Tag: Red Sea crisis
Maersk suffers ‘capacity loss of 15-20%’ due to Red Sea crisis by StuffsEarth
Maersk noted that while the Peak Season Surcharge was reduced recently, it has been increased again to help cover the additional costs due to the [Read more about this post…]
Fast-fashion retailer H&M delayed some campaigns due to Red Sea crisis by StuffsEarth
H&M CEO Daniel Erver said that the extent of the delay would vary from country to country, but could be around two weeks in some [Read more about this post…]
Oil prices stabilise on weaker US dollar while investors weigh tighter Russian supply; Brent at $86/bbl
Oil prices steadies on Tuesday, March 26 as investors took a more mixed view toward the loss of Russian oil refinery capacity after the recent [Read more about this post…]
Gold rate today at four week high. Should you buy as Middle East crisis boosts demand for yellow metal?
Gold rate today: Despite commitments in the US Fed meeting to maintain a high-interest rate regime, gold price finished more than 0.75 percent higher in [Read more about this post…]
Oil settles at 2-month high on US macro data; Brent, WTI score biggest weekly gain since Israel-Hamas war
Brent crude futures rose $1.12, or 1.4 per cent, to settle at $83.55 a barrel, their highest close since November 30. US West Texas Intermediate [Read more about this post…]
‘Disruption to shipping in Red Sea caused by Houthi militants’ attacks could affect supply chains for months,’ warn Business chiefs by StuffsEarth
Iran’s Foreign Minister Hossein Amirabdollahian. File | Photo Credit: StuffsEarth Business chiefs warned on January 17 that disruption to shipping in the Red Sea caused [Read more about this post…]
Oil hits 2024 high-mark as tankers avoid Red Sea after air strikes; Brent settles at $78/bbl
Brent crude futures settled 88 cents, or 1.1 per cent, higher at $78.29 a barrel. The session high was up over $3 to more than [Read more about this post…]
Market ahead: Q3 results, Red Sea crisis, inflation, FII activity among key market triggers to watch next week by StuffsEarth
On Friday, Key equity indices the Sensex and the Nifty 50 ended with gains for the second consecutive session. Sensex finally closed the day 179 points, [Read more about this post…]
