UK Economy Faces Largest Growth Hit From Iran Conflict: OECD
OECD slashes UK growth forecasts amid US-Israel-Iran conflict escalation. Britain faces steepest economic downgrade among major world economies.
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OECD slashes UK growth forecasts amid US-Israel-Iran conflict escalation. Britain faces steepest economic downgrade among major world economies.
Co-op Group CEO Shirine Khoury-Haq steps down following BBC reports of toxic workplace culture and a challenging year marked by cyber-attacks and internal turmoil.
The International Monetary Fund upgraded its global growth projection citing stronger U.S. performance.
The U.S. Federal Reserve maintained its benchmark interest rate at a 23-year high on Wednesday, citing encouraging progress on inflation while signaling that rate cuts could be on the horizon if data continues to improve.
Wall Street rallied sharply as more than 78% of S&P 500 companies reported earnings that beat analyst forecasts.
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Commercial property markets are staging a recovery in major cities, with office vacancy rates falling for the first time since the pandemic.
OPEC+ members reached a landmark agreement to extend their 2.2 million barrel-per-day production cut arrangement through December 2025, pushing crude oil prices above $85 per barrel.
The European Union and India concluded negotiations on a comprehensive free trade deal covering goods, services, and digital trade worth an estimated €100 billion annually.
China reported stronger-than-expected first quarter economic growth of 5.3%, buoyed by robust manufacturing output and export demand, outpacing analyst forecasts.
JPMorgan Chase reported record quarterly profits of $14.5 billion, driven by persistently high interest rates boosting net interest income.
Bitcoin surged past the $95,000 threshold on Tuesday as major institutional investors continued to pour capital into spot Bitcoin ETFs, with BlackRock and Fidelity reporting combined inflows exceeding $1.2 billion in a single week.