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Philippine foreign ownership rules updated: What it means for global investors

Dubai: The Philippines has updated its foreign investment framework, maintaining strict ownership limits in various fields while gradually opening others to global investors.Philippine president Ferdinand Marcos Jr. has signed executive order (EO) 113, approving the 13th regular foreign investment negative list (RFINL). The measure defines where foreign investors can participate in the economy and where they cannot under the foreign investments act of 1991.Get updated faster and for FREE: Downlo...

'I'm a mortgage expert - you should pay off early and there's an easy way'

'I'm a mortgage expert - you should pay off early and there's an easy way'She said it wasn't just about getting on the ladder, but what you do when you get thereCommentsMoneySteven Smith Content Editor09:54, 17 Apr 2026View 3 ImagesMichelle Woolley(Image: Michelle Woolley/Newspage)An expert has explained why you should pay off your mortgage early – and how you can do it easily. For years, the focus has been on getting onto the property ladder, but one expert has pointed...

PM Shehbaz approves Rs32.12 per litre cut in high-speed diesel price

Prime Minister Shehbaz Sharif on Friday approved a reduction in the price of high-speed diesel by Rs32.12 per litre to bring the rate down to Rs353.43 per litre. According to a statement from the Prime Minister’s Office, the approval was part of a decision aimed at providing relief to the public. The government has decided not to make any change in the price of petrol, keeping it unchanged at Rs366.58 per litre. The prime minister said the impact of the reduction in petroleum prices wou...

Europe may face flight cancellations by end of May over jet fuel shortages, IATA warns

The International Air Transport Association (IATA) warned on Friday that Europe could see flight cancellations by the end of May because of jet fuel shortages, as supply disruptions linked to the Middle East conflict continue to strain global markets. “The International Energy Agency's (IEA) assessment of potential jet fuel shortages is sobering,” IATA Director General Willie Walsh said in a statement. Walsh said the industry group had also estimated that “by the end...

HKEX Plans to Cut Trade Settlement to One Day From End of 2027

Hong Kong’s stock exchange operator is planning to halve the time it takes to settle stock trades, matching a global push toward shorter settlement windows despite concerns over the operational hurdles for Western investors.

Oil falls by over 11% after Iran FM declares Strait of Hormuz open

Oil prices plunged by about 11% on Friday, extending earlier losses, after Iran's foreign minister said that passage for all commercial vessels through the Strait of ‌Hormuz was open for the remaining ceasefire period. Brent crude futures were $10.59, or 10.7%, lower at $88.80 a barrel at 1340 GMT, after falling to a session low of $87.71. US West Texas ​Intermediate crude futures were down $10.80, or 11.4%, at $83.89 a barrel, after ​touching $83. Both contracts were tr...

Bloomberg Billionaires Index 2026: Gautam Adani overtakes Mukesh Ambani, becomes Asia’s richest; know who the world’s top 10 richest are

Bloomberg's Top 10 Richest Person List in the World in 2026: Mukesh Ambani is among the top five individuals who have seen the largest declines in wealth, with his net worth dropping by $16.9 billion.

पहले बेचने की थी होड़.. अब आई तगड़ी उछाल, 15% चढ़े ये स्‍टॉक्‍स!

Workspace sees shares slump after warning over profits and dividend cut

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D4vd's lawyers protest singer's innocence after teenager 'killing' arrest

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EU Could Be on Brink of Recession Amid Middle East Conflict - IMF

MOSCOW (Sputnik) - Alfred Kammer, head of the International Monetary Fund's European Department, warned on Friday that the European Union could be on the brink of recession with inflation approaching 5% amid the Middle East conflict.

H-1B visa selection rates hit a high of 75%, thanks to Trump

HB visa selection rates hit a high of thanks to Trump

Reeves backs further North Sea drilling to boost Britain’s oil and gas supply

NewsUKUK PoliticsReeves backs further North Sea drilling to boost Britain’s oil and gas supplyChancellor says government working with energy companies to open up tie-back sites in the North SeaJane Dalton & Athena StavrouFriday 17 April 2026 09:31 BSTBookmarkCommentsGo to commentsBookmark popoverRemoved from bookmarksClose popover{"translations":{"comments":"Go to comments","share":"Share","copyLink":"Copy link","bookmark":"Bookmark","removeBookmark":"Remove bookmark"},"showComments":true,"showB...

Dubai South rolls out more incentives for free zone firms

Dubai: Dubai South has introduced a fresh round of incentives for companies operating within its free zone, as part of a broader push to sustain business activity and ease cost pressures amid the ongoing crisis.The measures include support for new company formation, assistance with licence renewals and exemptions from late renewal fines. Sign up for our daily business newsletter, Cheques & Balances.These measures come as authorities across Dubai seek to reinforce the competitiveness of the emira...

Halifax joins HSBC, Santander and TSB with change for customers 'from Friday'

Halifax joins HSBC, Santander and TSB with change for customers 'from Friday'It's had a cautious welcomeCommentsMoneySteven Smith Content Editor09:15, 17 Apr 2026View 3 ImagesHalifax's cuts kick in on Friday(Image: Robert Brook via Getty Images)Halifax has joined Santander and HSBC in making 'positive' moves this week with a change that begins on Friday. It is slashing its home-mover and first-time buyer fixed rate mortgages by up to 0.35% on Friday, in a move that...

Swinney ‘not interested’ in fight with UK Government over plan to cap food costs

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Ambani’s Jio Platforms Is Said to Plan Filing for IPO Next Month

Reliance Industries Ltd. is likely to file draft paperwork for the initial public offering of Jio Platforms Ltd. in May, incorporating earnings for the full fiscal year, according to people familiar with the matter.

Global metal demand flat amid Middle East conflict — Norilsk Nickel

Vice President Anton Berlin said that prices for a number of metals kept rising since December

Sainsbury’s to shed light on Iran war impact amid recent sales growth

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Odd Lots: Planet Money Explains the World (Podcast)

There are a lot of things to be annoyed about in modern life. The high cost of food and housing and childcare. Dating apps that don’t seem to work. The fear of AI replacing you at your job. These are all common complaints and concerns, and each of them can be traced to a specific economic phenomenon or market structure issue. Once you start thinking about the world in this way, you can’t unsee it. In this episode, we speak with Planet Money co-host Mary Childs, and contributor to the podcast, Al