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Citi’s Moore Building for Resilience Amid Iran War Risks
Kate Moore, CIO at Citi Wealth, says the firm is taking a barbell strategy to market uncertainty around the Iran war. (Source: Bloomberg)
Shops, markets in Islamabad begin shutting at 8pm as PM reviews austerity measures
The Islamabad administration began enforcing the federal government’s directive to close shopping centres and markets at 8pm from Tuesday as part of a nationwide austerity drive aimed at conserving energy and stabilising the economy. The move followed a decision taken a day earlier during a high-level review meeting chaired by Prime Minister Shehbaz Sharif. The policy applied across Punjab, Khyber-Pakhtunkhwa, Balochistan, Islamabad Capital Territory, Gilgit-Baltistan and Azad Jammu...
Chinese premier calls for expansion of China-Australia trade
China's vast market will remain open to the world, and China is willing to import more high-quality products from Australia, Chinese Premier Li Qiang said on Tuesday.In a phone conversation with Australian Prime Minister Anthony Albanese, Li also said that China stands ready to work with Australia to expand and upgrade bilateral trade, support enterprises of both countries in conducting cooperation based on market principles, and promote mutual benefit and win-win outcomes.Li called on both coun...
Why The Meta $6M Verdict Is A “Joe Camel” Warning For Big Tech
Is Big Tech facing a Tobacco-style reckoning? The Creators' Attorney Tyler Chou breaks down the strategic shift in the $6M Meta verdict you might have missed.
US Premarket Movers: Broadcom, CVS, Estée Lauder, Wingstop
S&P 500 Index futures fall 0.5% as of 7:50 a.m. in New York as traders await President Donald Trump’s Tuesday evening deadline for Iran to make a peace deal.
UK Signals It Won’t Let US Use Bases for Strikes on Iran Energy
The UK government signaled it won’t let the US use British military bases for strikes on Iranian energy or civilian infrastructure after President Donald Trump threatened an escalation of operations against Tehran.
Iran War: Trump 'Not At All' Concerned About Committing War Crimes | The Pulse 4/7
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Wolf von Rotberg, J Safra Sarasin, Equity Strategist; Azadeh Zamirirad, German Institute for International and Security Affairs, Africa and Middle East Research Head. (Source: Bloomberg)
Mozambique Dollar Bonds Slump to 2023 Low on Restructure Plan
Mozambique’s dollar bonds fell to the lowest in almost three years after authorities gave the strongest signal yet of plans to seek restructuring talks with creditors.
Bond Traders Risk Being Wrongfooted by 2022 Playbook, UBS Warns
Traders risk being wrongfooted by bets that major central banks will move in unison to respond to the threat of prolonged war in Iran, according to Bhanu Baweja, chief strategist at UBS Group AG.
Trump’s Hormuz Deadline Lays Bare Scant Options
Iran is tightening control over the strategic waterway even as the US demands a reopening.
OPEC+ oil production cap to grow by 100,000 bpd in May
The oil production cap of OPEC+ countries countries totals 32.71 mln barrels per day in April
Abu Dhabi property hits record Dh66 billion as investor demand surges
Dubai: Abu Dhabi’s property market opened 2026 with its strongest quarter on record, with transactions reaching Dh66 billion, up 160.7% from a year earlier.Sign up for our daily business newsletter, Cheques & Balances.A total of 13,518 deals were recorded in the first three months of the year, compared to Dh25.31 billion across 6,896 transactions in the same period of 2025, according to the Abu Dhabi Real Estate Centre.The surge was led by sales and purchases, which climbed to Dh50.97 billion,...
Cheryl's estranged brother Andrew Tweedy is seen 'begging for money and living in a tent outside a supermarket'
Cheryl's estranged brother Andrew Tweedy is seen 'begging for money and living in a tent outside a supermarket'By REBECCA DAVISON, DEPUTY HEAD OF SHOWBIZ Published: 11:27, 7 April 2026 | Updated: 12:18, 7 April 2026 e-mail 74 View comments
Iran War DisruptsFuel SuppliesAcross Africa
The effects of the Iran war are being felt across Africa, as soaring fuel prices disrupt transportation and put households under pressure. Our reporters explain how the conflict has left the continent reeling. (Source: Bloomberg)
War in Iran Drives Russian Oil Prices to a 13-Year High
Russian crude prices rose to the highest in more than 13 years as Moscow benefited from the Iran-linked global oil rally.
Can Africa tackle the oil shock from the Iran war?
African nations are scrambling to secure oil and gas as the Iran war disrupts supplies from the Middle East.
OPEC+ states to compensate for 3.797 mbd of excess oil production by July 2026
The OPEC Secretariat received updated compensation plans from Iraq, the United Arab Emirates, Kazakhstan, and Oman
Bank Indonesia Prioritizes Stability as Rupiah Hits Record Lows
Indonesia’s central bank is continuing to intervene in the markets with stability its “top priority” following the currency’s three-day slide to multiple record lows against the dollar.
How Kolkata Knight Riders’ Dh10 million Green investment backfired
Kolkata Knight Riders must have bet on a Green future when they invested Rs252 million (approx Dh10 million) to buy 26-year-old Cameron Green in what turned out to be the most expensive purchase of this season’s Indian Premier League (IPL).Instead, the Shah Rukh Khan co-owned side find themselves massively shortchanged, with the Australian all-rounder lasting a mere 14 balls in the three matches he has batted so far in scoring 24 runs and not bowling a single ball.For the record, Kolkata have l...
Trafigura Fraudster Gupta Linked to Mauritian Bank Collapse
The businessman who masterminded a huge nickel fraud against Trafigura Group was named by Mauritius as the ultimate beneficiary of toxic loans that led to the collapse of a local lender.