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US Not Considering an Energy Export Ban, Secretary Wright Says
US Energy Secretary Chris Wright says the US is “absolutely not” studying a ban on energy exports amid rising oil prices. Wright discusses Iran’s oil storage capacity, the Trump administration’s stance on negotiations with Iran, and plans for pipeline agreements in Europe. (Source: Bloomberg)
Sharjah disburses Dh9.1m to owners of older taxi plates
The Sharjah Roads and Transport Authority (SRTA) has begun disbursing Dh9.14 million in annual payments to 4,572 owners of older taxi licence plates, in a move aimed at supporting low-income groups.The SRTA said each eligible beneficiary will receive Dh2,000 for 2025, in line with directives of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The authority said the...
Russia to transfer first unit of Rooppur NPP to Bangladesh later this year — Rosatom CEO
This unit is a replica of its 'elder brother' - the new units at the Novovoronezhskaya NPP, Alexey Likhachev said
What Blocks MENA Firms From Growing? A Bank Al-Maghrib Study Responds
Marrakech – A new working paper published this month by Bank Al-Maghrib (BAM) has identified political instability, limited access to finance, and informal competition as the three binding constraints holding back firm growth across the Middle East and North Africa, including Morocco. The study, authored by central bank researchers Hicham Doghmi and Kamal Lahlou, analyzed firm-level data from the World Bank Enterprise Surveys covering 18,697 formal firms across 11 MENA countries surveyed b...
Barrick Picks New York for Gold Spinoff Later This Year
Barrick Mining Corp. said it plans to list its North American operations in New York and reaffirmed that it’s on track to complete the initial public offering by the end of this year.
BYD Quarterly Profit Drops to Lowest in Years Amid Price War
BYD Co.’s quarterly profit tumbled to its lowest level in more than three years as the the world’s largest maker of electric vehicles offered more discounts on its cars to fend off mounting competition.
First power unit of Rooppur NPP commissioned — TASS correspondent
The loading of nuclear fuel into the reactor of the first power unit marks a key milestone at the construction site
Investments in AI exceed funding of US nuclear weapons technology — Russian official
Investments in generative artificial intelligence in just one year exceeded $450 billion, or about twice the entire expenditure on the Apollo program, Russian Presidential Administration Deputy Chief of Staff Maxim Oreshkin said
Bank of Canada Likely to Hold as Oil Shock Hits
The Bank of Canada is likely to hold interest rates steady as officials weigh the inflationary impact of the war in Iran against the economic damage wrought by US tariffs.
A bank visit with sister's skeleton: What's the story behind distressing visuals from Odisha's Keonjhar
A man in Odisha carried his sister's skeletal remains to a bank in an attempt to withdraw money after allegedly facing repeated refusals.| India News
NS&I puts new issues of British Savings Bonds on sale with higher rates
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Transneft to further expand capacity of ESPO pipeline system by 2029
Meanwhile, there are currently no plans to increase the volume of pipeline oil exports to China, Vice-President Sergey Andronov added
Sensex, Nifty slip amid RBI norms, global cues; banks lead decline
Sensex Nifty slip amid RBI norms global cues banks lead decline
Man digs up sister's skeleton, takes it to bank to prove death to withdraw money
Man digs up sisters skeleton takes it to bank to prove death to withdraw money
UK Bond Selloff Sends 10-Year Yield Back to 5% Ahead of BOE Meet
The UK’s government bonds are sliding on pressure from surging oil prices and political risks, sending the 10-year yield back above 5% for the first time in a month.
China's 'do-anything' economy forcing educated workers into gig jobs: Report
Chinas doanything economy forcing educated workers into gig jobs Report
Grocery price inflation falls to lowest level in a year
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Will the Fed cut rates? Here's what to expect at Wednesday's meeting.
MoneyWatch Will the Fed cut interest rates? Here's what to expect at Wednesday's meeting. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } By Mary Cunningham Mary Cunningham Reporter, MoneyWatch Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Read Full Bio Mary Cunningham April 28, 2026 / 6:00 AM EDT / CBS News Add CBS News on Googl...
Brit father-and-son wine entrepreneurs are sued by Italian state body for 'misusing the Prosecco name' and selling 'fake fizz'
Brit father-and-son wine entrepreneurs are sued by Italian state body for 'misusing the Prosecco name' and selling 'fake fizz'By ROBERT FOLKER, NEWS REPORTER Published: 10:58, 28 April 2026 | Updated: 11:01, 28 April 2026 e-mail View comments
Oil Shock Starts to Seep Into Earnings and Stock Prices
More bitter surprises may be in store in this week’s flood of results.