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Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says
Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidenceA quarter of a million people could lose their jobs by the middle of next year as Britain “flirts with recession”, analysis suggests, after business confidence was shattered by the US-Israel war on Iran.As the chancellor, Rachel Reeves, summoned bank chiefs for talks aimed at containing the fallout, twin reports from top accounting firms underlined the scale of the economic threat fa...
Stocks Fall, Oil Rises After US Seizes Iran-Flagged Ship | Bloomberg Brief 4/20/2026
US equity futures fall and oil climbs after the US Navy attacked and boarded an Iranian-flagged cargo ship in the Gulf of Oman. Iran says it has no plans to attend potential negotiations with the US in Pakistan with the ceasefire expiring on Tuesday. Amy Wu Silverman of RBC Capital Markets discusses the market volatility amid renewed uncertainties around the war. (Source: Bloomberg)
Sindh CM orders speeding up wheat procurement to achieve target
PakistanSindh CM orders speeding up wheat procurement to achieve targetBy Web Desk-Apr 20, 2026KARACHI: Sindh Chief Minister Murad Ali Shah chaired a meeting that reviewed wheat procurement and directed concerned authorities to speed up the process to achieve set targets within time. Food Minister Makhdoom Mehboob uz Zaman in briefing to the chief minister informed that only 8,958 tons of wheat had so far been procured across Sindh. Murad Ali Shah expressed concern over the pace of procurement a...
Energy Services Set to Benefit Once Iran War Ends, Barclays Says
The European energy services sector faces a brighter future once the Middle East conflict de-escalates as a result of work that oil producers need to undertake to resolve disruption, according to Barclays Plc analysts.
Chow Yun-fat nets 91% gain on Hong Kong flat after 31 years as prices rebound
Chow Yun-fat, the legendary Hong Kong actor, has sold a Mid-Levels flat after more than three decades, securing a roughly 91 per cent gain, as the city’s secondary housing market continues to strengthen. The 541 sq ft, three-bedroom flat in Corona Tower fetched HK$7.5 million (US$960,000), or HK$13,863 per square foot. The sale agreement was signed on February 11 and the transaction was registered on March 11, according to Land Registry records. The deal generated a gain of HK$3.58 million...
ByteDance profit plunges on AI push as TikTok Shop powers overseas growth: reports
ByteDance, the parent company of TikTok and Douyin, saw its net profit plummet by more than 70 per cent in 2025 as it poured money into artificial intelligence, according to Chinese media reports. At the same time, revenue from overseas markets surged by nearly 50 per cent, far outpacing the roughly 20 per cent growth in China, according to reports on Monday by outlets including Securities Times and 36Kr, which cited a person familiar with the matter. For the first time, overseas revenue...
UnitedHealth Isn’t Out of the Woods With $6 Billion Medicare Hit
UnitedHealth Group Inc.’s results Tuesday will reflect the full effect of Medicare payment changes set in motion three years ago that cost the company billions, cratering profits last year and blindsiding investors.
Why cultural fusion could make GCC the next great financial hub
The world’s leading financial centres are not built on capital alone. They are built on the constant exchange of ideas—on people from different systems learning how to think, decide, and operate together. That is where the GCC’s real edge is emerging. Not just in its wealth or infrastructure, but in its cultural fusion.You can see it in how business actually gets done across the Gulf today.Get updated faster and for FREE: Download the Gulf News app now - simply click here.In Dubai, Abu Dhabi, Ri...
Should investors stay cautious despite stable markets? Expert answers
Should investors stay cautious despite stable markets Expert answers
Aldi to open 8 new UK stores — full list of locations
Aldi to open 8 new UK stores — full list of locationsAs the cost of living spikes, Aldi’s £40million expansion is set to bring "unbeatable value to more families"CommentsNewsKatie Oborn Audience Writer11:53, 20 Apr 2026View 2 ImagesAldi supermarket announces eight new stores that will open in 2026(Image: Citypress / Aldi )Aldi is a well-known discount supermarket chain with branches across the globe, but now the retail giant is bringing even more “within easy reach” for its customers....
‘Record’ choice of cash Isa products as rates expected to be ‘higher for longer’
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Shetland windfarm owner is paid £10million-a-year to turn off turbines during gale force winds - while people living in its shadow fork out for some of Britain's highest energy bills
Shetland windfarm owner is paid £10million-a-year to turn off turbines during gale force winds - while people living in its shadow fork out for some of Britain's highest energy billsBy FREYA BARNES, NEWS REPORTER Published: 11:49, 20 April 2026 | Updated: 11:56, 20 April 2026 e-mail View comments
German Banks Aren’t Panicking Over Mythos AI Threat, Sewing Says
Germany’s banks are well-prepared for heightened cyber risks as Anthropic’s new artificial intelligence model sparks global fears of a new era for computer hacks, said Deutsche Bank AG Chief Executive Officer Christian Sewing.
Gulf nation warns US it could ditch petrodollar for yuan – WSJ
The UAE has reportedly threatened that it could shift to the Chinese currency in oil trade as it presses Washington for a financial backstop The United Arab Emirates has warned the US Treasury that it could be “forced to use Chinese yuan” in oil trade, the Wall Street Journal reported on Sunday. UAE Central Bank Governor Khaled Mohamed Balama delivered what the newspaper described as an “implicit threat” against the dollar’s dominant position durin...
CFI advances its operations in Egypt with Amr Abdelbaky appointed CEO of CFI Egypt
CFI Financial Group, a globally recognized leader in online trading services, including access to local equity markets, has appointed Amr Abdelbaky as the new Chief Executive Officer of CFI Egypt for Brokerage and Securities and Bonds Trading (CFI Egypt). The move reinforces the Group’s focus on strengthening its local presence and advancing its offering in the Egyptian market.CFI Egypt’s core mission is to provide domestic traders and investors with direct access to the local market. Through th...
NRCC reporting record $47.1 million quarter, record $28.1 million raised in March
The midterm elections might be historically difficult for the controlling party, but Republicans are building a war chest to break that trend, reporting smashing first quarter fundraising totals of $47.1 million, including a record $28.1 million in March alone.The National Republican Congressional Committee (NRCC) was set to report the strongest first quarter fundraising haul in its history Monday, according to figures shared first with Fox News Digital, giving House Republicans a fresh sign of...
U.S. seizes Iranian cargo ship. And, tariff refund portal launches
LISTEN & FOLLOW NPR App Apple Podcasts Spotify Amazon Music iHeart Radio YouTube Music RSS link U.S. seizes Iranian cargo ship. And, tariff refund portal launches April 20, 20266:30 AM ET Suzanne Nuyen Trump and Iran Talks, Iran Reacts to Ship Seized, Tariff Refunds Listen · 13:39 13:39 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/g-s1-118095/nx-s1-mx-5791261-1" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio...
Govt Scheme: बिना गारंटी ₹3 लाख लोन, ब्याज सिर्फ 5%... गजब है मोदी सरकार की ये स्कीम
Govt Scheme
M&C Saatchi predicts hit to sports and entertainment arms from Iran conflict
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Gold prices drop in Pakistan — April 20, 2026
BusinessGold prices drop in Pakistan — April 20, 2026By Web Desk-Apr 20, 2026KARACHI: Gold prices in Pakistan declined on Monday, April 20, 2026, tracking a downward trend in the international bullion market amid evolving geopolitical developments, including Iran’s decision to skip the next round of Islamabad talks with the United States. According to rates issued by the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola fell by Rs4,900 to settle at Rs501,162...