TUI's Operating Profit Falls 27% as War and Wildfires Push Bookings Short-Term
Travel

TUI's Operating Profit Falls 27% as War and Wildfires Push Bookings Short-Term

Adjusted operating profit missed analyst expectations at €234m; TUI reaffirmed full-year guidance of €1.1bn to €1.4bn, c...

Maya Golan 👁 39 💬 0
Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes
Energy

Oil Rally Gains Fresh Momentum as US-Iran Tensions Choke Key Shipping Lanes

Brent and WTI crude extended Monday’s 5% rally after attacks near the Strait of Hormuz and Houthi-linked incidents in th...

Aoife Keane 👁 42 💬 0
Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution
Energy

Oil Jumps 5% as US and Iran Trade Demands That Block Strait of Hormuz Resolution

Crude prices surged after Washington demanded reparations from Tehran while Iran insisted on all its conditions being me...

Aoife Keane 👁 42 💬 0
Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands
Energy

Oil Prices Surge Nearly 5% as Hormuz Opening Hopes Collapse Under Iran-US Demands

Brent and WTI crude jump more than 4 dollars a barrel after Iran ties any reopening of the Strait of Hormuz to lifting U...

Aoife Keane 👁 63 💬 0
Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening
Energy

Brent Oil Edges Higher as Iran Dampens Hopes of Quick Hormuz Reopening

Brent crude rose 1% to $84.39 after Iran said the Strait of Hormuz will only reopen once the U.S. meets conditions inclu...

Aoife Keane 👁 58 💬 0
WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist
Energy

WTI Crude Sinks 10% as Hormuz Talks Fuel Hopes, but Supply Risks Persist

Oil markets priced in a breakthrough over the Strait of Hormuz this week, sending WTI down sharply. Yet physical exports...

Aoife Keane 👁 35 💬 0
Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions
Energy

Hormuz Strait Uncertainty Keeps Oil Market Under Pressure as Iran Proposes Fees and Restrictions

Oil futures climbed on Friday after Tehran's plan to impose fees and block 'hostile' vessels from transiting the Strait ...

Aoife Keane 👁 41 💬 0
BFMTV's 'Le 18h Eco' International Segment Touches on Geopolitical Flashpoints
News

BFMTV's 'Le 18h Eco' International Segment Touches on Geopolitical Flashpoints

This week's international chronicle on the French business news program covered Venezuela's reconstruction, US-Iran tens...

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Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.
Energy

Iran and Oman Outline Tentative Hormuz Shipping Route, But Full Reopening Hinges on U.S.

A proposed temporary corridor would channel oil tankers through Iranian waters, yet Tehran warns the Strait of Hormuz wi...

Aoife Keane 👁 43 💬 0
CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets
Markets

CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets

The Paris CAC 40 and major European indices touched all-time highs on optimism over a potential accord on the Strait of ...

Yael Ben-David 👁 41 💬 0
Banco de Chile Builds CLP 50 Billion Provision Buffer as Middle East Risk Mounts
Companies

Banco de Chile Builds CLP 50 Billion Provision Buffer as Middle East Risk Mounts

Banco de Chile posted a 28.1% jump in Q2 profit but set aside CLP 50 billion in extra provisions, citing Middle East ten...

Declan Byrne 👁 26 💬 0
Geopolitical Risk Overtakes Supply Chains as Construction's Top Concern, Arch Survey Finds
Insurance

Geopolitical Risk Overtakes Supply Chains as Construction's Top Concern, Arch Survey Finds

More than half of construction firms now rank geopolitical instability their top concern, and nearly a third have moved ...

Tamar Rosen 👁 30 💬 0
Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge
Markets

Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge

Brent and WTI eased on Friday as more tankers moved through Middle East chokepoints, but both benchmarks remain on track...

Yael Ben-David 👁 39 💬 0
Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures
Energy

Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures

Brent and WTI futures eased on Friday as tanker traffic through the Gulf chokepoint increased, but both benchmarks are s...

Aoife Keane 👁 27 💬 0
Defensive ETFs Surge as Middle East Conflict Fuels Flight to Safety
Markets

Defensive ETFs Surge as Middle East Conflict Fuels Flight to Safety

Rising oil prices and geopolitical risk have driven investors into dividend, utility, consumer staples and gold ETFs. Em...

Yael Ben-David 👁 67 💬 0
Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead
Companies

Thermax Slumps 16% After 86% Profit Drop, Warns of Weak Quarters Ahead

Thermax shares fell sharply as Q1 profit plunged on a one-time cost overrun, and the company flagged weak demand, rising...

Declan Byrne 👁 32 💬 0
Tesla Considers Exiting China Amid SpaceX Merger Talks, WSJ Reports
Companies

Tesla Considers Exiting China Amid SpaceX Merger Talks, WSJ Reports

Tesla is exploring a sale or spin-off of its China business, its second-largest market, to avoid conflicts with defense ...

Declan Byrne 👁 34 💬 0
Axa Hails 'Remarkable' First-Half 2026 as Net Profit Tops €4 Billion
Insurance

Axa Hails 'Remarkable' First-Half 2026 as Net Profit Tops €4 Billion

French insurer posts 6% rise in net profit to €4.17bn, with revenue up 3% to €66.3bn, as price hikes and auto insurance ...

Tamar Rosen 👁 27 💬 0
Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers
Energy

Oil Swings as Saudi-Led Red Sea Defense Pact Eases Supply Fears, But Hormuz Risk Lingers

Brent crude briefly topped $93 before turning lower, pulled between a 14-nation naval coalition for Red Sea security and...

Aoife Keane 👁 35 💬 0
Fed Dissent and Middle East Escalation Spark Global Market Sell-Off
Markets

Fed Dissent and Middle East Escalation Spark Global Market Sell-Off

The Federal Reserve's divided vote and US military strikes against Iran sent shockwaves through financial markets, drivi...

Yael Ben-David 👁 58 💬 0
US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge
Economy

US resumes strikes on Iran, Strait of Hormuz near closed as energy prices surge

A new wave of US strikes against Iran, retaliation for an Iranian missile attack on a base in Jordan, has virtually shut...

Niamh O'Sullivan 👁 39 💬 0
Paraguay’s Record Soy Harvest Overshadowed by Geopolitical Risks and Debt Pressures
Agriculture

Paraguay’s Record Soy Harvest Overshadowed by Geopolitical Risks and Debt Pressures

Despite surpassing 12 million tonnes, the Paraguayan soy sector faces squeezed margins from volatile prices, rising inpu...

Padraig Nolan 👁 28 💬 0
Wall Street Futures Slip as Fed, Big Tech Earnings, and Iran Tensions Converge
Markets

Wall Street Futures Slip as Fed, Big Tech Earnings, and Iran Tensions Converge

US stock futures dipped on Tuesday evening with investors bracing for a pivotal Fed rate decision, a wave of mega-cap te...

Yael Ben-David 👁 35 💬 0
Al-Mabanee half-year profit slides 35.6% after prior-year land sale gain and hospitality slump
Companies

Al-Mabanee half-year profit slides 35.6% after prior-year land sale gain and hospitality slump

Kuwait real estate and hospitality group Al-Mabanee posted a 7.8% drop in second-quarter net income to KWD 15.6 million,...

Declan Byrne 👁 34 💬 0
Macquarie Sees Oil Surplus by Year-End as US Election Pressures Trump Toward Iran Deal
Energy

Macquarie Sees Oil Surplus by Year-End as US Election Pressures Trump Toward Iran Deal

Macquarie forecasts a return to oversupply with a 2 million bpd surplus in Q4, doubling in early 2027, driven by midterm...

Aoife Keane 👁 43 💬 0
Soybean Futures Plunge as Geopolitical Risk Fades and Shipping Confidence Returns
Agriculture

Soybean Futures Plunge as Geopolitical Risk Fades and Shipping Confidence Returns

Soybean prices dropped 3.4% on the CBOT as a pause in U.S.-Iran fighting removed oil risk premium, while improved shippi...

Padraig Nolan 👁 24 💬 0
Russia's Inbound Tourism Plunges 20% as Conflicts and Flight Disruptions Bite
Travel

Russia's Inbound Tourism Plunges 20% as Conflicts and Flight Disruptions Bite

Foreign tourist arrivals dropped to 2.99 million in H1 2026, the lowest since 2021, as Middle East tensions, airport shu...

Maya Golan 👁 43 💬 0
Oil Slumps 5% as Gulf Tensions Ease, Gold Rebounds on Easing Rate Fears
Markets

Oil Slumps 5% as Gulf Tensions Ease, Gold Rebounds on Easing Rate Fears

Crude oil fell sharply as a pause in hostilities near the Strait of Hormuz deflated the geopolitical risk premium, dragg...

Yael Ben-David 👁 33 💬 0
Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears
Energy

Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears

Brent crude drops 6% to $86.8, European gas sheds 7.8% after reports that Oman-mediated talks could reopen the Strait of...

Aoife Keane 👁 61 💬 0
Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90
Markets

Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90

Oil prices fell sharply in early Asian trading after the US and Iran halted attacks, with Brent briefly trading below $9...

Yael Ben-David 👁 38 💬 0