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In meeting with Saudi finance minister, PM emphasises ‘strong commitment’ to expanding cooperation in all spheres
Prime Minister Shehbaz Sharif emphasised Pakistan’s strong commitment to expanding its cooperation with Saudi Arabia in all spheres, particularly in trade, investment, and economic development, during a meeting with Saudi Finance Minister Mohammed bin Abdullah al Jadaan, according to a statement issued by the PM’s Office (PMO). The statement said Jadaan, who was on a one-day visit to Islamabad, called on PM Shehbaz at the PM House on Friday evening...
ONCF Posts Record MAD 5 Billion Revenue as Passengers Hit 55.6 Million
Marrakech – Morocco’s national railway operator ONCF crossed the MAD 5 billion ($500 million) revenue mark for the first time in 2025, driven by growth across its passenger, freight, and phosphate transport segments. The figures were presented during the ONCF’s board of directors meeting held on April 9 in Rabat, chaired by Transport and Logistics Minister Abdessamad Kayouh. Passenger traffic reached 55.6 million travelers during the year, generating MAD 2.9 billion ($290 million) in reven...
Summer holiday chaos fears as European airports face jet fuel shortage in three weeks due to Hormuz closure
Summer holiday chaos fears as European airports face jet fuel shortage in three weeks due to Hormuz closureBy ADAM POGRUND, REPORTER Published: 12:32, 10 April 2026 | Updated: 19:48, 10 April 2026 e-mail 62 shares
Tankers urged not to pay toll to Iran for use of strait
Tankers urged not to pay toll to Iran for use of strait11 minutes agoShareSaveAdd as preferred on GoogleOliver Smith,Business producerandLucy Hooker,Business reporterIan Forsyth/Getty ImagesTankers that want to pass through the Strait of Hormuz are being advised not to pay money to Iran to allow them through, after a ceasefire agreed on Tuesday failed to get traffic moving through the waterway again.The agreement was supposed to include reopening the strait but Iran has suggested that ships must...
Private-Credit Concerns Hit Muni Market
Bloomberg's Erin Hudson joins Katie Greifeld on "Bloomberg Real Yield." The concerns building in the private-credit industry are starting to inflict pain in a rapidly growing segment of the US municipal debt market. (Source: Bloomberg)
Credit Markets Are Resilient: BofA's Khonda
Neha Khoda, head of credit strategy at BofA Securities, joins Katie Greifeld on "Bloomberg Real Yield." A measure of perceived risk in US corporate credit improved this week amid sharp gains for many assets as the US and Iran reached a ceasefire deal. (Source: Bloomberg)
Treasuries Fall as Inflation Data Erode Fed Rate-Cut Wager
Treasuries fell as quickening inflation stemming from the US war on Iran — and the prospect of escalation — eroded wagers that the Federal Reserve will lower interest rates once this year. The rise in yields began in early US trading after the release of consumer prices data for March — the first to reflect the impact of the war. Yields extended their climb to as much as five basis points after midday after US President Donald Trump threatened to escalate the war if weekend tal...
Senators Push CFTC to Probe Oil Trading Before Trump Iran News
Two Democratic US Senators pressed the federal derivatives regulator to investigate suspicious oil futures trading in the lead up to President Donald Trump making two major announcements about military operations in Iran.
Carlyle Caps Private Credit Redemptions
Bloomberg's Olivia Fishlow and Aaron Weinman join Katie Greifeld on "Bloomberg Real Yield." A $7 billion private credit fund managed by Carlyle Group capped redemptions after investors asked to pull 15.7% of the shares in the first quarter. The software problem roiling private markets is about to face a big new test. A wall of debt maturities is looming for the industry. (Source: Bloomberg)
Morocco’s Aromatic Plants Sector Shows Signs of Recovery After Years of Drought
Rabat – Morocco’s aromatic and medicinal plants industry is entering a period of recovery after suffering through seven consecutive years of drought, which had severely impacted production and supply. While recent rainfall has helped restore many plant species, the sector continues to face challenges linked to extreme weather conditions, Fresh Plaza reported. The prolonged drought caused sharp increases in prices in 2025 and led to shortages of several key plants. Some species nearly disa...
Fragile Equilibrium for Rates: Alekseeva
Yulia Alekseeva, managing vice president of fixed income at MissionSquare, joins Katie Greifeld on "Bloomberg Real Yield." While consumer prices jumped the most since 2022, core inflation - which is closely watched by the Federal Reserve - was relatively tame. Bond yields edged up, but traders kept betting on a rate cut in 2026. (Source: Bloomberg)
What can debt collectors legally do to get paid?
MoneyWatch: Managing Your Money What can debt collectors legally do to get paid? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits art...
Broncos owners buy 40 percent stake in Rockies, providing financial boost to MLB team
The Colorado Rockies got a major financial boost Friday with the addition of Greg Penner and Carrie Walton Penner, who lead the Denver Broncos’ ownership group, as minority owners.Penner Sports Group will be the largest minority partner in the Rockies organization, CEO Dick Monfort said in a statement. The group will own roughly 40 percent of the team, major-league sources confirmed to The Athletic.Advertisement
Raízen Creditors to Demand Management Changes in Counteroffer
Raízen SA and its creditors are working on a new restructuring proposal for the company’s 65 billion reais ($12.5 billion) debt load following a week of high-stakes meetings in New York, according to people familiar with the matter.
France to Nearly Double Fiscal Support for Switch to Electric Power By 2030
French Prime Minister Sebastien Lecornu said the government will divert investment to help households and businesses switch to electric power instead of handing out short-term fuel aid after oil prices surged on the Iran war.
KSA assures Pakistan of financial support
Saudi Arabia on Friday assured Pakistan of providing full financial support to deal with the issues stemming from the Middle East conflict, extending its helping hand at a time when Islamabad is making nearly $5 billion debt repayments and trying to keep external account stable amid rising import cost. The assurances came hours after Prime Minister Shehbaz Sharif also managed to get relief from local oil refineries that voluntary surrendered a share of their windfall gains, which the premi...
POL prices slashed amid global fuel ease
Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs135 per litre in the price of high-speed diesel (HSD) and a Rs12 per litre cut in petrol from Saturday (today), passing on relief to consumers after a decline in international fuel prices. In his televised address to the nation, the prime minister stated that world oil prices had declined, therefore, he considered it his "moral and political responsibility" to pass on the full benefit to the people. Later, the Pe...
Record 25 countries take part in Russian Venture Forum in Kazan
Damir Galiev, Director of the Investment and Venture Fund of the Republic of Tatarstan, emphasized that invitations were also extended to representatives from EAEU, BRICS, and SCO member states, as well as international technology and investment organizations
FTSE 100 flatlines ahead of Iran-US peace talks
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European airports warn of half-term holiday chaos due to jet fuel shortage
NewsUKHome NewsEuropean airports warn of half-term holiday chaos due to jet fuel shortageRyanair said it could not rule out risks to fuel supplies at some airports if the Strait of Hormuz does not open soonHarriette Boucher Friday 10 April 2026 16:27 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"sh...