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Karachi Mandi 2026: Commissioner issues major update on cattle market rules
Must ReadPakistanKarachi Mandi 2026: Commissioner issues major update on cattle market rulesBy Rafay Hussain-Apr 16, 2026KARACHI: The Karachi administration has decided to enforce a strict regulatory framework for setting up cattle markets (Karachi Mandi) ahead of Eid-ul-Adha, making it mandatory to obtain official permits. The decision was taken in a meeting chaired by Commissioner Karachi, Syed Hassan Naqvi, with all deputy commissioners and representatives of local government institutions in...
Kering CEO Backs Demna as Creative Director of Gucci (Video)
Kering CEO Luca de Meo discusses the impact of the war in the Middle East on sales, the firm's partnership with ICCF, the Chinese owner of Icicle, and Demna's role as creative director of Gucci. Demna is "one of the greatest of his generation," de Meo says. "He has now in his hands one of the most beautiful brands in the sector, so I'm pretty optimistic that everything will work," he adds. De Meo speaks to Bloomberg's Caroline Connan in Florence, Italy.
Traders Revive Short-Volatility Bets as Peace Hopes Calm Markets
As hopes for a lasting deal between the US and Iran steady markets worldwide, traders are tentatively reviving a range of bets that benefit from falling volatility.
CD&R-Backed Multi-Color Wins Approval of Debt Restructuring
Private equity backed Multi-Color Corp won court approval for a restructuring plan that cuts nearly $4 billion in debt, clearing the way for the label maker to exit Chapter 11 after striking a deal with a dissenting lender group.
Morocco, OPEC Fund Sign €500 Million Development Framework
Agadir – Morocco and the OPEC Fund for International Development have signed a new Country Partnership Framework aimed at supporting the country’s development priorities over the 2026-2028 period. The OPEC Fund is a financial institution established to fund countries beyond its membership. It provides financial support in many areas such as infrastructure, agriculture, health, education, water and climate actions. “With an indicative budget of around 500 million euros over the period 2026-...
Europe risks being left without jet fuel in six weeks — speaker IEA chief
The current situation is the largest "energy crisis", IEA head Fatih Birol noted, stressing that it will lead to the increase in gasoline, gas and electricity prices
اقتصاد در منگنه جنگ و محاصره دریایی؛ دوراهی سخت تهران میان بازسازی و ایستادگی
جمهوری اسلامی پس از هفتهها درگیری نظامی با آمریکا و اسرائیل، اکنون با بحرانی اقتصادی روبهرو است که ابعاد آن گستردهتر از خسارات جنگ ایران و عراق ارزیابی میشود.
Russia’s light industry market exceeds $32.79 bln
According to Russian Minister of Industry and Trade Anton Alikhanov, the key task is to address the issue of raw materials
Mythos Poses Risk to SEC Market-Tracking Database, Group Says
Anthropic PBC’s new artificial intelligence model Mythos could put traders and the broader financial system at risk through a Securities and Exchange Commission database, the American Securities Association said Thursday.
Bank of Russia aims to end five years of high inflation in 2026
The central bank's chief said that inflation forecast for 2026 at 4.5-5.5% takes into account a temporary spike recorded in January this year
Schwab Considering Prediction Markets Linked to Finance Events
Charles Schwab Corp. is likely to launch prediction markets linked to financial events as competitors including Robinhood Markets Inc. expand their presence in the space.
OCP Completes $1.5 Billion Hybrid Bond Issuance on International Markets
Rabat – The OCP Group, Morocco’s giant fertilizer group, has conducted its hybrid bond issuance on global capital markets for a total amount of $1.5 billion. Financial Afrik reported on Wednesday that the Moroccan group has launched Africa’s first hybrid corporate bond issuance in dollars. After engaging in a “series of calls “ with institutional investors. “BNP Paribas, Citi, and J.P. Morgan has been appointed as bookrunners. The operation will involve perpetual subordinated bonds with fl...
Middle East conflict having limited direct impact on inflation in Russia — Central Bank
According to the Central Bank analysts, conflict protraction may increase logistics costs and prices for import and export goods, which is a significant proinflationary risks
‘Power centres are shifting’: PM Modi, Chancellor Stocker move to deepen ties
Stocker, first Austrian chancellor to visit India in 4 decades, leads a 60-member business team, signalling Vienna’s intent to ramp up trade and investment ties| India News
How India managed oil embargo and energy crises of 1973 and 1979
As the US-Israel war against Iran continues to shape global energy security, what lessons do past oil shocks offer for navigating the current situation?
Stock Rally Advances on Iran Ceasefire Hopes, Labor Optimism
Stocks climbed again Thursday morning on a combination of optimism that the US and Iran want to extend a fragile ceasefire in the Middle East and on signs of improvement in the labor market.
Moderate lending growth to support Russian economy in Q2 — Central Bank
The cooldown occurred in the Russian economy in the first quarter of this year, the analysts said
Bank of America Kicks Off Five-Part Investment-Grade Bond Sale
A Bank of America Corp. investment-grade bond sale got underway on Thursday, adding to a bevy of offerings by major Wall Street lenders this week.
Russia's international reserves increased by $7.3 bln in a week to $774.8 bln
As of April 3, the reserves amounted to $767.5 bln
Didn’t file your taxes on time? Here’s what a tax expert says you should do next
If you missed the April 15 tax deadline, the clock is already ticking on penalties and interest — but there are still steps you can take to reduce the damage.Experts say taxpayers should file immediately, even if they can’t pay their full bill, and pay as much as they can to avoid the steepest penalties. Those who still owe can apply for a payment plan to manage the remaining balance.TAX DAY IS THIS WEEK: AVOID THESE 5 COMMON MISTAKES THAT CAN COST YOU MONEYThe IRS says most applicants receive i...