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'I won £330,000 on the Postcode Lottery using rule most people don't know about'
'I won £330,000 on the Postcode Lottery using rule most people don't know about'Lee Plant, 40, banked the prize on Saturday - and says it's all down to a little-known rule and his mum's adviceCommentsNewsRobert Rowlands Deputy editor, money and lifestyle, content hub14:28, 06 Apr 2026View 6 ImagesA man has scooped £333,000 after he made use of a little-known Postcode Lottery rule. Lee Plant, 40, pocketed the prize on Saturday, April 4 - just two weeks after contemplating...
Dozens of firms risk losing B Corp status after standards overhaul
Tougher ethical certification process requires companies to meet standards in every one out of seven categoriesDozens of companies may be at risk of losing their coveted B Corp ethical status after the organisation behind the corporate kite-marking system raised the standards required to qualify.B Lab, which oversees B Corp certification, launched the biggest overhaul in its 19-year history earlier this month, scrapping a system under which companies must gather enough points across multiple cat...
PIA scraps discounts, cuts and suspends flights as fuel costs soar
Dubai: Pakistan International Airlines (PIA) has scrapped all passenger discounts and scaled back flight operations as surging jet fuel prices strain the carrier’s finances, Dawn reported.A spokesperson for the national airline said concessions would now be limited to children and infants, with all other fare discounts withdrawn as part of a broader cost-control strategy.“The PIA has made a principled decision to end all discounts, with concessions remaining only for children and infants,” the...
All countries to pay toll for passing through Strait of Hormuz — agency
According to the report, the new rules would strictly apply to all non-hostile countries, including friendly ones, as part of Iran’s strategy to partially offset damage from enemy aggression by collecting a security toll in the Strait of Hormuz
Senior Housing-Focused REIT National Healthcare Files for US IPO
National Healthcare Properties Inc., a real estate investment trust, filed for an initial public offering, positioning itself to capitalize on favorable demographic trends associated with a growing elderly population in the US.
Property launches, sales, construction works continue in UAE despite regional conflict
[Editor's Note: Follow Khaleej Times live blog amid US-Israel-Iran war for the latest regional developments.]Property launches, sales, and construction activity continue across Dubai and the UAE despite challenges from the regional military conflict, albeit at a slower pace.Developers say strong escrow reserves are helping them sustain momentum and complete projects on time.Damac Properties, the UAE’s and the Middle East’s largest private real estate developer, led the market in March...
Moody’s cuts India GDP growth forecast amid Iran conflict
The agency has said the war will raise inflation in the South Asian nation, while cutting its forecast to 6% in 2026-27 Rating agency Moody’s has slashed India’s GDP projection for the 2026-27 fiscal year to 6% from 6.8%, citing the ongoing war in Iran. In its latest forecast, the agency said the Middle East conflict will moderate growth momentum and raise inflation risks in the South Asian nation. The co...
هشدار اتحادیه اروپا به کشورهای عضو: بحران انرژی را به بحران مالی تبدیل نکنید
به گزارش فایننشال تایمز، کمیسر اقتصادی اتحادیه اروپا به کشورهای عضو هشدار داد صرف هزینههای زیاد خارج از بودجه برای مهار قیمت سوخت، «پیامدهای مالی جدی» خواهد داشت.
Newsom's California rail project now expected to cost $126B, official admits, with still no tracks laid
California's delayed, over-budget high-speed train from Los Angeles to San Francisco is running fast only in one direction: Rising costs to even get rolling, which are now estimated to be $126 billion."Today, we estimate with the right optimization just over $125 billion," California High Speed Rail Authority board member Anthony Williams told CBS's "60 Minutes" on Sunday. "I think $126 billion is the current estimate for that."That is nearly four times the $33 billion price tag presented to vot...
OpenAI calls for sweeping economic reforms amid rapid growth of artificial intelligence
OpenAI on Monday called for sweeping reforms to address the rapid growth of artificial intelligence, including a public wealth fund, taxes on automated labor, and a potential four-day workweek. "We're beginning a transition toward superintelligence: AI systems capable of outperforming the smartest humans even when they are assisted by AI. No one knows exactly how this transition will unfold. At OpenAI, we believe we should navigate it through a democratic process that gives people...
Risk-On Equities Investors Choose Panic Buying Over Panic Selling
Matt Miskin, co-chief investment strategist at Manulife John Hancock Investments, says investors are looking to the dips to add to equities here as he examines market sentiment surrounding the Iran war. (Source: Bloomberg)
Dh147m investment to create 500 jobs across KEZAD Abu Dhabi, Al Ain industrial zones
Dubai: KEZAD Group said on Monday it has secured five new industrial and logistics projects across Abu Dhabi and Al Ain, with total investments of Dh147 million and a combined area exceeding 84,000 square metres.The projects are expected to generate around 500 jobs, the company said in a statement.Get updated faster and for FREE: Download the Gulf News app now - simply click here.Four projects will be located in KEZAD Al Ain, accounting for more than 37,400 square metres, Dh47 million in invest...
PIA cuts operations, ends discounts amid rise in jet fuel prices due to war on Iran
ISLAMABAD: The Pakistan International Airlines has ended all discounts being provided to passengers, with concessions remaining in place only for children and infants, and has also cut its flight operations due to the continuous rise in the prices of jet fuel, the national carrier’s spokesperson said on Monday. In recent weeks, jet fuel (JP-1) rates have soared amid global supply chain uncertainty spurred by the US-Israel war on Iran. “The PIA has made a principled decision to end all discounts,...
India’s Refiners Delay Maintenance to Stabilize Fuel Supplies
Indian Oil Corp. and Bharat Petroleum Corp. have delayed routine maintenance at some of their units to ensure adequate supplies in the world’s third-largest oil consumer, according to a senior government official.
Iran threatens Bab al-Mandeb closure: How would that affect world trade?
If the chokepoint were shut, along with the Strait of Hormuz, a quarter of the world's energy supply would be blocked.
UAE extends Nafis Emiratisation programme to 2040 with new family support measures
Abu Dhabi: The UAE will extend its flagship Emiratisation programme Nafis until 2040 and introduce new family-focused benefits aimed at strengthening social stability and supporting Emirati participation in the private sectorThe move, made in implementation of directives from President His Highness Sheikh Mohamed bin Zayed Al Nahyan, reflects a long-standing national approach that places citizens at the centre of development policy and positions national talent as a key driver of the count...
Qatar LNG Vessels U-Turn After Attempt to Pass Through Hormuz
Two tankers carrying liquefied natural gas from Qatar appear to have abandoned an effort to exit the Persian Gulf via the Strait of Hormuz — delaying what would have been the first exports to buyers outside of the region since the war started.
Hong Kong restaurant revenues drop over Easter break as departures outnumber arrivals
Hong Kong’s catering sector registered an estimated 6 to 7 per cent drop in business over the long weekend, according to an industry representative, as potential revenue gains from the 15 per cent increase in mainland Chinese tourists on the first three days of the Easter break failed to offset losses from the 1.7 million outbound trips by local residents. Industry leaders also said on Monday the trend of locals travelling across the border and abroad during long weekends had become a “new...
Thailand PM calls for energy saving as Middle East conflict drives price surge
Anutin Charnvirakul warns country is vulnerable over reliance on oil imports as countries across Asia introduce conservation measuresThailand’s prime minister, Anutin Charnvirakul, has called on the public to conserve energy, urging work-from-home measures and carpooling, as he warned of the impact of the conflict in the Middle East.In a statement posted on social media, Anutin said Thailand was exposed to the crisis because of its reliance on imported oil and gas, and the country could not be c...
UAE announces extension of Nafis programme until 2040
UAE announced the extension of the Nafis programme until 2040. The announcement was made by Sheikh Mansour bin Zayed Al Nahyan, UAE's Vice President and Deputy Prime Minister, and Chairman of the Presidential Court.Under the directives of UAE President Sheikh Mohamed bin Zayed Al Nahyan, the initiative seeks to advance sustainable Emiratisation, empower national talent, and strengthen its role in the labour market as a key driver of the national economy.Key initiativesA new programme launched t...