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Fuel price hike and OMC profits: Are India’s oil firms really making windfall gains?
Recent fuel price hikes have ignited debate over oil marketing companies' (OMCs) profits amid the Middle East crisis. Despite a reported Rs 77,821 crore profit for FY26, a closer look reveals thin margins, past losses, and a lag in reflecting current crude price impacts. These profits are crucial for investments and national energy security.
Palestinian graduates in the West Bank enter a collapsed job market
Youth joblessness among West Bank graduates has nearly hit 40 percent. Many wonder what the degrees are worth.
Nomura Raises Annual Profit Target 50% After Record Year
Nomura Holdings Inc. raised its profit targets following a year of record earnings, as Chief Executive Officer Kentaro Okuda pushes for stable growth.
Lagarde Says Central-Bank Credibility Is Key in New World Order
European Central Bank President Christine Lagarde said that governments might be inclined to tighten their grip on monetary authorities and stressed that upholding central-bank independence is even more important in an increasingly challenging global order.
Watchdog slaps BDO with £2m fine over serious audit failings
Accountancy giant BDO and the former head of its London audit group have been slapped with sanctions by the accounting industry watchdog over its work on the construction engineering firm NMCN. The Financial Reporting Council (FRC) imposed sanctions on the firm and its former partner, Geraint Jones, for significant and serious breaches during the 2019 statutory audit of NMCN. Former London-listed NMCN was a major UK construction and national infrastructure consultancy group until it went in...
UK butcher's shop plunges into liquidation - in business for more than 30 years
UK butcher's shop plunges into liquidation - in business for more than 30 yearsThe shop has been in business for over 30 years. Share Article Share Article Facebook X LinkedIn Reddit Bluesky Email Copy Link Link copied Bookmark Add us as preferred source Comments By Grace Piercy, News Reporter 08:04, Thu, May 28, 2026 Updated: 08:06, Thu, May 28, 2026 The Surrey Butchers has shut after 30 years (Image: Getty)A butcher that has been in business for 30 years has collapsed into liquidation. The Sur...
اكتشف السر الغامض لوارن بافيت: القاعدة رقم 1 التي ستجعلك غنيًا!
هل تساءلت يومًا كيف أصبح وارن بافيت أحد أغنى رجال العالم؟ تكشف هذه المقالة عن سر نجاحه الاستثماري وأهم قاعدة يجب عليك اتباعها للوصول إلى الثروة!
Unlocking Wealth: Warren Buffett’s #1 Rule for Getting Rich That You’ve Never Heard Of!
Warren Buffett, the Oracle of Omaha, has amassed a staggering net worth of $118 billion by sticking to one crucial investing rule. This secret strategy has transformed his life and can revolutionize yours too!
Conditions Are Ripe for Negative Spiral: 3-Minutes MLIV
Joumanna Bercetche, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)
KKR to Open New Office in Milan, Strengthening Long-Term Commitment to Italy
KKR, a leading global investment firm, today announced plans to open an office in Milan, further strengthening its long-term commitment to Italy and expanding its local presence in one of Europe’s largest economies. The office will support the firm’s investment activity across Private Equity, Real Assets, Credit and Insurance, while deepening client partnerships and advancing the continued development of KKR’s private wealth business in Italy. Italy has been an important market for KKR for ov...
Dollar heads for weekly loss on reports of US-Iran ceasefire deal - Emirates 24|7
Dollar heads for weekly loss on reports of US-Iran ceasefire deal Emirates 24|7
UK risks ‘lost generation’ of young people out of work; first time buyers face toughest time since financial crisis – business live
Rolling coverage of the latest economic and financial newsUK home ownership is increasingly out of reach for young people, David Thomas, the outgoing chief executive of Barratt Redrow is warning today.In an interview with the BBC, Thomas says that now is one of the most difficult times to get onto the housing ladder, comparable only with the aftermath of the financial crisis in 2008.Certainly it’s going to be close to where we were [after] the great financial crisis.That was probably more to do...
Jamie Dimon opens door to a $20bn JP Morgan takeover
Jamie Dimon has kicked the door open to the prospect of JP Morgan completing a major takeover that would shake-up the global banking landscape. The Wall Street boss raised the idea of the bank spending as much as $20bn (£15bn) as it looks to capitalise on the freed up capital from deregulation reforms. “I do think there might be, in the next couple years, a chance to put $10bn or $20bn to work buying something,” he said during a banking conference on Wednesday. “And when we do that, we’ll...
'We went into the woods to make a pool for our kids - now everyone wants to come'
It's fair to say 'Ton Pentre Lido' has been a hit
The £5 coffee that tells a story of global economic turmoil
The £5 coffee that tells a story of global economic turmoilPublished28 May 20262067 CommentsByFaisal IslamEconomics editorListen to Faisal read this story.It's 9am at Kew Bridge in west London, and tourists, runners and dog walkers are queuing up at the Dear Coco vintage Italian coffee cart.It is high-grade coffee made from the arabica bean, brewed in an expensive La Marzocco machine - and the price shows that, at £4.50 for an iced latte, £4.10 for a 10 oz latte, and £3.90 for a 6 oz flat white....
The £5 coffee that tells a story of global economic turmoil
The £5 coffee that tells a story of global economic turmoilJust nowShareSaveAdd as preferred on GoogleFaisal IslamEconomics editorBBCListen to Faisal read this story.It's 9am at Kew Bridge in west London, and tourists, runners and dog walkers are queuing up at the Dear Coco vintage Italian coffee cart.It is high-grade coffee made from the arabica bean, brewed in an expensive La Marzocco machine - and the price shows that, at £4.50 for an iced latte, £4.10 for a 10 oz latte, and £3.90 for a 6 oz...
Chaos at BP as Manifold doubles down on defence against firing
Albert Manifold has dialled up his attack on his former employer BP, accusing the energy giant of lacking direction before he took the reins and denying the company’s allegations about his conduct. In his second statement in as many days, BP’s ousted chair launched a staunch defence of his record running the group’s board, and said at he has “never once” been formally or informally reprimanded about his behaviour in his entire career. “I dispute entirely this characterisation of my conduct,...
Stonepeak, Lim Family Are Said to Weigh Withdrawing Yinson Bid
Yinson Holdings Bhd.’s founding Lim family and Stonepeak Partners are considering withdrawing a plan to take the energy infrastructure company private, according to people familiar with the information.
Shampoo, sacks and more: How is Middle East conflict making your groceries costlier?
Your daily essentials, from shampoo to biscuits, are set to become pricier. A global conflict is driving up raw material costs, forcing companies to hike prices by 3-7% and potentially reduce product sizes. Expect further increases in food, beverage, and personal care items as businesses grapple with soaring input expenses.
CXMT Eyes China's Biggest IPO Since 2022 | The China Show 5/28/2026
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, Yvonne Man and David Ingles give global investors unique insight, delivering in-depth discussions with the newsmakers who matter. (Source: Bloomberg)