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Barefoot Investor Scott Pape's mortgage bombshell for Australians: 'Plan for the worst'
Barefoot Investor Scott Pape's mortgage bombshell for Australians: 'Plan for the worst'READ MORE: Surprising new data shows cash is making a return By MAISY RAE Published: 03:03, 4 May 2026 | Updated: 03:04, 4 May 2026 e-mail View comments
UAE property trends: How traffic is redefining where residents live
Property experts in the UAE highlight that a growing number of residents are choosing to live closer to workplace hubs, as traffic congestion reshapes daily life and housing decisions.For many, the rhythm of work and commute is becoming increasingly exhausting. As traffic levels return to pre-disruption norms, residents say long and unpredictable journeys — common in most global cities — are steadily eating into personal time, prompting a rethink of where they live.According to the Inrix Global...
Oil markets show erratic volatility: WTI slides to $101 as Murban crashes 4% — but some crudes are surging double digits
Oil prices showed mixed but volatile signals on May 4, 2026, amid reports a crude tanker has been attacked was unknown projectiles in the Gulf. Global energy markets are navigating extreme uncertainty fueled by the persistent blockade of the Strait of Hormuz, which has effectively stranded nearly 20 million barrels per day of crude and LNG. As of 10.23am on Monday (May 4, 2026) Brent Crude prices hovered around $107, a slight 0.40% drop from the last trading day, amid fears of a historic su...
Make it in the Emirates summit opens with 5,000 products and SMEs in focus
Abu Dhabi: Make it in the Emirates opens today in Abu Dhabi with a focus on local manufacturing, supply chain readiness, industrial financing and a bigger role for UAE-made products in shops, e-commerce platforms and export markets.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The fifth edition of the UAE’s flagship industrial platform runs from May 4 to 7 at ADNEC Centre Abu Dhabi. It is hosted by the Ministry of Industry and Advanced Technology and organis...
Air India CEO race narrows to 4 names
The race for Air India's CEO position has narrowed to four candidates, including two Indian executives, Nipun Aggarwal and Vinod Kannan, and two expatriates. The airline's board is set to meet soon to make a decision amidst significant financial losses and operational challenges. The delay in appointing a successor to Campbell Wilson is reportedly adding to the airline's ongoing struggles.
Pepperstone's Wu on Opportunities Amid Energy Disruption
Pepperstone Group's Dilin Wu the path of oil is still "pointing to the upside", adding that Korean and Japanese equities are supported by bullish sentiment on AI potential. She describes herself as "cautiously optimistic" on these markets, noting the enduring persistence of risk factors. (Source: Bloomberg)
Fuel prices making wildfire battles more expensive
Aircraft used to fight wildfires are getting more expensive as fuel prices rise. Carter Evans reports.
State pensioners urged to check their contributions as DWP changes rules
The DWP system can be complex for how your state pension works
UK to launch negotiations on taking part in 90-billion-euro loan to Ukraine
The office of UK Prime Minister Keir Starmer also promised that new sanctions against Russian companies would be announced later this week
Passengers dealing with fallout from Spirit shutdown; fuel prices plaguing other airlines
Spirit Airlines' abrupt closure on Saturday has left passengers scrambling. And the skyrocketing fuel prices that helped bring about Spirit's end are wreaking havoc on the rest of the industry. Shanelle Kaul reports.
EV revolution is here — Tesla dominates, China is winning the volume war, Musk wins premium battle
The global electric vehicle market continued its explosive growth in March (2026), with one US brand still ruling global EV sales.March 2026 rankings showed Tesla's unbreakable grip on the top, according to CleanTechnica, citing March 2026 sales data.Tesla's flagship Model Y and Model 3 demonstrated remarkable staying power even as a wave of lower-priced Chinese competitors captured the majority of the top 20 best-selling list. Data compiled by CleanTechnica highlights both the enduring appeal o...
Bajaj Finance, Waaree Engineering & more: Top stocks to watch today
Analysts are bullish on Bajaj Finance, IIFL Finance, and Navin Fluorine, citing strong quarterly results and positive future outlooks. Federal Bank is seen as fairly valued, while Waaree Engineering's revenue beat expectations despite margin concerns. Investors are watching these key companies closely.
GameStop offers to buy eBay for $56bn
GameStop offers to buy eBay for $56bnJust nowShareSaveAdd as preferred on GoogleOsmond ChiaBusiness reporterReuters/Nick ZieminskiVideo game retail chain GamesStop confirmed to the BBC on Sunday that it is making a $56bn (£41bn) unsolicited takeover offer for e-commerce firm eBay.GameStop's chief executive Ryan Cohen told the Wall Street Journal that he sees potential to make eBay a much bigger rival to Amazon, "worth hundreds of billions of dollars".Cohen said his company has bui...
State pension triple lock could face major shake-up
The state pension triple lock - long seen as untouchable - is facing mounting pressure
The Papers: 'No money for new weapons' and 'Cost of pint hits £10'
'No money for new weapons' and 'Cost of pint hits £10'Just nowShareSaveAdd as preferred on GoogleThere's a mix of stories on Monday's front pages. The Daily Telegraph leads with data that shows more than 600,000 households received more in welfare payments than the average worker's salary. The paper says the analysis done by the Conservative Party will provoke calls for overhauling the benefits budget as Prime Minister Sir Keir Starmer faces pressure to cut wel...
Spirit Airlines says it has nearly finished refunding customers after shuttering
Budget airline left thousands stranded on Saturday after ceasing operations amid financial troublesSpirit Airlines shutdown: how to get home and get refundsPolitical blame game begins and passengers left adrift after Spirit ceases operationsSpirit Airlines has almost finished refunding customers for flights abruptly canceled over the weekend as the company folded.The budget airline left thousands of customers and staff stranded after deciding on Saturday to pull the plug on a business that was s...
Welfare pays more than work for 600,000 households in Britain as critics slam £155bn benefits budget
Welfare paid more than work for 600,000 households in Britain as critics have slammed a ballooning £155billion benefits budget.The figures show that 635,218 households were each given more than £32,000 in welfare payouts last year, the average annual salary of a British worker after tax, despite the introduction of a benefits cap. And the new analysis has revealed that 16,000 of those households receive more than £60,000 in welfare.The analysis, conducted by the Conservative Party, is set to bol...
‘My bank account has been frozen’: Shakib reveals condition for B'desh return
Shakib Al Hasan said he is ready to return to Bangladesh and face ongoing legal cases if assured “normal security” and protection from harassment. The former captain, absent from Bangladesh since May 2024, also revealed his bank account has been frozen during investigations. Shakib denied wrongdoing in multiple cases and said authorities have found no evidence against him so far.
GameStop Making $56 Billion Offer to Acquire eBay, WSJ Says
GameStop Corp. will offer $125 in cash and stock per eBay Inc. share in a takeover proposal valued at about $56 billion, the Wall Street Journal reported, citing an interview with GameStop Chief Executive Ryan Cohen.
Amsterdam bans public adverts for meat and fossil fuels
Amsterdam bans public adverts for meat and fossil fuels7 minutes agoShareSaveAdd as preferred on GoogleAnna HolliganBusiness reporter, AmsterdamBBCAdvertisements for meat products, such as beef burgers, have disappeared from Amsterdam's streetsAmsterdam has become the world's first capital city to ban public advertisements for both meat and fossil fuel products. Since 1 May, adverts for burgers, petrol cars and airlines have been stripped from billboards, tram shelters, and metro stati...