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Business

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Tech stocks lead rally for U.S. stocks, Nasdaq closes 250 points higher
Tech stocks lead rally for U.S. stocks, Nasdaq closes 250 points higher

NEW YORK, New York - American stock markets closed higher on Wednesday, with technology shares powering the Nasdaq Composite to a standout...

UK mortgage approvals climb in February, topping forecasts
UK mortgage approvals climb in February, topping forecasts

LONDON, U.K.: Mortgage approvals in Britain rose more than expected in February, while consumer borrowing also picked up, pointing...

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...

World

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Poland refuses to lend Patriot missile systems for Iran war
Poland refuses to lend Patriot missile systems for Iran war

The US has reportedly asked the NATO member to help intercept strikes on American bases in the Middle East ...

New UN report announces halt of maritime navigation through Strait of Hormuz
New UN report announces halt of maritime navigation through Strait of Hormuz

NEW YORK, 2nd April, 2026 (WAM) -- The United Nations Conference on Trade and Development (UNCTAD) confirmed in a new report released...

'Trump is impatient': US VP Vance issues "stern message" to Iran to reach deal or face "increased pressure"
'Trump is impatient': US VP Vance issues "stern message" to Iran to reach deal or face "increased pressure"

Washington, DC [US], April 2 (ANI): US Vice President JD Vance has informed intermediaries acting between Washington and Tehran that...

India, Azerbaijan discuss ties as envoy Abhay Kumar meets foreign minister
India, Azerbaijan discuss ties as envoy Abhay Kumar meets foreign minister

Baku [Azerbaijan], April 1 (ANI): Azerbaijan Foreign Affairs Minister Jeyhun Bayramov on Wednesday received Abhay Kumar, the newly...

Paris accuses right-wing mayors of betraying EU
Paris accuses right-wing mayors of betraying EU

Some newly elected officials from the National Rally have begun their mandates by removing the bloc's flags from town halls ...

UN urges opening of more Gaza crossings
UN urges opening of more Gaza crossings

NEW YORK, 2nd April, 2026 (WAM) -- The United Nations has once again urged the need to open more crossings into the Gaza Strip to enhance...