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Paramount M&A Loan Cut to $49 Billion as Lending Group Swells
Bank of America Corp. and Citigroup Inc. have sold down a multi-billion dollar bridge loan backing Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc. to a wider group of banks, a key step in one of the biggest M&A financings of the year.
Lidl to open 50 UK stores in year ahead as part of £600m expansion plans
Almost 2,000 jobs will be created, with retailer vying to overtake Morrisons as Britain’s fifth largest supermarket Lidl is to open 50 new UK stores in the year ahead as it aims to overtake Morrisons as the country’s fifth largest supermarket chain.The German-owned retailer, which now has more than 1,000 British stores, said it planned to invest more than £600m in UK growth, creating almost 2,000 jobs as it expands its warehouse and logistic network to supply its new outlets. Continue reading...
A 1,300% Rally Turns a Tiny Shipping ETF Into an Iran War Gauge
Every twist in the Iran conflict — every ceasefire bet, every missile strike, every shift in tanker traffic — shows up almost instantly in a $65 million exchange-traded fund that most investors have never heard of.
OpenAI pulls out of landmark £31bn UK investment
Artificial intelligence company cites high energy costs and regulation as reasons for putting Stargate project on holdOpenAI has put plans for a landmark project to strengthen the UK’s AI capabilities on hold, citing high energy costs and regulation.Stargate UK was a part of the landmark UK-US AI deal announced last September, in which US companies appeared to commit £31bn to the UK’s tech sector, part of a larger series of investments intended to “mainline AI” into the British economy. Continue...
Iran ceasefire hasn't lowered gas prices yet. How long will they stay elevated?
Despite the ceasefire with Iran, gas prices in the U.S. remain high. The national average is $4.17 per gallon, according to AAA. Kelly O
What are today's mortgage interest rates: April 9, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: April 9, 2026? 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 the Managing Your Money section for CBSNews.com. He writ...
Track current petrol and diesel prices, service station outages and shipments – Australia's fuel crisis in charts
How much fuel does Australia have left today, and when could we run out? Check how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country since the US and Israel’s war on Iran began in late FebruaryGet our breaking news email, free app or daily news podcastHundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz c...
Oxford University Explores Morocco’s Economic Transformation, Diplomacy
Agadir – A new handbook by Oxford University explores Morocco’s economy and its improvement throughout the years, attributing this development to the country’s integration into the global economy. Oxford University Press published the handbook on April 3, bringing together 53 contributors across 34 chapters, addressing Morocco’s economic transformation over recent decades from 1960 to 2025. Oxford’s handbook also attributed Morocco’s economic involvement to its trade agreements with key p...
Ceasefire Only Seen as a Headline by Oil Market, Says Analyst Schork
Stephen Schork, principal and editor at the Schork Group, explains the factors showing why the global oil market is highly skeptical of the US-Iran ceasefire, despite the slide in prices on Wednesday. (Source: Bloomberg)
IMF strikes staff-level deal with Sri Lanka on $700m in funding
The International Monetary Fund (IMF) reached a staff-level pact with Sri Lanka, which will unlock financing of about $700 million once approved, the lender said on Thursday, calling for reforms, including in fuel levies, to ensure stability and growth. The deal comes as the island nation recovers from its worst economic crisis in decades, which led to a foreign debt default in 2022 and a $2.9-billion IMF bailout programme. Sri Lanka’s economic reforms have supported the recovery, but it has bee...
Inwi Money, Wafacash Join Forces to Expand Access to Financial Services
Marrakech – Inwi Money, a subsidiary of Moroccan operator Inwi, and Wafacash signed a partnership on Wednesday to expand access to financial services in Morocco and support the country’s digital economy. The signing of the partnership took place on the second day of GITEX Africa 2026 in Marrakech. The partnership’s goal is to distribute Wafacash’s services through Inwi Money’s network, which now includes more than 4,000 agents across Morocco. The initiative will enable both parties to enhance th...
Maguire on his major lows and belief he is still one of world's best
Maguire on his major lows and belief he is still one of world's bestImage source, Getty ImagesImage caption, Manchester United defender Harry Maguire (left) with technical director Jason Wilcox during the club's four-day training trip to MaynoothBySimon StoneManchester United reporter in MaynoothPublished5 minutes ago2 CommentsEven for a high-profile international footballer, sometimes mum knows best.In September 2023, when, by his own admission, Manchester United defender Harry Maguir...
Stock Rally Stalls, Oil Rebounds Ahead of US-Iran Talks, Ceasefire Doubts | Bloomberg Brief 4/9/2026
US equity futures fall and oil rises after optimism surrounding the US-Iran ceasefire fade. President Trump pledging to keep US troops in the Persian Gulf ahead of talks between the two sides, which will be led by Vice President JD Vance. Nadia Martin Wiggin of Svelland Capital discusses the moves in oil and Max Kettner of HSBC on how crucial CPI will be when assessing the impact of the war with Iran. (Source: Bloomberg)
Stockholm Office Vacancies at Highest Level Since 1990s Crisis
Vacancy rates for office properties in Stockholm continued to worsen at the start of this year, in a worrying sign for Sweden’s landlords who just escaped a funding crunch but now face more operational challenges.
Equities Reaction to Ceasefire Seen as ‘Pretty Rational’ by HSBC’s Kettner
Max Kettner, chief multi-asset strategist at HSBC, examines the relationship between equities and oil in response to the US-Iran ceasefire and sees a reduction in oil prices to near $80 later this year as “good enough” to drive markets. (Source: Bloomberg)
Reliance Caps Fuel Sales at $11 Per Pump Amid Growing Shortages
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire.
UAE can absorb spending pressure, recover quickly from short conflict, says World Bank
[Editor's Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.]The World Bank on Thursday lowered growth forecasts for the Gulf Cooperation Council (GCC) and Middle Eastern countries in 2026 due to the regional conflict, but said the UAE has sufficient fiscal space to absorb temporary spending pressures and recover quickly from a short conflict.According to the latest edition of the World Bank Group’s Economic Update for the Middle East, N...
Bangladesh eyes more fuel from India amid Middle East volatility
Foreign Minister Khalilur Rahman has also sought more volumes of fertilizer from the neighboring country Bangladesh has sought more fuel from India to offset a supply shortage triggered by the Middle East conflict. Foreign Minister Khalilur Rahman, who was in New Delhi on an official visit on Wednesday, met with India’s minister of petroleum and natural Gas, Hardeep Singh Puri, and conveyed Dhaka’s re...
Lithium giant imposes export curbs
Suspended shipments will resume only if producers meet export, tax, and beneficiation conditions, Zimbabwe’s Mines Ministry has said Zimbabwe’s government has said it will impose export quotas on lithium concentrates and set conditions for the resumption of suspended shipments, tightening state control over a mineral critical to global battery supply chains. The southern African nation’s Mines Ministry ann...
Medicaid work rules will stress states' staffing capacity
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.