Gold is being sold at deep discounts in Dubai as the war in Iran has grounded flights and disrupted the ability of suppliers to move bullion from the major trading hub. People walk around the Dubai Gold Market in Dubai on Tuesday, March 3, 2026. (AP) (AP) Many buyers have backed off from new orders,…
The rupee strengthened 2 paise to 91.62 against the US dollar on Friday after the United States announced a 30-day waiver to allow Indian refiners to buy Russian oil. The move comes amid the ongoing war in West Asia and is aimed at reducing pressure on global energy supplies.“This stop-gap measure will ease the pressure…
FDA grants third approval under National Priority Voucher Programfda.gov US FDA approves Johnson & Johnson’s blood cancer drug after accelerated reviewreuters Phase 3 trial points to potential new standard of care for early-onset MMPhysician’s Weekly FDA Approves Teclistamab Plus Subcutaneous Daratumumab for Relapsed/Refractory Multiple Myelomaonclive Clinical trial led by UAB researcher supports approval of new,…
Stock Market Live Updates: Sensex falls 500 points after Dow selling, Nifty opens 150 points lowerndtv Stock markets fall in early trade due to Middle East conflict, foreign fund outflowsThe Hindu West Asia crisis may raise energy risks for India but domestic flows, growth outlook remain resilient: JThe Economic Times Stock market today: Nifty50 opened…
India’s stock market fell on Friday, in line with a global decline as escalating military conflicts with the United States, Israel and Iran jolted energy markets and sapped investors’ appetite for risk. Bombay Stock Exchange building on Dalal Street, Mumbai. (PTI) The benchmark BSE Sensex fell 0.45% to 79,658.99 in early Mumbai trade, slipping past…
Jefferies has downgraded L&T to buy from Rs 4,715 earlier with a target price of Rs 4,500. The share of global engineering and construction companies investing in West Asia, including L&T, has declined between 10-24% since the start of the Iran-US-Israel conflict, analysts said. 37% of L&T’s order book is from the region, of which…
Stock market today: Dow falls more than 1,000 points, oil rises as Iran conflict escalates – live updatesWSJ The fear of Iran has filled the stock market with enthusiasm. Why this could be a big driver and 5 other things to know today.Baron’s Dow futures edge higher, but index headed for worst week since October…
Why Oil Price Shock from Iran War Won’t Stop the Fed from Cutting Interest Rates Kevin Warshforex factory Oil price shock due to Iran war won’t stop Trump’s Fed pick from cutting interest ratescnbc White House submits nomination of Kevin Wersh as Fed Chairman to SenateThe Economic Times Kevin Wersh to replace Jerome Powell as…
Despite a record year for revenues, Morgan Stanley has laid off about 3% of its workforce, or about 2,500 employees. As of December 31, 2025, Morgan Stanley had 82,992 employees. (Reuters) The job cuts were made across three major divisions of the bank: investment banking and trading, wealth management and investment management, but will not…
Average long-term U.S. mortgage rates edged higher this week, ending a three-week decline as bond yields rose amid oil price pressures linked to the war with Iran.Mortgage buyer Freddie Mac said Thursday the benchmark 30-year fixed mortgage rate rose to 6% from 5.98% last week. The average rate was 6.63% a year ago, the AP…
