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France shifts from fuel relief to $10.7-billion electrification, 'heat pumps' drive
France plans to nearly double annual electrification spending to €10 billion, or about $10.7 billion, by 2030, local media reported.For Prime Minister Sebastien Lecornu, the move marks a pivot from broad fuel subsidies and toward targetted investment in electric vehicles (EVs), heat pumps and other low-carbon systems, even as the government is mulling over plans to limit fuel retailers' profits, local media including Le Parisien reported.The funding increase will come from reallocating existing...
UAE’s Nafis extended: New salary support, family benefits, key changes explained
The UAE has extended the Nafis programme to 2040 and announced a new phase of updates that will begin from September 2026, including fresh family benefits, revised salary support and a stronger focus on skills-based jobs in strategic sectors.Here is a simple guide to how the programme works, what changes next, and what it means for Emiratis working in the private sector.What is Nafis?Nafis is a federal programme launched in September 2021 to increase the number of Emiratis working in the private...
Why UAE is experiencing a winter-like chill in mid-April
Residents across the UAE have been stepping out to breezy mornings and unusually mild afternoons last few weeks, a welcome break from the expected April heat in previous years.For many, the cooler air has felt more like winter lingering than spring transitioning into summer. The shift has been noticeable — from dust-laden winds sweeping through internal areas to cloud cover rolling in from multiple directions.Stay up to date with the latest news. Follow KT on WhatsApp channels.According to meteo...
RAC Drive says your car could have 'rodent and insect' infestation
RAC Drive says your car could have 'rodent and insect' infestationYou may be going on holiday and leaving your car undriven for a few weeksCommentsLifestyleSophie Buchan Money and Lifestyle Writer02:57, 15 Apr 2026View 3 ImagesRAC Drive has issued advice for drivers on its website(Image: Getty)Many people will be leaving their cars undriven as they head on holiday this year. But this could cause an issue - and you could even have an "infestation".According to RAC Drive, ther...
Hedge Fund MS Capital Says It Won $1 Billion Mandate for China
Quantitative hedge fund Meridian & Saturn Capital said it won a $1 billion mandate to trade Chinese stocks, another sign investors are boosting allocations to the world’s second-largest economy.
More than a third of people ‘fail to ask about pension when moving jobs’
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Resilience in uncertainty: UAE’s sustainability edge
These past weeks have been a sobering reminder to our nation and to the wider Middle East of how fragile global stability can be. Geopolitical unrest in our region has once again underscored the importance of resilience, unity and responsible leadership. In times of uncertainty, countries are tested not only by the challenges they face, but by the values they uphold. The United Arab Emirates continues to stand as a model of stability, foresight and measured response — a nation that remains unite...
Pakistan operationalises ‘Gabd Border Terminal’ transit corridor with Iran, reducing reliance on Afghanistan
KARACHI: Pakistan has operationalised a new transit trade corridor through Iran by activating the Gabd-Rimdan border terminal, marking a major step toward strengthening regional connectivity and reducing reliance on the traditional Afghanistan route. The development comes amid growing calls within the country to expand trade with Iran, particularly as global supply chains face disruptions due to tensions affecting the Strait of Hormuz. Pakistan recently dispatched its first export consignment fr...
Traders Boost Taiwan Stock Leverage to Highest in 25 Years
Leveraged bets on Taiwanese stocks climbed to their highest level in more than two decades as lingering uncertainty over the Iran war failed to deter investors from pushing the benchmark to new highs.
Rising costs, stagnating wages: Why workers are protesting in India
Noida and Manesar have seen protests over wages in recent days. At their core are delays in wage hikes and confusion over the new Labour Codes
As Mumbai launches two giant Tunnel Boring Machines, one lies abandoned 60 metres below Powai, and no one is coming for it
A German-made tunnel boring machine has been entombed in volcanic ash beneath the city since 2019. Here's why the BMC abandoned it, wrote off the cost, and started again.
Aussie truckies share urgent warning industry faces wipeout - and it will make life worse for EVERYONE
Aussie truckies share urgent warning industry faces wipeout - and it will make life worse for EVERYONETruckies fear they won't survive the next six monthsREAD MORE: Aussie state considers building its own fuel reserves By MATT JONES, SENIOR NEWS REPORTER, AUSTRALIA Published: 02:01, 15 April 2026 | Updated: 02:01, 15 April 2026 e-mail View comments
53 million tonnes output, 33% margins, 10x earnings: NMDC’s volume-price paradox
NMDC just delivered its best year ever, crossing 50 million tonnes of iron ore production. But falling prices, rising costs, and Rs 10,000+ crore stuck in receivables are keeping profits, and the stock, under pressure.
Oil mixed as Middle East supply uncertainty outweighs hopes for US-Iran talks
Oil prices were mixed on Wednesday with Brent futures up ‌and US futures down amid uncertainty over crude supply from the key Middle East producing region as the Strait of Hormuz remains mainly shut. Brent crude futures were up 40 cents, or 0.4%, to $95.19 a barrel at 0420 GMT, paring earlier losses of as much as 0.9%, after falling 4.6% in the previous session. US West Texas Intermediate crude was down 23 cents, or 0.3%, to $91.05. The contract earlier fell as much as 4.7% after droppin...
India has a chance to be Asia’s gateway for global capital
The core principle is simple: Do not tax the gateway. Benefits to India will come from the second-order effects — the jobs, the investments, the technology, the capital that flows through GIFT into Asia and the world
HSBC Private Bank Cuts India Stocks, Adds Gold on Iran War Risks
HSBC Private Bank and Premier Wealth has downgraded emerging Asian equities and slashed exposure to India, while raising allocations to gold, cash and hedge funds on Iran war risks and oil price shocks.
‘Digger’ Trailer at CinemaCon Shows Tom Cruise Transformed Into Insane, Cat-Loving Billionaire With a Big Belly, a Comb Over and a Thick Southern Accent
Tom Cruise ventured to CinemaCon to offer a deliciously demented first look at “Digger,” his new movie with director Alejandro González Iñárritu. “It took 40 years for me to be able to put on the boots of Digger Rockwell,” Cruise said before introducing the never-before-seen trailer. And this is definitely Cruise as you’ve never seen […]
Iran war promises green edge for Asia as plastic packaging runs short
SEOUL: An ‘eco-friendly’ range of paper tubes and pouches touted by Yonwoo, a South Korean maker of packaging for cosmetics, has reaped unexpected benefit from the Iran war, which has disrupted supplies of the plastic needed to turn out single-use wrapping. While the Iran conflict has sent plastic prices soaring to roughly four-year highs by choking off flows of the required raw materials, oil and petrochemicals, the company says it has fuelled inquiries threefold for paper-based o...
No money for you: Jim Chalmers is told NOT to give Aussies a handout in the next budget
No money for you: Jim Chalmers is told NOT to give Aussies a handout in the next budgetIMF warned Jim Chalmers against handoutsInternational Monetary Funds warned it would fuel inflationREAD MORE: Aussies slam Anthony Albanese over 'disgraceful' detailBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA and JACOB SHTEYMAN and GRACE CRIVELLARO FOR AUSTRALIAN ASSOCIATED PRESS Published: 01:24, 15 April 2026 | Updated: 01:24, 15 April 2026 e-mail View comments
Saudi Arabia announces $3bn additional support to Pakistan, extends $5bn deposit
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, has announced that the Saudi Arabia has committed an additional $3 billion in deposits for Pakistan, with disbursement expected in the coming week, according to a statement issued by the Finance Ministry on Wednesday. He further stated that the existing $5 billion Saudi deposit would no longer remain subject to the earlier annual rollover arrangement and would instead be extended for a longer period. The finance min...