Moody's Sees Qatari Bank Profits Slipping in 2026 Before 2027-28 Rebound
Companies

Moody's Sees Qatari Bank Profits Slipping in 2026 Before 2027-28 Rebound

Higher risk costs tied to the Middle East conflict are set to push Qatari banks' returns to 1.0%-1.1% of tangible assets...

Declan Byrne 👁 41 💬 0
Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy
Energy

Hormuz Shipping Attacks Escalate as US Vows Unprecedented Pressure on Iran's Economy

Attacks on ADNOC and bulk-carrier vessels in the Strait of Hormuz have driven Brent crude up nearly 6% this week as Wash...

Aoife Keane 👁 50 💬 0
Franklin Templeton CEE Director: Property Is for Living, Not Investing, in a War-Risk Era
Personal Finance

Franklin Templeton CEE Director: Property Is for Living, Not Investing, in a War-Risk Era

Kamil Mikołajczak, CEE sales director at Franklin Templeton, explains what a middle-class 40-year-old should do with sto...

Shira Katz 👁 38 💬 0
Oberoi: High-Spending Foreign Guests Still Missing as Middle East Dents India Travel
Travel

Oberoi: High-Spending Foreign Guests Still Missing as Middle East Dents India Travel

EIH says international arrivals fell at Oberoi and Trident hotels last quarter and weakness will continue as the Middle ...

Maya Golan 👁 43 💬 0
TUI Third-Quarter Net Profit Falls 55% as Middle East Conflict Hits Demand
Travel

TUI Third-Quarter Net Profit Falls 55% as Middle East Conflict Hits Demand

Europe's largest travel group reported an 82-million-euro third-quarter net profit and missed adjusted EBIT forecasts, b...

Maya Golan 👁 43 💬 0
French Gas Reference Price to Rise 5.6% on September 1, Hitting 6 Million Households
Personal Finance

French Gas Reference Price to Rise 5.6% on September 1, Hitting 6 Million Households

The benchmark French gas price will climb to €172.05/MWh as wholesale costs surge due to the Middle East conflict, affec...

Shira Katz 👁 40 💬 0
Saudi Arabia Warns of Imminent Coordinated Attacks on Ports and Energy Sites by Iran Allies
Politics

Saudi Arabia Warns of Imminent Coordinated Attacks on Ports and Energy Sites by Iran Allies

Intelligence reports indicate imminent drone and missile strikes by Iraqi militias and Houthi rebels on Saudi civilian a...

Sinead Brennan 👁 32 💬 0
Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply
Energy

Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply

The Saudi oil giant posted net income of 122.6 billion riyals (€28.4 billion) for Q2 2026, fueled by crude above $100 af...

Aoife Keane 👁 38 💬 0
ECB: Middle East Energy Shock to Slow Eurozone Economy, Hit Poorest Hardest
Economy

ECB: Middle East Energy Shock to Slow Eurozone Economy, Hit Poorest Hardest

The European Central Bank warns higher energy prices from the Middle East conflict will dampen eurozone activity, with t...

Niamh O'Sullivan 👁 33 💬 0
Diesel Prices Keep Climbing: Refining Margins, Not Just Crude, Are to Blame
Personal Finance

Diesel Prices Keep Climbing: Refining Margins, Not Just Crude, Are to Blame

Slovenian diesel rose for a fifth straight week to €1.882 a litre even as gasoline fell — as ECB data shows refining mar...

Shira Katz 👁 33 💬 0
Saudi Arabia's Economy Shrinks 4.8% in Q2, Sharpest Drop Since Pandemic
Economy

Saudi Arabia's Economy Shrinks 4.8% in Q2, Sharpest Drop Since Pandemic

Preliminary data show Saudi GDP fell 4.8% year on year in Q2 2026 as the Strait of Hormuz crisis cut oil output by 24.7%...

Niamh O'Sullivan 👁 37 💬 0
French Inflation Edges Up to 2.1% in July as Energy and Services Costs Bite
Economy

French Inflation Edges Up to 2.1% in July as Energy and Services Costs Bite

French consumer prices rose 2.1% year-on-year in July, up from 1.8% in June, driven by higher energy and services costs....

Niamh O'Sullivan 👁 31 💬 0
Drone Hits US-Owned Tanker at Egypt Port as Iran Fires on Jordan Bases, Brent Surges Above $90
Energy

Drone Hits US-Owned Tanker at Egypt Port as Iran Fires on Jordan Bases, Brent Surges Above $90

A drone struck a US-owned gas storage tanker at Egypt’s Damietta port as Iran attacked US bases in Jordan and declared a...

Aoife Keane 👁 61 💬 0
Behind Closed Doors: Netanyahu’s Push for Wider US Strikes on Iran Meets Trump Skepticism
Politics

Behind Closed Doors: Netanyahu’s Push for Wider US Strikes on Iran Meets Trump Skepticism

A low-key White House visit by Israel’s PM failed to secure US commitment to expand military action against Iran, as Was...

Sinead Brennan 👁 32 💬 0
India Condemns Strait of Hormuz Vessel Attacks, Highlights Economic Stakes
Logistics

India Condemns Strait of Hormuz Vessel Attacks, Highlights Economic Stakes

India condemned attacks on merchant ships in the Strait of Hormuz at the UN Security Council, citing the death of an Ind...

Eoin McCarthy 👁 32 💬 0
Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets
Economy

Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets

Higher corporate tax receipts from oil gains linked to Middle East tension helped shrink the projected raw primary defic...

Niamh O'Sullivan 👁 44 💬 0
Oil Tops $100 as Explosions Rock US Base in Iraq and Strikes Hit Iran
Energy

Oil Tops $100 as Explosions Rock US Base in Iraq and Strikes Hit Iran

A fresh wave of explosions near a US base in Irbil and escalating US strikes across Iran pushed Brent crude past the $10...

Aoife Keane 👁 41 💬 0
US Confirms Third Soldier Killed in Iranian Attack on Jordan Base as Conflict Deepens
Defense

US Confirms Third Soldier Killed in Iranian Attack on Jordan Base as Conflict Deepens

The Pentagon identified Sgt. Angel S. Rampersad as the third U.S. fatality in Friday’s attack, pushing the military deat...

Doron Avidan 👁 39 💬 0
US Defense Secretary Pegs Iran War Cost at $37.5 Billion Through September, Up 30%
Defense

US Defense Secretary Pegs Iran War Cost at $37.5 Billion Through September, Up 30%

Defense Secretary Pete Hegseth's new estimate to the Senate reflects escalating operations and a $67 billion supplementa...

Doron Avidan 👁 53 💬 0