Adidas shares slide after weak 2026 outlook; company says Middle East war impact unclear

[ad_1] German sportswear giant Adidas shares fell sharply on Wednesday after the company issued a weaker-than-expected outlook for 2026, while warning that the business impact of the escalating Middle East conflict remains uncertain, AFP reported.The maker of Gazelle and Samba trainers said it expects operating profit to rise to 2.3 billion euros ($2.7 billion) in…

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UAE markets reopen after 2 day shutdown: Dubai, Abu Dhabi stocks tumble as Iran war shock hits investors

[ad_1] Stocks in the United Arab Emirates fell sharply on Wednesday as markets reopened after a rare two-day trading halt triggered by Iran’s missile and drone attacks on the Gulf nation over the weekend, prompting investors to reassess geopolitical risks, Reuters reported.Dubai and Abu Dhabi exchanges had suspended trading on March 2 and March 3…

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US-Iran war sends shockwaves! Most crude via Strait of Hormuz heads to China, India – how vulnerable are they after closure?

[ad_1] Any interruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows. Strait of Hormuz closure has sent shockwaves in global markets and with no signs of the US-Israel-Iran war de-escalating, oil prices have been climbing up. The expanding conflict in Iran has brought tanker movement through the…

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Gold price today: How much 24K, 22K gold costs in Delhi, Bangalore & more – check rates

[ad_1] Gold prices traded higher in futures markets on Tuesday, supported by firm global cues, even as retail bullion rates across major Indian cities recorded a noticeable correction after recent sharp gains.As of 15:12, gold futures on the Multi Commodity Exchange (MCX) remained elevated across contracts. The April 2026 contract traded at Rs 1,63,594 per…

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Oil shock for stock markets: Why Indian equities may be among most impacted in Asia by Iran war

[ad_1] According to Goldman Sachs, Indian companies could be among the hardest hit in Asia by the conflict involving Iran. (AI image) US-Israel-Iran war impact: Indian equity benchmarks, Nifty50 and BSE Sensex, will see mounting pressure in the coming days if the Middle East crisis persists, feel analysts. Indian stocks, already under pressure, are expected…

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Gold, Silver Rate Today Live Update: Gold rises 1% on Middle East crisis; investors run to safe haven assets

[ad_1] Gold and silver began Wednesday’s session with strong gains on the Multi Commodity Exchange of India as intensifying US-Israeli air strikes on Iran and mounting geopolitical tensions spurred increased buying in safe-haven assets. April 2026 gold futures on the MCX climbed by more than Rs 2,157, or 1.33%, to trade at Rs 1,63,265 per…

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