Financial
Starbucks Shares Rise 18% on Turnaround Progress Ahead of Earnings
NEW YORK (AP) — Starbucks Corp. shares have climbed 18% year to date as investors respond to signs of recovery under new leadership, with the coffee giant set to report quarterly earnings on April 28....
Bombay High Court Orders Bank of Baroda to Refund Rs 18.79 Lakh to Cyber Fraud Victims
MUMBAI (April 23, 2026) — The Bombay High Court on Wednesday directed the Bank of Baroda to refund Rs 18.79 lakh to a 75-year-old woman and her daughter-in-law after finding the bank liable for unauth...
Investment Guide: Five Key Factors for Stock Market Decisions in 2026
NEW YORK (AP) — Financial experts are advising investors to carefully evaluate five critical factors before purchasing stocks in the current market environment, as economic variables continue to shift...
Wall Street Rallies on Iran Ceasefire Extension, Strong Earnings
NEW YORK — U.S. stock markets climbed on Wednesday, April 22, 2026, buoyed by an extension of the ceasefire in Iran and a wave of positive earnings reports from major corporations. The Dow Jones Indus...
European Markets Tumble as Strait of Hormuz Shipping Fears Mount
LONDON (AP) — European stock markets suffered sharp declines Wednesday as investors reacted to escalating concerns over the safety of commercial shipping in the Strait of Hormuz, a critical global ene...
Iran Oil Exports to China Reach Nearly 1 Million Barrels Daily
TEHRAN, April 23 — Iran exported approximately 985,000 barrels of oil per day to China during the first half of the month, marking a significant volume in bilateral energy trade. The shipments, which ...
Iran Parliament Vice Speaker Confirms First Strait of Hormuz Toll Revenue Deposited
TEHRAN (AP) — The first revenue collected from tolls on the Strait of Hormuz has been deposited into the Central Bank of Iran, Vice Speaker of the Iranian Parliament announced Wednesday. The announce...
Global Oil Supply Plunges 13 Million Barrels Daily, IEA Chief Reports
LONDON (AP) — Global oil supply has fallen by approximately 13 million barrels per day, marking a significant contraction in the world's energy markets, Fatih Birol, director of the International Ener...
Global cyber insurance claims hit record high amid surge in ransomware severity
Global cyber insurance claims reached unprecedented levels in 2026, driven by a sharp increase in ransomware attacks, financial fraud, and related litigation. The average cost of a ransomware incident...
Analyst Speights Recommends Buying Ares Capital, UPS as Undervalued Dividend Plays
NEW YORK — Financial analyst Keith Speights of The Motley Fool has issued a recommendation to purchase additional shares of Ares Capital Corp. (ARCC) and United Parcel Service Inc. (UPS), citing signi...
USDA Signs $300 Million Deal with Palantir for Farm Security Plan
WASHINGTON (AP) — The U.S. Department of Agriculture has entered into a $300 million agreement with Palantir Technologies to modernize service delivery and support the National Farm Security Action Pl...
Bank of America warns on India capital goods valuations amid macro risks
NEW DELHI (AP) — Bank of America cautioned investors on Tuesday about elevated valuations in India's capital goods sector, citing macroeconomic uncertainties despite the industry's mid-cycle earnings ...
DXP Enterprises Shares Rise on Genuine Parts Earnings Boost
NEW YORK — Shares of DXP Enterprises Inc. climbed 3% on Tuesday as investors reacted positively to first-quarter earnings results from sector peer Genuine Parts Co., signaling renewed confidence in th...
EU Energy Crisis Costs $600 Million Daily
BRUSSELS (AP) — The European Union announced Tuesday that the ongoing energy crisis is costing the bloc approximately $600 million per day, marking a significant economic strain as member states grapp...
US Stocks Slide, Oil Rises Amid Uncertainty Over U.S.-Iran Ceasefire Talks
NEW YORK — U.S. stock markets closed lower Tuesday as oil prices climbed, driven by investor caution over stalled ceasefire negotiations between Washington and Tehran. The Dow Jones Industrial Averag...
Iraqi Central Bank Says U.S. Cash Shipment Missed April Deadline
BAGHDAD, April 22 (Reuters) - An official from Iraq's central bank stated on Wednesday that a scheduled shipment of U.S. currency from Washington has not arrived, leaving the fate of a subsequent deli...
Mumbai Banker Loses ₹97.78 Lakh in Cyber Fraud Scheme
MUMBAI — A senior executive at a Mumbai-based bank lost ₹97.78 lakh ($117,000) in a sophisticated cyber fraud involving a fake share market investment scheme, authorities said Monday. The Assistant V...
U.S. Suspends $500 Million Cash Shipment to Iraq
WASHINGTON — The United States has suspended a cash shipment valued at $500 million that was destined for Iraq, officials confirmed Tuesday. The decision halts the transfer of funds that were schedule...
Karex CEO Warns of Condom Price Hikes Amid Iran-US Conflict
Kuala Lumpur, April 22 (Reuters) - Karex Bhd, the world's largest condom manufacturer, may be forced to increase prices by 20% to 30% as escalating tensions between Iran and the United States disrupt ...
Stock Futures Rise as Trump Extends U.S. Cease-Fire with Iran
WASHINGTON — U.S. stock futures climbed Tuesday after President Donald Trump announced an extension of the cease-fire agreement with Iran, easing investor concerns that had mounted following a recent ...
Trump Requests Record $1.5 Trillion Defense Budget for 2027
WASHINGTON — The Pentagon released details Tuesday of President Donald Trump’s request for a record $1.5 trillion defense budget for fiscal year 2027, marking the largest increase in military spending...
EU Approves €90 Billion Loan Package for Ukraine
BRUSSELS (AP) — The European Union has approved a €90 billion loan support package for Ukraine, marking the first major financial commitment of its kind to the war-torn nation. The decision, finalized...
Lufthansa to Cancel 20,000 Short-Haul Flights Amid Soaring Fuel Costs
FRANKFURT — Deutsche Lufthansa AG announced Tuesday that it will cancel approximately 20,000 unprofitable short-haul flights from its European summer timetable. The carrier stated the decision is a di...
SoundHound AI to Acquire LivePerson in $250 Million All-Stock Deal
SAN FRANCISCO (AP) — SoundHound AI announced Monday an all-stock acquisition of conversational AI peer LivePerson for approximately $250 million, a move designed to consolidate market share and accele...
Palo Alto Networks Shares Rise on Berenberg Buy Rating, AI Growth Outlook
SAN FRANCISCO (AP) — Palo Alto Networks Inc. shares climbed 3.8% on Monday after a prominent Wall Street analyst initiated coverage with a buy rating, citing the company's strong positioning to capita...
Market Analysts Assess Iran Tensions as Key Factor in Trading Session
NEW YORK — Financial analysts Alissa Coram and Ed Carson reviewed Tuesday's market movements, identifying escalating geopolitical concerns regarding Iran as a primary driver of investor sentiment. The...
EU poised to finalize €90 billion loan after Hungary lifts veto
BRUSSELS — The European Union is set to finalize a €90 billion loan package this week after Hungary is expected to lift its veto, ending a months-long standoff that has stalled critical funding for me...
Chinese Cyber Group Targets Indian Banks, South Korean Policy Makers with New Malware
SEOUL/NEW DELHI — Cybersecurity researchers identified a new variant of the LOTUSLITE malware on Tuesday, attributed to the Chinese nation-state group Mustang Panda, targeting financial institutions i...
Wall Street Rallies on AI Optimism and Earnings Despite Geopolitical Tensions
NEW YORK — U.S. stock indices climbed on Tuesday as investor enthusiasm for artificial intelligence and robust corporate earnings outweighed concerns over escalating geopolitical tensions in the Middl...
Fed Chair Powell's Term Ends in 2026 Amid Investigation and Succession Uncertainty
WASHINGTON — Federal Reserve Chair Jerome Powell's four-year term is scheduled to expire on May 15, 2026, setting the stage for a potentially contentious transition as speculation mounts regarding his...