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MIDDLE EAST CONFLICT IMPACT ON BUSINESS
Israel army chief in south Lebanon, says Hezbollah in 'difficult position'Israel's military chief declared Hezbollah severely weakened and in a "very difficult position" after clashes in southern Lebanon. This com...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
Middle East outages to keep aluminium market tight near-term, but Indonesia-China supply wave caps upside: Goldman SachsAluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend in...
Israeli strikes kill 10 in Lebanon hours despite ceasefireIsraeli strikes in southern Lebanon and the Bekaa Valley killed at least 10 people on Saturday, hours after a ceasefire with Hezbollah was ...
Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...
Accenture logs $18 billion Q3 revenue, revenue misses estimatesAccenture's Q3 FY26 results revealed a slowdown in IT demand, with the company missing revenue estimates and lowering its full-year guidanc...
Pope hails US-Iran deal, appeals for dialogue in UkrainePope Leo XIV welcomed a Middle East war resolution between Iran and the United States. He called it a result of dialogue and negotiation. T...
Luggage brand Delsey Paris to double India investmentDelsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top prio...
India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...
Emirates will not cut flights despite Middle East war pressuresEmirates plans no capacity cuts despite regional conflict. The airline seeks more traffic rights for Berlin and wider expansion in Germany....
Iraq reopens airspace after Iran ends operation against IsraelIraq reopened its airspace on Monday, the country's civil aviation body said, following Iran's announcement that it was halting its militar...
Flawed AI, deepfakes and geopolitical conflicts pose major risks to business: WiproIT major Wipro identifies Artificial Intelligence adoption as a significant risk. Flawed algorithms and biases could lead to legal and fina...