Mixed day for stocks as oil prices climb amid ongoing Iran-US deadlock
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Trump says he aims to suspend gas tax "for a period of time"
Exclusive Politics Trump says he aims to suspend gas tax "for a period of time" By Nancy Cordes Nancy Cordes Chief White House Correspondent Nancy Cordes is CBS News' chief White House correspondent based in Washington, D.C. Cordes has won numerous awards for her reporting, including multiple Emmys, Edward R. Murrow awards, and an Alfred I. duPont-Columbia University Award. Read Full Bio Nancy Cordes Updated on: May 11, 2026 / 11:42 AM EDT / CBS News Add CBS News on Google Washington — Pre...
UK gilt yields creep higher as Starmer speech fails to dispel investor ‘jitters’
Cost of government borrowing rises on concerns about potential for political instability and rising inflationBusiness live – latest updatesUK politics live – latest updatesThe cost of government borrowing has crept higher as Keir Starmer’s crucial speech failed to dispel investor “jitters” in the bond markets over political instability combined with fears of rising inflation.The yield, effectively the interest rate, on the benchmark 10-year UK government bonds (known as gilts) rose eight basis p...
Manufacturer Victrex to axe 10th of jobs after plunging to loss
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British Steel set to be nationalised as Government mulls future for Scunthorpe
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Thinktank calls for ‘double lock’ England private rent cap to ease living costs
Influential IPPR proposes capping rents at whichever is lower of consumer price inflation or wage growthUK politics live – latest updatesOne of the thinktanks closest to the Labour government is urging ministers to introduce private sector rent controls in England, as the chancellor weighs up how to ease a surge in living costs caused by the Iran war.The Institute for Public Policy Research (IPPR) has published a paper calling for a rent “double lock”, which would link rent increases to either w...
E.On to buy rival Ovo to create UK energy supply giant
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First-time buyers ‘facing significant pressure’ in mortgage market squeeze
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Compass cashes in on more firms opting to outsource catering
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Shoe Zone losses widen as Iran war fallout blamed for tougher trading
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M&S buys Asos warehouse amid plans to double online sales
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Heathrow blames 5.3% dip in passenger numbers on Middle East war
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AI Trade Lifts Asian Stocks | The China Show 5/11/2026
“Bloomberg: The China Show” is your definitive source for news and analysis on the world's second-biggest economy. From politics and policy to tech and trends, David Ingles and Yvonne Man give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)
Returns on multipolarity
GLOBAL politics is hurtling towards a multipolar system the likes of which we haven’t seen since the late 20th century. Several indicators bear this out: the global hegemon for the past four decades, the US, is experiencing a decline in its ability and willingness to project power outwards, as seen in its continued failure in Eastern Europe and the Persian Gulf, and in the increased reluctance and reticence of its allies to pick up its slack. Much of this decline stems from internal structural p...
Stability as strategy in an energy crisis
This is the third global energy shock in less than two decades. For Pakistan, where imported fuel underpins much of the economy, the impact is invariably sharper than for most peers. The previous shocks in 2008 and 2022 did more than raise prices. They destabilised growth, strained external balances and reshaped politics. As the current crisis unfolds, the central question is whether policymakers will finally break from a pattern of costly, short-term fixes. The first episode, in 2007–08, was pa...
Britons could gain £3,500 by letting bank app give money tips, study finds
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UK set to shed 163,000 jobs amid Iran war fallout – report
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Average expected Father’s Day spend ‘nearly £15 higher than spending on mothers’
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Nearly four in 10 adults ‘have no idea how much money their friends earn’
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Share of off-plan home sales ‘at lowest level in more than a decade’
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