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Czech energy group hints at combined bid for British Steel and Speciality Steel UK

Exclusive: Sev.en Global Investments could turn state-owned businesses into Britain’s biggest steelmakerBusiness live – latest updatesThe owner of the UK’s largest electric steelworks has said the government should find a single buyer for British Steel and Speciality Steel UK (SSUK), a move that would create the country’s biggest steelmaker.Sev.en Global Investments, owned by the Czech billionaire Pavel Tykač, said it not only plans to invest £100m in the UK – mainly in the electric arc steelwor...

Dubai airline refund rules: How to get your money back

Dubai: Dubai has introduced new rules that give passengers flying through the emirate clearer rights and stronger protections, particularly when flights are delayed, disrupted, or cancelled.On April 28, the Dubai Civil Aviation Authority (DCAA) launched the Aviation Consumer Welfare Directive, a formal framework that sets out the rights and responsibilities of passengers, airlines, and licensed travel agents. The directive applies to Dubai-based national carriers and their subsidiaries and code-...

Warnings of a fresh surge in youth unemployment as Green Party pledges to bring in a £15 per hour minimum wage for ALL ages

Warnings of a fresh surge in youth unemployment as Green Party pledges to bring in a £15 per hour minimum wage for ALL agesBy GREG HEFFER, POLITICAL CORRESPONDENT Published: 13:51, 1 May 2026 | Updated: 13:53, 1 May 2026 e-mail View comments

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FCA faces four lawsuits over £9.1bn compensation scheme for car loan victims

Watchdog says legal challenges from Consumer Voice and three lenders ‘create fresh uncertainty for millions of consumers’Business live – latest updatesThe UK financial watchdog is facing four legal challenges against its £9.1bn compensation scheme for victims of the motor finance scandal.The Financial Conduct Authority (FCA) said that it will defend the scheme “robustly” as the “fastest, simplest route for consumers and the most efficient way for firms to put things right”. Continue reading...

How Iran War Is Changing Global Supply Chains

Shahmir Khaliq, head of services at Citi, examines how the shifts in global supply chains from the Iran war are forcing businesses to change how they think about production and input costs. (Source: Bloomberg)

Mercedes and VW announcement 'fresh uncertainty' for UK drivers £829 payouts

The Financial Conduct Authority is defending its £9.1 billion compensation scheme

30 दिनों में 51,902 ने खरीदी इस कंपनी की कारें, अप्रैल में हुई रिकॉर्ड सेल

Home prices are dropping in one-third of U.S. cities. Here's where.

MoneyWatch Home prices dropped in one-third of big U.S. cities in early 2026. Here's where. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Aimee Picchi Aimee Picchi Associate Managing Editor, MoneyWatch Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports. Re...

Fed Officials Cite Inflation Concerns in Defending Dissents

The Federal Reserve’s meeting this week was the most divisive in decades, a sign that President Trump’s pick to lead the central bank will face opposition if he pursues substantially lower interest rates.

Morocco’s ODCO Drives New Phase of ‘Lalla Al Moutaâouina’ Program

The Secretariat of State in charge of Handicrafts and the Social and Solidarity Economy organized, in partnership with The Office of Cooperation Development  (ODCO), on Thursday in Rabat, the awards ceremony of the 7th edition of the national program “Lalla Al Moutaâouina,” marking a strategic shift in the support framework for women’s cooperatives in Morocco. Held as part of the National Week of the Social and Solidarity Economy, the program now moves beyond a simple award scheme to adopt a str...

What are today's mortgage interest rates: May 1, 2026?

MoneyWatch: Managing Your Money What are today's mortgage interest rates: May 1, 2026? We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Matt Richardson Matt Richardson Sr. Managing Editor, Managing Your Money Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes...

Morocco Labor Day 2026: Minimum Wage Rises but 1.6 Million Still Out of Work

Casablanca — Every May 1st, Morocco’s streets fill with union marchers. Workers, banners in hand, move through Rabat, Casablanca, Marrakech, and other cities demanding better wages, more jobs, and fairer conditions. This year’s Labor Day arrives against a backdrop of recent government moves on wages and labor reform. Just days before, the government held what it called a landmark round of social dialogue. A new round of meetings in April, chaired by Head of Government Aziz Akhannouch, brou...

Watchdog warns millions face ‘fresh uncertainty’ over car finance compensation

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Middle East conflict drags on: Is Iran’s economy approaching breaking point?

Weeks of conflict have intensified Iran's economic pressures, straining its financial system despite ongoing internal resilience and limited external trade. While facing significant business challenges and rising costs, Iran is leveraging domestic resources and alternative trade routes to sustain itself amidst a Gulf standoff and stalled ceasefire talks.

Thousands in US to join ‘no school, no work, no shopping’ protest in economic blackout

Walkouts, marches and other gatherings planned for ‘May Day Strong’ demonstrations across the countryThousands are set to join an economic blackout for International Workers’ Day on Friday, as part of 3,500 “May Day Strong” events across the country. Organizers are calling for “no school, no work, no shopping” with walkouts, marches, block parties and other gatherings planned into the evening.May Day has long been an annual day of protest for the labor movement, and this year, many active moveme...

DFM profit rises 43% as foreign investors drive Dh61b trading surge

Dubai: Dubai Financial Market reported a strong start to 2026, with average daily trading value crossing Dh1 billion in the first quarter as foreign and institutional investors continued to deepen their participation in the emirate’s capital market.Sign up for our daily business newsletter, Cheques & Balances.Average daily trading value rose 56% year on year to Dh1.03 billion in the three months to March 31, compared with Dh663 million in the same period last year. Total traded value increased 4...

Halifax 'can be refunded' update for anyone with this type of account

You may need to provide some extra information to Halifax

India’s cow dung biogas offers relief amid Middle East energy crunch

Bulandshahr: Across much of India, an energy crunch caused by the Iran war has prompted long queues for cooking gas cyclinders. That’s not a problem for Gauri Devi.On a stove with blue flames, she flips a chapati flatbread, burning biogas produced from cow dung - an alternative fuel helping ease pressure on supplies.“It cooks everything,” the 25-year-old said in her courtyard kitchen in Nekpur, a village in Uttar Pradesh, about 90 kilometres from New Delhi. “If the pressure goes down, we let it...

Eye Opener: Gas prices surge with no Iran war peace deal in sight

There is no permanent end to the Iran war in sight as Americans face surging gas prices. Plus, there's new video of the accused White House Correspondents' Dinner gunman, including the moment he attempted to sprint by security. All that and all that matters in today's Eye Opener.