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Rents in Dubai: Tenants shifting to short-term rentals to look for affordable units
Tenants in Dubai are temporarily shifting to short-term rentals, expecting rents to soften further before committing to a new annual lease, according to an industry executive.Rents across the UAE have been softening over the past few months after a five-year rally, driven by a massive increase in population.According to CBRE, rental growth continues to soften, entering the third consecutive quarter of a broader period of stabilization in the first quarter of 2026.Stay up to date with the latest...
Australian Pensions to Lift Currency Hedging as Iran War Lingers
The vast majority of Australia’s pension funds intend to shield their portfolios from currency swings amid fears tensions in the Middle East will rapidly escalate, according to a survey by Commonwealth Bank of Australia.
Govt pushes E100 fuel, flex-fuel vehicles; allows ethanol blending in aviation fuel to cut crude imports
Giving a daily update on the energy supply situation, petroleum ministry joint secretary said the government has allowed blends of sustainable aviation fuel.| India News
Trump Media has pivoted to crypto, financial services and nuclear fusion —its stock keeps falling
NEW YORK (AP) — Launched by the Trump family four years ago with great fanfare, Truth Social was not just going take on Twitter and Facebook as a “free speech” alternative but maybe even challenge Netflix by streaming movies.The stock soared. The business never took off. On Tuesday, the parent company of the once hoped-for social media giant announced it was shaking up its leadership. Out is its long time CEO, former farmer turned Republican congressman Devin Nunes, replaced by seasoned digital...
Tesla Boosts Spending Plan to $25 Billion in AI, Robotics Push
Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Ed Ludlow reports. (Source: Bloomberg)
Indonesia Sells ¥172.1 Billion Samurai Bond on Strong Demand
Indonesia raised ¥172.1 billion ($1.1 billion) in its biggest Samurai bond sale in two years as strong investor demand for its credit outweighed concerns about budgetary pressures due to the Middle East war.
Counterpoint: SK Hynix is Riding the Supercycle
Tom Kang, Research Director at Counterpoint, discusses the outlook for SK Hynix as the company reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex this year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade. (Source: Bloomberg)
GSAM's Calnon on Markets, Investment Strategy
Greg Calnon, Global Head of Public Investing at Goldman Sachs Asset Management, discusses his outlook for markets and investment strategy. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade. (Source: Bloomberg)
Centre weighs overhaul of sugar sector's rules to boost ethanol production, protect states
The food ministry’s draft Sugarcane (Control) Order, 2026 aims to prevent mills from sourcing cane outside designated zones and competing for farmers’ produce.| India News
United Airlines may raise fares by 20% as airlines struggle with fuel price surge amid Iran war
NewsWorldAmericasUS politicsUnited Airlines may raise fares by 20% as airlines struggle with fuel price surge amid Iran warThe CEO of United Airlines said fuel prices have been rising ‘faster than I can ever remember in my career’ in a recent inteviewJosh Marcus in San Francisco Thursday 23 April 2026 02:34 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","...
Severstal founder Mordashov tops Russia's billionaires rating - Forbes
Vladimir Potanin, the head of Interros and president of Norilsk Nickel, is second with a $29.7 billion fortune
Goldman's Calnon on Market Outlook Amid Hormuz Closure
Global Head of Public Investing at Goldman Sachs Asset Management Greg Calnon talks to Bloomberg TV about the resilience of global markets despite an extended closure of the Strait of Hormuz, and suggests that investors are still pricing in a relatively speedy restoration of calm to energy supplies. (Source: Bloomberg)
Entrepreneur Justin Sun sues Trump family crypto venture
Entrepreneur Justin Sun filed a lawsuit on Wednesday accusing a Trump family-backed cryptocurrency platform of fraud and alleging he was blocked from withdrawing his assets.In a San Francisco federal court filing reviewed by AFP, the Chinese-born crypto billionaire and former Trump ally claims to have purchased $45 million worth of WLFI, an electronic currency launched by World Liberty Financial in October 2024. Tokens awardedTo thank him for the investment -- at a time when WLFI was genera...
Abu Dhabi Global Entrepreneurship Festival 2026 concludes
ABU DHABI: The Abu Dhabi Global Entrepreneurship Festival (ADGEF) 2026 concluded after three days, bringing together government entities, investors and entrepreneurs, reinforcing the emirate’s position as a global hub for innovation.The event featured over 300 speakers, workshops and high-level sessions on entrepreneurship, investment, AI and future economy trends, alongside initiatives supporting youth and social enterprises, including a Dh1 million grant challenge.جانب من مشاركة "تريندز&q...
Millions of mobile phone users face data rationing and price hikes after Rachel Reeves left telecoms firms to suffer rising energy costs
Millions of mobile phone users face data rationing and price hikes after Rachel Reeves left telecoms firms to suffer rising energy costsBy TOM LAWRENCE, NEWS REPORTER Published: 01:13, 23 April 2026 | Updated: 01:13, 23 April 2026 e-mail View comments
Iran war taking toll on U.S. missile stockpile, analysis finds
Tuesday marks Day 54 in the war with Iran and a new analysis from the Center for Strategic and International Studies found that the conflict is taking a toll on the Pentagon's munitions stockpile. Mark Cancian, a senior adviser with the Defense and Security Department at CSIS, joins "The Daily Report" to discuss.
Boom time for Chinese solar makers as Middle East oil crisis drives demand
ClimateNewsBoom time for Chinese solar makers as Middle East oil crisis drives demandExports in March were equivalent to Spain's entire solar capacityStuti Mishra Thursday 23 April 2026 01:00 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showBookmark":true,"articleId":"b2962654","articleMeta":{"url...
Tesla Boosts Spending Plan in AI, Robotics Push
Tesla anticipates billions of dollars in additional spending this year to support Elon Musk’s ambitions to transform the electric-vehicle pioneer into an AI and robotics company. Bloomberg's Dana Hull reports on how investors are reacting. (Source: Bloomberg)
Tesla just increased its capex to $25B. Here’s where the money is going.
Tesla CEO Elon Musk kicked off the company’s first-quarter earnings call with a monetary heads-up — or depending on the mindset of the investor, a warning. Tesla’s capital expenditures will skyrocket to $25 billion in 2026, far outpacing its previous annual spend as it races to stay ahead of the competition and transitions to an AI and robotics company, according to its first-quarter earnings report. That figure, which covers what Tesla plans to spend on physical assets outside of it...
The Papers: 'PM isolated' and 'Job concerns deepen'
'PM isolated' and 'Job concerns deepen'9 minutes agoShareSaveAdd as preferred on GoogleBBCThe row over the security vetting of Lord Mandelson continues to dominate many of Thursday's front pages. Prime Minister Sir Keir Starmer is "isolated", reports the Guardian, "as cabinet divisions emerge" over the "scandal". And the paper says there are "doubts over peace talks" in the Middle East after Iran seized two ships in the Strait of H...