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The technology sector, the Magnificent Seven stocks have been suffering since the start of the war The S&P 500 is on track for its worst quarter since 2022 High productivity, AI issues amid technological pressures Earnings expectations remain strong, valuations look even more attractive NEW YORK, March 31 (Reuters) – Technology shares are struggling to … Read more
Inflation fears are driving bonds now, financial fears are likely to follow High security costs, chargebacks and the potential impact of shortages Rising inflation and environmental risks pose future threats March 31 (Reuters) – Inflation risks have pushed Treasury yields higher since the US-Iran conflict fueled energy prices. Now another threat to the health of … Read more
Good news: Oil traders are betting the Iran war will end soon. The bad news: They also bet the economic damage from the war could last for years. Crude has soared above $110 a barrel, making $4-a-gallon gas and $5.40 diesel a painful reality in the United States. But when we say “crude is trading … Read more
NEW YORK — US gas prices rose above an average of $4 a liter for the first time since 2022 on Tuesday as the war in Iran pushed up global fuel prices. According to the AAA motor group, the national average for a gallon of regular gasoline is now $4.02 – a dollar more than … Read more
Item 1 of 5 Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo [1/5]Shoppers walk along Regent Street in London, Britain, May 15, 2025. REUTERS/Maja Smiejkowska/File Photo Purchase Licensing Rightsopens a new tab UK GDP confirmed at +0.1% in Q4 The Iran war is expected to be a major concern … Read more
If OpenAI is going to float this year, it must sink in its business model. The wow factor surrounding the American company – the poster child of the boom in the AI industry that has sparked fears of the stock market – has been established for a long time, but when will the profits come? … Read more
China’s shipbuilding activity has grown with a wave of new yards and major expansion across shipbuilding groups, the largest capacity growth in years, according to the latest 181-page survey of the shipbuilding market by supplier BRS Group. China has reached a market share of orders of 70.9% by the end of 2025, up from 66.7% … Read more
India’s crude inventories fell sharply in March, falling 33% to 8.31 million barrels. (AI image) Impact of US-Iran war: Indian diesel prices rose 20% in March amid the ongoing Middle East conflict. A widening gap between crude oil prices and refined diesel prices led India to raise diesel imports by nearly 20% month-on-month in March, … Read more
(This was originally published in the India File newsletter, which is delivered every Tuesday. Subscribe here to get the latest news from India and its relevance to the world.) Battered by outflows, oil fears from the Iran war and faltering investor confidence, the Indian rupee is closing the fiscal year with its worst annual performance … Read more
Item 1 of 2 A worker works on the Nio electric vehicle production line at the JAC-NIO production plant in Hefei, Anhui province, China August 28, 2022. China Daily via REUTERS/File Photo [1/2]A worker works on the Nio electric vehicle production line at the JAC-NIO production plant in Hefei, Anhui province, China August 28, 2022. … Read more