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...
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
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.
SEOUL, April 19 (Yonhap) -- The government will beef up the monitoring of
Major cryptocurrencies lost footing on Friday, tumbling more than 4% as the crisis in the Middle East seemingly affected the appetite for risky assets.The geopolitical tensions in the region intensifi
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...
TOKYO (Reuters) -Asian shares and bond yields sank on Friday while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East hostilities. MSCI's broadest index of Asia-Pacific shares dived 2.3% and U.S. stock futures pointed 1.5% lower following media reports Israeli missiles had hit a site in Iran. ABC News cited a U.S. official in reporting Israeli missiles had hit a site in Iran, while Iran's Fars news agency said explosions were heard at an airport...
The first-ever direct Iranian attack on Israel has brought the conflict
Price fixing removes competition from the market and generally makes goods and services more expensive.
Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant. They’re doing so because of value, executives said during the company’s quarterly earnings call. Chipotle saw its comparable restaurant sales increase 7% year over year during the first quarter, the company said in a Wednesday (April 24) earnings release. The company attributed […]
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
2024-04-19 05:35:17 A. Guterres also indicated that Israel’s military offensive against Hamas attackers in the Gaza…