Economy
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Iran’s attack on Israel fails to spur oil price surge despite risks of wider conflict
Oil prices have failed to soar even after major crude producer Iran attacked Israel with drones and missiles, risking wider conflict…
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Mideast-related oil price hike threatens economic outlook: IMF Chief Economist
The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF’s “relatively good”…
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World Bank forecasts low economic growth in MENA amid rising conflict in the region
Countries in Middle East and North Africa (MENA) are expected to witness low economic growth “akin to the period prior…
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Donald Trump’s landmark hush money trial begins in New York
Donald Trump took his seat Monday in the New York courtroom, becoming the first ex-president in US history to stand…
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Tesla faces lawsuit after toddler allegedly starts ‘Defective’ SUV, crashes into pregnant mom
Tesla confronts allegations and legal processes in Santa Clara County this month over a kid and Model X SUV incident.…
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UK economy grows in Feb, shows signs of exiting recession
Britain’s economic output grew by 0.1 percent in monthly terms in February and January’s reading was revised higher, pointing to…
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Australia’s Qantas redirects Perth-London flights to avoid Iran airspace
Australian airline Qantas said on Saturday it would redirect its long-haul flights between Perth and London to avoid Iran’s airspace amid soaring…
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OPEC says oil needs close monitoring amid robust summer demand
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during…
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Oil swings near $90 with risk of Iran strike on Israel in focus
Oil cooled some of the previous day’s gains amid a choppy few days of activity as traders continue to watch…
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Lufthansa extends suspension of flights to Tehran, foreign ministers hold call
Germany’s Lufthansa extended a suspension of its flights to Tehran on Thursday with the Middle East on alert for Iranian retaliation for…
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