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Recovery prospects for French luxury giant LVMH depend heavily on how the ongoing crisis in the Middle East unfolds, CEO and controlling shareholder Bernard Arnault said on Thursday. Speaking at the company’s annual shareholder meeting in Paris, Arnault highlighted the severity of the geopolitical situation and its implications for global markets. “You will have noticed… Continue reading LVMH’s growth outlook hinges on Middle East crisis, says Arnault

Wall Street was poised for a weaker open on Thursday as investors paused after a recent rally, with renewed uncertainty over the US-Iran conflict and its impact on oil prices clouding the outlook for growth and inflation. Traders were also reassessing corporate earnings as the latest quarter begins to reflect fresh disruption from Middle East… Continue reading Dow futures plunge 310 points: 5 things to know before market opens

Diet Coke is becoming increasingly hard to find across parts of India, as supply disruptions triggered by the Iran war strain the availability of aluminium cans, colliding with a sharp rise in demand for sugar-free beverages in the country. The shortage stems from delays in aluminium shipments from the Gulf, which accounts for around 9%… Continue reading Diet Coke shortage in India has a surprising Iran war link: here’s how

Tesla’s first-quarter 2026 results gave investors a familiar mix of hard numbers and harder-to-price ambition. Revenue came in at $22.39 billion, net income attributable to common shareholders was $477 million, adjusted EPS was 41 cents, and free cash flow reached $1.44 billion. Deliveries totaled 358,023 vehicles, while capital spending already rose to $2.49 billion in… Continue reading Tesla Q1 earnings: 10 bold predictions Elon Musk made on what comes next

Shares of Man Group declined on Thursday after the hedge fund disclosed that a client withdrew $6.1 billion from one of its strategies in the first quarter. The outflow contributed to stagnation in the firm’s total assets under management during the period. The London-listed company’s shares dropped as much as 7% in early trading before… Continue reading Man Group assets flat in Q1 as client pulls $6.1B

Indian equities came under renewed pressure after HSBC downgraded its stance on the market to underweight, warning that a surge in oil prices linked to the Middle East conflict could derail the country’s earnings recovery and dampen investor sentiment. The downgrade, the brokerage’s second in less than a month, reflects growing concern that rising energy… Continue reading HSBC downgrades Indian equities to Underweight as oil surge hits markets

Univity, a satellite internet startup backed by the French state, said on Thursday it had closed a €27 million ($32 million) funding round. The company aims to launch thousands of satellites and position itself as Europe’s largest satellite operator. The Series A funding round, combined with a €31 million contract from the French space agency,… Continue reading Univity raises €27M to build Europe’s biggest satellite network