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Uber adds fuel surcharge for non-EV fares in Australia amid petrol price rises
Trips in electric vehicles will be exempt from the temporary fee of 5 cents per kilometre, rideshare firm says Uber customers in Australia will be charged a fuel surcharge for almost two months from Wednesday unless they ride in an electric vehicle.Trips in petrol, diesel, and hybrid vehicles will attract an extra fee of 5 cents per kilometre from 15 April to 8 June, Uber announced on Monday. Continue reading...
بلومبرگنیوز: فروش نفت عربستان سعودی به چین در پی بحران تنگه هرمز به نصف کاهش خواهد یافت
بلومبرگنیوز گزارش داد که فروش نفت عربستان سعودی به چین در پی بحران تنگه هرمز به نصف کاهش خواهد یافت. بر اساس این گزارش شرکت آرامکو قرار است حدود ۲۰ میلیون بشکه نفت در ماه می به چین ارسال کند. این رقم در ماه آوریل ۴۰ میلیون بشکه بوده است.
Chinese EV stocks jump on surging exports, hopes of domestic demand recovery
Chinese electric vehicle (EV) stocks rallied against a falling broader market in Hong Kong on Monday, as strong export data and rising oil prices bolstered the appeal of battery-powered and hybrid cars while a coming wave of model launches sparked hopes of a domestic demand recovery. Nio surged 6.6 per cent to HK$52 as of the noon trading break, while BYD climbed 5.6 per cent to HK$111, the highest since October 2. Chery Automobile rose 1.3 per cent to HK$32.72, while Xpeng advanced 0.5 per cent...
Retirement scrapped for millions due to rising costs, new report shows
Retirement scrapped for millions due to rising costs, new report shows16 per cent have already returned to work and millions more are planning toCommentsMoneyNeil Shaw Assistant Editor (Money and Lifestyle)06:52, 13 Apr 2026View 3 ImagesSome people no longer retire at state pension ageA significant proportion of older people are deciding to “unretire” as the financial reality of retirement falls short of expectations, according to research. One in six (16%) retirees surveyed for Standard Life sa...
25,000 people to have their debts cut or cancelled by DWP
25,000 people to have their debts cut or cancelled by DWP200,000 cases are now being reviewed to see who will have their debts scrappedCommentsMoneyNeil Shaw Assistant Editor (Money and Lifestyle)06:40, 13 Apr 2026View 3 ImagesDebts will be torn up for thousands of peopleTens of thousands of unpaid carers are to have their debts cut or cancelled in a sweeping Government review of historical overpayments. Some 200,000 people who were left owing money as a result of “confusing” earnings guidance w...
Dubai gold slips as global markets turn cautious on Hormuz tensions
Dubai: Gold prices in Dubai edged lower on Monday morning, tracking a cautious global market mood shaped by rising geopolitical tensions and renewed inflation concerns.Sign up for our daily business newsletter, Cheques & Balances.At 9:19am, 24-karat gold was priced at Dh569 per gram, down from Dh572.25 on Sunday. The 22-karat variant fell to Dh526.75 from Dh529.75 a day earlier, reflecting a steady pullback after last week’s gains.Get updated faster and for FREE: Download the Gulf News app now -...
Iranian Rial to Pakistani Rupee Rate Today- April 13, 2026
As of April 13, 2026, the authentic mid-market exchange rate stands at 1 Iranian Rial (IRR) = 0.000212 PKR. This live rate (updated around 07:12 UTC / 12:12 PKT), reflects global forex conditions. In Pakistan’s open currency markets, however, the Iranian Rial has shown remarkable strength recently, with reports indicating a near fourfold surge in its value against the PKR in recent weeks. 1 PKR = approximately 4,717 Iranian Rials 10 PKR = approximately 47,170 Iranian Rials While the Irania...
Sindh outlines welfare schemes as Memon details housing, subsidies
Senior Sindh Minister Sharjeel Inam Memon on Monday outlined a range of welfare measures introduced by the Sindh government in response to rising fuel prices, including financial support for farmers, subsidised public transport, housing initiatives, and the planned distribution of pink scooters in the province. Speaking at a press conference in Karachi, Memon said that significant data had been gathered through the Benazir Income Support Programme (BISP), which helped in designing large-sc...
Rising fuel costs puts strain on transport charity
Rising fuel costs puts strain on transport charityJust nowShareSaveAdd as preferred on GoogleAlice Bouverie,Newent, GloucestershireandGeorgia Eadie,West of EnglandBBCThe cost of rides from the service has gone up by 50p per tripA transport charity providing a "lifeline" to the community says it will have to find an extra £20k to cover increased fuel costs. Gloucestershire charity, Sheppard House Health and Social Care, has been forced to put the price of their dial-a-ride service up be...
Time to buy? Gold prices drop in Dubai ahead of Akshaya Tritiya
Gold prices dropped in Dubai on Monday morning after US President Donald Trump asked the American Navy to enforce a blockade of the Strait of Hormuz for Iranian ships.The 24K gold price dropped Dh3.25 per gram to Dh569.0 per gram at market opening in Dubai on Monday. Similarly, 22K, 21K, 18K, and 14K slipped to Dh526.75, Dh505.0, Dh433.0, and Dh337.75 per gram, respectively.The drop in prices brings good news for UAE shoppers who plan to buy gold jewellery this week ahead of the Akshaya Tritiya...
Iran war's global energy crisis sharpens China’s advantage in clean tech
NewsWorldAmericasIran war's global energy crisis sharpens China’s advantage in clean techThe war in Iran is sharpening China’s advantage in promoting a renewable energy future, as oil disruptions expose the fragility of fossil fuel systemsChan Ho-Him, Aniruddha Ghosal & Anton L. DelgadoMonday 13 April 2026 06:22 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"...
Oil prices spike as Trump plans his own clampdown on Strait of Hormuz and blasts NATO for not helping to defeat Iran: 'They weren't there for us'
Oil prices spiked back over $100 a barrel as the markets reacted to Donald Trump's announcement of a blockade preventing access to the Strait of Hormuz for Iranian bound ships.
Are Australia’s Low Fuel Reserves Cause for Concern?
Despite being a major producer and exporter of energy, Australia relies heavily on imported refined fuel to power transport, agriculture and other parts of its economy, leaving it highly exposed to disruptions in global supply chains.
Germany to cut fuel taxes amid Iran war energy shock
BERLIN, Germany: Chancellor Friedrich Merz said Monday Germany will slash fuel taxes as households struggle with the energy shock from the Middle East war, while warning the conflict will have long-lasting economic consequences. The announcement came after oil prices surged again following the collapse of US-Iran peace talks and US President Donald Trump’s decision to blockade the Strait of Hormuz. Merz said the war “is the root cause of the problems we face in our own country”...
Private firms providing services to NHS made £1.6bn profit in two years, research finds
Exclusive: MPs say profit-making levels in England are ‘scandalous’ and call for cap on amount private companies can make from NHSPrivate firms providing services to the NHS including healthcare and consultancy have made £1.6bn in profits over the last two years, research reveals.The findings – on the basis of contracts worth £12bn – have prompted claims of “scandalous” profiteering, concern that the health service is being “taken for a ride” and calls for ministers to impose a cap on maximum pr...
Shell CEO Wael Sawan on Oil, Renewables and the Future of Energy
Shell Chief Executive Officer Wael Sawan joins Francine Lacqua to discuss the oil major's controversial strategy around the energy transition, and fostering a culture that shifts from “all-knowing” to “all-learning.” He reflects on navigating volatility in the global energy system, emphasizing disciplined decision-making and focusing on what leaders can influence going forward. (Source: Bloomberg)
What triggered gold’s March fall, and why April looks different
Dubai: Gold’s sharp March decline has caught investors off guard, coming at a time when geopolitical tensions and inflation risks would typically support prices, yet the move was driven less by fundamentals and more by a rapid unwind of leveraged positions across markets. (Check latest UAE gold prices , alongside prices in , , , , , and .)Sign up for our daily business newsletter, Cheques & Balances.According to the World Gold Council’s Gold Market Commentary,...
Oil jumps and Asian markets slide as US readies for Strait of Hormuz blockade
NewsWorldMiddle EastOil jumps and Asian markets slide as US readies for Strait of Hormuz blockadeDonald Trump announced the planned blockade after US-Iran ceasefire talks in Pakistan ended without an agreementYuri Kageyama Monday 13 April 2026 05:42 BSTBookmarkBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":false,"showBookmark":true,"arti...
Pakistan sees trade boost, renewed confidence amid global turmoil
ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday highlighted Pakistan’s key reform priorities while participating in a high-level panel discussion at Harvard University titled “Pakistan’s Economic Agenda: Stability, Reform and What Comes Next,” held as part of Pakistan Conference 2026. The minister described the ongoing Middle East conflict as one of the most significant supply shocks the global economy has witnessed in recent years, requiring careful an...
China’s tea-drink shops thirst for profits as price wars dry up prospects
China’s tea-drink market, with estimated annual sales of 370 billion yuan (US$54.2 billion), has become yet another example of involution as brutal price competition threatens to expel thousands of unprofitable small players. The dire scenario represents a rude reminder to those who hope to strike it rich by investing in a fast-growing business in mainland China’s vast consumer market, which abounds with boom-to-bust cycles. “Bubble tea is a dynamic market, and it is never easy to make money...