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Will surging fuel prices push Filipinos deeper into credit card debt?
Rising fuel costs linked to the Middle East conflict could push more Filipinos deeper into debt, analysts have warned, with one regional study describing the Philippines’ credit card burden reaching a “critical” risk level. Although credit card ownership in the Philippines remains relatively low, da...
LNG supplies under force majeure, not available for power generation, say officials
ISLAMABAD: Government officials said during a public hearing on Tuesday that liquefied natural gas (LNG) supplies were under force majeure and not available for power generation. Force majeure is a clause included in contracts that allows a party to be excused from its obligations due to circumstanc...
West Asia war: Is the world staring at an energy crisis?
West Asia war Is the world staring at an energy crisis
16-year wait for piped gas: Mumbai societies flag delays despite pipelines in place
year wait for piped gas Mumbai societies flag delays despite pipelines in place
Bipartisan senators unveil measure targeting rural housing costs
A bipartisan group of senators unveiled legislation Tuesday aimed at making it easier for people living in rural areas to buy homes, as affordability remains top of mind for lawmakers and voters heading into the midterms. The legislation, first reported by NBC News, would help nearly 30 million ho...
Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close, survey finds
Sector cites ‘billions of pounds in additional costs’ from new business rates and increase in minimum wage thresholdsTwo-thirds of hospitality businesses are planning to cut jobs as a result of “suffocating” costs imposed by government, as new business rates and higher wage bills come into force.Man...
Want to boost the UK’s birthrate? Fix the housing crisis, research suggests
Policymakers should address financial barriers that hinder young people from starting families, says thinktank Politicians hoping to persuade young people in the UK to have more children should prioritise tackling housing affordability, according to research by the Resolution Foundation thinktank.Th...
Trump says US could end war in Iran in 2 to 3 weeks
President Donald Trump said on Tuesday that the US could end its military campaign against Iran within two to three weeks. “We’ll be leaving very soon,” he told reporters in the White House’s Oval Office, adding that the exit could take place “within two weeks, maybe two weeks, maybe three”. The...
Why Carson Block Is Placing Bearish Bets on Credit ETFs
Carson Block, founder and CEO of Muddy Waters Research, explains his bearish outlook on credit markets, highlighting expectations for credit spreads to widen significantly. He speaks during an interview on "Bloomberg The Close." (Source: Bloomberg)
More rain for Delhi this week, IMD warns of thunderstorms across North India | See forecast
Isolated to scattered rainfall activity is likely in parts of Punjab, Haryana, Chandigarh and Delhi, west Uttar Pradesh and west Rajasthan on March 31, says IMD
‘What can you expect from a govt with people like Netanyahu?’: Palestinians horrified by Israel’s new death penalty law
Fear for her son’s fate kept Maisoun Shawamreh awake through the night in the occupied West Bank following the Israeli parliament’s approval of a law permitting the execution of Palestinians convicted of deadly attacks. “The mothers of prisoners — none of us slept last night,” Shawamreh told AFP as...
Price of Brent Should Be Higher to Reflect Situation in Iran War, Says Ellen Wald
Ellen Wald, president of Transversal Consulting and senior fellow at the Atlantic Council, said that despite high oil prices she feels the price of brent should be even higher to reflect the reality of the situation amid the war with Iran. Wald said that the US could better insulate itself from the...
Food Industry is 'Crazy and Wild' as Costs, Prices Rise, Says Stew Leonard's CEO
Stew Leonard Jr, president and CEO of grocery store Stew Leonard's, said that grocery store owners don't want to raise prices on consumers, but that the landscape of high fuel and food prices has made it tough to maintain profit margins. (Source: Bloomberg)
Singapore’s Circulate Capital Raises $220 Million for Asia Fund
Singapore-based investor Circulate Capital, which invests in and finances firms that recycle plastics and create eco-friendly packaging, has raised $220 million for a second Asia fund despite a global downturn in demand for environmental, social and governance funds.
Seeing Transformative M&A: Freshfields' Ethan Klingsberg
Freshfields Partner and Co-Head of US Corporate and M&A Ethan Klingsberg discusses navigating regulation, key M&A strategies, and why we may see 'transformative M&A' in the next few months. He talks with Bailey Lipschultz and Katie Greifeld on "The Close." (Source: Bloomberg)
US-Iran war bleeds Sensex! Rs 51 lakh cr gone, record FII wipeout - any end in sight?
The selloff by foreign institutional investors (FIIs) has been particularly pronounced. Rupee has seen its worst financial year in over 14 years, breaching the 95 per dollar mark in trade on the last trading day (March 30) of the fiscal year.
Iran oil returns: India set to receive first cargo in 5 years, tanker heads to Gujarat
The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, cove...
Iran Impact Hitting Those at Bottom of 'K-Shaped Economy Hardest, Says Peter Atwater
Peter Atwater, president of Financial Insyghts, said that fallout from the Iran war is 'disproportionately' impacting those at the bottom of the 'K-shaped economy' as Americans feel the crunch of higher energy prices. Atwater says that the US has a 'Downton Abbey' economy, where those at the top can...
Damascus and London: An Economic Harvest from a Long-Standing Path of Support
Speaking to al-Modon, Economic advisor Dr. Ziad Ayoub Arbache views President Sharaa’s visit to London as a defining moment that aligns with broader regional transformations. The post Damascus and London: An Economic Harvest from a Long-Standing Path of Support first appeared on The Syrian Observer.
Syria Positions Itself as the Safe Artery for East-West Energy Flows
Economic specialists argue that Syria’s geography, linking three continents, places it at the forefront of potential East-West transit routes, al-Thawra writes. The post Syria Positions Itself as the Safe Artery for East-West Energy Flows first appeared on The Syrian Observer.