Iran, Middle East
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By Philip Blenkinsop BRUSSELS, May 21 (Reuters) - The euro zone economy will slow in 2026 after war in the Middle East triggered the second energy shock in less than five years with the severity of the hit determined by how long the conflict drags on,
Attacks on data centers in the Middle East and persistently high energy prices have altered the calculus for operators of the facilities, analysts say.
U.S. stocks rose on Friday, with the Dow reaching a record closing high, as investors cheered signs of progress in talks to end the Middle East conflict and a strong corporate earnings season. The S&P 500 notched its eighth consecutive weekly gain,
The economic fallout of the Middle East conflict for New Zealand is spreading well beyond the fuel pump, ASB says in a report. As the war enters its 12th week, ASB’s analysis suggested supply chain costs would rise and that there would be further pressure on household spending.
By Uditha Jayasinghe COLOMBO, May 21 (Reuters) - Tea factory worker Jacintha Malar once relied on cooking gas to prepare meals for her family, but has switched to firewood after the Middle East conflict pushed up energy costs and battered the country's tea industry.
The state-owned group posted lower annual profit after war in the Middle East disrupted air traffic, but said it was rebuilding its global schedule as mediators work to end the conflict.
The ILO said the conflict will not only affect jobs but see real wages fall in 2026 and 2027 with a particular risk for migrant workers who send home remittances
Broyhill Asset Management, an investment advisor, released its first-quarter 2026 investor letter. A copy of the letter can be downloaded here. The Broyhill Equity Composite declined 6.0% in the first quarter,