
India FMCG Q1 Earnings Preview: Higher Input Costs Likely to Weigh on Profit Margins
Jul 22, 2026 02:32 am UTC| Economy
Indias leading fast-moving consumer goods (FMCG) companies are expected to report weaker first-quarter profit margins as rising raw material costs, driven by the Iran conflict and higher crude oil prices, offset the...

Saudi Oil Tankers Reverse Course as Houthi Threats Disrupt Red Sea Shipping
Jul 22, 2026 02:05 am UTC| Politics Economy
Two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea after Yemens Iran-backed Houthi movement threatened to target vessels transporting Saudi oil, raising fresh concerns over global energy supplies...

Pakistan Seeks $10 Billion U.S. Exchange Stabilization Fund to Boost Forex Reserves
Jul 22, 2026 01:52 am UTC| Politics Economy
Pakistan has asked the United States for a $10 billion exchange stabilization facility to strengthen its foreign exchange reserves and reduce pressure on the Pakistani rupee, according to a Reuters report citing a source...

US Dollar Climbs to Weekly High as Middle East Tensions Lift Treasury Yields and Safe-Haven Demand
Jul 22, 2026 01:44 am UTC| Economy
The U.S. dollar strengthened to its highest level in more than a week on Tuesday as rising Treasury yields and escalating conflict in the Middle East fueled demand for safe-haven assets. The Japanese yen, meanwhile,...

US Stock Futures Steady Ahead of Tesla, Alphabet Earnings as Iran Conflict Keeps Markets on Edge
Jul 22, 2026 01:42 am UTC| Economy
U.S. stock index futures traded little changed late Tuesday after Wall Street rallied on the back of a strong rebound in technology shares, while investors shifted their attention to upcoming second-quarter earnings from...

Trump Announces 100% Tariff on Generic Drug Imports Starting in 2028
Jul 22, 2026 01:41 am UTC| Politics Economy Governance
U.S. President Donald Trump announced Tuesday that his administration will impose a 100% tariff on all imported generic drugs beginning in 2028, giving pharmaceutical companies a two-year window before the new trade policy...

Oil Prices Extend Four-Day Rally as U.S.-Iran Conflict and Red Sea Threats Raise Supply Fears
Jul 22, 2026 01:39 am UTC| Economy
Oil prices climbed for a fourth consecutive session on Wednesday as traders assessed escalating military tensions between the United States and Iran, alongside growing concerns that disruptions to Middle East shipping...