Business- Page 38

Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

An aviation fuel tanker refuelling an aircraft, illustrating jet fuel supply

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India raised export duties on aviation turbine fuel and diesel from June 16 while leaving petrol untouched, a move that looks backward until you stop watching crude. With oil prices falling after

June 18, 2026

by Economy Desk

Centene Corporation community outreach event, with volunteers at a food bank

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid cuts over the next decade. Layoffs will follow

June 18, 2026

by Economy Desk

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Electronic Arts has launched EA Advertising, a platform that lets brands buy dynamically served placements inside

Electronic board showing Nikkei 225 stock prices in Tokyo as chip stocks rally on the US-Iran ceasefire

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

A war that had hung over every chip stock for weeks came off the screens on

Russian and Chinese officials at the Russia-China Expo in Harbin discussing Yakutia trade cooperation

China Tightens Economic Grip on Russia’s Yakutia as Trade Share Nears 50%

China now accounts for nearly half of all foreign trade conducted by Russia’s Sakha Republic, commonly known as Yakutia, according to regional head Aysen Nikolayev, highlighting the deepening economic transformation underway across

May 18, 2026

Economy·News

Dow futures fall as oil prices surge and Nvidia fears shake Wall Street in 2026

Dow Futures Sink, Iran Tensions, Oil Shock and Nvidia Anxiety Shake Wall Street

Wall Street opened the week under renewed pressure as escalating tensions surrounding Iran, soaring oil prices and rising Treasury yields triggered another wave of anxiety across global financial markets. Dow Jones futures

May 18, 2026

Business·Economy·News

Donald Trump displayed on screens at the New York Stock Exchange during controversy over massive stock trade disclosures

Democrats Accuse Trump of Profiting From Presidency After $200 Million Stock Trade Disclosure

WASHINGTON — Democrats launched fresh accusations of corruption against President Donald Trump on Friday after newly disclosed financial records revealed stock market transactions worth more than $200 million conducted in his name,

May 17, 2026

Business·Economy·Government and Politics·News

Drivers fill vehicles at a gas station in Newfoundland after fuel prices dropped ahead of the Victoria Day weekend

Gas Prices Drop in Newfoundland Before Holiday Weekend, Canadians Battle Rising Living Costs

Drivers across Newfoundland and Labrador are seeing rare relief at the pumps just before the Victoria Day holiday weekend, after fuel regulators approved another noticeable reduction in gasoline and diesel prices amid

May 17, 2026

Business·Economy·News

Sergey Lavrov speaking at BRICS summit in New Delhi defending Cuba and criticizing Western sanctions

Lavrov Accuses West of ‘Economic Warfare’ Against Cuba at High Stakes BRICS Summit

Russian Foreign Minister Sergey Lavrov used a high-level BRICS summit in India to sharply escalate Moscow’s criticism of Western sanctions policy, declaring full solidarity with Cuba and warning that unilateral economic coercion

May 16, 2026

Business·Economy·News

Shoppers walk through a Coles supermarket amid Australia fake discount pricing controversy

Australian Supermarket Giants Accused of ‘Fake Discounts,’ Landmark Court Ruling Triggers Retail Shockwave

Australia’s supermarket giants are facing one of the biggest consumer trust crises in modern retail history after a landmark Federal Court ruling found that Coles misled shoppers through fake discount promotions, intensifying

May 16, 2026

Business·News

Tokyo skyline during Japan inflation crisis as oil prices surge amid Iran conflict

Japan’s Inflation Crisis Escalates, Iran War Sends Import Costs Soaring

Japan’s inflation crisis intensified sharply in April after soaring oil prices linked to the Iran war triggered the country’s steepest wholesale inflation surge in nearly three years, deepening fears that Asia’s fourth-largest

May 16, 2026

Business·Economy·News

Andy Burnham amid UK market turmoil as pound falls and borrowing costs surge

Pound Sinks and UK Borrowing Costs Soar, Andy Burnham’s Return Ignites Labour Power Struggle

Britain’s borrowing costs were thrown into fresh turmoil on Friday after Andy Burnham’s dramatic return to frontline politics deepened fears of a Labour civil war, sending government borrowing costs to their highest

May 16, 2026

Business·Economy·News

Andy Burnham during growing Labour leadership tensions against Keir Starmer

Markets Tremble, Labour’s Civil War Pushes Burnham Toward No. 10

For months, the discontent simmering inside Britain’s governing Labour Party had remained mostly behind closed doors, whispered among MPs, union leaders and party strategists increasingly alarmed by falling poll numbers, market anxiety

May 16, 2026

Business·Economy·News

Wall Street traders react as AI stocks fall and Treasury yields surge in the US market selloff

Wall Street Slides, Treasury Yields Spike Above 4.5% and AI Stocks Lose Momentum

Wall Street’s historic rally stumbled Friday as investors rushed out of technology and artificial intelligence stocks amid mounting fears that inflationary pressures are accelerating again across the US economy. A sharp jump

May 16, 2026

Business·Economy·News

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Business- Page 38

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

China Tightens Economic Grip on Russia’s Yakutia as Trade Share Nears 50%

Dow Futures Sink, Iran Tensions, Oil Shock and Nvidia Anxiety Shake Wall Street

Democrats Accuse Trump of Profiting From Presidency After $200 Million Stock Trade Disclosure

Gas Prices Drop in Newfoundland Before Holiday Weekend, Canadians Battle Rising Living Costs

Lavrov Accuses West of ‘Economic Warfare’ Against Cuba at High Stakes BRICS Summit

Australian Supermarket Giants Accused of ‘Fake Discounts,’ Landmark Court Ruling Triggers Retail Shockwave

Japan’s Inflation Crisis Escalates, Iran War Sends Import Costs Soaring

Pound Sinks and UK Borrowing Costs Soar, Andy Burnham’s Return Ignites Labour Power Struggle

Markets Tremble, Labour’s Civil War Pushes Burnham Toward No. 10

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Business- Page 38

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