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Economic Indicator
World Bank slashes 2026 Middle East growth forecast after energy sector turmoil
GCC growth forecast cut to 1.3% for 2026 due to lower hydrocarbon revenuesKuwait and Qatar economies expected to contract this yearWorld Bank warns of lingering risks for the region DUBAI, April 8 - The World Bank has slashed its 2026 growth forecast for Middle East economies as a consequence of ...
Reuters
Wed, Apr 8
Economic Indicator
World Bank expects stronger exports to lift Western Balkans growth to average 3.1% in 2026-27
SARAJEVO, April 8 (Reuters) - Economic growth for six Western Balkans countries is projected to increase to 3.1% on average in 2026 and 2027 on stronger exports and public investment after a slowdown last year, the World Bank said on Wednesday.Albania, Bosnia, Kosovo, Montenegro, North Macedonia and...
Reuters
Wed, Apr 8
Economic Indicator
East Asia economic growth to slow due to war, energy costs - World Bank
LONDON, April 8 (Reuters) - Economic growth in East Asia Pacific will slow this year as war in the Middle East, and the elevated energy price and trade turmoil weigh on economies in the region, the World Bank said in its economic outlook for the region published on Wednesday. The bank expects growth...
Reuters
Wed, Apr 8
Stocks
ROI-Global imbalances are back, and there's no fix in sight: McGeever
By Jamie McGeever ORLANDO, Florida, April 8 (Reuters) - Remember global imbalances? They're back. In a fractured world increasingly marked by self-interest and protectionism, the prospects for a coordinated response among the major economic powers to fix them and avert a crisis look remote.Th...
Reuters
Wed, Apr 8
Commodities
Iranian Oil Refining Company confirms attack on Lavan refinery, Shana reports
DUBAI, April 8 (Reuters) - An oil refinery on Iran's Lavan Island was targeted in an "enemy attack" on Wednesday, which caused no casualties, the National Iranian Oil Refining and Distribution Company said, according to the Oil Ministry's news outlet, Shana. The company said the faci...
Reuters
Wed, Apr 8
Stocks
LIVE MARKETS-US futures jump on Iran ceasefire; S&P 500 eyes key technical levels
US equity index futures sharply higher: Nasdaq 100 up >3%Mortgage Market Index 276 vs 278.3 last weekEuro STOXX 600 index advances >4%Dollar slides ~1%; US crude collapsing >15%; gold up ~2%; bitcoin up >3%US 10-Year Treasury yield tumbles to ~4.24%Welcome to the home for real-time cover...
Reuters
Wed, Apr 8
Economic Indicator
Iran's IRGC: Will manage Strait of Hormuz proactively
Iran's Islamic Revolutionary Guard Corps (IRGC) stated on Wednesday that Iran will manage the Strait of Hormuz proactively and control it intelligently, while warning of a stronger response to any renewed attacks from the United States (US) or Israel, per Reuters.
Fxstreet
Wed, Apr 8
Other
Competition Bureau Obtains Court Order To Advance Investigation Into Keyera's Proposed Acquisition Of Canadian Natural Gas Liquids Business Of Plains
April 8 (Reuters) - Keyera Corp KEY.TO:COMPETITION BUREAU: OBTAINS COURT ORDER TO ADVANCE INVESTIGATION INTO KEYERA'S PROPOSED ACQUISITION OF CANADIAN NATURAL GAS LIQUIDS BUSINESS OF PLAINSCOMPETITION BUREAU: COURT ORDER REQUIRES INTER PIPELINE LTD TO PRODUCE RECORDS, INFORMATION RELEVANT TO INV...
Reuters
Wed, Apr 8
Other
MTU enters drone propulsion market with German startup deal
By Maria Rugamer and Alexander Hübner April 8 (Reuters) - Munich-based engine manufacturer MTU Aero Engines MTXGn.DE is entering the drone propulsion market with an acquisition of a Cologne-based startup.MTU is buying AeroDesignWorks GmbH, which develops turbojet engines for smaller unmanned aeri...
Reuters
Wed, Apr 8
Stocks
Evercore initiates coverage of Elevance Health, backs earnings outlook
Evercore ISI initiates coverage of health insurer Elevance Health ELV.N with an "in line" rating and PT of $345, implying an upside of around 10% from current levels Brokerage says ELV's diversified portfolio supports earnings in the current environment and expects the company to meet or...
Reuters
Wed, Apr 8
Other
Miotal, A Sovereign-Scale Strategic Metals Platform, To Be Listed On Nasdaq Through Merger With Fifth Era Acquisition Corp I (Nasdaq Fera)
April 8 (Reuters) - Fifth Era Acquisition Corp I FERA.O:MIOTAL, A SOVEREIGN-SCALE STRATEGIC METALS PLATFORM, TO BE LISTED ON NASDAQ THROUGH MERGER WITH FIFTH ERA ACQUISITION CORP I (NASDAQ: FERA)FIFTH ERA ACQUISITION CORP I - COMBINED COMPANY EXPECTED TO OPERATE AS MIOTAL AND BE LISTED ON NASDAQFIFT...
Reuters
Wed, Apr 8
Stocks
OPKO Health rises as ModeX starts early trial of COVID-19 prevention antibody
Shares of biotech firm OPKO Health OPK.O rise 1.7% to $1.19 premarketCo says its unit ModeX Therapeutics begins dosing volunteers in an early-stage studyModeX’s experimental antibody MDX2301 is being tested to prevent COVID-19, an infectious respiratory disease that can be severe in older adults and...
Reuters
Wed, Apr 8
Stocks
Bed Bath & Beyond up after disclosing F9 Brands takeover plan
Shares of Bed Bath & Beyond BBBY.N up around 10% at $4.78 premarketE-commerce company says it has signed a letter of intent to buy equity interests and substantially all assets of F9 Brands, including Lumber Liquidators and Cabinets To GoDeal values at nearly $150 million, including $37 million ...
Reuters
Wed, Apr 8
Stocks
AMTD IDEA Group's Controlling Shareholder, Directors and Executive Officers Enter into Voluntary Lock-up on Holdings
PARIS, NEW YORK and SINGAPORE, April 8, 2026 /PRNewswire/ -- AMTD IDEA Group ("AMTD IDEA Group") (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc. ("AMTD Group"), today announced that AMTD Group and all of AMTD IDEA Group's director...
PR Newswire
Wed, Apr 8
Commodities
Saudi Arabia's East-West oil pipeline hit in Iranian attack, damage being assessed, industry source says
April 8 (Reuters) - Saudi Arabia's East-West oil pipeline was hit in an Iranian attack and damage was being assessed, while other facilities were also targeted, an industry source told Reuters on Wednesday.The pipeline is the only outlet for Saudi crude exports after Iran's effective closure...
Reuters
Wed, Apr 8
Commodities
EXPLAINER-What the US, Iran, Israel and Pakistan have said about the ceasefire
April 8 (Reuters) - The United States, Israel and Iran have agreed to a two-week ceasefire, reached with Pakistani mediation, and U.S. and Iranian officials are expected to hold talks on Friday to discuss a long-term settlement.While Tehran and Washington have agreed to talks, Iran's 10-point pr...
Reuters
Wed, Apr 8
Other
Sealsq Reports Q1 2026 Key Financial And Operational Metrics And Provides Business Update
April 8 (Reuters) - Sealsq Corp 8OE.MU:SEALSQ REPORTS Q1 2026 KEY FINANCIAL AND OPERATIONAL METRICS AND PROVIDES BUSINESS UPDATESEALSQ CORP - REAFFIRMS FY 2026 REVENUE GUIDANCE OF 50%-100% YEAR-OVER-YEAR GROWTHSEALSQ CORP - ACTIVE BUSINESS PIPELINE EXCEEDS $200 MILLION FOR 2026-2029SEALSQ CORP - PRE...
Reuters
Wed, Apr 8
Other
Iran to approach peace talks with US with caution, Iranian ambassador to UN says
GENEVA, April 8 (Reuters) - Iran will approach peace talks with the U.S. with far more caution than previous negotiations due to a big gap in trust, and the war will affect the future legal regime of the Strait of Hormuz, the Iranian ambassador to the U.N. in Geneva said on Wednesday."We are not...
Reuters
Wed, Apr 8
Other
Turkish intelligence played a role securing U.S.-Iran ceasefire, media says
ANKARA, April 8 (Reuters) - Turkey’s intelligence agency played a key role in diplomatic efforts leading to a two-week ceasefire between the United States and Iran, Turkish media reported on Wednesday, citing security sources. Washington agreed late on Tuesday to the truce, brokered by Pakistan, in ...
Reuters
Wed, Apr 8
Commodities
European and other world leaders urge 'swift and lasting end' to Iran war
LONDON, April 8 (Reuters) - Leaders of Britain, Germany, Japan, Canada and other European countries said on Wednesday that the goal must be to negotiate "a swift and lasting end to the war" in Iran within the coming days, following a U.S.-Iran ceasefire. "Our governments will contribute...
Reuters
Wed, Apr 8
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