New Delhi says fuel ban on old vehicles not feasible

NEW DELHI: Two days after India’s capital stopped fuel sales to ageing vehicles to tackle the sprawling megacity’s hazardous air pollution, authorities on Thursday said the ban was not practical. New Delhi is regularly ranked as one of the most polluted capitals globally with vehicular emissions being one of the worst offenders, according to several…

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Markets surge after Starmer confirms Reeves’ long-term role and reiterates fiscal discipline

UK financial markets rebounded sharply today after Prime Minister Keir Starmer publicly backed Chancellor Rachel Reeves and reaffirmed commitment to fiscal rules. The announcement reversed mid-week losses triggered by investor anxieties over Reeves’ future, boosting gilt prices, stabilising the pound, and lifting equities. 📊 Market Moves 🔍 The Trigger 💼 Expert Insight 🔮 What’s Next

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Abu Dhabi makes history with MENA’s first blockchain‑based bond via ADX, FAB & HSBC

The Abu Dhabi Securities Exchange (ADX) has taken a major leap in financial innovation by initiating the listing and pricing of the Middle East and North Africa’s first distributed ledger technology (DLT)-based bond. Issued by First Abu Dhabi Bank (FAB) and executed on HSBC’s Orion platform, this groundbreaking move marks a strategic shift towards tokenized…

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Chris Hohn’s TCI posts stellar 21% gain in 2025, outperforming S&P 500 by wide margin

Lead ParagraphThe Children’s Investment Fund (TCI), led by Sir Chris Hohn, has delivered a remarkable 21% return so far in 2025—trouncing the S&P 500 benchmark and reaffirming its position as a top-tier hedge fund. 🔢 Performance Highlights 🚀 Stock Picks Fueling Gains ⚖️ Contrasting Underperformers 📣 Activist Edge 📌 Context & Comparisons 🔮 Outlook &…

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📊 US June payrolls 147,000 jobs

US economy delivers stronger‑than‑expected June jobs growth, adding 147,000 positions, prompting markets to dial back rate‑cut expectations Lead ParagraphIn June 2025, the U.S. economy exceeded forecasts by creating 147,000 non‑farm payrolls—far above the expected 110,000—while the unemployment rate eased from 4.2 % to 4.1 %. The resilient labor market has triggered a reassessment among investors, pushing the…

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