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India Bank Options Hedging Costs Climb on RBI, Geopolitical Risk
The cost of hedging against swings in a key Indian banking gauge relative to the broader market has surged, as traders brace for the central bank’s rate decision as well as a potential escalation in the Middle East war.
Sri Lanka secures supplies of Russia oil – minister
The first deliveries of Russian crude are expected in mid-April, the island nation’s transport minister has said Sri Lanka will purchase crude oil from Russia after reaching an agreement with Moscow amid the energy crisis spurred by the Middle East conflict, the island nation’s transport minister, Bimal Rathnayake, has said. Rathnayake told TASS on Monday that “energy is our priority today,” addi...
Verdant Partners expands strategic advisory platform from the UAE
Verdant Partners, a Dubai-headquartered strategic advisory firm, has announced the expansion of its platform to support international businesses with market entry, capital structuring, and cross-border execution across the Middle East. The firm has worked across mergers and acquisitions, capital raises, and complex restructurings since its founding.Founded by Adam Ali and Sakhib Waseem, Verdant Partners operates at the intersection of strategic advisory and capital connectivity, working with gl...
Sporting Lisbon's true feelings on Viktor Gyokeres after bitter Arsenal transfer
Sporting Lisbon's true feelings on Viktor Gyokeres after bitter Arsenal transferViktor Gyokeres left Sporting Lisbon under a cloud last summer, having gone AWOL in order to push through his move to Arsenal, and he could get a frosty reception when he returns on TuesdayCommentsSportNathan Ridley Senior Sports Reporter07:56, 07 Apr 2026View 2 ImagesViktor Gyokeres' move to Arsenal was acrimonious(Image: Glyn KIRK/AFP via Getty Images)Sporting Lisbon star Maxi Araujo insists that there&#x...
Bill Ackman’s Pershing Square Capital Unveils Takeover Bid for Universal Music Group
Bill Ackman’s Pershing Square Capital Management disclosed early Tuesday that a takeover bid for Universal Music Group has been submitted to UMG’s board. The offer includes about $10.9 billion in cash, plus additional stock consideration that pushes the total consideration to about $35 a share. Pershing Square said that UMG’s stock has been undervalued because […]
رسانه سپاه پاسداران: ترامپ به وضوح به دنبال دیدار و توافق با ایران است
خبرگزاری فارس، وابسته به سپاه پاسداران، به نقل از یک منبع گزارش داد دونالد ترامپ «بهوضوح به دنبال دیدار و دستیابی به توافق» با جمهوری اسلامی است. این رسانه نوشت: «پنج رییس دولت کشورهای دوست و هشت سرویس اطلاعاتی تماس گرفتهاند و تلاش میکنند روزنهای برای آتشبس ایجاد کنند.»
Sanjeev Mansotra Planet One signs strategic joint venture with state mining company of Tanzania for graphite mine
Planet One Group announced signature of a joint venture agreement with State Mining company of Tanzania for funding and developing 3 graphite concessions in the Mererani region of Tanzania. This marks a significant step towards diversification of Planet One’s mining portfolio currently consisting of bauxite, iron ore, gold, lithium and heavy mineral sands (HMS) across Africa. Graphite — recognised globally as a critical energy transition mineral with applications in batteries, electronics, manu...
Brent Oil Is Stressed, Not Broken, by War, Morgan Stanley Says
The growing stress in the oil market triggered by the Middle East war is showing up in huge premiums for prompt real-world barrels, with the wider Brent complex working as it should, according to Morgan Stanley.
Pensioner nearly drowns during charity walk
Pensioner nearly drowns during charity walkJanet Baldock, 67, was on a gruelling 700-mile trek when disaster struckCommentsNewsHoward Lloyd Regional content editor07:26, 07 Apr 2026Updated 07:26, 07 Apr 2026View 4 ImagesJanet almost drowned on her trek(Image: Cover Images)Janet Baldock, aged 67, never anticipated that her dream of walking the Wales Coast Path would nearly cost her life in Carmarthenshire. Travelling solo, Janet was just five weeks away from completing a 700-mile journey when she...
Italy’s ENI announces gas discovery off Egypt coast
CAIRO, Egypt: Italian energy giant ENI announced on Tuesday a “significant” natural gas discovery off Egypt’s Mediterranean coast, as the North African country struggles to secure its energy needs due to the US and Israel’s war with Iran. “Preliminary estimates indicate about 2 trillion cubic feet of gas” in the Eastern Mediterranean Temsah oil and gas field, the company said in a statement. Egypt’s natural gas supplies from Qatar and Israel have been si...
European Gas Ticks Higher as Trump Threatens Iran War Escalation
European natural gas prices edged higher after US President Donald Trump escalated threats to obliterate key Iranian infrastructure if his terms for a deal to end the conflict aren’t met before a Tuesday deadline.
FTSE 100 Live 07 April: Markets in red as oil price rises ahead of Trump deadline
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Price of first class stamp rises to £1.80
Price of first class stamp rises to £1.80Just nowShareSaveAdd as preferred on GoogleJemma CrewandJonathan Josephs,Business reportersGetty ImagesThe price of stamps has risen again, as the postal service faces criticism for failing to hit delivery targets.A first class stamp now costs £1.80 - an increase of 10p - while a second class letter has risen by 4p to 91p.Royal Mail has said the increases are necessary because people are sending far fewer letters while the number of addresses continues to...
UK City firms report fastest turnaround in fortunes in 30 years
CBI figures showing surprise jump in financial sector’s growth will be welcome news for Rachel ReevesBritain’s financial services companies have reported a strong recovery in activity at the start of the year, in a surprise boost to the government after a gloomy end to 2025.Banks, insurers and investment managers said their businesses were growing, with a positive balance of nearly two-thirds noting an expansion, according to a long-running survey by the Confederation of British Industry (CBI),...
Oil Rises as Trump Escalates Iran Threats
Oil rose a third day as US President Donald Trump escalated threats to obliterate key Iranian infrastructure if his terms aren’t met before a Tuesday deadline. Bloomberg's Anthony di Paola reports. (Source: Bloomberg)
Teacher says Motability mileage changes will cost her £3,000 extra a year
Teacher says Motability mileage changes will cost her £3,000 extra a yearKay Millar, 29, is one of thousands set to be affected by changes in the schemeCommentsNewsHoward Lloyd Regional content editor06:49, 07 Apr 2026Updated 06:49, 07 Apr 2026View 2 ImagesKay Millar, 29, says the changes will have a profound effect on her(Image: SWNS)A teacher who relies on a wheelchair has warned she faces being confined to her home due to upcoming changes to the Motability scheme. Kay Millar, 29, says she wil...
Oil climbs, stocks slip as Iran deadline keeps markets on edge
Dubai: Oil prices moved higher on Tuesday while equities lost momentum, with investors pulling back ahead of a key US deadline tied to the Iran conflict.Sign up for our daily business newsletter, Cheques & Balances.Brent crude climbed above $111 a barrel after volatile swings, continuing a steady upward grind in recent sessions. At the same time, US stock futures fell about 0.5%, while Asian markets struggled to hold early gains, reflecting hesitation across risk assets.Get updated faster and f...
Young Aussie left stunned by petrol station's request as war drives up fuel prices: 'It felt surreal'
Young Aussie left stunned by petrol station's request as war drives up fuel prices: 'It felt surreal'READ MORE: Single image shows fuel shortage solution backfire in Victoria By NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 06:38, 7 April 2026 | Updated: 06:40, 7 April 2026 e-mail View comments
Gold prices drop in Pakistan — April 7, 2026
KARACHI: Gold prices in Pakistan fell on Tuesday, April 7, 2026, following a downward trend in the global bullion market, according to the All Pakistan Sarafa, Gems, and Jewellers Association. The price of 24-karat gold per tola declined by Rs 3,000, settling at Rs 488,462, compared to Rs 491,462 on the previous trading day. Similarly, the price of 10 grams of 24-karat gold dropped by Rs 2,572 to Rs 418,777 from Rs 421,349, while 10 grams of 22-karat gold decreased by Rs 2,358 to Rs 383,892 from...
Hong Kong property launch sees brisk sales as buyers unfazed by Trump’s Iran warning
Hong Kong homebuyers flocked to the second round of new flat sales at the La Mirabelle I project in Tseung Kwan O, underscoring continuing demand for property amid escalating tensions in the Middle East. By noon, 72 of the 168 units had been sold, according to agents. Another 86 flats have been made available via tender. The flats via the regular sale were priced between HK$5.93 million (US$756,000) and HK$8.99 million, including maximum discounts of 15 per cent. They were priced 1 per cent...