Latest Business News
US Employers Add 115,000 Jobs Despite Iran War Shock
US employers added a surprisingly strong 115,000 jobs in April, defying economic uncertainty from the Iran war and rising fuel costs. The S&P 500 and Nasdaq hit records after the report.
US Stocks Rally to Records on Robust Job Data
The S&P 500 climbed 0.8% to an all-time high, Nasdaq up 1.7%, driven by better-than-expected jobs report amid Iran war concerns. Oil prices rose on supply uncertainty.
China April Exports Jump 14.1% Ahead of Trump-Xi Summit
China's exports rose 14.1% year-on-year in April, beating estimates despite Iran war and US tariffs; imports up 25.3%. Data released before Trump-Xi meeting in Beijing.
Federal Court Rules Trump’s 10% Global Tariffs Illegal
A New York court ruled 2-1 that President Trump's 10% global tariffs overstepped congressional authority after small businesses sued. This follows a Supreme Court loss.
Trump Admin Settles Antitrust Case Against Meatpacking Data Firm
The Justice Department reached a settlement with Agri Stats, accused of helping drive up grocery prices via data-sharing in the meat industry. Seen as a win for competitive pricing.
FPIs Pull Rs 14,231 Crore from Indian Equities in May
Foreign portfolio investors withdrew Rs 14,231 crore from Indian stocks in early May amid West Asia tensions and FII outflows. Sensex and Nifty fell for second day.
Sensex, Nifty Fall on West Asia Tensions and Crude Oil Spike
Indian markets declined due to geopolitical tensions in Middle East, rising crude prices, and FII selling. Geopolitical risks expected to drive volatility.
SBI Q4 Profit Rises 6% to Rs 19,684 Crore, Bad Loans Decline
State Bank of India reported 6% year-on-year profit growth to Rs 19,684 crore in Q4 FY26, with declining bad loans. Focus on policy sales ahead.
Iran War Disruptions Hit Bangladesh with Higher Costs, Lost Income
The US-Iran conflict is sparking higher costs and income losses in Bangladesh due to supply chain issues and oil price surges. Shipping firms face risks in Hormuz Strait.
US Fires on Iranian Tankers, Redirects Over 50 Ships in Blockade
US Central Command disabled two Iranian tankers breaching naval blockade; total redirected ships exceed 50. Trump awaits Iran's response to ceasefire proposal.
IRGC Warns of Strikes on US Bases if Tankers Attacked
Iran's IRGC threatens retaliation against US military sites in Gulf if Iranian vessels are targeted. Escalation fears rise after recent US actions.
British Cargo Ship Attacked Off Qatar Coast
A British cargo ship was hit by an unknown projectile near Qatar, causing a fire and highlighting Persian Gulf tensions amid US-Iran conflict.