April’s UK construction PMI fell sharply to 39.7, the lowest since November, as inflation and geopolitical uncertainty hit demand. UK construction activity contracted sharply in April, with the PMI dropping to 39.7 from 45.6 in March, missing expectations. The decline mark
The benchmark index rose on broad-based buying, marking its strongest daily performance in over two weeks. Indonesia’s IDX Composite Index climbed 1.19% to close at a two-week high, led by gains across financials, consumer staples, and energy sectors. The advance followed
Lithium market strength boosts AMG’s first-quarter revenue, though year-ago EBITDA levels limit margin gains. AMG reported higher Q1 2026 revenue driven by a surge in lithium prices, offsetting weaker performance in other segments. The company’s lithium division benefited
Investors react positively to reports of progress in U.S.-Iran negotiations, lifting regional market sentiment. European equities climbed in early trading as optimism over a potential U.S.-Iran peace deal reduced geopolitical risk. Major indices in Germany, France, and the
The Indian Rupee (INR) recovers early losses and turns positive against the US Dollar (USD) during India's afternoon trading hours on Thursday.
Headline inflation reaches 3% due to energy shock The Euro area is experiencing a resurgence in price pressures due to an energy shock. Headline inflation has already risen to 3% and is expected to increase further. The energy shock is anticipated to have indirect a
Societe Generale economists Sam Cartwright, Michel Martinez and Jorge Garayo analyse Euro Area inflation following the latest energy shock. They note headline inflation has already risen to 3% and expect indirect and second‑round effects to push it toward 3.5% in early 202
Negotiations between Washington and Tehran show little progress, keeping sanctions and oil market uncertainty elevated. Diplomatic efforts between the US and Iran to revive a nuclear agreement have made minimal headway, leaving key economic sanctions in place. The lack of
Shell (NYSE: SHEL) on Thursday reported consensus-beating earnings for the first quarter as the war in Iran drove an oil price surge and boosted trading profits at the UK-based supermajor. Shell reported adjusted earnings of $6.9 billion for the first quarter of 2026, well
BPIFrance's placement of 6.5 million Technip Energies shares weighs on the stock, diluting ownership by 5.6%. Technip Energies shares fell after BPIFrance placed 6.5 million shares, representing 5.6% of the company’s capital. The sale, conducted at €14.50 per share, was ex
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