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Drivers take fewer trips to cut back on fuel and adjust spending, bank suggests
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Futures Waver After Stocks Notch Best Month Since 2020; Apple Earnings | Bloomberg Brief 5/1/2026
US equity futures waver after stocks hit another record high, posting their best month since 2020. Apple delivers a surprisingly strong revenue forecast, despite a shortage of MacBooks. President Trump vows to maintain a naval blockade on Iran. Seema Shah of Principal Asset Management discusses this earnings season. Jason Gabelman of TD Cowen looks ahead to Exxon and Chevron results. (Source: Bloomberg)
Exxon, Chevron Beat Earnings Estimates as Oil Prices Surge
Exxon Mobil and Chevron topped analyst’s earnings expectations in the first quarter, overcoming various impacts of the Iran war. Vincent Piazza of Bloomberg Intelligence has more. (Source: Bloomberg)
Honda outline progress during ‘long and intense’ April gap
Honda will introduce further countermeasures aimed at reducing engine vibrations and improving reliability at this weekend’s Miami Grand Prix, having “made some progress” over the five-week break without races.
Suzuki Motorcycle India starts FY27 with 4% growth, April sales reach 1.17 lakh units
Suzuki Motorcycle India starts FY with growth April sales reach lakh units
No evidence of widespread fuel price-gouging, regulator says
No evidence of widespread fuel price-gouging, regulator saysJust nowShareSaveAdd as preferred on GoogleJemma CrewBusiness reporterGetty ImagesThere is no evidence of widespread price-gouging by UK fuel retailers in the weeks after the US-Israel war with Iran began, according to the competition watchdog.The Competition and Markets Authority (CMA) said profit margins overall were "broadly unchanged" between February and March.In March, the CMA announced it would "step up" monit...
Fuel price rises caused by cost of oil rather than retail margins – watchdog
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Qantas and Jetstar reduce more Aussie flights amid soaring fuel costs: What you need to know
Qantas and Jetstar reduce more Aussie flights amid soaring fuel costs: What you need to knowQantas and Jetstar cut more domestic flightsREAD MORE: Don't book a flight until you read thisBy ZAK WHEELER, NEWS REPORTER, AUSTRALIA Published: 11:43, 1 May 2026 | Updated: 11:44, 1 May 2026 e-mail View comments
Power minister declares end of month-long loadshedding following arrival of LNG shipment
ISLAMABAD: Power Minister Awais Leghari on Friday declared the end of a month-long loadshedding period after a shipment of liquefied natural gas (LNG) arrived in Pakistan a day earlier. The power minister made the announcement in a recorded televised message, saying that the recent power outages were caused by a gas shortage linked to the war between the US and Iran, and were not the result of “incompetence or system failure”. He recalled that on “...
Bond Traders Brace for New Gilts Selloff as Local Elections Loom
UK bond investors are shifting their focus from monetary policy to politics, with local elections next week seen as a potential catalyst for turmoil in government that could trigger a renewed selloff.
Shoplifters stealing £4000 of goods from supermarkets every week - 'it's out of control'
Security guard Kane Manning says he also receives violent verbal abuse up to 20 times a day
Wall Street Is Bullish on Oracle, But Investors Aren’t Buying It
To Wall Street, Oracle Corp. is a screaming buy. To many investors, however, the company’s relationship with OpenAI, its sizable debt load and the durability of its software business have made owning the stock a risk.
E11 road near Etihad Bridge in Ras Al Khaimah temporarily closed for maintenance works
Motorists in Ras Al Khaimah are being advised to plan ahead after Ras Al Khaimah Public Services Department announced a temporary closure on part of Sheikh Mohammed bin Salem Road (E11) near Etihad Bridge for road maintenance and improvement works.The closure affects the E11 Road stretch between Al Nadiya and Al Dhait South, close to Etihad Bridge, where maintenance teams have begun upgrade works aimed at improving traffic flow and road safety.Stay up to date with the latest news. Follow KT on W...
UAE calls for stronger Gulf economic cooperation at GCC talks
Abu Dhabi: Abdulla bin Touq Al Marri, Minister of Economy and Tourism, has taken part in the 70th meeting of the Gulf Cooperation Council (GCC) Trade Cooperation Committee, where ministers reviewed a series of strategic initiatives aimed at deepening economic ties and strengthening the competitiveness of Gulf markets.Held via videoconference, the meeting focused on expanding trade and investment integration among GCC member states, with discussions centred on enhancing t...
Who profits big from the war on Iran?
Who profits big from the war on Iran?
Oil prices rise again with little sign of war on Iran ending
Brent crude futures hit $126.41 on Thursday - a 5 percent rise for the week.
Ares Earnings Miss Estimates Despite Record Fundraising Haul
Ares Management Corp., facing a slump in dealmaking while navigating broader market turmoil, reported first-quarter earnings that missed Wall Street estimates even as wealthy clients helped fuel a record $30 billion of fundraising during the period.
Banksy confirms authorship of statue installed in central London
The anonymous street artist did not specify to whom or what the work is dedicated
Howe confident PIF remain committed to Newcastle after 'challenging conversations'
Eddie Howe is convinced Newcastle’s Saudi backers remain firmly behind the club’s efforts to establish itself as one of the best in the world after "challenging conversations" with the club's hierarchy this week.
Despite growth and pay rises, Greek workers are among the poorest in Europe
Inflation has robbed them of a third of their income since the post-2009 global financial crisis, statistics show.