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Amazon plans to invest $25 billion in Mississippi data centers, create 2,000 jobs - About Amazon
Amazon plans to invest $25 billion in Mississippi data centers, create 2,000 jobs About Amazon
DIEZ unveils economic measures to support businesses across Dubai’s free zones - Emirates 24|7
DIEZ unveils economic measures to support businesses across Dubai’s free zones Emirates 24|7
CEO Andy Jassy’s 2025 Letter to Shareholders - About Amazon
CEO Andy Jassy’s 2025 Letter to Shareholders About Amazon
Trafigura Signs Offtake, Financing Deal With Ghanaian Gold Miner
Trafigura Group signed an offtake agreement with Ghana’s Heath Goldfields Ltd. to purchase 700,000 ounces of gold doré, while also providing debt financing, as it pushes further into precious metals markets.
Galp Energia Buys Wind Portfolio in Spain in €320 Million Deal
Galp Energia SGPS SA has agreed to acquire an onshore wind portfolio in Spain from Helia Funds in a transaction valued at €320 million ($373 million), as Portugal’s largest oil company accelerates efforts to diversify its clean energy portfolio beyond solar.
Oil Rises as Strait of Hormuz Remains Blocked
Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire between the US and Iran. Bloomberg’s Anthony di Paola reports. (Source: Bloomberg)
Insight with Haslinda Amin 4/9/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
China Considers Financial Aid for Airlines Hit by Oil Shock
China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry’s biggest lifeline since the Covid pandemic.
Australia eyes new fuel supply from US, Mexico and Asia as diesel prices spike to record high
Shipments of fuel into Australia were secure until at least the middle of May, the energy minister said on ThursdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia could get more fuel from the US, Mexico or its Asian neighbours, with a new government policy helping refineries bid for oil shipments as diesel prices spike to new record highs.Prime minister Anthony Albanese is flying to Singapore on Thursday to lock in ongoin...
Gold prices in Pakistan fall amid decline in global market
Gold prices in Pakistan declined on Thursday, reflecting losses in the international market, impacting both investors and consumers. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola decreased by Rs9,500, reaching Rs494,662. Similarly, the price of 10-gram gold dropped by Rs8,415, settling at Rs424,092. The international gold price also fell, dropping by $95 to $4,723 per ounce, with an additional premium of $20. In parallel, sil...
TPG Is Said to Pick Advisers for Asia OneHealthcare Sale or IPO
TPG Inc. has chosen Malayan Banking Bhd. and UBS Group AG to help evaluate options for Asia OneHealthcare Sdn., including a sale or initial public offering, according to people familiar with the matter.
Energy crisis as catalyst
IN September 2025, Prime Minister Shehbaz Sharif declared a climate emergency. Most ministries ignored it. The government lurched from one fiscal crisis to the next, eyes fixed on the IMF programme, ignoring the energy transition the country desperately needed. Then came March 2026. The US-Israeli war on Iran closed the Strait of Hormuz, and the consequences for Pakistan were immediate and brutal. Prior to the announcement of the ceasefire, petrol had jumped by about 20 per cent in a week. LNG s...
Wheat Moves Higher on Iran Ceasefire Uncertainty, Crop Survey
Wheat futures have moved higher in the face of growing signs of fragility in the ceasefire pact between the US and Iran in the Middle East, with any reigniting of tensions likely to threaten further supply chain disruptions and price rises for vital farm inputs.
When Will Shipping Resume in the Strait of Hormuz?
Iran and the US agreed to a pause in fighting in exchange for the opening of the strait, but a lack of clarity on what was agreed and continued fighting — including Israeli strikes in Lebanon — have raised questions about the ceasefire. UWA Defense and Security Institute Adjunct Professor Jennifer Parker breaks down the situation. (Source: Bloomberg)
PSX dips slightly in post-rally consolidation
The Pakistan Stock Exchange (PSX) witnessed a mixed trading session by midday on Thursday, April 9, 2026, as the benchmark KSE-100 Index hovered around the 165,700–166,800 level after opening near its previous close of 165,811 points. According to the latest available data, the index stood at approximately 165,736 points, reflecting a marginal decline of about 74 points or 0.04% from the previous day’s close. The index touched an intraday high of 161,993 and a low of 166,812.93...
Orora Hits 12-Year Low as Iran Conflict Shuts UAE Bottle Plant
Orora Ltd. shares slumped to a 12-year low after the Australian packaging company cut full-year guidance for its high-end bottle unit, citing Middle East conflict-related disruptions that halted production at its UAE plant.
Give all UK households a set amount of subsidised energy, says thinktank
Proposal to help people heat two rooms, provide hot water and run key appliances without incurring more debtIn order to cut rising bills all UK households should receive a minimum amount of energy at rates subsidised by the government through North Sea taxes, a thinktank has suggested.Providing all homes with enough energy to heat two rooms, provide hot water and run key appliances such as a fridge and washing machine, at rates frozen at current levels, would require a subsidy of about £4.5bn, a...
Mitsui OSK CEO Hopes Vessels Can Move Now Amid Ceasefire
Jotaro Tamura, CEO of Japanese shipping and logistics company Mitsui OSK Lines, says he hopes vessels can resume operations following the US-Iran ceasefire. However, he says the company would need to scrutinize details of the ceasefire agreement and its implementation before allowing its ships to test the Strait of Hormuz. (Source: Bloomberg)
World Bank cuts Middle East growth forecast after energy sector turmoil
DUBAI: The World Bank has slashed its 2026 growth forecast for Middle East economies as a consequence of the US-Israel war against Iran, and warned of pervasive risks in a report published on Wednesday. President Donald Trump late on Tuesday announced a two-week ceasefire in the conflict. Iran’s foreign minister said Tehran would stop counter-attacks and provide safe passage through the waterway. The closure of the strategic strait, and destruction of energy and public infrastructure, had disru...
War in Middle East fails to dent remittances in March
KARACHI: Despite turbulence stemming from the ongoing Middle East conflict, the country received 17 per cent higher remittances in March compared to February, the State Bank of Pakistan announced on Wednesday. The $3.8bn inflow was the highest so far this fiscal year, but it was 5pc lower compared to $4bn in March FY25. The war did not impact remittances from the Middle East, as inflows from almost all countries experienced positive growth. Currency experts said t...