Economy

Economy
Economy

Hims stock jumps 50% as Novo Nordisk ends lawsuit, strikes deal

Telehealth platforms are becoming a gateway for access to blockbuster weight loss medicines. That shift became clearer on Monday after Novo Nordisk dropped its patent infringement lawsuit against digital health provider Hims & Hers. The Danish pharmaceutical company has instead agreed to allow Hims to distribute its branded semaglutide drugs through its telehealth platform. The

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Economy

Lockheed Martin stock: prepares for windfall as Iran war continues

Lockheed Martin stock price has gone vertical since 2024 and is now hovering near its all-time high. LMT was trading at $671 on Friday, down slightly from the all-time high of $692. It remains about 66% from its lowest point in 2025, and this trend may continue as demand continues rising. Lockheed Martin to benefit

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Economy

Nigel Farage buys stake in Bitcoin treasury firm as crypto push grows

Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company focused on accumulating the digital asset. The Reform UK leader now holds a 6.31% stake through his media vehicle Thorn In The Side, according to a release issued Monday. The move links

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Economy

Analysis: Can Gulf oil find new routes if Hormuz remains shut?

With conflict escalating in the Middle East Gulf, the crucial Strait of Hormuz has effectively shut down, immediately halting the transit of oil and casting deep uncertainty over the fate of roughly 16 million barrels per day (bpd) of crude exports from the region. As flows through this vital chokepoint grind to a standstill, the

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Economy

Why the AI funding surge is distorting the ecosystem for female founders?

The surge in artificial intelligence investment is reshaping venture capital markets, but it is also concentrating funding in ways that may complicate progress for women founders. While female-founded startups in the United States raised a record amount of venture funding in 2025, much of the capital was concentrated in a handful of AI companies, highlighting

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Economy

This one signal will confirm Iran war is now old news for stock market

The global financial landscape has been fixated on the Iran war in recent days. While the strikes that killed Tehran’s supreme leader and the nation’s subsequent “retaliation” were broadly expected to hurt stock prices, markets have actually shown a surprising level of resilience. Despite this apparent stability, however, investors remain in a state of purgatory,

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Economy

Will Dubai’s $250B property market survive the Middle-East conflict?

“I have lived in Dubai for the past 2 years, and it has been great. But when you see missiles flying, all other factors go out of the window. You want to rush to safety,” said Dan Hayes, a sports marketing executive. Dubai’s skyline — long a symbol of rapid growth and a haven for

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Economy

How Iran Israel conflict is shaking Middle East airlines, global tourism

The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East. Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight paths. One of the

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Economy

Oil turmoil widens Brent-WTI gap, drives diesel, jet fuel cracks

Global oil markets were thrown into turmoil as disruptions to critical supply routes through the Strait of Hormuz caused oil prices to surge dramatically, widening price gaps between different crude grades, refined products, and futures contracts. The price differential between Brent and West Texas Intermediate (WTI) crude oil has recently expanded, reaching a peak of

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Economy

Indian paint stocks slump as crude surge, weak demand hit margins

Indian paint companies are facing renewed pressure as rising crude oil prices, softer demand trends, and intensifying competition weigh on the sector’s outlook. Shares of major paint manufacturers have declined sharply in recent trading sessions, reflecting concerns that higher input costs and slowing consumption could squeeze profitability. The sector’s vulnerability stems largely from its heavy

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