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War on Iran leaves $58 billion repair bill across region – report
US-Israel strikes and Tehran’s retaliation are pushing oil and gas facility damage costs toward $50 billion, Rystad Energy projects The US-Israel war on Iran could push regional repair costs in the Middle East to as much as $58 billion, with oil and gas facilities alone accounting for up to $50 billion, according to an analysis released by energy research firm Rystad. However, the report stresses that the main constraint is not funding but limited global capacity to supply key equip...
What PIF pulling funding for LIV Golf would mean for Newcastle United and its Saudi ownership
On Wednesday, The Athletic reported that Saudi Arabia’s Public Investment Fund (PIF) is preparing to pull its multi-billion-dollar funding of LIV, the rebel golf league, according to golf industry sources.The controversial project was launched in 2021, with hundreds of millions of dollars being offered to golf’s leading names. It led to a bitter schism in the sport, with the likes of Brooks Koepka, Bryson DeChambeau, Dustin Johnson, Phil Mickelson, and Jon Rahm among those to sign up for the tou...
Why the UK is preparing for food shortages due to Iran war
The BBC's Emma Simpson explains why fizzy drinks, salad and meat could be affected by the Gulf conflict.
MetLife Stadium train tickets for World Cup games could reach $150
New Jersey’s NJ Transit has this week discussed pricing for a return rail ticket close to or around $150 for a round-trip rail ticket from New York’s Pennsylvania Station to MetLife Stadium for FIFA World Cup games.The 18-mile rail journey, which includes a stop at Secaucus station, ordinarily costs $12.90 for a return ticket — the same pricing for the FIFA Club World Cup final last summer.Advertisement
IPL 2026: Suryakumar Yadav memes break internet after another flop show
Suryakumar Yadav faced intense backlash after a first-ball duck against Punjab Kings, with fans questioning his form and approach. His dismissal left Mumbai Indians struggling early. Strong performances from Quinton de Kock and Naman Dhir highlighted missed responsibility, increasing pressure on Surya to deliver in crucial matches.
KLM cancels flights to and from UK as major airlines face fuel crisis
KLM cancels flights to and from UK as major airlines face fuel crisisKLM is set to cancel more than 100 flights due to the fuel crisis sparked by the war in IranCommentsNewsEliana Nunes News Reporter18:16, 16 Apr 2026Updated 18:28, 16 Apr 2026View ImageKLM Royal Dutch Airlines is the flag carrier of the Netherlands (file)(Image: NurPhoto via Getty Images)A major European airline is set to cancel more than 100 flights - including services to and from London - due to rising fuel costs linked to th...
Trump’s deal with drugmakers was meant to see prices fall. But some companies have been raising them, Senate report says
NewsHealthTrump’s deal with drugmakers was meant to see prices fall. But some companies have been raising them, Senate report saysOne in five American adults say they have cut pills in half or skipped doses to save moneyJulia Musto in New York Thursday 16 April 2026 18:14 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"...
$12,000 CD vs. $12,000 high-yield savings vs. $12,000 money market account: Here's which will earn the most now
MoneyWatch: Managing Your Money $12,000 CD vs. $12,000 high-yield savings vs. $12,000 money market account: Here's which will earn the most now We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for t...
Burger giant MEATliquor enters administration as five London restaurants close
British burger giant falls into administration as five London restaurants closeLondon-based burger chain MEATliquor has entered administration after 17 years in business as the restaurant industry faces rising energy prices and operational costsCommentsNewsEthan Blackshaw Deputy Publishing Lead17:50, 16 Apr 2026Updated 18:01, 16 Apr 2026View 3 ImagesMEATliquor has officially appointed administrators (stock)(Image: d3sign via Getty Images)A much-loved British burger chain has now entered administ...
Henry Paulson Says US Should Prepare for a ‘Vicious’ Bond Crash
Former Treasury Secretary Henry Paulson called on US authorities to prepare a back-up plan in order to avert a potential collapse in demand for Treasuries — an event that he warned would have “vicious” effects.
USMCA Annual Review Risks Halting Mexican Peso Rally, BBVA Says
Yearly reviews of the North American trade pact, a scenario that has become the base case to many in Mexico, would put a drag on one of the best currency rallies in emerging markets, according to BBVA Mexico.
S&P 7000 Rally Fueled by AI Boom | Open Interest 4/16/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Stocks are surging to record highs with the S&P crossing 7,000 as US, Iran ceasefire hopes fuel the rally. TSMC boosting the momentum with a stronger outlook on AI demand. Netflix steps into the spotlight with earnings after losing out on Warner Brothers, while Anthropic rolls out its most powerful AI model yet. Actor Ben McKenzie sounds the alarm on crypto risks and systemic fallout, and Amalg...
Raízen Bondholders Seek $1.6 Billion Injection, Chairman Change
Raízen SA bondholders have presented the Brazilian company with a new restructuring proposal, which includes a capital injection of around 8 billion reais ($1.6 billion), according to people familiar with the matter.
Morocco Reportedly Halts Tomato Exports to Africa Amid Rising Domestic Prices
Rabat – Morocco has reportedly halted its tomato exports to African countries in a bid to curb rising domestic prices. The decision comes as tomato prices reached MAD 15 ($1.63) per kilogram, weighing down average and low-income households. Spanish news agency EFE quoted sources from the Moroccan Interprofessional Federation of Fruit and Vegetable Production and Export (FIFEL), saying the measure was adopted on Monday by the Independent Agency for the Control and Coordination of Exports. B...
$150 million MLB contract after 17 games, plus Sacramento playoffs?
The Windup Newsletter ⚾ | This is The Athletic’s MLB newsletter. Sign up here to receive The Windup directly in your inbox. We have yet another big extension going to a rookie, but the established stars have also been putting on a show. I also found quite the story about an MLB umpire, and Ken says the A’s are no longer going under the radar. I’m Levi Weaver, here with Ken Rosenthal — welcome to The Windup! 2026 has already seen a slew of extensions for young players who have yet to establish...
Next chief executive Simon Wolfson paid record £7m last year
Company says ‘sustained outperformance’ merited pay rise as it ups profit guidance by £8m for the year to January 2027Business live – latest updatesThe Next chief executive, Simon Wolfson, took home more than £7m last year, his highest ever pay package, and could be handed up to £9.27m this year after the retailer announced plans to increase his basic salary and bonuses.The listed company said it was increasing its pay deal for the long-term leader of the fashion and homewares retailer, which no...
Pentagon taps US carmakers for weapons production – WSJ
Washington has reportedly approached General Motors and Ford as it seeks to expand military output amid ongoing conflicts The Pentagon has approached major US car manufacturers General Motors and Ford about producing weapons and military equipment, the Wall Street Journal has reported, citing sources. General Motors already supplies military vehicles to the Pentagon through its GM Defense unit, while Ford has no major military contracts. The discussions reportedly involved senior ex...
Stock Market Outlook: शेयर बाजार में फिलहाल नहीं आने वाली है बड़ी गिरावट? भरोसे के ये 3 बड़े कारण
Stock Market Outlook
UAE Dirham to Pakistani Rupee Rate Today – April 16, 2026
BusinessPakistanUAE Dirham to Pakistani Rupee Rate Today – April 16, 2026By Web Desk-Apr 16, 2026Dubai / Karachi, April 16, 2026 – The UAE Dirham (AED) is trading at 76.06 Pakistani Rupees in the open market today, showing only minimal movement from recent levels. The pair continues to hover comfortably within the narrow 76.00–76.50 PKR range that has been the dominant trading zone for the past several months, offering the kind of predictability that Pakistani expatriates and their families have...
Prince Al Waleed’s Kingdom Holding to acquire majority stake in Al Hilal
BusinessInternationalPrince Al Waleed's Kingdom Holding to acquire majority stake in Al HilalBy Reuters -Apr 16, 2026Kingdom Holding Company, owned by billionaire businessman Prince Al Waleed bin Talal, has signed a binding agreement to acquire a 70% stake in Saudi Pro League soccer club Al Hilal, Saudi Arabia’s Public Investment Fund (PIF) said on Thursday. The deal values the share capital of Al Hilal at 1.4 billion Saudi riyals ($373.20 million). The agreement supports the PIF’s str...