DP World to invest USD 3 billion for global expansion as Middle East disruption hits profit
The company has reported a 39% fall in first-half net profit to USD 585 million, even as revenue increased 13.1% year on year to USD 12.7 billion...
Tag : Iran War
Sukuk liquidity edges closer to pre-Iran war levels but recovery fragmented, says Fitch
Just over 75% of Fitch-rated sukuk had a liquidity score above 50 on August 4, slightly increasing from the March 23 tally of 64%...
Singapore doubles down on AI boom, raises forecast after Q2 GDP growth
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
EasyJet accepts Apollo Global’s 5.7 billion pound offer as Castlelake exits the race
EasyJet shareholders will receive 7.15 pound a share, a price Apollo had tabled in July after the airline recommended a rival offer from Castlelake...
Glencore registers massive energy trading profits, pushes ahead with Australia listing
Glencore booked USD 2.66 billion in H1 adjusted EBIT from energy trading, up from just USD 40 million a year earlier...
IF Insights: Oil giants see Iran war windfall, bill lands somewhere else
Exxon, Chevron, Shell, BP and TotalEnergies earned close to USD 47 billion in the Q2 2026. Almost none of it came from doing anything new....
Aramco posts 44% profit rise as higher oil prices boost energy sector earnings
The world's top oil exporter posted net profit of USD 32.69 billion in the three months ended June 30, compared with USD 22.67 billion a year earlier...
Crypto’s long bleed: How geopolitics and a hawkish Fed broke the 2026 market
While three straight quarters of losses have hammered the digital assets since October 2025, the second half of 2026 now rests on external variables...
Global goods trade remained resilient in Q1 despite Iran war, says WTO
The global merchandise trade, as per the WTO grew, 1.9% in the first quarter compared to the previous period and 3.2% compared to the same quarter in 2025...
Hedge funds bank a 7% first half as AI rotation beats war and tariff chaos
Global managers averaged 7% to 8.2% till June 2026, with stock pickers profiting from record dispersion while macro desks were bruised by the Iran shock...