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BlackRock CEO Fink’s 2025 compensation rises to $37.7 million
BlackRock CEO Larry Fink’s 2025 compensation rose to $37.7 million, a proxy filing from the asset manager showed on Friday, following a banner year for the world’s largest asset manager. The pay package included a $1.5 million base salary and a bonus of $10.6 million, the filing show...
India at 116: Why India’s growth isn’t translating into happiness
Despite India's rapid economic growth, the World Happiness Report ranks it low, highlighting that material progress alone doesn't ensure well-being. Factors like urbanization pressures, job insecurity, and evolving social structures contribute to lower life satisfaction, underscoring the need for a...
OpenAI founder proposes to remove income tax on Americans earning less than $100k
Venture capitalist Vinod Khosla proposes eliminating federal income tax for Americans earning under $100,000, funded by higher capital gains taxes. He believes this addresses AI-driven job loss fears, a major concern for voters. Khosla also critiques current political approaches to AI, seeking a "su...
Foreign investors stay on selling spree, pull out record Rs 1.14 lakh cr in March
Foreign investors withdrew a record Rs 1.14 lakh crore from Indian equities in March, driven by Middle East tensions, rupee pressure, and concerns over high crude oil prices impacting growth. This significant outflow follows a period of strong inflows in February and reflects a broader risk aversion...
Banks Urge RBI to Relax New Rules as $30 Billion Unwinding Looms
Lenders in India are urging the central bank to relax tighter rules for foreign-exchange transactions, which came as bets that could exert strain on the rupee climbed to at least $30 billion, according to people familiar with the developments.
He wants children's bikes made in the U.S.A. — and tariffs against his rivals
Nearly all the bicycles sold in the United States are made overseas. An Indiana company set out to change that — and it's seeking a push from the Trump administration's tariffs.
Australia’s Karratha LNG plant closed after cyclone amid fuel shortages
At least one of the world’s largest LNG plants remained closed on Sunday after a cyclone knocked out power to thousands of people in Western Australia. The outages were restricting already stretched fuel supplies caused by the war in the Middle East. Woodside Energy, which processes fuel from one of...
Strait of Hormuz chokehold: What is happening to petrol prices in India and neighbouring nations amid oil supply crunch?
Global crude markets are strained as Middle East conflict escalates, pushing oil prices up and impacting fuel supplies worldwide. Countries like India, Nepal, Bhutan, Pakistan, Sri Lanka, Myanmar, and Bangladesh are implementing measures such as price adjustments, import increases, and conservation...
Drap dismisses reports of essential medicine price hikes amid global supply chain uncertainty
The Drug Regulatory Authority of Pakistan (Drap) on Sunday dismissed reports of price hikes in essential medicines across the country, stating that the rates have not “undergone any upward revision”. The statement comes as stakeholders in recent news reports alleged that an unprecedented increase in...
China’s high-end yacht owners say industry growth stifled by structural gaps
As the country with the world’s largest cohort of billionaires, China is no stranger to wealthy elites engaging in luxurious leisure activities, but one common pastime in the West does not seem to have attracted a commensurate level of interest across the Pacific – yachting. While Chinese e-commerce...
US man sells home for $1 million using ChatGPT, reveals what got highest return
A Miami man successfully sold his house for nearly $1 million by leveraging ChatGPT for the entire process, from pricing and marketing to negotiations. The AI tool even advised on cost-effective home improvements, leading to a sale price significantly higher than local agent estimates. While the AI...
Finance chief says Hong Kong remains stable as oil prices surge amid global turmoil
Hong Kong authorities are closely monitoring rising tensions in the Middle East and the resulting volatility in global oil prices, although the immediate impact on the city’s economy remains limited, the finance chief has said. Financial Secretary Paul Chan Mo-po also said on Sunday that, while inte...
$174 Jet Fuel: The Refinery Bottleneck Defying Trump’s Oil Strategy - Emirates 24|7
$174 Jet Fuel: The Refinery Bottleneck Defying Trump’s Oil Strategy Emirates 24|7
$850 Billion Wipeout: Big Tech’s "Magnificent Seven" Hit by AI Sell-Off - Emirates 24|7
$850 Billion Wipeout: Big Tech’s "Magnificent Seven" Hit by AI Sell-Off Emirates 24|7
UAE Real Estate Hits Record Highs: AED422M Luxury Sale and AED6B Project Sell-Out in 72 Hours - Emirates 24|7
UAE Real Estate Hits Record Highs: AED422M Luxury Sale and AED6B Project Sell-Out in 72 Hours Emirates 24|7
Demand for 22K and 24K gold and jewellery rebounds in UAE as prices drop by over Dh100
Two India-bound LPG tankers clear Strait of Hormuz, government says
India says total of 18 Indian-flagged vessels with 485 Indian seafarers remain in western Gulf region
UP woman finds Rs 10 crore in her bank account, says take it back
UP woman finds Rs crore in her bank account says take it back
UAE law: Can you get compensatory leave or extra pay if you worked on Eid?
UAE law: Can you get compensatory leave or extra pay if you worked on Eid?
Leadership Row Erupts at Philippine Conglomerate Over ABS-CBN Capital Infusion
A leadership dispute within Lopez Inc., one of the Philippines’ biggest conglomerates, led to the ouster of its president over what he said was a disagreement over a 2-billion peso ($33 million) capital infusion for media unit ABS-CBN Corp.