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Luxury stores take hit in Dubai as Iran war drags on
DUBAI: Rows of luxury boutiques line an upmarket Dubai mall, yet a month into the Middle East war their sales staff sit idly, phones in hand, watching for the rare customer. Salespeople in immaculate suits say they have been told not to speak to reporters, but one briefly described the mood. “Of cou...
Pakistan walks into IMF meetings in DC amid war shocks
• Finance minister to hold key talks with Fund, World Bank officials through April 17• Islamabad to seek safety nets, subsidy reforms, emergency financing options• Oil, gas volatility threatens Pakistan’s reserves, widens current account gap WASHINGTON: Finance Minister Muhammad Aurangzeb is expect...
Fuel rates explode as govt withdraws blanket subsidy
• Petrol raised by Rs137 to Rs458 per litre; diesel up by Rs184 to Rs520• Petroleum levy raised on petrol, cut to zero on HSD• Kerosene price increased by Rs34 to Rs458 per litre• Rs100 per litre subsidy for bikers capped at 20 litres per month• Small farmers to receive Rs1,500 per acre support• Ear...
Rana Sanaullah defends fuel price hike, links it to global crisis
Adviser to the Prime Minister on Political Affairs Rana Sanaullah on Friday defended the recent increase in petroleum prices, saying the government had made sustained efforts to shield the public from the impact and had introduced targeted subsidies to ease the burden on vulnerable groups. The government on Thursday further increased petrol price by Rs137 per litre, to history’s highest ever level of Rs458.4 after Prime Minister Shehbaz Sharif decided to impose more taxes on consumer...
Chinese airlines shed weight, add flights over Russia to trim fuel costs amid Iran war
From controlling the weight of aircraft to sending more flights to Europe via Russian airspace, Chinese airlines have adopted a range of measures in response to the surge in oil prices resulting from the Middle East conflict that threatens to crimp their razor-thin margins. A number of carriers, inc...
“Survival impossible”: Goods transporters react to fuel price hike
KARACHI: Senior Vice President of the Karachi Goods Carriers Association, Muhammad Safeer Shaheen, said on Friday that the survival of transporters has become nearly impossible following the massive increase in fuel prices. According to officials, the price of petrol has been increased by Rs138 per...
Iran's strike list threatens global digital economy
Indonesia rebalances energy policy as Iran war spurs new projects
Indonesia is accelerating the transition to clean and renewable energy while pushing for more investments in oil and gas projects, critical minerals and rare earth mining, amid the global energy crisis triggered by the Middle East conflict. In the past week, Jakarta signed a raft of deals with inter...
Pakistan plans early market closures amid fuel price surge
The Pakistan government has decided to introduce further measures under its fuel conservation policy, including early market closures. Preparations are underway to shut markets at 8pm from 6 April, with a focus on shifting business activity to daytime hours to save electricity. The federal governmen...
Tesla outraces China’s BYD in pure electric car sales to regain world’s top spot
Tesla has regained the global pure electric vehicle (EV) crown for the first time since the fourth quarter of 2024, after its deliveries rose 6.5 per cent year on year in the three months ending March. The modest increase was enough for the US carmaker to beat China’s EV king BYD, which posted a 25....
'I make thousands each year with credit card hack - but you have to be careful'
Clever money savers have told how they rake in thousands of pounds each year thanks to a savvy credit card hack known as 'stoozing', but experts have warned that this potentially risky tip isn't for everyone
Westpac CEO Warns Iran War May Spark Recession in Australia
Westpac Banking Corp.’s chief executive officer Anthony Miller has warned the conflict in the Middle East has raised the risk of a recession in Australia, saying that it was unclear how long supply chain disruptions from the Iran war could take to work their way through the economy.
Public transport fares increased following sharp hike in petroleum prices
RAWALPINDI: Public transporters have raised fares following a massive increase in petrol and diesel prices, a move that is likely to trigger a fresh wave of inflation across the country. With the surge in petroleum prices, transport operators in Rawalpindi have significantly increased fares. Taxi, r...
Europe’s largest airliner opts to cancel 10% of its flights due to lack of fuel
Chief Executive of Ryanair Michael O’Leary blamed the announced air traffic disruptions on the United States that jointly with Israel had launched a military operation against Iran
Food pantry network across the Midwest abruptly shuts down leaving 300,000 families in the lurch
NewsWorldAmericasFood pantry network across the Midwest abruptly shuts down leaving 300,000 families in the lurchRuby’s Pantry distributed food at dozens of locations across the MidwestKatie Hawkinson in Washington, D.C. Friday 03 April 2026 05:46 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showB...
Oil, gas prices won't immediately return to normal even if the Iran war ends: EU warning
Oil and gas prices won't immediately return to normal even if the Iran war ends, the EU warns
Petrol prices: Pakistan ‘plans’ targeted subsidy for motorcyclists via app-based system
The Pakistan government is accelerating plans to provide subsidised petrol to motorcyclists, after a recent major hike in petrol price, sources told ARY News. Under the plan, the Pakistan government will offer up to 20 litres per month at reduced rates. According to sources, the subsidy is likely...
A day in the life of Asia’s fuel crisis
From farms in New Zealand to factories in Delhi, the affects of the oil crisis triggered by the Iran war are rippling across Asia Continue reading...
Indonesia Flags Tightly Held Companies in Effort to Satisfy MSCI
Indonesia took fresh steps to provide more stock market transparency by naming a clutch of companies including tycoon-linked PT Barito Renewables Energy and PT Dian Swastatika Sentosa whose ownership is concentrated in a small number of shareholders.
Trump reduces tariffs on steel, aluminum, copper derivatives
Trump reduces tariffs on steel, aluminum, copper derivatives