Oil prices slide on hopes of US-Iran peace deal
Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.
Tag: slide
Read More
India hikes bullion import duties to arrest rupee slide
Gold pure gold bar models captured in Shanghai, China on March 15, 2026. Cfoto | Future Publishing | Getty Images India, the world’s second-largest gold consumer, has raised import duties on gold and silver to 15% from 6%, just days after Prime Minister Narendra Modi urged citizens to curb bullion purchases for a year as overseas…
Epic Games is making an extraction shooter for Disney amid financial slide
The specific fruits of Disney’s $1.5 billion investment in Epic Games are finally coming into focus. According to Bloomberg, Epic is set to release a Disney-themed extraction shooter this November, marking the first major milestone in a partnership that has previously been limited to Fortnite character skins. The project is being positioned as a critical…
Oil prices surge, stock futures slide after U.S. strikes Iran
The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s…
Canal+ moves to stem slide in DStv subscribers
French pay-television giant and new MultiChoice Group owner, Groupe Canal+, plans to focus aggressively on subscriber growth to take advantage of what it has described as the “underpenetrated African pay-TV market”. The move, outlined in an investor presentation by Canal+ earlier this month, aims to offset MultiChoice’s sinking subscriber numbers, which declined by 1.2 million…
UK borrowing costs jump, stocks slide as budget speculation mounts
Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg | Bloomberg | Getty Images British government bond yields rose sharply on Friday following reports Finance Minister Rachel Reeves is no longer planning to raise income tax rates in the Autumn Budget later this month. The yield…
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of Japan’s SoftBank Group resumed their slide on Friday, following a broader slump in AI-related stocks as investors once again grew wary of the sector’s lofty valuations. The group, which holds a wide range…
China’s deflationary slide worsens as companies spiral into price wars
The urban skyline and cityscape in Shanghai China. Lu Shaoji | Moment | Getty Images BEIJING — From coffee to cars to real estate, there’s a recurring pattern in China: companies rush into an industry, then resort to discounts to stay afloat. That has economists worried. Natixis’ study of 2,500 listed Chinese companies reinforce how…