Business sentiment is being shaped as much by geopolitics as by earnings. In the Gulf, the collapse of a brief ceasefire has reignited U.S.-Iran hostilities, with fresh Iranian attacks on regional partners, pressure on shipping through the Strait of Hormuz, and warnings from Tehr...
Business sentiment is being shaped as much by geopolitics as by earnings. In the Gulf, the collapse of a brief ceasefire has reignited U.S.-Iran hostilities, with fresh Iranian attacks on regional partners, pressure on shipping through the Strait of Hormuz, and warnings from Tehran’s leadership that Washington will face “unforgettable lessons.” Markets will be watching closely for any disruption to energy flows after reported strikes in Kuwait, including on key infrastructure. Elsewhere, climate risk is back in view as Canada prepares an air evacuation of Fort Hope, while wildfire smoke spreads deep into the United States, underscoring the economic toll of extreme weather. Against that uneasy backdrop, Kotak Mahindra Bank offered a rare note of reassurance, posting strong quarterly profit growth on higher income and improving asset quality, suggesting parts of the banking sector remain resilient even as global uncertainty rises.
Top Business stories
- Iran renews attacks on Gulf states and Jordan after seven nights of US strikes (8 sources)
- Iran’s Supreme Leader Warns US of ‘Unforgettable Lessons’ Over Alleged MoU Breaches (7 sources)
- Kotak Mahindra Bank Q1 profit rises on higher income and improved asset quality (6 sources)
- Canada prepares aircraft evacuation of Fort Hope amid wildfire smoke across U.S. (4 sources)
- US prosecutors file attempted aggravated murder charges in Utah stabbing of Muslim man (3 sources)
- HDFC Bank Q1 net profit rises 5% YoY; NII increases 7% (3 sources)
- ICICI Bank reports Q1 profit growth, stronger margins and improving asset quality (3 sources)
- Dietitian shares daily eating advice for pregnancy, including a ‘Tassie burrito’ and soup (3 sources)
Heather Headlines
Author at IfHighLow
