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 : Middle East Conflict
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...
Despite Germany’s improving business confidence, analysts urge caution
Ifo Institute's Business Climate Index climbed to 86.6 in July, up from a slightly revised 85.7 in June, signalling growing optimism from German businesses...
Air cargo demand up 6% in May; Middle East biggest laggard: IATA
Gulf-based carriers reported a combined contraction of 8.9% year-on-year, with Iran war-related impacts weighing in big time...
US-Iran peace deal: Shipping industry remains cautious on Hormuz front
The Strait of Hormuz blockade severely disrupted cargo movement across the Middle East, with many vessels being unable to enter or leave the Gulf...
US-Iran deal: Dollar touches 10-day low as markets cheer end of conflict
The Australian dollar, meanwhile, was down 0.3% at USD 0.705, holding to its losses as the Reserve Bank of Australia left rates unchanged...
Gold edges higher on Iran-US peace deal, all eyes on Fed now
Traders have scaled back expectations for a Fed rate hike in December 2026 to 57% from last week's 70%, after the conclusion of the preliminary Iran peace deal...
Global air travel demand to see a moderate 2026, says IATA
As per the IATA, the industry-wide revenue passenger kilometres (RPK), a key measure of passenger demand, will grow by 2.1% in 2026...
Iran war: World Bank cuts global growth outlook to 2.5%
As per the World Bank, growth could slow to just 1.3% if energy supply disruptions prove more severe and come with substantial stress in financial markets...