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Oil Prices Climb As Hormuz Tensions Return To Haunt

India, July 7 -- Oil prices rose more than 1 percent on Tuesday after reports suggested that two commercial vessels were struck by Iranian missiles while transiting the Strait of Hormuz late Monday, r... Read More


French Trade Deficit Widens

India, July 7 -- France's trade deficit widened sharply in May as exports dropped for the first time in three months, data from the customs office showed Tuesday. The trade balance showed a deficit o... Read More


CoreCivic Completes Sale Of Two California Detention Facilities

India, July 7 -- CoreCivic, Inc. (CXW) has completed the sale of its 2,560-bed California City Detention Facility in California and its 1,994-bed Otay Mesa Detention Center in San Diego to the U.S. De... Read More


Chinese Tea Chain Molly Tea Ordered To Pay $1.5 Mln In Louis Vuitton Trademark Case

India, July 7 -- A Chinese court has ordered the popular tea chain Molly Tea to pay 10.3 million yuan (about $1.5 million) in damages to Louis Vuitton, ruling that the company's logo infringed the lux... Read More


European Shares Mixed In Cautious Trade; Chip Stocks Tumble On Valuation Concerns

India, July 7 -- European stocks were mixed on Tuesday as investors pulled profits from volatile tech stocks and reports suggested that two commercial vessels were struck by Iranian missiles while tra... Read More


Norway Industrial Production Falls 2.9%

India, July 7 -- Norway's industrial output declined for the second straight month in May, data from Statistics Norway showed on Tuesday. Industrial production dropped a seasonally adjusted 2.9 perce... Read More


U.S. Dollar Advances Amid Crude Oil Price Rise Due To Fresh Attacks In Gulf

India, July 7 -- The U.S. Dollar value inched higher as rising crude oil prices due to renewed Middle East tensions pushed up inflation concerns, indicating the possibility of a tighter monetary polic... Read More


Asian Shares Slide On Tech Woes

India, July 7 -- Asian stocks declined on Tuesday as investors rotated out of AI chip stocks on doubts over the sustainability of the AI boom. As rising capital expenditures and competition become sy... Read More


Oryx International Growth Fund Returns To Profit In FY Due To Higher Net Gains

India, July 7 -- On Tuesday, Oryx International Growth Fund Ltd. (OIG.L), an asset management company, reported a return to profit for fiscal year ended March 31, 2026 from a loss last year, due to si... Read More


Estonia Inflation Eases To 2.3%, Lowest Since April 2021

India, July 7 -- Estonia's consumer price inflation moderated in June to the lowest level in more than five years, preliminary figures from Statistics Estonia showed on Tuesday. Consumer prices climb... Read More