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Iran's airspace to remain closed until April 14 — air traffic controllers
According to the source, Iranian authorities are making an exception for state, military, and medical aircraft, as well as search-and-rescue missions
Dangote Plans Pan-African IPO for Continent’s Biggest Refinery
Aliko Dangote plans to offer shares in his oil-refining company on multiple African stock exchanges, according to the head of the Nairobi Securities Exchange Plc.
Morgan Stanley Says Earnings Shield S&P 500 From Iran War
Accelerating earnings are protecting the S&P 500 from deeper losses and masking a broader pullback in US equities, according to strategists at Morgan Stanley.
Iran War: Tehran Threatens Gulf Ports and Calls US Blockade Illegal | The Opening Trade 4/13/2026
Oil surged back above $100 a barrel while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of Hormuz following the weekend’s deadlock in US-Iran peace talks. Traders are bracing for another week of headline-driven volatility, with the flow of oil and gas through the Hormuz strait in focus as Trump’s restrictions on vessels calling at Iranian ports threaten to deepen a global energy shock. Even so, the relatively limited pullback in riskier assets suggested inv...
Dubai inks deal with HSBC to attract global investors, corporates into emirate
Dubai: Dubai has signed a strategic agreement with HSBC Bank Middle East to attract more international companies, institutional investors and high-net-worth individuals to the emirate, as it steps up efforts to boost foreign capital inflows under its D33 economic agenda.The agreement, signed by the Dubai Department of Economy and Tourism (DET) and HSBC Bank Middle East Limited, aims to make it easier for global businesses and investors to establish or expand operations in Dubai, DET said in a st...
Dollar exchange rate on Forex down below 76 rubles
The euro exchange rate in the interbank market stood at 89.05 rubles
Miami Wealth Boom Drives New $1 Billion Mandarin Hotel Project
Miami’s Mandarin Oriental ended a 25-year run with a planned implosion over the weekend that took less than a minute. From the rubble will rise a $1 billion luxury project fueled by the city’s wealth boom.
Philippines Removes Kerosene, LPG Taxes to Temper Food Prices
The Philippines is removing excise taxes on kerosene and liquefied petroleum gas to curb food inflation, President Ferdinand Marcos Jr. said Monday.
Inside Bucks' season from hell: Giannis trade talk, odd compliments and so much losing
Frustration written all over his face, Giannis Antetokounmpo stewed on the bench. He had been back from injury for half a month, and his Milwaukee Bucks appeared to be possibly turning things around after a 12-19 start to their season, winning five of seven before back-to-back losses to the Denver Nuggets and Minnesota Timberwolves.Advertisement
How Three Key Ships Moved Through Hormuz Hours Ahead of US Blockade
Here's how news of a US Navy blockade affected the movement of three ships in the Strait of Hormuz. Blloomberg's David Ingles reports. (Source: Bloomberg)
China’s Credit Growth Disappoints as Weak Loan Demand Persists
China’s credit expansion slowed more than expected in March from a year earlier, as continued weakness in household and business demand weighs on financing activities.
Saudi Arabia’s oil exports to China to fall by almost half in May — Bloomberg
According to the report, the decline is due to a sharp rise in prices following Saudi Aramco’s decision to raise export prices to record levels amid the conflict surrounding Iran and the effective closure of the Strait of Hormuz
Why India’s Weak Rupee Is About More Than the Iran War
A country whose economy is growing faster than those of its peers would typically see its currency strengthen. India has been expanding more quickly than most other Asian economies, including manufacturing powerhouse China, yet the rupee has fallen in value every year since 2018.
IN BRIEF: Market reaction to US-announced blockade of Iran
Futures for Brent crude oil with June delivery on the London ICE exchange rose by more than 9%
Hungary’s economy will suffer if energy cooperation with Russia disrupted, expert believes
"For Russia, the results of the Hungarian elections are not catastrophic," Dmitry Yelovsky added
Price of futures contracts of Brent oil grew by over 9%
As of 2:38 a.m. Moscow time, the Brent price was up by 9.11% at $103.87 a barrel
Why oil prices aren’t what you think – and what it means for global supply
Growing gap between physical and on-paper oil prices points to more serious energy shock than appreciated, analysts say.
China Starts Bankruptcy Liquidation of Shadow Bank Zhongzhi
A Beijing court has ordered the liquidation of Zhongzhi Enterprise Group Co. and its more than 300 affiliated companies, in a major step toward winding down one of China’s largest shadow banking conglomerates.
Odd Lots: Daoud on How Iran War Will Reshape the Gulf (Podcast)
Hong Kong Issues 53% More IPO Banker Licenses to Ease Shortage
Hong Kong issued 53% more permits for bankers specializing in initial public offerings last month, signaling a tentative recovery even as the regulator maintains a high bar for industry entry.