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EasyJet chief for southern Europe warns of jet fuel uncertainty in 'three or four weeks' as Iran war hits British holidaymakers
EasyJet chief for southern Europe warns of jet fuel uncertainty in 'three or four weeks' as Iran war hits British holidaymakersBy PERKIN AMALARAJ, FOREIGN NEWS REPORTER Published: 10:28, 20 April 2026 | Updated: 10:31, 20 April 2026 e-mail View comments
West Asia war: Impact of disruptions on global fuel supply, with potential for coal and n-power switch
About 80% of oil and oil products transiting the Strait of Hormuz in 2025 were destined for Asia. The war has significantly affected fuel deliveries, and could force a shift to both conventional and renewable alternatives.
M&S makes major change in stores with more than 20 staple products affected
M&S makes major change in stores with more than 20 staple products affectedThe retailer is aiming to attract 'more family shoppers' by dropping the price of several weekly shop essentials.CommentsMoneyNicola Roy Multimedia content creator10:29, 20 Apr 2026View 3 ImagesM&S shoppers will be able to pick up veg for less (Image: Getty Images)Anyone who shops at Marks and Spencers will know that while the quality of the food is fantastic, it can sometimes carry a higher price tag co...
Emirates NBD extends fee waivers, 0% interest on credit card transfers for UAE customers
Emirates NBD has extended its support scheme to help customers manage their finances with fee waivers.These include one extra month before instalment billing, zero per cent interest on credit card balance transfers, as well as other fee waiver options, according to an email sent to the bank’s clients.The bank, one of the largest in the region, is also introducing a processing fee waiver on all zero per cent instalment plans until June 15, 2026, and a loan deferment fee of Dh100 to be waived unti...
India, South Korea Aim to Double Trade, Deepen Shipbuilding Ties
South Korea and India agreed to deepen cooperation in defense and shipbuilding and to double bilateral trade as both seek stronger ties with reliable regional partners amid escalating Middle East tensions
CFI advances its operations in Egypt with Amr Abdelbaky appointed CEO of CFI Egypt
CFI Financial Group, a globally recognised leader in online trading services, including access to local equity markets, has appointed Amr Abdelbaky as the new CEO of CFI Egypt for Brokerage and Securities and Bonds Trading (CFI Egypt). The move reinforces the Group’s focus on strengthening its local presence and advancing its offering in the Egyptian market.CFI Egypt’s core mission is to provide domestic traders and investors with direct access to the local market. Through the platform, traders...
China presses IMF for quota reform, better surveillance of advanced economies
China’s central bank chief has urged the IMF to serve as a bulwark against “rising unilateralism”, at a time when escalating trade restrictions and an intensified Middle East conflict threaten energy and food security. The International Monetary Fund should “take a clear stand against protectionism and defend multilateralism”, People’s Bank of China governor Pan Gongsheng said in a statement to the fund’s International Monetary and Financial Committee, for its 53rd meeting, held on Thursday and....
PSX plunges over 3,000 points during intraday trade
The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 plunged by over 3,000 points during intraday trade on Monday. The KSE-100 declined by 3,145.02 points or 1.81 per cent to stand at 170,793.99 at 1:39pm from the previous close of 173,939.01 points. The plunge comes as uncertainty surrounds whether a second round of talks between the United States and Iran will take place in Islamabad. Last week, the PSX witnessed a significant recovery amid easing geopolitical tensions in the Middle Eas...
How does a Rs 15,000 intern land a Rs 7.5 crore job at Google?
How does a Rs intern land a Rs crore job at Google
Food stamp work rules don't increase employment, researchers say
HealthWatch Food stamp work rules don't increase employment, researchers say .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-healthwatch.jpg'); } By Taylor Sisk April 20, 2026 / 5:00 AM EDT / KFF Health News Add CBS News on Google DELBARTON, W.Va. — A half-dozen cars had been in the queue for nearly four hours by the time the House of Hope mobile food pantry line began to move. Seventy or so more idled behind them by 11:30 a.m., when the food distribution b...
Israeli Stock Valuations Soar as Investors Bet on Post-War Gains
Israeli stocks are breaking out of a valuation range they were stuck in for almost two decades, with investors paying record multiples to own them on bets the country is poised for a post-war technology-led economic boom.
Top Philippine Property Firm Pauses Luxury Tower on War Fallout
Top Philippine builder Ayala Land Inc. said it’s pausing the development and sale of a high-end residential tower in the nation’s central business district due to the impact of the Middle East conflict.
Should you buy gold now? Here's what this Akshaya Tritiya revealed
Should you buy gold now Heres what this Akshaya Tritiya revealed
Hedge Funds Get 'Gazumped' in New Poaching Strategy
The fight for talent in the hedge-fund industry has reached new extremes, with hedge funders using maneuvers like "gazumping" to grab more money for themselves, resulting in a vicious price spiral. Just how much gazumping is going on is unclear, but recruiters say some traders now are securing pay packages of $50 million or more. Clients end up footing the bill for these practices through opaque "passthrough" fees. Bloomberg's Tom Metcalf reports. (Source: Bloomberg)
'Jet fuel shortage' update as Government 'monitoring fuel supplies and pricing'
'Jet fuel shortage' update as Government 'monitoring fuel supplies and pricing'Parliamentary Under Secretary for Transport Keir Mather has responded to a question about fuel supplies and pricingCommentsTravelAmber O'Connor Money and Lifestyle reporter U35s09:41, 20 Apr 2026View 3 ImagesPassengers have shared concerns over upcoming flights (stock photo)(Image: Getty)Passengers worried about the risk of possible jet fuel shortages have been told there is 'no immediate...
Saudi decision raising Saudisation rates to 60% in marketing and sales roles takes effect
Saudi Arabia’s Ministry of Human Resources and Social Development has begun enforcing new decisions to raise Saudisation rates in marketing and sales professions to 60 per cent, following the end of a grace period for private sector firms.The measures, effective from Sunday, April 19, form part of wider efforts to create more employment opportunities for Saudi men and women across the Kingdom.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The rules apply to p...
Delays, rising costs hit Asia’s trade as Gulf crisis spills beyond oil
Malaysia’s busiest container port has started refusing Middle East-bound cargo unless shipping lines can guarantee prompt pickup, in one of the clearest signs yet that the Gulf crisis is working its way past oil and into the everyday trade that moves across Asia. Longer transit times, missed sailings and sharply higher insurance premiums are now rippling across the region’s logistics chain, with wine, spirits and other time-sensitive goods acting as an early indicator of disruption that analysts...
Dollar Will Continue to Fall in Next Few Months, Barclays Says
Mitul Kotecha, head of foreign exchange and macro strategy Asia at Barclays, discusses the outlook for the dollar. "If our base case of a de-escalation does occur, and we do see a continued de-escalation, we see some sort of move towards a peace deal and an off ramp, then that should continue to put pressure on the dollar," Kotecha tells Bloomberg Television. "But this is a near-term view in the next few months," he adds. "Ultimately, we still like the dollar." (Source: Bloomberg)
Why Hong Kong property recovery sceptics miss the bigger picture
Hong Kong’s real estate market has come a long way in the past year. For a sign of the extent to which its outlook has improved, look no further than the rapid shift in expectations for the growth in house prices this year. As recently as January, Morgan Stanley characterised its prediction of a 10 per cent rise in secondary home values as a non-consensus call. Fast forward to today, and its forecast is in line with those of most other industry experts. The outlook for the city’s office market.....
Earthquake off Japan's north coast prompts tsunami warning
World Major earthquake off Japan's north coast prompts tsunami warning Updated on: April 20, 2026 / 4:47 AM EDT / CBS/AP Add CBS News on Google Tokyo — A powerful earthquake struck off the northern Japanese coast Monday, prompting the Japan Meteorological Agency to issue a tsunami alert in the region.The quake registering a preliminary magnitude of 7.5 occurred off the coast of Sanriku in northern Japan at around 4:53 p.m. (2:53 a.m. Eastern on Sunday), at a depth of about 6 miles below th...