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Fishermen in European tourist hotspot hang up their nets as Iran war leaves their jobs ‘completely unprofitable’

NewsWorldEuropeFishermen in European tourist hotspot hang up their nets as Iran war leaves their jobs ‘completely unprofitable’The industry employs thousands and supplies fresh seafood to the region's bustling tourist industryAntonio Bronic Friday 01 May 2026 14:18 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showCom...

How much control does OPEC still have over oil prices after UAE’s exit?

Dubai: The exit of the UAE from OPEC reduces the volume of oil managed through coordinated quotas, narrowing the portion of the market through which the group can influence prices and raising questions about its ability to steer oil prices.Get updated faster and for FREE: Download the Gulf News app now - simply click hereOPEC does not set oil prices directly but influences them by adjusting supply, with its impact tied to how much production sits within its system. The UAE’s departure shifts par...

Fuel prices may go up by Rs 4-5/litre, LPG price by Rs 40-50/cylinder, decision likely soon: Govt sources

Fuel prices may go up by Rs litre LPG price by Rs cylinder decision likely soon Govt sources

FCC moved against increase in petrol, diesel prices

ISLAMABAD: A private citizen has approached the Federal Constitution Court (FCC), seeking relief against the recent increase in petrol and diesel prices, it emerged on Friday. The government on Thursday raised petrol and diesel prices while simultaneously extending fuel subsidies for motorcyclists and the transport sector, seeking to cushion the impact of rising global oil costs on vulnerable consumers. Moved under Article 175(E) of the Constitution, the petitioner, Advocate Zulfikar Ahmed Bhutt...

Fuel Prices Fall Below MAD 15 per Litre in Morocco at Start of May

Rabat– Fuel prices in Morocco have recorded a decrease of around MAD 1 ($ 0.10) per litre at the beginning of May, bringing temporary relief after several months of consecutive increases in diesel and gasoline costs. Both fuels have now fallen below the MAD 15 ($1.62) per litre threshold. According to professional sources at fuel distribution stations, diesel, one of the most widely used fuels in the country, has dropped by approximately MAD 1per litre, while gasoline has decreased by around MAD...

Czech energy group hints at combined bid for British Steel and Speciality Steel UK

Exclusive: Sev.en Global Investments could turn state-owned businesses into Britain’s biggest steelmakerBusiness live – latest updatesThe owner of the UK’s largest electric steelworks has said the government should find a single buyer for British Steel and Speciality Steel UK (SSUK), a move that would create the country’s biggest steelmaker.Sev.en Global Investments, owned by the Czech billionaire Pavel Tykač, said it not only plans to invest £100m in the UK – mainly in the electric arc steelwor...

Dubai airline refund rules: How to get your money back

Dubai: Dubai has introduced new rules that give passengers flying through the emirate clearer rights and stronger protections, particularly when flights are delayed, disrupted, or cancelled.On April 28, the Dubai Civil Aviation Authority (DCAA) launched the Aviation Consumer Welfare Directive, a formal framework that sets out the rights and responsibilities of passengers, airlines, and licensed travel agents. The directive applies to Dubai-based national carriers and their subsidiaries and code-...

Warnings of a fresh surge in youth unemployment as Green Party pledges to bring in a £15 per hour minimum wage for ALL ages

Warnings of a fresh surge in youth unemployment as Green Party pledges to bring in a £15 per hour minimum wage for ALL agesBy GREG HEFFER, POLITICAL CORRESPONDENT Published: 13:51, 1 May 2026 | Updated: 13:53, 1 May 2026 e-mail View comments

Jio का 100 रुपये वाला रिचार्ज, डेटा समेत मिलेंगे ये बेनेफिट्स

Jio

FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims

Watchdog says legal challenges from Consumer Voice and three lenders ‘create fresh uncertainty for millions of consumers’Business live – latest updatesThe UK financial watchdog is facing four legal challenges against its £9.1bn compensation scheme for victims of the motor finance scandal.The Financial Conduct Authority (FCA) said that it will defend the scheme “robustly” as the “fastest, simplest route for consumers and the most efficient way for firms to put things right”. Continue reading...

How Iran War Is Changing Global Supply Chains

Shahmir Khaliq, head of services at Citi, examines how the shifts in global supply chains from the Iran war are forcing businesses to change how they think about production and input costs. (Source: Bloomberg)

Mercedes and VW announcement 'fresh uncertainty' for UK drivers £829 payouts

The Financial Conduct Authority is defending its £9.1 billion compensation scheme

30 दिनों में 51,902 ने खरीदी इस कंपनी की कारें, अप्रैल में हुई रिकॉर्ड सेल

Home prices are dropping in one-third of U.S. cities. Here's where.

MoneyWatch Home prices dropped in one-third of big U.S. cities in early 2026. Here's where. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Re...

Fed Officials Cite Inflation Concerns in Defending Dissents

The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.

Morocco’s ODCO Drives New Phase of ‘Lalla Al Moutaâouina’ Program

The Secretariat of State in charge of Handicrafts and the Social and Solidarity Economy organized, in partnership with The Office of Cooperation Development  (ODCO), on Thursday in Rabat, the awards ceremony of the 7th edition of the national program “Lalla Al Moutaâouina,” marking a strategic shift in the support framework for women’s cooperatives in Morocco. Held as part of the National Week of the Social and Solidarity Economy, the program now moves beyond a simple award scheme to adopt a str...

What are today's mortgage interest rates: May 1, 2026?

MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 1, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes...

Morocco Labor Day 2026: Minimum Wage Rises but 1.6 Million Still Out of Work

Casablanca — Every May 1st, Morocco’s streets fill with union marchers. Workers, banners in hand, move through Rabat, Casablanca, Marrakech, and other cities demanding better wages, more jobs, and fairer conditions. This year’s Labor Day arrives against a backdrop of recent government moves on wages and labor reform. Just days before, the government held what it called a landmark round of social dialogue. A new round of meetings in April, chaired by Head of Government Aziz Akhannouch, brou...

Watchdog warns millions face ‘fresh uncertainty’ over car finance compensation

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Middle East conflict drags on: Is Iran’s economy approaching breaking point?

Weeks of conflict have intensified Iran's economic pressures, straining its financial system despite ongoing internal resilience and limited external trade. While facing significant business challenges and rising costs, Iran is leveraging domestic resources and alternative trade routes to sustain itself amidst a Gulf standoff and stalled ceasefire talks.