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China speaks out as Iran war pressures start to hurt its bottom line
NewsWorldMiddle EastChina speaks out as Iran war pressures start to hurt its bottom lineExperts warn a drawn-out Iran war will sap global growth and curb other nations’ ability to absorb Chinese exportsAlisha Rahaman Sarkar Thursday 16 April 2026 12:42 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"...
Renault CEO Says Making Growth in India a Key Priority
Renault CEO Francois Provost discusses the company's engineering transformation and plans for the Indian market. "Now it's time to boost up again outside Europe," Provost tells Bloomberg. "India is my first priority," he adds. The carmaker CEO also discusses engineering transformation, which he calls the company's "biggest challenge." He speaks with Bloomberg's Alisha Sachdev. (Source: Bloomberg)
Silver Rate Today in Pakistan- April 16, 2026
BusinessPakistanSilver Rate Today in Pakistan- April 16, 2026By Web Desk-Apr 16, 2026Karachi, April 16, 2026 – Silver prices in Pakistan have maintained firm upward momentum today, with the chandi ka rate at Rs. 9,002 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates...
Silver Rate Today in Pakistan- April 16, 2026
Karachi, April 16, 2026 – Silver prices in Pakistan have maintained firm upward momentum today, with the chandi ka rate at Rs. 9,002 per tola—demonstrating sustained strength driven by international precious metals trends and active local demand. This performance continues the recent positive pattern, as silver remains highly responsive to global market signals and safe-haven buying interest. Current local rates stand at Rs. 7,716 per 10 grams and Rs. 771.6 per gram, supported by international s...
Malaysia and Australia strike energy supply pledge to bypass Iran war disruptions
Malaysia and Australia pledged on Thursday to keep oil and gas flowing between them as the Iran war’s continuous squeeze on global fuel supplies compels regional countries to deepen energy trade cooperation. Across Asia, governments have been scrambling for alternatives after crude oil and gas shipments from the Middle East were disrupted following Tehran’s move to choke access to the Strait of Hormuz in response to US-Israeli strikes against Iran that began on February 28. The disruption has...
NUQI GOLD and Mawarid Finance sign MoU to launch the GCC's first gold-backed co-branded card
Nuqi Gold, a DMCC-registered fintech entity, and Mawarid Finance, a UAE Central Bank–regulated institution, have signed a Memorandum of Understanding (MOU) to launch the GCC's first gold-backed co-branded card — a landmark step in ethical, asset-backed digital finance.The partnership brings together Nuqi's proprietary digital gold infrastructure, Transguard DMCC's institutional-grade vaulting and insurance, and Mawarid's Shariah-compliant financial expertise to deliver a product built for t...
Wall Street Quants See an Edge in Polymarket Earnings Forecasts
Every quarter, Wall Street’s hordes of analysts engineer financial models, parse alternative data and jostle for access to executives as they attempt to predict company earnings. New research suggests the anonymous bettors on Polymarket might give them a run for their money.
Trump tries economic reset as Republicans fret over high gas prices
LAS VEGAS: U.S. President Donald Trump will look to brush off concerns about the economy and the sagging political prospects of his Republican Party during a campaign-style swing through the battleground states of Nevada and Arizona this week, as the war with Iran pushes gasoline prices higher. Trump is set to use a Thursday stop in Las Vegas to tout his tax and immigration bill that includes campaign promises tailored to court hourly and hospitality workers. But spiking prices nationwide R...
Trump tries economic reset as Republicans fret over high gas prices
InternationalMust ReadTrump tries economic reset as Republicans fret over high gas pricesBy Reuters -Apr 16, 2026LAS VEGAS: U.S. President Donald Trump will look to brush off concerns about the economy and the sagging political prospects of his Republican Party during a campaign-style swing through the battleground states of Nevada and Arizona this week, as the war with Iran pushes gasoline prices higher. Trump is set to use a Thursday stop in Las Vegas to tout his tax and immigration bill tha...
How the UAE is buying gold
Akshaya Tritiya draws its usual crowds in the UAE, with families walking into gold souks and malls with quiet certainty. The festival still carries its weight. This year, the shift is not in sentiment but in behaviour. Buyers are more deliberate, more informed, and more willing to balance emotion with value.John Paul Alukkas, CEO, Joyalukkas JewelleryAcross showrooms, the festive mood holds steady. Customers are browsing, booking and returning to familiar brands. At the same time, their approach...
Hays cuts consultancy staff by 14% in tough recruitment market
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Bondholders Seek Sweeteners as Shapoorji Unit Pushes Extension
Bondholders in a unit of India’s Shapoorji Pallonji Group are asking for compensation after the construction conglomerate sought a two-month extension to repay its debt, according to people familiar with the matter.
TSMC targets over 30% revenue surge in 2026, ramps up capex amid booming AI demand
Taiwan Semiconductor Manufacturing Co (TSMC) expects a revenue surge of more than 30 per cent in 2026 as the world’s largest contract chipmaker “pulls in all equipment” to ramp up supply, as management downplayed the impact of memory price hikes and Middle East tensions. During its first-quarter earnings call on Thursday, company executives voiced optimism for the year ahead anchored by the global AI frenzy, attributing the expected revenue surge to strong demand for artificial intelligence and....
Spain purchased record large gas volume from Russia — newspaper
According to Enagas energy company, Spain purchased the equivalent of 9,807 GWh of LNG from Russia
UK economy surged ahead of Iran war, but energy shock to test resilience
LONDON: Britain’s economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had feared, official figures showed on Thursday. Gross Domestic Product (GDP) expanded 0.5% month-on-month in February, the biggest increase since January 2024, the Office for National Statistics said. Economists polled by Reuters had forecast a much more modest reading of 0.2%. While the figures are likely to cheer UK Finance Mi...
UK economy surged ahead of Iran war, but energy shock to test resilience
InternationalMust ReadUK economy surged ahead of Iran war, but energy shock to test resilienceBy Reuters -Apr 16, 2026LONDON: Britain’s economy put on a burst of growth in February, suggesting it was in slightly better shape before the start of the Iran war than many economists had feared, official figures showed on Thursday. Gross Domestic Product (GDP) expanded 0.5% month-on-month in February, the biggest increase since January 2024, the Office for National Statistics said. Economists polled...
Labour donor revealed to be buyer of Nick Candy's £275million Chelsea mansion
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Bukayo Saka's clever business move paying off as Arsenal star banks millions
Bukayo Saka's clever business move paying off as Arsenal star banks millionsArsenal star Bukayo Saka has banked £2m following a savvy business move earlier on in his careerCommentsSportMatty Hewitt Senior Sport Central Audience Writer 12:02, 16 Apr 2026View 2 ImagesBukayo Saka has banked £2m from a savvy business decision.Arsenal forward Bukayo Saka has banked a whopped £2m after a savvy business move last year. BS7 Rights Limited, Saka's company which is overseen by his parents Adenik...
‘A dollar or two increase is devastating’: US readers on toll of rising gas prices
Guardian readers describe how their lives have been upended by cost hikes stemming from Trump’s Iran warWith the US and Israel’s war on Iran now in its seventh week, with a fragile ceasefire in place since earlier this month, Americans are continuing to feel the effects at the pump as global fuel prices rise.For several readers who spoke to the Guardian, the impact has forced difficult trade-offs – from accessing essential medicines and groceries to facing the brink of homelessness amid an alrea...
Utah passes new law to combat overcharges at dollar stores after Guardian investigation
Investigation of Family Dollar and Dollar General prompts lawmakers to double penalties for retailers that repeatedly charge more at checkout than prices listed on shelvesUtah lawmakers have voted to stiffen penalties on retailers who chronically overcharge customers.The new state law, which takes effect on 6 May, was introduced in direct response to a Guardian investigation of pricing practices at two national chains, Dollar General and Family Dollar, according to an official who oversees the s...