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Business news today and breaking business updates with sharp market moves, earnings, deals, policy shifts, and clear analysis that respects your time.

An aviation fuel tanker refuelling an aircraft, illustrating jet fuel supply

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India raised export duties on aviation turbine fuel and diesel from June 16 while leaving petrol untouched, a move that looks backward until you stop watching crude. With oil prices falling after

June 18, 2026

by Economy Desk

Centene Corporation community outreach event, with volunteers at a food bank

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid cuts over the next decade. Layoffs will follow

June 18, 2026

by Economy Desk

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Electronic Arts has launched EA Advertising, a platform that lets brands buy dynamically served placements inside

Electronic board showing Nikkei 225 stock prices in Tokyo as chip stocks rally on the US-Iran ceasefire

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

A war that had hung over every chip stock for weeks came off the screens on

Commercial oil tankers near the Strait of Hormuz during the Iran conflict

US Banks $23 Billion From Oil Exports, Iran Conflict Sends Global Energy Markets Into Turmoil

The United States earned nearly $23 billion from oil and petroleum product exports in March alone as the escalating tensions in the Middle East disrupted global energy flows and sent crude prices

May 8, 2026

Business·Economy·News

Shell headquarters in London as global oil markets react to Iran conflict

Shell Reaps Billions From Iran War Oil Shock, Energy Markets Spiral

Shell posted its strongest quarterly profit in nearly two years on Thursday, reporting a massive surge in earnings as the expanding Iran war sent oil and gas markets into turmoil and triggered

May 7, 2026

Business·Economy·News

Traders react as AI stocks surge and oil prices fall amid Iran diplomacy optimism

Wall Street Bets Big on Iran Calm, AI Stocks Trigger Record Market Frenzy

Wall Street’s most powerful rally of the year began with fear. For days, traders watched oil markets convulse as military tensions around the Strait of Hormuz threatened to spiral into a broader

May 7, 2026

Business·Economy

US airlines aircraft grounded amid jet fuel crisis and rising oil prices in 2026

US Airlines Hit by $5 Billion Fuel Shock, Iran Crisis Sends Jet Costs Soaring

The US airline industry is facing one of its most severe cost pressures in years as jet fuel expenses surged past $5 billion in March, driven by escalating instability in the Middle

May 7, 2026

Business

Saudi Arabia PIF expanding investment presence in Shanghai financial district with China partnership concept

Saudi Arabia’s PIF Opens Shanghai Office in Major China Power Shift, Riyadh Bets Bigger on Beijing

Saudi Arabia’s sovereign wealth empire is planting a deeper flag in China. The kingdom’s Public Investment Fund, the $1 trillion financial engine behind Crown Prince Mohammed bin Salman’s Vision 2030 transformation strategy,

May 7, 2026

Business

Wall Street traders react as Nasdaq and S&P 500 hit record highs amid AI stock rally

Wall Street Explodes Higher, AI Mania and Iran Oil Breakthrough Push S&P 500 to Historic Records

Wall Street surged to historic highs on Wednesday as investors poured money into artificial intelligence giants and semiconductor firms, betting that easing tensions around Iran and falling oil prices could remove one

May 6, 2026

Business·Conflicts, Military and War·Economy

Disney CEO Josh D’Amaro during Disney earnings presentation as streaming profits surge in 2026

Disney Declares the Streaming Wars Far From Over as New CEO Delivers Stunning Comeback Quarter

The Walt Disney Company delivered its clearest sign yet that the turbulence surrounding Hollywood’s streaming revolution may finally be entering a new phase, after the entertainment giant reported stronger-than-expected quarterly earnings and

May 6, 2026

Business·Entertainment

Mooney M20M Bravo 2000 high-speed aircraft in flight

Mooney M20M Bravo 2000 Emerges as High-Speed Powerhouse in Private Aviation Market

In an aviation market increasingly shaped by efficiency, speed, and technological upgrades, a 2000-model Mooney M20M Bravo has captured renewed attention as a standout example of how legacy engineering can compete with

May 6, 2026

Business·News

Victoria budget 2026 presented in parliament as debt nears 200 billion

Victoria Budget 2026: Election-Year Giveaways Mask Exploding Debt, Rising Taxes, and Fiscal Risk

Victoria’s 2026–27 state budget arrives with a carefully constructed narrative: relief today, stability tomorrow. But beneath the political messaging lies a far more complex and troubling fiscal reality, one defined by escalating

May 6, 2026

Economy·News

Traders monitor falling markets amid rising global banking risks and HSBC credit losses

HSBC Reports Flat Profit, Credit Losses Rise and Earnings Miss Expectations

HSBC reported a largely unchanged quarterly profit on Tuesday, as a sharp rise in credit losses tied to a troubled UK lending exposure and mounting geopolitical tensions offset otherwise steady revenue growth,

May 6, 2026

Business·News

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Business- Page 43

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

EA Advertising Launches to Steal TV’s Sports Budgets With In-Game Brand Deals

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

US Banks $23 Billion From Oil Exports, Iran Conflict Sends Global Energy Markets Into Turmoil

Shell Reaps Billions From Iran War Oil Shock, Energy Markets Spiral

Wall Street Bets Big on Iran Calm, AI Stocks Trigger Record Market Frenzy

US Airlines Hit by $5 Billion Fuel Shock, Iran Crisis Sends Jet Costs Soaring

Saudi Arabia’s PIF Opens Shanghai Office in Major China Power Shift, Riyadh Bets Bigger on Beijing

Disney Declares the Streaming Wars Far From Over as New CEO Delivers Stunning Comeback Quarter

Mooney M20M Bravo 2000 Emerges as High-Speed Powerhouse in Private Aviation Market

Victoria Budget 2026: Election-Year Giveaways Mask Exploding Debt, Rising Taxes, and Fiscal Risk

HSBC Reports Flat Profit, Credit Losses Rise and Earnings Miss Expectations

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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