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PepsiCo Beats on Salty Snacks Rebound, Beverage Innovation
Bloomberg Intelligence's Kenneth Shea discusses PepsiCo's strong earnings performance, highlighting a rebound in salty snack sales and successful innovation in the beverage segment. He speaks on "Bloomberg Open Interest." (Source: Bloomberg)
OCP Completes $1.5 Billion Hybrid Bond Issuance on International Markets
Rabat – The OCP Group, Morocco’s giant fertilizer group, has conducted its hybrid bond issuance on global capital markets for a total amount of $1.5 billion. Financial Afrik reported on Wednesday that the Moroccan group has launched Africa’s first hybrid corporate bond issuance in dollars. After engaging in a “series of calls “ with institutional investors. “BNP Paribas, Citi, and J.P. Morgan has been appointed as bookrunners. The operation will involve perpetual subordinated bonds with fl...
Gold is rising slowly: Should you expect a big move soon?
Gold is rising slowly Should you expect a big move soon
Trump, administration officials differ on when gas prices may fall as Iran war continues
President Trump continues to say the Iran war is "very close to over," but no new peace talks have been confirmed. Meanwhile, gas prices remain elevated, and while Mr. Trump says they'll plummet "very soon," Treasury Secretary Scott Bessent has a different timeline. Weijia Jiang reports.
Al Hilal sold by Saudi Arabia's Public Investment Fund to Kingdom Holding Company
Saudi Pro League club Al Hilal have been sold by the country’s Public Investment Fund (PIF).PIF, the Saudi Arabian sovereign wealth fund, has sold a 70 per cent stake in Al Hilal to Kingdom Holding Company, the firm run by Prince Alwaleed Bin Talal, the billionaire businessman and member of the Saudi royal family. The deal values Al Hilal at SAR1.4billion (£276million; $373m).Advertisement
Europe has six weeks’ supply of jet fuel left, energy boss warns
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Didn’t file your taxes on time? Here’s what a tax expert says you should do next
If you missed the April 15 tax deadline, the clock is already ticking on penalties and interest — but there are still steps you can take to reduce the damage.Experts say taxpayers should file immediately, even if they can’t pay their full bill, and pay as much as they can to avoid the steepest penalties. Those who still owe can apply for a payment plan to manage the remaining balance.TAX DAY IS THIS WEEK: AVOID THESE 5 COMMON MISTAKES THAT CAN COST YOU MONEYThe IRS says most applicants receive i...
HCP Forecasts Morocco’s Economy Grows 4.7% Despite Global Uncertainty
Rabat – Morocco’s economy is expected to grow by 4.7% in the second quarter of 2026, according to the High Commission for Planning (HCP) in its latest economic outlook note. The agency attributed the projection to a strong base effect linked to last year’s activity, as well as continued recovery in the agricultural sector and steady domestic demand. Household consumption is expected to rise by 4.2%, while investment spending is projected to remain moderate, increasing by about 3.8% in fixe...
Apple and Nvida chipmaker TSMC reports huge jump in profits amid Iran war
TechApple and Nvida chipmaker TSMC reports huge jump in profits amid Iran warThe world's largest contract chipmaker also warned of potential impacts from the Iran warChan Ho-Him Thursday 16 April 2026 14:22 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"CF1:2958867To1...
Billionaire Dangote Boosts Jet Fuel to Europe as War Hits Supply
A mega-refinery owned by Africa’s richest person is becoming an increasingly important source of vital jet fuel supplies to Europe, helping fill a gap left by the impact of the Iran war while boosting profitability.
Europe has 'maybe 6 weeks of jet fuel left', energy boss warns as Strait of Hormuz effectively closed
Europe has 'maybe 6 weeks of jet fuel left', energy boss warns10 minutes agoShareSaveAdd as preferred on GoogleTheo Leggett,International Business CorrespondentandJemma Crew,Business reporterGetty ImagesEurope has "maybe 6 weeks of jet fuel left", the head of the International Energy Agency (IEA) has warned.Stocks would reach a tipping point in June if Europe was unable to replace at least half of its imports from the Middle East, the organisation said in a report this week....
The struggle to help Mozambique’s poorest villages as aid cuts really bite: ‘I feel our feet are being cut off’
Harry Johnstone speaks to members of community groups aiming to improve the lives of villages and towns across northern Mozambique - even as aid cuts filter down to them, making the job increasingly difficult
How weak rupee, West Asia tensions fanned 'imported inflation'
How weak rupee West Asia tensions fanned imported inflation
Chicago criminal who shocked world after he and friends livestreamed racist torture of disabled white teen in 2017 back behind bars over claims he robbed white cyclist
Chicago criminal who shocked world after he and friends livestreamed racist torture of disabled white teen in 2017 back behind bars over claims he robbed white cyclistGRAPHIC CONTENT WARNING By WILL POTTER, US SENIOR NEWS REPORTER Published: 14:00, 16 April 2026 | Updated: 14:05, 16 April 2026 e-mail View comments
Questions swirl over future of Spirit Airlines amid rising jet fuel costs due to Iran war
Spirit Airlines could soon be forced into liquidation. As the price of jet fuel has nearly doubled this year, driven by the Iran war, sources say some of Spirit's creditors question the budget airline's ability to make debt payments or return to profitability. It filed for bankruptcy last year. Kris Van Cleave reports.
Trade tensions make rest of world less keen to invest in US and China, survey finds
Trade tensions between the US and China have made companies around the world less keen to invest in either country, with the United States almost twice as unpopular, according to a new report from Allianz Trade. The report, based on an annual survey by the Paris-based international insurance company, said US-China decoupling had not materialised, but investment intention towards China had dropped “significantly” to 24 per cent of survey respondents, down from 53 per cent a year ago. The survey.....
Europe has 'six weeks' of jet fuel left with mass flight cancellations coming 'soon'
Europe has 'six weeks' of jet fuel left with mass flight cancellations coming 'soon'International Energy Agency head Fatih Birol says the world faces 'the largest energy crisis we have ever faced,' stemming from the Strait of Hormuz blockadeCommentsNewsTim Hanlon News Reporter13:58, 16 Apr 2026Updated 14:08, 16 Apr 2026View ImageEurope has only a few weeks left of jet fuel says head of International Energy Agency(Image: Olivier Hoslet/EPA/Shutterstock)Europe faces a...
Average 2026 tax refunds up, but well below Trump’s expectations
Tax refunds for 2026 may be higher, but they are falling well below President Trump’s expectations after his “One Big Beautiful Bill” was signed into law last year, ensuring new tax breaks for Americans. The average check going to Americans is up 11 percent, at $3,462, from 2025’s $3,116, according to filing season data from…
UAE weather: Light rains expected; Dubai to see high of 27ºC
As temperatures rise across the UAE, residents in some areas can expect relief with rains on Friday, April 17, according to a forecast by the National Centre of Meteorology (NCM). Light rainfall is expected over some western coastal areas and islands, as conditions remain partly cloudy to cloudy overall. Light to moderate Northwesterly to Southwesterly winds are set to blow, freshening at times, with a speed of 10-25 km/hr, reaching 35 km/hr. Stay up to date with the latest news. Follow KT on Wh...
IMF warns Asia may face sharper hit from Middle East energy shock
IMF warns Asia may face sharper hit from Middle East energy shock