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Pakistan weighs spot LNG as Iran war hits supply, ramps up domestic oil and gas
Pakistan is considering buying liquefied natural gas (LNG) on the spot market to offset supply disruptions caused by the Iran war, but would favour government-to-government deals to avoid having to pay steep premiums, Petroleum Minister Ali Pervaiz Malik has told Reuters. Qatar’s force majeure forced Pakistan to make costly spot purchases or find alternative fuels ahead of summer demand. Spot LNG cargoes have surged to $20 to $30 per mmBtu (one million British thermal units) amid the Middle East...
Fed Beige Book Says Iran War Driving New Wave of Uncertainty
US economic activity continued to increase at a slight-to-modest pace across most regions as the war with Iran generated a new wave of uncertainty and higher energy costs, the Federal Reserve reported in its Beige Book survey of regional business contacts. Mike McKee reports. (Source: Bloomberg)
A new Social Security COLA projection may be cause for ‘worry,’ senior group says
If their current projections are right, next year’s cost-of-living adjustment (COLA) for senior citizens receiving Social Security benefits could be cause for “worry,” according to The Senior Citizens League.
Kalshi Expands Commodities Predictions Market on War Volatility
Predictions market platform Kalshi Inc. is boosting its commodities offerings with new contracts for everything from corn and coffee to diesel and natural gas as the war in Iran attracts more traders to the betting trend.
Can Russia be India's oil backstop amid US's Hormuz blockade? What Moscow said
Can Russia be Indias oil backstop amid USs Hormuz blockade What Moscow said
SC Orders PIA to Pay 24 Years of Pension Arrears to Former Employee
PakistanSC Orders PIA to Pay 24 Years of Pension Arrears to Former EmployeeBy Web Desk-Apr 15, 2026ISLAMABAD: The Supreme Court of Pakistan (SC) on Wednesday ordered Pakistan International Airlines (PIA) to pay a former employee his pension arrears spanning 24 years, ARY News reported. A three-member bench of the top court, headed by Justice Shahid Waheed, heard the petition filed by ex-PIA employee Mustafa Ansari. During the proceedings, the petitioner’s counsel informed the court that his clie...
SC Orders PIA to Pay 24 Years of Pension Arrears to Former Employee
ISLAMABAD: The Supreme Court of Pakistan (SC) on Wednesday ordered Pakistan International Airlines (PIA) to pay a former employee his pension arrears spanning 24 years, ARY News reported. A three-member bench of the top court, headed by Justice Shahid Waheed, heard the petition filed by ex-PIA employee Mustafa Ansari. During the proceedings, the petitioner’s counsel informed the court that his client retired under a specific scheme in 2002—nearly 24 years ago. The counsel stated that while other...
Bessent suggests US could see $3 gas between June 20 and September 20
Treasury Secretary Scott Bessent told reporters at the White House press briefing on Wednesday that Americans could start seeing $3 gas prices “sooner rather than later” depending on how negotiations to open Iran’s Strait of Hormuz end up playing out. “It’s bank week here in DC, so I’ve been meeting with a lot of my…
Papa John’s and Pizza Hut edge closer to finding new owners, sources say
Two of America’s most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs and waning consumer demand are undercutting performance, according to five people familiar with the discussions. Papa John’s International and Pizza Hut, owned by Yum Brands are actively negotiating separate deals that could remove each company from the spotlight of public earnings reports and stock exchanges, giving management teams time to re...
Chevron executive has a blunt idea for Americans dealing with high gas prices: ‘People should drive less’
NewsWorldAmericasUS politicsChevron executive has a blunt idea for Americans dealing with high gas prices: ‘People should drive less’The oil executive also suggested turning off light switchesBrendan Rascius in New York Wednesday 15 April 2026 18:58 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"sho...
Bleach: Thousand-Year Blood War final season gets early release date
LifestyleBleach: Thousand-Year Blood War final season gets early release dateBy Web Desk-Apr 15, 2026Time for anime fans to get hyped again as Bleach: Thousand-Year Blood War is finally heading toward its conclusion, and its final chapter is arriving a little sooner than expected. Latest Anime News In a move that will likely excite longtime fans, Viz Media and Fathom Entertainment have confirmed that the opening episodes of the final season, titled The Calamity, will get an early theatrical roll...
More than £1bn pledged for Sudan as humanitarian crisis deepens
Donors exceed funding target at Berlin conference but prospects for ceasefire remain distantMore than £1bn (€1.15bn) has been pledged for war-ravaged Sudan at a conference in Berlin, eclipsing the funding target organisers had set to help mitigate the world’s largest humanitarian crisis.The financial commitments made on Wednesday will also help offset a chronic humanitarian funding shortfall in a country devastated by three years of conflict, where two-thirds of its population – 34m people – req...
Should you lock in a mortgage rate before the April Fed meeting?
MoneyWatch: Managing Your Money Should you lock in a mortgage rate before the April Fed meeting? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com....
Walmart redesigns its ‘Great Value’ private label brand
Walmart said on Wednesday it is redesigning its private-label brand “Great Value” as price-conscious shoppers increasingly opt for cheaper store-brand products. The redesign of the brand, which was launched in 1993, will span almost 10,000 food and consumables items, marking Walmart’s first brand refresh in more than a decade, the retail giant said. The rollout will be phased over two years, beginning with salty snacks and expanding category by category. The new design...
Walmart redesigns its ‘Great Value’ private label brand
BusinessInternationalWalmart redesigns its 'Great Value' private label brandBy Reuters -Apr 15, 2026Walmart said on Wednesday it is redesigning its private-label brand “Great Value” as price-conscious shoppers increasingly opt for cheaper store-brand products. The redesign of the brand, which was launched in 1993, will span almost 10,000 food and consumables items, marking Walmart’s first brand refresh in more than a decade, the retail giant said. The rollout will be phased over...
President Zardari directs all possible efforts be made to minimise loadshedding across country
President Asif Ali Zardari on Wednesday directed that all possible efforts be made to minimise loadshedding across the country, according to a statement issued by the President’s Secretariat. He issued the directive while chairing a meeting on water resource management at Aiwan-i-Sadr, the statement said, adding that the president also addressed the issue of energy shortfalls linked to the regional situation. President Zardari “stressed that any lo...
'They are safe': Dubai official says Iranians still participate in economy
[Editor's Note: Follow Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]Despite the war and the sinful Iranian attacks on the UAE during the US-Israel-Iran war, Iranians living in Dubai are still safe, a senior official in the emirate stressed during the recent Semafor forum in Washington.Asked whether the half a million of Iranians who live in Dubai are welcome in the emirate, Hadi Badri, CEO of Dubai Economic Development C...
Accel raises $5B to back late-stage bets
Accel announced on Tuesday that it raised $5 billion in fresh capital to back late-stage companies. The venture firm told Bloomberg that $4 billion will go to its late-stage Leaders Fund, for which it hopes to cut at least 20 checks, averaging $200 million each. Accel is looking to invest in companies building AI-powered technology, with a focus on software, hardware, robotics, defense tech, and data center infrastructure.
S&P 500 hits new all-time high as investors shrug off Iran war oil price spike
Iran warS&P 500 hits new all-time high as investors shrug off Iran war oil price spikeThe rebound over the past two weeks has been faster than the one following the Covid market crash in 2020 or when tariffs roiled markets in 2025.Listen to this article with a free account00:0000:00Traders work on the floor of the New York Stock Exchange on Monday.Michael M. Santiago / Getty ImagesShareAdd NBC News to GoogleApril 15, 2026, 1:37 PM EDTBy Steve KopackThe S&P 500 hit a new all-time high Wednesd...
BYD shuns price war to build EV brand
InternationalBYD shuns price war to build EV brandBy Reuters -Apr 15, 2026Chinese electric vehicle maker BYD is deliberately avoiding a price war in South Africa as competition ramps up in the continent’s second biggest auto market, its local managing director told Reuters on Wednesday. South Africa has seen a growing influx of new electric, plug-in hybrid, range extender and traditional hybrid car brands, many from China, offering sharply priced vehicles to win market share in an industry st...