Independent News & People Network Desk of News

China asks Iran to ensure freedom of navigation through Strait of Hormuz

Source: The Hindu Business Line – Markets · Published: 2026-04-16T08:15:28+00:00

Wang’s call coincided with a Pakistan mediation delegation reaching Tehran on Wednesday to discuss new peace proposals for a second round of talks between the US and Iran in Islamabad

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Bowen says Geelong fire appears to be accidental; Keating lashes Liberals on immigration – as it happened

Source: The Guardian - World · Published: 2026-04-16T08:09:40+00:00

This blog is now closedAustralia more dependent on imports after Geelong refinery fire as Chris Bowen warns ‘this is a setback’Get our breaking news email, free app or daily news podcastFire officer says officials haven’t detected any contaminants spreading from blazeEarlier this morning, Fire Rescue Victoria assistant chief fire officer, Mick McGuinness, provided an update to ABC Radio Melbourne. Shortly before 7am, he said about 50 firefighting vehicles were continuing to fight the blaze in the Mogas (motor gasoline) plant section of the refinery.This fire has been quite large overnight. It

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Bowen says Geelong fire appears to be accidental; Keating lashes Liberals– as it happened

Source: The Guardian - World · Published: 2026-04-16T08:09:40+00:00

This blog is now closedAustralia more dependent on imports after Geelong refinery fire as Chris Bowen warns ‘this is a setback’Get our breaking news email, free app or daily news podcastFire officer says officials haven’t detected any contaminants spreading from blazeEarlier this morning, Fire Rescue Victoria assistant chief fire officer, Mick McGuinness, provided an update to ABC Radio Melbourne. Shortly before 7am, he said about 50 firefighting vehicles were continuing to fight the blaze in the Mogas (motor gasoline) plant section of the refinery.This fire has been quite large overnight. It

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Europe live: Russia ‘does not deserve’ lifting of sanctions, Zelenskyy says, after deadly overnight strikes in Ukraine

Source: The Guardian - World · Published: 2026-04-16T08:06:20+00:00

Ukrainian president says nearly 700 Russian drones and 19 ballistic missiles mostly targeted Kyiv, Odesa and DniproUkrainian president Volodymyr Zelenskyy said Russia “does not deserve any easing … or lifting on sanctions” after an overnight attack killed 16 and wounded 100 people in Ukraine.He said:“Russia is betting on war, and the response must be exactly that: we must defend lives with all available means, and we must also apply pressure for the sake of peace with the same full force.”There can be no normalisation of Russia as it is today. Pressure on Russia must work. Continue reading...

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IMF says treasuries losing premium, warns on debt management

Source: The Hindu Business Line – Markets · Published: 2026-04-16T08:04:12+00:00

The IMF pointed to a narrowing gap between the yields of AAA rated corporate bonds and Treasuries as a sign of reduced appeal for US government securities

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UK could face gaps on supermarket shelves by summer if Iran war continues

Source: The Guardian - World · Published: 2026-04-16T08:01:48+00:00

Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO2 is disruptedBusiness live – latest updatesThe UK could face some gaps on supermarket shelves this summer if disruption caused by the Iran war continues, with shortages of carbon dioxide potentially hitting supplies of chicken, pork and fizzy drinks.Government ministers are reportedly drawing up contingency plans for a “reasonable worst-case scenario” if the key shipping lane of the strait of Hormuz does not reopen, disrupting supplies of the CO2 required by the food industry. Continue reading...

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No further sanctions waiver on Russian or Iranian crude oil: US

Source: The Hindu Business Line – Markets · Published: 2026-04-16T08:01:31+00:00

The US had issued a 30-day waiver allowing delivery and sale of Russian crude oil loaded before March 12, with the waiver expiring on April 11; a similar waiver was issued for Iranian oil

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En Hongrie, les pièges de la transition après la défaite de Viktor Orban

Source: Le Monde - International · Published: 2026-04-16T08:00:10+00:00

S’il a été porté par une puissante vague de rejet contre le pouvoir sortant, le nouveau premier ministre hongrois, Péter Magyar, va devoir ménager les électeurs de gauche et de droite et éclaircir ses positions, notamment sur l’Ukraine.

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Stock Market Live: Sensex, Nifty pare early gains, metal stocks shine amid volatility

Source: The Hindu Business Line – Markets · Published: 2026-04-16T07:59:07+00:00

Sensex, Nifty, Share Price LIVE: Equity benchmarks surrendered early gains in Thursday’s afternoon session, even as midcap stocks showed resilience and small-caps managed mild advances. The pullback in frontline indices came after a strong start, driven by easing geopolitical concerns and positive global cues.

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Contingency plans in place for possible food shortages if Iran war continues, minister confirms – UK politics live

Source: The Guardian - World · Published: 2026-04-16T07:58:44+00:00

Peter Kyle did not dispute Times’ report that under a ‘reasonable worst-case scenario’ supermarkets might start running out of some itemsGood morning. ‘We don’t comment on leaks,’ is the usual government response to an unsanctioned lobby scoop. But this morning Peter Kyle, the business secretary, took a different response. Asked about a Times splash saying the government is making plans to deal with possible food shortages in the summer, caused by the Iran war, he told Sky News:It is difficult for me, because, of course, these leaks are very unhelpful. But when people do read it, they need to

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Sensex, Nifty pare early gains, metal stocks shine amid volatility

Source: The Hindu Business Line – Markets · Published: 2026-04-16T07:44:14+00:00

Asian markets traded higher. Meanwhile, safe-haven demand pushed precious metals higher, with gold and silver prices witnessing a sharp surge amid volatility and currency movements

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Is TCS Nashik sexual harassment case tip of the iceberg?

Source: The Hindu Business Line – Markets · Published: 2026-04-16T07:38:28+00:00

It raises questions about workplace safety in an industry which employs the maximum number of urban women employees

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Trump risks showdown with Xi before Summit over Hormuz move

Source: The Hindu Business Line – Markets · Published: 2026-04-16T07:34:17+00:00

Xi broke his near seven-week silence over the Iran war on Tuesday, warning the world order is ‘crumbling into disarray’, while pledging to play a ‘constructive role’ in the West Asia

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US says no further sanctions waiver on Russian or Iranian crude oil

Source: The Hindu Business Line – Markets · Published: 2026-04-16T07:28:52+00:00

The US had issued a 30-day waiver allowing delivery and sale of Russian crude oil loaded before March 12, with the waiver expiring on April 11; a similar waiver was issued for Iranian oil

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