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Trump Extends Sanctions Exemption on Some Russian Oil as High Gas Prices Persist
The Trump administration made the announcement hours after Iran said that the Strait of Hormuz was open to commercial ships.
Allahabad HC allows BJP member’s plea for investigation into Rahul Gandhi’s citizenship
The petitioner had alleged that Gandhi holds a dual citizenship and has allegedly “forged and manipulated multiple passports, concealed by the Indian government”
17 banks get govt nod to import bullion
The delay in the issuance of the list of banks authorised to import gold and silver had “effectively halted gold imports” into the country, Madhavi Arora, Chief Economist at Emkay Global Financial Services, said.
Indian refiners purchase Iranian oil, pay in yuan
India Business News: New Delhi: Using the one-month window provided by a temporary US sanctions waiver, Indian refiners purchased Iranian oil and settled payments in Chine.
Shock therapy: war forces oil-addicted Asia to finally go green
The age of cheap oil is over and Thailand’s rooftops are reflecting that fact. Across homes, garages and warehouses in the sun-drenched kingdom, the blue-black sheen of solar panels is spreading, as the Iran war has done what years of climate summits could not: turn solar power into a necessity. Demand for solar panels has swamped companies like Wayso, whose managing director is colouring in Thailand’s rooftops as fast as he can find technicians to do it. “We can’t hire quickly enough,” Suwat...
Blue Owl Co-CEOs’ Personal Loans No Longer Backed by Firm Shares
Blue Owl Capital Inc. Co-Chief Executive Officers Doug Ostrover and Marc Lipschultz have revised the terms of personal loans to remove the company’s shares as collateral, after turmoil in the private credit market hammered the stock’s value in recent months.
Geothermal Power Firm Fervo Energy Files for IPO
Fervo Energy Co. filed for an initial public offering, disclosing wider losses as it plans to start generating power from its first geothermal project in Utah later this year.
KKR-Backed Emergency Services Firm GMR Files for US IPO
GMR Solutions Inc., the KKR & Co.-backed air and ground emergency medical services company, filed for a US initial public offering as it joins a growing list of firms seeking to tap investors.
Live Nation Inks $742 Million of Private Debt Tied to Venues
Live Nation Entertainment Inc. has borrowed about €630 million ($742 million) in the private debt market to help finance its global investment in concert venues, people with knowledge of the matter said.
Morocco Faces Rising Economic Pressure as Middle East War Drives Regional Slowdown
Casablanca – As war disrupts energy flows and trade routes across the Middle East, Morocco finds itself in a more nuanced position than much of the region. The country is cushioned in part by its structure as an energy importer but still exposed to mounting external pressures, according to the IMF’s latest regional outlook. Since it began on February 28, the conflict has quickly moved beyond a localized shock. The near halt of traffic through the Strait of Hormuz, combined with damage to oil an...
EBRD Backs Landmark Casablanca-Settat Bond Issue with MAD 400 Million Investment
Tetouan – The European Bank for Reconstruction and Development has invested MAD 400 million in a landmark bond issued by the Casablanca-Settat region, marking the first time a Moroccan region has tapped capital markets through a public bond offering. The issuance, valued at MAD 1 billion and denominated in Moroccan dirhams, was carried out on the domestic market to finance key infrastructure and development projects under the region’s 2022–2027 development plan. It reflects a broader strategy t...
IMF, World Bank Navigate Economic Fallout From Iran War
With the world facing a potential new economic crisis, the mood at this week’s IMF-World Bank meetings is decidedly dour. Bloomberg Economics’ Stephanie Flanders and Shawn Donnan join David Gura to discuss on the Big Take podcast. (Source: Bloomberg)
Lutnick blasts Canada on trade: ‘They suck’
Commerce Secretary Howard Lutnick blasted Canada’s trade strategy, stating “they suck,” during Semafor’s World Economy Summit on Friday.   “That is the worst strategy I’ve ever heard,” Lutnick told Semafor’s Ben Smith, referring to a suggestion from Canada’s former trade chief that the country could benefit from slow-walking trade negotiations with the U.S. amid mounting political…
Morocco, Ecuador Move Toward Deeper Trade and Investment Partnership
Tetouan – Morocco and Ecuador have launched discussions on expanding trade and investment ties, following a high-level visit to Rabat by Ecuador’s Minister of Foreign Affairs and Human Mobility, Gabriela Sommerfeld. The visit, which included a large economic delegation representing the Ecuadorian Federation of Exporters (FEDEXPOR), signals a growing interest from both countries in strengthening commercial links and fostering private-sector cooperation. Morocco’s Foreign Minister Nasser Bourita...
Pakistan’s Army Chief Takes Spotlight in US-Iran Peace Talks
Pakistan has emerged as the unlikely facilitator of US-Iran peace negotiations, and with the prospect of additional talks looming, the man at the center of those efforts is the country’s army chief. Field Marshal Asim Munir, who has positioned himself as the most powerful man in Pakistan, is the favored interlocutor between Washington and Tehran as the warring nations weigh whether to extend their two-week ceasefire due to expire next week. Mishal Husain, Host of the 'The Mishal Husain Show' jo...
Trump Says Iran Will Suspend Nuclear Program as Hormuz Reopens
President Donald Trump said Iran has agreed to suspend its nuclear program indefinitely, fueling optimism that a deal to end their war is in reach after Tehran announced the Strait of Hormuz was open again. In a Friday phone interview, Trump asserted that any moratorium on Iran’s nuclear activities would not expire, saying it would be “unlimited.” Talks over a lasting agreement will “probably” be held this weekend, the president said. Spencer Faragasso, Institute for Science and International S...
S&P 500 Closes at Record High | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Wall Street Rushes to Price Out War Damage as Stocks Hit Records
Traders spent this week betting that the US conflict with Iran is all but over — driving stocks to records, dumping the dollar and pushing oil to around $90 a barrel.
Lutnick tells Canada ‘they suck’ and vows to wind back trade deal with US
Fraught talks set to resume to end dispute that is costing America more than a billion dollars a month
Pakistan has successfully returned to international capital market: FM Aurangzeb
PakistanPakistan has successfully returned to international capital market: FM AurangzebBy Web Desk-Apr 18, 2026Federal Minister for Finance and Revenue of Pakistan, Senator Muhammad Aurangzeb, briefed Pakistani media representatives based in Washington, D.C. on Pakistan’s evolving economic outlook, progress on reforms, and outcomes of his engagements during the World Bank-IMF Spring Meetings 2026. The interaction was also attended by the Governor of the State Bank of Pakistan, Jameel Ahmad, and...