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Economy

Israel’s attack on Iran deepens old conflict: what does this mean for the Middle East?

The long-simmering, complex conflict between Israel and Iran, a defining feature of the Middle East for decades, has violently erupted into a…
Economy

Europe markets open: Stoxx 600 drops 1%, FTSE 100 -0.5% amid Israel-Iran escalation

European stock markets opened sharply lower on Friday, with investors reacting swiftly to a significant escalation of conflict in the Middle East…
Economy

Iran pulls out of US talks after Israel attack: can it dent Iran’s nuclear efforts?

Iran will not be participating in the nuclear negotiations with the United States scheduled on Sunday, the country announced on state television…
Economy

EU nuclear ambition: $278B investment targets capacity boost by 2050

The European Commission announced on Friday that European Union countries would need 241 billion euros ($278 billion) in investments to expand nuclear…
Economy

UK GDP falls by 0.3% in April as services slump and US tariffs bite

The UK economy shrank by 0.3% in April, a sharper-than-expected decline that has raised fresh concerns about the fragility of the recovery…
Economy

Gordon Brothers buys Poundland; pledges £80 mn for turnaround after Pepco’s UK exit

Poundland is poised for a sweeping restructuring after investment firm Gordon Brothers acquired the struggling British discount retailer from parent company Pepco…
Economy

Air India plane crash: London-bound flight with 242 onboard crashes after take-off

An Air India flight bound for London Gatwick crashed shortly after take-off from Ahmedabad on Thursday afternoon. The Boeing 787-8 Dreamliner, operating…
Economy

Air India plane crash live update: Indian President expresses condolences

An Air India Boeing Dreamliner en route to London crashed shortly after takeoff from Ahmedabad airport on Thursday, in what could become…
Economy

Copper remains supported for now even as China optimism fades

Since the start of the year, copper prices have been volatile, primarily due to tariff risks and China’s uncertain economic recovery. According…
Economy

Supply chain issues force India’s Maruti to revise EV production targets

India’s Maruti Suzuki, facing rare earth shortages, has significantly reduced its initial electric vehicle e-Vitara production goals by two-thirds, as revealed in…
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