English

Una Hajdari

Markets

Iran ceasefire effect: Oil plunges as European markets surge

Oil prices plunged below $100 a barrel after the US and Iran agreed to a two-week ceasefire that includes the reopening of the Strait of Hormuz.

Business

Gas discovery off Egypt's coast comes at critical moment for Iran war

ENI and Egypt have announced a significant gas discovery in the Eastern Mediterranean — a potential boost for Cairo as the Iran war sends energy import costs rocketing.

Economy

Will the US Fed raise interest rates to fight Iran war inflation?

The US Federal Reserve is weighing whether to raise interest rates for the first time in years as the Iran war drives up fuel costs and pushes inflation further above target.

Business

Public holidays: How much does a day off cost in Europe?

Europe takes double-digit public holidays a year on average — but as Denmark showed when it axed one to fund its military, every day off has a price tag.

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Economy

Germany's first Omani LNG shipments arrive despite Gulf disruptions

Germany's first Omani LNG deliveries are arriving on schedule — but analysis of the country's supply chain suggests Berlin's exposure to the Middle East crisis runs deeper than officials admit.

Economy

Cheaper drones: Europe's lesson from the Ukraine invasion and Iran war

As US and Israeli stockpiles drain against Iranian drones, the Bruegel think-tank warns Europe faces an even harder fight on its own doorstep

Business

TotalEnergies reaps $1bn windfall from Middle East oil war bet

The French energy giant is reported to have dominated the Middle East crude market in March, snapping up dozens of oil cargoes as wartime disruptions created a historic opening for traders.

Business

BYD profit slumps 19% after record year edging Tesla off the EV throne

The Chinese electric vehicle giant posted a sharp drop in annual profit in 2025, squeezed by a brutal domestic price war — even as it outsold Tesla by more than 600,000 battery electric vehicles for the year.

Markets

Lagarde warns Iran war shock will last 'years' as European stocks slip

European Central Bank President Christine Lagarde has warned that markets are "overly optimistic" about the Iran war's economic impact, as stocks fell across Europe, Asia and Wall Street on Friday.

Economy

G'day to cheaper Champagne: EU-Australia deal boosts European products

After eight years of fraught negotiations, Europe and Australia have finally struck a trade deal. From champagne to critical minerals, here is what changes — and for whom.

Economy

Iran war energy shock puts ECB on alert — Lagarde vows timely response

The Iran war has sent oil and gas prices surging and rate hike bets rising, but ECB chief Christine Lagarde says the eurozone is far better placed to absorb the shock than it was when Russia invaded Ukraine.

Business

Cars to defence: Will Volkswagen make parts for Israel's Iron Dome?

Volkswagen is reportedly in talks with Israeli defence company Rafael Advanced Defense Systems about potentially converting VW's Osnabrück plant, currently threatened with closure, to producing defence-adjacent parts.

Markets

SpaceX could eye record IPO this week as valuation soars past €1.61tn

Elon Musk's rocket and satellite company could file paperwork with US regulators as soon as this week, in a listing that would dwarf Saudi Aramco's record 2019 offering.

Markets

Gold and silver plummet then soar on Trump's Iran statement

Middle East conflict was supposed to boost precious metals. Instead, oil and rate fears have sent silver crashing 40%, and gold is feeling it too.

Economy

Federal Reserve not likely to cut rates as Iran war stokes inflation

The Federal Reserve is expected to hold interest rates steady and may signal it will not cut rates at all this year as the Iran war complicates the central bank's inflation outlook.

Business

Piety at home, property abroad: What are Mojtaba Khamenei's assets?

Official sanctions records, corporate filings and land registry documents point to a vast financial network possibly tied to Iran's new supreme leader.

Economy

Diplomacy al dente: US withdraws anti-dumping duties on Italian pasta

The Italian Foreign Ministry, in cooperation with the European Commission, succeeded in obtaining a reduction in the anti-dumping duties introduced by the US administration on Italian pasta imported into the country

Economy

Trump admin could suspend a century-old law in bid to curb oil prices

The Trump administration is allegedly set to suspend the Jones Act, a century-old federal maritime law. A waiver would allow foreign tankers to transport cargo between US ports as oil prices remain above $100.

Business

BMW profits fall 11.5% to pandemic-era low due to tariffs, China slump

BMW's operating profit fell 11.5% to €10.2 billion in 2025 — its lowest since the Covid pandemic — as tariffs and a China sales slump dragged the automotive segment's margin down to 5.3%.

Economy

IEA approves historic 400m barrel oil release amid Iran crisis

The 32-member International Energy Agency has unanimously agreed to release 400 million oil barrels from its global strategic reserves in an attempt to prevent supply disruptions and ease market fears caused by Iran war shortages.

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