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Oil prices have limited impact on ruble’s exchange rate — Adviser to Central Bank Governor
The situation is currently being contained by reserves, but as they are depleted, oil and other products may become significantly more expensive, Kirill Tremasov noted
Justice Department investigating oil market trading, sources say
Politics Justice Department investigating oil market trading, sources say By Jennifer Jacobs, Jennifer Jacobs Senior White House reporter Jennifer Jacobs is a senior White House reporter at CBS News. Read Full Bio Jennifer Jacobs, Sarah N. Lynch Sarah N. Lynch Senior Justice Department Reporter Sarah N. Lynch is the senior Justice Department reporter for CBS News, based in Washington, D.C. Read Full Bio Sarah N. Lynch May 13, 2026 / 12:11 PM EDT / CBS News Add CBS News on Google Washington — The...
India's Fuel Map Explained: Who Burns More Per Person?
The highest per capita consumption of petrol and diesel comes from areas with high tourism activity. These include Goa, Puducherry, Chandigarh, Ladakh, Arunachal Pradesh, Puducherry and Andaman & Nicobar Islands.
Foreign investors buying UK gilts risks volatility, says Bank rate-setter
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$100,000 short-term CD vs. $100,000 long-term CD: Which will earn more interest now?
MoneyWatch: Managing Your Money $100,000 short-term CD vs. $100,000 long-term CD: Which will earn more interest now? 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 sect...
Unilever shareholders confront bosses with concerns over tie-up with US rival
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Prices of precious metals futures growing
As of 6:12 p.m. Moscow time, the price of palladium futures for June 2026 delivery on NYMEX was up by 2.43% at $1,526.5 per troy ounce, while the price of platinum futures for July 2026 delivery was up by 3.33% at $2,189.6 per troy ounce
Stegra and Its Lenders Agree to Unlock €1.5 Billion Debt Funding
Stegra AB has agreed with creditors to unlock about €1.5 billion ($1.8 billion) of undrawn credit lines which, together with recently secured equity funding, will help complete what will be the world’s biggest green-steel plant.
Bloomberg Surveillance 5/13/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Flyers to pay more at Noida airport than Delhi international airport
Flyers to pay more at Noida airport than Delhi international airport
How Iran’s ‘dark fleet’ keeps oil flowing despite sanctions
Dubai: Even as Iran faces mounting pressure from a US naval blockade and intensifying scrutiny over the Strait of Hormuz, Tehran appears to be quietly sustaining its oil exports through a vast network of shadow tankers and covert ship-to-ship transfers near Malaysian waters, according to an Associated Press investigation.The report said dozens of Iranian-linked oil transfers have taken place in waters off Malaysia’s southern Johor state since the outbreak of the US-Iran conflict on February 28,...
Milk Price Hike: अमूल के बाद अब मदर डेयरी का भी ऐलान, बढ़ा दिए दूध के दाम, कल से नई कीमतें
Milk Price Hike
What happens if two wage garnishments are put on your paycheck?
MoneyWatch: Managing Your Money What happens if two wage garnishments are put on your paycheck? 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 Angelica Leicht Angelica Leicht Senior Editor, Managing Your Money Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she write...
Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?
Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts sayExplore all of our 2026 Australia federal budget coverageFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastRent-vesting – a popular strategy used by young Australians to save for their first home – could be killed off by Labor’s tax changes on investment properti...
Why budget rhetoric won’t match reality for many younger Australians
Figures show the treasurer’s reforms will make the tax system fairer but some will not have the advantages enjoyed by their parents As Jim Chalmers was doing the round of the parliamentary press gallery on Tuesday, he was encouraging journalists to see the tax reforms in the budget as the most ambitious since the turn of the century.The core of the tax package is that instead of paying tax on just half of profits on the sale of investments held for more than a year, we will return to the pre-19...
Chinese court awards compensation to sacked worker replaced by AI
Case attracts widespread attention as example of China balancing enthusiastic adoption of AI with job securityA court in China has ruled in favour of a worker whose company replaced him with artificial intelligence (AI), awarding him more than £28,000 in compensation.The worker, whose surname is Zhou, joined a tech company in the eastern city of Hangzhou in 2022 to work as a quality assurance supervisor overseeing large language models used in AI products. Continue reading...
VinFast restructures Vietnam operations to speed profitability
VinFast restructures Vietnam operations to speed profitability
ADGM draws global financial giants managing $4.4 trillion to establish operations in Abu Dhabi
Abu Dhabi Global Market (ADGM) concluded a highly successful participation at the 2026 Milken Institute Global Conference, held in Los Angeles from May 3 to 6, following a wave of major announcements in April by eight leading global financial firms managing a combined $4.4 trillion in assets, all unveiling plans to establish a presence in the emirate.During the visit, the delegation, led by Ahmed Jasim Al Zaabi, reinforced Abu Dhabi’s growing stature as the “Capital of Capital,” highlighting the...
Trump mega-donors pause Wisconsin development project, citing economic uncertainty
Uline, owned by billionaire Republicans Richard and Liz Uihlein, halts construction of a new facility in KenoshaUline, a business and shipping supplies company owned by billionaire Trump supporters Richard and Elizabeth Uihlein, is pausing the construction of a new distribution facility in Kenosha, Wisconsin, citing economic uncertainty.The construction pause comes in a key battleground state, where Trump won in 2016 and 2024, but lost to Biden in 2020. Continue reading...
Anduril raises $5B, doubles valuation to $61B
Another year, another massive influx of capital for Anduril: the funding round that was rumored to be in process in March has officially closed. Anduril has raised a $5 billion Series H round at a $61 billion valuation, led by returning investors Thrive Capital and Andreessen Horowitz, the company announced Wednesday. This is more than double the valuation it landed just under a year ago, when it raised $2.5 billion at a $30.5 billion valuation led by Founders Fund. (Founder’s Fund invested a $1...