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Reliance execs arrested in multi-crore bank fraud case
Reliance execs arrested in multicrore bank fraud case
Tariff refunds to start rolling out; Walmart to get $10 billion, others billions
American businesses are set to receive billions in refunds for unconstitutional tariffs imposed by former President Trump. The US Customs and Border Protection is launching an online portal this week for importers to file claims, with refunds expected within 60-90 days.
Inflation Not Expected to Have Big Impact on Global Economy: Capital Group
Capital Group's Noriko Chen says this market disruption looks "a little bit more temporary" as it's mainly about short-term energy supplies rather than oil and gas production. She tells Bloomberg Television that while inflation will run higher, it's not expected to have a big impact on the global economy. (Source: Bloomberg)
Dubai's Global Village's vendors slash prices as Season 30 enters final weeks
A quick tour through Global Village reveals one thing shoppers are always looking for: offers and discounts. While some vendors are promoting bulk deals, others have set up dedicated racks with specially priced items.In the Chinese pavilion, several clothing vendors had little signages advertising special rates, especially for bulk buys. ‘Three pieces for Dh100,’ read one sign. Several vendors loudly advertised their prices and invited customers to look at their products. One seller Anne, said s...
10% of Indian households can rise to a higher economic class just by quitting tobacco: Study
Authors suggest integrating tobacco control with flagship poverty programmes, other nutrition and livelihood schemes.
Amazon files lawsuit after losing millions in fake laptop and GPU refunds
A sophisticated refund scam has cost Amazon $4 million in stolen goods like graphics cards and laptops. A group named RBK allegedly exploited customer support by claiming packages never arrived, even using fake police reports. Amazon uncovered the scheme through an undercover investigator, leading to a lawsuit against named individuals and unknown accomplices.
Saudi Arabia revokes licences of 11 recruitment offices over violations
Saudi Arabia’s Ministry of Human Resources has revoked the licences of 11 recruitment offices and suspended three others for a range of violations, including delays in refunding clients and failure to address complaints. The ministry said it suspended the operations of three offices immediately and revoked the licences of 11 others after they failed to rectify violations within the specified deadline during the first quarter of 2026.Get updated faster and for FREE: Download the Gulf News ap...
Chinese circuit-board supplier Victory Giant jumps 57% in Hong Kong share debut
Victory Giant, a Chinese manufacturer of printed circuit boards (PCBs) for artificial intelligence and high-performance computing, rose by 57.23 per cent in its trading debut in Hong Kong on Tuesday, as investors rushed to tap into surging global demand for the hardware powering the AI infrastructure boom. Shares in the Guangdong-based company, a supplier to US chip leader Nvidia, opened at HK$330, versus the offer price of HK$209.88 – the maximum offer price. The firm raised HK$20 billion...
Which global firms are being attracted by Hong Kong’s strategic enterprise scheme?
Twenty-two strategic enterprises have signed agreements with the Office for Attracting Strategic Enterprises (OASES) to open or expand operations in Hong Kong. The latest group marks the sixth cohort under the government’s flagship investment attraction initiative since its launch in 2022, bringing the total number of strategic partners to more than 120. The South China Morning Post looks at who the latest companies are and the anticipated economic impact. 1. Who are the corporations? Pfizer, a....
Maker of China’s C919 jet weighs supply chain weaknesses amid delivery delays
China’s top civilian aircraft manufacturer is reassessing geopolitical risks to its supply chains – particularly for jet engines sourced from foreign firms – according to a source at the planemaker, as deliveries of its flagship C919 passenger jet appear to be late or delayed this year. The Shanghai-based Commercial Aircraft Corporation of China (Comac) is facing external and internal constraints, including reliance on foreign suppliers for critical components and persistent manpower shortages,....
Why did DA increase by only 2% this time? Here's the real reason
Why did DA increase by only this time Heres the real reason
WTI, Brent crude prices slide in morning Asian trade on expectations of Iran-US talks in Islamabad
Oil prices fell in early Tokyo trading Tuesday (April 21, 2026) as markets focused on expectations for fresh Iran-US talks in Islamabad, with traders betting diplomacy could ease Middle East supply risks. OilPrice.com data showed WTI crude at $86.58, down 0.84, or 0.96%, while Brent crude stood at $94.96, down 0.52, or 0.54%, at about 10:18 am Tokyo time (1:28 GMT on April 21).Get updated faster and for FREE: Download the Gulf News app now - simply click here.The move came as sentiment shifted a...
Oil prices dip, most stocks rise on lingering Iran peace hopes
With the end of a two-week ceasefire approaching, the White House said Vice President JD Vance was ready to return to Pakistan for fresh negotiations to end a conflict that has sent crude soaring and revived inflation fears. However, the Islamic Republic's position remained uncertain as it accused Washington of violating their fragile truce through its blockade of the country's ports and seizure of a ship. Crude plunged on Friday after Tehran said it would allow ships to transit the St...
India, South Korea eye upgrade in free trade agreement, ‘more balanced’ ties
India imported goods worth $21.06 billion from South Korea in 2024-25 and exported $5.82 billion, resulting in a trade deficit of $15.24 billion.| India News
Huge win for Aussie truckies soon to receive a major fuel boost
Huge win for Aussie truckies soon to receive a major fuel boostREAD MORE: Aussie horrified by a skin-crawling discovery in her underwearBy ANDREW BROWN FOR AAP Published: 01:57, 21 April 2026 | Updated: 01:57, 21 April 2026 e-mail View comments
Picture of disappointment! Couple who thought they'd got a bargain when they ordered a £11.19 garden arch from Temu found it WAS too good to be true
Picture of disappointment! Couple who thought they'd got a bargain when they ordered a £11.19 garden arch from Temu found it WAS too good to be trueBy ADAM POGRUND, REPORTER Published: 01:36, 21 April 2026 | Updated: 01:55, 21 April 2026 e-mail View comments
Businesses start requests for Trump tariff refunds, but glitches reported in new portal
Beginning on Monday, businesses were able to apply for refunds for President Trump's tariffs that were later declared unconstitutional by the Supreme Court. Jo Ling Kent reports on some of the issues they're running into.
Government to propose electricity price changes in clean power push
Government to propose electricity price changes in clean power pushJust nowShareSaveAdd as preferred on GoogleMark Poynting,Climate researcherandJustin Rowlatt,Climate editorPA MediaThe government is to announce on Tuesday a plan to weaken the link between electricity and volatile gas prices, which it says will better protect consumers from energy shocks triggered by international conflicts.The government wants some older renewable energy generators to move to fixed-price contracts, rather than...
In Noida and beyond, workers’ protests are proof that cost of living crisis can no longer be ignored
Perhaps the biggest evidence of distress in the economy is the demand for work under VB-G RAM G, which has remained high even though the wages it offers are almost two-thirds of the market wages in many states
'Bhooth Bangla' crosses Rs 100 crore mark worldwide in 4 days
Akshay Kumar's new horror-comedy 'Bhooth Bangla' has crossed the Rs 100 crore mark globally. The film, released on April 18, 2026, is performing well at the box office. Despite a dip on Monday, its worldwide collection stands strong. The movie features a large ensemble cast and is competing with other releases.