اقتصاد

'Jet fuel shortage' update as Government 'monitoring fuel supplies and pricing'

'Jet fuel shortage' update as Government 'monitoring fuel supplies and pricing'Parliamentary Under Secretary for Transport Keir Mather has responded to a question about fuel supplies and pricingCommentsTravelAmber O'Connor Money and Lifestyle reporter U35s09:41, 20 Apr 2026View 3 ImagesPassengers have shared concerns over upcoming flights (stock photo)(Image: Getty)Passengers worried about the risk of possible jet fuel shortages have been told there is 'no immediate...

Saudi decision raising Saudisation rates to 60% in marketing and sales roles takes effect

Saudi Arabia’s Ministry of Human Resources and Social Development has begun enforcing new decisions to raise Saudisation rates in marketing and sales professions to 60 per cent, following the end of a grace period for private sector firms.The measures, effective from Sunday, April 19, form part of wider efforts to create more employment opportunities for Saudi men and women across the Kingdom.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The rules apply to p...

Delays, rising costs hit Asia’s trade as Gulf crisis spills beyond oil

Malaysia’s busiest container port has started refusing Middle East-bound cargo unless shipping lines can guarantee prompt pickup, in one of the clearest signs yet that the Gulf crisis is working its way past oil and into the everyday trade that moves across Asia. Longer transit times, missed sailings and sharply higher insurance premiums are now rippling across the region’s logistics chain, with wine, spirits and other time-sensitive goods acting as an early indicator of disruption that analysts...

Dollar Will Continue to Fall in Next Few Months, Barclays Says

Mitul Kotecha, head of foreign exchange and macro strategy Asia at Barclays, discusses the outlook for the dollar. "If our base case of a de-escalation does occur, and we do see a continued de-escalation, we see some sort of move towards a peace deal and an off ramp, then that should continue to put pressure on the dollar," Kotecha tells Bloomberg Television. "But this is a near-term view in the next few months," he adds. "Ultimately, we still like the dollar." (Source: Bloomberg)

Why Hong Kong property recovery sceptics miss the bigger picture

Hong Kong’s real estate market has come a long way in the past year. For a sign of the extent to which its outlook has improved, look no further than the rapid shift in expectations for the growth in house prices this year. As recently as January, Morgan Stanley characterised its prediction of a 10 per cent rise in secondary home values as a non-consensus call. Fast forward to today, and its forecast is in line with those of most other industry experts. The outlook for the city’s office market.....

Earthquake off Japan's north coast prompts tsunami warning

World Major earthquake off Japan's north coast prompts tsunami warning Updated on: April 20, 2026 / 4:47 AM EDT / CBS/AP Add CBS News on Google Tokyo — A powerful earthquake struck off the northern Japanese coast Monday, prompting the Japan Meteorological Agency to issue a tsunami alert in the region.The quake registering a preliminary magnitude of 7.5 occurred off the coast of Sanriku in northern Japan at around 4:53 p.m. (2:53 a.m. Eastern on Sunday), at a depth of about 6 miles below th...

Airtel price hike alert, Rs 859 prepaid plan now costs Rs 899, benefits adjusted

Airtel price hike alert Rs prepaid plan now costs Rs benefits adjusted

وزارت خارجه چین: مذاکرات تهران و واشینگتن در مرحله‌ای بسیار بحرانی و حساس قرار دارد

وزارت خارجه چین اعلام کرد مذاکرات آمریکا و جمهوری اسلامی در مرحله‌ای «بسیار بحرانی و حساس» قرار دارد و همه طرف‌ها باید با «مسئولیت‌پذیری» در جهت اجرای توافق آتش‌بس عمل کنند. چین همچنین از اقدام آمریکا در توقیف یک کشتی ایرانی ابراز نگرانی کرد.

Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes

FTSE 100 slides and UK gas prices up amid fears strait of Hormuz will be closed for extended periodBusiness live – latest updatesOil prices rose sharply and European stock markets fell on Monday, after the US seizure of an Iranian vessel hit hopes for a peace deal.Brent crude, the international benchmark for oil prices, rose by as much as 5% on Monday to $95.50 (£70.75) a barrel. Continue reading...

Boost for energy sector: PM Modi to inaugurate Rs 79,450 crore petrochemical refinery — top things to know

Prime Minister Narendra Modi will inaugurate a significant refinery-cum-petrochemical complex in Rajasthan's Pachpadra. Developed by HPCL and the state government, this Rs 79,450 crore facility boasts a 9 MMTPA refining capacity and 2.4 MMTPA petrochemical output. Expected to commence commercial operations in July 2026, it aims to bolster India's energy security and reduce import reliance.

Rs 1,100-crore ‘shell company scam’: Who is Joy Kamdar, the Kolkata businessman arrested by ED?

The agency alleges that digital evidence and incriminating chats have exposed a strong nexus between Joy Kamdar and history-sheeter Sona Pappu, allegedly diverting crores from educational societies into a web of illegal transactions.

Russia, Turkmenistan working to create full cycle of ferrous metal production

Russian First Deputy Prime Minister Denis Manturov highlighted that Russian companies were implementing projects in the areas of metallurgy, mechanical engineering, pharmaceuticals, and light industry in Tajikistan as well

Fresh uncertainty over US-Iran war sends oil price back up

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Mulberry sees sales rebound in year of ‘decisive progress’

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China’s trade with Iran, Gulf states plunges as Strait of Hormuz crisis hits energy flows

China’s trade with Iran and Gulf countries fell sharply in March as restrictions on the Strait of Hormuz tightened amid the US-Israeli war on Iran. Newly released data by Chinese customs showed imports from Iran plunged 48 per cent year on year last month, while exports to the country dropped 90 per cent. Across the broader Middle East, exports to eight Persian Gulf economies – including Saudi Arabia and Qatar – fell by 57 per cent, while imports declined by nearly 33 per cent. The disruption...

Trustpilot hosts reviews of illegal casinos, raising concern among MPs

Reviews website features pages praising unlicensed sites’ supposed qualities as if they were legitimate businessesTrustpilot, the reviews website that offers to “find a company you can trust”, is hosting ratings of illegal casinos, raising concerns in Westminster about the potential risks posed to consumers.Unlicensed casino operators linked to financial harm, addiction and even suicide have flooded the UK market in recent years, often targeting people who are trying to limit their gambling by “...

एयरटेल ने यूजर्स को दिया बड़ा झटका, महंगे हो गए रिचार्ज प्लान्स, पुराने बेनिफिट्स के लिए अब लगेंगे ज्यादा पैसे

Commercial vs residential investing: Which investment gives better returns?

Commercial vs residential investing Which investment gives better returns

Asian financial bodies sound alert on Anthropic’s Mythos AI hacker

Regulators across Asia are stepping up scrutiny of cybersecurity risks in their financial systems, as concerns over Anthropic’s latest AI model Mythos spread. Singapore’s financial regulator is urging banks to plug holes, while South Korea’s government agencies have met to review and discuss how to respond to the risks. In Australia, authorities expect lenders to be vigilant to ensure clients are not put at risk by inadequate controls. The actions around the region reflect rising global concern....

کاهش حمایت دولت از بازسازی؛ مالکان خانه‌های آسیب‌دیده، خود را رهاشده می‌بینند

با زیر سوال رفتن و کاهش تعهدات دولت جمهوری اسلامی برای جبران خسارت خانه‌های تخریب‌شده در حملات آمریکا و اسرائیل، موجی از نارضایتی در میان شهروندانی شکل گرفته که انتظار داشتند دولت، با توجه به شعارها و وعده‌ها، مسئولیت بازسازی را بر عهده بگیرد.