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Ray-Ban Heir Steps Up Talks on €10 Billion Buyout of Siblings
An heir to EssilorLuxottica SA founder Leonardo Del Vecchio is in advanced talks to buy out two of his siblings for about €10 billion ($11.7 billion), in a potential step toward resolving the Ray-Ban magnate’s estate four years after his death.
Wall Street Group Urges SEC to Lift Private Asset Trading Ban
Lobbyists for some of Wall Street’s biggest alternative asset managers are asking regulators to relax rules preventing the buying and selling of assets between funds overseen by the same company, a move they say will boost the adoption of private assets in retirement accounts.
dnata to invest A$32m in Western Sydney Airport cargo terminal
Dubai: Dubai-based dnata will invest around Dh77 million (A$32 million) to build a new cargo terminal at Western Sydney International Airport, strengthening air freight capacity in Australia’s busiest logistics corridor.The global air and travel services provider said the purpose-built facility will handle up to 60,000 tonnes of cargo annually and is expected to create around 50 direct jobs in its initial phase.Sign up for our daily business newsletter, Cheques & Balances.The terminal will be lo...
Pakistan to cut car duties, open market by 2030
Dubai: Pakistan is set to roll out a sweeping new five-year auto sector policy in consultation with the International Monetary Fund, aimed at slashing import tariffs, restructuring duties and opening up the vehicle market by 2030, The News reported on Wednesday.Under the $7 billion Extended Fund Facility (EFF) agreed with the Washington-based lender, Pakistan has committed that no new Regulatory Duty (RD) will be imposed on imports — a move seen as a clear shift towards trade liberalisation.As p...
EU plans to cut electricity taxes to shield households from Iran war energy crisis
Brussels will relax state aid rules to allow member countries to offer ‘targeted and temporary’ supportEurope live – latest updatesThe EU will cut electricity taxes and provide consumers with fresh incentives to ditch fuel-burning cars and boilers, the European Commission has announced, as the Iran war energy crisis speeds a shift to a clean economy.The plan, which foresees tweaking rules so that electricity is taxed less than oil and gas, aims to bring down bills while encouraging the move away...
B&M's 'modern' £30 table set similar to £90 Argos version 'adds style to rooms'
B&M's 'modern' £30 table set similar to £90 Argos version 'adds style to rooms'People could be getting much more for their moneyCommentsMoneyAndrew Nuttall U35 Lifestyle Writer13:48, 22 Apr 2026View 3 ImagesThe B&M set is £55 cheaper than a single version sold by Argos(Image: Getty)People could inject a "clean and natural" touch to homes with a living room set that B&M claims to "complement most interiors". Shoppers might want to consider...
A New Question For Earth Day 2026, Who Pays For America’s Growth?
InnovationSustainabilityA New Question For Earth Day 2026, Who Pays For America’s Growth?ByMonica Sanders,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV.Follow AuthorApr 22, 2026, 08:45am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Daily News front page April 23, 1970, Headline: EARTH DAY! - Making their feel...
Swinney opens door to ‘voluntary’ food price cap scheme
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Weeks after Bill Gates’ plan to shut Gates Foundation; CEO sends layoff memo to staff
The Bill & Melinda Gates Foundation is preparing to lay off up to 500 employees, approximately 20% of its workforce, as part of a cost-control effort. This move aligns with the foundation's plan to wind down by 2045 and aims to cap operating expenses at $1.25 billion while increasing program spending to a record $9 billion in 2026.
France Sticks to 2029 Deficit Goal as It Trims Growth Forecasts
French President Emmanuel Macron’s government presented a deficit-reduction plan based on lower growth forecasts for the next three years, which would make it more challenging for the country to get a grip on public finances.
Tamil Nadu votes on a strong economy and rising fiscal pressure
Tamil Nadu votes on a strong economy and rising fiscal pressure
Ukraine resumes oil flow via Druzhba pipeline – Hungary
Kiev had suspended deliveries of Russian crude since January, causing a rift with EU members Hungary and Slovakia Ukraine has restarted the flow of Russian oil to the EU via the Druzhba pipeline after a pause of almost three months, Hungarian energy giant MOL has said. The company said in a statement that Ukrainian operator JSC Ukrtransnafta has informed it that Ukraine began receiving crude from Belarus via the Druzhba pipeline system at noon on Wednesday. According to MOL, it expe...
Silver Rate in Pakistan Today – April 22, 2026
BusinessPakistanSilver Rate in Pakistan Today – April 22, 2026By Fahad Ali-Apr 22, 2026KARACHI, April 22, 2026 — Silver prices in Pakistan declined for the second consecutive session on Wednesday, with the precious metal trading at Rs. 8,071 per tola in major Sarafa markets, reflecting broader global weakness and profit-taking after recent gains. According to market updates from Karachi, Lahore, and Islamabad bullion exchanges, silver opened lower following a drop in international spot prices, w...
Punjab govt releases next installment under Kissan Card scheme
Punjab govt releases next installment under Kissan Card schemeBy Web Desk-Apr 22, 2026LAHORE: The Punjab government has transferred the next installment of interest-free agricultural loans to farmers’ accounts under the Kissan Card scheme. In a statement shared on social media, the Punjab Agriculture Department said that farmers who had cleared their outstanding Kissan Card dues by Monday, April 20, have received fresh funds in their accounts. The department has urged farmers to ensure timely pa...
It's not just gasoline. Iran war could drive prices higher for many products.
MoneyWatch It's not just gasoline. U.S.-Iran war could drive prices higher for many products derived from petroleum. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } April 22, 2026 / 8:20 AM EDT / CBS/AP Add CBS News on Google It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins and Wobblies, but even plush playthings aren't immune when oil shipments from the Middle East are constrained. Lik...
Stay Invested Amid Shifts, Advises Goldman’s Rosner
Lindsay Rosner, Head of Multi-Sector Fixed Income Investing at Goldman Sachs Asset Management, discussed the accelerated pace of market movements compared to the pre-COVID era, investors no longer have the luxury of time to react to major market events or geopolitical developments, as news cycles and market responses are now highly compressed and volatile. (Source: Bloomberg)
Hungary, Slovakia not taking part in EU loan for Kiev
Hungary and Slovakia also lifted their veto from the plan to allocate 90 bln euro funding for Ukraine in 2026-2027
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Spain approves €7bn plan to tackle soaring rents and housing crisis
NewsWorldEuropeSpain approves €7bn plan to tackle soaring rents and housing crisisSpain's government has approved a major plan to tackle the country's housing crisisSuman Naishadham Wednesday 22 April 2026 13:12 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":"CF1:29620...
EU envoys approve €90 billion Ukraine loan after Hungary lifts veto
The loan was held up by Hungary for months due to Kiev’s suspension of Russian oil supplies A €90 billion ($106 billion) EU loan to Ukraine that was the focus of a months-long stand-off with Hungary is set to be disbursed on Thursday, according to media reports. EU ambassadors approved the move on Wednesday, paving the way for a formal sign off by 27 member states, Reuters said citing a spokesman for the Cypriot presidency in the bloc. DETAILS TO FOLLOW