Breaking 12:45 US CDC expands investigation into cyclosporiasis outbreak linked to iceberg lettuce 12:30 US House Approves Defense Bill Incorporating Historic Name Change to "Department of War" 12:00 Novo Nordisk seeks US court order to block Eli Lilly weight-loss drug advertising 11:32 Verizon raises annual outlook as new 5G plans boost subscriber growth 11:26 US lawmakers push for OSCE security meeting to move from Serbia to South Carolina 11:00 Intel shares climb as AI demand fuels recovery hopes and stronger outlook 11:00 Trump Imposes New Double-Digit Tariffs on Dozens of Trading Partners Over Forced Labor Concerns 10:46 US Labor Market Defies Expectations with a Record Drop in Weekly Unemployment Claims 10:31 Oracle Faces Investor Scrutiny as Debt-Fueled AI Expansion Triggers Credit Concerns 10:10 Canada opens Gordie Howe Bridge without US officials as trade tensions escalate 09:32 Uber Cuts Customer Support Roles and Accelerates AI Integration in Operational Shake-Up 09:15 Micron Chips Rescue Tesla from Supply Bottlenecks as Elon Musk Bets on In-House Semiconductor Manufacturing 08:48 American Airlines Stock Plunges as Rising Fuel Costs Cloud Passenger Demand Surge 08:15 U.S. Escalates Tensions with Iran: Trump Signals Possible Military Action 07:45 U.S. Immigration Fines Surpass $84B for Non-Voluntary Departures 07:15 UK says US tariff update leaves British businesses unaffected 20:00 Norway's football chief to file FIFA complaint over alleged interference in Balogun case 19:09 Alphabet and Tesla shares tumble on Wall Street after quarterly results 18:45 Trump warns Iran and Houthis of major military retaliation after Red Sea attacks 18:25 Rare space event as a SpaceX Falcon 9 rocket stage is set to hit the Moon 16:50 EU fines Google nearly $1 billion in fresh antitrust action

Economy



Oil supply shock drives global shift as China boosts clean tech exports

The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s......

Airlines face lasting fuel pressure as Virgin Atlantic warns on costs

The global aviation sector is confronting sustained disruption as jet fuel prices surge and supply tightens, with Corneel Koster warning that elevated fuel costs are likely to persist. The crisis follows the closure of the Strait of Hormuz, which has cut off roughly one fifth of global oil flows. Six......

Rising pressure on G7 debt as global challenges mount

Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure......

Oil shock widens inflation gap between emerging and developed markets

The oil shock from six weeks of U.S.-Iran war drives consumer prices higher in advanced economies, while much of the developing world stays sheltered, widening inflation divergence and reshaping global bond outlooks. Heading into 2026, emerging market inflation stabilized near central bank targets, backed......

China's Q1 GDP growth forecast to rebound to 4.8% despite Iran war risks

China's economy gained momentum in the first quarter of 2026, but economists warn the ongoing Iran war could drag growth for the rest of the year as energy costs rise and global demand weakens. A Reuters poll of 50 economists published Monday projects gross domestic product expanded 4.8 percent year-on-year......

Gold falls as Trump Hormuz blockade lifts oil and dollar

Gold prices dropped in early Asian trading after Donald Trump ordered a naval blockade of the Strait of Hormuz, triggering a surge in oil prices and strengthening the US dollar. The decline followed Trump’s announcement that the US Navy would immediately block vessels entering or leaving the strategic......

Hormuz crisis boosts China clean energy exports as oil flows disrupted

The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......

Oil prices surge while gold falls after announcement of Iranian port blockade

Global commodity markets reacted sharply after the United States announced a blockade targeting Iranian ports, triggering a surge in oil prices and a decline in gold. Crude oil benchmarks rose significantly, with prices climbing above the symbolic $100-per-barrel threshold. The increase reflects growing......

Trump warns China of steep tariffs over potential military support to Iran

U.S. President Donald Trump has warned that China could face heavy trade penalties if it provides military assistance to Iran amid the ongoing regional conflict. Speaking in a televised interview, Trump stated that Washington could impose tariffs of up to 50% on Chinese goods if Beijing were found to......

Lebanese finance minister Yassine Jaber heads to Washington for IMF and World Bank meetings

Lebanese Finance Minister Yassine Jaber has travelled to Washington to take part in the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which will be held from April 13 to 18. He is leading a Lebanese delegation that also includes the Minister of Economy Amer......

Markets rise 6% weekly, ending six-week losing streak after easing geopolitical tensions

Domestic equity markets posted strong gains this week, rising nearly 6% and breaking a six-week losing streak, as easing geopolitical tensions between the United States and Iran boosted investor confidence and reduced global volatility. The BSE Sensex closed Friday 1.2% higher, gaining 919 points to......

From Boston to Denver, US drivers reduce travel as Iran war drives fuel prices higher

Rising fuel prices across the United States are forcing drivers in major cities such as Boston, Houston, and Denver to change their daily habits, as the ongoing conflict involving Iran continues to disrupt global energy markets. Motorists report cutting back on long-distance travel, adjusting commuting......

JPMorgan bullish S&P 500 call tested as Iran ceasefire wavers

JPMorgan adopted a tactical bullish stance on U.S. equities this week after a two-week ceasefire agreement between the United States and Iran, forecasting a potential 6 percent rally in the S&P 500 as market sentiment improves. The outlook followed a strong market rebound on April 8. The Dow Jones......

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