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Rise in global markets reflects optimism over end of Iran conflict

According to the report, the "easing of tensions" in global markets is driven by the possibility of a ceasefire scenario through diplomatic efforts by China aimed at restoring shipping in the Strait of Hormuz, as well as the suspension of sanctions on Russian oil

If They Pay “Rewards” For Stablecoin Deposits, Then They’re Banks

Imagine how competitive banks would and could be if not so hemmed in by rules that new entrants to the banking sector don’t have to abide.

CPS giving 'investigative advice' to police over Andrew and Mandelson probes

Police are carrying out inquiries into Lord Mandelson and Andrew Mountbatten-Windsor's links to sex offender Jeffrey Epstein.

Russia says will continue helping Cuba after first oil shipment arrives

Foreign ministry spokeswoman Maria Zakharova also called on the US to lift its energy blockade on the island nation.

Iranian missile hits Qatar's oil tanker, all crew safe

Iranian missile hits Qatars oil tanker all crew safe

Is the war ending soon? Investors are convinced it is

Gas-Turbine Prices Surge, Crimping Efforts to Power Data Centers

Surging demand for electricity is driving up prices for natural gas turbines, complicating efforts to supply power to a wave of data centers needed to support artificial intelligence.

India’s Central Bank Tightens Non-Deliverable FX Contract Rules

India’s monetary authority stepped up efforts to curb speculation against the battered rupee, restricting lenders from offering certain offshore foreign exchange derivative contracts, just days after it clamped down on banks’ local currency limits.

Raízen Proposes Creditors Take Large Equity Stake in Restructure

Brazil’s Raízen SA has presented creditors with details of its plan to restructure $12.6 billion of debt, which includes a grace period of at least five years and would see them take over a large equity stake and have more say in the sugar and ethanol producer, according to people familiar with the...

Several oil tankers catch fire in Jammu, 2 gutted

The TOI News Desk comprises a dedicated and tireless team of journalists who operate around the clock to deliver the most current and comprehensive news and updates to the readers of The Times of India worldwide. With an unwavering commitment to excellence in journalism, our team is at the forefront...

Top Gulf Aluminum Producer Halted Smelter After Iran Strike

Emirates Global Aluminium, the Middle East’s top producer of the metal, halted operations at its Al Taweelah smelter after the site was struck by Iranian missiles and drones over the weekend, according to a person familiar with the matter.

Bank of Russia highly values trust in financial system

According to Elvira Nabiullina, the key factors of trust in the financial system are financial stability and price stability

Bank of Russia chief says structural changes in economy are accelerating

Elvira Nabiullina noted that any structural change meant that companies operating on old technologies were increasingly being pushed out of the market and replaced by new, more technologically advanced service providers

US Manufacturing Expands as Input Costs Surge

US manufacturing activity expanded in March by the most since 2022, while input prices continued to surge amid the war with Iran. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)

What you can now get for £100 at the supermarket: How prices have soared by 40% since Covid with olive oil up 133% and beef mince doubling (and this shop cost just £72 in 2021!)

UK retail food prices are already 38 per cent higher than pre-Covid levels and experts fear further significant increases if disruption caused by the war in Iran continues.

France suspects link to pro-Iranian group in foiled Paris bomb plot

France suspects a pro-Iranian group known as HAYI to be behind a foiled attack on Bank of America’s Paris offices, its anti-terrorism prosecutor said on Wednesday, while stressing the link has not yet been formally established. HAYI, which stands for Harakat Ashab al-Yamin al-Islamiyya, or ‌Movement...

Six Met officers investigated after black child suffers broken knee during search

The IOPC is investigating six Met officers, looking at the level of force and whether race was a factor.

Trump approval on economy drops to new low: Poll

A new CNN/SSRS poll found just 31 percent of respondents approved of President Trump’s handling of the economy, a new low relative to the outlet’s previous surveys. The survey, released Wednesday, found that the president’s approval rating on the economy is 8 percent lower than it was in a Jan...

After Exit From CBS News, Neeraj Khemlani Tells Story of ‘Coffee Can Investor’ Who Gets Rich Slowly

As the head of CBS News, Neeraj Khemlani kept looking for stories that would snare the interest of large crowds. Though he left more than two years ago, he hasn’t given up the search. Khemlani, a former producer for “60 Minutes” and a former executive at Yahoo and Hearst, believes he has...

Shares of Garage Clothing’s Owner Jump on Strong Earnings Beat

Canadian fast-fashion retailer Groupe Dynamite Inc. reported earnings above estimates in its fourth quarter and provided an optimistic outlook for the current fiscal year. The shares rose.