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FUEL PRICES RISE
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...- Global Market: China, Hong Kong stocks rise as chipmakers rally on strong earningsChinese and Hong Kong equities advanced, led by technology and semiconductor stocks following strong corporate earnings, while consumer and...
- The long boat to school gets longer as Iran war drives up the price of fuelSoaring fuel prices due to the Iran war are impacting global education access. Many children are forced to leave school and work to support...
- Ashok Leyland shares rise 2% post Q1 results. What Citi and Nomura suggestAshok Leyland shares rose 2.15% after the commercial vehicle maker reported a 2% YoY increase in consolidated net profit to Rs 668 crore in...
- Auroville’s kilns go cold as soaring LPG prices leave pottery piling upAuroville’s pottery community is struggling with higher LPG and wood costs following Iran war. Potters are rationing kiln firings, changing...
- Zinc Rally: What's drivingprices to record highs and what lies ahead?Zinc prices have escalated to their highest levels in years on international markets, fueled by supply interruptions and dwindling stockpil...
- Wall St Week Ahead: With US Fed silent on next move, investors look to earnings to keep stocks afloatInvestors focus on corporate earnings to offset economic risks and rate concerns. Strong results, particularly from AI infrastructure spend...
- Wholesale inflation eases to 9.8% on softer energy pricesIn July, India's wholesale inflation decreased marginally to 9.8 percent, aided by falling energy prices which alleviated the pressures fro...
- US retail sales unexpectedly fall in JulyJuly saw a surprising dip in US retail sales, reversing the trend of recent strong performances. The earlier surge in consumer spending, fu...
- Oil steadies after US threatens to blockade Iran indefinitelyOil prices edged higher on Friday amidst fresh supply anxieties, largely sparked by the U.S.'s warning of a possible indefinite naval block...
- US stocks: Cerebras slumps 12% as mixed quarterly results test AI growth narrativeCerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw ...
- Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
- 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 wholesale inflation stays elevated, bolstering September rate hike betsJapan’s wholesale inflation stayed elevated in July, with producer prices rising 7.2% year-on-year, reinforcing expectations of a September...
- American Airlines shakes up leadership as CEO faces pressure to close profit gapAmerican Airlines is reorganizing its senior management team. New roles are being added to broaden oversight and boost performance. A forme...
- India’s July inflation quickens to 4.45% from 4.38% in June, stays above RBI targetIndia saw its retail inflation rise to 4.45 percent in July compared to June's 4.38 percent, largely due to rising food prices, which are k...
- Inflation likely to rise from here as food prices remain key risk: ExpertsRetail inflation in India is projected to increase in upcoming months. Food prices are the primary driver, though inflation should stay bel...
- Global Market: European shares edge higher as energy stocks gain on Middle East uncertaintyEuropean shares edged higher as energy stocks gained on elevated oil prices amid Middle East tensions. Investors remained cautious ahead of...
- Trump extends Jones Act waiver for 90 days, narrows scopeUS President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...
- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
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