Global oil prices have surged sharply due to escalating tensions in the Middle East, with Iran war fears, US-India-Russia dynamics, and Israeli strikes on Hezbollah fueling market volatility and supply concerns.
Asian shares show mixed performance following Wall Street's decline, while oil prices fall over $1 from recent highs amid Middle East tensions and supply concerns.
Berkshire Hathaway's Q4 2025 filings show significant divestments from tech giants Apple and Amazon, while initiating new investments in traditional sectors like media, food, insurance, and energy ahead of Warren Buffett's CEO departure.
The Australian sharemarket fell sharply, wiping $40 billion in value as escalating Middle East tensions and surging oil prices spook investors, with petrol potentially hitting $3 a litre.
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Global stock markets have resumed their decline as escalating tensions between the US, Israel, and Iran push oil and gas prices higher, sparking investor fears over inflation and economic stability.
Financial markets faltered as oil prices climbed again due to the ongoing Iran conflict, with the FTSE 100 closing lower and global indices declining amid heightened inflation fears.
Morgan Stanley becomes the latest major firm to announce significant workforce reductions, cutting 3% of its global staff despite record revenues. The move follows similar cuts at Amazon, Nike, and Dow, raising concerns about AI's impact on employment.
Oil prices have climbed 3% to $84 a barrel following reports of a missile attack on a US tanker, while Asian stock markets recover from heavy losses. Gas prices also rise as Qatar suspends LNG exports.
The UK's new car market recorded its strongest February sales in 22 years, with 90,100 registrations, despite a decline in pure battery electric vehicle market share.
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Asian shares opened sharply higher on Thursday, mirroring a Wall Street rebound as oil prices moderated and positive U.S. economic updates eased market jitters.
European and US stock markets have recovered with oil and gas prices easing, offering relief to investors. However, concerns persist over the economic impact of Middle East conflict.
South Korea's stock market plunges 12% amid global volatility, while oil prices surge after Iran strikes. Key stories include Nepal's election, Kremlin accusations, and sports records.
European markets rallied with the FTSE 100 up 0.8%, as oil prices retreated from highs. Investors await developments in the Middle East conflict and US tariff announcements.
iPic Theaters, the luxury dine-in cinema chain, has filed for Chapter 11 bankruptcy, citing dwindling ticket sales and pandemic recovery challenges. The company plans asset sales and layoffs.
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Burger King's president enthusiastically bites into a Whopper in a TikTok video, directly contrasting McDonald's CEO's awkward Big Arch Burger taste test that went viral.
Gold prices rebounded sharply, rising 2% as escalating Middle East tensions and a weaker dollar boosted safe-haven demand. Spot gold hit $5,175.39 per ounce, with silver also gaining 4.5%.
South Korea's benchmark KOSPI stock index suffered its worst-ever sell-off, plunging over 12% as geopolitical tensions and oil price spikes triggered a massive market rout.
A new report reveals that nearly a quarter of Walmart employees and half of Amazon workers in Nevada rely on Medicaid, highlighting low wages at top US firms.
Brits are urged to check their change for a scarce Lord Kitchener £2 coin from 2014. An expert reveals that a specific error version missing 'two pounds' text could sell for up to £1,000 at auction.
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Gold prices rebounded sharply by 2% on Wednesday, recovering from a recent low as a weaker U.S. dollar and escalating Middle East conflicts boosted safe-haven demand.
Gold prices rebounded sharply, rising 2% as escalating Middle East conflict and a weaker U.S. dollar revived safe-haven demand for the precious metal. Spot gold reached $5,175.39 per ounce.
South Korea's KOSPI stock index plummeted over 12%, its worst-ever drop, erasing $553.82 billion in value amid Middle East tensions and oil price hikes.
European stock markets show tentative calm after heavy losses, but Brent crude oil hits a 20-month high above $84.50 amid Middle East supply fears.
South Korea's benchmark stock index suffered its worst-ever drop, plunging over 12% as Middle East conflict and oil price spikes triggered massive sell-offs.
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Geopolitical tensions in the Middle East following strikes on Iran have driven oil prices up nearly 20%, affecting inflation, interest rates, and global stock markets. Experts warn of prolonged effects on pensions and investments.
Stock markets worldwide continued their sharp decline on Wednesday, with South Korea's Kospi index plunging over 11%, despite former President Donald Trump's proposal for US Navy escorts through the disrupted Strait of Hormuz. Oil prices surged as shippin
Asian shares extended losses on Wednesday amid a global sell-off, with oil prices climbing higher due to escalating conflict with Iran, raising inflation and economic growth concerns.
Burger King president Tom Curtis takes a theatrical giant bite of the revamped Whopper, widely seen as a jab at McDonald's CEO Chris Kempczinski's small nibble of the new Big Arch burger.
European and US stock markets plunged sharply on Tuesday as escalating Middle East conflict disrupted supplies, sending oil and gas prices soaring and triggering a widespread financial sell-off.
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Global stock markets, including the FTSE 100, tumbled as Middle East tensions drove oil prices higher, raising inflation concerns and overshadowing the UK's spring statement.
