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Erste Plans SRT Tied to Austrian Commercial Real Estate Loans

Erste Group Bank AG is working on a significant risk transfer tied to commercial real estate loans in Austria as regulators push lenders to bolster their capital buffers against potential defaults in the sector.

Ineos boss Jim Ratcliffe criticises UK and Europe amid new US oil and gas investment with Shell

NewsBusinessIneos boss Jim Ratcliffe criticises UK and Europe amid new US oil and gas investment with ShellThe two companies will jointly invest in exploration and production in the Gulf of MexicoAnna Wise Tuesday 05 May 2026 12:05 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"a...

Cognizant eyes up to 15,000 job cuts, India likely to see biggest impact

Cognizant eyes up to job cuts India likely to see biggest impact

UK's $228b Man Group moves to set up Abu Dhabi presence

 Dubai: Abu Dhabi Global Market (ADGM) said Man Group has submitted an application to establish a presence in Abu Dhabi, marking a further step in the emirate’s efforts to position itself as a global asset management hub.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The London-listed alternative investment firm, which manages about $228.7 billion in assets, has applied for a Category 3A licence and plans to set up operations in the capital, subject to r...

New market leader Antonelli faces title test

The Italian teenager is the new favourite to win the Drivers’ Championship, but can he handle the pressure at the top?

Europe has pumped 6 bcm of gas into UGS facilities for next winter

Currently, European underground gas storage facilities are 33.79% full

2026 is the most happening year for mass-market sedans in a long time

is the most happening year for massmarket sedans in a long time

UK electric car sales leap ‘could be hit by Iran war inflation and energy price rises’

BEV sales jumped nearly 60% in April, taking total electric car registrations to more than 2m, says SMMTBusiness live – latest updatesA recent jump in electric car sales in the UK is likely to be “tempered” by worries over rising inflation and energy prices caused by the Iran war, a leading industry body has warned.New car sales in the UK rose by 24% year on year to 149,247 in April, according to the Society of Motor Manufacturers and Traders (SMMT). Continue reading...

JPMorgan’s Matejka Sees More Stock Gains After Narrow Rally

The rebound in global stocks from their Iran war lows has been so narrow that the market is primed for broader gains triggered by even slightly positive news, according to strategists at JPMorgan Chase & Co.

AMD Earnings Need to Justify Rally After Best Month in 25 Years

Advanced Micro Devices Inc. is coming off its best month in the stock market since the dot-com era, and with the chipmaker’s first-quarter earnings due after the bell, investors will get a chance to see whether its shares have gotten ahead of its fundamentals.

Ineos and Shell join up to drill for new oil and gas in US

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Australians are poorer because of war on the other side of the world – Michele Bullock’s logic is hard to fault

In sobering comments, the RBA governor forecasts economic malaise due to the global fuel shock. Not recession but higher prices, lower growth and wages that don’t keep pace with inflationGet our breaking news email, free app or daily news podcastAs far as rallying cries go, Michele Bullock’s “we are poorer, and there is no way out of that” leaves a lot to be desired.It’s not going to win you any applause, particularly when you’re the governor of a central bank that has just announced a third rat...

British sisters, 18 and 19, 'are raped in a hotel by two UK brothers they met in a nightclub' in medieval town on Greek island

British sisters, 18 and 19, 'are raped in a hotel by two UK brothers they met in a nightclub' in medieval town on Greek islandBy OLIVIA ALLHUSEN, FOREIGN NEWS REPORTER Published: 11:09, 5 May 2026 | Updated: 11:09, 5 May 2026 e-mail View comments

क्रेडिट स्कोर का असली खेल... कोलैटरल नहीं है? फिर भी आसानी से मिल सकता है लोन

Energy shock, global tremors: Who pays the price?

Ongoing supply disruptions, threatened international corridors, and rising concerns — driven by geopolitical tensions in the Middle East — have created a global crisis that has extended beyond political and military frameworks into global energy markets. The US–Israel–Iran war has triggered the worst global energy crisis, surpassing those of 1973, 1979, and 2022.With escalating tensions in the Strait of Hormuz — a strategic maritime passage linked to one-fifth of global oil exports — and attacks...

India’s RBI Mulls Sale of Foreign Bonds by State-Owned Lenders

India’s central bank, grappling to support the beleaguered rupee, is weighing a plan for state-owned lenders to sell foreign-currency bonds to draw capital inflows, according to people familiar with the matter.

Kazakhstan may refuse electricity supplies from Russia starting 2027 — ministry

Kazakhstan has been purchasing electricity from Russia annually in recent years due to a shortage of its own capacity

IFFCO faces provisional liquidation amid $2 billion debt crisis

Dubai: UAE-based IFFCO Group is close to entering provisional liquidation after months of stalled restructuring talks, according to a Bloomberg report citing Financial Times.Sign up for our daily business newsletter, Cheques & Balances.A group of creditors led by HSBC Holdings Plc has sought court intervention to take control of the Dubai-based conglomerate, which has around $2 billion in debt, the report said, citing people familiar with the matter. The lenders have nominated FTI Consulting as...

People told to pour washing up liquid down outside drain this week

If your drains are clogged up after the weekend's heavy rain, there is a simple method to unblock a kitchen drain without calling out expensive professionals

Singapore’s Marina One Office Complex Said to Attract CapitaLand, Hongkong Land

CapitaLand Group Pte and Hongkong Land Holdings Ltd. are among possible bidders for the Marina One high-rise complex in Singapore’s central business district, according to people familiar with the matter.