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UAE, South Korea activate trade deal to boost investment and exports
Dubai: The UAE and South Korea have brought their Comprehensive Economic Partnership Agreement (CEPA) into force, marking a new phase in trade and investment ties between the two economies.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The agreement is expected to deepen economic cooperation, expand market access and support private sector activity across key industries, including technology, manufacturing and logistics.Tariff cuts, market accessUnder the CEP...
Finance ministry flags risk to Pakistan's external sector amid global uncertainty
ISLAMABAD: Despite a healthy primary balance of 3.3 per cent of gross domestic product (GDP) at home, the Ministry of Finance on Thursday warned that Pakistan’s external sector may be facing risks owing to emerging global uncertainties and regional supply disruptions amid a higher rate of inflation. “External demand may remain supportive in some markets but the balance of risk becomes less favourable than in a pre-war setting,” the ministry said in its Monthly Economic Update and Outlook for Apr...
Amazon’s biggest hiring of the year 2026 will be done by Connect Talent: What is it
Amazon is reportedly shifting its hiring strategy towards AI, with its largest recruitment drive in 2026 expected to heavily utilize AI-led interviews via its new Connect Talent platform. This system aims to automate screening, interviews, and note generation for large-scale hiring, including seasonal roles, with minimal human involvement.
BOE Interest-Rate Decision | Special Coverage
The Bank of England left interest rates on hold at 3.75%, with several policymakers saying they might consider future hikes, just as oil prices soared within reach of the central bank’s most pessimistic scenario for the economy. Bloomberg TV brings you Governor Andrew Bailey's press conference live as well as, all the market reaction and analysis in a special program hosted by the Opening Trade team and a range of experts. (Source: Bloomberg)
Remember Parag Agrawal? His new company is now worth Rs 19,020 crore
Remember Parag Agrawal His new company is now worth Rs crore
GDP rose at 2% annual rate in first quarter as U.S. economy rebounds
MoneyWatch GDP rose at 2% annual rate in first quarter as U.S. economy rebounds .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 30, 2026 / 9:40 AM EDT / CBS News Add CBS News on Google The U.S....
Fed holds benchmark interest rate steady as Americans face rising inflation
The Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive month as the U.S. economy faces rising inflation. Kelly O
Spirit Airlines may be days away from collapsing
Spirit Airlines has only days of cash on hand to continue operations, multiple sources tell CBS News. Kris Van Cleave reports.
Inquest opens into presumed death of woman who vanished 34 years ago - after her husband 'confessed he strangled her and dumped her body in an incinerator' but was never convicted
Inquest opens into presumed death of woman who vanished 34 years ago - after her husband 'confessed he strangled her and dumped her body in an incinerator' but was never convictedGet your news delivered straight to you by 7am - sign up to our new Morning Mail newsletter for FREEBy ED HOLT Published: 14:16, 30 April 2026 | Updated: 14:34, 30 April 2026 e-mail View comments
Behind Powell’s High-Stakes Decision to Stay at the Fed
Jerome H. Powell will remain a governor at the Federal Reserve after his term as chair ends, in a bid to guard against a further incursion by the Trump administration on the central bank’s independence.
Rising household costs ‘will be felt hardest by those already struggling’
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US economic growth rebounds 2% as consumer spending slows amid Iran war
First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fearsUS gross domestic product (GDP) accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices.The last GDP reading for the fourth quarter of 2025 showed that US economic growth slowed to a 0.5% pace, largely due to a contraction in government spending after massive layoffs of federal workers last year. The fed...
Reform’s Offord says no backlash to debate comments about his success
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InsuranceMarket.ae recognised Among the 2026 Best Workplaces in the UAE
Great Place to Work, the global authority on workplace culture, has ranked InsuranceMarket.ae among the Best Workplaces in the UAE. This recognition is based on one of the region’s largest employee experience studies, where thousands of employees were surveyed to assess trust, innovation, company values and leadership.This recognition reflects InsuranceMarket.ae’s continued commitment to building a people-first organisation where performance and well-being go hand in hand. With a growing team of...
Slight relief for passengers as Philippines lowers fuel surcharge level
Dubai: Passengers can expect a small reduction in travel costs after the Philippines has declared a slight cut in fuel surcharge levels applied starting this May.The Philippine Civil Aeronautics Board (CAB) has announced that the surcharge will be reduced from level 19 to level 18 for the period of May 1 to May 15, a modest easing in airline-imposed fees that fluctuate with global fuel prices.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Small drop in charge...
Chinese Investment in US Seen Stagnant Even After Xi-Trump Talks
Chinese foreign direct investment in the US is unlikely to rebound meaningfully even if Washington and Beijing restart high-level negotiations that are expected to place such investments on the agenda, according to a new report by Rhodium Group.
US Economy Stays Resilient as GDP Grows 2% in First Quarter
US economic growth accelerated in the first quarter, fueled by solid business and consumer demand, as inflation-adjusted gross domestic product increased an annualized 2% at the start of the year. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)
What are today's mortgage interest rates: April 30, 2026?
MoneyWatch: Managing Your Money What are today's mortgage interest rates: April 30, 2026? 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 Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He wri...
Fact check: The US is the UK’s third largest source of natural gas
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Sustainable home upgrades rise as UK homeowners cut luxuries for eco improvements
UK homeowners are spending more on home improvements than ever before - sacrificing holidays and new cars to fund eco-friendly home improvements