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REVEALED: 7 - The Real Truth

Food shortages, broken toilets and 250 days at sea: Crisis unfolds on Trump’s warship in the Middle East

Sailors have raised concerns about life on board the aircraft carrier, which has been at sea since November

The Independent UK

2 UAE tankers attacked while transiting Strait of Hormuz

The United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, activists delivered crucial aid to Palestinians facing aggression from Israeli settlers in the West Bank. In a separate conflict, Yemen's military thwarted Houthi incursions, and a drone was successfully…

The Economic Times

US stocks: US markets trade muted as investors weigh Middle East tensions, data

US stock indexes traded with little change amid market volatility on Friday. Investors monitored retail sales data and developments in the Middle East region. Communication services sector saw gains, while chip stocks experienced mixed trading.

The Economic Times

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Inflation Eased Again in July. But The Middle East Energy Shock Is Putting The Relief at Risk.

The Consumer Price Index rose just 0.1% in July after declining 0.4% in June, and annual inflation eased to 3.4% from 3.5% the previous month. PPI prices were also below expectations.

International Business Times

Rupee logs weekly decline, with RBI intervention curbing losses

The Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite this, central bank interventions and steady dollar sales by state banks helped mitigate more significant losses. With India relying on imports for about ninety percent of its oil, the economy…

The Economic Times

2 UAE tankers attacked while transiting Strait of Hormuz, and other news from the Middle East

The United Arab Emirates is blaming Iran for firing drones at two tankers operated by a state-owned oil company as they sailed through the Strait of Hormuz, saying Friday the attacks represented acts of piracy

The Independent UK

Tata Motors PV shares fall 5% after weak Q1 results. What are Morgan Stanley, Nomura, others saying?

TMPV Share Price: Tata Motors’ Q1 FY27 net profit plunged 80% YoY to ₹775 crore due to supply disruptions, Middle East tensions and Jaguar’s wind-down, while revenue rose 9% to ₹95,799 crore and EBITDA margin narrowed to 7.4%.

The Economic Times

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Israeli minister calls for police to replace military in handling West Bank settlers

Israel's Defence Minister Israel Katz called Friday for the police to take over law enforcement in the occupied West Bank from the military. Settlers there have been attempting to force Palestinian residents from their homes for nearly a week, intensifying efforts to seize more land. Read about the day’s events…

France 24

US Navy sends new warship to replace USS Lincoln in Iran war amid mental health crisis, sailors threatening to jump overboard

The USS George Washington is heading towards the Middle East as concerns grow. The USS Abraham Lincoln faces an extended deployment, setting a new record. Lawmakers are seeking greater accountability from the Pentagon regarding carrier conditions. The Navy acknowledges disruptions and supply shortages impacting sailors at sea. Mental health concerns…

The Economic Times

Yen's slide to weekly loss prompts bets for another intervention

The Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key to this situation is the Bank of Japan's position on interest rates, which directly impacts yen stability. Additionally, rising oil prices and geopolitical tensions in the Middle…

The Economic Times

Stocks in news: Indigo Paints, LG Electronics India, Tata Motors PV, Honasa Consumer, Ashok Leyland, Physicswallah

Indian equity markets saw a decline on Thursday, August 13, with the Nifty 50 closing lower. Persistent Middle East tensions and a stronger US dollar influenced investor sentiment negatively. Several companies like Indigo Paints and LG Electronics India reported their first-quarter earnings results. Other firms such as Ashok Leyland and…

The Economic Times

Zetwerk files updated IPO draft papers to raise Rs 2,600 crore

The public filing comes at a ⁠time when ‌India's primary market is reviving after a subdued first half of the year ⁠due to the impact of the Middle East war and a spike in crude oil prices.

The Economic Times

Pete Hegseth says reports about poor conditions aboard carrier are misrepresented

Defense Secretary Pete Hegseth has dismissed claims regarding poor conditions on the USS Abraham Lincoln, asserting that they have been exaggerated. Since January, the aircraft carrier has been actively engaged in missions in the Middle East. Concerns have been raised by Democratic lawmakers about the impact of prolonged deployment on…

The Economic Times

JLR sales hit by fire at supplier and Middle East disruption

The company, owned by India’s Tata Motors, said revenues were also dented by the planned wind down of a number of Jaguar models.

Evening Standard

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The Independent UK

Jaguar Land Rover’s recovery from major cyber attack hit by fire at supplier and Middle East disruption

The company, owned by India’s Tata Motors, said revenues were also dented by the planned wind down of a number of Jaguar models

The Economic Times

Global Market: European stocks gain as lower oil prices offer relief amid Middle East tensions

European shares edged higher as easing oil prices offered some relief, though stalled US-Iran peace efforts and Strait of Hormuz disruptions capped gains. The STOXX 600 rose 0.2%, while the FTSE 100 slipped 0.3% despite stronger-than-expected UK economic growth.

The Economic Times

US says more oil is leaving Middle East. Is it really?

US Energy Secretary Chris Wright claims nearly nine million barrels daily leave the Strait of Hormuz. Vessel tracking services, however, report volumes closer to half this amount. Total Middle East crude exports remain below pre-conflict levels, according to tracking data.

The Times of India

US sailors trying to jump overboard amid extended Middle East deployment: Report

Sailors aboard the USS Abraham Lincoln have reportedly attempted to jump overboard amid mounting mental health concerns and an extended Middle East deployment, with military families and US lawmakers warning that conditions aboard the aircraft carrier are reaching a breaking point.

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The Economic Times

Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says

Global oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening the oil market deficit. This year's expected supply drop compares with earlier forecasts and is significant. The International Energy Agency expects a deficit of 1.8 million barrels daily over…

The Independent UK

Soldiers aboard USS Lincoln growing desperate after Middle East deployment extended indefinitely

If you are experiencing feelings of distress, or are struggling to cope, you can speak to the Samaritans, in confidence, on 116 123 (UK and ROI) or visit the Samaritans website to find details of your nearest branch.

The Economic Times

Why US stocks are rising: Nasdaq leads Wall Street higher as AI stocks rally, inflation supports Fed pause

US stock markets rallied on Wednesday, with the Nasdaq taking the lead in gains. Encouraging earnings reports from AI infrastructure companies provided a notable boost to technology stocks. Inflation data matched expectations, fostering confidence that the Federal Reserve may opt to maintain current interest rates. Meanwhile, the fluctuating situation in…

The Economic Times

Tata Motors eyes supply chain debottlenecking, new markets to boost Q2 demand

Tata Motors will tackle supply chain challenges and tap new markets for growth. The automaker plans to increase demand generation from other markets amid the crisis. This strategy aims to offset impacts from the ongoing Middle East crisis. The company reported a Q1 net profit of Rs 1,528 crore, showing…

The Economic Times

Rupee nudges up on RBI intervention; investors eye inflation data

The Indian rupee finished the day marginally higher, propelled by ongoing tensions in the Middle East. Continuous interventions from the central bank have provided support against the U.S. dollar. Traders remain watchful as critical inflation data from India and the U.S. approaches. Throughout August, the central bank has actively engaged…

The Economic Times

Global Market: Euro zone bond yields dip ahead of US CPI, heavy debt supply

Euro zone government bond prices edged higher as investors remained cautious ahead of key U.S. inflation data and a heavy pipeline of new bond supply. Renewed tensions in the Middle East and rising oil prices added to inflation concerns, while German Bund yields eased. Markets also remained focused on upcoming…

The Independent UK

Major UK travel operator reports profits dip amid Middle East conflict

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