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Big Take: Surging Gas Prices Are Driving EV Interest
Today on the Big Take podcast, Todd Woody and Akshat Rathi join Sarah Holder to trace what tumultuous oil prices could mean for consumers as well as corporate and government investment in green energy. (Source: Bloomberg)
Goldman Says Dollar Strength Will Fade If Iran War Hits Growth
The dollar’s rally since the start of the war in Iran could slow if currency and rates markets shift focus from the inflationary consequences of the conflict to growth concerns, according to foreign exchange strategists at Goldman Sachs.
More Americans pessimistic about job market: Gallup
A vast majority of Americans expressed decreased confidence in the U.S. job market at the end of last year, according to the results of a poll released this week.   The Gallup survey found that 72 percent of respondents believed it was a “bad time” to find a new role at the end of 2025, co...
West Asia war impact: Mumbai's dabbawalas hit by gas cylinder shortage
West Asia war impact Mumbais dabbawalas hit by gas cylinder shortage
Six Dubai Real Estate Bonds Fall Into Distress as War Rolls On
Bonds issued by two Dubai property developers have fallen into distressed territory, with investor concern mounting over credit quality and refinancing risks as the war in the Middle East rolls on for a fourth week.
Estée Lauder in Talks to Buy Puig to Create Beauty Giant
Estée Lauder said it’s in talks to buy Puig Brands in a deal that would create a cosmetics giant with about $20 billion in annual sales. The companies declined to offer details on the terms. Puig, based in Spain, has a market value of about €10 billion ($11.6 billion), while Estée Lauder closed on M...
Estate of Mike Lynch ordered to pay £920m to Hewlett-Packard
Ruling linked to takeover of Autonomy in 2011 comes two years after tech tycoon died in superyacht disasterThe estate of late British tech tycoon Mike Lynch has been ordered to pay £920m to the technology company Hewlett-Packard (HP) two years after he died in a superyacht disaster.The ruling by Lon...
Did the US Iran war trigger the death of dollar's dominance?
Did the US Iran war trigger the death of dollars dominance
Ares, Apollo Cap Private Credit Fund Withdrawals as Exodus Grows
Two of the biggest names in private credit, Ares Management Corp. and Apollo Global Management Inc., blocked investors from getting even half of the money they wanted out of their funds, a sign of mounting strain in the $1.8 trillion market. The $10.7 billion Ares Strategic Income Fund limited withd...
Rs8.5b water, sewerage schemes approved
Projects include new tube wells and replacement of outdated sewerage network
Canada Pushes Shipping More Gas to US for Gulf Coast LNG Exports
Canadian Energy Minister Tim Hodgson pitched increasing natural gas flows to the US, aimed at boosting LNG exports from the Gulf Coast and meeting rising power demand from artificial-intelligence data centers.
RCB's valuation increases by a staggering 1495 percent in 18 years
Vijay Mallya's initial purchase of Royal Challengers Bengaluru for $111.6 million was driven by brand promotion, not cricket passion. Now, after an 18-year journey under Diageo's ownership and a name change to Royal Challengers Bengaluru, the franchise has been sold for a staggering $1.78 billion,...
US tax overhaul's lure could be deceptive
Chinese scholars said market expectations should remain objective on Washington's approval of a tax overhaul and they expect its benefits targeting special groups in the United States will be limited.
UK defence firms ‘bleeding cash’ as delayed spending plan leaves industry in ‘paralysis’
Industry groups say delay to defence investment plan (DIP) leaving UK behind in global race for fundingDefence manufacturers are going bust while others have been left in “paralysis” and “bleeding cash” as they wait for a long-delayed UK military spending plan for the next decade, MPs have heard.Ind...
Pakistan’s petrol cargoes for March and April ‘largely secured’: finance ministry
The members of the committee formed to monitor petrol prices were told on Tuesday that cargo inflows were continuing as scheduled and petrol cargoes for the current month and for April had “largely been secured”, with additional shipments planned to further strengthen supply buffers. According to a...
Aditya Birla Group, TOI Group, Bolt Ventures & Blackstone acquire RCB for $1.78 billion
A consortium including Aditya Birla Group, Times of India, Bolt Ventures, and Blackstone has acquired Royal Challengers Bengaluru (RCB) for $1.78 billion. This landmark deal encompasses both the men's and women's IPL and WPL franchises from United Spirits. Aryaman Vikram Birla will chair the team, w...
Aditya Birla Group, TOI Group, Bolt Ventures & Blackstone acquire RCB for $1.78 billion
A consortium including Aditya Birla Group, Times of India, Bolt Ventures, and Blackstone has acquired Royal Challengers Bengaluru (RCB) for $1.78 billion. This landmark deal encompasses both the men's and women's IPL and WPL franchises from United Spirits. Aryaman Vikram Birla will chair the team, w...
Who profits from a world at war? Inside the global boom in arms transfers
Europe’s defence budgets are up 60% since 2020, Asia is rapidly rearming and the US arms industry is the big winner Read Full Article at RT.com
Chevron Plans to Buy Oil From Sable for California Refinery
Chevron Corp. is planning to buy some of the first shipments of crude from Sable Offshore Corp.’s platforms off the coast of Santa Barbara, weeks after the Trump administration green-lit the restart of production.
United CEO Warns Fares May Have to Rise 20% to Cope With Oil
United Airlines CEO Scott Kirby says ticket prices may have to go up by 20% if jet fuel prices remain elevated for longer during an interview with Lisa Abramowicz on "Bloomberg Open Interest." (Source: Bloomberg)