
Latest Business News
Iran Deal Hopes Boost Asian Stocks and Weigh on Oil Prices
Asian stocks advanced as optimism over US-Iran peace talks lifted investor sentiment, while oil prices declined on expectations of extended ceasefire. Trump noted Iran reached out for a deal, contributing to S&P 500 wiping out 2026 losses.
The developments are denting Middle East conflict impacts on global confidence, per HSBC CEO.
Brent Oil Trades at $100.19 per Barrel, Down $3.52 from Yesterday
As of 8 a.m. ET on April 14, 2026, Brent crude oil is at $100.19 per barrel, a drop from yesterday's $103.72 amid Iran deal progress. Prices remain $35 higher than a year ago at $65.06, influenced by ongoing US naval blockade on Iranian exports.
High oil levels are flagged by Wall Street as an inflation driver.
United Airlines CEO Pitches Merger with American Airlines
Scoop reveals United Airlines CEO proposed a combination with American Airlines, sparking merger speculation in aviation sector. This comes amid broader market recovery from geopolitical tensions.
Potential deal could reshape US airline industry landscape.
Goldman Sachs FICC Miss Overshadows Record Stock Quarter
Goldman Sachs reported a record quarter in stocks but missed on FICC trading, weighing on overall performance. CEO David Solomon commented on the results amid positive market trends.
Investors focus on bank's resilience despite segment shortfall.
HSBC CEO Warns Mideast Conflict Dents Global Business Confidence
HSBC Group CEO Georges Elhedery highlighted how Iran-US tensions are eroding global confidence, impacting earnings season. He discussed risks in exclusive interviews on Bloomberg shows.
Broader Middle East issues affect luxury and energy sectors.
US-Iran Weigh Further Talks to Extend Ceasefire Before Expiry
US and Iran consider new negotiations in Islamabad to prolong two-week ceasefire, as Trump advances naval blockade on oil exports. Objective is discussions before truce ends, per sources familiar.
Pope Leo critiques situation amid no active fighting claims by Trump.