By Laura He, CNN Hong Kong (CNN) — Oil prices jumped on Friday while Asian markets tumbled, with global investors worrying about an escalation in conflict in the Middle East after explosions were reported near the Iranian city of Isfahan. US crude futures rose 2.1% to trade at $84.5 per barrel during Asian morning trading
During the first night of Passover, Jewish homes gather around a Seder meal and remember how God delivered the Jewish people from Egypt, and that Read More
Food recalls across the U.S. last year continued to rise following a drop during the pandemic, with nearly half due to undeclared allergens, according to a report released Thursday. The U.S. Department of Agriculture — which regulates meat, poultry, and eggs — and the U.S. Food and Drug Administration — which regulates all other foods — recorded a total of 313 food recalls and public health alerts in 2023, according to the report published by Public Interest Research Group. Public health alerts...
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high• Business live – latest updatesA serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse the recent downward trend in global inflation, the World Bank has said.The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate...
Watch live as European Union foreign ministers arrive in Luxembourg for a meeting to discuss the situations in the Middle East and Ukraine on Monday, 22 April.
EASYJET says it has suffered an £80million hit from the conflict in Gaza and growing tension across the Middle East. The low-budget airline axed flights to Israel and Jordan following the Hamas ter
Equities in Europe traded lower in the premarket on Friday as investors assessed the effects of Israel's reported retaliatory drone attack on Iran. They also anticipated the newest reports on Germany'
A Big Mac and fries doesn’t appear to be capturing the attention of consumers for now. McDonald’s stock fell about 3.3% in pre-market trading Tuesday after the fast food giant reported its first quarter earnings. McDonald’s posted lower-than-expected sales for the period. That slowdown was in part due to consumers in the U.S. tightening their wallets —and others staging boycotts related to the Israel-Hamas war. Buyers holding tight “As consumers are more discriminating with every dollar that...
SEOUL, April 19 (Yonhap) -- The government will beef up the monitoring of
US home prices in February rose more than 6% from the prior year, the
North East property prices are rising faster than anywhere else in the UK. The latest Land Registry statistics show house prices across the region rose to an average £160,406 in February, a monthly jump of 3.2%, and 2.9% year-on-year. Across England as a whole, prices rose by 0.6 % in February but were down by 1.1% over the previous 12 months. Scotland saw prices fall by an average of 0.6% during February, but that still represented a year-on-year rise of 5.6%. The picture was reversed in...