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UK energy bills 'better help' update for people on PIP, DLA and AA
UK energy bills 'better help' update for people on PIP, DLA and AAThe Government has issued an update on energy bills as the UK faces growing pressures due to the war in IranCommentsMoneyRobert Rowlands Deputy editor, money and lifestyle, content hub13:22, 15 Apr 2026View 3 ImagesMartin McCluskey, Parliamentary Under Secretary of State (Department for Energy Security and Net Zero), in the House of Commons(Image: Parliament TV)The government has released an update on energy bills as the...
Brazil Taps Euro Bond Market for First Time in Over a Decade
Brazil is returning to international debt markets with its first sale of euro-denominated bonds in over a decade, joining a wave of emerging-market borrowers seeking to diversify their funding sources.
Snap to lay off 1,000 employees, CEO Evan Spiegel's memo puts it on AI
Snapchat's parent company is laying off 16% of its global workforce, impacting around 1,000 employees, as it pivots towards profitable growth and integrates AI to enhance efficiency. CEO Evan Spiegel announced the move, aiming to slash costs by over $500 million by 2026 to achieve net-income profitability.
Is Middle East Unrest Driving Wealth Back to Europe?
Laurent Ramsey, Managing Partner of Pictet Group and Chairman of Pictet Asset Management, joins Caroline Hepker and Stephen Carroll on Bloomberg Radio to discuss the market outlook after weeks of geopolitical tension. He explains why long-term investing remains key, how wealthy clients are diversifying across regions, and whether Europe could benefit from shifting capital flows. The conversation also covers risks in private markets, the impact of AI on finance and cybersecurity threats. (Source:...
Hedge Funds Built for Crypto Turn to Oil and Gold on 24/7 Venues
For years, crypto hedge funds operated inside a marketplace most of Wall Street never saw — trading tokens around the clock on platforms with no closing bell, no clearing house, and no regulatory oversight. The strategies were exotic, the returns were volatile, and the entire operation ran on infrastructure that never slept.
Franco Manca set to close 16 restaurants placing more than 200 jobs at risk
Franco Manca set to close 16 restaurants placing more than 200 jobs at riskRestaurant chain Franco Manca is set to shut around 16 restaurants as part of a restructuring which will hit around 225 jobs with the parent company blaming taxesCommentsNewsTim Hanlon News Reporter13:01, 15 Apr 2026Updated 13:12, 15 Apr 2026View ImageJobs are at risk with restaurants closing(Image: christopher megrath)More than 200 jobs are at risk after Franco Manca says it is set to shut around 16 restaurants as part o...
Dubai offices cross Dh5,130 per square foot as big-ticket deals double in prime districts
Dubai: Office values across Dubai’s main business districts continued to rise in 2025, led by Downtown Dubai where average sales prices reached Dh5,130 per square foot, up 29% from Dh3,986 a year earlier, according to Knight Frank.Sign up for our daily business newsletter, Cheques & Balances.High-value transactions increased sharply, with 167 office deals above Dh10 million completed during the year, a 114% increase on 2024, pointing to sustained investor demand for income-generating assets in e...
US military turns around 6 ships, ‘completely’ halts trade from Iran’s ports amid blockade
The U.S. military on Tuesday said it has turned six ships around in its effort to “completely” halt trade from Iran’s ports — the first effort since President Trump imposed a blockade on the Strait of Hormuz. Within the first 24 hours of the blockade, six merchant vessels complied with U.S. forces to turn around…
Risky Bond Sales Sweep Europe at Fastest Pace Since War Shock
Financial borrowers are rushing to sell riskier bonds in Europe at the fastest pace since before the war in the Middle East began, signaling buoyant credit market sentiment on potential talks to end the conflict.
Russia offers oil relief as US blocks Iran exports
Moscow can replace Tehran’s crude supplies to China, Foreign Minister Sergey Lavrov has said Russia can plug any oil supply gap triggered by the Middle East conflict and help China and other countries withstand US “aggressive adventures,” Russian Foreign Minister Sergey Lavrov has said, signaling Moscow is ready to offset shortages if Iranian exports are squeezed. US President Donald Trump announced the blockade of the Strait of Hormuz, a critical route for...
DWTC Hospitality serves 1.28 million visitors in 2025 as mega events fuel growth
Dubai: Dubai World Trade Centre’s (DWTC) hospitality arm delivered its strongest-ever annual performance in 2025, serving 1.28 million visitors across 2,578 events.The figure marks a 37 per cent rise from the 930,000 visitors served in 2024, underlining the emirate’s rising appeal as a hub for international conferences, exhibitions and corporate gatherings.DWTC Hospitality, which provides catering and event services across major venues including the Dubai International Convention and Exhibition...
Saga returns to profit and set for further growth as travel business booms
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Pakistan plans 2-hour daily power cuts as Iran war drives up energy costs
Pakistan is implementing two-hour evening power cuts due to soaring energy costs and Iran war-related disruptions. Reduced hydropower and reliance on expensive fossil fuels are straining the nation's finances. While urban areas face shorter outages, rural regions, particularly under MEPCO, are experiencing severe, prolonged blackouts, with gas supply to power plants also significantly impacted.
Morgan Stanley Stock Traders See Record-Breaking Quarter
Morgan Stanley’s stock traders took in $5.15 billion in the first three months of the year, a 25% jump that came in ahead of expectations and boosted total trading revenue to $10.7 billion. Dani Burger reports on Bloomberg Television. (Source: Bloomberg)
Norwegian group in talks to buy former Liberty Steel works in South Yorkshire
UK official receiver understood to prefer Blastr as buyer for SSUK’s electric arc furnace in Rotherham and site in StocksbridgeBusiness live – latest updatesUK officials have entered exclusive talks with a Norwegian startup to buy the former Liberty Steel works in South Yorkshire, in a significant step towards its rescue.Norwegian-owned Blastr is understood to be the bidder preferred by the government’s official receiver to take on ownership of the UK’s largest existing electric arc furnace in R...
'Check now' as winner has just three weeks to claim £1million prize
'Check now' as winner has just three weeks to claim £1million prizeIf the money isn't claimed by May 3 it will be lost foreverCommentsNewsNeil Shaw Assistant Editor (Money and Lifestyle)12:40, 15 Apr 2026View 3 ImagesBundles of twenty pound sterling banknotesA millionaire who has failed to claim their winning EuroMillions prize has just three weeks to contact lottery bosses or lose the money forever. Lottery bosses are trying to find the winner of a EuroMillions ticket purchased i...
Abu Dhabi’s XRG Upbeat on European Prospects, Open to More M&A
Abu Dhabi’s state oil company, which recently closed a three-way merger to create a $60 billion petrochemical behemoth, said it’s confident about Europe’s economic prospects and remains open to new deals.
अगले हफ्ते US दौरे पर जाएगा भारतीय डेलिगेशन, ट्रेड डील और नए टैरिफ स्ट्रक्चर पर होगी बात
US
Warning oil prices may never truly go back to ‘normal’
NewsBusinessWarning oil prices may never truly go back to ‘normal’Rising insurance costs, reduced ship traffic and longer transit routes have all added further friction to global oil supply chainsFlavio Macau The Conversation Wednesday 15 April 2026 12:37 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":tru...
US destroyer interdicts two oil tankers trying to leave Iran during Trump's blockade
A U.S. destroyer interdicted two oil tankers that were trying to leave Iran on Tuesday, a U.S. official said, as part of the Trump administration’s blockade on Iranian ports. The official told Reuters that the ships left Chabahar port on the Gulf of Oman before being contacted by the U.S. warship through radio communication. The official added that the tankers were among the six vessels that U.S. Central Command (CENTCOM) said Tuesday obeyed orders from American forces to turn around and head ba...