اقتصاد

Trump: ‘I’d love somebody to buy’ Spirit Airlines

President Trump came out against a potential merger between American Airlines and United Airlines in an interview with CNBC on Tuesday, but suggested Spirit Airlines should be bought.  “I’d love somebody to buy Spirit, it’s 14,000 jobs. Maybe the federal government should help that one out. I told my people,” Trump told CNBC’s Squawk Box. …

Leave, holidays and encashment: What India’s changing labour laws mean for employees

For employers and employees, understanding how leave works today is not always straightforward. This is because two legal systems operate side by side: the new central labour codes and the older State-level Shops and Establishments (S&E) laws.

US waiver set to keep Russian oil exports to India near record high

InternationalUS waiver set to keep Russian oil exports to India near record highBy Reuters -Apr 21, 2026Russian oil sales to India are set to remain ‌near record highs in April and May following a new US sanctions waiver, and refiners have already secured much of their supply needs via non-sanctioned entities and vessels, traders said and data showed on Tuesday. The robust exports to India – the second-largest buyer ​of Russian crude after China and largest importer of its flagship Urals grade –...

Saudi IT Firm to Press Ahead with IPO Despite War Uncertainty

Saudi Arabian information technology services firm Dar Al Balad Business Solutions Co. is pressing ahead with plans to list on the kingdom’s stock exchange despite the disruptions caused by the regional conflict.

Hong Kong aiming to curb illicit fuel trade with tougher penalties: source

Buyers of illicit fuel in Hong Kong could face a maximum penalty of HK$1 million (US$127,687) and one year in prison under proposed legal amendments aimed at curbing illegal refuelling amid surging global oil prices, the South China Morning Post has learned. According to a government source, the Security Bureau has also proposed tougher penalties for sellers, increasing the maximum fine for a first conviction from HK$100,000 to HK$3 million and raising the maximum jail term from six months to...

Kevin Warsh set to testify that the Fed will remain "strictly independent"

MoneyWatch Kevin Warsh set to testify that the Federal Reserve will remain "strictly independent" .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Repor...

Royal Mail plans to invest $675 million to fuel service improvement 

BusinessInternationalRoyal Mail plans to invest $675 million to fuel service improvement By Reuters -Apr 21, 2026Royal Mail has pledged to invest 500 million pounds ($675.25 million) over the next five years as ​part of its universal service improvement plan to better ‌cater to customers, parent company International Distribution Services said on Tuesday. The investment will be funded by savings from reforms to the postal services operator’s ​Universal Service Obligation approved by regulator Of...

SpaceX executive earned $85 million in a year, outearned founder Elon Musk

SpaceX executive earned million in a year outearned founder Elon Musk

Conflict around Iran causes the largest oil crisis in history — IEA chief

According to Fatih Birol, the crisis will affect developing economies most

German Pension VBL Shifts €7 Billion Housing Portfolio Into Fund

German public-sector pension fund Versorgungsanstalt des Bundes und der Länder, or VBL, is transferring its residential property portfolio worth around €7 billion ($8.2 billion) into a new fund structure.

Revolut eyes valuation of up to $200B in eventual IPO

British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public. The company is targeting a market cap between $150 billion and $200 billion in an initial public offering, the Financial Times reported on Tuesday, citing anonymous investor sources. The fintech giant, which secured a full banking license in the United Kingdom in March after years of waiting, was most recently valued at $75 billion, up from $45 billion in 2024, in a secondary share sale that made it...

Pakistan Steel Mills hit by massive organized theft scandal

Must ReadPakistanPakistan Steel Mills hit by massive organized theft scandalBy Web Desk-Apr 21, 2026KARACHI: A major corruption and theft scandal has surfaced at Pakistan Steel Mills, involving the alleged embezzlement of machinery, cables, and scrap worth billions of rupees, ARY News reported. The probe was initiated by the Federal Investigation Agency (FIA) following a formal complaint by the Ministry of Industries and Production. According to investigators, valuable equipment and materials we...

Absolutely no shortage! IOCL assures sufficient supply of petrol, diesel amid Middle East crisis

Indian Oil Corporation Limited (IOCL) assures stable petrol and diesel supplies despite Middle East conflict, holding sufficient reserves for 12-16 days. While LPG delivery timelines have stretched to six days due to increased bookings, domestic refineries meet nearly 80% of Punjab's demand, with coordinated efforts ensuring uninterrupted fuel availability.

Billionaire Fredriksen’s Firm Faces $1 Billion Claim After Failed Fraud Trial

Two former executives at billionaire John Fredriksen’s oil trading firm sued for about $1 billion in over allegations that the shipping tycoon’s failed “vindictive” lawsuit brought them to the “brink of financial ruin.”

UK moves to weaken link between electricity and gas prices

InternationalUK moves to weaken link between electricity and gas pricesBy Reuters -Apr 21, 2026UK set out plans to try to ​weaken the link between its ‌cost of electricity and volatile gas prices on Tuesday, ​saying it would ​seek to force older renewable ⁠energy generators onto fixed ​contracts in a bid to ​bring down consumer bills. The government said voluntary long-term fixed contracts ​would be offered to ​existing low-carbon generators not on fixed ‌prices ⁠so they were not being paid the...

Iran War Will Drive Gulf Petrodollar Capital Flight To…Hollywood

BusinessEnergyIran War Will Drive Gulf Petrodollar Capital Flight To…HollywoodByAriel Cohen,Contributor.Forbes contributors publish independent expert analyses and insights. Ariel Cohen is a D.C.-based contributor who covers energy and securityFollow AuthorApr 21, 2026, 09:30am EDTProlific Saudi Investor Prince Khaled bin Alwaleed bin Talal marks the USD 450 million listing with a bell-ringing ceremony at Nasdaq Dubai, highlighting the strong ties with Dubai Financial Market (DFM) (Photo by Anus...

किल्लत होते ही भेजा दोगुना तेल... यूएई-सऊदी के टैंकर होर्मुज में रुके तो भारत का सहारा बना रूस

Indian Railways: From an aging colonial relic to a powerful engine of growth

The transformation of Indian Railways is unfolding on two fronts. The first is a revolution in passenger experience, and the second is the modernisation of freight movement and industrial efficiency. How do these measures ensure that India’s oldest infrastructure remains a powerful engine of growth?

Reform making ‘fake promises based on fantasy economics’, union boss warns

[{"id":1279420,"path":"/news/london/tube-strikes-latest-tfl-rmt-london-underground-overground-trains-b1279420.html","title":"Tube strike LIVE: London Underground network crippled as RMT walkout gets under way","imageUrl":"https://static.standard.co.uk/2026/04/21/11/2272354906.jpg","standfirst":"24-hour walkout begins at midday throwing travel plans of Londoners into disarray"},{"id":1279427,"path":"/news/politics/london-labour-charged-investigation-vote-rigging-croydon-east-b1279427.html","title...

Trump Says He’ll Be Disappointed If Warsh Doesn’t Cut Rates Right Away—Ahead Of His Fed Chair Pick’s Hearing

BreakingInnovationTrump Says He’ll Be Disappointed If Warsh Doesn’t Cut Rates Right Away—Ahead Of His Fed Chair Pick’s HearingByAlicia Park,Fellow. I cover tech and innovation.Follow AuthorApr 21, 2026, 09:22am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplinePresident Donald Trump told CNBC he will be disappointed if Kevin Warsh, his pick to replace Federal Reserve Chair Jerome Powell, does not cut rates as soon as...