Major airlines are increasing baggage fees and reducing flight schedules as jet fuel prices swing wildly due to Middle East tensions affecting oil supplies.
Austria's Bawag Bank has agreed to purchase Irish lender Permanent TSB for $1.9 billion, allowing the Irish government to exit its stake.
KKR imposed redemption limits on an asset-based fund after 7.2% withdrawal requests, while TCW cut Red Lobster equity value by 98%.
Nigerian businessman Aliko Dangote plans to launch a pan-African initial public offering for his major refinery project.
U.S. crude stockpiles increased for seventh straight week while Canadian crude and North Sea oil prices hit multi-year highs amid tight supply conditions.
Americans face ongoing economic pressures from inflation, gas prices, and tax burdens, while some receive higher tax refunds.
Stegra, a Swedish green steel company, received $1.65 billion in funding led by the Wallenberg family to complete construction of its new steel plant.
Global markets show varied trends with India experiencing foreign outflows, Italian debt facing pressure, and UK pension fund making major US investment.
Cryptocurrency-focused hedge funds are expanding into traditional commodities while others adjust dollar positions based on geopolitical developments.
Various business developments include rising oil prices, merger activity, defense spending, and leadership changes across multiple industries.
Financial markets show varied trends with Intel rallying while AI models struggle with sports betting predictions and NFL teams adopt AI for draft analysis.
Bank of America, Deutsche Bank, and Goldman Sachs released separate investment analyses covering Indian banking, Chinese energy, and AI infrastructure sectors.
Reports highlight fossil fuel industry lawsuit defense efforts alongside financial difficulties facing clean energy projects in New York.
Economic data shows slower-than-expected fourth-quarter growth while February inflation met forecasts, amid market uncertainty over Middle East developments.
Stellantis reported a 12% year-over-year increase in vehicle shipments for the first quarter, driven by growth in North America and Europe.
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