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Business

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Morgan Stanley turns cautious, downgrades global equities
Morgan Stanley turns cautious, downgrades global equities

NEW YORK CITY, New York: Morgan Stanley has downgraded global equities and shifted toward safer assets, citing rising uncertainty from...

Iran war threatens high-margin Gulf market for luxury cars
Iran war threatens high-margin Gulf market for luxury cars

LONDON/BERLIN/MILAN: Luxury carmakers are bracing for a hit to one of their most profitable markets as the war in Iran disrupts demand...

China’s BYD posts first profit drop since 2021 amid rivalry
China’s BYD posts first profit drop since 2021 amid rivalry

HONG KONG: Chinese automaker BYD said on March 27 that its annual sales rose to a record US$116 billion, outpacing Tesla's, but its...

Fink’s compensation jumps to $37.7 million after strong year
Fink’s compensation jumps to $37.7 million after strong year

NEW YORK CITY, New York: BlackRock CEO Larry Fink saw his compensation rise sharply in 2025, buoyed by higher stock awards after a...

Wall Street skyrockets higher, Nasdaq gains nearly 800 points
Wall Street skyrockets higher, Nasdaq gains nearly 800 points

NEW YORK, New York - U.S. stocks closed sharply higher on Tuesday, with all three major indexes posting robust gains as technology...

Judge allows lawsuits over Colgate kids rinse packaging
Judge allows lawsuits over Colgate kids rinse packaging

CHICAGO, Illinois: A U.S. judge has allowed two lawsuits against Colgate-Palmolive to proceed, finding that its children's mouth rinse...

World

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How Iran's Hormuz Blockade Chokes Global Trade Beyond Oil And Gas
How Iran's Hormuz Blockade Chokes Global Trade Beyond Oil And Gas

When an Indian tanker carrying liquefied petroleum gas (LPG) passed through the Strait of Hormuz recently, its progress was followed...

Explainer: What does Washington's loosening oil blockade mean for Cuba?
Explainer: What does Washington's loosening oil blockade mean for Cuba?

Cuba, in the eyes of Donald Trump and (U.S. Secretary of State) Marco Rubio, was initially underestimated, said Luis Rene Fernandez...

AI giant Anthropic suffers strategic code hemorrhage
AI giant Anthropic suffers strategic code hemorrhage

The highly confidential internal design of the Amazon-backed tech was published due to human error AI giant Anthropic has mistakenly...

EU reinforces stability, predictability of its carbon market
EU reinforces stability, predictability of its carbon market

BRUSSELS, 1st April, 2026 (WAM) -- The European Commission has today announced a first concrete measure to reinforce the European Union...

Hormuz chokepoint: Are record oil prices good for Africa
Hormuz chokepoint: Are record oil prices good for Africa

The strategic response for Africa lies not in reacting to individual crises but in reducing its overall dependence on them US and...

About 5,98,000 passengers return to India amid West Asia conflict, informs govt
About 5,98,000 passengers return to India amid West Asia conflict, informs govt

New Delhi [India], April 1 (ANI): About 5,98,000 passengers have returned to India amid the developing security situation in West Asia...