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California advocates insist on raising minimum wage to $30 despite research showing 'negative outcomes'
Advocacy groups in California are pushing for a $30 minimum wage in Oakland despite research suggesting the policy showed "negative outcomes" across the Golden State.It was reported on March 30 that One Fair Wage is launching a ballot initiative in Alameda County and the city of Oakland as local officials consider an increase in their minimum wage to $30 an hour. The initiative — which would appear on the Nov. 3 ballot this year — plans to increase the minimum wage in both the city and county.On...
UAE universities to aid students after school board exam cancellations
Dubai: Amid the widespread cancellation of school board examinations in the UAE amid regional tensions, universities in the country have responded swiftly, pivoting admission processes online and rolling out a raft of student-friendly measures to ensure no one loses their place in higher education.Major international examination boards, including Indian (CBSE/CISCE), British (Cambridge/ Pearson Edexcel/OxfordAQA) and IB, have all been forced to cancel exams and restructure their assessments, le...
PSX gains 12,362 points after Trump announces ceasefire with Iran
The Pakistan Stock Exchange (PSX) witnessed a strong surge at the start of trading on Wednesday, with the market gaining significant momentum after US President Donald Trump announced ceasefire with Iran. At the opening bell, the benchmark KSE-100 Index rose by 12,362 points, marking an increase of 8.5 per cent. The rally pushed the index to a record level of 164,035 points in Karachi. Due to the sharp rise, trading was temporarily suspended for one hour after the index recorded a 5 per cent inc...
Oil prices make staggering plunge and stock futures surge after Donald Trump's ceasefire
Oil prices make staggering plunge and stock futures surge after Donald Trump's ceasefireDonald Trump has been mocked after he said he would suspend his threatened attack against Iran less than two hours before the deadline the president set for TehranMoneyBradley Jolly Overnight News Editor01:52, 08 Apr 2026View 2 ImagesDonald Trump speaks during a news conference on Monday(Image: Getty Images)Oil prices plunged across the board yesterday after Donald Trump declared a two-week ceasefire wit...
Australian share market bounces back as Donald Trump declares two-week ceasefire with Iran
Australian share market bounces back as Donald Trump declares two-week ceasefire with IranASX bounced back 2.5 per centHopes renewed Strait of Hormuz will reopenBy AIDAN WONDRACZ, ASSISTANT NEWS EDITOR, AUSTRALIA Published: 01:30, 8 April 2026 | Updated: 01:38, 8 April 2026 e-mail View comments
FTSE Keeps Indonesia’s Market Status Amid Ongoing Reforms
FTSE Russell will “closely monitor” Indonesia’s capital market reforms after the postponement of a March index review of the nation’s equities, as regulators seek to avert a possible downgrade by MSCI Inc.
Bucks' Jon Horst on Giannis Antetkounmpo's injury status: 'He's not cleared to play yet'
NEW YORK — As they prepared for Tuesday’s game against the Brooklyn Nets, the Milwaukee Bucks once again listed two-time NBA MVP Giannis Antetokounmpo as out with a bone bruise stemming from a left knee hyperextension. Though Antetokounmpo has professed he is healthy and could be available to play, the team remains steadfast in its contention its star forward has not yet been medically cleared.Advertisement
US-Iran Ceasefire to Fuel Asia Relief Rally, Strategists Say
Donald Trump’s announcement of a two-week ceasefire between the US and Iran brings welcome relief to Asian markets, according to strategists. Equities should see strong rallies across the region in the near term, they say.
Bucks' Doc Rivers on head-coaching future amid team's uncertainty: 'I have 7 grandkids now'
On Tuesday, Milwaukee Bucks head coach Doc Rivers suggested his head-coaching days with Milwaukee could be coming to an end. When asked how long he envisions coaching in the NBA, the Hall of Fame coach answered with family on his mind.“I won’t answer that, but I have grandkids that I want to see,” Rivers, whose contract runs through next season, told media members Tuesday. “I’ll let you figure it out from there. I have seven grandkids now, and they’re all 8 years and under, and it kills me every...
Netflix faces major setback as Italian court rules price hikes unlawful
Netflix suffered a major setback after receiving notice from the Rome Court. On April 3, the Rome Court ruled that the subscription price increases by Netflix over the past seven years were unlawful. The ruling came as a result of a lawsuit filed by consumer association Movimento Consumatori, which argued that the streaming giant’s contractual clauses, which allowed price hikes, violated Italian consumer protection laws. The court found the clauses unfair under Italy’s national Consumer Code...
ADB launches new trust fund to accelerate progress on ASEAN power grid
MANILA: The Asian Development Bank (ADB) has launched a multi-partner fund to finance critical project preparation work for cross-border energy and transmission infrastructure within the Association of Southeast Asian Nations (ASEAN) — the first such fund in the region. The Regional Connectivity Fund for Energy in Southeast Asia (RCF) will advance the development of the ASEAN Power Grid, the regional bloc’s flagship initiative to achieve fully integrated electricity grid operations by 2045.Get...
BofA Banker Bettamio to Be CEO Candidate for Brazil’s B3
Bank of America Corp.’s Alexandre Bettamio is among candidates being considered for chief executive officer of Brazilian stock and derivatives exchange B3 SA, according to people familiar with the matter.
Oil prices make stunning plunge and stock futures surge after Trump steps back with two-week ceasefire
Oil prices make stunning plunge and stock futures surge after Trump steps back with two-week ceasefireBy STEPHEN M. LEPORE, US SENIOR REPORTER Published: 00:47, 8 April 2026 | Updated: 00:47, 8 April 2026 e-mail 1 View comments
Oil slides after Trump agrees to conditional two-week Iran ceasefire
Oil slides after Trump agrees to conditional two-week Iran ceasefire9 minutes agoShareSaveAdd as preferred on GoogleCostfoto/NurPhoto via Getty ImagesGlobal oil prices have fallen sharply since President Donald Trump announced a two-week ceasefire between the US and Iran if vessels are allowed to move through the key Strait of Hormuz waterway.Brent crude is down 15.5% at $92.80 (£69.32) a barrel, while US-traded oil was almost 16.5% lower at $93.80.But prices remain higher than before the confli...
China Bank Stocks Emerge as Haven as Iran War Jolts Markets
Chinese bank shares have outpaced the broader market since the war in Iran broke out, with attractive dividend yields and improving earnings prospects likely to provide further tailwinds, according to analysts.
Oil prices drop after ceasefire announcement
Oil prices plunged and U.S. stock futures soared Tuesday evening after President Donald Trump agreed "to suspend the bombing and attack of Iran for a period of two weeks” on the condition that Iran re-opens the Strait of Hormuz.
Centerbridge’s KIK Posts 50% Drop in Earnings Amid Plant Issues
Centerbridge Partners-backed KIK Custom Products reported a 50% drop in fourth quarter earnings compared to a year earlier, in part as production facility inefficiencies resulted in lower volumes and higher costs for the maker of household cleaning products.
The US refinery now processing Venezuelan oil
The US refinery now processing Venezuelan oil7 minutes agoShareSaveAdd as preferred on GoogleSamira Hussain,Business correspondentandNathalie Jimenez,Pascagoula, MississippiWatch: Venezuelan oil is flowing to the US again. But will it lower petrol prices?The Minerva Gloria is docked at a wharf in the Mississippi Sound, not far from the US's vast oil reserves in the Gulf of Mexico.The ship, 820ft (250m) long, painted navy and burgundy, is carrying precious cargo from Venezuela that, just six...
Oil slides below $100 after Trump announces two-week ceasefire
Oil fell below $100 per barrel on Wednesday after US President Donald Trump said he had agreed to a two-week ceasefire with Iran that was subject to the immediate and safe reopening of the Strait of Hormuz. Brent fell $14.84, or 13.6%, to $94.43 a barrel and WTI slid $16.13, or 14.3%, to $96.82 a barrel as of 0023 GMT. Trump’s turnaround came shortly before his deadline for Iran to open the Strait of Hormuz, where 20% of the world’s oil transits, or face widespread attacks on its civ...
Gold rises to near three-week high as Trump announces ceasefire with Iran
Gold prices climbed to a near three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed to suspend bombing and attacks on Iran for two weeks, easing fears of energy-driven inflation. US gold futures for June delivery gained 3.4% to $4,841.60. Trump said Washington had agreed to a two-week pause in attacks and had received a 10-point proposal from Iran what he described as a workable basis for negotiations. His comments followed earlier warnings...