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Oil prices today: Crude climbs as US-Iran talks uncertainty keeps markets on edge
Middle East tensions surged Friday, pushing oil prices up as Iran released footage of commandos boarding a ship in the Strait of Hormuz and reported military activity over Tehran. Analysts warn prolonged disruption could severely impact global supply, with inventories potentially falling to multi-year lows. Markets remain on edge as diplomatic efforts face uncertainty.
Oil rises above $106 per barrel as US, Iran deadlocked in Strait of Hormuz
Jump in prices comes as Donald Trump says vessels will need permission of US Navy to transit key waterway.
TSMC Shares Surge as Taiwan Lifts Single-Stock Limit for Funds
Taiwan Semiconductor Manufacturing Co. shares climbed after Taiwan’s financial regulator eased limits on single-stock fund holdings, a move that JPMorgan Chase & Co. said could draw more than $6 billion in new inflows.
Pitch for curbs on hospital mark-ups for medical devices
Pitch for curbs on hospital markups for medical devices
Oil prices rise, stocks mostly fall as US-Iran peace talks stall
Oil prices jumped on Friday as Iran vowed it would not reopen the Strait of Hormuz, through which one-fifth of global oil is shipped, as long as the United States blocks its ports.The price of US crude oil WTI increased 1.23% to $97.03 per barrel early on Friday; Brent crude, the international standard, gained 1.26% to $106.4 per barrel.The market reaction followed days of growing hopes and dashed expectations involving the strait. Iran, which virtually controls the passage, said Friday that it...
Hackers steal $2.5m from Lankan finance ministry
South Asia News: Cyber criminals hacked into the Sri Lankan finance ministry’s computer system and siphoned off $2.5 million, the government said Thursday, the most am.
Universal Credit payment update for parents from this month
The DWP explained the timing varies according to each claimant's monthly assessment period
Meta tells staff it will lay off 8,000 on May 20 as plan had already leaked
Meta is preparing to lay off approximately 10% of its global workforce, impacting around 8,000 employees on May 20. This decision, announced by Chief People Officer Janelle Gale, aims to increase efficiency and offset significant AI investments. The company will provide generous severance packages and career support to affected employees.
India 'a tough nut to crack' on agriculture, says US trade representative amid talks
Jamieson Greer was answering queries from Congressman Randy Feenstra at a hearing on the Trump administration’s 2026 trade policy agenda.| India News
Fuel retailers losing Rs20/litre on petrol, Rs100 on diesel as Iran war drags on
They expect oil companies to partially pass on their revenue losses on petrol and diesel to consumers sometime after assembly elections.| India News
TPG-Led Consortium to Buy India’s Top Green Finance Shadow Bank
A consortium led by TPG Inc. has signed a formal agreement to buy India’s top shadow lender specializing in green financing, underscoring foreign investors’ appetite for the country’s fast-growing environmental projects.
Marks & Spencer boss gives verdict on what causes 'good, honest people' to shoplift
Archie Norman, who became chairman of Marks & Spencer in September 2017, has spoken out after warnings crime rates are picking up again across British high streets
Madhya Pradesh farmers to get fourfold compensation for land acquisition
Madhya Pradesh farmers to get fourfold compensation for land acquisition
E85 adoption to be optional for consumers, rollout by year end
The rollout follows confirmation from automakers that they can produce vehicles capable of running on elevated ethanol blends.| India News
Telangana to cut ministers’ salaries by 50% to repay dues to retired government officials
Telangana government cuts ministerial salaries by 50% to clear dues for retired employees, aiming to resolve financial issues within 100 days.| India News
₹3.12 lakh crore property deals under Income Tax dept scanner
The numbers, which likely point to so-called “black” money , were significant in Gurugram, Chandigarh, Faridabad, Sonepat, Karnal and a few other districts,| India News
EIB Group accelerates Europe’s clean energy drive as part of €10 billion in new financing
BRUSSELS: The Board of the European Investment Bank (EIB) Group approved a total of €10 billion in financing, including almost €2 billion for initiatives to expand Europe’s clean energy investments, ensure affordability and bolster competitiveness.The Board of the EIB endorsed loans to support the production of offshore wind power in Germany and solar energy in Italy as well as the accelerated use of renewables by businesses in Austria. Europe unveils emergency energy plan after Middle East cris...
Collapsing Volatility Turbocharges Returns Across Carry Trades
DoubleLine Capital and Van Eck Associates Corp. are among investors seeing renewed appeal in a currency strategy that’s revving up as the Middle East ceasefire helps steady markets and reignite risk appetite.
From scientist to silk farmer: India's silk industry renewal
From scientist to silk farmer: India's silk industry renewalJust nowShareSaveAdd as preferred on GooglePriti GuptaTechnology Reporter, MumbaiUmamaheswariUmamaheswari moved from science to silk farmingSix years ago Dr Jolapuram Umamaheswari walked away from her career as a scientist in Singapore."When I came back to India, I was jobless but I wanted to be my own boss," she says.After some research she hit on silk farming, or sericulture. It involves feeding mulberry leaves to silkw...
How the Iran war may give China an edge over the U.S. economy
Since the war with Iran started almost two months ago, the U.S. has seen one of the largest military buildups in years, coupled with major disruptions to the oil market. Ian Bremmer, president and founder of the Eurasia Group, joins "The Daily Report" to discuss how it could benefit China.