Negotiations between Washington and Tehran advance amid Bank of England concerns over flawed economic statistics impacting policy decisions. The US and Iran are discussing revised ceasefire proposals to de-escalate regional tensions, potentially easing oil supply disruptio
U.S. efforts to exit Iran tensions coincide with Israeli airstrikes, raising concerns over regional stability and oil supply risks. President Trump is pursuing diplomatic channels to reduce U.S. involvement in the Iran conflict, aiming to de-escalate tensions that have rat
New Delhi aims to support exporters facing disruptions from heightened geopolitical tensions in the Middle East. India will strengthen its export incentive scheme to counter trade disruptions caused by the escalating conflict involving Iran. The move targets sectors vulner
The Italian bank moves toward divesting assets in Russia amid ongoing geopolitical tensions and sanctions pressures. UniCredit has reached a non-binding agreement to sell parts of its Russian business, marking a step toward reducing exposure in the region. The deal follows
The UK oil and gas producer revised its annual output forecast higher due to improved operational performance and project execution. Harbour Energy increased its 2024 production guidance to 180,000-190,000 barrels of oil equivalent per day, up from a prior range of 170,000
Manufacturers in China report minimal concern over potential US tariff hikes as trade tensions persist before Trump’s upcoming trip. Chinese exporters remain largely unaffected by renewed US tariff threats, citing long-term supply chain resilience and diversified markets.
Britain's Shell posted stronger-than-expected quarterly profit as the Iran war sent fossil fuel prices soaring.
Industrial production +5.0% vs +1.0% m/m expected Prior +0.9%; revised to +1.4% That's a solid reading and even when you look at the details in excluding large orders, new orders in the manufacturing sector were 5.1% higher in March compared to the previous month. That mar
The retail REIT outlines a plan to boost occupancy and net operating income growth under its Path Forward strategy. Macerich announced targets to achieve 88%-89% physical permanent occupancy through its Path Forward plan, aiming for at least 3% go-forward net operating inc
Investors react positively to reports of a potential peace deal between the US and Iran, easing geopolitical tensions. Markets surged on reports of a proposed peace deal aimed at ending the conflict between the US and Iran, fueling optimism over reduced geopolitical risks.