اقتصاد
18071 مقال
Rupee continues to rebound: Currency jumps 31 paise to 94.29 against US dollar
The Indian Rupee strengthened significantly against the US dollar on Wednesday, driven by falling crude oil prices and a weaker dollar index. This recovery, fueled by expectations of a US-Iran framework agreement and potential capital inflows, has pushed the rupee towards the 94.00-93.80 zone. Traders are closely watching the upcoming signing of the US-Iran agreement in Geneva.
'It's a unique scenario' - Inside Lidl's first ever pub
'It's a unique scenario' - Inside Lidl's first ever pub15 minutes agoShareSaveAdd as preferred on GoogleRichard MorganandHayley Halpin,BBC News NIBBCThe pub is a world first for the brandWhen you enter The Middle Ale, it may look like a regular pub, but the reality is far from that.Owned by the supermarket chain Lidl, this public house is a 'world first' for the brand.With the walls painted in bright primary colours and the shelves stacked with produce, the venture may look like a gimmick, but u...
How US quietly kept Gulf crude moving despite Iran's Hormuz blockade
The US military is secretly orchestrating ship-to-ship oil transfers in the Gulf to circumvent Iran's blockade of the Strait of Hormuz. This operation, involving smaller tankers transferring oil to larger vessels offshore, aims to keep energy exports flowing despite the crisis. The system relies on compliance checks and monitoring, with millions of barrels moved since early May.
Microsoft walked away from $3 billion deal with Oracle: Here’s what happened as per Oracle
Microsoft reportedly abandoned a multi-billion dollar cloud infrastructure deal with Oracle due to security and compliance concerns, specifically Oracle's lack of FedRAMP certification. Oracle disputes these claims, highlighting their existing partnership. The situation underscores the intense demand for computing resources driven by the AI boom, prompting major tech players to secure capacity through various means.
Taxi fares set to increase amid rising costs
Taxi fares set to increase amid rising costsJust nowShareSaveAdd as preferred on GooglePhil Wilkinson JonesLocal Democracy Reporting Service, WorcestershireBBCThe increases for Hackney carriage journeys was requested by Worcester Taxi AssociationTaxi fares are set to rise across Worcester despite fears the price hike could reduce customer demand and damage the industry.The increases for Hackney carriage journeys, agreed by the city council, comes at the request of Worcester Taxi Association, whi...
هل يمكنك تخيل أن تصبح أغنى رجل في العالم من خلال الفخامة؟ اكتشف كيف بنى برنارد أرنو إمبراطورية الرفاهية!
من مرآب سياراته إلى قمة قائمة أغنى رجال العالم، قصص برنارد أرنو هي أسطورة ترويها الرفاهية. تعرف على كيفية بناء إمبراطوريته وعلاقته بعالم الموضة والترف.
Inside Bernard Arnault's Luxury Empire: The Rise of the World's Richest Man Worth $211 Billion
From humble beginnings to the helm of a $300 billion empire, Bernard Arnault has become a titan in luxury goods. Discover the timeline, surprising facts, and insights behind his staggering net worth of $211 billion.
India's defence production more than double in 5 years, hits record Rs 1.78 lakh cr
News News: NEW DELHI: India's defence production touched an all-time high of Rs 1.78 lakh crore in the financial year 2025-26, registering a 15.6% increase from .
John Lewis injects £20m into Glasgow city centre store in wider branch reboot
Upgrade to Buchanan Galleries part of £50m spend this year and £800m by 2029 to revive appeal of department storesJohn Lewis is to spend £20m on a revamp of its Glasgow store in the city centre’s Buchanan Galleries in a vote of confidence in the shopping mall not long ago scheduled for demolition.It is the largest cash injection within a wider plan to spend £50m this financial year on refreshing its shops, with department stores in Reading, Cambridge, Leicester and Liverpool all earmarked for an...
A nightmare on Park Street: 'THIRTY layoffs' at Woman's Day publisher Are Media... Staff reveal editors in tears on magland's darkest day: INSIDE MAIL
A nightmare on Park Street: 'THIRTY layoffs' at Woman's Day publisher Are Media... Staff reveal editors in tears on magland's darkest day: INSIDE MAILBy JOSEPH SCRIMSHIRE, SUBSCRIPTIONS EDITOR, AUSTRALIA Published: 05:51, 17 June 2026 | Updated: 05:56, 17 June 2026 e-mail View comments
Privatising Discos won’t be enough
YEARS before I joined K-Electric, I led a large industrial company facing a choice many Pakistani manufacturers know well: keep relying on grid electricity or invest in captive generation. We chose captive power because it made better commercial sense than buying from the grid at prevailing tariffs and operating conditions. Years later, as COO Distribution at K-Electric, I saw the same issue from the other side. That experience taught me a critical lesson: Pakistan’s power sector is not only cha...
Spending cuts to hit growth, warns Fitch
ISLAMABAD: Fitch Ratings on Tuesday warned that spending cuts stronger than anticipated, particularly the continued compression in capital expenditure, could weigh on medium-term growth prospects. In its review of the federal budget 2026-27, Fitch said Pakistan was maintaining a clear commitment to fiscal discipline under the International Monetary Fund programme by targeting a primary surplus of 2pc of GDP and an overall deficit of 3.6pc of GDP. This follows a strong FY26 performance, with a pr...
The loss of iconic craft chain Lincraft sparks warning about Australia's 'dying' DIY retail industry
The loss of iconic craft chain Lincraft sparks warning about Australia's 'dying' DIY retail industryLincraft to close Australian storesRetail guru says it is a warning for the DIY sector READ MORE: Popular Australian online fashion outlet The DOM vanishes See more Daily Mail on Google - save us as a Preferred SourceBy SARAH BROOKES - SENIOR REPORTER, AUSTRALIA Published: 03:44, 17 June 2026 | Updated: 03:45, 17 June 2026 e-mail View comments
BUDGET 2026-27: Auto sector row rocks Senate body
ISLAMABAD: A parliamentary committee on Tuesday witnessed heated exchanges over alleged irregularities in the automobile sector, while recommending relief for exporters, tariff reforms and a review of electricity fixed charges. The Senate Standing Committee on Finance and Revenue, chaired by Saleem Mandviwalla, continued its clause-by-clause review of the Finance Bill 2026. Responding to Senator Faisal Vawda’s allegations, Special Assistant to PM on Industries Haroon Akhtar Khan appeared befor...
BUDGET 2026-27: Only half of FY26 uplift budget spent in 11 months
• PSDP utilisation from July 2025 to May 2026 stands at Rs529.8bn, against Rs1.01tr allocation• Govt cuts development outlay by Rs173bn to finance fuel subsidies after Mideast conflict pushed up oil prices• Only Rs153.86bn spent on uplift activities in special regions ISLAMABAD: Amid a 17 per cent cut in allocations during the outgoing fiscal year, the government and its agencies struggled to implement the Public Sector Development Programme (PSDP), utilising only about half of the budget earmar...
What We Know About Potential $300 Billion For Iran In Peace Deal
BreakingBusinessWhat We Know About Potential $300 Billion For Iran In Peace DealByAntonio Pequeño IV,Forbes Staff. Pequeño is a breaking news reporter who covers tech and more.Follow AuthorJun 16, 2026, 08:16pm EDTJun 16, 2026, 08:17pm EDTToplineIran could have access to up to $300 billion in reconstruction funds if it adheres to a peace agreement it recently struck with the U.S., according to Vice President JD Vance and multiple reports, though official terms of the deal remain scarce as Presid...
من غسيل الصحون إلى ثروة بقيمة 100 مليار دولار: قصة جانسن هوانغ الملهمة!
تعرف على كيف حول جانسن هوانغ، مؤسس شركة نيفيديا، حياته من غسل الصحون إلى بناء إمبراطورية تكنولوجية تقدر قيمتها بـ 100 مليار دولار. استعدوا لاكتشاف أسرار النجاح والدروس المستفادة من رحلته المذهلة!
Crocs Bets Big On Sandals As It Eyes $500 Million Milestone
BusinessRetailCrocs Bets Big On Sandals As It Eyes $500 Million MilestoneByMark Faithfull,Contributor.Forbes contributors publish independent expert analyses and insights. Mark Faithfull is London-based and covers retail and real estate Follow AuthorJun 16, 2026, 07:15pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.SummaryCrocs, long defined by its iconic foam clogs, is expanding its focus into sandals, a rapidly growin...
Cadbury chocolate-owner Mondelez defends staying in Russia
Cadbury chocolate-owner Mondelez defends staying in RussiaJust nowShareSaveAdd as preferred on GoogleDearbail JordanBusiness reporterGetty ImagesDirk Van de Put, chief executive of Mondelez The boss of Cadbury chocolate-maker Mondelez has defended its decision to continue doing business in Russia but admitted he is "not pleased" the firm's taxes are funding the war with Ukraine.Chief executive Dirk Van de Put said it was the "right decision" to stay after Russia invaded Ukraine in 2022, saying p...
Lower oil prices to offer relief to consumers, government
NEW DELHI: Tuesday’s fall in Brent to under $80 a barrel for the first time in three months will allow oil companies to hold pump prices at current levels, while helping govt finances and keeping inflation from rising, provided gains on crude hold.