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UK equities surge nearly 2% as Trump says US may exit Iran war soon

London’s main indexes closed higher on Wednesday after US. President Donald Trump signalled that the Iran war could end soon, prompting investors to scale back expectations ​for further interest rate hikes by the Bank of England. The blue-chip FTSE 100 ‌closed up 1.8%, while the midcap FTSE 25...

CFTC Resolves Fraud Case Against Ex-FTX Engineering Chief Singh

Former FTX engineering chief Nishad Singh will have to return $3.7 million in illegal profits under a settlement with the US derivatives regulator over his role at the collapsed cryptocurrency exchange.

IEA, IMF and World Bank to coordinate response to Middle East war’s impact

The heads of the International Energy ​Agency, International Monetary Fund, and World Bank on Wednesday said they will form a coordination group ‌to maximize their response to the significant economic and energy impacts of the war in the Middle East. In a joint statement, the three global bodies not...

Tariff refund payments may take up to 45 days once system operational: Customs

U.S. Customs and Border Protection (CBP) in a Tuesday filing said tariff refund payments may take up to 45 days to review and process once its new claims portal system is operational. The U.S. Court of International Trade is overseeing the process for tariff refunds to importers who paid levies issu...

Oil slides as Middle East uncertainty keeps markets on edge

Oil prices fell on Wednesday after US. President Donald Trump said ​the country will end its war on Iran fairly soon. The front-month Brent contract for June fell $2.91, or 2.8%, to $101.06 per ‌barrel by 1:23 p.m. ET (1723 GMT), bouncing off a session low of $98.35. U.S. West Texas Intermediate cru...

How China’s state insurer is turning Brazil’s credit crisis into an export advantage

With one of the world’s highest benchmark interest rates among major economies, Brazilian importers who buy from China are turning to a state-owned Chinese credit insurer to sustain trade flows that reached US$158 billion in 2024. Facing working capital lines that cost upwards of two per cent a mont...

Aeroflot keeps forecast for 2026 — CEO

Sergey Aleksandrovsky said the airline will complete all the confirmed additional flights to Asian countries despite the aviation fuel price hike in international markets amid the Middle East conflict

How war has put to test RBI's tightrope between growth and slipping macros

How war has put to test RBIs tightrope between growth and slipping macros

Social media earnings now on FBR radar

ISLAMABAD: The Federal Board of Revenue (FBR) has moved to collect income tax on earnings generated through social media platforms, ARY News reported. The FBR has established a procedure to recover taxes from digital earnings and has sought suggestions from experts, giving them one week to submit th...

McCormick Acquires Unilever Food Arm in $44.8B Merger

Bloomberg's Eric Pfanner joins Dani Burger on "Bloomberg Deals." Unilever agreed to combine its food business with spice maker McCormick in a $44.8 billion deal that will create a global seasonings, sauces and condiments company. (Source: Bloomberg)

SBP says teenagers can now independently own, operate bank accounts

The State Bank of Pakistan (SBP) on Wednesday launched a new framework for teenagers’ accounts, enabling them to independently own and operate bank accounts and digital wallets. According to a statement issued by the SBP, the move will build a financially savvy young generation. “By providing a conv...

Oil Falls in Choppy Trade Ahead of Trump Speech on Iran War

 Oil fell in a volatile session, with traders focused on whether US President Donald Trump will soon declare an end to the war in Iran. West Texas Intermediate futures crude slid below $100 a barrel, at one point slumping more than 4.8%, before recovering some of that loss to trade near $99. Tom Klo...

Venezuelan Oil Exports Hit 6-Year High as India Fills China Gap

Indian refiners are emerging as the largest buyers of Venezuelan crude oil, filling the void left by former top importer China as it cuts purchases following the US’ move to control the Latin American nation’s oil sales.

Trump's Iran threats alarm war crimes experts

Donald Trump risks turning America into a "rogue state," a former U.S. ambassador for war crimes issues warned Wednesday after the president threatened to bomb power stations and desalination plants in Iran

Nike Plummets to Lowest in Decade as Turnaround Sputters

Nike Inc. shares tumbled after the retailer gave a surprisingly gloomy outlook for the year ahead, complicating Chief Executive Officer Elliott Hill’s efforts to turn around the business. Revenue is expected to decline 2% to 4% in the current quarter and will be down in the low single-digits for the...

India Today exposes how LPG black marketing thrives in Delhi amid West Asia war

India Today exposes how LPG black marketing thrives in Delhi amid West Asia war

Delhi's LPG black market explodes, cylinders sold 5x at Rs 4,500

Delhis LPG black market explodes cylinders sold x at Rs

India’s IndiGo hikes airfares with revised fuel surcharge from April 2

DUBAI 23°CGOLD/FOREXPRAYER TIMESNEWSLETTERSLOGIN GOLD/FOREXDUBAI 23°CPRAYER TIMES BUSINESSBUSINESSBANKING & INSURANCEAVIATIONPROPERTYTAX NEWSCORPORATE TAXANALYSISTRAVEL & TOURISMMARKETSRETAILCORPORATE NEWSTECHAUTO Business / AviationIndia’s IndiGo hikes airfares with revised fuel surcharge from Apri...

Jeff Koons Says Anyone Can Participate in the Dialogue of Art

Jeff Koons, known for his paintings and sculptures like Play-Doh, talks about where he got his inspiration. He also explains how anyone can participate in the dialogue of art. Koons is on this week's episode of "The David Rubenstein Show: Peer to Peer Conversations." This interview was recorded Febr...

'रूस-ईरान का बैन तेल सस्ते में खरीद रहा चीन', अमेरिकी सांसदों ने ट्रंप से की शिकायत