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Architect Norman Foster on Hong Kong's Ever-Changing Skyline
The legendary architect sits down with Bloomberg to discuss Hong Kong's cityscape and his vision for the future. He's visiting Hong Kong to celebrate the 40th anniversary of the HSBC building in the city. (Source: Bloomberg)
Oil price rises as markets question durability of Middle East ceasefire
Gas prices also increase, while global stock markets slip back after strong rally on WednesdayBusiness live – latest updatesOil and gas prices rose on Thursday and Asian stock markets retreated as the two-week ceasefire in Iran looked increasingly shaky, with Israel continuing attacks on Lebanon and the US and Iran threatening a return to military action.A day after the US and Iran announced an 11th-hour ceasefire, including an agreement to reopen the strait of Hormuz, many questions remain and...
Oil Unlikely to Go Back to Pre-War Prices, Energy Aspect Says
Energy Aspects Global Gas Head Livia Gallarati discusses energy markets amid the fragile ceasefire between the US and Iran. Speaking on Bloomberg Television, she says both oil and gas facilities will take time to ramp up. "Anything new is probably not going to be coming into the Strait [of Hormuz]. Shipowners don't have that risk appetite for now," Gallarati says. Asked whether prices will fall back to pre-war levels, she says: "I wouldn't put my money on that." (Source: Bloomberg)
India’s Generic Copies Dent Eli Lilly’s Sales
The flood of cheap copies of Novo Nordisk A/S’ blockbuster drug semaglutide in India is already reshaping the country’s fast-growing obesity market, cutting into Eli Lilly & Co.’s early lead and offering a first real test of how Novo may fare as its patents expire worldwide.
Dangote Targets $40 Billion Investment in Africa Expansion Drive
The Dangote Group will need at least $40 billion of investment to fund a growth drive over the next five years that includes quadrupling fertilizer output and more than doubling its oil refinery capacity, the African Export-Import Bank said.
Amazon plans to invest $25 billion in Mississippi data centers, create 2,000 jobs - About Amazon
Amazon plans to invest $25 billion in Mississippi data centers, create 2,000 jobs About Amazon
DIEZ unveils economic measures to support businesses across Dubai’s free zones - Emirates 24|7
DIEZ unveils economic measures to support businesses across Dubai’s free zones Emirates 24|7
CEO Andy Jassy’s 2025 Letter to Shareholders - About Amazon
CEO Andy Jassy’s 2025 Letter to Shareholders About Amazon
UAE drives logistics sector transformation to strengthen regional supply chains - Emirates 24|7
UAE drives logistics sector transformation to strengthen regional supply chains Emirates 24|7
Trafigura Signs Offtake, Financing Deal With Ghanaian Gold Miner
Trafigura Group signed an offtake agreement with Ghana’s Heath Goldfields Ltd. to purchase 700,000 ounces of gold doré, while also providing debt financing, as it pushes further into precious metals markets.
Galp Energia Buys Wind Portfolio in Spain in €320 Million Deal
Galp Energia SGPS SA has agreed to acquire an onshore wind portfolio in Spain from Helia Funds in a transaction valued at €320 million ($373 million), as Portugal’s largest oil company accelerates efforts to diversify its clean energy portfolio beyond solar.
Oil Rises as Strait of Hormuz Remains Blocked
Oil rebounded after its biggest one-day drop since April 2020, as the Strait of Hormuz remained largely blocked and Israeli attacks on Lebanon threatened to derail the fragile ceasefire between the US and Iran. Bloomberg’s Anthony di Paola reports. (Source: Bloomberg)
Insight with Haslinda Amin 4/9/2026
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)
China Considers Financial Aid for Airlines Hit by Oil Shock
China is considering financial relief and other measures for its struggling state-run airlines as the Iran war sends fuel costs soaring, according to people familiar with the matter, in what could be the industry’s biggest lifeline since the Covid pandemic.
Australia eyes new fuel supply from US, Mexico and Asia as diesel prices spike to record high
Shipments of fuel into Australia were secure until at least the middle of May, the energy minister said on ThursdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia could get more fuel from the US, Mexico or its Asian neighbours, with a new government policy helping refineries bid for oil shipments as diesel prices spike to new record highs.Prime minister Anthony Albanese is flying to Singapore on Thursday to lock in ongoin...
Gold prices in Pakistan fall amid decline in global market
Gold prices in Pakistan declined on Thursday, reflecting losses in the international market, impacting both investors and consumers. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), the price of gold per tola decreased by Rs9,500, reaching Rs494,662. Similarly, the price of 10-gram gold dropped by Rs8,415, settling at Rs424,092. The international gold price also fell, dropping by $95 to $4,723 per ounce, with an additional premium of $20. In parallel, sil...
TPG Is Said to Pick Advisers for Asia OneHealthcare Sale or IPO
TPG Inc. has chosen Malayan Banking Bhd. and UBS Group AG to help evaluate options for Asia OneHealthcare Sdn., including a sale or initial public offering, according to people familiar with the matter.
Energy crisis as catalyst
IN September 2025, Prime Minister Shehbaz Sharif declared a climate emergency. Most ministries ignored it. The government lurched from one fiscal crisis to the next, eyes fixed on the IMF programme, ignoring the energy transition the country desperately needed. Then came March 2026. The US-Israeli war on Iran closed the Strait of Hormuz, and the consequences for Pakistan were immediate and brutal. Prior to the announcement of the ceasefire, petrol had jumped by about 20 per cent in a week. LNG s...
Wheat Moves Higher on Iran Ceasefire Uncertainty, Crop Survey
Wheat futures have moved higher in the face of growing signs of fragility in the ceasefire pact between the US and Iran in the Middle East, with any reigniting of tensions likely to threaten further supply chain disruptions and price rises for vital farm inputs.
When Will Shipping Resume in the Strait of Hormuz?
Iran and the US agreed to a pause in fighting in exchange for the opening of the strait, but a lack of clarity on what was agreed and continued fighting — including Israeli strikes in Lebanon — have raised questions about the ceasefire. UWA Defense and Security Institute Adjunct Professor Jennifer Parker breaks down the situation. (Source: Bloomberg)