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MIDDLE EAST CONFLICT
US signs deal to boost output of parts for Patriot, THAAD interceptor systemsThe US Defense Department has signed a framework deal with defense contractors. This agreement aims to significantly expand production capa...- Factories faced weaker demand, higher costs in July as Iran war grinds onIn July, China's manufacturing activity experienced a decline attributed to dwindling demand alongside escalating costs. Meanwhile, the Eur...
- Trump says Gulf leaders' input weighed heavily in decision to hold off new Iran strikesUS President Trump opted against launching new strikes on Iran after receiving counsel from Gulf allies, advocating for diplomatic solution...
- Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
- 5 World Market themes for the week aheadGlobal markets face significant turbulence this week from multiple sources. AI-linked stocks are experiencing unprecedented volatility as i...
- Global Market: Euro zone, US bond yields log biggest monthly rise since March on Middle East inflation concernsEuro zone and US bond yields recorded their largest monthly increase since March as Middle East conflict concerns renewed inflation fears. ...
- 16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
- US inflation slows in June, but reversal likely amid Middle East conflictUS inflation slowed in June, but oil prices may cause a temporary easing. The Personal Consumption Expenditures Price Index rose 3.7 percen...
- Pakistan 'doing its utmost' to bring US and Iran back to negotiating table: Foreign OfficePakistan is actively working to bring the US and Iran back to the negotiating table. The nation supports dialogue and diplomacy as the only...
- Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
- L'Oreal says India growth accelerates in H1 2026, driven by haircare and skincareL'Oreal India's business accelerated in the first half of 2026. Strong growth was seen in haircare and skincare segments across the region....
- Drone strike hits LNG vessel at Egypt's Damietta PortAn explosion rocked an LNG vessel at Egypt's Damietta Port after a drone strike. This incident raises fears of conflict spreading to energy...
- Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...
- L'Oreal says India growth accelerates in H1 2026, driven by haircare and skincareL'Oreal India's business accelerated in the first half of 2026. Strong growth was seen in haircare and skincare segments across the region....
- Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
- Singapore Airlines says tangible progress made in Air India's fleet renewal, service enhancementsSingapore Airlines reported tangible progress in Air India's fleet and service enhancements. The airline group's stake in Air India is a ke...
- LVMH sales rise as US luxury demand offsets Europe slowdown, Iran War impactLuxury giant LVMH saw quarterly sales increase, boosted by strong United States demand. This growth helped offset weaker spending in Europe...
- Gold edges up as Brent eases, Mideast developments in focus ahead of Fed meetGold prices saw a slight increase on Friday as Brent crude oil retreated from highs. Investors are assessing Middle East conflict developme...
- Gold off two-week peak as oil advances, Fed meeting eyedGold prices softened on Thursday after reaching recent highs. Escalating Middle East tensions boosted oil prices and the dollar's safe-have...
- Gold nears two-week high as Fed outlook, Middle East conflict stay in focusGold prices climbed to a two-week high amid technical buying and Middle East tensions. Investors await the Federal Reserve meeting for inte...
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