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Market ‘Sugar High’ Will Send Stocks to Record, Wells Fargo Says
The war in Iran may be ongoing, but traders have largely moved on, as a number of bullish catalysts in the coming months are poised to propel the S&P 500 Index to new highs, according to Wells Fargo Securities.
Microsoft’s main Russian subsidiary declared bankrupt
The relevant petition was filed with the court in mid-2025
Mideast Conflict Could Still Trigger Market Turmoil, IMF Warns
Conflict in the Middle East could yet trigger the kind of turmoil that markets have so far avoided, the International Monetary Fund warned, adding its voice to a rising chorus of concern about the financial stability impact of the war.
Oil prices artificially kept below ‘psychological limit’ — Dmitriev
Kirill Dmitriev made his comment on the post from Global Markets Investor that oil prices are growing dramatically despite the dip in the futures, highlighting the market strain and the continuing energy crisis
Lagarde Says Europe Between ECB’s Baseline and Adverse Scenarios
President Christine Lagarde said the euro-zone economy is somewhere between the European Central Bank’s base case from the war in Iran and a less rosy outcome.
Global inflation expected to rise to 4.4% in 2026 — IMF
The Fund also expects global trade growth to slow from 5.1% to 2.8% year-on-year in 2026
IMF raises Russia’s GDP growth forecast for 2026 to 1.1%
The forecast for Russia’s economic growth in 2027 has also been revised upward by 0.1 percentage points to 1.1%
IMF slightly upgrades GDP growth projection for India in 2026-27
The International Monetary Fund (IMF) has upgraded India’s growth projection to 6.5%, which is a slight uptick from the previous projection| India News
Alrosa expects situation with diamond prices to improve this year
Alrosa predicts that overall decline in global diamond supply will eventually lead to a market rebalancing, which will ensure price stabilization for smaller stones as well
Nine workers killed, 15 injured in boiler blast at Vedanta power plant in Chhattisgarh
India News: NEW DELHI: At least nine workers were killed and 15 injured in a boiler explosion at Vedanta Limted power plant in Chhattisgarh's Sakti district on Tu.
US Natural Gas Inches Up on Cooler Forecasts, Heating Demand
US natural gas futures rose slightly, reversing overnight losses, as weather forecasts shifted cooler, indicating higher demand for the heating and power-plant fuel in the coming weeks.
Hormuz Closure Impact Will Be Felt for Months, Seroka Says
Port of Los Angeles Director Gene Seroka says the impact of the Strait of Hormuz closure will be felt for months and he says costs will likely be passed on to consumers. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Russia’s Oil Windfall From Middle East War Keeps Growing
Russia is on course for another oil-tax windfall as the war in the Middle East drives up prices, as well as demand for the country’s crude.
BP’s New CEO Moves to Reshape Company, Overhaul Executive Ranks
BP Plc’s new Chief Executive Officer Meg O’Neill is restructuring the company and consolidating its leadership, moving quickly to fulfill her remit of turning around the beleaguered energy giant after years of underperformance.
Philippines requested US to extend suspension of Russian oil sanctions
Secretary of Energy Sharon Garin said the Philippines needs diversification of supplies
Global trade growth to slow to 2.8% in 2026 — IMF
This trend will be driven by the negative impact of tariffs, as well as changes in global supply chains
Russia expects broad international participation in SPIEF 2026
Russian Deputy Foreign Minister Alexander Pankin noted that after decades of existence, SPIEF "needs neither advertising nor promotion, yet continues to remain the largest and most significant business event in Russia and globally"
I Was ‘Madame Due Process,’ Ex-OPEC Head Says At Bribery Trial
Diezani Alison-Madueke said she sought to increase transparency and competition in Nigeria’s oil industry while she was minister overseeing the sector at a London trial where she faces criminal charges of bribery.
Iran plans to neutralize marine blockade threat through border trade
According to the government, it includes imports of primary goods and exports of products, mobilizing all the possible national and regional resources for this purpose and interacting with public entities
BlackRock Sees Private Credit Tumult as Way to Take Market Share
BlackRock Inc. Chief Executive Officer Larry Fink sees increased demand for private credit from big institutional investors like insurers, even as retail clients grow skittish over the asset class and seek to redeem more of their shares.