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Politics
LVMH stock drops as luxury recovery ‘party postponed’ amid Iran war
A sign on the exterior of a Louis Vuitton luxury boutique operated by LVMH Moet Hennessy Louis SE is pictured in Paris, France, January 25, 2024. Benoit Tessier | ReutersShares of LVMH dropped Tuesday after it flagged a hit to sales from…
China calls U.S. blockade ‘dangerous and irresponsible’
China has called the U.S. blockade of Iranian ports in the Strait of Hormuz a "dangerous and irresponsible act" that will further enflame tensions in the region.The Ministry of Foreign Affairs said Tuesday that the targeted blockade of…
BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
British oil and gasoline company BP (British Petroleum) signage is being pictured in Warsaw, Poland, on July 29, 2024.Nurphoto | Nurphoto | Getty ImagesBP's oil trading desk enjoyed "exceptional" performance during the first quarter, the…
Novo Nordisk partners with OpenAI as AI drug discovery hopes mount
People walk past a sign for Novo Nordisk’s annual general meeting at the entrance to the venue in Copenhagen, Denmark, March 26, 2026. Tom Little | ReutersNovo Nordisk is partnering with OpenAI to "bring new and better treatment options…
S&P stages a comeback, erasing all Iran war losses
Traders signal offers in the S&P options trading pit at the Cboe Global Markets exchange on March 31, 2026 in Chicago, Illinois. Scott Olson | Getty Images
Hello, this is Leonie Kidd writing to you from London. Welcome to another…
WTI, Brent as markets weigh Hormuz blockade against diplomacy
An aerial view shows the Chevron EL Segundo refinery, one of the largest petroleum processing facilities in California, on April 8, 2026 as seen from above Manhattan Beach, California. Mario Tama | Getty ImagesOil prices fell Tuesday as…
China exports miss estimates in March, imports post best growth in more
A cargo ship loaded with foreign trade containers sails towards the open sea in Jiaozhou Bay, Qingdao, Shandong, China, on April 13, 2026. Costfoto | Nurphoto | Getty ImagesChina's export growth slowed in March as manufacturers grappled…
Trump is blockading Iranian Persian Gulf ports. What does that mean?
A navy vessel is seen sailing in the Strait of Hormuz, a vital waterway through which much of the world's oil and gas passes on March 1, 2026. Sahar Al Attar | Afp | Getty ImagesPresident Donald Trump on Monday rolled out a "blockade" of…
Asia markets rise amid hopes of a U.S-Iran deal, China data in focus
A cargo ship is loading and unloading foreign trade containers at Qingdao Port in Qingdao City, Shandong Province, China on July 28, 2025. CFOTO | Future Publishing | Getty ImagesAsia-Pacific markets opened higher Tuesday, amid hopes…
Up to Iran to push peace talks amid Hormuz Strait blockade
US Vice President JD Vance (R) speaks during a news conference after meeting with representatives from Pakistan and Iran, as US President Donald Trump's son-in-law Jared Kushner (L) and US Special Envoy to the Middle East Steve Witkoff…