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Banamex Is Selling Global Bonds for First Time Since Citi Sale
Mexico’s Grupo Financiero Banamex is tapping global markets for the first time since Citigroup Inc. started offloading its stake in the bank.
Amazon’s biggest hiring of the year 2026 will be done by Connect Talent: What is it
Amazon is reportedly shifting its hiring strategy towards AI, with its largest recruitment drive in 2026 expected to heavily utilize AI-led interviews via its new Connect Talent platform. This system aims to automate screening, interviews, and note generation for large-scale hiring, including seasonal roles, with minimal human involvement.
BOE Interest-Rate Decision | Special Coverage
The Bank of England left interest rates on hold at 3.75%, with several policymakers saying they might consider future hikes, just as oil prices soared within reach of the central bank’s most pessimistic scenario for the economy. Bloomberg TV brings you Governor Andrew Bailey's press conference live as well as, all the market reaction and analysis in a special program hosted by the Opening Trade team and a range of experts. (Source: Bloomberg)
Australia’s Home Prices Grow at Slowest Pace Since January 2025
Australian home prices rose last month at the slowest pace since January 2025, weighed down by large declines Sydney and Melbourne, as rising borrowing costs hurt demand.
Bill Ackman Bought Pershing Square Shares in First Trading Day
Bill Ackman bought shares of his asset management company and alternative asset manager in the open market on Wednesday, supporting the shares in their debut following a $5 billion combined IPO.
UAE oil output hike won't bridge massive global deficit — expert
The UAE's daily production is projected to reach 5 million barrels by 2027
RBI’s Short Dollar Book Surges Past $100 Billion for First Time
The Indian central bank’s intervention in the derivatives market rose sharply in March with its net short dollar position surging to a record $103 billion.
Remember Parag Agrawal? His new company is now worth Rs 19,020 crore
Remember Parag Agrawal His new company is now worth Rs crore
UAE’s exit from OPEC unlikely to impact global oil prices — Malaysian expert
Professor Jomo Kwame Sundaram said the UAE is now not taking sides with other producing countries, and this affects unity among producing countries to try to work together on influencing oil prices
Fed holds benchmark interest rate steady as Americans face rising inflation
The Federal Reserve on Wednesday held its benchmark interest rate steady for the third consecutive month as the U.S. economy faces rising inflation. Kelly O
Rising household costs ‘will be felt hardest by those already struggling’
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Lawmakers slam Hegseth over Iran war as oil prices skyrocket
Secretary of Defense Pete Hegseth is facing lawmakers on Capitol Hill who have questions about the U.S.-Israeli war in Iran. This comes as global oil prices have skyrocketed amid a prolonged stalemate at the Strait of Hormuz. CBS News' Taurean Small and Ramy Inocencio report.
Russia’s international reserves down $7.8 bln in one week to $771 bln — Central Bank
As of April 17, the country’s reserves totaled $779.5 bln
US economic growth rebounds 2% as consumer spending slows amid Iran war
First quarter output, driven by AI investment and government spending, rose as oil shock fuels inflation fearsUS gross domestic product (GDP) accelerated 2% in the first three months of 2026, though consumer spending is slowing as the war with Iran continues to impact energy prices.The last GDP reading for the fourth quarter of 2025 showed that US economic growth slowed to a 0.5% pace, largely due to a contraction in government spending after massive layoffs of federal workers last year. The fed...
InsuranceMarket.ae recognised Among the 2026 Best Workplaces in the UAE
Great Place to Work, the global authority on workplace culture, has ranked InsuranceMarket.ae among the Best Workplaces in the UAE. This recognition is based on one of the region’s largest employee experience studies, where thousands of employees were surveyed to assess trust, innovation, company values and leadership.This recognition reflects InsuranceMarket.ae’s continued commitment to building a people-first organisation where performance and well-being go hand in hand. With a growing team of...
ECB holds interest rates at 2% as inflation rises
Policymakers warn risks to economy from energy shock driven by Middle East conflict have ‘intensified’
Bond investors brace for ‘volatile’ Fed transition as Powell stays on
Kevin Warsh will be trying to shift central bank’s approach at time of deep division, say fund managers
Slight relief for passengers as Philippines lowers fuel surcharge level
Dubai: Passengers can expect a small reduction in travel costs after the Philippines has declared a slight cut in fuel surcharge levels applied starting this May.The Philippine Civil Aeronautics Board (CAB) has announced that the surcharge will be reduced from level 19 to level 18 for the period of May 1 to May 15, a modest easing in airline-imposed fees that fluctuate with global fuel prices.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Small drop in charge...
Chinese Investment in US Seen Stagnant Even After Xi-Trump Talks
Chinese foreign direct investment in the US is unlikely to rebound meaningfully even if Washington and Beijing restart high-level negotiations that are expected to place such investments on the agenda, according to a new report by Rhodium Group.
US Economy Stays Resilient as GDP Grows 2% in First Quarter
US economic growth accelerated in the first quarter, fueled by solid business and consumer demand, as inflation-adjusted gross domestic product increased an annualized 2% at the start of the year. Michael McKee reports on Bloomberg Television. (Source: Bloomberg)