[ad_1] United Airlines will cut more unprofitable flights over the next two quarters as it braces for a prolonged period of elevated jet fuel prices linked to the war involving Iran. However, strong travel demand continues to allow US carriers to raise fares.In a staff memo on Friday, chief executive Scott Kirby said the airline […]
[ad_1] Oil prices extended their gains as the Middle East conflict intensifies and Strait of Hormuz continues to see disruption, fueling fears of supply disruptions in global markets. On Tuesday, Brent crude futures rose by $2.48, or 2.5%, to $102.69 per barrel at 0058 GMT, while US West Texas Intermediate (WTI) crude advanced by $2.42, […]
[ad_1] Stock market today (AI image) Stock market today: After a week of selloff, Nifty50 and BSE Sensex opened flat in trade on Monday. While Nifty50 was below 23,150, BSE Sensex was down around 100 points. At 9:17 AM, Nifty50 was trading at 23,127.30, down 24 points or 0.10%. BSE Sensex was at 74,472.58, down […]
[ad_1] In his first public message since taking over as Iran’s supreme leader, Mojtaba Khamenei struck a defiant tone on Thursday, making it apparent that Tehran will continue targeting US interests in the Gulf and could keep the Strait of Hormuz closed as “leverage” in the escalating conflict.The message was delivered by a news anchor […]
[ad_1] Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex staged a comeback on Thursday after deep cuts in its last two trading sessions. While Nifty50 rose above 24,600, BSE Sensex was up over 500 points. At 9:17 AM, Nifty50 was trading at 24,642.30, up 162 points or 0.66%. BSE Sensex was […]
[ad_1] Rupee tumbled 69 paise on Wednesday, sliding to hit a record low of 92.18 against the US dollar amid surging oil prices and a pullback from riskier assets. Analysts have cautioned that the currency could remain under strain until tensions in the Middle East subside.Ongoing tensions in the Middle East have sent shockwaves through […]
[ad_1] Representative image (AP) Almost every month, there’s another announcement about how various Gulf states will spend mind-blowing sums of money, hundreds of billions of dollars, if not trillions, in deals made with the new Trump administration in the US.In January, Saudi Arabia said it would broaden investments into, and trade with, the US to […]
[ad_1] The “Wall Street mayhem” also led to a “Trump meltdown” on Monday after the US President justified “the tough days ahead” by reiterating his belief in the shock therapy through back-to-back social media posts.At 6:49 am on Monday, Trump took to his Truth Social and declared that there is “no inflation” in the US, […]
