Broad markets got a nice boost going into the midweek as hopes for an Iran-U.S. peace deal spiked. Undoubtedly, things could go either way as the U.S. awaits Iran’s response to its one-page proposal.
An Iran Peace Deal Could Be Getting Close — and Here’s the Case for Another Bullish Trump Rally
Broad markets got a nice boost going into the midweek as hopes for an Iran-U.S. peace deal spiked. Undoubtedly, things could go either way as the U.S. awaits Iran’s response to its one-page proposal.
The Iran war exposes fiscal fragility around the world
By Ben Aris in Berlin The Iran war has arrived at the worst possible fiscal moment for most of the world’s major economies. Governments that spent heavily through Covid, ramped up defence budgets in …
Air India to Cut Costs, Reduce Flights as War Worsens Financial Struggles
Air India Ltd. is looking to implement measures to cut costs and reduce flights in the wake of the Iran war, people familiar with the matter said, just as the unprofitable airline searches for a new leader to navigate an exceptionally difficult period.
War slows down Qatar’s property growth again
Qatar’s already-struggling property market remained stagnant in the first three months of the year as the US-Israeli war with Iran thwarted any hopes of growth. And without a thriving job market or …
Oil prices rise as US and Iran exchange fire in Strait of Hormuz
Oil prices rose and stock markets pulled back slightly on Friday after the US and Iran exchanged fire in the Strait of Hormuz, although Asian markets remained on course for their strongest weekly …
Appliance giant Whirlpool says the Iran war has caused ‘recession-level industry decline’
Whirlpool flagged in its latest earnings report the damage it’s seen caused by the Iran war, with consumer confidence collapsing in recent months.
Former Trump Secretary of Defense: An Iran deal might take months, and they won’t unconditionally surrender
The stock market may be ignoring the geopolitical risks from a prolonged conflict with Iran, but maybe it shouldn’t.
Shell profits surge as Iran war drives oil prices higher
Europe’s biggest oil and gas company more than doubled first-quarter profits as the Iran war and the effective closure of the Strait of Hormuz sent energy prices sharply higher.View on euronews …
China orders firms to ignore US Iran sanctions, daring US to enforce crackdown
China orders firms to defy U.S. sanctions on Iranian oil in what analysts call an unprecedented escalation of Beijing’s resistance to Washington.