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US home buyers 'frozen' as sales slump over Iran war fears
US home buyers 'frozen' as sales slump over Iran war fearsJust nowShareSaveAdd as preferred on GoogleArchie MitchellandNatalie Sherman,Business reportersGetty ImagesThe US housing market is struggling as the impact of higher mortgage rates, fuelled by the US-Israeli war in Iran, begins to bite.Figures from the National Association of Realtors (NAR) showed the number of homes sold in March hit their lowest level for nine months, falling by 3.6% from a month earlier.Average rates for a t...
Oil prices ‘could hit $150’ if US blocks Strait of Hormuz
Oil prices ‘could hit $150’ if US blocks Strait of Hormuz
Are you worried about rising fuel costs?
Energy costs jump as oil supplies from the Middle East are disrupted by failed US-Iran ceasefire talks.
China wary, global markets jittery as Trump's blockade of Iran comes into force
China wary global markets jittery as Trumps blockade of Iran comes into force
Nigeria eyes IMF, World Bank support amidst fuel price surge
Nigeria’s Finance Minister, Wale Edun, said on Monday that the West African nation will be seeking increased international financial support at this week’s International Monetary Fund (IMF) and World Bank Spring Meetings.
Milei’s Auction Favors Group With Past China Ties, US Dredger Warns
A US dredging company is calling out the bid terms of President Javier Milei’s signature concession in Argentina, claiming they’re tilted in favor of a consortium with past ties to China.
Newmarket jockey admits killing man, 71, who died 10 days after brawl outside town pub
Levi Williams, 26, pleaded guilty to the manslaughter of Richard Wingrove, 71, who died in hospital ten days after the altercation in the Suffolk town, known as the historic home of horse racing.
Freight turnover by rail between Russia, Uzbekistan up 32% in 2M 2026
Russian Transport Minister Andrey Nikitin also highlighted good dynamics of passenger transportation by rail and by air
Decision of EC President to reject Russian energy leads to fuel shortage — Dmitriev
The Russian presidential special envoy said the EU's energy bill increased by $26 bln just in the last 1.5 months
Russia, Uzbekistan to exponentially increase trade turnover by 2030 — Russian PM
Mikhail Mishustin believes the required basis is in place for implementation of such plans
Citadel Securities Sees Market Rally as Extreme Risks of War Ebb
The risk of a worst-case escalation in the Iran conflict is easing, setting the stage for a rally in both stocks and bonds, according to Citadel Securities.
Number of passengers carried by Aeroflot Group up 0.1% in March to 4.1 mln people
Aeroflot Airlines separately carried 2.3 mln people, up by 0.8% year-on-year
Repeating Venezuela-Blockade Move Is Far Riskier Bet in Hormuz
US President Donald Trump is invoking his Venezuela playbook with a pledge to blockade Iranian ships. But Iran poses more complicated logistics, higher risks for American soldiers and a more resilient enemy.
Cargo turnover of Russian seaports up 0.6% in three months to 210 mln tons — association
According to the Association of Commercial Seaports, dry cargo throughput totaled 102.5 mln tons, up by 3.5%, while liquid cargo throughput totaled 107.6 mln tones, down by 2%
Citi Is a Top Bank Pick: McGratty
KBW Head of US Bank Research Chris McGratty breaks down Goldman Sachs’ mixed reaction despite strong earnings. He joins Bloomberg Open Interest to explain why big banks, especially Citi, are his top picks, and highlights key risks in today’s economy, including private credit and employment trends. (Source: Bloomberg)
US Blockade Risks Global Conflict
Leslie Vinjamuri, the President and CEO of the Chicago Council on Global Affairs joined Bloomberg Open Interest to break down the risks of a US blockade of the Strait of Hormuz, warning it could escalate tensions with China, fail to pressure Iran without incentives, and expose a lack of coordination with key allies. She explains why diplomacy, and not just force, will determine what happens next. (Source: Bloomberg)
Trump Vows to Eliminate Iranian Ships Close to US Blockade
President Donald Trump said the US would attack any Iranian vessels that approach US ships in the Strait of Hormuz as his naval blockade took effect. Tyler Kendall reports on "Bloomberg Open Interest." (Source: Bloomberg)
Goldman Bond Trading Miss Outweighs Equity Record
Bloomberg Intelligence Financials Analyst, Neil Sipes discusses Goldman Sachs' earnings out before the bell Monday. Goldman Sachs Group Inc. shares fell after the bank reported a surprise drop in bond-trading revenue, casting a shadow over what was another record quarter from the firm’s equities team. Fixed-income, currency and commodities revenue was $4.01 billion for the first quarter, according to a statement Monday. That was more than $800 million below the consensus of analyst estimates c...
Oil relief shattered by Hormuz threat
A renewed surge in global oil prices following the end of Islamabad-mediated talks between Washington and Tehran has wiped out a brief sense of relief, exposing Pakistan and other import-dependent economies to another round of inflationary pressure. Crude prices climbed back above $100 per barrel on Monday, after US President Donald Trump signalled plans to block the Strait of Hormuz, a move widely seen as a pressure tactic after negotiations failed to produce a breakthrough. The spike comes ju...
Russia’s Oil Output Stable in March After Three Months of Drops
Russia’s crude output was virtually flat in March after three consecutive months of declines, as Ukraine’s attacks on its foe’s oil infrastructure continued to hamper seaborne exports and crude processing.