Regional carriers add capacity while global airlines extend cancellations to key Middle East hubs through late 2024. Airlines are slowly resuming flights to the Middle East as regional carriers recover from war-related disruptions, though broader traffic remains affected.
The Trump Administration would like to end the sanction waivers allowing sales of Russian oil as soon as possible, although the decision rests with the U.S. Department of the Treasury, Secretary of State Marco Rubio said in a testimony before the Senate Foreign Policy Comm
Godrej Industries Group has entered the wealth management segment with the launch of Godrej Wealth and has set a goal of reaching Rs 1tn ($10.5bn) in assets under management by 2031. The business will sit within Godrej Investments, a subsidiary of the group, and will opera
The S&P 500 closed at a fresh high for the ninth consecutive day amid persistent bullish sentiment despite geopolitical risks. The S&P 500 rose for a ninth straight session, marking its longest winning streak of the year and pushing the index to another record close. Gains
Silver prices fall amid renewed Middle East clashes and rising oil prices ahead of the Fed’s upcoming rate decision. Silver July futures slid to $74.62 at 7:12 a.m. ET, down from an opening price of $75.49, as escalating U.S.-Iran and Israel-Hezbollah conflicts dampened ma
Rising geopolitical risks in the Middle East push oil higher, increasing Fed rate hike pressure and weighing on gold. Gold August futures fell to $4,487 at 7:04 a.m. ET, down from a flat open of $4,520. The decline follows escalating Middle East tensions, including clashes
Geopolitical risks and a seventh straight weekly drop in US crude inventories push oil prices to one-week highs. Brent crude futures climbed $1.56, or 1.6%, to $97.56 per barrel, while US WTI crude rose $1.61, or 1.7%, to $95.37. Both benchmarks reached their highest level
An ECB policymaker flags rising risks of second-round inflation effects from extended energy price shocks amid regional tensions. A European Central Bank policymaker cautioned that a prolonged Middle East conflict heightens the risk of broader inflation pressures, potentia
President Trump announces Iran has agreed to abandon nuclear weapons development, easing geopolitical tensions that have weighed on markets. President Donald Trump stated Iran has agreed not to develop nuclear weapons, signaling potential progress in U.S.-Iran relations. T
Scottish EV maker Munro eyes domestic production to serve mining, defence and construction sectors amid a £35bn market opportunity. Munro, a Scottish electric vehicle manufacturer, will build a UK factory in 2027 to supply industrial clients in mining, defence and construc
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