اقتصاد

No trade barriers: ASEAN takes firm stand to protect supply chains

Dubai: Southeast Asian nations have agreed to keep trade flowing and avoid export restrictions as they mount a coordinated response to mounting economic pressures linked to the ongoing conflict in the Middle East.Meeting under the Philippines’ chairmanship, economic ministers from the Association of Southeast Asian Nations (ASEAN) have noted that the current situation requires a unified regional approach rather than individual action by member states.“We convened… to exchange views on the far-re...

Air India to cut nearly 100 flights till July: CEO Campbell Wilson

Air India is slashing nearly 100 flights through July due to soaring jet fuel costs and airspace restrictions, making international routes unprofitable. This move deepens the crisis for the airline, which already faces significant losses. The situation is exacerbated by global oil price shocks impacting India's oil marketing companies, with fuel prices surging dramatically.

Commercial LPG price hiked by nearly ₹1,000 in setback for migrant workers, restaurants

The 5-kg free trade LPG cylinder, used primarily by migrant labourers and students living near educational institutions, jumped from ₹549 to ₹810.50.| India News

Major airline shuts and cancels all flights after plunging into financial chaos

Spirit Airlines announced that it was going out of business after operating for 34 years with the Florida based carrier employing around 17,000 people

Spirits airline makes final landing: American budget-friendly flight halts operations

Spirit Airlines, a prominent low-cost carrier, has ceased operations after 34 years, citing an immediate shutdown. The airline's abrupt closure follows failed federal intervention and mounting financial losses exceeding $2.5 billion since 2020. This development impacts approximately 17,000 employees and cost-conscious travelers.

New free financial advice plan aims to help Britons build savings

‘Targeted support’ means certain banks and financial institutions can offer free extra help with investments and pensionsMany Britons are daunted by the world of investing, but new City rules mean certain banks and financial institutions can offer free extra help with investments and pensions.Last month marked the launch of “targeted support”, a new regulated service that permits companies to suggest investments and pension products to customers that might provide a better return. Continue...

Dubai records highest monthly sales of residential apartments in April - Emirates 24|7

Dubai records highest monthly sales of residential apartments in April  Emirates 24|7

'अब कोई चारा नहीं बचा...' ऑपरेशन में कटौती करने जा रही एअर इंडिया, ATF की बढ़ती कीमतों का असर

ATF

Spirit Airlines shutting down after rescue talks collapse

Spirit Airlines shutting down after rescue talks collapseJust nowShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesSpirit Airlines is shutting down as a business after failing to secure a $500m (£368m) bailout from the Trump administration.The budget airline was in talks with the US government about a rescue deal which would have saved it from collapse.But discussions collapsed and the carrier said in an announcement on its website on Saturday that with "great d...

Spirit Airlines ceases operations after escalating financial struggles

The low-cost carrier, which had been struggling for years, announced it will cease operations. Spirit had been seeking a $500 million lifeline from the White House, but talks failed to yield a deal.(Image credit: Mario Tama)

रातोंरात बंद होने जा रही अमेरिका की ये कंपनी, ट्रंप भी बचाने में फेल

Spirit Airlines shutting down after failed effort at government rescue deal

MoneyWatch Spirit Airlines shutting down after failed effort at government rescue deal .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Megan Cerullo, Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio Megan Cerullo, Kris Va...

Spirit Airlines is closing down. Thousands of employees and travelers are impacted.

ConsumerSpirit Airlines is closing down. Thousands of employees and travelers are impacted.Flights were canceled and Spirit's airport check-in desks sat empty Saturday morning, with little help on hand for travelers figuring out what to do next.Listen to this article with a free account00:0000:00 body:has(.jw-flag-floating) .article-hero__container, body:has(.jw-flag-floating) .article-hero__media-holder, body:has(.jw-flag-floating) #content { z-index: auto; } Add NBC News to GoogleSpirit A...

Air India to cut international flights till July amid rising fuel costs, airspace curbs: Internal memo

Air India to cut international flights till July amid rising fuel costs airspace curbs Internal memo

BBC News to bear deepest cuts amid 2,000 planned job losses

Staff warned news operations face 15% cut, above BBC-wide 10% target, as corporation pushes through £600m savings planThe BBC’s news operation is to cut costs by a steeper-than-expected 15%, with staff told to expect heavy redundancies.The division, home to about a quarter of all BBC staff, is being saddled with one of the highest cost-cutting targets as the corporation attempts to cut as many as 2,000 jobs in the biggest downsizing of the public service broadcaster in 15 years. Continue reading...

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India-Linked Tanker Laden With Cooking Fuel Attempts Hormuz Exit

An India-linked supertanker laden with liquefied petroleum gas is attempting to transit the Strait of Hormuz, a rare crossing that underscores the country’s struggle to alleviate a historic energy crisis.

बैंक खाताधारक बेखबर, करोड़ों का स्कैम, कानपुर पुलिस ने किया भंडाफोड़

UK drivers face 'increased £3,699 cost' as new update given

However, with the right decision the cost will be borne elsewhere

US claims Iran loses nearly $4.8b amid Gulf blockade

Washington: The US blockade in the Straight of Hormuz and surrounding maritime routes has been claimed to have cost Iran nearly $4.8 billion in oil revenue, significantly tightening financial pressure on Tehran, according to a report by Axios citing Pentagon estimates. The Department of War assessment suggests Iran has been denied close to $5 billion in oil earnings due to disruptions linked to US enforcement operations in the region, which officials say are targeting sanctioned maritime trade a...