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Sainsbury’s Says Iran War Risks Hitting Profit as Costs Bite
J Sainsbury Plc said profit could slip again this year with higher costs and shopper uncertainty due to the war in the Middle East, just …
Gotion Founder on US Expansion, Supply Chains, and Industry Competition
Gotion High-tech Founder Li Zhen tells Bloomberg about the battery maker's growth outlook. He also discusses US expansion plans, the Iran war's impact on supply …
Indonesia Rupiah Falls Most in Seven Months on Rising Oil Prices
The Indonesian rupiah declined by the most in seven months as rising oil prices hurt sentiment for the nation’s assets.
Copper Falls From Highest Since February With Iran War in Limbo
Copper fell with other metals as investors watched for the next major developments from the Middle East after peace talks stalled, with the US and …
No Deadline for Iran Proposal Amid Hormuz Standoff: US
The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of …
AI Boom Sparks Rush Into Chinese Optical Stocks as Top Trade
Chinese optical stocks are attracting growing investor interest on expectations that rising demand for optical components critical to artificial intelligence will drive the next leg …
Gold Falls as US-Iran Hormuz Standoff Heightens Inflation Risk
Gold declined as an escalation in tension over the Strait of Hormuz drove oil prices higher, rekindling concerns over high inflation.
Oil Climbs on Hormuz Standoff as Stocks Fluctuate: Markets Wrap
A flare-up in tensions over the Strait of Hormuz sent oil higher as stocks fluctuated on concern that a prolonged closure of the waterway could …
Oil Fluctuates as Tanker Voyages Via Hormuz Face Fresh Risks
Oil swung between gains and losses as the US and Iran remained locked in a battle for control of the Strait of Hormuz, after plans …
Hassett Says He Supports Fed Chair Powell Staying On ‘Pro Tempore’
White House National Economic Council Director Kevin Hassett says he supports Federal Reserve Chair Jerome Powell’s plan to stay on at the central bank’s helm …
Tilray CEO on Possible US Cannabis Reclassification
Tilray CEO Irwin Simon discusses the expected easing of cannabis restrictions in the US, and why despite not currently selling cannabis in the United States …
Activists Want to Avoid 'Expensive' Proxy Fights: Mehrotra
Avinash Mehrotra, co-head of Americas M&A and global head of activism & takeover defense at Goldman Sachs, discusses the current landscape of activist landscape investing …
KKR Invests $1.5 Billion in Tower Operator Vertical Bridge
KKR & Co. is investing $1.5 billion in Vertical Bridge REIT LLC in a deal that people familiar with the matter said values the tower …
Oil Servicer Weatherford Sees War Impacts Deepening This Quarter
Weatherford International Plc., one of the world’s largest oilfield-service providers, is warning that a hit to earnings in the wake of the Iran war will …
Bessent Says US Allies in Gulf, Asia Requested Swap Lines
Treasury Secretary Scott Bessent said Wednesday that many Persian Gulf allies along with a number of Asian nations have requested foreign exchange swap lines with …
GE Vernova Soars as Quarterly Orders Topped All of Last Year
GE Vernova Inc., one of the world’s only makers of big natural-gas turbines, soared the most in intraday trading since mid-December after its electrification unit …
Boeing Narrows Cash Burn in First Quarter as Deliveries Rise
Boeing Co. reported lower-than-expected cash outflow as it delivered the most aircraft in the first quarter since 2019, continuing its recovery with higher output and …
Rogers Hits Estimates, Boosts Cash Outlook on Spending Cut
Rogers Communications Inc. matched analysts’ earnings estimates and raised its 2026 outlook for free cash flow as it cuts capital spending. The shares jumped the …
Exxon Mobil Is Said to Consider Sale of Hong Kong Gas Stations
Exxon Mobil Corp. is exploring a sale of its gasoline station network in Hong Kong, according to people familiar with the matter, as the US …
Greece Announces Fresh Relief Measures After Budget Outperforms
Greece announced fresh economic relief measures worth around €500 million ($587.6 million), after data showed the country’s budget outperformed its targets last year.
Nordea Traders Hit by Losses on Surging Rates Expectations
Nordea Bank Abp’s rates traders were wrong-footed in March when the Iran war caused a rapid change in the market outlook for monetary policies.
European Gas Resumes Advance Amid Uncertainty Over Iran Talks
European natural gas resumed its advance as uncertainty over the duration of the supply disruption from the Iran war persisted, even as Washington extended a …
Reckitt’s Sales Weighed Down by Cold Drugs, Iran War Fallout
Reckitt Benckiser Group Plc reported weaker-than-expected sales on lackluster demand for its cold and flu medicines in the US and as the conflict in the …
Traders Push Korea Leveraged Bets to Record as Chip Stocks Rally
Leveraged bets on South Korean equities jumped to a record as the return of the artificial intelligence trade prompts retail investors to chase a rally …
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