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Barclays curbs risky lending to shadow banks after taking £228m hit on collapsed UK mortgage provider
The Market Financial Solutions (MFS) charge pushed the sum Barclays has set aside for souring loans up by 28% to £823m.
Why the US Is Working Less Than Before
The US still works more than most other countries, but that gap is starting to close. Bloomberg Opinion columnist Allison Schrager explains why. (Source: Bloomberg)
Fed May Take 2% Inflation Goal off Table, Hoenig Says
Federal Reserve Bank of Kansas City Former President & CEO Thomas Hoenig discusses the Fed possibly taking the 2% inflation target off the table, the challenges facing Kevin Warsh, and previews Wednesday's rate decision. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Booking’s 2Q Guidance Misses on Middle East Impact, Shares Slide
Booking Holdings Inc reported worse-than-expected second-quarter guidance for revenue as the Middle East conflict is expected to impact travel demand through the end of June.
Jeremy Clarkson cashes in on Diddly Squat farm as he 'applies for new trademarks for biscuits, beer and clothing'
Jeremy Clarkson cashes in on Diddly Squat farm as he 'applies for new trademarks for biscuits, beer and clothing'Have YOU got a story? Email tips@dailymail.com By SEAN O'GRADY, SENIOR SHOWBUSINESS REPORTER Published: 21:24, 28 April 2026 | Updated: 21:31, 28 April 2026 e-mail 7 View comments
Bond Traders Ramp Up Wagers Hedging for 5% Yields as Oil Surges
Traders in the Treasury options market are bracing for long-dated bond yields to surge past 5% as a rally in oil prices continues unabated.
UAE’s decision to quit OPEC seen as serious blow to Arab countries’ solidarity — expert
Khalil Jahshan, Executive Director of Arab Center Washington DC, said he would view this as "the first expression of the economic and political fallout from the Iran war on the Arab side of the Gulf"
China’s Used Cooking Oil Ships to US as War Drives Biofuel Boom
American imports of used cooking oil from China are set to accelerate as increased US biofuel-blending requirements kick in and the Iran war drives up energy costs, making the feedstock a relative bargain.
Cash Plus and Instant Bank Transfers on Mobile Application
Rabat – Fintech company Cash Plus has announced the launch of instant bank transfers on its mobile application. The launch of the new feature is a “key milestone” in the application’s development, the company said in a statement, stressing that its goal is to become a complete financial services ecosystem that is accessible to customers. According to Cash Plus CEO Nabil Amar, the launch of this new feature reflects the company’s commitment to “delivering on our promise: simplifying ...
Man Utd yet to discover final Benjamin Sesko transfer fee as extra payments set to kick in
Benjamin Sesko joined Manchester United from RB Leipzig last summer in a £74m deal including add-ons, with the striker scoring 11 goals in his debut season at Old Trafford
Will oil prices rise or fall in the months after UAE exits OPEC?
Dubai: The UAE’s decision to exit the Organization of the Petroleum Exporting Countries and the wider OPEC+ alliance from May 1, 2026, is raising questions over how global oil prices will respond, with analysts pointing to limited short-term impact but greater long-term uncertainty.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The move, announced via state news agency WAM, follows a review of production policy and capacity, with the UAE seeking greater flexi...
US Warns of Sanctions Risks for Chinese Refiners of Iranian Oil
The US warned financial institutions of sanction risks on Chinese oil refineries over ties to Iran, ramping up economic pressure on Tehran and risking tension with Beijing ahead of an expected summit between the country’s leaders.
Morocco Maintains Price Controls and Supply Stability
Casablanca – Morocco’s government moved today to reassure markets as global tensions ripple through energy and food supply chains. Prime Minister Aziz Akhannouch chaired a ministerial meeting in Rabat to assess the fallout from the Middle East crisis, with officials saying energy stocks remain stable and that foreign currency reserves cover about six months of imports. Different departments presented updates on how the international situation is affecting key sectors, but authorities stressed th...
Italy’s Eni Expands Venezuela Push With Orinoco Oil Deal
Eni SpA agreed to restart an oil project in Venezuela’s Orinoco Belt, deepening its presence as US sanctions ease.
What Is OPEC, and How Does the Oil Cartel Influence Petroleum Prices?
The group of oil-producing countries supplied more than 25 percent of the world’s oil before the war in Iran. Its members have influenced energy markets through the years.
$25,000 home equity loan vs. $25,000 HELOC: Which will be cheaper this May?
MoneyWatch: Managing Your Money $25,000 home equity loan vs. $25,000 HELOC: Which will be cheaper this May? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for C...
OPEC to have smaller influence on global oil prices after UAE withdrawal
Saudi Arabia is now left doing more of the heavy lifting on price stability, and the market loses one of the few shock absorbers it had left, he added
Europe faces jet fuel shortage as Middle East supplies halt
Brussels: Europe is facing a critical risk of jet fuel shortages following the complete cessation of shipments from the Middle East this month. The disruption, triggered by the ongoing conflict and the closure of key shipping routes, comes at a precarious time as the aviation industry prepares for the peak summer travel season.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Market data indicates that European jet fuel imports from the Middle East will vanish e...
Russian fertilizer exports up 16% annually in Q1 2026 — statistics
According to preliminary estimates, Russia exported 9.6 mln tons of mineral fertilizers worth $3.6 bln in the first quarter of 2026
Oilers' Connor McDavid a game-time decision, Connor Ingram to start Game 5 vs. Ducks
EDMONTON — Connor McDavid did not take the Edmonton Oilers’ morning skate and will be a game-time decision for Game 5 against the Anaheim Ducks on Tuesday night, coach Kris Knoblauch said. The Oilers, down 3-1 in the series and one loss away from a first-round elimination, are also turning back to goaltender Connor Ingram, who backed up Tristan Jarry in Edmonton’s 5-4 overtime loss in Game 4.Advertisement