainability, ensuring we meet rising dem...
China Exporters Beset by Yuan Surge Look to Sell Dollar Rallies
Gloria Yu’s company exports bicycles and related accessories to as far as Europe and Africa. Having suffered “heavy losses” on some orders due to the yuan’s rapid gains earlier in the year, Yu is looking to better manage her dollar exposure.
A year later, Pahalgam’s shadow lingers over Kashmir’s people and economy
Compare, for instance, Aditya Dhar’s blockbuster Dhurandhar (2025) with Mani Ratnam’s 1992 classic Roja. Where Roja sought to explore the human and political complexities of Kashmir — its pain, its aspirations, and the human cost on all sides — the newer wave of cinema is singularly focused on terrorism itself, on the machinery of response, and on unapologetic assertions of national will,
Oil prices fluctuate as status of US-Iran peace talks remains unclear
Oil prices fluctuate as status of US-Iran peace talks remains unclear10 minutes agoShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterGetty ImagesGlobal oil prices fluctuated in early Asian trading on Wednesday as the status of peace talks between the US and Iran remains unclear.On Tuesday, US President Donald Trump said he will extend a ceasefire with Iran until talks between the two countries have progressed. He added that the US will continue to blockade Iran's ports until Te...
PTCL returns to profit after years
ISLAMABAD: The Pakistan Telecommunication Company Ltd (PTCL) has returned to profitability after more than four years and plans to formally launch 5G services next month. PTCL and Ufone Chief Executive Hatem Bamatraf, while announcing the group’s financial results for the first quarter (January-March 2026), said revenues had increased by 58 per cent compared to the corresponding period last year. He said the company had faced multiple challenges in recent years, but performance had improv...
Redwood Materials lays off 10% in restructuring to chase energy storage business
Redwood Materials has laid off around 135 employees, or roughly 10% of its workforce, as it restructures to better accommodate its growing energy storage business, TechCrunch has learned. The cuts come just five months after Redwood cut 5% of its workforce, and three months after it closed a $425 million funding round that boosted the battery recycling company’s valuation to north of $6 billion, as TechCrunch previously reported.
Crude oil spikes, Brent near $100 as US announces indefinite extension of ceasefire with Iran
Crude oil futures spiked early on Wednesday, with Brent jumping 3.14% to $98.48 per barrel and West Texas Intermediate (WTI) rising 1.1% $90.66 as of 8.58 am Tokyo time on Wednesday (April 22, 2026).The rise is US crude oil futures coincides with Washington’s announcement of an indefinite extension of the ceasefire with Iran.WTI crude futures rose to as high as US$90.70 per barrel and were trading up 59 cents, or 0.7 percent, at $90.26.
Crypto Whale Li Moves 20-Strong Trading Team to Tap Asia’s Rich
Crypto tycoon Li Lin is moving an entire trading team of about 20 people from his single-family office to Bitfire Group Holdings Ltd., a wealth manager in which he owns a 30% stake, to help the firm tap more private banking clients.
Rising fuel costs in Indonesia spark concern about tighter supplies, subsidy strain
Indonesia’s increase in prices for some non-subsidised fuel products could push more households towards subsidised fuel grades, economists have warned, raising the risk of tighter supplies and added pressure on a state budget already trying to contain politically sensitive energy costs. The move by state energy company Pertamina underscores the government’s balancing act: allowing market-priced fuels to rise with global crude costs while shielding subsidised products used by lower-income...
China’s shipyards secure wave of oil tanker orders as Iran war drives demand
China’s shipyards are emerging as beneficiaries from the US-Israeli war on Iran, securing new orders as crude transport bottlenecks worsen and global demand for large oil tankers rises. With the United States and Iran effectively blockading the Strait of Hormuz – a chokepoint that handles about a quarter of the world’s seaborne oil – shipping companies are racing to expand capacity, particularly in very large crude carriers (VLCCs) capable of transporting about 2 million barrels of oil per...
Takeaway coffee sales plunge as fuel and living costs dent Australian spending. Is the economy next?
The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggestFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor many coffee drinkers, takeaway orders are changing from a habitual purchase to an occasional treat, as elevated petrol prices and other living costs leave households feeling glum.This rapid shift in behaviour has disappointed cafe owners and surprised economists...
Condom prices could rise 30% due to Iran war, says world’s top producer Karex
Karex produces more than 5 billion condoms annually and is a supplier to leading brands like Durex and Trojan, as well as the NHS The world’s top condom producer, Malaysia’s Karex Bhd, plans to raise prices by 20% to 30% and possibly further if supply chain disruptions drag on due to the Iran war, its chief executive has said.Karex is also seeing a surge in condom demand as rising freight costs and shipping delays have left many of its customers with lower stockpiles than usual, CEO Goh Miah Kia...
Anthony Albanese announces four cargoes carrying 200million litres of diesel will soon arrive in Australia
Anthony Albanese announces four cargoes carrying 200 million litres of diesel will soon arrive in AustraliaBy MAISY RAE Published: 00:19, 22 April 2026 | Updated: 00:26, 22 April 2026 e-mail 3 View comments
Gates Foundation plans to cut up to 500 jobs while undergoing review of Jeffrey Epstein ties
The Gates Foundation plans to cut up to 500 jobs, or about 20% of its staff, in the coming years as part of a long-term restructuring, as the foundation also undergoes an external review of its ties to the late financier Jeffrey Epstein.Following a Wall Street Journal report that a memo was sent to employees Tuesday, a Gates Foundation spokesperson told Fox News Digital the review was first announced in a foundation-wide email last month and was agreed upon by the board and Bill Gates. The found...
Britain 'more vulnerable' than other countries to war as conflict threatens to blow £16bn hole in Reeves Budge
Britain 'more vulnerable' than other countries to war as conflict threatens to blow £16bn hole in Reeves BudgeBy JOHN-PAUL FORD ROJAS, DEPUTY BUSINESS EDITOR Updated: 00:01, 22 April 2026 e-mail 7 View comments
UK inflation set to rise after Middle East conflict pushed up fuel prices
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Bonus ban for failing fat cat energy bosses under new shake-up of watchdog Ofgem
Bonus ban for failing fat cat energy bosses under new shake-up of watchdog OfgemEnergy chiefs could be barred from receiving payouts under new powers being handed to the industry regulator in moves design to better protect customersCommentsMoneyGraham Hiscott Business and Consumer Editor00:01, 22 Apr 2026View 2 ImagesEnergy executives found to have caused frustrated bill payers significant harm could be blocked from receiving bonus rewards(Image: Natalia Gdovskaia via Getty Images)Energy firms w...
Just 36% of young people believe life will be better than parents’, poll finds
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