BUSINESS DAY Growth fears a snowball

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Item 1 of 2 A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 24, 2026. REUTERS/Jeenah Moon [1/2]A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 24, 2026. REUTERS/Jeenah Moon Purchase Licensing Rightsopens a new … Read more

The uncertainty of the Iran war is disrupting business in the world’s largest markets

The uncertainty of the Iran war is disrupting business in the world's largest markets

LONDON/NEW YORK/SINGAPORE – The Iran war has sent shockwaves across financial markets, leaving some investors and market makers reluctant to take risks, making trading more difficult – with regulators watching closely. There is no major global market, from US Treasuries, to gold, to savings, investors and traders said. In Europe, hedge funds, which currently dominate … Read more

Countries reacting to the oil boom while Britain remains silent

Countries reacting to the oil boom while Britain remains silent

However, other European countries with similar public debt burdens to Britain, such as France and Spain, have recently reduced their fuel tariffs or subsidized users. And they are not alone: ​​Norway, Ireland and Poland have joined the European trend. Meanwhile, looming oil supply shortages are forcing many Asian countries to rely on imports. Affordability is … Read more

Why high oil prices could send the world into a summer slump

President Donald Trump speaks to the media during a critical phase of the Iran conflict, stressing military policy decisions

Monday, March 30, 2026 10:14 am The world economy may face recession. (AP Photo/Mark Schifelbein) The world economy is headed for a “rare” recession in the middle of this year as a protracted war appears to be on the horizon amid the prospect of US troops moving into the Middle East. Economists have warned that … Read more

The uncertainty of the Iran war is disrupting business in the world’s largest markets

The uncertainty of the Iran war is disrupting business in the world's largest markets

Open this photo in the gallery: A person looks at an electronic stock board showing a chart of Japan’s Nikkei index at a stock exchange Monday, March 23, 2026, in Tokyo.Eugene Hoshiko / The Associated Press The Iran war has caused turmoil across financial markets, leaving some investors and market makers reluctant to take risks, … Read more

Fuel crisis: ‘Business as usual’, Luxon says – but other industries are struggling

A combination of oil barrels and money.

Photo: RNZ / Unsplash The government should start prioritizing diesel allocations now as the fuel situation worsens, Westpac’s chief economist has said. It comes as supply data from US investment bank JP Morgan reports that the last shipment of fuel from Gulf Oil is likely to arrive in New Zealand on 20 April. Prime Minister … Read more