اقتصاد
18081 مقال
Tesco’s UK sales growth more than halves amid Iran war uncertainty
UK’s biggest retailer reports better figures than expected by City analysts and is cheered by strong online salesBusiness live – latest updatesTesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.The UK’s biggest retailer said comparable sales rose 1.8% to £13.4bn in the three months to the end of May, well below the 4.2% reported in the previous quarter. Continue reading...
UK unemployment rate falls to 4.9% and wages grow more than expected
Drop will put pressure on Bank of England to raise interest rates despite peace deal in Iran warBusiness live – latest updatesUnemployment fell and wages increased in April, official figures showed, putting pressure on the Bank of England to raise interest rates despite a peace deal in the Middle East.The latest figures from the Office for National Statistics (ONS) showed unemployment slipped to 4.9% in the three months to April from 5% in the three months to March. Continue reading...
Iran-US deal signed: 62 million barrels set to leave Hormuz as Asia braces for oil glut
The Strait of Hormuz is set to reopen after a US-Iran deal, potentially flooding Asian markets with millions of barrels of crude. Refiners, already well-supplied and reducing processing, now face worries of oversupply. This shift from earlier fears of shortages is reflected in falling oil prices and market contango.
People starting new jobs at lowest level in five years
People starting new jobs at lowest level in five yearsJust nowShareSaveAdd as preferred on GoogleGetty ImagesThe number of people starting new jobs has fallen to its lowest level in five years, according to new figures, as the number of vacancies continues to fall.The Office for National Statistics (ONS) said that while the labour market remained "broadly stable", some areas showed signs of weakening.Liz McKeown, the ONS's director of economic statistics, said the further drop in job vacancies s...
Trump sanctions waiver on Russian crude expires: What it means for India amid US-Iran peace deal
The US Treasury did not issue an extension on Wednesday for its sanctions waiver covering Russian seaborne oil, which expired at midnight. However, neither President Donald Trump nor senior administration officials clarified whether the lapse would result in the sanctions being reinstated.
Investor Micheal Burry, who calls Nvidia overvalued says: No, thank you to SpaceX stock
Michael Burry, known for predicting the 2008 housing crash, has no stake in SpaceX, deeming its valuation excessive and put options too costly. He also reiterated concerns about Nvidia's overvaluation and questioned Anthropic's nearly $1 trillion valuation, comparing AI stock rallies to the dot-com bubble's final stages.
One Of The World's Most Important Climate Threats Has Image Problem
Many dynamic processes shape this ocean current, so we still don't know exactly how fast the circulation will change or even its future trajectory.
Tech Founder's Bengaluru Land Post Draws "Investor-Friendly" Andhra's Invite
Andhra Pradesh IT and Industries Minister Nara Lokesh took it as an opportunity to promote a new "investor-friendly" destination - Anantapur.
Modi reports US-India trade progress after Trump meeting
Indian Prime Minister Narendra Modi said there had been “significant progress” in long-running talks with Washington for a trade deal, according to a statement issued on Thursday after his meeting with United States President Donald Trump. The leaders met on the sidelines of the G7 summit in Evian in France on Wednesday, their first face-to-face talks since February 2025 in Washington. “The leaders noted with particular satisfaction the significant progress made in negotiations towards an interi...
$300 billion, sanctions relief, Hormuz reopening: What Iran gets, what US gains from deal
The US-Iran peace memorandum of understanding (MoU) outlines a sweeping framework aimed at ending military confrontation, opening the Strait of Hormuz, releasing Iran's frozen assets and providing $ 300 billion for reconstrction and opening the door for long-term negotiations.
Dubai property sales have fallen ‘off a cliff’ since start of Middle East war
Sellers of luxury villas have wiped tens of millions of pounds off asking prices, with sales down 19% in May from the previous monthProperty sales in Dubai have fallen “off a cliff”, a leading market watcher has said, after war in the Middle East forced a dramatic slowdown in one of the world’s most expensive real estate markets.Sales in the city dropped 19% in May compared with the previous month, accelerating from a 4% drop in April, the researcher ValuStrat found. Continue reading...
Rupee slips again: Currency tumbles 21 paise to 94.66 against US dollar
The Indian Rupee weakened against the US dollar on Thursday, influenced by the US Federal Reserve's hawkish stance and a strengthening dollar index. Asian currencies also saw declines, impacting the rupee. Meanwhile, positive sentiment emerged from reports of a US-Iran memorandum of understanding and progress on a US-India trade agreement.
Rejoining customs union would not fix damage caused by Brexit, research finds
Exclusive: Economists find Brexit caused 12% depression in UK exports, most of which is due to leaving single marketBrexit has depressed UK exports to the EU by 12%, and rejoining the customs union would undo only a fraction of the damage, research shared with the Guardian shows.With the UK’s future relationship with the bloc likely to feature prominently in a potential Labour leadership contest, the economists John Springford and Anton Spisak, of the Centre for European Reform, provide fresh ev...
Ukrainian drones strike Moscow’s oil refinery again; flames, thick plumes of smoke seen
Moscow's oil refinery in Kapotnya was hit by a Ukrainian drone attack on Thursday, causing visible flames and smoke. This incident follows earlier drone strikes on Russian energy infrastructure, contributing to a growing fuel shortage. Meanwhile, Russia launched its own attacks on Kyiv and Sumy. Ukrainian President Zelenskyy discussed war-ending strategies with global leaders.
Qatar LNG tanker sails for Hormuz as Middle East peace returns
An LNG tanker, the Mraikh, is approaching the Strait of Hormuz after loading cargo in Qatar, signaling a potential increase in shipping activity following a US-Iran interim peace agreement. This development could ease Pakistan's gas shortage and restore global LNG supplies, which were restricted by the waterway's closure.
PUNJAB BUDGET 2026-27: Punjab to set up ‘FBR-like’ revenue authority, says minister
LAHORE: Punjab will establish a unified revenue authority on the model of the Federal Board of Revenue (FBR) during the next fiscal year, bringing all provincial taxes under a single institutional framework, Finance Minister Mian Mujtaba Shujaur Rehman told a post-budget press conference here on Wednesday. The province successfully achieved 99 per cent of its tax collection target during the outgoing fiscal year, while the revenue target for FY 2026-27 has been increased by 46pc, he added. Expre...
كيف جمع أغنى المليارديرات العرب ثرواتهم الضخمة؟ ستذهلك الأرقام!
في عالم المال والأعمال، هناك قصص مذهلة تعكس كيف استطاع بعض المليارديرات العرب تحويل أحلامهم إلى ثروات طائلة. انضم إلينا لاكتشاف أسرار هؤلاء الأثرياء وكيف يمكن أن تلهمك قصصهم!
Unveiling the Secrets: How Arab Billionaires Built Their Empires and Amassed Incredible Fortunes
From oil magnates to real estate tycoons, the stories of the richest Arab billionaires are filled with ambition and innovation. Discover how these financial giants transformed their dreams into billions, and what surprising strategies propelled them to the top.
Top stocks to buy: Stock recommendations for today - check list
Top stock market recommendations: Bharat Electronics Ltd (BEL), Canara Bank, and TVS Motor Company - these are the top 3 stocks that Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth Management has recommended.
Who benefits from Zimbabwe’s lithium boom?
New projects and foreign-backed mines are reshaping Zimbabwe’s lithium sector, with uneven local gains.