Business- Page 3

Oil prices moved sharply higher on Sunday after Iran again restricted passage through the Strait of Hormuz, reviving fears over global energy supply just as the current ceasefire approaches its expiration. Brent

Asian stock markets moved higher, while oil prices fell below the $100 mark, as investors responded to signs of easing tensions in the Middle East and the possibility of renewed diplomacy between

PepsiCo delivered a strong start to fiscal 2026, reporting first quarter earnings and revenue that topped Wall Street expectations as strategic price cuts reversed more than two years of volume decline in

Spanish billionaire Amancio Ortega, founder of fashion giant Inditex behind brands like Zara, Pull&Bear and Oysho, has reached a new milestone by becoming the world’s largest individual real estate owner. The 90-year

As global energy uncertainty deepens, major oil and gas companies are once again benefiting from rising prices, while consumers and businesses absorb the financial strain. The latest market turmoil linked to the

The S&P 500 and Nasdaq Composite jumped to fresh all time highs on Wednesday, completing a remarkable two week recovery that has erased all losses tied to the US-Iran war and pushed

United Airlines CEO Scott Kirby had been weighing the possibility of a major airline combination for months before the idea surfaced publicly, and earlier this year, he raised the concept directly with

ASML has lifted its 2026 sales forecast after reporting first-quarter results that came in ahead of expectations, signaling that demand tied to artificial intelligence remains strong across the semiconductor industry. The Dutch

Luxury stocks came under heavy pressure in European trading after disappointing first-quarter updates from Hermès and Kering reinforced investor fears that the conflict in the Middle East is hurting one of the

The newly announced ceasefire between the United States and Iran has sparked optimism among American drivers weary of record high fuel costs, though energy experts warn that significant relief at the pump

Elon Musk’s SpaceX is preparing for what could become the largest initial public offering in history, reportedly targeting a valuation exceeding $2 trillion, according to Bloomberg sources familiar with the matter The

The United States has announced major new tariffs on imported medicines, marking a significant escalation in trade policy and a big attempt to change the pharmaceutical industry. Trump’s executive order introduces tariffs