Business
Business
Markets Record Highs Despite Iran War Fallout
New York/Seoul: Markets in the United States, Japan, South Korea and Taiwan reached record highs on Wednesday, May 6, 2026,…
Australia Fuel Stockpiles Get A$10 Billion Boost
Sydney, Australia: Australia will spend A$10 billion, about USD 7.22 billion, to boost national fuel stockpiles and establish a permanent…
Oil Prices Fall as Trump Signals Iran Deal Progress
Oil prices fell for a second day on Wednesday after US President Donald Trump indicated progress toward a possible peace…
Fashion Repair Services Expand from Chanel to Uniqlo
Fashion repair services are expanding across luxury, mainstream and performance brands as companies seek to extend garment life and reduce…
Dollar Index Rises as Hormuz Report Hits Stocks
The dollar index rose 0.3% to 98.542 on Monday after Iran’s Fars News Agency reported that two missiles struck a…
Oil Prices Ease as Trump Cites Hormuz Ship Plan
Oil prices eased on Monday after US President Donald Trump said the United States would help ships leave the Strait…
OPEC+ oil Quotas Set for 188,000 bpd Increase
Seven OPEC+ members were set to decide Sunday on an expected 188,000 barrel-per-day increase in OPEC+ oil quotas. This would…
Pakistan Refineries Losses Hit Rs24bn in April
Pakistan refineries' losses reached about Rs24 billion in April 2026 as the sector faced pressure from a capped diesel pricing…
VAT Rroad Fuel Scale Charges Rise for UK Drivers
His Majesty's Revenue and Customs (HMRC) has introduced new VAT road fuel scale charges for petrol and diesel drivers across the…