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Outrage after Odisha man carries skeleton to bank
A tribal man in Odisha faced outrage after carrying his sister's skeletal remains to a bank to claim her savings; the bank later processed the claim.| India News
UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns
Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflictBritain is facing a £35bn economic hit and the risk of a recession this year as the fallout from the Iran war adds to the pressure on Keir Starmer’s government, a leading thinktank has warned.The National Institute of Economic and Social Research (Niesr) said that even under a best-case scenario the UK economy would grow at a much slower pace this year and next because of the Middle Ea...
Goldman stops bankers using Anthropic’s Claude in Hong Kong
Employees were unable to access company’s AI models as of a few weeks ago
Locations where it typically takes longer to sell a home than last year revealed
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UAE Exit Blindsides OPEC and Threatens to Shake Its Grip on Oil
The shock decision by the United Arab Emirates to quit OPEC blindsided its partners of six decades. Now the cartel will have to fight to stay relevant in a fast-shifting global oil market.
Gold Steady After Two-Day Drop as Iran War Fans Inflation Fears
Gold steadied after a two-day drop as investor focus remained on talks between the US and Iran, with the indefinite closure of the Strait of Hormuz continuing to heighten inflation risks.
Bank Groups Eye Changes to Fed’s Relaxed Capital Proposals
Bank groups said that although the Federal Reserve’s eased capital plans are a major improvement over previous versions, the recent proposals still need changes to help avoid risk assessments they say may hinder banks’ ability to boost lending.
Vale Falls Short as Seasonal Pressures Offset Stronger Prices
Iron-ore giant Vale SA posted disappointing first-quarter results as operational pressures more than offset higher prices and volumes.
Pernod Ricard ends pursuit of Jack Daniel’s maker Brown-Forman
French group’s retreat could bolster a rival bid from fellow Kentucky drinks maker Sazerac
Death proof sought for withdrawal, Odisha tribal man takes sister's skeleton to bank
India News: Keonjhar: A tribal man carried the skeletal remains of his sister to a bank in Odisha to prove that she was dead in order to claim Rs 19,402 she had l.
Tensions push WTI near $100, Brent above $111 as Hormuz risk hangs over global energy markets
Oil prices continued their upward trajectory as of early Wednesday, April 29, 2026, driven by persistent anxieties surrounding the ongoing risks faced by tankers crossing the Strait of Hormuz.According to the latest market data from 5:54 AM Beijing time, benchmarks showed significant gains across the board, even as traders digest the UAE's decision to quit OPEC and OPEC+ effective May 1, 2026.Hormuz Strait 'toll': Oil prices drift back to $100/barrel mark — what it will take to get things going...
Judge denies Sam Bankman-Fried new trial after financial fraud conviction
Sam Bankman-Fried was convicted of masterminding one of the largest financial frauds in history stemming from the collapse of the crypto-exchange FTX.
Morocco Hosts Conference to Discuss Importance of Sustainable Marine Sector
Rabat – A high-level conference today in Rabat convened speakers and experts to discuss efforts seeking to strengthen national initiatives for preserving marine ecosystems. Zakia Driouch, Secretary of State to the Minister of Agriculture, presided over the conference held under the theme “Marine Protected Areas and the Blue Economy: Issues and Challenges.” The event is in collaboration with Global Fishing Watch, a statement from the Secretariat of State in charge of Maritime Fisheries said...
FT calls UAE's withdrawal from OPEC big blow for cartel and Saudi Arabia
According to the article, it will be possible to fully assess the consequences of the step after the resumption of energy transportation through the Strait of Hormuz
BP profits double in boost for new boss as oil price hits $112 per barrel for first time since March
As the price of oil rose back above $112 a barrel for the first time since the end of March, BP posted profits of £2.4bn for the first three months of the year.
First Independence Bank CEO: Fed is Doing a 'Fine Job'
First Independence Bank Chairman & CEO and Chair of the American Bankers Association Kenneth Kelly discusses the importance of stability in the banking system and why the Fed is doing a fine job given the uncertainty. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Barclays curbs risky lending to shadow banks after taking £228m hit on collapsed UK mortgage provider
The Market Financial Solutions (MFS) charge pushed the sum Barclays has set aside for souring loans up by 28% to £823m.
Why the US Is Working Less Than Before
The US still works more than most other countries, but that gap is starting to close. Bloomberg Opinion columnist Allison Schrager explains why. (Source: Bloomberg)
Fed May Take 2% Inflation Goal off Table, Hoenig Says
Federal Reserve Bank of Kansas City Former President & CEO Thomas Hoenig discusses the Fed possibly taking the 2% inflation target off the table, the challenges facing Kevin Warsh, and previews Wednesday's rate decision. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)
Booking’s 2Q Guidance Misses on Middle East Impact, Shares Slide
Booking Holdings Inc reported worse-than-expected second-quarter guidance for revenue as the Middle East conflict is expected to impact travel demand through the end of June.