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India Says PE Investments Before 2017 Won’t Face Extra Tax

Buyout firms sitting on billions of dollars of legacy assets in India got some relief this week, when the country’s finance ministry said it won’t apply anti-tax avoidance laws to investments made before April 1, 2017.

The oil industry is betting big on plastics. Here's what that means for the future

Journalist Beth Gardiner says the fossil fuel industry is increasingly reliant upon plastic products. Her book is Plastic Inc.: The Secret History and Shocking Future of Big Oil's Biggest Bet.

UK food inflation ‘could hit 9% this year’ as Iran war drives up energy prices

Even if cargo route of strait of Hormuz reopens soon, Food and Drink Federation almost triples earlier forecastBusiness live – latest updatesFood inflation could hit 9% in the UK this year, even if the strait of Hormuz opens within the next few weeks, figures suggest, as the war in Iran pushes up en...

Extent of Crude Slump is Key for Stocks and Bonds: 3-Minutes MLIV

Anna Edwards, Lizzy Burden and Adam Linton break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." (Source: Bloomberg)

Middle East war could drive UK food inflation to 9% this year, trade body warns

The Food and Drink Federation hiked its inflation forecast for the year in light of the conflict.

$340 bn Anthropic that wiped trillions from stock market has source code of its tool leaked

AI firm Anthropic suffered a significant source code leak of its Claude Code agent, exposing unreleased features like an always-on AI and a pet system. This marks the third such incident for the company, which is reportedly preparing for a massive $380 billion IPO. The leak offers a rare glimpse int...

Javier Blas on Why Oil Could Go Much, Much Higher

Understanding the global crisis.

Odd Lots: Blas on Why Oil Could Go Much, Much Higher (Podcast)

German Growth Forecast Cut in Half on Iran War, Advisers Say

Germany’s economy will grow at less than half the pace expected just a few months ago due to the conflict in the Middle East, according to the country’s leading research institutes.

DawnMedia, CVF-V20 partner to accelerate climate investment

KARACHI: The Climate Vulnerable Forum and the Vulnerable Twenty Group of Finance Ministers (CVF-V20) Secretariat and DawnMedia, led by Breathe Pakistan, the flagship climate change awareness initiative, have signed a memorandum of understanding (MoU) to collaborate on advancing climate action, inves...

US Allows Kazakhstan to Continue Transit of Russian Oil to China

The US administration will allow Kazakhstan to continue transiting Russian pipeline crude to China until next March, according to the Central Asian nation’s energy ministry.

Gilts and European Bonds Surge as Oil Drops on Iran War Optimism

UK and European government bonds surged, sending yields tumbling, as oil prices slumped on hopes that the Iran war may end in the coming few weeks.

Nigeria Weighs $5 Billion Swap Deal With UAE Bank as Costs Rise

Nigeria plans to raise $5 billion from the United Arab Emirates’ largest lender in a derivatives deal to cut borrowing costs, joining a growing number of African nations using the instruments as the war in Iran drives yields higher.

Schroders Sees Ongoing Need for Commodities Exposure

Remi Olu-Pitan, multi-asset growth and income head at Schroders, discusses the outlook for stocks, bonds and commodities after President Donald Trump again signaled the potential end to the Iran war that’s roiled markets. "We are in an environment of heightened geopolitical risk," Olu-Pitan tells Bl...

BP’s new chief promises ‘clear direction’ after turbulent year

Meg O’Neill’s first message to staff pledges improved performance in difficult geopolitical environment

Rosneft refines 75.7 mln tons of oil, sells 40.3 mln tons of fuel in Russia in 2025

The company named sustainable supply of high-quality motor fuel to Russian consumers one of its main priorities

FTSE 100 Live 01 April: Index set for strong start, oil price above $100

Iranian missile hit oil tanker in Qatari waters, Qatar says

Three cruise missiles targeted the oil tanker, two intercepted

Oil Slides Below $100 on Optimism Over Iran War Resolution

Oil tumbled after President Donald Trump again signaled a potential end to the Iran war, even as the Strait of Hormuz remains largely closed and more US troops head to the region.

South Korean restaurants struggle to survive as global oil prices eat into profits

Kim Bong-hwan, who runs a barbecue restaurant in Myeong-dong in central Seoul, is feeling the brunt of rising costs, with wholesale beef prices climbing from about 28,000 won (US$18) per kilogram to more than 40,000 won in recent weeks. “Everything’s going up – beef, pork, eggs, vegetables and even...