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MIDDLE EAST DEVELOPMENTS
Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. Pr...
Japan to launch probe for Mars moons in October: Space agencyJapan's MMX mission will launch on October 20 to collect samples from Mars's moon Phobos. The unmanned probe will stay in orbit for three y...
Iran dismisses US economic threats and other developments in the Middle EastIran rejected United States President Donald Trump's economic threats and isolation policies. Meanwhile, the United Kingdom and other natio...
30% of the corporate occupiers planning to grow their office portfolioNearly half of surveyed occupiers plan to expand their real estate footprint. About 30% of corporate occupiers are planning significant off...
Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focusEuropean shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserve’s July meeting minutes. Gain...
UAE halts all trade, commercial exchanges and financial transactions with Iran until further noticeThe United Arab Emirates has suspended all trade activities and financial transactions with Iran. This decision follows regional escalation...
US stocks: US market opens mixed as investors weigh Middle East tensions, dataMajor Wall Street indexes opened mixed on Friday. This occurred after the S&P 500 closed at a record high yesterday. Investors assessed ret...
Global Market: European shares slip as rising oil prices, bond yields weigh on sentimentEuropean shares edged lower on Tuesday as rising crude prices and euro zone bond yields heightened inflation concerns. The STOXX 600 fell 0...
Global Market: Euro zone bond yields hover near 15-year highs as Middle East war fuels inflation fearsEuro zone bond yields stayed near 15-year highs as Middle East conflict-driven energy inflation raised expectations for ECB rate hikes. Ger...
L&T bags offshore development project order exceeding Rs 15,000 crore from Middle East clientLarsen & Toubro announced a significant order valued at over Rs 15,000 crore. This contract involves developing multiple offshore facilitie...
Global market: Japan Q2 GDP misses estimates, but BOJ rate hike bets remain intactJapan’s second-quarter economic growth missed expectations as weaker household consumption and business investment offset resilient exports...
Global Market: Japan stocks edge lower after GDP growth misses forecastsJapanese equities traded mostly lower as weaker-than-expected economic growth and elevated oil prices weighed on investor sentiment. Concer...
Will Sensex, Nifty continue to bleed on Monday? 4 factors which will drive D-Street action this weekIndian equities are likely to remain range-bound in the week of August 17–21, with elevated crude prices, global uncertainty and shifting U...
2 UAE tankers attacked while transiting Strait of HormuzThe United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, ...
Explained: Why Vedanta Aluminium, Hindalco, Nalco shares tumbled up to 7% on FridayVedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing sup...
Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensionsEuropean shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruption...
Global Market: Japan stocks muted as investors await US CPI reportJapan’s Nikkei traded largely sideways as investors awaited US CPI data for clues on the Federal Reserve’s interest-rate outlook, while Mid...