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Could the Air India Ahmedabad crash derail its turbulent revival?

Air India’s long-awaited turnaround, spearheaded by the Tata Group, has encountered a serious setback after the fatal crash of AI171 on Thursday…
Stock

S&P 500 is expensive on all valuation metrics, but don’t sweat it – strategist says

US stocks have recovered significantly over the past two months from the initial plunge catalyzed by the Trump administration’s tariff policy. S&P…
Stock

US battery storage poised for sustained growth amid cost reductions

Following significant growth in 2024, the US battery energy storage (BESS) market is experiencing a nationwide boom this year. Declining battery manufacturing…
Stock

Israel’s attack on Iran deepens old conflict: what does this mean for the Middle East?

The long-simmering, complex conflict between Israel and Iran, a defining feature of the Middle East for decades, has violently erupted into a…
Stock

Europe markets open: Stoxx 600 drops 1%, FTSE 100 -0.5% amid Israel-Iran escalation

European stock markets opened sharply lower on Friday, with investors reacting swiftly to a significant escalation of conflict in the Middle East…
Stock

Iran pulls out of US talks after Israel attack: can it dent Iran’s nuclear efforts?

Iran will not be participating in the nuclear negotiations with the United States scheduled on Sunday, the country announced on state television…
Stock

EU nuclear ambition: $278B investment targets capacity boost by 2050

The European Commission announced on Friday that European Union countries would need 241 billion euros ($278 billion) in investments to expand nuclear…
Stock

UK GDP falls by 0.3% in April as services slump and US tariffs bite

The UK economy shrank by 0.3% in April, a sharper-than-expected decline that has raised fresh concerns about the fragility of the recovery…
Stock

Gordon Brothers buys Poundland; pledges £80 mn for turnaround after Pepco’s UK exit

Poundland is poised for a sweeping restructuring after investment firm Gordon Brothers acquired the struggling British discount retailer from parent company Pepco…
Stock

Air India plane crash: London-bound flight with 242 onboard crashes after take-off

An Air India flight bound for London Gatwick crashed shortly after take-off from Ahmedabad on Thursday afternoon. The Boeing 787-8 Dreamliner, operating…
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