Sainsbury’s expects a pretty challenging festive period while households face tight budgets, even as the retailer lifted its annual profit outlook to at least £1.025 billion.
Rising fuel costs chipped away at New Zealand business confidence in September, easing the headline index down to 52 amid ongoing global market pressures.
Global oil prices pulled back on Tuesday as investors weighed recovering Middle Eastern production against ongoing regional conflict.
Australian annual inflation accelerated to 4% in August, driven by surging fuel costs and persistent home building pressures.
Saudi Arabia temporarily closed its critical East-West pipeline after drone strikes sparked fires south of Medina on September 10, 2026.
Global financial markets faced intense pressure on August 3, 2026, as rising oil prices touched around $81 a barrel amid Middle East shipping concerns, Treasury yields climbed…
Marking six months of conflict since U.S.
President Donald Trump announced that the U.S. Navy has cleared all mines from the Strait of Hormuz, warning that any new mine placement will result in immediate destruction.
Global oil prices tumbled sharply on Monday, with U.S. crude dropping 6% to $79.60 per barrel and Brent crude falling to around $83.40 per barrel.
Global oil prices rose on Monday as geopolitical tensions intensified, with Brent crude reaching $89.20 per barrel. Rising Geopolitical Risk and Crude Prices Energy markets reacted … Read more
U.S. stock index futures traded mostly flat as investors closely monitored developments surrounding a potential agreement to reopen the Strait of Hormuz. S&P 500 futures edged … Read more