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LAUGFS Gas PLC announced yesterday that the company has commenced island-wide distribution, releasing approximately 30,000 LPG cylinders daily following the resumption of filling operations at both the Hambantota and Mabima plants.
India’s airport tariff regulator has ordered major airports to cut landing and parking charges by 25% for three months for domestic flights, offering relief to the country’s airlines that are under financial pressure due to the Iran war.
A growing number of companies are cutting production of PVC, used to make water pipes and other products. (Shin-Etsu Chemical)
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
By Farhad Ibragimov – lecturer at the Faculty of Economics at RUDN University, expert and lecturer at the Department of Political Science, Faculty of Social Sciences and Mass Communications, Financial University under the Government of the Russian Federation
Under Armour CEO Kevin Plank has once again cut the asking price on his massive thoroughbred racing farm in northern Baltimore County, Maryland, as the historic farm - once owned by the Vanderbilt family - continues to sit on the market amid a series of deep price cuts.
Traders work on the floor at the New York Stock Exchange (NYSE) on Apr. 8. © Reuters
Federal Reserve Chair Jerome Powell addresses students at Harvard University, Monday, March 30, 2026, in Cambridge, Mass. (AP Photo/Charles Krupa)
Federal Reserve officials at their March meeting still expected to lower interest rates this year, even with a high level of uncertainty from the Iran war and tariffs, according to minutes released Wednesday.Most of the participants said the war could result in the need for easier monetary policy if rising gas price…
Kalshi is becoming more popular by the day and the prediction market is offering an incentive to attract new users. With the Kalshi promo code NYPMAX, first-time users looking to make predictions on the NBA playoffs can trade $10 and get $10 on the rapidly expanding prediction platform.
Blue Owl stocks is getting slammed this morning, erasing all early gains, after Moody's Ratings cut its outlook on a $36-billion Blue Owl non-traded fund to "negative" from "stable" on Tuesday, citing redemption requests that were significantly higher than at peers in the first quarter. Moody's also said the change …
Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an economy in tatters, little prospect of rapid recovery, and an impoverished, embittered population.
Corporate bankruptcies have risen in Japan for four straight years. (Photo by Rie Ishii)
The central banks of the UAE and Bahrain have signed a Dh20 billion ($5.4 billion) currency swap agreement to reinforce monetary co-operation and support trade and investment between the two countries.
LONDON — Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran agreed a temporary ceasefire that could lead to the Strait of Hormuz reopening.
By Dmitry Trenin, a research professor at the Higher School of Economics and a lead research fellow at the Institute of World Economy and International Relations. He is also a member of the Russian International Affairs Council (RIAC).
By Dmitry Trenin, a research professor at the Higher School of Economics and a lead research fellow at the Institute of World Economy and International Relations. He is also a member of the Russian International Affairs Council (RIAC).
COPENHAGEN — The war on Iran has upended the global economic outlook overnight. Oil supply routes have been shut down and prices have surged. Every central bank, finance ministry and economic forecaster is scrambling to answer the same question: what happens next?
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Meta is debuting its first major artificial intelligence model since the costly hiring of Scale AI's Alexandr Wang nine months ago, as the Facebook parent aims to carve out a niche in a market that's being dominated by OpenAI, Anthropic and Google.
Electric Avenue, a contractor in the Portland, Ore., employs 12 people, most of whom are under the age of 40, a point of pride for the company’s owner, Jack Marquardt.Credit...Video by Amanda Lucier
Three-time Grammy-winning country music star Miranda Lambert’s childhood home has sold — and it didn’t take long at all for the property to find its new owner.
April is here, and it feels like everyone (and their mother) is congested.
Leicester City have lost their appeal against their six-point deduction for breaching English Football League financial rules.
In backing down on his threats to destroy Iranian civilisation, Donald Trump has lessened concerns of a recession in Australia – at least for now
Immediate, but temporary, relief. That's the initial economic response to news of a two-week ceasefire: stock markets across the globe rallied, while the price of crude oil plunged.
Iran plans to require shipping companies to pay transit tolls in Bitcoin for vessels passing through the Strait of Hormuz, according to a Financial Times report.
Don’t be popping those champagne corks yet: Europe’s economy will still be hurting from the war in the Middle East for months — and maybe longer.
As Israel contemplates a two-week ceasefire announced by United States President Donald Trump in the war on Iran on Tuesday night, it appears weakened in the eyes of its opponents and critics. Its arch-nemesis, Iran, is still standing; Israel’s defensive stock of missiles is depleted and its prime minister is facing…
Beijing is counting on services to rebalance growth as it faces economic headwinds and demographic challenges
Beijing is counting on services to rebalance growth as it faces economic headwinds and demographic challenges
The European Parliament's AGRI committee voted to support the deal struck by co-legislators on targeted amendments to the EU's Common Market Organisation rules for agricultural products.
Iran, the United States and Israel reached a tentative, two-week ceasefire Wednesday in the war that tore across the Middle East and disrupted the global energy market, with U.S. President Donald Trump pulling back from his threats to destroy Iranian “civilization.” But questions immediately emerged over what appear…
BEIJING, April 8, 2026 /PRNewswire/ -- SANY Heavy Industry (600031.SH, 06031.HK) reported its 2025 financial results. Revenue rose 14.73% year over year to $12.49 billion. Net profit attributable to shareholders climbed 41.18% to $1.18 billion. Net cash generated from operating activities came in at $2.80 billion, u…
Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order
Billionaire investor urges Chinese and US elites to ‘rise above ourselves’ and safeguard global well-being amid a changing world order
War delivers a bigger hit to the economy than natural disasters or governments defaulting on debt, new research has revealed, alongside warnings that any substantial increase in defence spending will require cuts to health and education services.
The World Bank expects economic growth in the Middle East to slow to 1.8 per cent this year as a result of the Iran war, warning the fallout can result in long-term “scarring”.
US futures, global stocks and bonds are sharply higher while oil prices plunge the most in years as a wave of optimism swept through global markets after the US and Iran agreed to a two-week ceasefire in exchange for Tehran reopening the Strait of Hormuz: JPMorgan's Market Intel desk, which moves from Neutral to Tac…
Federal Reserve is no longer seen as a ‘safe’ place for nations to store gold as Trump’s unpredictability spooks the world’s central banks
Federal Reserve is no longer seen as a ‘safe’ place for nations to store gold as Trump’s unpredictability spooks the world’s central banks
Grab's chief product officer, Philipp Kandal, introduces an array of new features to its app, including AI-backed services, in its biggest market, Indonesia, on Apr. 8. (Photo by Natsumi Kawasaki)
Local cinemas earn HK$25.93 million in first four days of holiday, double the figure year on year from the 2025 Easter break
Local cinemas earn HK$25.93 million in first four days of holiday, double the figure year on year from the 2025 Easter break
Previous slideNext slide Travellers pose in front of a giant interactive cat installation in the arrivals hall at Hong Kong International Airport. AFPInfo A Djiboutian flag decorates a market stall in the capital city as residents and traders take advantage of the cooler evening hours, days before presidential elect…
The new owner will serve as the Australian town’s postie, publican, cook and shopkeeper
When it opened 40 years ago, the bank’s new headquarters was the most expensive building in the world