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Terms of Trade: The fog of ‘national interest’ in India
India became an independent country at the same time the world entered into a rivalry between two ideologically opposed superpowers: the US and the Soviet Union
US Premarket Movers: Micron, MillerKnoll, Olaplex, Precigen
S&P 500 Index futures fall 0.8% as of 7:45 a.m. in New York as doubt grows about Iran’s willingness to engage in ceasefire talks.
Whisky giant drops plans for £150m facility in Ayrshire
Suntory Global Spirits did not give a reason for why the plan is not going ahead.
US Futures Fall as Trump Urges Iran to Respond Before ‘Too Late’
US stock-index futures declined on Thursday as oil prices rose on conflicting views between the US and Iran over the peace talks.
Tuk-tuks stall as global oil crisis prices out drivers and passengers
Tuk-tuk drivers across Somalia’s capital are abandoning their livelihoods as soaring fuel prices, driven by disruptions to global oil shipments linked to the Iran conflict, render their businesses unsustainable.
Global Oil Products Prices Hit Record Highs - Russia's Novak
MOSCOW (Sputnik) - Global oil products prices are hitting record highs due to the Middle East crisis, including export restrictions in a number of countries, Russian Deputy Prime Minister Alexander Novak said on Thursday.
Snapchat Investigated in Europe Over Child Safety Policies
Regulators in Brussels accused the social media platform of maintaining a weak age-verification system, and steering younger users toward inappropriate experiences.
An 800-Year-Old Math Principle May Help Find Bottom to S&P 500’s Rout
The S&P 500 Index has clocked four consecutive weeks of declines and it’s on track for the worst month in a year.
Investors Switch to Cash From Stocks and Bonds Like It’s 2022
Investors avoiding risks from the Iran war are selling stocks and bonds and rebuilding cash allocations, in an echo of strategies followed after Russia invaded Ukraine in 2022.
UK sanctions Cambodia-based scam centre and crypto platform
Britain on Thursday sanctioned the operators of what it described as the largest fraud compound in Cambodia and an online crypto marketplace used to trade stolen personal data, in a bid to protect people in the UK from organised online scams. The action marks the country’s latest attempt to...
Equities Are Mispricing Energy Risk, Warns BlackRock’s Wei Li
Wei Li, global chief investment strategist at BlackRock, says the firm has “flattened equity directional exposure to neutral” and is leaning into thematic investing in response to the war in Iran. (Source: Bloomberg)
Europe Bond Market Doubts Grow Over Recovery From War Selloff
Europe’s bonds will struggle to bounce back from a sharp selloff triggered by the war in the Middle East, even if the conflict comes to a swift conclusion, according to market players.
Middle East war 'testing resilience of global economy': OECD
The Middle East conflict is 'testing the resilience of the global economy,' the Organisation for Economic Co-operation and Development (OECD) said in a report released on Thursday,...
Brussels targets big porn platforms over child safety concerns
Pornhub, Stripchat, XNXX and XVideos accused of inadequate checks on users’ ages
EU lawmakers back Trump trade deal but with safeguards
European Union lawmakers on Thursday gave a green light to the bloc's trade deal with U.S. President Donald Trump, but with safeguards as Europe hopes to salvage its relations...
Growing settler violence in W. Bank draws local, int'l condemnation
Growing settler violence in the Israeli-occupied West Bank, under the shadow of a Middle East war, has drawn both local and international condemnation. Former Israeli Foreign Min...
Germany Sees Danger of 2026 Growth Rate Halving on Iran Crisis
German officials see a risk that the nation’s economy will grow at just half the pace they had envisaged if the Iran war drags on, according to people familiar with the matter.
Oil prices could hit $120 as war risks escalate, analyst warns
“We think oil prices will continue to stay elevated.”
EU Lawmakers Approve US Trade Deal After Several Delays
European Union lawmakers finally approved a trade deal with the US, clearing a key obstacle for the long-delayed agreement despite lingering uncertainty about Washington’s tariffs.
House Democrat bans staff from betting on prediction markets, citing ethics concerns
Democratic Rep. Seth Moulton of Massachusetts has prohibited staffers from betting on prediction markets on areas such as politics and any information obtained in an official capacity.