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Kuwait to 'explore new opportunities' around building strategic storage in Pakistan’s petroleum sector

ISLAMABAD: Kuwait agreed on Tuesday to “explore new opportunities” around building strategic storage in Pakistan’s petroleum sector, a statement by the Petroleum Division said, adding that the initiative could result in mutual benefit for both sides. The assurance came during a meeting between petroleum Minister Ali Pervaiz Malik and Kuwait’s ambassador to Pakistan, Nassar Abdulrahman Jasser Almutairi, in Islamabad. “Both sides discussed prospects...

Petrol & diesel prices frozen for 4 years - how deep is India's fuel dilemma?

India assures stable fuel supplies despite global disruptions and rising crude prices. However, unchanged domestic rates are causing significant losses for oil marketing companies, leading to a pressing question about potential price hikes. The government faces a fiscal burden from absorbing price shocks through tax cuts.

UK borrowing costs jump amid uncertainty over PM's future

UK borrowing costs jump amid uncertainty over PM's futureJust nowShareSaveAdd as preferred on GoogleMichael RaceBusiness reporterGetty ImagesGovernment borrowing costs jumped on Tuesday amid uncertainty over the future of Prime Minister Sir Keir Starmer.The effective interest rate on borrowing over 10 years rose to 5.13%, near levels last seen during the 2008 global financial crisis.Financial markets have been on edge due to fears that the Iran war will push up inflation and lead to interest rat...

Sicily police investigate illegal race with horse-drawn carts and Kalashnikovs

Horses seized and several people questioned after animal rights activist shares video of race along country roadsA video showing an illegal horse race in Sicily, with spectators firing pistols into the air and brandishing Kalashnikov rifles, went viral and prompted a police investigation that led to the seizure of the animals.The clip, reportedly filmed last Friday, shows two jockeys driving horse-drawn carts at breakneck speed along country roads in the town of Palagonia, near Catania, in easte...

OMCs losing Rs 1,000 crore a day: Petrol minister Puri highlights mounting losses

Indian consumers are shielded from soaring global crude prices, but state fuel retailers are facing immense financial strain. Companies are losing approximately Rs 1,000 crore daily, with cumulative under-recoveries reaching nearly Rs 1.98 lakh crore. This price freeze, while ensuring supply, puts significant pressure on their balance sheets and future operations.

आज 11 लाख करोड़ स्‍वाहा! मार्केट में आई सुनामी, सेंसेक्‍स 1500 अंक टूटा

WHO chief says "work not over" after evacuation of hantavirus-stricken ship

World WHO chief says "work not over" after evacuation of hantavirus-stricken cruise ship May 12, 2026 / 6:28 AM EDT / CBS/AFP Add CBS News on Google World Health Organization chief Tedros Adhanom Ghebreyesus said Tuesday that "our work is not over" to contain hantavirus after evacuations from a cruise ship hit by a deadly outbreak of the illness. The fate of the MV Hondius has sparked international alarm after three passengers died in an outbreak of the rare virus for which no vaccines or specif...

पेट्रोल में बढ़ेगा इथेनॉल का डोज! 2027 तक आ सकता है E21 फ्यूल, जानें क्या है सरकार का प्लान

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Amazon Rolls Out Amazon Now to Dozens of Cities Across the U.S., Providing 30-Minute Delivery to Millions of Customers - About Amazon

Amazon Rolls Out Amazon Now to Dozens of Cities Across the U.S., Providing 30-Minute Delivery to Millions of Customers  About Amazon

Quiet Token Sales Boosted Trump Crypto Wealth by $660 Million

Trump family members made roughly $1.55 billion from sales of World Liberty Financial Inc. tokens, lifting their total fortune by about $660 million, after accounting for previously undisclosed transactions, according to the Bloomberg Billionaires Index.

The new 'tax' on SHARES coming to Australia: What it means for you if you try to sell your stocks

The new 'tax' on SHARES coming to Australia: What it means for you if you try to sell your stocksBy CAMERON CARPENTER, DEPUTY NEWS EDITOR, AUSTRALIA Published: 11:08, 12 May 2026 | Updated: 11:08, 12 May 2026 e-mail View comments

What the budget means for your generation – gen Z, millennial, gen X or boomer

Jim Chalmers has sold the budget as a historic shift in favour of intergenerational fairness. Four Guardian Australia staff members assess what it means for their age groupFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastIt’s hard to speak for the millions in the gen Z collective. We were born in the mid-to-late 90s to 2010, making...

Sensex ends 1,456 points lower, Nifty below 23,400; TCS, Infosys fall over 3%

Sensex ends points lower Nifty below TCS Infosys fall over

Bridging the connectivity gap: Why the LEO satellite broadband industry matters for the global economy - About Amazon

Bridging the connectivity gap: Why the LEO satellite broadband industry matters for the global economy  About Amazon

Hospitality is Northern Ireland’s ‘Cinderella’ industry, says Bill Wolsey

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Why The U.S. Now Dominates Global LNG Markets

BusinessEnergyWhy The U.S. Now Dominates Global LNG MarketsByRobert Rapier,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector.Follow AuthorMay 12, 2026, 06:00am EDT CAMERON, LA - FEBRUARY 10: In an aerial view, the Sabine Pass liquefied natural gas plant owned by Cheniere Energy is seen on February 10, 2025 in Cameron, Louisiana. China, the world's largest importer of liquefied natural gas, has...

Federal budget 2026 summary – winners and losers

Taxpayers and first home buyers are the winners in Labor’s 2026 budget, while rich families could be among the losers. Find out who is better off and who is worse off in Chalmers’ budgetFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastBeing a winner or a loser from the federal budget can be the difference between hundreds of dollars...

ATO to launch a huge crackdown on Aussies not paying their tax - as Jim Chalmers announces huge funding boost

ATO to launch a huge crackdown on Aussies not paying their tax – as Jim Chalmers announces huge funding boostATO to hire 1500 new staff membersBudget to increase by almost $2billionBy NICHOLAS COMINO, POLITICAL REPORTER, AUSTRALIA Published: 10:52, 12 May 2026 | Updated: 10:56, 12 May 2026 e-mail View comments

Negative gearing is officially DEAD: Explained - what the property tax changes in the Federal Budget REALLY mean for anyone who wants to buy or sell a home in Australia

Negative gearing is officially DEAD: Explained - what the property tax changes in the Federal Budget REALLY mean for anyone who wants to buy or sell a home in AustraliaBy PETER VAN ONSELEN, POLITICAL EDITOR, AUSTRALIA Published: 10:46, 12 May 2026 | Updated: 10:49, 12 May 2026 e-mail View comments

एक साल नहीं खरीदा सोना, तो क्या इस सेक्टर में आएगी निवेश की 'सुनामी'!