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Lufthansa jet fuel update as airline 'in better position than most competitors'

Lufthansa jet fuel update as airline 'in better position than most competitors'The German airline is one of the biggest in EuropeCommentsLifestyleCharlotte Smith Senior Lifestyle Content Editor10:28, 22 Apr 2026View 3 ImagesLufthansa has announced it is cutting 20,000 flights (Image: Getty )Lufthansa has issued a statement after energy bosses claimed Europe has six weeks' supply of jet fuel left. Fatih Birol, executive director of the International Energy Agency (IEA), warned ther...

Hormuz crisis has a new victim, world's largest condom maker eyes 30% hike

Hormuz crisis has a new victim worlds largest condom maker eyes hike

Tech Mahindra Q4 results: Profit jumps 16% YoY, Rs 36/share dividend announced

Tech Mahindra concluded FY26 with a 13.15% rise in net profit to Rs 15,076 crore and a 7.2% revenue increase to Rs 56,815.4 crore, exceeding analyst expectations. The company is accelerating its AI-led transformation, evidenced by record deal wins, and has declared a final dividend of Rs 36 per share.

Lufthansa cuts 20,000 summer flights to save jet fuel costs – What's next for European airlines

Dubai: Lufthansa Group has slashed 20,000 flights from its summer schedule in a bid to cut jet fuel costs as the Iran conflict pushes jet fuel prices sharply higher, the airline announced late Tuesday. The move by the German aviation giant is now setting the tone for what could be a turbulent season for European airlines. Lufthansa said the cuts, largely on short-haul routes, will save more than 40,000 metric tonnes of jet fuel, at a time when prices have more than doubled since the outbreak of...

Which items saw a jump in inflation in March – and where did it ease?

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एक और संकट... बाजार से गायब हुई डाइट कोक, मिडिल ईस्ट युद्ध से कनेक्शन!

Onlookers urged to give walrus spotted in harbour space to rest

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EasyJet explains £49 cancellation rule after passenger asks 'will you help?'

EasyJet explains £49 cancellation rule after passenger asks 'will you help?'The customer raised concern over charges for cancelled flightsCommentsTravelElaine Blackburne Network Content Editor10:13, 22 Apr 2026View 2 ImagesThe passenger said they had made a mistakeEasyJet has set out details of its cancellation rules after a customer asked for help. The budget airline was contacted on x, formerly Twitter, by a passenger who was concerned about a £49 fee charged when bookings are cancel...

UAE fuel prices for May 2026: Will it rise or fall sharply after Iran ceasefire?

Dubai: UAE motorists are unlikely to see a sharp drop in fuel prices in May, even as global oil markets ease from March’s peak.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Crude has pulled back—but not enough to signal a full correction.Brent crude is now trading close to $99.29 per barrel, up 0.82% on the dayUS crude stands at $90.71, rising 1.15%Both benchmarks gained around 3% in the previous session, showing renewed upward pressureThis follows a period...

Gold prices today in Pakistan – April 22, 2026

BusinessGold prices today in Pakistan – April 22, 2026By Web Desk-Apr 22, 2026KARACHI: Gold prices in Pakistan declined on Wednesday, April 22, 2026, tracking a downward trend in the international bullion market amid shifting geopolitical developments. According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola dropped by Rs 1,200 to settle at Rs 498,962, compared to Rs 500,162 in the previous session. Similarly, the price of 10 grams of 24-karat gold...

Car finance compensation scheme faces challenge and delay

Car finance compensation scheme faces challenge and delay8 minutes agoShareSaveAdd as preferred on GoogleKevin PeacheyCost of living correspondentGetty ImagesA consumer group is planning a legal challenge to a scheme designed to compensate millions of drivers who were mis-sold motor finance agreements.Consumer Voice said the City regulator's scheme, which is expected to cost lenders a total of £9.1bn, left "too many people short-changed".Payouts averaging £829 per person were due...

UK firms to face tougher checks on export licences to bolster sanctions on Russia

News follows Guardian report on licence given to British firm exporting machinery to Armenian firm linked to Russian war effortBritish firms will face “much tougher” controls to prevent their goods from reaching Russia via other countries, undermining sanctions and aiding Vladimir Putin’s assault on Ukraine.Under plans to be unveiled on Wednesday, the government will be able to require UK manufacturers to obtain a licence if they want to export to a country suspected of acting as a staging post...

Why Trump’s pick for Fed chair will not bring home the bank for the president

Kevin Warsh, Trump’s ‘central casting’, has a long road ahead of convincing board members to lower interest ratesDonald Trump’s fate is to be frustrated by monetary policy.Even assuming he gets his way and Kevin Warsh succeeds Jerome Powell as chair of the Federal Reserve next month, it is unlikely that the president will finally gain control of the Fed. Continue reading...

The truth behind the gender wage gap myth isn’t what you’ve been told

Certain myths in the public sphere persist, no matter how many times they have been debunked. One of the most enduring in modern life is the myth of the so-called wage gap.  Recent "sky is falling" headlines warn, "Gender pay gap widens to 81 cents: Difference between men and women increases for second year in a row." Sound the alarm!THE AI REVOLUTION THREATENS OFFICE JOBS, BUT REVIVES DEMAND FOR SKILLED TRADESThe truth is, we women are doing just fine, thank you very much.Better than fine, in f...

How the airline industry could be impacted if Spirit Airlines is liquidated

Spirit has not confirmed a liquidation, though it has filed for bankruptcy protection twice. Experts predict rising fuel costs could push the company to close its doors for good. (Image credit: David J. Phillip)

Do you need to file ITR if you over 80? Here's what you should know

Do you need to file ITR if you over Heres what you should know

London council's unsuccessful fight against LTNs to wrack up £278,000 legal bill

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Billionaire investor files fraud lawsuit against Trump crypto venture and claims it’s on ‘verge of collapse’

Justin Sun alleges claims his multi-million dollar investment was secured through fraud and is demanding that his tokens be unfrozen and his voting rights restored in dispute over new governance proposal

Biotech-led boom as 8 China firms flock to Hong Kong’s thriving stock market

Eight mainland China-based companies – five of them biotech firms – passed listing hearings on the Hong Kong stock market in April, clearing the way for them to tap the city’s deep liquidity. The influx, including an AI-driven drug discovery firm, a driverless technology developer and a maker of industrial robots, comes as the China Securities Regulatory Commission (CSRC) has been pushing private firms to list in Hong Kong. The market regulator has required companies that established so-called.....

Energy giants spending millions of dollars on advertising blitz to fight gas export tax, inquiry told

Shell Australia says campaign needed to ‘counter-balance’ claims by levy advocates – but Ed Husic urges industry ‘do not spend millions defending the indefensible’The gas giants are mounting a multi-million dollar advertising campaign to fight against a new export tax, prompting Labor MP Ed Husic to accuse the industry of “defending the indefensible”.Shell Australia is among half-a-dozen oil and gas companies contributing around $1m to an Australian Energy Producers (AEP) campaign that attempts...