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Iran-Israel Conflict Sparks Global Market Turmoil and Oil Price Surge

Iran-Israel Conflict Sparks Global Market Turmoil and Oil Price Surge

By Newsroom on 15 June 2025 The recent military escalation between Israel and Iran has sent shockwaves through global markets, raising concerns over the potential for a broader regional conflict. Israel’s airstrikes on Iranian military and nuclear...

From savanna to mega market, African goods gain popularity in China

* China had been Africa's largest trading partner for 16 consecutive years by the end of 2024. * A growing number of African products are entering the Chinese market. * China imported 15.83 billion yuan worth of agricultural goods from Africa in...

City Council agrees to a raise for city employees and funding for MATA

City Council agrees to a raise for city employees and funding for MATA

In a change to the proposed FY2026 budget, Memphis Mayor Paul Young and city council members agreed to add a 3% across the board raise for full-time city employees during the Tuesday, June 10 meeting. Sign up for our free newsletter. Members also...

Fertiliser reaches Gwadar via transit trade

Fertiliser reaches Gwadar via transit trade

Listen to article ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Saturday welcomed the successful berthing of the second Afghan transit trade ship at Gwadar Port. The vessel, carrying 20,000 metric tons of...

Lagos-Calabar highway will cut logistics cost by 15%, says NOA

Lagos-Calabar highway will cut logistics cost by 15%, says NOA

The National Orientation Agency (NOA) says the ongoing construction of the Lagos-Calabar coastal highway will serve as a transformative infrastructure project, driving economic growth and national integration. In its weekly publication, The...

Red Sox Trade Idea Deals $22 Million Closer For Top Catching Prospect

Red Sox Trade Idea Deals $22 Million Closer For Top Catching Prospect

The reigning World Series champion Los Angeles Dodgers have not looked like a championship contender recently. In fact, the club with the highest payroll in baseball — nearly $337 million — has been less than a .500 team in June, winning just five...

Market tumbles after Iran attack

Market tumbles after Iran attack

NEW YORK -- Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P...

Gwadar port emerges as key trade hub for Afghanistan

Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry on Saturday welcomed the successful berthing of the second Afghan Transit Trade Ship at Gwadar Port. The vessel, carrying 20,000 metric tons of Di-Ammonium Phosphate (DAP)...

Second Afghan transit ship docks at Gwadar with 20,000 tons of DAP

Second Afghan transit ship docks at Gwadar with 20,000 tons of DAP

ISLAMABAD: Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry, welcomed the berthing of the second Afghan Transit Trade Ship at Gwadar Port. The vessel carried 20,000 metric tons of Di-Ammonium Phosphate (DAP) fertilizer and...

Air Transport MRO (Maintenance, Repair, And Overhaul) Market Report 2025-2034 - AI, Additive Manufacturing, And Remote Inspections Revolutionizing The $84 Billion Industry

Air Transport MRO (Maintenance, Repair, And Overhaul) Market Report 2025-2034 - AI, Additive Manufacturing, And Remote Inspections Revolutionizing The $84 Billion Industry

(MENAFN- GlobeNewsWire - Nasdaq) The global Air Transport MRO market, valued at USD 84.2 billion in 2025, is projected to grow at a 5.4% CAGR, reaching USD 134.7 billion by 2034. Key growth drivers include digitalization, AI-driven predictive...

Rail Transport Industry Analysis Report 2025-2034: Market To Grow By Over $391 Billion - High-Speed Expansion, Smart Tech, And Green Investment Drive Sustainable, Connected Transit Futures

Rail Transport Industry Analysis Report 2025-2034: Market To Grow By Over $391 Billion - High-Speed Expansion, Smart Tech, And Green Investment Drive Sustainable, Connected Transit Futures

(MENAFN- GlobeNewsWire - Nasdaq) Global Rail Transport Market projected to reach USD 932 billion by 2034, growing at a CAGR of 6.2%. Driven by sustainable logistics demand, expansion of high-speed rail in Europe and Asia, and technological...

OPINION: Diaz – The future of shipping, charting a new

OPINION: Diaz – The future of shipping, charting a new

The global shipping industry, a cornerstone of international trade, is at a pivotal moment as it grapples with technological advancements, environmental concerns, and evolving market demands. With significant revenue generation and a vast network...

Kuwait confirms local market stability amid regional tensions

Kuwait confirms local market stability amid regional tensions

Kuwait capable of facing emergencies, without affecting availability of goods for citizens, residents: Ministry KUWAIT: After the Zionist entity’s attack on Iran on Friday, which prompted swift retaliation and heightened regional tensions, Kuwaiti...

Wilson Audio Sabrina V Arrives to Retire the X—Because Even $20K Speakers Need a Glow-Up Eventually

Wilson Audio Sabrina V Arrives to Retire the X—Because Even $20K Speakers Need a Glow-Up Eventually

Wilson Audio dropped the Sabrina X back in 2020, and like most things bearing the Wilson name, it didn’t exactly come cheap. But it earned its place, staying in the lineup for five solid years—no small feat in a market that chews up and spits out...

Oman, Uzbekistan ink deals to expand air links, trade

Oman, Uzbekistan ink deals to expand air links, trade

Tashkent, Uzbekistan – Oman and Uzbekistan have signed agreements to expand air transport rights and strengthen logistical cooperation, aiming to boost trade and investment ties between the two countries. The accords were reached during the fifth...

Why 11-home scheme won’t be built near market town

Why 11-home scheme won’t be built near market town

A plan to demolish a large house in grounds near a market town and replace it with 11 new houses has been refused permission. Butler Wall Homes of Pontypool applied to knock down the six-bedroom Bridruthen, which sits in two acres off Bannuttree...

Oman, Uzbekistan strengthen trade and investment ties

Oman, Uzbekistan strengthen trade and investment ties

TASHKENT: The Sultanate of Oman and the Republic of Uzbekistan have pledged to deepen cooperation across a wide range of sectors, following the conclusion of the fifth session of the Omani-Uzbek Joint Committee held in Tashkent. The Omani...

Omani market declines amid regional geopolitical tensions

Omani market declines amid regional geopolitical tensions

Muscat: The Omani stock market posted a negative performance during the week, declining by 0.78%. Its performance was similar to other markets in the region, with a fall on the last day of trading impacted by the latest geopolitical developments,...

Employment records: The missing piece in the US labor market?

Employment records: The missing piece in the US labor market?

Marcus, a Detroit autoworker, successfully transitioned to logistics coordination after plant automation. He learned inventory management, customer service, and digital tools on the job—valuable, transferable skills. But there’s no systematic...

African countries excluded as China expands visa‑free transit to 55 nations

African countries excluded as China expands visa‑free transit to 55 nations

China's visa-free transit policy, which grants a 10-day stay for travelers in transit, now includes 55 countries but excludes all African nations—a move that has sparked disappointment and raised questions about Beijing’s travel diplomacy and its...

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