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Govt shields fuel buyers, rules out relief for oil PSUs amid crude spike: Report
Govt shields fuel buyers rules out relief for oil PSUs amid crude spike Report
Montoya demands penalties for drivers disrespecting F1
Speaking on The Chequered Flag Podcast, former Formula 1 driver Juan Pablo Montoya calls for heavy penalties, including fines or race bans, for drivers who disrespect the sport and the championship's direction. Montoya's comments follow Red Bull's Max Verstappen's open criticism of the 2026 F1 regulations.
British Airways faces hefty compensation bill after refuelling mishap at London Heathrow causes flight cancellation
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Shipping bosses nervous over Trump plan to guide vessels from strait of Hormuz
US president gave no details on how operation would work as Iran says it will attack any armed force entering waterwayMiddle East crisis – live updatesThe US has launched an operation to “guide” ships trapped in the Gulf by the Iran war through a southern route of the Strait of Hormuz, even as Tehran insisted that any such transits would have to be coordinated with its armed forces.The scheme was announced as “Project Freedom” on Sunday night by Donald Trump on his social media page, where he po...
Pensioners can save £150 on energy bills in just 16 minutes amid Iran crisis
State pensioners could reduce their energy bills by £150 through a scheme linked to Pension Credit, with applications taking an average of 16 minutes to complete.The Warm Home Discount Scheme will reopen in October 2026, providing eligible households with a one-off discount applied directly to electricity bills.To qualify, pensioners must be receiving Pension Credit, a benefit from the Department for Work and Pensions (DWP) designed to boost incomes for those on lower earnings.Once applied, the...
US Stock Futures Dip on Reports of Increasing Mideast Tension
US stock futures saw volatile early Monday trading with news reports of Iranian missiles hitting a US Navy ship. While those reports cited IRGC-aligned Fars News Agency, a senior US official said that a ship was not hit by Iranian missiles, according to Axios, which helped futures erase some of the earlier losses.
Amex GBT Said to Near Sale to General Catalyst-, Alpha Wave-Backed Long Lake
A startup backed by General Catalyst Partners is in advanced talks to acquire Global Business Travel Group Inc., the travel platform spun out of American Express Co., according to people familiar with the matter.
UAE in talks with US for currency swap line to boost trade, minister says
[Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]The UAE is discussing a currency swap line with the US, its trade minister said on Monday. "We have this discussion and conversation with many, it's part of an elite group that the US is having this swap policy with. They are only having it with five countries," Thani Al Zeyoudi said at a conference in Abu Dhabi."Being part of that group means that tr...
UAE to unveil major domestic investment projects, says Al Zeyoudi
Abu Dhabi: The UAE is preparing to announce major domestic investment projects aimed at strengthening infrastructure, strategic sectors and public-private partnerships, Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, said at the Make it in the Emirates summit in Abu Dhabi.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The comments signal that the next phase of the UAE’s resilience strategy will focus more heavily on investment inside the country...
UK food prices on track to rise by 50% since start of cost of living crisis
Beef and olive oil costs increase the most as climate and energy shocks drive inflation, research suggestsFood prices are on track to be 50% higher in November than at the start of the cost of living crisis in 2021, new research suggests.Climate and energy shocks have driven an almost quadrupling of the pace of food price growth, according to new research from the thinktank Energy and Climate Intelligence Unit (ECIU), with costs rising in five years at about the same rate as they had over the pr...
Geothermal Energy Developer Fervo Seeks $1.33 Billion in US IPO
Fervo Energy Co., a geothermal energy developer, is looking to raise as much as $1.33 billion in a US initial public offering, as more firms seek to capitalize on the growing power demand for data centers.
Sensex, Nifty rise on election boost, gains capped by weak rupee
Sensex Nifty rise on election boost gains capped by weak rupee
KKR-Backed Air Ambulance Firm GMR Seeks $797.9 Million in US IPO
GMR Solutions Inc., an air and ground emergency medical services company, is seeking to raise as much as $797.9 million in a US initial public offering, joining a growing list of healthcare firms seeking to tap investors.
OnePlus announces summer sale, offers 15R, Pad 3, and more at lower prices: Details
OnePlus announces summer sale offers R Pad and more at lower prices Details
Are rising fuel costs and global risks reshaping the aviation sector?
Are rising fuel costs and global risks reshaping the aviation sector
Temperatures to fall this week after the bank holiday
Temperatures to fall this week after the bank holidayImage source, BBC Weather Watchers / JefferzImage caption, A photo from a weather watcher in Hagley, WorcesterByHelen WillettsLead Weather Presenter, Reporting fromBBC Weather CentrePublished1 hour agoAfter last week's warmth, the first full week of May is set to see temperatures tumble across the UK.Temperatures peaked around 25C (77F) in parts of England on Friday, but this week is shaping up to be noticeably cooler.There is a mixed for...
'Focus not just on recovery': UAE plans strategy to stay ahead of global shocks
[Editor's Note: Follow the Khaleej Times live blog for the latest regional developments with the US-Israel-Iran ceasefire now in effect.]Two months into heightened regional disruption, the UAE is leaning on decades of strategic planning, infrastructure investment and policy agility to safeguard supply chains and maintain strong economic momentum, senior officials said during a high-level panel discussion.Speaking at the session moderated by Hadley Gamble, Suhail Mohamed Al Mazrouei, UA...
Henko Weighs Stake Sale in Portuguese Engineering Firm Quadrante
Henko Partners is exploring the sale of its minority stake in Quadrante, a deal that could value the Portuguese engineering and environmental consultancy at more than €300 million ($352 million), according to people familiar with the matter.
Tanker carrying Russian oil bought by Japanese company Taiyo Oil arrives in Japan
Earlier, a TASS correspondent found out that amid the situation surrounding Iran and the closure of the Strait of Hormuz, Japan purchased its first cargo of Russian oil in almost a year
Bank of America Didn’t ‘Wall-Cross’ Segantii Before Esprit Block
Bank of America Corp. traders working on a 2017 block sale in the shares of fashion retailer Esprit Holdings Ltd. didn’t “wall-cross” Segantii Capital Management before disclosing some information about the potential deal, Hong Kong prosecutors said on Monday.