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© European Nations, Japan Signal Support to Secure Strait of Hormuz

European Nations, Japan Signal Support to Secure Strait of Hormuz

Five European nations and Japan have said they are ready to support efforts to secure the Strait of Hormuz, as escalating conflict in the Middle East continues to disrupt global shipping and energy fl...

© Jury Finds Elon Musk Misled Twitter Investors Ahead of $44 Billion Deal

Jury Finds Elon Musk Misled Twitter Investors Ahead of $44 Billion Deal

A California jury has found that Elon Musk made misleading statements to Twitter investors in the lead-up to his $44 billion acquisition of the social media company in 2022, according to a verdict iss...

© Bank of England Holds Rate at 3.75% as Iran War Raises Inflation Risks

Bank of England Holds Rate at 3.75% as Iran War Raises Inflation Risks

The Bank of England on Thursday held its benchmark interest rate at 3.75%, as policymakers assessed the inflationary impact of rising energy prices linked to the Iran war. The decision was widely a...

© Gold Loan Boom in India Draws Global Investors Amid Rising Demand

Gold Loan Boom in India Draws Global Investors Amid Rising Demand

India’s gold loan market is witnessing rapid expansion, fueled by rising bullion prices and tighter lending norms, with global investors increasingly eyeing the sector for growth opportunities. Ind...

© EU Proposes 48-Hour, €100 Business Registration to Boost Startups

EU Proposes 48-Hour, €100 Business Registration to Boost Startups

The European Commission has unveiled a major reform aimed at simplifying business creation across the European Union, allowing companies to be registered within 48 hours and at a cost of less than €10...

© Fed expected to hold interest rates steady amid uncertainty

Fed expected to hold interest rates steady amid uncertainty

The U.S. Federal Reserve is widely expected to keep interest rates unchanged at its latest policy meeting on Wednesday, as officials weigh inflation risks, geopolitical tensions and mixed economic sig...

© Why Kharg Island Matters: Iran’s Oil Lifeline and a Global Economic Flashpoint

Why Kharg Island Matters: Iran’s Oil Lifeline and a Global Economic Flashpoint

Kharg Island, a small but strategically critical location in the Persian Gulf, has emerged as a focal point in the ongoing Middle East conflict. As tensions escalate, analysts warn that any direct str...

© US–Israel War with Iran Day 17: Key Updates UAE Residents Should Know on March 16

US–Israel War with Iran Day 17: Key Updates UAE Residents Should Know on March 16

As tensions linked to the ongoing US–Israel conflict with Iran enter their 17th day, authorities in the United Arab Emirates have introduced precautionary measures to ensure the safety of residents an...

© Portugal Food Basket Hits Record High, But Iran War Not Yet Driving Prices

Portugal Food Basket Hits Record High, But Iran War Not Yet Driving Prices

Food prices in Portugal have reached their highest level since monitoring began, pushing the cost of a basic supermarket basket to a record level. However, consumer watchdogs say the recent increase c...

© US Declines to Impose High Tariffs on Chinese Battery Materials

US Declines to Impose High Tariffs on Chinese Battery Materials

Washington — The United States will not impose steep duties on imports of a key battery component from China after a federal trade agency ruled that such imports had not significantly harmed the devel...

© Record Emergency Oil Release Signals Middle East War Could Last Months

Record Emergency Oil Release Signals Middle East War Could Last Months

Plans for the largest emergency oil release in history suggest that energy markets are preparing for a prolonged conflict in the Middle East. The International Energy Agency (IEA) announced that its 3...

© Iran Continues Oil Shipments to China Through Strait of Hormuz Despite War

Iran Continues Oil Shipments to China Through Strait of Hormuz Despite War

Iran has continued exporting crude oil to China through the Strait of Hormuz despite ongoing conflict in the region that has disrupted shipping through the critical waterway. Since the war began on Fe...

© Oil Prices Slide After Trump’s Iran–Hormuz Comments

Oil Prices Slide After Trump’s Iran–Hormuz Comments

Global oil prices fell sharply after investors reacted to remarks from U.S. President Donald Trump regarding the ongoing conflict with Iran and the future of oil shipments through the strategically im...

© FDA Vaccine Chief Vinay Prasad to Step Down in April

FDA Vaccine Chief Vinay Prasad to Step Down in April

The head of vaccines and biologic medicines at the U.S. Food and Drug Administration (FDA) will step down from his position next month after several controversial regulatory decisions....

© Oil Prices Surge 35% in Record Weekly Rally as Middle East Conflict Disrupts Supply

Oil Prices Surge 35% in Record Weekly Rally as Middle East Conflict Disrupts Supply

Global oil markets experienced a historic surge this week, with U.S. crude posting the largest weekly gain in futures trading history as escalating tensions in the Middle East triggered concerns over ...

© OpenAI’s Altman Says Pentagon AI Deal Was ‘Opportunistic and Sloppy’

OpenAI’s Altman Says Pentagon AI Deal Was ‘Opportunistic and Sloppy’

Washington - OpenAI Chief Executive Sam Altman has admitted that the company “shouldn’t have rushed” its recent agreement with the U.S. Department of Defense, saying the timing and presentation of the...

© Drone Strike Halts Saudi Arabia’s Largest Oil Refinery

Drone Strike Halts Saudi Arabia’s Largest Oil Refinery

Riyadh - Saudi Arabia’s largest oil refinery has temporarily stopped operations after a drone strike caused damage to key infrastructure, authorities confirmed. The incident occurred early Wednesday w...

© U.S.-Israel Strikes Iran: What We Know as Markets Brace for Turmoil

U.S.-Israel Strikes Iran: What We Know as Markets Brace for Turmoil

The Middle East has entered a new phase of conflict after the United States and Israel launched major strikes on Iranian targets over the weekend, raising fears of wider instability and global market ...

© UBS Downgrades U.S. Equities, Flags Dollar Risk and Valuation Concerns

UBS Downgrades U.S. Equities, Flags Dollar Risk and Valuation Concerns

UBS has downgraded its outlook on U.S. equities, warning that several key drivers behind years of market outperformance are beginning to weaken. Andrew Garthwaite, head of global equity strategy at th...

© Nasdaq Resumes Selloff as Nvidia Falls Despite Strong Results

Nasdaq Resumes Selloff as Nvidia Falls Despite Strong Results

The tech-heavy Nasdaq declined on Thursday as investors renewed concerns about the sustainability of artificial intelligence (AI) spending, despite Nvidia posting stronger-than-expected quarterly resu...

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