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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...
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...
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...
20 years of ‘exploitative’ terms: Orissa High Court slams UCO Bank for denying regularisation to its long serving sweeper
While slamming UCO Bank, the Orissa High Court noted that denial of regularisation would entail arbitrariness, rendering social injustice, and offending provisions of Article 14 and Article 38 of Constitution of India.
German Companies Increasingly Favor Asia Over US Investments
Fewer German companies are investing in the US due to President Donald Trump’s trade tariffs and instead shift their focus to China and other Asian countries, according to a survey by industry lobby group DIHK.
Azerbaijan-Russia trade falls 1.9 times in Q1
In January-March 2025, trade turnover between the two countries amounted to $1.431 bln
Where to buy the best mangoes in India: Top 10 markets
Where to buy the best mangoes in India Top markets
EDP Freezes Three US Wind Projects Over Trump-Era Policy Risks
EDP SA has paused three US wind projects due to limited policy visibility under the Trump administration, underscoring how regulatory uncertainty is weighing on renewable energy investment decisions.
Oil Futures Expecting Iran War Resolution, Hormuz Reopening
Oil contracts remain about a third higher than before the war with Iran but are well below peaks seen in the opening weeks of the conflict. Will Kennedy examines the oil futures curve and physical pricing of barrels on Bloomberg Television. (Source: Bloomberg)
Economist warns thousands of Virginia jobs at risk after minimum wage hike signed by Spanberger
An economist is warning that Virginia’s recent minimum wage mandate won’t help the state with affordability as it is intended and could lead to thousands of jobs being cut."I think something that we've seen in coverage of this bill and how this law in Virginia was that this is something that needed to be done to improve affordability for Virginians," Rebekah Paxton, the research director of the conservative Employment Policies Institute, told Fox News Digital on Wednesday.Paxton explained during...
Investors Aren’t Buying Into Policymakers’ Gloom
Officials gathered in Washington say markets are too buoyant.
Renault reveals future plan for India, targets 5% market share
Renault reveals future plan for India targets market share
Iran War: US & Tehran Weigh Longer Truce, Oil Stabilizes | The Opening Trade 4/16/2026
The US and Iran are considering a two-week ceasefire extension, according to a person familiar with the matter, who asked not to be identified discussing sensitive matters. Neither side desires restarting fighting, said another person familiar with the discussions, with the war having devastated Iran’s infrastructure and sent energy prices soaring, including in the US. Market expectations for a lengthening of the truce and an eventual formal end to the war have risen in the past two days, with...
Fez Building Collapse: Investigation Into 21 Suspects Over Serious Violations
Rabat – Morocco’s public prosecutor has requested a judicial investigation into 21 people in connection with the collapse of two residential buildings in Fez after authorities identified serious violations. The tragedy, which happened in December 2025, claimed the lives of 22 people and injured 16 others. The incident deeply shook the city of Fez and much of Morocco. The King’s Prosecutor at the Court of Appeal in Fez said in a statement that the decision follows an earlier inquiry by the...
The Pros and Cons of a Pennsylvania Data Center
The Pros and Cons of a Pennsylvania Data Center (Source: Bloomberg)
UAE investors pile into gold, oil, leaving crypto behind
Dubai: Retail investors in the UAE are turning towards commodities, with gold and oil emerging as the preferred assets in a period marked by geopolitical tension and market volatility.Sign up for our daily business newsletter, Cheques & Balances.Fresh data from eToro’s latest UAE Retail Investor Beat shows commodities have overtaken crypto to become the most widely held asset class among local investors, reflecting a growing preference for tangible assets that respond directly to global events.G...
Trump wants to ‘rewire’ global oil away from Hormuz – expert (VIDEO)
Output drops of around 25% are expected as the US aims to shift energy flows, Tom Luongo has said US President Donald Trump is making “a big move towards controlling the marginal barrel of oil,” attempting to shift the world’s energy focus from the Persian Gulf region to the Gulf of Mexico, “where oil tankers are now lining up,” geopolitical analyst Tom Luongo told RT in an interview on Wednesday. A sharp drop in OPEC oil production is an...
Barclays Analyst Sees Extreme Pricing for Physical Oil
Lydia Rainforth, European energy and energy transition research head at Barclays, discusses energy markets as oil steadies on signs the US and Iran may extend a ceasefire and restart talks to end the war. "We've lost 10 million barrels a day of supply," Rainforth tells Bloomberg Television. "That sort of scale that I don't think the markets are pricing," she adds. (Source: Bloomberg)
Russia cuts pipeline gas supplies to Turkey by 27% in January — February
According to the regulator, in February Turkey imported a total of 1.09 bln cubic meters of gas from Russia via the TurkStream and Blue Stream pipelines
Inside OpenMacro: How One of Europe’s Youngest Fund Management Teams is Democratizing Institutional Macro Intelligence
Casablanca – For decades, macroeconomic and quantitative investment research has operated as a closed system. Only the largest financial institutions had the resources to connect macroeconomic variables — labor markets, inflation, liquidity, and monetary policy — to asset behavior using advanced mathematical models. The cost of proprietary data, the need for PhD-level research teams, and opaque fund structures kept this layer of intelligence firmly out of reach for most investors. That system is...