اقتصاد

Kevin Warsh set to testify that the Fed will remain "strictly independent"

MoneyWatch Kevin Warsh set to testify that the Federal Reserve will remain "strictly independent" .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Repor...

Royal Mail plans to invest $675 million to fuel service improvement 

BusinessInternationalRoyal Mail plans to invest $675 million to fuel service improvement By Reuters -Apr 21, 2026Royal Mail has pledged to invest 500 million pounds ($675.25 million) over the next five years as ​part of its universal service improvement plan to better ‌cater to customers, parent company International Distribution Services said on Tuesday. The investment will be funded by savings from reforms to the postal services operator’s ​Universal Service Obligation approved by regulator Of...

SpaceX executive earned $85 million in a year, outearned founder Elon Musk

SpaceX executive earned million in a year outearned founder Elon Musk

Conflict around Iran causes the largest oil crisis in history — IEA chief

According to Fatih Birol, the crisis will affect developing economies most

German Pension VBL Shifts €7 Billion Housing Portfolio Into Fund

German public-sector pension fund Versorgungsanstalt des Bundes und der Länder, or VBL, is transferring its residential property portfolio worth around €7 billion ($8.2 billion) into a new fund structure.

Revolut eyes valuation of up to $200B in eventual IPO

British neobank Revolut seems to be eyeing a major valuation bump when it eventually goes public. The company is targeting a market cap between $150 billion and $200 billion in an initial public offering, the Financial Times reported on Tuesday, citing anonymous investor sources. The fintech giant, which secured a full banking license in the United Kingdom in March after years of waiting, was most recently valued at $75 billion, up from $45 billion in 2024, in a secondary share sale that made it...

Pakistan Steel Mills hit by massive organized theft scandal

Must ReadPakistanPakistan Steel Mills hit by massive organized theft scandalBy Web Desk-Apr 21, 2026KARACHI: A major corruption and theft scandal has surfaced at Pakistan Steel Mills, involving the alleged embezzlement of machinery, cables, and scrap worth billions of rupees, ARY News reported. The probe was initiated by the Federal Investigation Agency (FIA) following a formal complaint by the Ministry of Industries and Production. According to investigators, valuable equipment and materials we...

Absolutely no shortage! IOCL assures sufficient supply of petrol, diesel amid Middle East crisis

Indian Oil Corporation Limited (IOCL) assures stable petrol and diesel supplies despite Middle East conflict, holding sufficient reserves for 12-16 days. While LPG delivery timelines have stretched to six days due to increased bookings, domestic refineries meet nearly 80% of Punjab's demand, with coordinated efforts ensuring uninterrupted fuel availability.

Billionaire Fredriksen’s Firm Faces $1 Billion Claim After Failed Fraud Trial

Two former executives at billionaire John Fredriksen’s oil trading firm sued for about $1 billion in over allegations that the shipping tycoon’s failed “vindictive” lawsuit brought them to the “brink of financial ruin.”

UK moves to weaken link between electricity and gas prices

InternationalUK moves to weaken link between electricity and gas pricesBy Reuters -Apr 21, 2026UK set out plans to try to ​weaken the link between its ‌cost of electricity and volatile gas prices on Tuesday, ​saying it would ​seek to force older renewable ⁠energy generators onto fixed ​contracts in a bid to ​bring down consumer bills. The government said voluntary long-term fixed contracts ​would be offered to ​existing low-carbon generators not on fixed ‌prices ⁠so they were not being paid the...

Iran War Will Drive Gulf Petrodollar Capital Flight To…Hollywood

BusinessEnergyIran War Will Drive Gulf Petrodollar Capital Flight To…HollywoodByAriel Cohen,Contributor.Forbes contributors publish independent expert analyses and insights. Ariel Cohen is a D.C.-based contributor who covers energy and securityFollow AuthorApr 21, 2026, 09:30am EDTProlific Saudi Investor Prince Khaled bin Alwaleed bin Talal marks the USD 450 million listing with a bell-ringing ceremony at Nasdaq Dubai, highlighting the strong ties with Dubai Financial Market (DFM) (Photo by Anus...

किल्लत होते ही भेजा दोगुना तेल... यूएई-सऊदी के टैंकर होर्मुज में रुके तो भारत का सहारा बना रूस

Indian Railways: From an aging colonial relic to a powerful engine of growth

The transformation of Indian Railways is unfolding on two fronts. The first is a revolution in passenger experience, and the second is the modernisation of freight movement and industrial efficiency. How do these measures ensure that India’s oldest infrastructure remains a powerful engine of growth?

Reform making ‘fake promises based on fantasy economics’, union boss warns

[{"id":1279420,"path":"/news/london/tube-strikes-latest-tfl-rmt-london-underground-overground-trains-b1279420.html","title":"Tube strike LIVE: London Underground network crippled as RMT walkout gets under way","imageUrl":"https://static.standard.co.uk/2026/04/21/11/2272354906.jpg","standfirst":"24-hour walkout begins at midday throwing travel plans of Londoners into disarray"},{"id":1279427,"path":"/news/politics/london-labour-charged-investigation-vote-rigging-croydon-east-b1279427.html","title...

Trump Says He’ll Be Disappointed If Warsh Doesn’t Cut Rates Right Away—Ahead Of His Fed Chair Pick’s Hearing

BreakingInnovationTrump Says He’ll Be Disappointed If Warsh Doesn’t Cut Rates Right Away—Ahead Of His Fed Chair Pick’s HearingByAlicia Park,Fellow. I cover tech and innovation.Follow AuthorApr 21, 2026, 09:22am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.ToplinePresident Donald Trump told CNBC he will be disappointed if Kevin Warsh, his pick to replace Federal Reserve Chair Jerome Powell, does not cut rates as soon as...

Silver Rate in Pakistan Today – April 21, 2026

BusinessPakistanSilver Rate in Pakistan Today – April 21, 2026By Web Desk-Apr 21, 2026Karachi, April 21, 2026 – Silver prices in Pakistan declined on Tuesday, tracking a broad pullback in the global precious metals market. According to data from the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA) and local Karachi market reports, the silver rate per tola fell by Rs. 59 to settle at Rs. 8,358, while the price per 10 grams declined by Rs. 51 to reach Rs. 7,165. The dip in the domestic...

All the alternative routes for Middle East oil and gas to bypass the Strait of Hormuz

NewsWorldMiddle EastAll the alternative routes for Middle East oil and gas to bypass the Strait of HormuzThe Strait is considered the world's most important oil chokepoint – but there are other optionsNerijus Adomaitis Tuesday 21 April 2026 14:15 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBo...

Rs 300-Crore Alleged 'Chana Dal' Scam Hits Darjeeling Hills Ahead Of Bengal Polls

The controversy erupted after the Indian Gorkha Janshakti Front (IGJF) publicly accused the GTA of failing to account for a large consignment of chana dal sanctioned under a central government initiative.

Economist Justin Lin urges West to adopt ‘Eastern wisdom’ as China moves up value chain

The West’s narrative of Chinese “overcapacity” is a double standard, said a former chief economist of the World Bank as he urged advanced economies to draw on “Eastern wisdom” rather than protectionism to navigate the rise of hi-tech competition. Justin Lin Yifu, a prominent advocate of Beijing’s industrial policy, dismissed claims that China’s auto-export surge was a sign of industrial imbalance. Speaking at Hong Kong Chu Hai College, Lin drew a contrast with Germany to expose a logical...

Iran threatens to block SECOND major oil strait as 'Gate of Tears' sparks cost of living fears

Iran threatens to block SECOND major oil strait as 'Gate of Tears' sparks cost of living fearsIran, which is yet to complete talks with US negotiators, is holding another card it could use to further disrupt the global economy if Islamabad talks turn sourCommentsNewsChris Hughes Defence and Security Editor and Liam Doyle13:54, 21 Apr 2026Updated 13:55, 21 Apr 2026View 4 ImagesYemeni soldiers, who are aligned with Iran, could shut down the strategic Bab el-Mandeb Strait(Image: AP)Cost o...