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What does a US naval blockade of Iran mean for oil flows?
The US military said it would block shipping traffic in and out of Iran’s ports starting at 10am ET (7pm PKT) on Monday, a move that would prevent roughly two million barrels of Iranian oil a day from entering the world’s markets, further tightening global supply. Here are details on the planned blockade and its implications for oil markets. What was announced? After weekend peace talks in Islamabad between negotiators from the US and Iran ended without a deal, US President Donald Trump said the...
How AI Is Making Asia’s Richest Families Even Richer
The 20 wealthiest clans in Asia are now worth a collective $647 billion. Even as fears of an AI bubble grow, families behind companies like Samsung to Ambani’s Reliance are profiting from it. (Source: Bloomberg)
Average shelf life of a mortgage ‘falls to record low of just eight days’
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UK will get a 3-day working week at the end of the year - here's when and why
UK will get a 3-day working week at the end of the year - here's when and whyBank holidays make working weeks that little bit nicer when you know you have a long weekend coming up - and this calendar quirk bags workers a three-day week at the end of the yearCommentsNewsNiamh Kirk Lifestyle Writer10:26, 13 Apr 2026View 2 ImagesEmployees are entitled to a three-day working week this year(Image: AFP via Getty Images)Few things brighten a work week like the prospect of a long weekend. Whether y...
Work begins in Wales on UK's first small modular reactor nuclear power station
Work begins on nuclear power station that promises 8,000 jobsJust nowShareSaveAdd as preferred on GoogleOscar EdwardsBBC WalesReutersWylfa's last reactor was closed down in 2015 after first being built in the 1960sWork has begun on a new nuclear power station that will bring 8,000 new jobs, the UK government has announced.Ministers have chosen Wylfa on Anglesey as the site after signing a £2.5bn partnership with Rolls-Royce to build it last year.The company claimed that the project will cre...
London leaver: 'I was spending £20k a year on rent with no real security'
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Saudi Arabia’s oil exports to China to fall by almost half in May — Bloomberg
According to the report, the decline is due to a sharp rise in prices following Saudi Aramco’s decision to raise export prices to record levels amid the conflict surrounding Iran and the effective closure of the Strait of Hormuz
Asda rolls out 700 washing machines at stores nationwide to 'make life easier'
Asda rolls out 700 washing machines at stores nationwide to 'make life easier'Asda are rolling out a brand new customer experience for shoppers with the new collaboration with ME Group - an on-site laundrette service across stores in the UKCommentsNewsNiamh Kirk Lifestyle Writer10:08, 13 Apr 2026Updated 10:09, 13 Apr 2026View 2 ImagesAsda is levelling-up their customer experience (Image: Getty Images)You can buy your weekly food shop and now do your laundry at the same time.Asda are l...
Why India’s Weak Rupee Is About More Than the Iran War
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India has been expanding more quickly than most other Asian economies, including manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
Price of futures contracts of Brent oil grew by over 9%
As of 2:38 a.m. Moscow time, the Brent price was up by 9.11% at $103.87 a barrel
Rolls-Royce secures nearly £600m in UK goverment cash to develop small reactors
Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular reactors (SMRs) at Wylfa on the island of Anglesey (called Ynys Môn in Welsh). Continue reading...
Saudi Riyal to Pakistani Rupee Rate Today – April 13, 2026
KARACHI, April 13, 2026: The Saudi Riyal (SAR) is trading at Rs74.42 against the Pakistani Rupee (PKR) in today’s open market, according to leading currency dealers in Karachi. The selling rate remains around Rs74.99. The pair continues to stay firmly locked in the same exceptionally narrow, low-volatility channel it entered in early January 2026 — now stretching well beyond twelve weeks of remarkably flat price action. Today’s unchanged level keeps the rate significantly below the 2025 mid-year...
Why Singapore’s property slowdown is the envy of the rest of Asia
Singapore is at the sharp end of the energy crisis. Imported natural gas accounts for an estimated 95 per cent of the city state’s electricity generation. According to Nomura, Singapore is the fourth most vulnerable Asian economy to the energy shock emanating from the war in Iran, based on a set of criteria that includes the share of fossil fuels in energy consumption and the proportion of energy imports from the Gulf. Last month, Singapore’s Foreign Affairs Minister Vivian Balakrishnan said the...
Vistry promotes Adam Daniels to top job after speedy search
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Business leaders warn Rachel Reeves her 'holiday tax' will add £500million a year to UK costs
Business leaders warn Rachel Reeves her 'holiday tax' will add £500million a year to UK costsGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREE By MATT STRUDWICK, SENIOR NEWS REPORTER Published: 09:27, 13 April 2026 | Updated: 09:35, 13 April 2026 e-mail View comments
Dollar and Other Currency Rates in Pakistan Today- April 13, 2026
Karachi, April 13, 2026 – The State Bank of Pakistan (SBP) has published its latest Mark-to-Market (M2M) currency rates for authorized dealers, providing updated reference rates for foreign currency transactions against the Pakistani Rupee (PKR). Here’s a comprehensive breakdown of today’s key currency rates for traders, importers, exporters, and remittance senders. US Dollar (USD) at PKR 278.98 The US Dollar, Pakistan’s most traded foreign currency, is quoted at PKR 278.98 (r...
WATCH: So you think you know the F1 drivers?
How well do you know the F1 drivers? You might know their racing stats, and who is friendly on the grid, but there is so much more to the 2026 cohort of drivers than that...
Fund Managers Seek Reporting Crackdown After Philippines Scandal
Money managers led by BNP Paribas Asset Management and Robeco Institutional Asset Management BV are putting pressure on the Philippine government to introduce stricter reporting standards for state-backed projects, following a corruption scandal tied to flood infrastructure.
China Starts Bankruptcy Liquidation of Shadow Bank Zhongzhi
A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group Co. and its more than 300 affiliated companies, in a major step toward winding down one of China’s largest shadow banking conglomerates.
Fitch retains Pakistan's rating at B-
Fitch on Monday kept Pakistan’s highly speculative credit rating of B negative unchanged against hopes for an upgrade and said that Islamabad’s role as a “ceasefire broker” will partly offset external account pressures despite $3.5 billion bilateral debt repayments this month. The rating agency first said that Pakistan has “repaid” $3.5 billion to the United Arab Emirates, but then rectified its statement and said that a “$3.5 billion deposit will...