CEO Geoffrey Martha cites supply chain shifts reducing expected tariff costs but warns of potential increases amid new US trade threats. Medtronic lowered its fiscal 2027 tariff impact forecast to $250 million from $300 million, including $75 million in the first quarter.
Multiple airlines and adjacent companies in the aviation company have filed for bankruptcy in the months following the U.S.-Israeli strike on Iran and subsequent spike in jet fuel prices. At the start of June, cargo carrier European Cargo Limited entered administration, re
Global energy markets pivot toward nuclear as demand surges from AI, geopolitical risks, and climate goals strain existing supply chains. Global energy markets face a polycrisis driven by surging AI demand, geopolitical instability, and climate pressures, pushing nuclear p
US proposes framework to end Lebanon hostilities The US has outlined a framework to restore stability in Lebanon. The proposal aims to balance Israel's security concerns with Lebanon's sovereignty. It includes $100 million in humanitarian assistance and ove
Hezbollah leader Fadlallah rejects Washington agreement, warning enforcement could trigger conflict with US support. Hezbollah official Hassan Fadlallah declared the group will resist any enforcement of a US-backed agreement in Lebanon, warning it could lead to civil war w
Secretary of State Rubio said that there is a framework agreement between Israel and Lebanon after talks in Washington. He added that there is still a lot of work ahead The US, Israel, and Lebanon signed a trilateral framework agreement. Secretary of State Rubio sai
Refining margins for diesel rise as traders anticipate persistent tightness despite a temporary Iran war truce. The US diesel futures crack spread climbed to $62.84 a barrel on Thursday, its highest level in three weeks, reflecting ongoing supply tightness in the market. T
Trump vows 100% tariff on European goods if digital tax imposed The US will impose a 100% tariff on goods from European countries that implement a digital services tax on American companies. This move is in response to several European countries considering the tax
If you have money in a pension fund, a state retirement system, or a university endowment, your savings may be tangled in one of Wall Street's most contentious practices. The Securities and Exchange Commission's enforcement division has opened a probe into private equity c
U.S. President accuses Iran of attacking a cargo ship in a key oil chokepoint, escalating Middle East tensions. U.S. President Donald Trump accused Iran of launching a drone attack on a cargo ship in the Strait of Hormuz, calling it a breach of a ceasefire agreement. The s
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.