The company forecasts $40 million in tariff refunds and anticipates Q2 2026 as its lowest profit quarter. Hyster-Yale Materials Handling Inc. expects to receive $40 million in tariff refunds, easing near-term financial pressure. The company projects Q2 2026 as the trough f
ICYMI, NBC with the rep[ort that Saudi Arabia blocked U.S. military use of a key airbase and airspace, forcing Trump to pause Project Freedom, his plan to escort ships through the Strait of Hormuz, within 36 hours of launch. Summary: Trump's Project Freedom, announced over
Negotiations between Washington and Tehran aim to reduce military escalation risks amid rising geopolitical uncertainty. The US and Iran are discussing a potential diplomatic agreement to de-escalate tensions, as the White House seeks alternatives to conflict. The talks fo
Recent diplomatic engagement between the US and Iran may ease geopolitical risks affecting oil and equity markets. President Trump stated the US held 'very good talks with Iran' over the past 24 hours, signaling a potential de-escalation in tensions. The comments follow we
Tehran will deliver its formal reply Thursday on a 14-point US memo seeking nuclear suspension and sanctions relief. Iran is expected to submit its formal response Thursday to a US proposal aimed at ending the war, mediated through Pakistan. The one-page memorandum include
The OECD highlights structural vulnerabilities in New Zealand's economy, including energy costs and demographic pressures, dampening recovery prospects. The OECD warned that New Zealand’s economic recovery remains fragile, citing elevated energy costs, an aging population,
The OECD highlights structural vulnerabilities threatening New Zealand’s economic recovery and long-term productivity. The OECD warned that New Zealand’s economic recovery remains fragile, citing persistent risks from energy constraints, an ageing population, and underdeve
The OECD cautions that frequent adjustments to the Reserve Bank of New Zealand’s mandate may undermine monetary policy effectiveness. The OECD warned that repeated changes to the Reserve Bank of New Zealand’s (RBNZ) policy remit could lead to errors in monetary decision-ma
US and Iran consider potential agreement The US and Iran are weighing a potential deal, with President Trump stating 'We Won'. The context of the deal is not clear, but it may have significant implications for global relations. The immediate market reaction
Tehran acknowledges considering a US proposal to end hostilities, signaling potential progress in diplomatic negotiations. Iran has confirmed it is reviewing a US proposal aimed at ending the ongoing conflict, following reports of potential progress in negotiations. The st