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Four of Indian origin plead guilty in US tax fraud of over $5.5 million
Four of Indian origin plead guilty in US tax fraud of over million
22-year-old man quits corporate job after earning Rs 40,000 as delivery agent
yearold man quits corporate job after earning Rs as delivery agent
97% of Saudi and UAE firms see global expansion scope despite volatility
Dubai: Businesses in Saudi Arabia and the UAE are pressing ahead with international expansion plans despite regional volatility, with 97% saying they still see room to grow globally.Sign up for our daily business newsletter, Cheques & Balances.That confidence is holding even as companies navigate disruption across trade routes and rising uncertainty in the broader geopolitical environment, according to a new HSBC survey.The study, which polled 3,000 firms and institutional investors across ten m...
BP sees ‘exceptional’ oil trading result as Iran war sends crude costs soaring
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Jet fuel shock from Iran war worsens crisis for global airlines
InternationalJet fuel shock from Iran war worsens crisis for global airlinesBy Reuters -Apr 14, 2026Air travel’s worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and Virgin Atlantic flagged a looming supply crunch, with the Iran conflict squeezing fuel supplies. The war has upended routes between Asia and Europe that relied on Gulf hubs, while a doubling of jet fuel prices and tightening of supplies are hit...
Pakistan energy crisis deepens, public anger grows over prolonged power cuts
Pakistan energy crisis deepens public anger grows over prolonged power cuts
UK lottery winners could soon win billions in biggest ever changes to draw
UK lottery winners could soon win billions in biggest ever changes to drawTwo major changes will launch this summer including the chance to enter PowerballCommentsNewsNeil Shaw Assistant Editor (Money and Lifestyle)08:04, 14 Apr 2026Updated 08:04, 14 Apr 2026View 3 ImagesAndria Vidler has announced the changesLottery winners could soon pocket billions of pounds in the biggest ever change to the national draw - with the main draw also set to almost double your chance of winning. Allwyn, operator...
Saudi Arabia Is "Pressing" US To Drop Iran Port Blockade Plan: Report
Saudi Arabia has managed to get its oil exports up by piping its crude across the desert to the Red Sea, while Iran's Hormuz blockade persisted. Riyadh is worried those supplies would be at risk if the Red Sea's exit route were also closed.
New TRACES portal launched: How will it change your TDS filing experience?
New TRACES portal launched How will it change your TDS filing experience
Sponsorship revenue for Uefa’s club competitions set to break €1bn barrier
Sponsorship income due to rise by more than 40%Champions League clubs to benefit from the growthUefa is poised to bring in more than €1bn (£870m) a year in commercial revenues from club competitions from next year, with two more global sponsorship deals close to being agreed.Uefa’s commercial arm, UC3, is finalising agreements with an official payments provider and technology partner, which would complete their roster of premium global partners and see sponsorship income rise by more than 40%. S...
China quietly profits from US AI boom despite Washington’s tech curbs: research
China is gaining from America’s trillion-dollar artificial intelligence spending spree despite Washington’s efforts to curb Chinese technology ties, as the US data centre boom ripples through Asian technology supply chains, according to research by Oxford Economics. Roughly US$2 trillion worth of data-centre projects are planned or under way in the US, according to a report by the consultancy, with as much as three-quarters of the cost tied to equipment such as semiconductors and servers. That.....
Binghatti plans to deliver 15 projects in 2026 worth AED 15 billion - Emirates 24|7
Binghatti plans to deliver 15 projects in 2026 worth AED 15 billion Emirates 24|7
Iranian rial worth billions seized in major Karachi operation
Must ReadPakistanIranian rial worth billions seized in major Karachi operationBy Web Desk-Apr 14, 2026KARACHI: Authorities have foiled a major attempt to smuggle billions of Iranian rials into Karachi and arrested nine members of an inter-provincial gang, including women. According to Senior Superintendent of Police (SSP) Keamari Malik Sanghar, the group was attempting to smuggle approximately 29.69 billion Iranian rials into the city. He said the suspects had concealed the currency inside the t...
Govt hints at Rs1.5 per unit increase in electricity prices
ISLAMABAD: The federal government has indicated a possible increase of around Rs1.5 per unit in electricity prices as Pakistan faces the economic impact of ongoing turmoil in the Middle East. The government has also announced approximately 2.25 hours of daily electricity loadshedding across the country as part of a “peak relief strategy” aimed at preventing a steeper increase of up to Rs6 per unit in power tariffs. Officials said that while efforts are being made to limit the use of expensive fu...
Has Pakistan’s designer lawn bubble finally burst?
Nearly three decades ago, lawn mania took over Pakistan. It was recognised as a natural progression of fashion, with lawn — a pedestrian fabric and a summer essential — being reimagined, fine-tuned and metamorphosing into affordable designer-wear. Designer lawn surfaced and it was comfortable, glamorous and even edgy at times. The economy was changing and this made sense. Internationally, Armani had diffused to Armani Exchange and Alexander McQueen to McQ, and young guns such as Zara and H&M...
LVMH Misses Estimates; Kering, Hermes Set to Report
Luxury goods firm LVMH reported first-quarter organic revenue that missed consensus estimates, driven by the underperformance of its key fashion and leather goods division. Kering and Hermès are also due to report this week, as Bloomberg Opinion's Andrea Felsted explains. Her views are her own. (Source: Bloomberg)
Where are gold prices headed amid US-Iran peace talks failure? Check outlook for today
Gold price prediction today: Gold prices may trade range-bound with a bearish bias as a breakthrough in US-Iran peace talks remains elusive, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.
Honouring his fearless stand: Iran backs Pope Leo after Trump criticism
Honouring his fearless stand Iran backs Pope Leo after Trump criticism
Defence Savings Certificate- New Profit Rates, April 2026
BusinessMust ReadDefence Savings Certificate- New Profit Rates, April 2026By Web Desk-Apr 14, 2026ISLAMABAD: The National Savings has issued new profit rates for Defense Saving Certificates of various denominations. The financial institution has fixed the profit rate at 11.44 percent. The following are the profits that a person can earn on investment of Rs 100,000 until 10 years maturity: First Year: Rs107,000 Second Year: Rs115,000 Third Year: Rs124,000 Fourth Year: Rs135,000 Fifth Year: Rs148,...
More than 300 council employees take home more pay than the Prime Minister
More than 300 council employees take home more pay than the Prime Minister4,733 council employees are now being paid more than £100,000CommentsNewsNeil Shaw Assistant Editor (Money and Lifestyle)07:30, 14 Apr 2026View 2 ImagesPrime Minister Keir Starmer addresses the Labour Conference More than 300 local council employees earned more than the Prime Minister over the last year, an analysis has found. Some 320 council workers across the UK received more than Sir Keir Starmer’s £172,153 official sa...