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Latifa bint Mohammed launches Creative Sector Resilience Portfolio to support Dubai’s creative economy - Emirates 24|7

Latifa bint Mohammed launches Creative Sector Resilience Portfolio to support Dubai’s creative economy  Emirates 24|7

Has the UAE just broken the oil cartel that has been squeezing India for decades?

Has the UAE just broken the oil cartel that has been squeezing India for decades

Pershing Square's Ackman Talks IPO, State of Markets

Pershing Square founder and CEO Bill Ackman discusses the recent IPO of Pershing Square's new closed-end fund and alternative asset manager. Ackman emphasizes that this IPO marks the beginning of a long-term journey, with $5 billion in capital ready to be deployed within weeks. He speaks with Dani Burger on "Bloomberg Deals." (Source: Bloomberg)

Russian stock indices down more than 2% as trading on Moscow Exchange closes

The MOEX Index fell 2.1% to 2,639.82 points, while the dollar-denominated RTS Index dropped 2.35% to 1,110.57 points

Oil Charges Toward $120 With No End in Sight to US-Iran War

Oil surged to the highest since June 2022, with no end in sight to the US-Iran conflict or choked-off energy flows through the Strait of Hormuz, heightening concerns over a rapidly shrinking global supply cushion.

Ackman Says Stocks Above 'Stupidly Cheap' Market Bottom

Pershing Square founder and CEO Bill Ackman says he doesn't see any strategic dislocations in markets during an interview with Dani Burger on "Bloomberg Deals." Ackman’s combined IPO for his closed-end fund and alternative asset manager raised $5 billion. (Source: Bloomberg)

What's the CD account interest rate forecast for May 2026?

MoneyWatch: Managing Your Money What's the CD account interest rate forecast for May 2026? Experts weigh in 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 topics, includ...

In five charts - How UAE's exit could affect Opec's influence over the oil price

In five charts - How UAE's exit could affect Opec's influence over the oil price8 minutes agoShareSaveAdd as preferred on GoogleJemma CrewBusiness reporter ReutersThe United Arab Emirates' plan to ditch the oil producers' group Opec and strike out alone is being viewed as a huge blow for the organisation, with one analyst describing it as "the beginning of the end of Opec".It comes at a time of significant volatility in the oil market, with the US-Israel war with Ir...

ई-कॉमर्स वेबसाइट्स को चूना लगा रहे हैं स्कैमर्स, डिवाइस फार्मिंग का मायाजाल और कंपनियां बेहाल

OpenAI Faces Rising Financial Strain as Growth Slows and Costs Surge

Fez – OpenAI is facing increasing pressure on its financial model after missing key growth targets, raising internal and investor concerns about its ability to sustain the high costs required to build and run advanced artificial intelligence systems. The company has recently failed to meet several of its monthly sales targets for 2026, according to Al Jazeera, citing people familiar with the matter. The shortfall reflects a broader slowdown in user growth and commercial uptake at a time when com...

FEMA's disaster relief fund hits red zone ahead of hurricane season

FEMA's disaster relief fund has dropped below $3 billion, triggering Imminent Needs Funding, which means the agency must limit spending to only the most urgent, life-saving needs amid the partial government shutdown.

Morocco, Portugal to Launch €800 Million Undersea Highway Project

Rabat – International coverage on a possible undersea highway project between Portugal and Morocco is making headlines. OkDiario reported this week that the ambitious project, with a budget exceeding €800 million, has entered a concrete planning phase. Land-based logistics infrastructure and maritime connections support the project which would link Morocco with high-capacity roads north of Tangier. In Portugal, the project will integrate with the Algarve network and the A2 motorway. OkDiar...

FTSE 100 closes lower as drugs firms GSK and AstraZeneca struggle

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Co-op marking commonly-stolen items with forensic spray to track reselling

Wave of measures has helped cut offending in stores by a fifth last year as new retail crime law comes into forceCo-op is secretly marking commonly-stolen items including alcohol and laundry detergents with invisible “forensic spray” to track them, in the latest crackdown on shoplifting as a new law on retail crime kicks in.The grocer is to use the technique, which helps the retailer to identify where stolen items are being resold and report them to the police, across the country after testing i...

Texas border city is filling up with sleek CHINESE cars that are illegal to buy in the United States

Texas border city is filling up with sleek CHINESE cars that are illegal to buy in the United StatesBy SOPHIE GABLE, US REPORTER Published: 17:02, 29 April 2026 | Updated: 17:08, 29 April 2026 e-mail View comments

Big Tech Capex Hits Critical Limit

Big Tech is at a breaking point says John Blackledge, TD Cowen Senior Equity Research Analyst. He joined Bloomberg Open Interest to explain why massive AI spending may have peaked, why AWS and Google Cloud growth could make-or-break these stocks, and how fragile the market has become. With such sky-high expectations, even a small miss could trigger another selloff. (Source: Bloomberg)

Hormuz Crisis Drives Insurance Spike

Shipping through the Strait of Hormuz hasn’t stopped, but the cost of doing it has surged according to Marsh CEO John Doyle. He joined Bloomberg Open Interest to explain how insurers are reacting to geopolitical risk, why premiums may stay high even after tensions ease, and why cyber threats now top his list of concerns in the AI era. (Source: Bloomberg)

Bloomberg Surveillance 4/29/2026

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)

'Shock' for paper firm staff amid closure proposal

'Shock' for paper firm staff amid closure proposalJust nowShareSaveAdd as preferred on GoogleCharlotte CoxSouth WestGoogleThe site has been an employer in Launceston for nearly 60 years Staff have reacted with "shock and disappointment" to the proposed closure of a packaging site which has been a major employer in a Cornish town for nearly 60 years. International paper firm DS Smith has confirmed a "proposal had been made" to close its factory on Link Road in Launce...

Mercedes-Benz among firms to challenge FCA’s car finance compensation scheme

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