اقتصاد

British Airways warns all airlines will have to increase fares as a result of Iran war

The British Airways boss has warned all airlines will have to increase fares to combat rising fuel costs as a result of the Iran war.Luis Gallego, chief executive of the airline, said the business is "managing the uncertainty" caused by increased fuel prices.He said British Airways would take "necessary action on yields, costs and capacity", but admitted all airlines will "need to increase fares" to "mitigate the impact" of rising jet fuel prices.The war against Iran has resulted in the closure...

Joint Home Loan: होम लोन लेने के लिए अपनी मां को बनाएं को-एप्लिकेंट, फायदे-ही-फायदे

Joint Home Loan

Region could witness new political alignment after US-Iran war: Moghadam

ISLAMABAD: Iran’s Ambassador to Pakistan Dr Reza Amiri Moghadam believes the region could witness new political alignments once the ongoing war involving the United States and Israel comes to an end. He was speaking at a roundtable hosted by the Centre for International Strategic Studies (CISS), Islamabad, where diplomats, academics and policy practitioners discussed the future course of Pakistan-Iran ties and the evolving regional situation as the conflict continues under what participants desc...

What will it take to free 1,600 stranded ships from Hormuz deep waters?

President Trump's "Project Freedom" to escort ships through the Strait of Hormuz lasted only 48 hours, leaving thousands of vessels stranded. Despite US military guidance for two ships, the operation was paused due to ongoing dangers, with shipping executives unwilling to risk passage without a proven peace accord.

Taxation with equity

THE exodus of a large number of multinational companies (MNCs) over the past two years should have raised red flags among policymakers and the IMF. Instead, it has been met with a business-as-usual approach. Despite the glib explanation of how ‘global capital allocation decisions’ were the main factor behind the high-profile exits, three associated facts point clearly to deeper issues closer to home. The first is the sheer number of companies choosing to exit, in conjunction with the wide range...

Removing subsidies

THE government’s commitment to the IMF to scrap untargeted residential electricity subsidies from next year and replace them with a targeted support mechanism through the Benazir Income Support Programme is politically fraught but economically difficult to avoid any longer. It is also important to end untargeted subsidies because high tariffs have created powerful incentives for consumers to indulge in ‘legal power theft’ by manipulating the system. Households that can afford to do so instal mul...

15 मई से पहले बढ़ सकते हैं पेट्रोल-डीजल के दाम, हर दिन हो रहा भारी नुकसान

Uber के लिए 6 हजार, 5 हजार का डोसा... अमेरिका का खर्च देख महिला के उड़े होश

Uber

WWE SmackDown Results, Winners And Grades On May 8, 2026

BusinessSportsMoneyWWE SmackDown Results, Winners And Grades On May 8, 2026ByAlfred Konuwa,Contributor.Forbes contributors publish independent expert analyses and insights. I write about men in tights & the billions they make for men in suits.Follow AuthorMay 08, 2026, 11:01pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Gunther and Cody Rhodes will face off at WWE Clash in Italy. WWEWWE SmackDown (May 8, 2026) Key...

David Pocock applauds $387.4m in extra funding for CSIRO after tens of thousands sign petition

Analysis commissioned by independent senator found national science agency’s funding is at its lowest since 1978Get our breaking news email, free app or daily news podcastThe Albanese government will boost funding to CSIRO by $387.4m in a bid to meet the long-term costs of the national science agency.It follows months of advocacy by scientists and staff after hundreds of job cuts and cost-cutting measures. Continue reading...

Akamai Lands $1.8 Billion Anthropic Deal As CDN Becomes AI Cloud

InnovationCloudAkamai Lands $1.8 Billion Anthropic Deal As CDN Becomes AI CloudByJanakiram MSV,Senior Contributor.Forbes contributors publish independent expert analyses and insights. I cover emerging technologies with a focus on infrastructure and AIFollow AuthorMay 08, 2026, 10:24pm EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.NetworkPixabayA content delivery company best known for moving video bits faster has just si...

Mideast war taking a toll on Pakistan’s ‘wedding economy’

• Marriage halls increase rates or avoid long-term pricing commitments due to economic uncertainty• Govt austerity measures have led to stricter enforcement of wedding regulations, including the 10pm curfew and one-dish policy KARACHI: With temperatures climbing, wedding invitations seem to have mercifully dwindled to a stop for those who dread the sweat of suits, heels, and layers of makeup. And not a day too soon, given how the ongoing war has impacted this wedding-obsessed country. Amid surgi...

FCC staff pay, perks surpass SC’s amid supremacy row

ISLAMABAD: The newly created Federal Constitutional Court (FCC) has pushed the emoluments of its staff and officers to unprecedented levels as debate continues over the constitutional supremacy of FCC and Supreme Court. The development comes amid an intensifying constitutional debate between the FCC and the SC over their respective jurisdictions and authority following the 27th Constitutional Amendment. In a recent judgement, the SC ruled it is not subordinate to the FCC despite FCC’s repeated...

World adds 89 ultra-rich people a day despite market uncertainty

Dubai: Global wealth creation has accelerated despite geopolitical uncertainty, higher interest-rate concerns and uneven economic growth, with 89 new ultra-high-net-worth individuals created every day over the past five years, according to Knight Frank’s Wealth Report 2026.Sign up for our daily business newsletter, Cheques & Balances.The 20th edition of the report shows the global population of ultra-high-net-worth individuals, defined as people with net assets of at least $30 million, rose by 1...

General Motors to pay $12.75m settlement for selling drivers’ location and data

Automaker had given ‘numerous statements reassuring drivers that it would not do so’, says California attorney generalGeneral Motors (GM) agreed to pay $12.75m to resolve claims that it illegally sold hundreds of thousands of Californians’ location and driving data to two data brokers, said the state’s attorney general, Rob Bonta, on Friday. He said this came after the Detroit-based automaker had given “numerous statements reassuring drivers that it would not do so”.“General Motors sold the data...

Can't hold fuel losses indefinitely: Officials; crude averages $105 a barrel in May so far

Soaring crude oil prices, averaging $105.4 a barrel, are straining oil companies' finances as they sell fuel below cost. Despite government excise duty cuts, losses are unsustainable. Experts suggest gradual price hikes and innovative strategies to manage the transition to renewables while supporting companies' investments and the macroeconomy.

Colombia Inflation Ticks Up, Fueling Case For Renewed Rate Hikes

Colombian inflation sped up in April, moving further away from the central bank’s target and raising the likelihood it may need to resume interest rate hikes after an unexpected pause late last month.

What April's jobs report says about state of economy

The Bureau of Labor Statistics on Friday reported a better-than-expected jobs report for April. CBS News MoneyWatch correspondent Kelly O

Wall Street Week | High Stakes Summit, New Zealand's Brain Drain, Stablecoin Adoption, Bubbly Water

This week, China thinks it's cracked the code on Trump heading into a summit in Beijing. And, what happens when a country's best and brightest travel overseas and stop coming back? Plus, the most useful thing about crypto might be the one nobody's talking about: cheap and fast cross-border payments. Later, the smartest bet in the sparkling water boom might not be on any brand, but on the companies behind them. (Source: Bloomberg)

Rise of the handy house buyer: Two-thirds of first-time home owners bought doer-upper properties

Rise of the handy house buyer: Two-thirds of first-time home owners bought doer-upper propertiesBy ROBERT FOLKER, NEWS REPORTER Published: 00:02, 9 May 2026 | Updated: 00:07, 9 May 2026 e-mail View comments