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War, inflation and Trump’s tariffs have shaken the US. Why does the stock market keep going up?
Wall Street has proved incredibly resilient to instability, and while consumer confidence has dipped, shares have soaredIt was a dark Friday for Wall Street on 27 March. Oil prices were climbing and the war with Iran raged on. Markets responded accordingly, with the Dow and Nasdaq entering correction territory, falling more than 10% below their peak, after a month of selloffs.Fast forward seven weeks later to 13 May, and the situation in Iran only looked marginally better. Oil prices were high,...
Europe Faces Energy Challenges Amid Ongoing Wars In Iran And Ukraine
BusinessAerospace & DefenseEurope Faces Energy Challenges Amid Ongoing Wars In Iran And UkraineByMark Temnycky,Senior Contributor.Forbes contributors publish independent expert analyses and insights. Mark Temnycky is a freelance writer focused on defense and energy Follow AuthorMay 14, 2026, 06:00am EDTBRUSSELS, BELGIUM - APRIL 22: EU Commissioner for Clean, Just and Competitive Transition Teresa Ribera Rodriguez (L) and the EU Commissioner for Energy and Housing Dan Jorgensen (R) talk to media...
Czech Defense Billionaire Comes Out Fighting After Share Drop
Czech billionaire Michal Strnad said investors are undervaluing his company, CSG NV, after its share price halved since he completed the largest-ever initial public offering for a pure-play defense firm.
Home repossessions edge up but number of mortgages in arrears falls – UK Finance
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Two India-bound ships carrying fuel pass through Strait of Hormuz — Bloomberg
India’s Ministry of External Affairs reported earlier that 11 Indian vessels had safely passed through the Strait of Hormuz
Angus Taylor's Budget reply speech: How Aussies could be $1,000 a year better off under tax change the Coalition is proposing
Angus Taylor's Budget reply speech: How Aussies could be $1,000 a year better off under tax change the Coalition is proposingREAD MORE: PVO: Liberals unveil their plan too woo back voters By ASHLEY NICKEL, NEWS REPORTER, AUSTRALIA Published: 10:37, 14 May 2026 | Updated: 10:42, 14 May 2026 e-mail View comments
Exports of Russian machine-building products rise by 28% in 2025
According to First Deputy Prime Minister Denis Manturov, Russian competencies in engine building, heavy engineering, railway engineering, and agricultural machinery manufacturing are also in high demand abroad
Warning Brits 'cutting corners' to save cash could put households 'in danger'
UK Households are opting for cheaper services to save money, raising major concerns about safety
Tamil Nadu govt employees get 2% DA hike as CM Vijay raises allowance to 60%
Tamil Nadu Chief Minister C Joseph Vijay has announced a 2% dearness allowance hike for state government employees and teachers, raising it from 58% to 60% effective January 1. This decision, benefiting approximately 16 lakh individuals, aligns with the Union government's revision and will incur an additional annual expenditure of ₹1,230 crore for the state exchequer.
India has asked US to extend license to purchase oil from Russia — Bloomberg
The US Department of the Treasury’s authorization for the sale, transportation, and unloading of oil and petroleum products of Russian origin expires on May 16, the agency said
BlackRock Fund Manager Says European Stocks Are Attractive
Euro-zone stocks look attractive after the recent pullback, according to BlackRock Inc’s Thomas Becker, who argues that policymakers may use the current energy crisis to drive long-awaited fiscal investment.
Why is stock market up? Sensex jumps 1,000 points; Nifty50 above 23,700 - top reasons
Despite the bullish undertone in equities, several risk factors continue to keep investors on edge. The rupee touched a fresh record low after breaching the 95.8 mark against the US dollar for the first time.
Outgoing Currys boss to take top job at Boots
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Senior Slovak lawmaker says Germany facing major problems with auto industry
"All loans and investments spent on weapons or Ukraine, economically hinder the future development of the EU, with the EU economy losing competitiveness," Tibor Gaspar said
Congo Eyes Deals With Cobalt Producers to Tackle Illegal Mining
A state-owned company that holds a monopoly on the purchase of hand-dug cobalt in Democratic Republic of Congo is seeking to form additional partnerships with industrial producers to control illegal mining on their sites, the head of the group said in an interview.
US Says China Wants More Of Its Oil to Cut Middle East Reliance
Chinese President Xi Jinping opposes efforts to charge a toll to navigate the Strait of Hormuz and is interested in purchasing more US oil to reduce its dependence on the waterway in the future, according to a White House official.
Arresting rupee’s fall: India eyes cut in taxes on bond investments by foreigners
The proposal was suggested by the Reserve Bank of India and is currently under active consideration by the Finance Ministry, sources said. Talks around reducing taxes for overseas investors have accelerated amid efforts to slow the rupee’s decline, they added.
Finance ministry says report on Dar being handed budget-making process 'misleading, incorrect'
The Ministry of Finance said on Thursday that a media report claiming Deputy Prime Minister and Foreign Minister Ishaq Dar had been handed the budget-making process was “misleading” and “factually incorrect”. The clarification came after a report published by The Express Tribune said the government had “handed over the responsibility of making the new budget to Dar after it found the initial work below par”. According to the report, Prime Minister Shehbaz Sharif had constituted a Dar-led committ...
Reeves warns against risks to economic stability after surprise March growth
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Reeves says ‘if economy ain’t broke, don’t fix it’ - as fight to keep her job goes on
Whoever wins the Labour leadership tussle, the chancellor’s prospects for staying inpost have risen given the surprise GDP boostBusiness live – latest updatesUK economy records surprise 0.3% growth despite Iran warThe message from Rachel Reeves is clear. After Britain’s economy defied the predictions for a slump in March, despite the fallout from the Iran war, why put things at risk with a roll of the dice in domestic politics?Responding to bumper growth of 0.3% in March – much stronger than Cit...