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‘How to have financially strong airlines,’ India finally begins to figure out
NEW DELHI: The ongoing West Asia crisis could pave the way for long-awaited reforms for India to have financially viable airlines and a sustainable aviation sector. The Union aviation ministry has “initiated a study on financially stressed airlines in India to assess structural challenges and identify measures to improve sector resilience.” It has asked airlines and other stakeholders to suggest reforms in policy, regulatory affairs, operations, contracts, procurement-related and other areas; th...
Clean Energy Is Outspending Fossil Fuels Nearly Two To One
InnovationSustainabilityClean Energy Is Outspending Fossil Fuels Nearly Two To OneByIngmar Rentzhog,Contributor.Forbes contributors publish independent expert analyses and insights. Ingmar Rentzhog is the CEO and founder of We Don’t Have Time.for We Don’t Have TimeFollow AuthorJun 07, 2026, 01:40pm EDTFossil fuels still dominate the system we have. But increasingly, the world's capital is building the clean system of tomorrow.gettyFor every dollar the world invests in fossil fuels today, it inve...
Opec+ approves fourth oil output quota hike since Hormuz closure
Opec+ agreed on Sunday on a fourth increase in its oil output targets in as many months, even though the US war with Iran is still preventing several of the group’s members from pumping more. The war has cut oil flows via the Strait of Hormuz, creating the world’s biggest-ever supply crisis as key Opec+ members, including Saudi Arabia, have been unable to supply customers in full since the end of February. The crisis for Opec+ deepened when the United Arab Emirates left the Organisation of the P...
Hamilton thankful for 'amazing' Kardashian support
Lewis Hamilton said it was "amazing" to have Kim Kardashian's support at the Monaco Grand Prix as his Ferrari resurgence continued with another second-place finish.
Trump piles pressure on Warsh with call for rate cut
US president raises stakes for central bank pick as expectations grow that borrowing costs will rise
Iranians Sink Into Despair Facing War Deaths and Skyrocketing Inflation
An imploding economy is causing hopelessness among both pro- and anti-government Iranians. And for those who wished for regime change, the letdown is palpable.
Airlines face $100bn hit on jet fuel from Iran energy shock
Industry body warns that profits will be halved by surging energy costs
DIEZ records highest-ever trade at AED 491 billion in 2025 - Emirates 24|7
DIEZ records highest-ever trade at AED 491 billion in 2025 Emirates 24|7
Airlines face profit crash: 2026 earnings nearly halved as fuel shock hits aviation
Global airlines face a profit plunge in 2026, nearly halving earnings to $23 billion due to soaring fuel costs and Middle East conflict disruptions. Despite strong passenger demand and projected record revenues exceeding $1.1 trillion, profitability per passenger is expected to drop significantly. This geopolitical instability and rising operational expenses are reshaping the industry's financial outlook.
Mexico City’s Airport Got a $500 Million Renovation for the 2026 World Cup. Was It Enough?
The nearly 100-year-old airport has undergone a rapid $500 million renovation. But experts say it’s not enough.
Trump says Fed chair should ‘do whatever he wants’ but criticizes possible interest rate hikes
President Donald Trump criticized the possibility of the Federal Reserve raising interest rates, but said in an interview on NBC News’ “Meet the Press” that he wants Fed Chair Kevin Warsh “to do whatever he wants.”“Kevin is fantastic, and I want him to do whatever he wants,” Trump told moderator Kristen Welker.
On The Matter Of Money In Circulation, Economists Are Profound Excess
BusinessPolicyOn The Matter Of Money In Circulation, Economists Are Profound ExcessByJohn Tamny,Contributor.Follow AuthorJun 07, 2026, 10:00am EDTcirca 1969: Still-life of bundles of American paper currency. The bundles include five, ten, twenty, and fifty dollar bills. (Photo by Lambert/Getty Images)Getty Images“You can keep that crap for yourself.” That’s how a beggar in 1920s Germany reacted after a passerby handed him several 100-mark notes. The beggar’s response a little over 100 years ago...
Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’
In an exclusive interview with Meet the Press, President Trump addresses the economy amid the war with Iran and says Federal Reserve Chair Kevin Warsh is “fantastic,” adding, “I want him to do whatever he wants” when it comes to setting interest rates.
100 days into Iran war, Americans face higher prices
On average, US households have spent $750 more in expenses due to the war, hitting middle and lower-income people hard.
Tunnel To Connect Delhi And Noida Airports? Inside Centre's Big Plan
The proposed tunnel will reduce traffic and facilitate faster travel between Noida and Delhi.
Tata Steel says new £1.25bn furnace may be delayed due to electrical issue
Tata Steel says new £1.25bn furnace may be delayed due to electrical issue18 minutes agoShareSaveAdd as preferred on GoogleAndy GourlayBBC WalesReutersThe new electric arc furnace was supposed to be up and running by 2027Plans for a £1.25bn electric steel-making furnace in Port Talbot may be delayed for up to eight months due to problems with electrical connectivity, Tata Steel has warned.The new electric arc furnace was hoped to be up and running by the end of 2027, replacing the traditional bl...
Italian bank BPM proposes €50bn merger with Monte dei Paschi
Planned combination of ‘equals’ is latest attempt at banking consolidation in the country
Keeping the lights on: How India manages its power demand
On May 21, India's power grid hit a number it had never seen before. Demand crossed 270 gigawatts, peaking at 270.73 GW.
Rs 9,49,50,50,00,00,000: Elon Musk's Projected Net Worth And What It Can Buy
A trillion-dollar fortune would be larger than the economies of most countries around the world
Are we at the start of a new investment super-cycle?
AI, clean energy and defence spending are reinforcing each other, amplifying potential spend