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Bye-bye, US? Why China’s trade with Africa benefits from Trump’s policy volatility
Africa was China’s fastest growing export market in the first quarter of 2026, up 32.1 per cent year on year to US$60.66 billion, according to customs data, reflecting a continuing shift away from American trade. The growth outpaced other regions of the world, driven by high-value shipments such as machinery and vehicles as well as hi-tech equipment, including solar and battery technology. It continued a trend of Chinese manufacturers turning to the continent to offload excess capacity,...
Trump admin set to launch tariff refund portal. Here's what to know.
MoneyWatch Trump administration set to launch tariff refund portal. Here's what to know. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo April 1...
Drugmakers raised prices on hundreds of drugs despite Trump deals, Senate Democrats report finds
EXCLUSIVEHealth newsHealth newsDrugmakers raised prices on hundreds of drugs despite Trump deals, Senate Democrats report findsThe findings raise questions about whether the administration’s “most favored nation” deals are having a meaningful impact on patients.Listen to this article with a free account00:0000:00President Donald Trump announces the launch of TrumpRx at the White House in February.Nathan Howard / Getty ImagesShareAdd NBC News to GoogleApril 16, 2026, 5:00 AM EDTBy Berkeley Lovela...
EasyJet warns profits will suffer as Iran war hits bookings and fuel prices
Budget airline says passengers are leaving it later to book flights owing to economic uncertaintyBusiness live – latest updatesThe budget airline easyJet has warned the impact of the Iran war on bookings and oil prices will hit its profits, having driven up fuel costs by £25m in the last month alone.It said it expected to report an increased pre-tax loss of £540-£560m for the six months to March, up from £394m in the first half of 2024-25. The carrier typically makes its money in the second half...
Income below exemption limit? These 3 transactions make ITR filing compulsory
Income below exemption limit These transactions make ITR filing compulsory
A1M traffic live: Motorway closed for miles after horror crash as police at scene
NewsUK NewsAccidentsLIVEUpdated 7 mins agoA1M traffic live: Motorway closed for miles after horror crash as police at sceneEmergency services are at the scene of a "serious collision" on the A1M in west Yorkshire which has closed the motorway in both directions between J39 (Barnsdale Bar) and J41A serious accident is causing traffic chaos on the A1MCommentsNewsTim Hanlon News ReporterUpdated 10:01, 16 Apr 2026An HGV has hit a pedestrian in a horror collision on a major UK motorway with...
Equinor Trading Profits to Beat Forecast as War Spurs Volatility
Equinor ASA said first-quarter earnings from its marketing, midstream and processing business will exceed its guidance of about $400 million, with the Middle East conflict driving “significant volatility.”
TCS गुड न्यूज: अब नहीं जाएगी किसी की नौकरी! कंपनी ने किया छंटनी खत्म करने का एलान, सैलरी में भी होगा बंपर इजाफा
TCS
महिला भागीदारी की चर्चा के बीच Maruti का बड़ा ऐलान, कार फैक्ट्री में भी बढ़ा 'वुमन पावर'
Maruti
EasyJet shares drop 9% as it suffers £25m higher fuel bill from Middle East war
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Bullish narrative around India’s economy at odds with struggling rupee
At first glance, the rupee is staging a recovery. India’s battered currency has gained around 1.5 per cent since March 27, making it the best-performing currency in Asia, according to Bloomberg data. However, the recent bounce belies vulnerabilities in India’s economy that have been exacerbated by the energy shock emanating from the war in Iran. India is one of the most exposed among Asia’s leading economies, importing 90 per cent of its oil and more than half its liquefied petroleum gas....
Half-Full Tanker Heading to Japan Highlights Scramble for Oil
A partially filled supertanker heading to Japan after receiving its Middle Eastern oil cargo via a ship transfer at sea highlights the desperate measures the nation’s refiners are taking to secure supply quickly.
EasyJet says first-half loss to deepen on Mideast war
London: British no-frills airline EasyJet on Thursday said it expects to post a deeper first-half loss compared with one year earlier after the Middle East war sent jet fuel prices soaring.EasyJet said it expected a headline loss before tax of between GBP540 million and GBP560 million ($733 million and $760 million) for the six months to the end of March.The figure stood at GBP394 million for the equivalent period in 2025/26."Fuel costs in March were impacted by the escalation of the conflict in...
Live Nation ruled an illegal monopoly: What the landmark verdict means for ticket prices
A federal jury in New York has officially validated years of fan frustration by ruling that Ticketmaster and Live Nation operated as an illegal monopoly, turning the 'digital war' of ticket buying into a landmark antitrust defeat. While the verdict won’t instantly lower service fees, it confirms long-standing allegations from the Department of Justice and state attorneys general that the company used its massive grip on venues, promotions, and ticketing to crush competition and inflate costs. By...
US Russian crude waiver expires: What it could mean for India’s oil imports from Russia
While these short-term waivers, particularly the one pertaining to Russian barrels already loaded on tankers, helped bring more oil to the market, their impact on international oil prices is not so clear as prices have remained elevated since early March
Hormuz disruptions hit! LPG imports halve from Feb levels, domestic output also impacted
Ongoing disruptions to energy flows from the Gulf linked to the US-Iran war continue to unsettle global oil and gas markets, and a ceasefire in place for about a week has done little to improve the availability of cooking gas.
IMF lauds Pakistan’s progress on economic reforms
BusinessPakistanIMF lauds Pakistan’s progress on economic reformsBy Web Desk-Apr 16, 2026International Monetary Fund (IMF) Managing Director Ms. Kristalina Georgieva has appreciated Pakistan’s continued progress on economic reforms. During her interaction with Finance Minister Muhammad Aurangzeb, on the sidelines of the IMF–World Bank Spring Meetings in Washington DC, she noted that Pakistan’s strong implementation of its reform programme has contributed to maintaining macroeconomic stability an...
IMF lauds Pakistan’s progress on economic reforms
International Monetary Fund (IMF) Managing Director Ms. Kristalina Georgieva has appreciated Pakistan’s continued progress on economic reforms. During her interaction with Finance Minister Muhammad Aurangzeb, on the sidelines of the IMF–World Bank Spring Meetings in Washington DC, she noted that Pakistan’s strong implementation of its reform programme has contributed to maintaining macroeconomic stability and building investor confidence. Meanwhile, Finance Minister Muhammad Aurangzeb held a me...
UK could face gaps on supermarket shelves by summer if Iran war continues
Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO2 is disruptedBusiness live – latest updatesThe UK could face some gaps on supermarket shelves this summer if disruption caused by the Iran war continues, with shortages of carbon dioxide potentially hitting supplies of chicken, pork and fizzy drinks.Government ministers are reportedly drawing up contingency plans for a “reasonable worst-case scenario” if the key shipping lane of the strait of Hormuz does...
How to solve the business challenges facing startups
The AXA Startup Angel competition returns for 2026 to celebrate the UK’s most inspiring new startups. Here, judges and previous competition winners share their insights on how to overcome potential obstacles in a tough climate for new businesses