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Unilever said on Thursday it would raise prices to soften the hit from higher-than-expected costs driven by the Iran war, even as it reported first-quarter underlying sales growth ahead of analysts' forecasts.
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Germany has hugely increased its military spending, aiming to be less dependent on Washington. Its support for U.S. attacks on Iran may also give it leverage.
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The Bank reveals some interesting details on how our finances might be affected due to the Iran war.
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Gross domestic product expanded at a 2 percent annual rate in the first three months of the year, a period that included the first weeks of conflict in the Middle East.
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European stocks edged higher on Thursday, reversing morning losses, as investors assessed more earnings and central bank moves.
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Brent crude has surged to its highest levels since mid-2022, LSEG data shows, as the Middle East conflict chokes supplies.
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The United Arab Emirates' decision to leave OPEC is reverberating across global energy markets, sparking questions on who else could follow.
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King Charles III and Queen Camilla laid flowers at the Sept. 11 memorial before stopping by an urban farm, the New York Public Library, a business event and a gala.
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