News
Roya News | Iran conflict costs $25 billion, counting
2+ hour, 3+ min ago (323+ words) The ongoing military conflict involving the United States, 'Israel', and Iran has already cost global corporations at least $25 billion, with financial damage accelerating daily. A comprehensive Reuters analysis of corporate disclosures from listed entities across the United States, Europe, and…...
Roya News | War-driven energy shock pushes US inflation to three-year high
5+ day, 1+ hour ago (412+ words) The US economy faced a sharp inflationary surge in April as the Consumer Price Index (CPI) climbed to an annual rate of 3. 8%. According to Labor Department data released Wednesday, the jump exceeded the 3. 7% forecast by economists and represents a significant…...
War-driven energy shock pushes US inflation to three-year high
5+ day, 2+ hour ago (412+ words) The US economy faced a sharp inflationary surge in April as the Consumer Price Index (CPI) climbed to an annual rate of 3. 8%. According to Labor Department data released Wednesday, the jump exceeded the 3. 7% forecast by economists and represents a significant…...
Norway central bank hikes rate, citing Mideast war
1+ week, 3+ day ago (209+ words) Norway's central bank on Thursday hiked its guiding rate by 0. 25 percentage points to 4. 25 percent, citing a risk that the war in the Middle East could worsen already elevated inflation. "Inflation is too high and has run above target for several…...
Global energy markets shaken as Iran maintains "De Facto" blockade of Strait of Hormuz
1+ mon, 3+ week ago (254+ words) The global economy remains on edge this week as the Strait of Hormuz, the world's most vital oil transit chokepoint, remains effectively closed following the onset of the US-'Israeli' war with Iran. What began as a series of military…...
Dollar weakness looms over markets as 2025 ends
4+ mon, 2+ week ago (452+ words) Note: AI technology was used to generate this article's audio. The US dollar rose slightly on Wednesday but is on track to record its largest annual drop since 2017. Concerns over interest rate cuts, financial instability, and unpredictable trade policies under…...