Business
China’s aluminum exports jump 15% in April amid Hormuz blockade
China's aluminum exports jumped 15% year-on-year in April to 598,000 metric tonnes, customs data released Saturday showed, as the closure of the…
Category: Business
Business
IAG warns on profit as Iran war fuel crisis claims Spirit Airlines
Spirit Airlines, the budget carrier that helped pioneer ultra-low-cost air travel in the United States, ceased all operations on May 2, 2026,…
Business
Brookfield plans $20B in real estate deals in two months
Brookfield Asset Management CEO Connor Teskey declared on the firm's first-quarter earnings call Friday that commercial real estate's recovery is moving fa...
Business
Citi holds $120 Brent target, warns markets underpricing Hormuz risk
Citigroup maintained its zero-to-three-month Brent crude price target at $120 per barrel on Thursday, warning that markets are underpricing the duration of...
Business
European airports report sharp passenger drops from Iran war
Heathrow Airport has warned that passenger numbers for the rest of 2026 are expected to decline amid the ongoing conflict in Iran,…
Business
Virgin Atlantic cuts Dubai route until late 2027 as Iran war disrupts airlines
More than two months after US-Israeli strikes on Iran triggered the largest airspace shutdown in Middle Eastern aviation history, global airlines continue…
Business
Copper approaches record high amid supply crunch, AI demand
Copper futures surged in the first week of May 2026, with COMEX prices climbing above $6.24 per pound on Thursday, approaching the…
Business
BlackRock files for two tokenized funds aimed at stablecoin holders
BlackRock has filed with the Securities and Exchange Commission to launch two tokenized money market funds designed for investors who hold cash…
Business
Silver surges past $80 as dollar slides after jobs report
Spot silver broke above the psychologically important $80 per ounce level on Friday, May 8, climbing roughly 3% on the day and…
Business
China’s April exports beat forecasts despite energy import plunge
China's crude oil and natural gas imports fell sharply in April as the near-complete closure of the Strait of Hormuz since late…