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Pharmaceutical supply chains get tangled in Trump’s war with Iran

As President Trump’s war in Iran rages on, it’s posing a growing threat to the pharmaceutical supply chain and risks spiking the prices of many drugs, particularly those that depend on petrochemicals.  The war in Iran and the effective closure of the Strait of Hormuz have caused energy prices t...

New PIA owners rattled by rising jet fuel costs, worry about sustainability

Chairman Pakistan International Airlines (PIA) Consortium Arif Habib on Sunday sounded the alarm over the sustainability of PIA operations in the wake of a recent 150 per cent hike in jet fuel rates, calling on the government to reverse the hike in prices. “PIA could be forced to shut down” if jet f...

UN ECA Conference of African Finance Ministers Kicks Off in Tangier for 58th Session

Morocco is hosting the 58th session of the United Nations Economic Commission for Africa (ECA) Conference of African Ministers of Finance, Planning, and Economic Development (COM58) from March 28 to April 3 in Tangier. The post UN ECA Conference of African Finance Ministers Kicks Off in Tangier for...

KPMG UK puts nearly 600 audit jobs at risk as cost pressure deepens

KPMG UK is cutting nearly 600 roles in its audit division and around 120 in advisory, citing tougher market conditions and unusually low staff turnover. The proposed redundancies, potentially affecting up to 440 audit staff, aim to right-size operations. This move highlights broader cost-cutting pre...

Tyrell Fortune wins UFC debut after score error reversal, years after being pronounced dead

UFC heavyweight Tyrell Fortune accepted a fight on two weeks' notice and won by unanimous decision, only to leave the octagon after the cage announcer misread the scores.

Philippine oil refiner Petron buys Russian crude, eyes alternatives

Petron Corp., the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for alternative suppliers to support domestic energy needs with the war in Iran raging. “If the current crisis persists and alternative crude sources...

UAE will emerge stronger, operating at full efficiency: Sheikh Mohammed

Beauty Is A $667 Billion Business And Venture Capital Is Finally Paying Attention

As Cosmoprof Worldwide Bologna wraps its 57th edition this week, AI, biotech, and venture capital are converging on a sector that has long outpaced the attention it receives from institutional investors.

Egypt caps bread prices to shield citizens from inflation, uncertainty

Amid rising global tensions and domestic inflationary pressures, Egypt has reinstated price caps on unsubsidized bread, aiming to shield households from rising food costs. The measure highlights the government's effort to maintain social stability while managing economic challenges in a country wher...

Philippine Refiner Petron Buys Russian Crude, Eyes More If Iran War Persists

Petron Corp., the Philippines’ only refiner, has procured 2.48 million barrels of crude oil from Russia as the Southeast Asian nation scours the world for alternative suppliers to support domestic energy needs with the war in Iran raging.

Investment Opportunities in Venezuela Amid New Leadership

After after the US captured Venezuelan President Nicolas Maduro, Signum Global Advisors chairman and founder Charles Myers saw a potential investment opportunity for a country under new leadership. He joins David Gura and Christina Ruffini this morning on Bloomberg This Weekend to discuss his trip t...

Farmers plead for tax breaks, diesel guarantees and help buying fertiliser as national cabinet meets on fuel crisis

State and federal leaders due to discuss assistance for business sectors but petrol rationing not expected to find backingFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFarmers say the federal government must help them with tax breaks...

MAPPED: Where gas prices are rising the fastest from the Iran conflict

Gasoline, diesel and jet fuel prices have jumped as the conflict between the U.S., Israel and Iran squeezes oil shipments through the Strait of Hormuz.

Indonesia cuts free meals to save US$2.3 billion as fuel prices soar

Indonesia is looking to save up to 40 trillion rupiah (US$2.3 billion) by cutting back on its free meal programme, an official said on Sunday, in a first austerity measure taken in response to price pressures from the Mideast war. The meals, primarily intended for schoolchildren across the country,...

Dh500m tower, Dh200m project, Dh4.6b Sharjah deals highlight property boom

One in five UK hospitality businesses fear collapse as costs surge

Exclusive: Pubs, restaurants and hotels warn of mounting pressure days before rates rises and higher wage bills take effectOne in five hospitality businesses fear collapse in the next 12 months, according to an industry-wide survey that comes days before rises in tax and employment costs kick in.Fro...

A costly plan will keep a steel plant in JD Vance’s hometown running. Locals are aghast: ‘It’s horrible’

Fossil-fuel burning at Ohio facility could burn longer, leaving Middletown residents to face environmental risksSign up for the Breaking News US email to get newsletter alerts in your inboxIt was just a few months after moving from Louisville to Middletown, Ohio, four years ago that Vivian Adams’s s...

Americans struggle as Iran war puts strain on everyday costs: ‘I’m worried we won’t make it through’

Following the US-Israeli strikes on Iran, gas prices, grocery bills and mortgage rates have all climbed The US-Israel war against Iran has sent shockwaves through global markets, leaving many Americans grappling with a growing financial squeeze on everyday living costs.Following the US-Israeli strik...

Event Wagers Face $143 Million Insider Problem as War Bets Boom

Early last Monday, a burst of concentrated trades set off a week in which Wall Street and Washington were abuzz about the possibility that insiders have been using early knowledge of President Donald Trump’s decision making on Iran to lock in big profits.

Hormuz Tracker: Saudi Crude Heads to Pakistan in Rare Transit

A small cargo of Saudi crude is heading to Pakistan after crossing the Strait of Hormuz along a route hugging the Iranian coastline. A total of seven vessels were visible leaving the Persian Gulf on Saturday.