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Ignore the knockers, London is still a fabulous hub for founders
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Oil prices rise as Trump's Iran deal deadline looms
Oil prices rise as Trump's Iran deal deadline loomsJust nowShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterEPAGlobal oil prices rose on Tuesday afternoon in Asia ahead of a deadline set by US President Donald Trump for Iran to open the crucial Strait of Hormuz shipping route.The price of global benchmark Brent crude was up by about 1.4% to $111.33 (£84.13) a barrel, while US-traded oil gained 2.8% to $115.61. On Monday, Trump threatened to take out Iran "in one night&quo...
Alderney fuel duty relief proposed as prices rise
Alderney fuel duty relief proposed as prices riseJust nowShareSaveAdd as preferred on GoogleJosh Dayin AlderneyBBCDave Cranwell runs one of the two petrol stations in Alderney, and said prices were "eye-watering"An Alderney politician has called for a relief on fuel duty in a bid to reduce the impact of rising fuel prices on the island.Alderney States Member Alex Snowdon said he wanted the island's government to explore a relief on the current duty paid on fuel imports.On Monday,...
Slump in F&B sector over Easter break as 28% of Hongkongers leave city
About 28 per cent of Hong Kong’s population – or over 2 million Hongkongers – left the city in the first four days of the Easter break, according to official statistics, with one industry leader saying the outflow had greatly affected business in the local food and beverage sector. The number of outgoing Hong Kong residents rose by 14.34 per cent to 2.12 million between last Friday and Monday, while the 411,972 inbound visitors from mainland China marked a 16.13 per cent year-on-year increase,.....
UK care home provider enters liquidation after failing to pay debts
UK care home provider enters liquidation after failing to pay debtsA professional staffing provider for health and social care, has entered voluntary liquidation after being unable to pay its debtsNewsOlivia Beeson05:54, 07 Apr 2026Updated 05:57, 07 Apr 2026View Image(Image: Maskot via Getty Images)A UK care home provider has collapsed into liquidation after failing to meet its financial obligations.CMS Care Service Limited, formerly known as GHS Clinical Limited, appointed liquidators on March...
Fuel costs and fiscal realities: Pakistan’s tightrope walk
Fuel price increases in Pakistan almost always trigger a strong public reaction. That response is understandable, given the direct impact on household budgets. But these recurring adjustments, and the policy responses that follow, are best understood in the context of a deeper structural reality: Pakistan’s significant reliance on imported energy. The figures illustrate the point clearly. Domestic refineries meet roughly 30 per cent of the country’s petrol demand, while the rem...
Dubai gold slides again, down Dh15 in a week amid war risks
Dubai: Dubai gold prices moved lower on Tuesday morning, adding to a run of declines that has taken shape since the start of April.Sign up for our daily business newsletter, Cheques & Balances.At 8.24am, 24K gold was at Dh557.25, down from Dh561 on Monday, while 22K slipped to Dh516 from Dh519.50. The drop continues a clear downward pattern that has seen prices retreat from Dh573 at the beginning of the month, with each session gradually easing lower and pushing bullion closer to the mid-Dh550...
Setting the record straight: Philippines debunks ₱190,000 per OFW flight cost claims
Dubai: Circulating posts alleging that the Philippine government is spending up to ₱190,000 (approximately Dh11,500 to Dh11,600) per overseas Filipino worker (OFW) for flights back home have stirred concern among Filipino communities abroad.In a message sent to community leaders and volunteers, Philippine Department of Migrant Workers (DMW) secretary Hans Cacdac has clarified the issue, noting that the numbers being spread are inaccurate.“The figures are fake news. We got prices as low as ₱95,0...
Australia scores major win after China froze essential export to the country: 'We need friends'
Australia scores major win after China froze essential export to the country: 'We need friends'Indonesia to continue to export fertiliserChina slapped pause on export in March READ MORE: Aussies issued urgent warning about food supplies By MAISY RAE and CAITLIN POWELL - NEWS REPORTER Published: 05:29, 7 April 2026 | Updated: 05:29, 7 April 2026 e-mail View comments
Traders across Punjab want early closure timings for Cantts, DHA too
LAHORE: Traders across Punjab have appealed to the federal and provincial governments to implement the decision of closing businesses at 8pm across the board without any discrimination, including in the residential and commercial localities falling within limits of cantonments and Defence Housing Authority (DHA). “We accept the proposal and decision of the federal government to close markets, shopping malls, bazaars etc at 8pm daily except the holidays. But we want this decision to be implemente...
Sri Lanka unveils $320 mn subsidy to offset energy costs
COLOMBO: Sri Lanka announced on Tuesday a record $320 million relief package for farmers, fishermen and low‑income households hit hardest by soaring energy costs due to the Middle East war. President Anura Kumara Dissanayake said the package, the biggest state handout ever, would help the most vulnerable in the island nation of 22 million. Cash grants would be paid directly into the accounts of thousands of fishermen and rice and tea farmers, he said. Those living below the poverty line —...
Petrol pump owners threaten nationwide shutdown over commission dispute
The Pakistan Petroleum Dealers Association (PPDA) and the All Pakistan Petrol Pump Owners Association (APPPOA) on Tuesday warned of a nationwide closure of petrol pumps if their demands for an increased commission are not met. Speaking at a press conference at the Islamabad Press Club, PPDA Chairman Abdul Sami Khan said the association had considered a strike but refrained in the public interest. He added that they were neither invited to meetings nor consulted. He demanded that their com...
New state pension rates of up to £241 start this week - full list
New state pension rates of up to £241 start this week - full listThe annual State Pension uprating takes effect this weekCommentsMoneyLinda Howard and Fiona Callingham Lifestyle writer05:18, 07 Apr 2026View 3 ImagesMillions of pensioners across the country will see an increase in their State Pension this month (Image: Getty)Millions of pensioners across the UK will see their State Pension boosted this month as the yearly increase kicks in on April 6. The Triple Lock uplift means those claiming t...
Australia Risks Sharp Recession in Prolonged Iran War
Oxford Economics says Australia's economy could face its sharpest recession since the early 1990's, outside of the pandemic, if the Iran war extends and continues to disrupt supply chains. Australia economist Harry McAuley discusses the outlook on "Bloomberg: The Asia Trade." (Source: Bloomberg)
Oil Gains as Trump Amps Up Threats Before Iran Deadline | The Asia Trade 4/7/2026
"Bloomberg: The Asia Trade" brings you everything you need to know to get ahead as the trading day begins in Asia. Bloomberg TV is live from Tokyo and Sydney with Shery Ahn and Paul Allen, getting insight and analysis from newsmakers and industry leaders on the biggest stories shaping global markets. (Source: Bloomberg)
Iran Amplifies LNG Shortage by Blocking Passages Through Hormuz
Iran has yet to allow a single carrier loaded with liquefied natural gas to pass through the Strait of Hormuz in weeks of war, according to traders involved in the transit, a ban that risks exacerbating global shortages.
Goldman Warns on Copper as Iran War Threatens Global Economy
Copper is vulnerable to further declines if the Strait of Hormuz remains blocked, Goldman Sachs Group Inc. warned, as metals markets brace for President Donald Trump’s deadline for Iran to agree a deal or face sweeping attacks on civilian infrastructure.
Property guru Tom Panos delivers dire warning the next six weeks will be a 'defining period' for the housing market
Tom Panos highlighted several factors were beyond the control of sellers and buyers.
Nat Barr asks the fuel question making every Aussie nervous - as Albanese government sends defiant message to Trump
Michelle Rowland insists fuel rations off the tableRenewed calls for the war in Iran to end READ MORE: Trump calls out Australia again for not joining fight against IranBy KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA Published: 04:06, 7 April 2026 | Updated: 04:06, 7 April 2026 e-mail View comments
Vietnam’s parliament elects Communist Party chief To Lam president
At the party’s 14th congress in January, he was re-elected general secretary of the Central Committee for a term from 2026 to 2031