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Cargo delays, rising costs: How UAE is managing shipping disruption

Dubai: Shipping disruptions across the region are pushing up costs, delaying cargo and forcing a major rerouting of trade flows — prompting authorities in the UAE to step in with emergency logistics measures to keep goods moving.Industry officials said freight costs have surged sharply — in some cases rising four to six times — as shipping lines divert away from traditional routes. This has triggered congestion at alternative ports and increased reliance on road transport.Sign up for our daily b...

Airlines axe 120 UK flights in May amid concern over jet fuel shortages

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कल बाजार में होगा असली खेल... 11% गिरा तेल, जंग पर बड़ा अपडेट

AI boom pushes Samsung to $1T

Samsung reached a $1 trillion valuation on Wednesday as shares of the South Korean tech giant surged more than 10%, driven by the ongoing artificial intelligence frenzy fueling demand for chips. The milestone makes Samsung only the second Asian company to cross the trillion-dollar threshold, after TSMC. The news comes on the heels of a blockbuster earnings report last week, in which Samsung posted profits eight times higher than the same period a year ago.

8th Pay Commission update: Are defence and railway unions ready for May 10 deadline?

th Pay Commission update Are defence and railway unions ready for May deadline

Capital Market Development Fund established to strengthen Pakistan’s capital markets

ISLAMABAD: Key capital market institutions of Pakistan on Wednesday established the Capital Market Development Fund (CMDF), aimed at promoting financial literacy, expanding financial inclusion and increasing retail investor participation in the capital markets across the country. The main participants of the CMDF included the Pakistan Stock Exchange (PSX), Central Depository Company (CDC), National Clearing Company of Pakistan Limited (NCCPL), Pakistan Mercantile Exchange (PMX) and the Institute...

The £11 pint sets an insane, disastrous precedent — pull the other one

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Rachel Reeves handed stark economy warning as borrowing costs hit 28-year high

Rachel Reeves has been handed a stark economy warning as Government borrowing reached its highest level in almost 30 years.Speaking to GB News, Mitchell Palmer, an economist at the Adam Smith Institute, warned the Chancellor is "running a very high cash deficit" which is "not going to abate anytime soon".The UK's long-term Government borrowing costs surged to their highest level in nearly three decades on Tuesday afternoon, as fears surrounding the Iran conflict continued to unsettle financial m...

Oil Prices Tumble as US-Iran Diplomatic Efforts Gain Traction

Oil briefly dips below $100 as markets react to renewed hopes of a US, Iran deal. Bloomberg's Mia Gindis breaks down why traders may be overreacting, how thin market participation is distorting prices, and why even a diplomatic breakthrough will not fix supply overnight. (Source: Bloomberg)

Dozens of former WH Smith stores face closure, putting thousands of jobs at risk

New owner Modella Capital, which rebranded shops to TG Jones, blames weak consumer spending Dozens of former WH Smith stores are likely to close, putting thousands of jobs at risk under a radical restructuring plan by their new owner, which had rebranded the shops to TG Jones,The investment company Modella Capital, which bought WH Smith’s chain of 480 high street stores for £76m last year, blamed “weak consumer spending” as it set out the plan to landlords on Wednesday. Continue reading...

Trainline says Middle East tensions hitting European rail bookings

Profits jump to £122m at ticketing retailer but it expects flat or declining revenues over the coming year Business live – latest updatesTrainline has said the US standoff with Iran is hitting its revenues, with rail ticket sales to foreign visitors to Europe affected.The UK-based ticketing retailer said it expected revenues to stay flat or decline over the coming year, citing “the effects of geopolitical tensions in the Middle East on inbound air traffic into Europe”. Continue reading...

One in 10 adults have no savings safety net, survey indicates

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Iran War Boosts Russia’s April Oil Tax Revenue to Six-Month High

Russia’s oil tax revenues jumped to a six-month high last month as the Kremlin started reaping the benefits of a crude rally driven by the war in Iran. With oil still trading near $100 a barrel, the windfall is set to continue.

Government clears Rs 5,000 crore emergency credit line to airlines amid jet fuel price surge

Government clears Rs crore emergency credit line to airlines amid jet fuel price surge

Is a larger down payment worth it in today's mortgage rate environment? What experts say

MoneyWatch: Managing Your Money Is a larger down payment worth it in today's mortgage rate environment? What experts say 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 Aly J Yale Aly J Yale Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance t...

How ECLGS 5.0 promises India's airlines skies beyond West Asia war clouds

How ECLGS promises Indias airlines skies beyond West Asia war clouds

Crude Oil Price Crash: अचानक क्‍या हुआ? भरभराकर टूटा कच्‍चा तेल, 11% गिरे भाव

Crude Oil Price Crash

US Treasury Signals No Change on Auction Sizes Into 2027

The US Treasury anticipates keeping nominal note and bond sale sizes unchanged “for at least the next several quarters,” the department said in a quarterly statement on debt policy Wednesday. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)

Dhaka’s first payment on Rooppur NPP loan scheduled for 2028 — Russian envoy

"This decision ensured uninterrupted works on the construction of the power plant from a financial point of view," Alexander Khozin added