Economy
Scandinavian airline SAS has introduced a temporary fare adjustment on its flights as surging jet fuel prices push airlines to pass rising energy costs onto passengers. The move comes as the war involving the United States and Israel against Iran drives crude oil prices above $100 per barrel for the......
Airfares between Asia and Europe have surged dramatically after airspace closures across the Middle East disrupted global flight routes, forcing travelers to rely on a limited number of direct connections operated by Asian carriers. On March 5, a one way economy class ticket from London Heathrow to......
Safe-haven currencies strengthened at the start of the week as investors reacted to a sharp escalation in the conflict between Iran, the United States and Israel, driving money out of risk assets and into traditional shelters. The Swiss franc rose to its strongest level against the euro since 2015, while......
Nearly nine in ten medium-sized companies across North America and Europe are now protecting themselves against foreign exchange swings, as prolonged market turbulence and policy uncertainty drive a structural shift in corporate treasury strategies. The 2026 MillTech Global FX Report found that 88 percent......
China’s financial regulators have instructed domestic banks to cut their investments in US Treasury securities, signaling an effort to reduce exposure to American debt as global financing dynamics shift. Bloomberg reported that Beijing issued the directive through informal “window guidance,”......
Ivory Coast will bring forward the start of its cocoa mid-crop season and sharply lower the price paid to farmers, in an unprecedented move to ease a mounting surplus that has clogged warehouses and ports across the country. Cocoa harvested from March will now be classified as mid-crop instead of main......
The U.S. dollar has surrendered part of its traditional crisis‑hedge appeal since 2024, according to a fresh ING study, even as global investors broadly continue to hold dollar assets. The bank’s research, released on Monday, concludes that the shift looks cyclical rather than a permanent loss......
The euro fell toward its lowest level in nearly a month as investors rushed into the dollar on mounting concerns over a potential US military strike against Iran, sending oil prices to fresh six-month highs and reviving demand for traditional safe-haven assets. The common currency traded around 1.1765......
Negotiated wages in the eurozone picked up again at the end of 2025, with collectively bargained pay rising 2.95% year-on-year in the fourth quarter, according to fresh European Central Bank data released on Friday. The increase marks a clear acceleration from the revised 1.89% recorded in the previous......
Goldman Sachs has cautioned that global commodity markets have entered what it describes as an “era of high volatility,” driven by governments building strategic stockpiles that are fragmenting a once integrated global system and making prices more sensitive to disruptions. In a report published......
The benchmark French stock index, the CAC 40, crossed the 8 400-point milestone for the first time Thursday at the start of trading, propelled by a wave of mostly well-received corporate earnings reports. Shortly after the market opened, the index was trading 1.09 % higher at 8 403.94 points, exceeding......
Copper prices tumbled sharply on Monday for the second straight session, swept up in a widespread sell-off of commodities that rattled markets from South Africa to London and hammered mining stocks worldwide. The red metal slid toward $5.70 per pound in U.S. trading, extending Friday's steep losses......
Waymo, the global leader in self-driving technology and a subsidiary of Alphabet, is preparing a new funding round to raise approximately $16 billion, potentially valuing the company at nearly $110 billion. Alphabet is expected to contribute around $13 billion, with the remainder coming from investors......
