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Oil prices surge again after Trump speech on Iran war
Oil prices surged again on Thursday after President Trump did not provide a clear timeline for the end of the Iran war or a potential reopening of the Strait of Hormuz during his nationwide address on Wednesday night. CBS News senior business and tech correspondent Jo Ling Kent has more.
Petrol price hike: Govt announces subsidy for motorcyclists, transport Sector
ISLAMABAD: Following a record increase in petrol price, the government has unveiled a relief package aimed at easing the burden on key segments, including motorcyclists, transporters, and small farmers, ARY News reported. According to reports, Federal Finance Minister Muhammad Aurangzeb announced th...
Steel and cement prices surge sharply in Pakistan
KARACHI: Rising regional tensions involving Iran, Israel and the US are beginning to impact Pakistan’s economy, with sharp increases reported in the prices of key construction materials cement, steel and bricks. The cost of fuel and gas has already surged in Pakistan, and the effects are now spreadi...
Oil Going Closer to $200 per Barrel: Tina Fordham
Tina Fordham, founder & geopolitical strategist at Fordham Global Foresight, joins Scarlet Fu on "Bloomberg Markets." She gives her perspective on geopolitics and oil markets as President Trump comes under increasing international pressure after he pledged to continue the war on Iran, sparking furth...
Petrol prices in Pakistan — April 02, 2026
ISLAMABAD: The government has announced a massive increase in petrol price and diesel rates, a move likely to trigger a fresh wave of inflation across the country, ARY News reported. Minister of State for Finance Ali Pervaiz Malik, flanked by Federal Finance Minister Muhammad Aurangzeb, made the ann...
TAQA Morocco Posts MAD 981 Million Net Profit as Revenue Dips 2.2% in 2025
TAQA Morocco reported a consolidated revenue of MAD 10.64 billion ($1.06 billion) for the fiscal year ending December 31, 2025. The figure marks a 2.2% decline from MAD 10.88 billion ($1.09 billion) recorded in 2024. The post TAQA Morocco Posts MAD 981 Million Net Profit as Revenue Dips 2.2% in 2025...
Muni Market Turnaround in Recent Days: Johnston
Jennifer Johnston, senior vice president and director of research for municipal bonds at Franklin Templeton joins Scarlet Fu on "Bloomberg Markets." The US municipal market’s worst month in more than two years has cheapened the debt enough to lure some investors looking to add to their tax-exempt ho...
India looks to turn LPG import crisis into push for piped gas
India is using a cooking gas crisis triggered by the Iran war to plug leaks in its local distribution chain and strengthen infrastructure to expedite a shift towards piped gas as it looks to reduce liquefied petroleum gas imports and spending on subsidies. The government has invoked emergency power...
Canada’s February trade deficit surges to a six-month high on gold imports
Canada’s merchandise trade deficit came in much wider than expected in February, data showed on Thursday, as a surge in gold purchases abroad pushed imports to a record high. The percentage of Canada’s exports that went to the U.S. dropped to its lowest level of just over 66%, from 68%...
Rosatom CEO sees BRICS grouping at the core of trans-Arctic transport corridor
Alexey Likhachev said that transitioning to the use of the transport corridor as a huge global artery, a world-wide route is the final goal
Abu Dhabi women to get Dh2.5m worth of Lulu shopping vouchers in new campaign
DUBAI 22°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 22°CPRAYER TIMES UAEUAEUNITED IN STRENGTHRAMADANASK GULF NEWSPEOPLEGOVERNMENTEDUCATIONCOURT & CRIMEHEALTHEMERGENCIESENVIRONMENTTRANSPORTWEATHER UAE / HealthAbu Dhabi women to get Dh2.5m worth of Lulu shopping vouchers in new campaign1,...
Prepaid Electricity Meters to be Introduced in Pakistan
The Lahore Electric Supply Company (LESCO) has decided to introduce prepaid power meters to consumers, allowing them to pay for usage in advance. Speaking to ARY News, LESCO Chief Engineer Muhammad Ramzan Butt has said that the system would function in a similar way to mobile phone credit. Read Also...
Russian foreign trade not declining since 2022, despite sanctions
According to Deputy Head of the Russian Presidential Administration Maxim Oreshkin, the geography and currency of payments changed over that period
Brazil’s Overlooked Small Caps Are Starting to Appear Cheap
A flood of foreign money into Brazil’s biggest companies in the first quarter has left small caps trading at their cheapest versus larger peers in over six years, with some investors saying the shift has gone too far.
Private Credit Faces Redemption Pressure | Open Interest 4/2/2026
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." From rising hopes of peace to fresh fears of escalation, President Trump signals tougher action on Iran with no clear timeline. Hedge funds were hit hard as oil surges and trades unravel. Apollo’s J...
Oaktree BDC Chief Sees ‘Excessive Risk-Taking’ in Private Credit
Software-sector weakness, liquidity concerns and a series of bad underwriting vintages are all widening the moat between public and non-traded private credit vehicles, according to Oaktree Capital Management’s Armen Panossian.
Graveyard raid in India uncovers hidden cooking gas canisters amid shortage
Indian police this week seized 414 cooking‑gas canisters hidden in a graveyard in Hyderabad city and arrested those involved in trying to sell them on the black market amid shortages due to the US-Israeli war on Iran, a government official said on Thursday. Authorities have stepped up raids to cur...
China expands digital yuan programme with 12 new bank operators
China’s central bank has expanded its digital yuan programme by adding a dozen additional banks as operators, confirming a Reuters report last month. The 12 new banks allowed to handle the digital yuan include China CITIC Bank, China Everbright Bank, China Guangfa Bank, Shanghai Pudong Deve...
Danube Group pledges no layoffs, on-time salaries amid geopolitical turmoil
DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / Corporate NewsDanube Group pledges no layoffs, on-time salaries amid geopol...
Is it legal to delay salaries or force unpaid leave in the UAE?
DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES LIVING IN UAELIVING IN UAEVISA+IMMIGRATIONHOUSINGPHONE+INTERNETBANKINGTRANSPORTHEALTHEDUCATIONRELOCATEASK USSAFETY+SECURITY Living in UAE / Ask UsIs it legal to delay salaries or force unpaid leave in the UAE?Salary cu...