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Sri Lanka discloses another missing payment, days after hackers stole $2.5M from its finance ministry

Sri Lanka said on Tuesday that a payment of about $625,000 (about 199.7 million Sri Lankan rupees) to the U.S. Postal Service has been missing for several weeks, after U.S. officials reported that the payment had failed to arrive, reports local media. Authorities detected the incident after hackers allegedly tried to divert another payment intended for India. 

Digital debacle? How Jharkhand treasury scam siphoned off crores

Digital debacle How Jharkhand treasury scam siphoned off crores

US Core Capital Goods Orders Rise by Most in Nearly Six Years

US orders for business equipment saw a sharp rise in March as the value of core capital goods orders jumped 3.3% after an upwardly revised 1.6% advance in February, the most since mid-2020. Michael McKee has a look at today’s economic data on Bloomberg Television. (Source: Bloomberg)

Sharjah launches Dh1,000 instant industrial licence for entrepreneurs, investors

The Sharjah Economic Development Department has announced a new initiative offering instant industrial licenses for just Dh1,000, to encourage entrepreneurs and investors to enter the industrial sector in the emirate.The initiative will be unveiled during the 'Make it in the Emirates' forum, taking place from May 4 to 7, 2026, at the ADNEC Centre Abu Dhabi. It is being launched in collaboration with the Sharjah Foundation to Support Pioneering Entrepreneurs, also known as Ruwad, an organization...

UAE’s OPEC exit to impact US economic interests — Russian senator

The UAE’s departure from OPEC signals that oil prices may fall, which would be unprofitable for the United States, a country that relies on consistently high oil prices as an exporter, Vladimir Dzhabarov said

Woman found guilty of killing sister in London flat and taking her diamond-encrusted Rolex watch

Nancy Pexton, 70, stabbed sister Jennifer Abbott, 69, and left her body to decompose in Camden flat for three daysA woman has been found guilty of murdering her sister by slashing her neck before making off with her diamond-encrusted gold Rolex watch.Nancy Pexton stabbed her sibling Jennifer Abbott 10 times and then left her body for three days in her flat in Camden, north London, a court heard. Continue reading...

DIFC reports strong global client growth in Q1 2026 - Emirates 24|7

DIFC reports strong global client growth in Q1 2026  Emirates 24|7

US gas prices hit $4.23 high as Hormuz fears drive oil surge

Blockade threat in vital strait and Trump’s stance lift crude, pushing pump prices to highest level since 2022Sign up for the Breaking News US email to get newsletter alerts in your inboxAverage US gas prices have hit a new high at $4.23 per gallon, their highest since 2022 and a record since the start of the war with Iran, according to the motor club AAA.The price of Brent crude, the benchmark that influences the price of US gasoline prices, now stands at $114.60 a barrel, up nearly 25% from th...

From Oil To Critical Minerals: The Next Energy Security Risk

InnovationSustainabilityFrom Oil To Critical Minerals: The Next Energy Security RiskByElena Bou,Contributor.Forbes contributors publish independent expert analyses and insights. Elena Bou, Co-Founder, InnoEnergyFollow AuthorApr 29, 2026, 08:40am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.CHONGQING, CHINA - JULY 26: In this photo illustration, metal cubes representing rare earth elements including Neodymium (Nd), Prase...

Nearly two million more higher-rate taxpayers since start of decade

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UAE’s withdrawal from OPEC marks climax of quota dispute with Saudi Arabia

Ahmed Mustafa, the Director of the Cairo-based Asia Center for Studies and Translation, said the rift between Abu Dhabi and Riyadh simmered since 2020

Spirit Airlines Unions Want What Trump Wants: ‘Lend Us Some Money Now’

BusinessAerospace & DefenseSpirit Airlines Unions Want What Trump Wants: ‘Lend Us Some Money Now’ByTed Reed,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Charlotte-based reporter Ted Reed covers airlines and airline labor.Follow AuthorApr 29, 2026, 08:37am EDTApr 29, 2026, 08:41am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.AFA created a composite of working Spirit flight...

Ackman’s $5 Billion Pershing IPO Squeaks Across the Finish Line

Bill Ackman’s Pershing Square is finally going public after years of social media-hyping about building an empire modeled on Warren Buffett’s, and even after raising $5 billion for his vision, the hedge-fund billionaire faces another test.

UK firms in ‘critical financial stress’ jump by a third as costs rise, report finds

Insolvency firm points to tax rises, staff costs and shaky consumer confidence after number increases to 62,193The number of UK businesses in “critical financial distress” has risen by more than a third over the past year, according to insolvency practitioners, as companies contend with a “slew of increased taxes” and the impact of the Middle East conflict.Hospitality and leisure firms have been faring particularly badly because of shaky consumer confidence, and rising taxes and staff costs, acc...

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Oil above $114 raises fresh fuel and airfare worries

Dubai: Oil’s latest rally is putting fuel, freight and airline costs back in focus for consumers and businesses, with Brent crude rising above $114 a barrel on Wednesday after the US-Iran standoff over the Strait of Hormuz showed little sign of easing.Sign up for our daily business newsletter, Cheques & Balances.Gulf energy flows remain constrained, physical supply is tight, and traders are starting to price in the possibility that the blockade around Iranian ports could last longer than initial...

Oil hits $115: Prices surge to highest since 2022 amid Iran tensions

Oil hits Prices surge to highest since amid Iran tensions

Housing estate residents see energy bills frozen

Housing estate residents see energy bills frozenJust nowShareSaveAdd as preferred on GoogleDaniel HollandLocal Democracy Reporting ServiceBBCHomeowners at the Byker Wall previously saw their bills rise to more than £200 a monthResidents of a housing estate have been told their energy bills will be frozen this year.Homeowners at the Byker Wall Estate previously saw their bills top £200 per month for using a district heat network (DHN), which charges a fixed fee rather than one based on the amount...

Is Iran’s oil storage nearly full – and will it have to cut production?

Experts predict Iran could gradually scale back oil production if the US naval blockade of Hormuz persists.

AstraZeneca makes surprise U-turn with £300m pharma investment

Drugmaker had stalled large-scale UK projects but has now pledged investment at two sites, announced by Keir StarmerBritain’s biggest drugmaker AstraZeneca has said it will invest £300m in the UK in a surprise U-turn after pausing large-scale projects last year.The drugmaker had pulled back projects in Britain after becoming disillusioned with the business environment, including the availability of new medicines on the NHS and drug pricing. Continue reading...