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Price of oil hits $116 a barrel after Trump says he wants to ‘take the oil in Iran’

Stock markets in Asia drop sharply, with investors nervous over escalation of Middle East conflictBusiness live – latest newsThe price of oil has risen sharply to $116 a barrel after Donald Trump said he wanted to “take the oil in Iran”, sending Asian stock markets tumbling.Brent crude, the internat...

Saudi Oil Price Talks Take on Added Urgency as Deadline Nears

The Iran war has thrown conventional pricing for Saudi Arabian crude into disarray, with tense buyers in Asia seeking to steer the kingdom toward alternative mechanisms for supplies as oil prices soar.

A $6 Million Jury Verdict Ruled Social Media Is Addictive. Now What?

A Los Angeles jury has made history, ruling that Meta and YouTube deliberately engineered platforms to addict a young user. With several similar lawsuits pending, the social media industry may be facing a reckoning unlike anything since the tobacco wars of the 1990s.

पीएम मोदी का गुजरात दौरा: सेमीकंडक्टर से रेलवे तक, 6000 करोड़ से ज्यादा विकास परियोजनाओं की देंगे सौगात

Sri Lanka in Talks for Russian Oil Products as War Jolts Market

Sri Lanka’s state-run Ceylon Petroleum Corp. is in talks with Russian oil companies to import petroleum products, as the Middle East war constrains flows, boosts prices and prompts buyers to look for cargoes.

Brutal Private Equity Side Deals Have Lenders Grasping

Years of historically low interest rates that left debt investors hungry for yield have resulted in private equity owners and advisors employing tactics that are unprecedented. Luca Casiraghi explains. (Source: Bloomberg)

South African Stock Index Is Heading for Worst Month Since 2008

Johannesburg’s benchmark stock index is heading for its worst month in almost two decades, reeling from a double hit as the Iran war saps demand for emerging-market assets while plunging precious-metal prices weigh on the country’s miners.

Oil Gains as Houthis Enter Middle East War

Oil advanced as Iran-backed Houthi militants in Yemen entered the Middle East war and more US troops arrived in the region, raising fears the widening conflict will cause further chaos for energy markets. Bloomberg's Anthony di Paola reports. (Source: Bloomberg)

Niti Aayog to revamp Aspirational Districts Programme

The Aspirational Districts Programme (ADP), the flagship scheme to transform 112 underdeveloped districts, will be revamped as the NITI Aayog aims to incorporate “major refinements and structural improvements in the existing framework, with selective modifications in programme design and implementat...

Australia and India Plan More Trade Talks in Coming Weeks

Australia and India will meet for trade talks in the next few weeks, Trade Minister Don Farrell said Monday, as the government seeks to conclude another deal with New Delhi after an agreement with the European Union.

Hong Kong stocks fall with Asia as Iran conflict drives oil prices higher

Hong Kong stocks dropped on Monday as escalating tensions in the Middle East sent oil prices to recent highs. Over the weekend, Yemen’s Iran-backed Houthi rebels launched attacks directly on Israel, which intensified strikes on Tehran. The US has also deployed additional military forces to the Middl...

UK savers told to act now before Easter Sunday cash Isa deadline

Interest rates as high as 4.45% and a steep cut in next year’s allowance fuel forecast of last-minute rush Savers who want to make the most of this year’s cash Isa allowance are being urged not to leave it to the last minute, as the deadline for applications falls on the Easter weekend.The Isa wrap...

Pessimism takes root in UK as shoppers struggle to afford essentials

Millions are dipping into savings or borrowing to get by as the Iran war drives up prices, survey showsThe Iran war has led to a surge in pessimism in the UK as half of households are already struggling to afford everyday essentials.The escalating conflict in the Middle East, which has driven the pr...

Inflexion Raises €4.5 Billion for Buyout Fund in Just Six Months

European private equity firm Inflexion has raised €4.5 billion ($4.7 billion) for its latest buyout fund in six months, demonstrating the depth of demand for mid-market funds that focus on the continent amid a still-tough fundraising market.

IndiGo crew averts disaster as UP man tries to open door mid-air, claims he is ‘possessed’

A passenger claiming to be 'possessed' attempted to open an emergency exit door on a Bengaluru-Varanasi IndiGo flight. Crew members swiftly intervened, preventing the man from opening the door on two separate occasions. The pilot temporarily ascended as a precaution before the flight landed safely,...

BYD Signals It’s Confident Exports Will Beat 2026 Target By 15%

BYD Co. signaled to analysts that exports this year will probably beat its previous target by 15%, according to people familiar with the matter, as the world’s biggest electric vehicle maker leans on growth in overseas markets to counter a slump in domestic sales.

Chicago Wheat Climbs on Iran War Escalation, Weather Risks

Chicago wheat futures rose — heading for a fourth gain in five sessions — as the Iran war threatens to further push up energy and fertilizer costs for farmers and poor weather hampers US fields.

Oil Market Faces Shock as War Widens, Ex-US Energy Official Says

The global oil market is “in for a shock” as the Middle East conflict will likely extend for a prolonged period with Iran leveraging control of the Strait of Hormuz, said Randa Fahmy, a former US associate deputy energy secretary.

Why Curbs on Speculation Won't Resolve Indian Rupee Woes

Here's why the Indian rupee could continue to get weaker despite a push to curb speculation, according to Abbas Keshvani, Asia Macro Strategy Director at RBC Capital Markets and Bloomberg's Ruth Carson. (Source: Bloomberg)

Brent crude heads for record monthly rise

Stock markets slumped in Asia on Monday as investors dug in for a protracted Gulf conflict that already has oil prices heading for ​a record monthly rise, bringing a spike in inflation and the risk of recession to much of the globe. The Financial Times on Sunday quoted President Donald ‌Trump saying...