Page 13 - Bloomberg

Gold finds footing near $4,500 as West Asia conflict enters fifth week

Bullion recovered some early losses to hold near $4,500 an ounce, showing resilience despite the continued rise in oil prices and downturn in equities

Why south Indian states fear they must populate or risk political decline

States fear losing political clout as faster population growth in states like UP, Bihar could tilt parliamentary representation, reshaping India's federal balance and democratic power structure

How a 35-year-old crypto bro helped Pakistan win over Trump world

Led by Bilal Bin Saqib, Pakistan's crypto diplomacy deepens engagement with Trump's inner circle, boosting Islamabad's bid to mediate in US-Iran tensions amid fears of disruption to global energy supp

RBI forces banks to unwind rupee bets, squeezing short sellers amid crisis

Late Friday, the RBI announced new rules capping the open positions banks can hold in the onshore currency market at $100 million at the end of each trading day

Trump claims Iran gave in to US demands, considers seizing Kharg Island

Taking Iran's oil would require a risky military operation involving the invasion and occupation of its main export hub, Kharg Island, which also houses an Iranian naval base

Iranian strikes spread as US troop buildup spurs escalation concern

The arrival of a US amphibious assault group and the entry of Iran-backed Houthi forces heightened fears of escalation as the war entered its second month

US sees first combat loss of valuable E-3 aircraft in missile strike

US bombers, including B-52s and B-1Bs, continue to use long-range strike cruise missiles to strike targets in Iran safely

Trump's war with Iran may be ushering in a new nuclear age for the world

China and Russia, both longstanding members of the exclusive club of nuclear-armed nations, have raised alarm about the risk of weapons proliferation in Japan and South Korea

US hiring bounces back in March after February chill, 60,000 new jobs added

Payrolls haven't increased in consecutive months since May of last year, illustrating a labour market that lacks any notable hiring momentum but also few signs of a concerning deterioration

Street stalls in Delhi show cost of India's energy crunch amid Iran war

War-driven fuel shock hits fast in India as urban poor struggle with LPG costs, forcing labourers in tenements to rely on black market cylinders and making home cooking increasingly unaffordable

Inside 'Project Eagle,' JPMorgan's high-wire act to fund $55 bn EA deal

For weeks, JPMorgan bankers had anxiously watched events in the West Asia as they worked to sell the financing for the biggest buyout ever, the $55-bn private equity takeover of Electronic Arts

Germany to review restarting coal plants as Iran conflict hits energy costs

While Germany is due to phase out coal by 2038, the review shows Europe's biggest economy may still fall back on the dirty fossil fuel in times of crisis

Travel crisis deepens as jet fuel shortage grips Asia, may spread to Europe

The amount of jet fuel lost because of the conflict is ultimately too much for the world's refiners to offset

Goldman Sachs' new adviser Rishi Sunak urges small firms to adopt AI

Sunak championed the use of AI when he was in government, pledging more than £100 million to help regulators and universities tackle challenges around the technology

Musk takes a swipe at judge after losing Twitter shareholder fraud trial

Targeting judges in cases that don't go his way is not new for Musk; earlier he took aim at the chief judge of the Delaware Chancery Court on X after she voided his Tesla pay package twice in 2024

FBI chief Kash Patel's photos, emails among data leaked by pro-Iran hackers

The email address the hackers claim to have compromised has been previously tied to Patel's personal details, and the leaked emails contain photos of Patel and others

Artemis II crew arrives in Florida ahead of Nasa's historic moon mission

Nasa astronauts Reid Wiseman, Victor Glover and Christina Koch, as well as Canadian astronaut Jeremy Hansen flew on Friday to Nasa 's Kennedy Space Center in Northrop Grumman Corp

KPMG plans to cut jobs in auditing division, up to 440 jobs at risk in UK

Impacted employees were informed that they could be laid off, subject to a redundancy consultation, according to a memo to staff

New $1.2 billion Noida airport set to test India's infra buildout boom

A land rush similar to Jewar has also gripped Navi Mumbai, an edge city across the harbor from India's financial capital Mumbai

US signals to allies no immediate invasion of Iran, keeps options open

Secretary of State Marco Rubio said Friday the US can achieve its objectives in Iran without the use of ground troops but their presence gives Trump options