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Average daily LPG bookings back to pre-conflict levels: Government
India News: NEW DELHI: The number of domestic LPG refill bookings has fallen to nearly 43-44 lakh in April from a peak of about 89 lakh in mid-March, easing press.
Founder Of Malaysia’s Largest Dollar Store Chain Debuts On List Of Country’s Richest
The May 2025 listing of discount store chain Eco-Shop Marketing catapulted cofounder Lee Kar Whatt into the ranks of the country’s richest, where he debuts at No. 18 with a net worth of $1.5 billion.
Malaysia’s 50 Richest 2026: A Robust Ringgit And A Hot IPO Market Power Tycoons’ Wealth
An economy that expanded 5.2% in 2025, an appreciating ringgit and a buoyant IPO market that had a total of 60 new listings last year created momentum that bolstered the collective wealth of Malaysia’s tycoons nearly 30% to $116 billion.
Reeves gives more energy bill support to businesses as Iran war pushes up costs
Scheme cutting bills by up to 25% expanded to cover 10,000 firms, but they will not be paid until next yearRachel Reeves has announced an expansion of support for the most energy-intensive UK businesses, as they face soaring bills as a result of the Middle East conflict.The chancellor said the long-promised British Industrial Competitiveness Scheme (BICS) would be expanded to cover 10,000 companies, up from the 7,000 originally announced. Continue reading...
Iran War Highlights Risks In The Chemical Supply Chain
John Roberts, Mizuho Managing Director joins to discuss the supply chains in the global chemicals market continue to cause disruptions, a a volatile new cycle with cross-industry impact could be underway. Saying that everything in the synthetic world comes from the barrel of oil. (Source: Bloomberg)
German Firms Expand Morocco Investments Across Logistics, Pharma, Auto, and AI
Casablanca – German companies unveiled a new wave of investment plans for Morocco today during a Casablanca press conference hosted by the German Embassy and AHK Maroc, with projects spanning logistics, pharmaceuticals, automotive wiring, software, and artificial intelligence. The announcements offered one of the clearest signs yet that German corporate interest in Morocco is expanding well beyond traditional manufacturing. In logistics, DACHSER confirmed the expansion of its Tangier operations...
Bank of England boss tells BBC he won't rush interest rate rises
Bank boss tells BBC he won't rush interest rate rises12 minutes agoShareSaveAdd as preferred on GoogleFaisal Islam,Economics editorandLucy Hooker,Business reporterBloombergBank of England governor Andrew Bailey says the UK's central bank will not rush to make a decision on interest rate rises, despite the world facing what he described as a "very big energy shock".Speaking to the BBC at the meeting of the International Monetary Fund (IMF) in Washington, he said higher oil and...
Shares in Allbirds surge after maker of wool sneakers announces pivot to AI
Rebrand as NewBird AI sent shares up 582% in bizarre and rapid turnaround for firm that had fallen on hard timesAllbirds, the maker of minimalist wool sneakers beloved by Silicon Valley, announced on Wednesday that it is leaving shoes behind and pivoting to artificial intelligence. The new focus and rebrand as “NewBird AI” sent the company’s stock up 582% as of mid-day during a flurry of trading.The surging stock price and new direction is a bizarre, rapid turnaround for a company that had falle...
Stability Breaks Records: What the Forty-Two Percent Drop in Syrian Oil Imports Really Means
The Syrian economy is entering a new phase in which numbers do more than describe reality. They reveal the architecture of a political economy reshaped by the national transition of late 2024 and by the shifting regional landscape that followed. In a country emerging from fifteen years of conflict and operating within a region unsettled by the U.S.–Israeli war on Iran, economic indicators cannot be read in isolation. They reflect the deeper structural forces that produced them. Two forces in par...
Manchester City Back Antoine Semenyo After Racism Abuse
Rabat — Manchester City forward Antoine Semenyo has revealed he is once again the target of online racial abuse this season. After Semenyo posted a screenshot of comments from an anonymous account to his Instagram story with the caption “it’s started again,” Manchester City reportedly stepped in to offer their support. Reflecting a distressing cycle of behavior faced by the athlete this year, the organization has mobilized to provide comprehensive guidance and resources in th...
LABOR SEC CHAVEZ-DeREMER: Trump tax cuts deliver bigger refunds and a big boost for working families
This Tax Day, Americans are seeing historic savings thanks to bold, pro-growth policies and massive tax cuts enacted through President Trump’s Working Families Tax Cuts.In fact, this year’s average tax refunds are up by nearly 11 percent compared to last filing season, and the average refund is more than $3,400.Workers and job creators alike are benefiting from the most pro-worker legislation in American history.Growth for Job CreatorsAs Labor Secretary, I’ve spoken with countless manufacturers,...
Kroll CEO: Private Credit an Evolving, Maturing Market
Kroll CEO Jake Silverman discusses the rapid growth of the private credit market despite a period of ‘growing pains’ from participants trying to separate market reality from market perception. He talks with Katie Greifeld and Romaine Bostick on “The Close.” (Source: Bloomberg)
Johnson Controls Said to Weigh $4.5 Billion in Divestitures
Johnson Controls International Plc is weighing options including a potential sale of two businesses in its security division that together could be worth up to $4.5 billion, according to people familiar with the situation.
US jury finds Live Nation and Ticketmaster subsidiary operated monopoly
Verdict in states’ lawsuit says concert giant stifled competition, raising pressure for changes to ticketing marketA jury has found that concert giant Live Nation and its Ticketmaster subsidiary had a harmful monopoly over big concert venues, dealing the company a loss in a lawsuit over claims brought by dozens of US states.A Manhattan federal jury deliberated for four days before reaching its decision Wednesday in the closely watched case, which gave fans the equivalent of a backstage pass to a...
S&P, Nasdaq Hit Records on Ceasefire Hopes | Closing Bell
Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec. (Source: Bloomberg)
Iran shifts 20M barrels through ‘dark’ offshore oil network bypassing US port blockade, firm says
Iran is moving tens of millions of barrels of oil through covert offshore networks to bypass the new U.S. blockade on its ports, maritime intelligence firm Windward AI says.The blockade, which took effect April 13, came amid a two-week ceasefire and failed peace talks between the U.S. and Iran, and as President Donald Trump insisted the waterway must remain open, through which roughly 20% of the world’s oil passes."Iranian oil distribution continues through indirect routing and offshore transfer...
Wall Street scales fresh record high as investors bet on end of Iran war
The S&P breached 7,000 points for the first time in history, in a rally that erased stark losses incurred at start of warWall Street scaled a fresh all-time high on Wednesday amid growing optimism among investors that the US-Israel war on Iran will soon be over.The benchmark S&P 500 breached 7,000 points for the first time in history, after climbing 0.8% over the course of the day, finishing at 7,022.95. The tech-heavy Nasdaq also rose 1.6% to 24,016.02, its own record high, while the Do...
Amazon.com announces first quarter results - About Amazon
Amazon.com announces first quarter results About Amazon
Grenfell memorial funding approved as peers call for justice for victims
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BOJ Urged to Keep Clear Message on Policy as War Clouds Outlook
Clear communication from the Bank of Japan will be even more important as uncertainty remains high amid ongoing Middle East tensions, the International Monetary Fund’s chief liaison for the country said two weeks before the central bank’s next monetary policy decision.