Iran war: 50 days, $50B lost. 500M barrels out in history's largest shock. Recovery takes years despite Hormuz opening.
Samsung SDI inks 1st Mercedes deal. Queen's 100th marked. Radev wins Bulgaria vote. North Korea tests cluster missiles.
Dutch chipmaking giant ASML raised its 2026 sales forecast on Wednesday, projecting annual revenue between €36 billion and €40 billion, up from its previous January estimate of €34 billion to €39 billion.
China's heavy-duty cargo sector is on a trajectory to become nearly 100% electric, a shift that could slash the nation's road transport oil consumption by half.
European Union exports to the United States fell by over 26% for the second consecutive month in February, following a similar drop in January.
250k jobs at risk as Iran war halves growth to 0.7%. Inflation hits 4% while business confidence hits post-pandemic lows.
The FTSE 100 retreated 44 points to 10,623 in early Monday trading, wiping out Friday's gains as a brief peace rally evaporated.
Apple's iPhone shipments in China surged 20% in the first quarter, significantly outperforming a market that saw an overall 4% decline.
China will expand energy reserves and diversify imports to handle emergencies as the Iran war and Hormuz closure disrupt 20% of global oil shipments.
TotalEnergies service station workers in France launched a strike on Friday, demanding wage increases to offset the soaring fuel prices triggered by the Iran war.
Spurred by uncertainty over U.S. security commitments under President Trump and supply strains from wars in Iran and Ukraine, Japan is set to finalize a historic easing of its arms export rules.
The European Union is drafting emergency plans to combat a looming jet fuel shortage caused by the conflict in Iran, which has blocked key Middle East supply routes.
Kering, the French parent company of Gucci, has announced the acquisition of a minority stake in Shanghai-based Icicle Fashion Group.
OpenAI CEO Sam Altman is requesting a court to dismiss punitive damages claims in a lawsuit filed by his sister, Annie Altman, involving allegations of past abuse.
The International Monetary Fund issued a stark alert during the 2026 Spring Meetings, characterizing the $39 trillion U.S. national debt as a systemic global disease rather than a localized political issue.
President Trump is visiting Nevada and Arizona to promote his One Big Beautiful Bill tax cuts, specifically highlighting the elimination of federal taxes on tips.
The UK's automotive industry group is demanding urgent clarity on the European Commission's Industrial Accelerator Act, warning that ambiguity over Made in EU status is freezing investment.
The Bank of Japan is expected to raise its benchmark rate to 1.00% by June.
Tesco reported a £3.15B profit but issued a wide £3.0B–£3.3B FY27 guide. CEO Murphy cited Middle East war uncertainty and supply chain risks as headwinds.
Tesla is developing an all-new compact SUV to sit below the Model Y, signaling a potential return to mass-market EVs after focusing on robotaxis.
The Trump administration extended a sanctions waiver allowing Lukoil to continue operating its roughly 2,000 retail service stations outside of Russia until October 29, 2026.
Elon Musk is accelerating Terafab, a massive $25 billion joint venture between Tesla, SpaceX, and Intel. The Austin-based project aims to vertically integrate chip design and fabrication under one roof to power humanoid robots and orbital AI data centers.
T. Rowe Price currently presents a compelling value proposition for income-oriented investors, anchored by a consensus dividend yield of 5.4% and a distinguished 40-year track record of consecutive distribution increases. While the stock's consensus P/E ratio of about 10.4 represents a significant discount to historical valuation multiples, this compression reflects broader structural concerns. Specifically, the firm faces a persistent as
Santander and TSB have announced significant mortgage rate reductions starting this week, offering the first meaningful relief for homeowners since the Middle East conflict began.