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American investor agrees to buy Exeter Chiefs with plans to inject fresh funding
Members to hold meeting on 7 May to approve dealClub in more saleable position after £10.3m loss last yearExeter Chiefs have finalised a deal with a wealthy American backer to take control of the club, subject to the approval of their membership. An extraordinary general meeting is to be held on 7 May at which members will be urged to support the move to sell the 155-year-old Devon club and unlock significant fresh funding.Insiders are describing the impending multimillion pound investment as “m...
AA driving schools ordered to refund 80,000 learner drivers over hidden fees
UK motoring group fined £4.2m for not showing full price of lessons at time of bookingThe AA has been fined £4.2m and ordered to make payments to more than 80,000 learner drivers for not showing the full price of lessons at the time of booking, an illegal practice known as “drip pricing”.The UK competition watchdog, which launched an investigation into the practices employed by the AA Driving School and BSM Driving School last year, said that the AA-owned businesses must repay more than £760,000...
8th Pay Commission: Unions push for Rs 69,000 minimum pay and 6% annual hike
th Pay Commission Unions push for Rs minimum pay and annual hike
DBS Hong Kong acquires six floors at The Center in US$334 million deal
DBS Bank (Hong Kong) has agreed to pay about HK$2.62 billion (US$334 million) for six floors at The Center – once the world’s most expensive skyscraper – marking the city’s largest office transaction so far this year. The lender acquired the 26th, 32nd, 36th, 37th, 56th and 76th floors late last month, with the deal registered on Tuesday, according to Land Registry records. The purchase adds 151,934 sq ft of gross floor area, DBS said in a statement on Wednesday. The price works out to roughly.....
Queensland ebike laws could cripple Uber Eats, DoorDash and shared e-vehicle schemes, industry warns
Food delivery services say the proposed laws will affect their workers, while shared e-vehicle schemes claim the laws could make them uninsurableFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastLegislation that would crack down on ebikes and e-scooters in Queensland could curtail food delivery services and potentially end shared e-vehicle schemes, industry figures warn.The proposed laws would set an age limit of 16 on ebikes and e-s...
Power of Siberia 2 aligns with regional projects — Lavrov
"Power of Siberia 2 is a project that has long been discussed between Moscow and Beijing," the Russian foreign minister noted
Aatmanirbhar Bharat 2.0 push: India working on self-reliance in energy, nuclear power
India Business News: Atmanirbhar 2.0: The Middle East conflict has led India to re-work its self-reliance strategy to shield key supply chains and strengthen energy securi.
PSX gains 4,300 points amid hopes of US-Iran talks reviving
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index gained over 4,300 points during intraday trade on Wednesday, sustaining its bullish momentum for a second consecutive day. The positive trend comes amid hopes that peace talks between the United States and Iran will proceed to a second round, with US President Donald Trump saying they are more likely to be held in Islamabad. The KSE-100 index surged by 4,301.24 points, or 2.60 per cent, to reach 169,936.08 points, from the previous clos...
Norway oil exports hit record high on Iran war
OSLO, Norway: Norway’s crude oil exports hit a record high in March as the war in Iran and closure of the crucial Strait of Hormuz shipping lane drove up oil prices, Statistics Norway said Wednesday. The Scandinavian country is the largest producer of oil and natural gas in Europe excluding Russia. Around a fifth of global crude oil and liquefied natural gas (LNG) passes through the Strait of Hormuz in peacetime. “The closure of the Strait of Hormuz has caused a significant supply sh...
AA fined and ordered to refund learner drivers for hidden fees
AA fined and ordered to refund learner drivers for hidden fees11 minutes agoShareSaveAdd as preferred on GoogleBBCThe owner of the AA and BSM driving schools must pay refunds to thousands of learners after failing to disclose the total price for lessons upfront when booking online, following an investigation by the competition watchdog.Automobile Association Developments has also been fined £4.2m for breaking consumer law, the Competition and Markets Authority (CMA) said.More than 80,000 custome...
Learner drivers to get booking fees refunded over crackdown on drip-pricing
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What the Hormuz shutdown means for Asean’s energy security, renewables: 10 things to know
Manila: The effective closure of the Strait of Hormuz on February 28, 2026 disrupted passage for roughly a quarter of the world’s daily seaborne oil.To this day, uncertainty remains and the global fuel crunch continues to raise fears of a deeper supply shock. Uncertainty over freedom on navigation through the narrow waterway underscores how central Hormuz is to global trade, since even brief disruptions can send oil prices higher and roil shipping routes. Get updated faster and for FREE: Downloa...
80,000 learner drivers to get money back over 'drip pricing' breach
80,000 learner drivers to get money back over 'drip pricing' breachAction has been taken against two of the biggest schools in the countryCommentsNewsNeil Shaw Assistant Editor (Money and Lifestyle)07:21, 15 Apr 2026View 3 ImagesThe new rules ban drip pricing for everyone - including learner driversDriving schools which didn't tell learners about mandatory fees before they signed up have been ordered to pay the money back.The AA Driving School and BSM Driving School – both of whi...
SHC hears petition of retailers seeking milk price hike
KARACHI: The Sindh High Court (SHC) on Wednesday heard a petition of milkmen seeking increase in profit of retailers. Government lawyer pleaded to the bench for time to submit reply. Petitioner’s lawyer said that Commissioner Karachi has legal authority to determine the milk price. “Milk shops being sealed in the name of sanitary issues”. The lawyer pleaded to court to restrain authorities from action against milk shops and sealing of the shops. “Did you purchase milk fro...
Ignore ‘self-serving’ claims from gas giants and implement 100% tax on windfall profits, Ken Henry says
Former Treasury secretary says a tax rate is ‘socially optimal’ in submission to a new parliamentary inquiryFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe former Treasury secretary Ken Henry says “self-serving” claims from gas giants about the risks of a windfall profits and export taxes should be ignored by the Albanese government as it weighs up the intervention ahead of next month’s federal budget.In a submission to a new p...
I lost Rs 10,000 in a week as war hit stock markets. Why I didn't stop my SIPs
I lost Rs in a week as war hit stock markets Why I didnt stop my SIPs
Chinese create ‘wealthy’ online personas by buying exotic ‘lifestyle photos’ warned of legal risks
An online industry has emerged which allows people to create “wealthy” personal profiles on social media in China by buying “luxury lifestyle” photographs for as little as one yuan (15 US cents). The pictures feature travel scenery, gourmet dining, golfing, skiing and other activities on e-commerce platforms. The photographs are typically priced between one and eight yuan and are marketed as ready-made content for social media posts or for building a curated online persona. They are usually...
Joint enterprise convictions in England and Wales have tripled since 1980s, report finds
Legal charity argues ‘job lot’ prosecution approach is unjust and primarily targets young black menJoint enterprise cases in England and Wales have soared over the past four decades, according to a report calling for a change in the law so that individuals are held accountable only for their own actions.The Centre for Crime and Justice Studies (CCJS) also found sentences have become harsher under the legal doctrine, which allows for individuals to be convicted of crimes they did not physically c...
Gucci Sales Down, Revenue Slides
Gucci sales fell, hurt by the conflict in the Middle East. Revenue at the Kering SA brand slid 8% on a comparable basis during the first quarter. Analysts were expecting a drop of 4.3%. Bloomberg Intelligence’s Deborah Aitken breaks down the situation.
Dubai gold prices ease as Trump says war ‘close to over’
Dubai: Dubai gold prices edged lower on Wednesday morning as signs of easing geopolitical tension in the Iran conflict cooled safe-haven demand, with bullion retreating after Tuesday’s rebound.(Check latest UAE gold prices , alongside prices in , , , , , and .)In Dubai, 24K gold slipped to Dh581.50 per gram from Dh582.00 yesterday, while 22K fell to Dh538.50 from Dh539.00 — a modest decline that suggests traders are pricing in optimism after US President Donald...