title: China Exports Stutter as Iran War Chills Global Demand in March

description: China's export growth slowed to 2.5 percent in March, reversing previous gains amid rising uncertainty from the Iran war. The conflict has dampened global demand, causing buyers to hesitate despite AI-driven interest. Persistent risks of a prolonged slowdown threaten trade balances, with energy flows and US shipments also showing significant declines due to the Middle East tensions.

continent: Asia

region: East Asia

country: China

sentiment: negative

Bankamerica Corp

name_eodhd: Bank of America Corp

name_kgid: BankAmerica Corp.

name_orig: Bankamerica Corp

name_wiki: Bank of America

ticker_wiki: BAC

level_3: international trade

level_3: economic trends and indicators

label: Forecast

label: Results Listings and Statistics

industry: Trading Companies & Distributors

sub_industry: Trading Companies & Distributors

industry: Machinery

sub_industry: Industrial Machinery & Supplies & Components

sub_industry: Agricultural Products & Services

subcategory: Disruptions

event: Supply Chain Disruption

category: Competitive Dynamics

subcategory: Competitive Landscape

event: Competitive Pressure Decreased

event: Competitive Pressure Increased

context: economic

context: cbrn

event: REQUEST

disaster_subgroup: Climatological

disaster_type: Drought

disaster_type: Fire (Industrial)

technique: Supply Chain Compromise

subtechnique: Identify Business Tempo

subtechnique: Compromise Hardware Supply Chain

sport: wushu

sport: chess

label: BusinessEvent

label: DeliveryEvent

label: ExhibitionEvent

label: fear

tier_1: War and Conflicts

tier_2: War and Conflicts

tier_3: War and Conflicts

tier_4: War and Conflicts

tier_3: Economy

tier_4: Economy

tier_3: Defense Industry

tier_4: Defense Industry

main_class: Currencies & FX

sub_class: Emerging Market Currencies

sub_class: Agriculture

goal: Decent Work and Economic Growth

title: China's Export Engine Stutters as Iran War Chills Global Demand

description: China's export growth weakens sharply as the Iran war disrupts global demand, exposing risks in its manufacturing-led economic strategy.

snippets: The US and Iran have said talks to end the war will continue, and CNN has reported that US officials are discussing a potential second in-person meeting. However, analysts have said that even an immediate re-opening of the Strait of Hormuz would not restore normal standard market conditions for several months.

snippets: China's exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand. The March export data released by China's customs agency Tuesday missed analysts' estimates and was sharply down from the 21.8% export growth recorded for January and February. Imports last month surged 27.8%, up from the 19.8% year-on-year increase in the first two months of this year.

snippets: The risks will "arise from a persistent global slowdown in overall demand if the conflict lasts longer than currently expected," they wrote. U.S. President Donald Trump's elevated tariffs on Chinese exports and tensions between Washington and Beijing have also been straining China's shipments to the U.S. over the past months, with China stepping up its exports to other regions including Europe, Southeast Asia and Latin America.

title: China's export engine stutters as Iran war chills global demand

description: China's export engine slowed sharply in March as war in the Middle East triggered shocks to energy and transportation costs, hurting global demand and exposing the risks in Beijing's strategy of...

snippets: He added that expectations for a rapid drop in prices are unrealistic. "By the summer is an aggressive timeframe," Wright said, cautioning that any easing will take time even after energy flows resume. Oil markets have surged since the US-Israeli war with Iran began on Feb. 28, with Tehran blocking access to the Strait of Hormuz to most foreign vessels.

title: Sharp Slowdown: China Exports Rise Just 2.5% in March as Iran War Disrupts Global Trade

description: China Exports Slow to 2.5% in March 2026 Amid Iran War Impact, Imports Surge China's trade momentum showed signs of strain in March 2026 as exports slowed sharply while imports surged, reflecting the growing impact of the ongoing Iran war and global economic uncertainty. The data signals trouble ahead. According...

title: China's March exports slow as Iran war wipes out AI-driven gains

description: BEIJING, April 14 () - China's export engine slowed in March as buyers chasing an AI-fuelled future ran into the hard reality of war

snippets: A sign which reads "China's plastic trade town welcomes you" is seen in Zhangmutou Town, as rising oil prices drive up production costs for plastic manufacturers, in Dongguan, Guangdong province, China, April 2, 2026. REUTERS/Go Nakamura/File Photo · Reuters

title: China's March exports slow as Iran war wipes out gains

description: Even China is not insulated from the hit to buyers' purchasing power as fuel and transport costs rise while the war in Iran continues.

title: China export growth slows to 2.5% in March amid Iran war uncertainty

snippets: Outbound shipments from the world's second-largest economy grew an annual 2.5%, customs data showed on Tuesday, a five-month low, and slowing from a 21.8% gain in the January-February period. They sharply undershot forecasts for 8.3% growth in a Reuters poll.

title: China's exports grew 2.5% in March in sharp slowdown as Iran war raises uncertainty

description: China's exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand. The March export data released by China's customs agency Tuesday missed analysts' estimates and was sharply down…

title: China's exports grew 2.5% in March in a sharp slowdown as Iran war raises uncertainty

snippets: The decline in the RatingDog manufacturing PMI for March partially offsets the strength in the official survey data. But the big picture remains that, despite rising price pressures, the Iran War has...

title: China's Exports Grew 2.5% in March in a Sharp Slowdown as Iran War Raises Uncertainty

description: - China's exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand.

snippets: Imports last month surged 27.8%, up from the 19.8% year-on-year increase in the first two months of this year. Technology-related exports including a jump in shipments of semiconductors from China on the global artificial intelligence boom have powered its robust exports in early 2026, but economists say impacts from the prolonged Iran war could affect overall global demand for Chinese exports this year.

title: China's exports grew 2.5% in March, slowing significantly as Iran war raises uncertainty

snippets: While figures Tuesday pointed to a slowdown in shipments last month, the surge in exports held up in the first quarter -- despite the Iran war, which "seems to be doing little to dent exports", wrote Zichun Huang of Capital Economics in a report on Friday.

snippets: China's exports have decelerated as the Iran war starts to affect global demand and supply chains," said Gary Ng, a senior economist for Asia Pacific at French bank Natixis. Despite the significant rebound in China's export growth in January and February, external demand is likely to weaken due to the war's energy shock, Bank of America economists led by Helen Qiao wrote in a recent research note.

snippets: Despite the significant rebound in China's export growth in January and February, demand is likely to weaken due to the war's energy shock, Bank of America economists led by Helen Qiao wrote in a recent research note. The risks will "arise from a persistent global slowdown in overall demand if the conflict lasts longer than currently expected," they wrote.

description: HONG KONG: China's exports grew 2.5% in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand.The March export data released by China's customs agency Tuesday missed analysts' estimates and was

snippets: Chinese leaders have set an annual economic growth target for 2026 of 4.5% to 5%, the lowest since 1991. China met its "around 5%" economic growth target for 2025 on strong exports — with a record high $1.2 trillion trade surplus — and analysts say exports likely will continue to be a key driver for maintaining economic expansion this year as a prolonged property sector slump in China weighed on domestic demand and investments.

title: China's exports grew 2.5 per cent in March in sharp slowdown as Iran war raises uncertainty

description: HONG KONG, Apr 14: China's exports grew 2.5 per cent in March from a year ago, significantly slowing from the previous two months as uncertainties rose from the Iran war and its impact on energy prices and global demand. The March export data released by China's customs agency Tuesday missed analysts' estimates and was sharply down from the 21.8 per cent export growth recorded for January and February.

title: China exports weaken sharply in March, imports surge to four‑year high

description: China's export growth slowed sharply in March, falling to a six‑month low as the conflict in the Middle East weighed on the global demand outlook, while imports recorded their strongest rise in more than four years.

title: China exports growth in March misses estimates, imports surge most in over four years

description: China's export growth slowed in March as manufacturers grappled with surging energy costs, with the Iran war disrupting supplies, while imports jumped more than expected.

snippets: China's export growth declined to a six-month low in March as the Middle East conflict hit global demand outlook, while imports logged their strongest growth in more than four years. Exports rose at 2.5% in U.S. dollar terms last month from a year earlier, China customs data showed Wednesday, missing Reuters-polled analysts' median estimate for an 8.6% growth, and weakening from the combined 21.8% surge in the first two months of the year.

title: China's Export Surge Amid Global Tensions: The Impact of Iran War on Trade

description: China experienced a notable deceleration in export growth in March 2026 with figures rising only 25 from the previous year The slowdown comes amidst growing uncertainties from the Iran war impacting energy prices and global demand

snippets: The Trade Balance, which is the difference between what a country earns from its exports versus what it pays for its imports, is another factor that can influence the value of the Australian Dollar. If Australia produces highly sought after exports, then its currency will gain in value purely from the surplus demand created from foreign buyers seeking to purchase its exports versus what it spends to purchase imports.

title: China's exports slowed in March while imports soared

description: China's exports grew at a slower pace last month after starting the year with a surge, official data showed Tuesday, as the global economy reels from war in the Middle East. The world's second-largest economy produced a record-breaking trade surplus last year at $1.2 trillion. Booming overseas shipments appeared set to continue this year after surging by more than a fifth in January and February combined.

snippets: Q5: Is this trend likely to continue in coming months? While March's extreme imbalance may moderate, analysts expect sustained import growth as China's economy continues rebalancing. Export performance will depend heavily on global economic conditions and trade policies.

title: China's Export Engine Slows As Iran War Hurts Global Demands

description: China 's export engine slowed sharply in March as war in the Middle East triggered shocks to energy and transportation costs, hurting global demand and exposing the risks of trade in Beijing's strategy of leaning on manufacturing to sustain growth. The world's second-largest economy s

snippets: The estimated losses include about $276 million in lost exports, mainly crude oil and petrochemicals. But Maleki's estimates are based on Iran exporting 1.5 million barrels of oil a day at a wartime price of about $87 a barrel and assume more than 90 per cent of the oil transits through Kharg Island, inside the Persian Gulf.

title: China's exports grew 2.5% in March

snippets: China's economic growth likely picked up in the first three months of the year, according to analysts surveyed by AFP, boosted by exports now impacted by the Middle East war, while domestic demand remains weak.

title: China's March Exports Crash To 2.5%

description: China's exports slowed sharply in March after a strong start, official data showed, highlighting the fragility of global trade as the Middle East conflict

snippets: However, detailed numbers from ISTAT and employers' lobby Confindustria show almost the entire increase was driven by pharmaceutical shipments front-loaded ahead of the import duty hikes.

description: China's export growth slowed to a five-month low of 2.5 per cent in March as the Iran war-triggered energy shock offset gains from AI-driven demand, raising concerns over the durability of its trade momentum

snippets: China's March export growth slows to five-month low as Iran war dents AI-led momentum. File

title: China's export engine stutters as Iran war wipes out AI-driven gains

description: China's trade surplus came in at $51.13 billion in March from $214 billion over January and February.

description: China's export engine slowed in March as buyers chasing an AI-fuelled future ran into the hard reality of war in the Middle East, which has sparked an energy shock and complicated Beijing's push to keep growth on track. Outbound shipments from the world's second-largest economy grew an annual 2.5%, […]

title: China's Export Growth Slowed in March

description: Economists say impacts from the prolonged Iran war could reduce global demand for Chinese exports going forward.

snippets: China's exports to the U.S. fell 26.5% year-on-year in March, widening from a 11% drop in January and February, while those to the European Union and Southeast Asia rose 8.6% and 6.9%, respectively.

title: China's Export Growth Slows While Imports Rise; US Shipments Fall 26.5% During Iran War

description: China's exports weaken while imports increase due to the Middle East conflict. The US shipments are down by 26.5% and give a sign of global trade disruptions.

snippets: Energy-related trade flows further highlight the impact of the conflict. China's exports of refined oil products rose 20.5% month-on-month to 4.6 million metric tons, while natural gas imports fell 10.7% year-on-year, reaching their lowest level since October 2022. Shipping data indicated that Chinese vessels diverted multiple cargoes to take advantage of higher prices in other markets.


title: Qantas slashes domestic flights and raises fares amid soaring jet fuel costs

description: Qantas is cutting domestic flight capacity and increasing ticket prices to manage an $800 million fuel cost surge. The airline collaborates with suppliers to secure jet fuel, expecting no disruptions until May. Rising expenses stem from exploding global prices and Middle East conflict uncertainty, forcing network adjustments to mitigate financial pressure on the carrier.

continent: Oceania

region: Oceania

country: Australia

source: llm

materiality: high

time_horizon: months

forward_looking: forward

Qantas Airways Ltd

wiki_page: Qantas

name_eodhd: Qantas Airways Ltd

name_kgid: Qantas

name_lei: QANTAS AIRWAYS LIMITED

name_orig: Qantas Airways Ltd

name_wiki: Qantas Airways

ticker_wiki: QAN

ticker_serp: QAN

level_1: economy, business and finance

level_2: products and services

level_3: transport

level_1: environment

level_2: environmental pollution

level_3: air pollution

level_1: crime, law and justice

level_2: crime

level_3: hijacking

label: Quote

label: Current Events

sector: Industrials

industry_group: Transportation

industry: Passenger Airlines

sub_industry: Passenger Airlines

industry: Air Freight & Logistics

sub_industry: Air Freight & Logistics

sector: Energy

industry_group: Energy

industry: Oil, Gas & Consumable Fuels

sub_industry: Oil & Gas Refining & Marketing

event: Competitor Pricing Pressure

category: Sustainability

subcategory: Environmental

event: Emissions Target Raised

context: economic

event: THREATEN

mode: relations

context: disasters

disaster_group: Technological

disaster_subgroup: Transport

disaster_type: Air

disaster_type: Rail

disaster_group: Natural

disaster_subgroup: Meteorological

disaster_type: Fog

tactic: Impact

technique: Endpoint Denial of Service

subtechnique: Service Exhaustion Flood

technique: Network Denial of Service

subtechnique: Direct Network Flood

tactic: Persistence

technique: Server Software Component

subtechnique: Transport Agent

chapter: Extension Codes

block: Aminophylline, theophylline and other xanthines

chapter: Certain infectious or parasitic diseases

block: Influenza

block: Fowl or egg

sport: Australian rules football

sport: sky diving

sport: kiting

label: EventSeries

label: SaleEvent

label: Economic Consequences

label: Conflict

label: Responsibility

label: anger

label: surprise

tier_1: Travel

tier_2: Travel Type

tier_3: Air Travel

tier_4: Air Travel

tier_1: Business and Finance

tier_2: Industries

tier_3: Aviation Industry

tier_4: Aviation Industry

tier_2: Economy

tier_3: Gasoline Prices

tier_4: Gasoline Prices

main_class: Commodities

sub_class: Energy

title: Australian Business Confidence Crashes Amid Iran War Oil Shock

description: Australian business confidence suffered one of its steepest monthly declines on record last month, as the ongoing conflict involving Iran triggered a severe global oil shock that rattled markets and spooked company...

snippets: Business confidence plunged in March as fuel prices surged, in what NAB noted was the second largest fall ever and reminiscent of similar moves seen in the GFC and COVID pandemic," said Ivan Colhoun, Chief Economist, CreditorWatch.

snippets: Proses pemilihan berlangsung tertib dan kondusif. Panitia siswa mengatur alur pemilih mulai dari registrasi, pengambilan surat suara, hingga pencoblosan di bilik tertutup. Setelah itu, suara dihitung secara terbuka sebagai bentuk transparansi, sehingga seluruh peserta dapat menyaksikan langsung jalannya rekapitulasi.

snippets: A rebound in both small business and consumer sentiment is unlikely in the near term as oil prices shot up on Monday to more than $100 a barrel after the U.S. military said it would blockade ships leaving Iran's ports. Crude prices have jumped more than 35% since the U.S.-Israeli war with Iran started at the end of February.

title: Australian business, consumer confidence crashes on worries about Iran war fallout

description: Australia's business and consumer confidence crashed as the Iran war unleashed a global oil shock that may tip the local economy into a recession, surveys showed on Tuesday, as policymakers weigh if more rate rises are needed to tame inflation. A survey from National Australia Bank (NAB) showed its index of business confidence tumbled […]

snippets: - Australian consumer sentiment tumbled the most since 2020 while business confidence also nosedived as soaring fuel prices coupled with higher interest rates triggered dramatic falls in both readings.

snippets: The Reserve Bank of Australia also raised interest rates by a second time in March to 4.1%, undoing two of three rate cuts from last year. Sharply higher fuel costs from the conflict in the Middle East are likely to lift headline inflation to around 5% in the second quarter, the RBA has estimated.

snippets: A separate survey nP8N3ZD0CA out on Tuesday showed consumer sentiment slumped by 12.5% to 80.1 in April, the lowest in more than two years. An index measuring appetite for large purchases plunged 15% as consumers tightened their wallets.

title: Australian business, consumer confidence crashes on worries about fallout from Iran war

description: Australia's business and consumer confidence crashed as the Iran war unleashed a global oil shock that may tip the local economy into a recession, surveys showed on Tuesday, as policymakers weigh if more rate ...

snippets: National Australia Bank's index of business confidence tumbled 29 points to -29 in March, a magnitude only seen during major crises, such as the pandemic in 2020. A separate survey nP8N3ZD0CA showed consumer sentiment dropped by 12.5% in April to its lowest in more than two years.

snippets: Australian business confidence plunged last month by a magnitude only seen during financial crises as the Iran war gave rise to a global oil shock, a survey showed on Tuesday. The survey from National Australia Bank showed its index of business confidence tumbled 29 points to -29 in March, the second largest monthly fall in history, though business conditions held steady at +6.

snippets: The Westpac–Melbourne Institute Consumer Sentiment Index fell 12.5% to 80.1 in April from 91.6 in March, marking a return to deeply pessimistic levels and highlighting renewed cost-of-living pressures across the economy.

snippets: For SME operators in hospitality, leisure and retail, the message from March's numbers is blended however instructive: British customers are nonetheless keen to spend — however more and more on their very own doorstep, and with one eye firmly on what July's power payments would possibly carry.

snippets: On Wednesday, data from the Westpac–Melbourne Institute Consumer Sentiment showed that consumer confidence plunged to its lowest since the COVID lockdowns, as Australians worried more about interest rate increases, job security, and soaring fuel bills.

title: Qantas cuts flights as fuel costs soar on Iran conflict

description: Qantas Airways said the Middle East conflict has added around $1 billion to its fuel bill, with jet fuel prices more than doubling and remaining volatile.

snippets: As the situation evolves, travellers and industry professionals are encouraged to follow official advisories from government travel offices and international tourism bodies, and to prioritise safety and compliance when planning travel in or near affected regions.

snippets: The United Nations has urged restraint and renewed respect for maritime passage through the Strait of Hormuz, as escalating tensions between Iran and the United States continue to disrupt one of the world's most important shipping routes.

snippets: Looking ahead, Heathrow signaled that the outlook remains uncertain as geopolitical tensions persist. Airport officials said they are closely monitoring developments and their potential impact on passenger demand and airline scheduling.

title: Australian business, consumer confidence plunges on Iran war fallout

description: Australia's business and consumer confidence have crashed as the Iran war unleashed a global oil shock that may tip the local economy into a recession, according to surveys released on Tuesday. The National Australia Bank's business confidence index tumbled 29 points to -29 in March, while a separate consumer sentiment survey showed a 12.5% plunge to 80.1 in April, the lowest in more than two years.

title: EU says no jet fuel shortage now, warns of possible supply risks

description: There is no shortage of jet fuel in the European Union at the moment, but supply problems could occur and the situation remains a top concern, the European Commission...

snippets: European airlines have urged the European Union to step in with emergency measures to address the repercussions from the Iran war, including widespread airspace closures and growing concerns over potential jet fuel shortages, according to a document seen by Reuters.

snippets: There is no shortage of jet fuel in the European Union at the moment, but supply problems could occur and the situation remains a top concern, the European Commission said on Tuesday. European airlines have urged the European Union to step in with emergency measures to tackle repercussions from the Iran war, including widespread airspace closures and mounting concerns over jet fuel shortages, a document seen by Reuters showed.

title: EU sees no current fuel shortages, but warns of jet fuel supply risks

description: Warning of looming vulnerabilities, a European Commission spokesperson said on Tuesday that while the European Union currently has no immediate fuel shortages, supply issues could soon emerge, particularly for jet fuel.

snippets: The European Union has no immediate fuel shortages, but supply issues could emerge in the near future, particularly for jet fuel, a European Commission spokesperson said on Tuesday. Responding to a recent report suggesting that European airlines have urged the European Union to step in with emergency measures to tackle the repercussions from the Iran war, including widespread airspace closures and mounting concerns over jet fuel shortages,

title: Qantas flags fuel shock as Middle East conflict drives costs

description: The Qantas Group has revised its FY26 outlook, citing significant disruption stemming from the conflict in the Middle East

snippets: The leaders of the three institutions vowed to keep coordinating their responses to the conflict in the Middle East, which has sent oil prices up by 50% since it began on February 28. The shock has also driven gas and fertilizer prices higher, triggering concerns about food security and job losses.

snippets: The public really has no idea how much aviation fuel costs. It's not like there is an aviation fuel watch so Qantas is free to say whatever it wants really and thanks to the very limited competition in the domestic market it can really take the piss

snippets: The surge underscores how quickly geopolitical shocks are feeding through to airline cost bases, with jet fuel prices soaring as refineries have been forced to cut output due to the loss of crude oil supply from the Middle East. While Qantas has hedged much of its crude exposure, it remains significantly exposed to the spike in jet fuel spreads, it said.

title: Qantas Slashes Domestic Flights and Hikes Fares as Middle East Conflict Drives Fuel Costs to $3.3b

description: Qantas Airways Ltd. has cut domestic flight capacity by about 5% for May and June and raised fares as surging jet fuel prices linked to the escalating conflict in the Middle East threaten to...

snippets: Qantas has a history of adjusting fares in response to fuel cost changes, though critics have pointed out that increases often stick even when prices later moderate. The current environment, however, is marked by exceptional uncertainty, with some analysts warning that prolonged conflict could keep jet fuel elevated for months.

snippets: The Group has taken action to mitigate the impact of the conflict in the Middle East, including international network changes, capacity adjustments and fare increases.

snippets: Travellers will be slugged with higher costs and fewer options as the fallout from the Middle East conflict continues to drive oil prices higher.

title: War-Induced Oil Shock Crushes Australian Business Confidence

description: Australian business confidence took a massive hit last month a decline unparalleled since financial crises due to a global oil shock sparked by turmoil in Iran According to a survey by the National Australia Bank business confidence plummeted 29 points to -29 in March marking the second largest monthly fall in history Despite this business conditions remained stable at 6

title: Australian Business Confidence Cratered After A Global Oil Shock

description: NAB's survey shows a crisis-sized hit to sentiment even as conditions hold up, with rising costs, higher rates, and weaker consumers setting up a tougher few months.

title: Jet Fuel Price Surge Threatens to Add 570 Million Dollars to Qantas Costs

description: Qantas warned that the surge in jet fuel prices could add nearly 800 million Australian dollars (570 million dollars) to its fuel bill in the second half of 2026. The company's estimated kerosene consumption cost for the period is now expected to reach between 3.1 and 3.3 billion Australian dollars, compared with 2.5 billion Australian dollars in its previous forecasts.

snippets: Qantas said it was benefiting, however, from a boost in demand for travel to Europe as passengers avoided Middle East routes. "In response, the Group has redeployed capacity from the US and its domestic network to increase flights to Paris and Rome." Qantas said unit revenue on international routes was now expected to grow by 4-6 percent year-on-year in the second half of 2026 — double its previous forecast.

snippets: SYDNEY: Surging jet fuel prices may raise costs for Australia's Qantas by up to A$800 million (US$570 million) in the second half of this year, the airline said on Tuesday (Apr 14).

title: Higher fares, fewer flights: Qantas goes into damage control

description: The airline is pulling every operational and pricing lever to blunt the hit on its profits resulting from the Iran war, which has blown out its jet fuel costs by hundreds of millions of dollars.

snippets: It has a COVID-esque feel to it without the existential hue, without ghost flights sold to customers or the airline's passenger service catastrophe. But make no mistake, Qantas is in damage control as its profit is ravaged by Donald Trump's Middle East war. The fuel price shock is eating into Qantas' profits. Wolter Peeters

snippets: It has a COVID-esque feel to it without the existential hue, without ghost flights sold to customers or the airline's passenger service catastrophe. But make no mistake, Qantas is in damage control as its profit is being ravaged by Donald Trump's Middle East war. The fuel price shock is eating into Qantas' profits. Wolter Peeters

snippets: While Qantas Group does not fly directly to the Middle East, it says it is supporting customers booked on partner airlines. According to the group, travellers can now access more flexible options, including changing flights or requesting refunds where needed. Jetstar welcomed its first refreshed B787 earlier this month.

title: Qantas cuts domestic flights as jet fuel costs soar

description: The national carrier is expecting to take a hit of up to $800 million in higher fuel costs after war in the Middle East pushed up global oil prices.

snippets: Qantas has hedged 90 per cent of its exposure to crude oil costs but, like most airlines, it remains exposed to the cost of refining crude oil into jet fuel.

snippets: Qantas is working with the government and jet fuel suppliers to ensure access to the commodity, although it expects no potential disruptions until well into May. "We are closely monitoring the situation given the ongoing uncertainty in global fuel supply chains," the airline said on Tuesday. Given the volatility impacting prices and the global economy, Qantas will cut domestic capacity in the June quarter by around five percentage points.

snippets: Qantas is working with the government and jet fuel suppliers to ensure access to the commodity, although it expects no potential disruptions until well into May. Jetstar, the impact budget subsidiary of Qantas, will also cut some domestic flights.

snippets: Air travel's worst crisis in years lurched deeper on Tuesday as Qantas Airways warned of spiralling costs, Lufthansa said it may have to ground planes and Virgin Atlantic flagged a looming supply crunch, with the Iran conflict squeezing fuel supplies. The war has upended routes between Asia and Europe that relied on Gulf hubs, while a doubling of jet fuel prices and tightening of supplies are hitting airlines hard.

snippets: IATA's latest jet fuel monitor showed the global average jet fuel price near $197.83 a barrel last week, more than double the level many airlines had budgeted for. IATA has also said that jet fuel typically accounts for almost 30% of carriers' operating expenses, a share that leaves airlines especially exposed when oil markets are jolted by geopolitical crises.

snippets: To offset rising costs, the Australian flag carrier is raising fares and shifting capacity toward stronger routes such as Europe, where demand remains firm, while trimming domestic capacity by about 5 percentage points in the June quarter. Lufthansa's Spohr said record revenues on Asian routes were also helping offset the impact of rising kerosene costs.

description: WRAPUP 1-Jet fuel shock from Iran war worsens crisis for global airlines | Financial News

snippets: Other major airlines such as Lufthansa, Singapore Airlines, and British Airways had far fewer flights to Dubai than Indian carriers before the crisis began and have cancelled all flights to the city until at least May 31.


title: Iran War Drives Global Gas Shortage, Boosting U.S. LNG Exports

description: Conflict in Iran triggers a global natural gas shortage, creating a windfall for U.S. energy firms. The U.S. military blockade of Iranian ports disrupts oil supply chains, while American companies like Cheniere expand operations to meet surging demand. Despite record exports in March, production capacity remains constrained even as new liquefied natural gas projects are under construction to capitalize on the crisis.

continent: North America

region: North America

country: United States

sentiment: positive

forward_looking: not-forward

Global Gas Corporation

name_eodhd: Global Gas Corporation

name_kgid: ExxonMobil

name_orig: Global Gas Corporation

ticker_serp: HGAS

level_3: energy and resource

level_1: politics and government

level_2: international relations

level_3: economic sanction

level_2: natural resource

level_3: energy resources (retired)

label: Curtain Raiser

label: Press-Digest

sub_industry: Oil & Gas Storage & Transportation

sector: Materials

industry_group: Materials

industry: Chemicals

sub_industry: Industrial Gases

sub_industry: Integrated Oil & Gas

category: Business Operations

category: Regulatory Compliance

subcategory: Regulator Actions

event: Sanctions on Company Imposed

event: Sanctions on Company Lifted

context: cbrn

context: economic

disaster_subgroup: Industrial accident

disaster_type: Gas leak

disaster_type: Explosion (Industrial)

disaster_type: Oil spill

tactic: Reconnaissance

technique: Search Closed Sources

subtechnique: Threat Intel Vendors

tactic: Defense Evasion

technique: Obfuscated Files or Information

subtechnique: LNK Icon Smuggling

chapter: External causes of morbidity or mortality

block: Armed conflict

chapter: Diseases of the respiratory system

block: Lung diseases due to external agents

block: Legal intervention

sport: Indy Racing (retired)

event_type: international games (retired)

sport: pistol shooting (retired)

label: OnDemandEvent

label: Human Interest

tier_3: Power and Energy Industry

tier_4: Power and Energy Industry

tier_1: Personal Finance

tier_2: Home Utilities

tier_3: Gas and Electric

tier_4: Gas and Electric

sub_class: Industrial Metals

main_class: Real Assets

sub_class: Infrastructure

goal: Partnerships for the Goals

goal: Affordable and Clean Energy

title: The Iran war created a global natural gas shortage — a windfall for U.S. companies

description: With Qatar's liquefied natural gas still offline, U.S. companies see an opening and are bringing in new investments.

snippets: Cheniere Energy one of a number of U.S. LNG companies working to expand operations. The U.S. LNG supply is forecast to grow by about 84% over the next five years, according to figures from S&P Global Energy.

snippets: In the center left of the frame, U.S. Secretary of Energy Chris Wright speaks with Cheniere Energy chief executive Jack Fusco. They attended an event celebrating U.S. LNG at CERAWeek by S&P Global, an annual industry conference in Houston in March.

snippets: The U.S. military's blockade nL6N40V09S of Iran's ports has begun, creating more bad news nL4N40W08K for global oil supply, but never mind that because markets on Tuesday were riding on hopes of a resolution between Washington and Tehran.

snippets: But several new LNG projects are under construction in the U.S. In late March, Cheniere completed a new part of its terminal near Corpus Christi, Texas, to add more export capacity. The U.S. LNG supply is forecast to grow by about 84% over the next five years, according to figures from S&P Global Energy.

snippets: The U.S. set a record for LNG exports in March, but the U.S. only has so much capacity for production and exports. Making LNG requires cooling natural gas to negative 260 degrees Fahrenheit so it becomes liquid, and then transporting it on huge ships. There currently aren't enough gas pipelines or LNG terminals in the U.S., so ramping up LNG exports will take time.

snippets: During a time of great global uncertainty driven by the ongoing conflict in the Middle East, the United States—and its liquefied natural gas (LNG) exporters like Venture Global —continues to play a vital role in supporting energy security for allies around the world," Jess Szymanski, a spokesperson with Venture Global, wrote in an email to NPR.


title: Over 1400 Hollywood Stars Oppose Paramount Warner Bros Merger

description: More than 1,400 actors, directors, and filmmakers have signed an open letter opposing the proposed merger between Paramount and Warner Bros Discovery. Industry professionals cite concerns regarding market consolidation, creative freedom, and the impact of big-tech on the film sector. The collective action highlights significant discontent within Hollywood regarding the potential acquisition plan announced earlier this year.

time_horizon: weeks

ViacomCBS Inc

name_eodhd: ViacomCBS Inc

name_figi: VIACOMCBS INC - CLASS B

name_kgid: Paramount

name_orig: ViacomCBS Inc

name_wiki: Paramount Global

ticker_wiki: PARA

ticker_serp: VIAC

Warner Music Group

name_eodhd: Warner Music Group

name_kgid: Warner Music Group

name_orig: Warner Music Group

name_wiki: Warner Music Group

ticker_wiki: WMG

ticker_serp: WMG

Netflix Inc

name_eodhd: Netflix Inc

name_kgid: Netflix

name_lei: NETFLIX, INC.

name_orig: Netflix Inc

name_wiki: Netflix, Inc.

ticker_wiki: NFLX

ticker_serp: NFLX

level_3: media and entertainment industry

level_1: arts, culture, entertainment and media

level_2: arts and entertainment

level_3: cinema

level_1: human interest

level_2: celebrity

label: Press Release

label: Opinion

label: Supported

sector: Communication Services

industry_group: Media & Entertainment

industry: Entertainment

sub_industry: Movies & Entertainment

industry: Interactive Media & Services

sub_industry: Interactive Media & Services

sector: Financials

industry_group: Financial Services

industry: Financial Services

sub_industry: Multi-Sector Holdings

category: Capital Markets

subcategory: Merger

event: Merger Pending Approval

event: Merger Proposed

event: Merger Cancelled

event: ACCUSE

mode: disapprove

event: PROTEST

event: AGREE

disaster_subgroup: Biological

disaster_type: Animal incident

disaster_subgroup: Hydrological

disaster_type: Mass movement (wet)

disaster_type: Collapse (Industrial)

technique: Subvert Trust Controls

subtechnique: Code Signing Policy Modification

tactic: Collection

technique: Data from Information Repositories

technique: Gather Victim Org Information

subtechnique: Business Relationships

chapter: Diseases of the visual system

block: Strabismus or ocular motility disorders

chapter: Diseases of the nervous system

block: Movement disorders

chapter: Mental, behavioural or neurodevelopmental disorders

block: Paraphilic disorders

sport: heavyweight (boxing) (retired)

sport: breaking (breakdance)

sport: welterweight (boxing) (retired)

label: BusinessEvent

label: ScreeningEvent

label: Morality

label: contempt

title: Cinema United CEO Warns Against Paramount-Warner Bros. Merger at CinemaCon

description: The annual gathering of theater owners in Las Vegas has long been a celebration of the…

snippets: The annual gathering of theater owners in Las Vegas has long been a celebration of the silver screen's resilience, but this year's CinemaCon was marked by a stark warning. Michael O'Leary, President and CEO of Cinema United, used his "State of the Union" address to put the industry on high alert regarding the proposed merger between Paramount and Warner Bros., arguing that the deal could fundamentally destabilize the theatrical ecosystem.

snippets: O'Leary, who serves as president and chief executive of Cinema United, said Tuesday the theater owner trade group will continue to press the issue at the state and federal level. 'Unfortunately, history shows us that consolidation results in fewer films being produced for movie theaters,' he said during a speech about the state of the industry at the CinemaCon trade convention in Las Vegas.

snippets: Paramount Chief Executive David Ellison has said the combined company will produce 30 films a year — 15 each from Warner Bros. and Paramount — but exhibitors question how realistic that goal is, given the expected cost cuts from the deal and the $79 billion in debt with which the newly combined company would be saddled.

title: Hollywood Titans and Theater Owners Unite at CinemaCon Amidst Industry Crossroads

description: The landscape of theatrical moviegoing is experiencing a pivotal period. Attendance at movie theaters has seen an uptick this year

snippets: In this uncertain environment, Hollywood executives and movie theater owners are convening in Las Vegas for CinemaCon. This annual exhibition and trade show has gained a touch of notoriety thanks to Seth Rogen's series "The Studio" and its depiction of a "old school Hollywood buffet." However, the real-life Hollywood leaders attending have far more pressing issues than party planning.

snippets: It's under these precarious conditions that Hollywood executives and movie theater owners are gathering this week in Las Vegas for CinemaCon, the annual exhibition and trade show made famous — or at least slightly less obscure — by Seth Rogen's show "The Studio" and his "old school Hollywood buffet." Real-life Hollywood executives have bigger concerns than throwing a party, however.

snippets: The anxiety over consolidation isn't limited to traditional studios. The shadow of streaming continues to loom over the exhibition business. O'Leary revealed that the Cinema United board recently met with Netflix co-Chief Executive Ted Sarandos in Las Vegas. The meeting, originally scheduled when Netflix was considering a move for Warner, focused on finding a sustainable way for the streaming giant and theater owners to collaborate.

title: Hollywood stars oppose Paramount Warner Bros. deal

description: More than 1,000 writers, actors and directors released a letter Monday opposing Paramount's acquisition of Warner Bros. Discovery, saying the deal would harm Hollywood's already distressed entertainment industry.

snippets: An open letter signed by hundreds of Hollywood heavyweights, including Jane Fonda, Joaquin Phoenix and Bryan Cranston, was published Monday opposing a deal that would see the historic Warner Bros. studio swallowed by rival Paramount.

snippets: More than 1,400 actors, directors and filmmakers - including scores of Hollywood stars - have signed an open letter opposing the proposed merger of film studios Paramount and Warner Bros Discovery. The letter, signed by Emma Thompson, Ben Stiller, Javier Bardem and Rose Byrne, argues that the deal would harm an already battered US entertainment industry.

snippets: Warner Bros may be acquired by Paramount if their merger is approved, but there is significant discontent in Hollywood regarding this. Many have previously expressed concerns about the potential negative impact of the proposed deal on the film industry overall. Recently, an open letter has garnered support from numerous prominent figures.

title: Warner Bros. to Showcase Films at CinemaCon Amid Paramount Merger Debate

description: Warner Bros. is scheduled to present its upcoming film slate at the annual CinemaCon convention in Las Vegas on Tuesday. This comes as the studio faces intense scrutiny over its potential merger with Paramount Pictures, with prominent filmmakers like Denis Villeneuve and J.J. Abrams publicly voicing their opposition to the deal.

snippets: Fresh off best picture, best actor and best director wins at the Oscars last month, Warner Bros. is presenting its upcoming slate to movie theater owners. The storied studio will take the main stage at Caesar's Palace in Las Vegas Tuesday for the annual CinemaCon convention and trade show. But this year is not just business as usual, with its pending acquisition by another legacy studio, Paramount, looming. Filmmakers like Denis Villeneuve and J.J.

snippets: Cameron worked with Paramount Skydance chair and CEO David Ellison closely on "Terminator: Dark Fate." Ellison has promised to grow the combined Paramount-Warner Bros. slates to some 30 theatrical releases a year.

title: Hollywood stars unite to oppose Paramount and Warner Bros Discovery merger

description: Stars like Emma Thompson and Ben Stiller signed an open letter against the deal, which Paramount said will ensure creators "have more avenues for their work,...

snippets: Now, more than 1,000 film and TV stars and creatives, including Joaquin Phoenix, Jane Fonda, Bryan Cranston, Laura Poitras, Javier Bardem, David Fincher, Denis Villeneuve, Mark Ruffalo, Emma Thompson and Yorgos Lanthimos have signed an open letter opposing Paramount Skydance's pending acquisition of Warner Bros. Discovery.

title: More than a thousand Hollywood stars are opposing the merger between Paramount and Warner Bros

description: Over 1,000 Hollywood professionals oppose Paramount Skydance's acquisition of Warner Bros. Discovery, raising concerns about competition, creativity, and jobs.

snippets: Paramount Skydance had made its acquisition plan for Warner public last February, a $111 billion transaction that would have surpassed Netflix's offer. After learning of the open letter, the company behind Paramount Global and Skydance Media said in a long statement that it understands the concerns of the Hollywood creative community and respects their commitment, but added: «Importantly,

title: Hollywood Stars Oppose Paramount–Warner Merger Over Industry Concerns

description: Opposition is growing in Hollywood against the proposed merger between Paramount Skydance and Warner Bros. Discovery, amid warnings about its potential impact on competition in the global entertainment industry.

snippets: The letter stated that the deal could further concentrate media ownership, leading to fewer opportunities for creators, job losses in production sectors, and higher costs, as well as limiting choices for audiences in the United States and worldwide.

title: Film industry figures oppose Paramount, Warner Bros. merger

description: More than a thousand movie stars, writers, directors and other Hollywood professionals announced their "unequivocal opposition" to the proposed Paramount merger with Warner Bros. Discovery in an open letter published Monday.

snippets: Ellison, chief executive of Paramount Skydance, has pledged to keep Paramount and Warner Bros. as stand-alone movie studio operations, and vowed to release a combined 30 movies a year in theaters. Paramount has acknowledged the merger will also lead to significant cuts due to duplication.

title: Hollywood leaders, theater owners gather at CinemaCon at a critical time in the industry

description: The future of theatrical moviegoing is at a critical moment. More people have been

title: Filmmakers, Actors Oppose Warner Bros. Discovery, Paramount Merger

description: More than 1,000 filmmakers, actors, and industry professionals have signed an open letter. They oppose Warner Bros. Discovery's proposed USD 110 billion merger with Paramount Skydance. The letter warns the deal would reduce competition and deepen consolidation in the U.S. media sector.

title: Hollywood biggies oppose Paramount-Warner Bros. merger in open letter

description: Over 1,400 Hollywood figures, including Emma Thompson and Ben Stiller, have publicly opposed the proposed merger between Paramount and Warner Bros Discovery.

snippets: Over 1,400 Hollywood actors, directors, and filmmakers have signed an open letter opposing the proposed merger of film studios Paramount and Warner Bros. Discovery. The letter argues that the deal, estimated at around $111 billion, would "further consolidate an already concentrated media landscape" and reduce competition at a time when the entertainment industry is still recovering from the COVID-19 pandemic and labor union strikes in 2023.

title: Warner Bros. to take the stage at CinemaCon as filmmakers oppose Paramount acquisition

description: Fresh off best picture, best actor and best director wins at the Oscars last month , Warner Bros. is presenting its upcoming slate to movie theater owners.

title: Theater group says Paramount, Warner Bros merger 'harmful' to industry

description: Paramount Skydance's proposed purchase of Warner Bros Discovery will consolidate too much power in one company and cause harm to consumers and the industry, the head of a cinema trade group said on Tuesday at the […]

snippets: Paramount Skydance's proposed purchase of Warner Bros Discovery will consolidate too much power in one company and cause harm to consumers and the industry, the head of a cinema trade group said on Tuesday at the largest convention of movie theater owners. Warner Bros Discovery agreed in March to be acquired by David Ellison's Paramount Skydance in a $110 billion deal after rival Netflix dropped out of the bidding.

description: Fresh off best picture, best actor and best director wins at the Oscars last month, Warner Bros. is presenting its upcoming slate to movie theater owners. The storied studio will take the main stage at Caesar's Palace in Las Vegas Tuesday for the annual CinemaCon convention and trade show. But this […]

snippets: Not everyone in the business of making and releasing movies is opposed to a Paramount owned Warner Bros. James Cameron is, in fact, a supporter. He also publicly opposed the idea of a Netflix owned Warner Bros. because of the possible implications for theaters. But he doesn't have the same fears with Paramount.

description: Speaking to the AP last week on behalf of the upcoming big screen concert film "Billie Eilish — Hit Me Hard and Soft: The Tour (Live in 3D)," which is being released by Paramount, Cameron said "I'm a supporter of it, I know it's controversial.

title: Hollywood heavyweights oppose Paramount deal

description: NPR's Mary Louise Kelly talks with TV writer and showrunner Damon Lindelof about the open letter he and thousands of others signed, opposing Paramount's takeover of Warner Bros. Discovery.

snippets: KELLY: Damon Lindelof - TV writer, showrunner, storyteller - talking about his decision to sign an open letter opposing Paramount Skydance's takeover of Warner Bros. Discovery. Damon Lindelof, thanks so much.

description: Fresh off best picture, best actor and best director wins at the Oscars last month, Warner Bros. is presenting its upcoming slate to movie theater owners. The storied studio will take the main stage at Caesar's Palace in Las Vegas Tuesday […]

description: Paramount Skydance's proposed purchase of Warner Bros Discovery will consolidate too much power in one company and cause harm to consumers and the industry, the head of a cinema trade group said on Tues...


title: Gucci Sales Drop 8% as Iran War Hinders Kering Turnaround

description: Gucci reported an 8% sales decline in the first quarter, marking eleven consecutive quarters of falling revenue. This setback complicates CEO Luca De Meo's strategy to revive the luxury brand. The ongoing Iran war negatively impacted overall group sales by one percentage point, while analyst forecasts shifted from growth to stagnation, dragging down Kering's stock performance.

continent: Europe

region: Western Europe

country: France

time_horizon: quarters

Kering SA

wiki_page: Kering

name_eodhd: Kering SA

name_kgid: Kering

name_lei: KERING

name_orig: Kering SA

name_wiki: Kering

ticker_wiki: PPRUF

Gucci Group Nv

name_eodhd: Gucci Group Nv

name_figi: GUCCI GROUP NV

name_kgid: Gucci Group Italia Holding S.p.A.

name_orig: Gucci Group Nv

ticker_figi: GUC

ticker_serp: GUC

level_3: consumer goods

level_3: fashion

level_1: conflict, war and peace

level_2: armed conflict

level_3: guerrilla activity

label: Current Events

label: Results Listings and Statistics

sector: Consumer Discretionary

industry_group: Consumer Durables & Apparel

industry: Textiles, Apparel & Luxury Goods

sub_industry: Apparel, Accessories & Luxury Goods

industry_group: Consumer Discretionary Distribution & Retail

industry: Specialty Retail

sub_industry: Apparel Retail

sub_industry: Homefurnishing Retail

category: Reputational Risk

subcategory: Customer Sentiment

event: Brand Recognition Declined

category: Earnings Insights

subcategory: Earnings Guidance

event: Earnings Guidance Lowered

event: Brand Loyalty Declined

event: REJECT

mode: yield

event: RETREAT

mode: withdraw

disaster_type: Glacial lake outburst flood

technique: Defacement

technique: Weaken Encryption

block: Glaucoma or glaucoma suspect

block: Impulse control disorders

event_type: world games (retired)

sport: golf

sport: Swiss wrestling

label: SaleEvent

label: DeliveryEvent

label: sadness

label: disgust

tier_1: Style & Fashion

tier_2: Designer Clothing

tier_3: Designer Clothing

tier_4: Designer Clothing

tier_3: Apparel Industry

tier_4: Apparel Industry

tier_2: Fashion Trends

title: Gucci sales extend falls as Iran war clouds de Meo turnaround

description: Sales at Kering's Italian flagship brand Gucci dropped by 8% in the first quarter from the previous year, the fashion group said on Tuesday, as the Iran war curtailed shopping in the Middle East and international travel. Gucci's 1.35 billion euro ($1.59 billion) sales from January to March were slightly […]

snippets: Kering's shares are down about 8% this year. IRAN WAR COMPLICATES WIDER LUXURY REVIVAL The 33-billion-euro ($39 billion) nascent turnaround has been complicated further by the Middle East conflict and fragile consumer confidence. The conflict shaved off 1% of overall growth at the group level, with a similar effect at Gucci, said finance chief Armelle Poulou. This was in line with comments made by Kering's larger rival LVMH on Monday.

snippets: Sales at Kering's Italian flagship brand Gucci dropped by 8% in the first quarter from the previous year, the luxury fashion group said on Tuesday, as the Iran war hurt spending by Middle East shoppers and curtailed international travel.

description: Sales at Kering's Italian flagship brand Gucci dropped by 8% in the first quarter from the previous year, the fashion group said on Tuesday, as the Iran war curtailed shopping in the Middle East and...

description: Sales at Kering's Italian flagship brand Gucci dropped by 8% in the first quarter from the previous year, the fashion group said on Tuesday, as the Iran war curtailed shopping in the Middle East and international travel. Guc...

description: Sales at Kering's Italian flagship brand Gucci dropped by 8% in the first quarter from the previous year, the 33 billion euro ($39 billion) fashion group said on Tuesday in what it called a "first step" in its recovery. Gucci's 1.35 billion euro ($1.59 billion) sales...

description: Gucci's 1.35 billion euro sales from January to March were slightly below

title: Gucci sales extend falls as Iran war clouds de Meo's Kering turnaround

description: Gucci sales fell 8% in Q1, marking the 11th straight decline. Iran war, weak demand, and shifting trends complicate Kering's turnaround plans.

title: Gucci sales extend falls as Iran war clouds turnaround

description: Sales at Kering's Italian flagship brand Gucci dropped by 8% in the first quarter from the previous year, the €33 billion ($39 billion) fashion group said today in what it called a "first step"in its recovery.

title: Kering remains weighed down by Gucci in Q1 as revenue falls 6%

description: French luxury group Kering, which is undergoing a transformation, reported a 6% decline in first-quarter revenue, still weighed down by its flagship house Gucci, and noted an impact from the war in the Middle East.

snippets: At Gucci, management emphasized good performance in North America offsetting weaker results in Asia-Pacific and Western Europe, with execution focused on refocused product architecture and category priorities. Retail sales declined 9% on a comparable basis while wholesale grew 2%.

snippets: Strip away the optics, and what emerges is a group in transition, not retreat. The headline number may suggest softness, but the underlying story is more nuanced: most of Kering's Houses posted growth, jewelry delivered standout performance, and Gucci —still the gravitational center of the business—is beginning to show early signs of traction in key markets.

snippets: Competitive intensification from digital natives like Shein threatens market share if Burberry lags in agility. Regulatory scrutiny on labor and environment in supply chains looms larger. Balancing growth investments with profitability remains the pivotal challenge.

title: Kering - 2026 First-quarter revenue: gradual improvement and focus on execution

snippets: We expect the focus to be key organizational changes, access to key leaders — many of whom are new — and brand-specific strategies with outsized Gucci focus given Florence location," they wrote. "We are encouraged by the steady and visible progress being made at Kering; however, to turn more positive we require evidence of inflecting brand heat for Gucci, which may take further time given unsupportive macro and sector backdrop.

snippets: Armelle Poulou, Group Chief Financial Officer, Kering : Thank you, Piral. Let me come back to Kering Jewelry. That is true, we had a very good quarter. I can try to give you a bit more color, brand by brand. We had actually a very good and positive performance in all four brands of the portfolio, which is good news. Certainly, the performance was stronger in APAC, where those brands are actually very strong.

snippets: In the first quarter of 2026, Group revenue stabilized, marking an important first step in our recovery and a further sequential improvement. This performance reflects the first tangible effects of our actions, despite a challenging geopolitical environment. Nearly all our Houses delivered growth during the quarter, with a particularly strong contribution from jewelry.

description: Kering - Press Release - 2026 First Quarter Revenue - 04 14 26 2026 FIRST-QUARTER REVENUE: GRADUAL IMPROVEMENT AND FOCUS ON EXECUTION Kering completed major transactions in beauty, jewelry and real estate

title: Earnings call transcript: Kering Q1 2026 revenue steady amid challenges

snippets: Armelle Poulou, Group Chief Financial Officer, Kering : Thank you, Edouard. Let me answer on your first question. I think you very correctly mentioned the progressive rollout of new collections for La Famiglia, the look book, and Primavera. Maybe the share of La Famiglia product was a bit higher than the one you mentioned, higher in SKU, but even higher in sales, considering the good reaction to those new products.

snippets: Antoine Belge, Analyst, BNP Paribas 0: Okay. Thank you. Good evening, everybody. My first question is on Kering Jewelry, which has obviously been the best performing vertical within the portfolio. Congratulations on that. Could you maybe just elaborate a little bit on the performance by brand? What are the specifics, if I could put it that way, in terms of where the momentum is coming from, is my first question.

snippets: Kering Jewelry delivered another very strong quarter, up 22% on a comparable basis, clearly standing out as a growth engine for the Group. Performance was supported by strong brand momentum and solid execution across regions. Kering Eyewear grew by 7% on a comparable basis, once again confirming the strength, consistency, and resilience of this business, driven by the breadth of the portfolio and continued operational execution.

description: Kering - Press Release - 2026 First Quarter Revenue - 04 14 26 PRESS RELEASEApril 14, 2026 2026 FIRST-QUARTER REVENUE: GRADUAL IMPRO...

snippets: France's LVMH has reported a resilient Q1 2026 performance despite geopolitical tensions and Middle East disruptions. Revenue declined 6 per cent YoY due to currency effects, while organic growth remained marginal. Strong demand in the US and Asia supported performance, though Fashion & Leather Goods saw a dip. Sephora drove retail growth.

snippets: Kering, the luxury-goods company that houses Gucci and other upscale brands, reported better sales trends at the start of the year ahead of the launch of a new plan aimed at giving the group a shot in the arm.


title: Trump's Fed Nominee Warsh Discloses Over $100M in Crypto and SpaceX Assets

description: President Trump's Federal Reserve nominee Kevin Warsh filed complex financial disclosures revealing assets exceeding $100 million. His portfolio includes significant stakes in SpaceX, Polymarket, cryptocurrency, and AI ventures. This anomalous wealth contrasts with previous chairs who held diversified mutual funds. The filing is a mandatory step for Senate confirmation of his role as central bank leader.

sentiment: neutral

name: Space Exploration Technologies Corp. Class A Common Stock

wiki_page: SpaceX

name_eodhd: Space Exploration Technologies Corp. Class A Common Stock

name_kgid: Space Exploration Technologies Corp.

name_lei: SPACE EXPLORATION TECHNOLOGIES CORP.

name_orig: Space Exploration Technologies Corp. Class A Common Stock

name_wiki: SpaceX

ticker_wiki: SPCX

ticker_serp: SPCX

level_2: economy

level_3: currency

level_2: election

level_3: campaign finance

level_2: market and exchange

level_3: foreign exchange market

label: Curtain Raiser

label: Exclusive

label: Forecast

industry: Capital Markets

sub_industry: Financial Exchanges & Data

sub_industry: Asset Management & Custody Banks

sector: Other

industry_group: Other

industry: Other

sub_industry: Other

category: Insider Analysis

subcategory: Insider Transactions

event: Insider Pledged Shares

subcategory: Special Disclosures

event: Special Disclosure Filed

category: Corporate Governance

subcategory: Board Dynamics

event: Board Dispute Disclosed

context: economic

context: technology

mode: allege

disaster_type: Flood

disaster_subgroup: Extra-terrestrial

disaster_type: Space weather

disaster_subgroup: Miscellaneous accident

disaster_type: Fire (Miscellaneous)

technique: Financial Theft

subtechnique: Purchase Technical Data

tactic: Credential Access

technique: Unsecured Credentials

subtechnique: Private Keys

block: Anxiety or fear-related disorders

block: Mineralocorticoids antagonists

block: Certain disorders of the nervous system

sport: flying disc

sport: F3000 (retired)

sport: vault (artistic gymnastics) (retired)

label: PublicationEvent

label: VisualArtsEvent

label: Economic Consequences

label: Conflict

label: surprise

label: fear

tier_3: Currencies

tier_4: Currencies

tier_2: Personal Investing

tier_3: Stocks and Bonds

tier_4: Stocks and Bonds

tier_3: Hedge Funds

tier_4: Hedge Funds

main_class: Digital Assets

sub_class: Cryptocurrencies

sub_class: Stablecoins

title: Trump's Fed Pick Warsh Reveals Stake In Bitcoin Startup Flashnet

snippets: The Fed chair oversees interest-rate policy and the regulatory environment that shapes liquidity conditions for all risk assets, including cryptocurrencies. Warsh has been cast in some corners of the industry as the first overtly pro‑Bitcoin Fed chair, with supporters arguing that his familiarity with the asset class will help with institutional normalization rather than bias.

snippets: Trump's nominee for Federal Reserve chair, Kevin Warsh, has disclosed an equity stake in Bitcoin payments start-up Flashnet. The holding appeared in financial disclosure forms filed ahead of Warsh's Senate confirmation hearing, which could begin as soon as this week but will most likely start next week.

snippets: Kevin Warsh, Trump's nominee to lead the Federal Reserve, holds stakes in Polymarket and an Ethereum developer platform.

description: Trump's Fed Pick Warsh Reveals Stake In Bitcoin Startup Flashnet

description: Kevin Warsh, President Donald Trump's nominee to lead the Federal Reserve, has reported an equity stake in Bitcoin payments startup Flashnet.

title: Fed nominee Kevin Warsh discloses assets worth over $100 million

description: Kevin Warsh, President Donald Trump's nominee for Federal Reserve chair, has filed financial disclosure forms that indicate assets worth over $100 million.

snippets: Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 million. The document is required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled hearing. While it is difficult to estimate net worth from U.S.

snippets: Warsh's major holdings put his assets at well over $100 million, including two $50-million-plus holdings in the Juggernaut Fund LP, apparently part of Warsh's work advising for the Duquesne Family Office, the private investment firm of Stanley Druckenmiller. But it is in dozens of other holdings, listed as part of something called DCM Investments 10 LLC with a market value of no more than half a million dollars,

snippets: The document filed overnight with the U.S. Office of Government Ethics is complex and a required step to be confirmed by the Senate. The Juggernaut Fund investments, for example, come with the caveat that the underlying assets "are not disclosed due to pre-existing confidentiality agreements," with a promise from Warsh that "I will divest this asset if confirmed.

title: Trump's Next Fed Chair Kevin Warsh Discloses Crypto, Polymarket, SpaceX Holdings

description: U.S. President Donald Trump's Federal Reserve chair nominee, Kevin Warsh, has revealed an extensive investment portfolio. It includes advanced technology,

snippets: Further, it's worth noting that Warsh has a total asset holding of more than $100 million, per a 69-page disclosure. It is highly concentrated in two holdings with a value of over $50 million in Juggernaut Fund LP. The fund is associated with his advisory position with the Duquesne Family Office, the investment firm that was initiated by hedge fund guru Stanley Druckenmiller.

title: Fed Nominee Kevin Warsh Discloses Crypto Exposure in Financial Filing

description: Fed chair nominee Kevin Warsh's financial filing reveals crypto-related holdings and bets on emerging tech, alongside a portfolio exceeding $100M.

snippets: Federal Reserve chair nominee Kevin Warsh has disclosed holdings in crypto and emerging technology firms as part of a financial filing tied to his nomination to lead the Federal Reserve.

title: Trump's Fed chair pick Warsh discloses fortune, SpaceX and Polymarket stakes

description: Donald Trump's nominee for Federal Reserve chair, Kevin Warsh, has disclosed assets worth well over USD100 million ($140.2 million) ahead of his confirmation hearing, underlining his extensive interests in Wall Street and Silicon Valley through investments and advisory relationships.

snippets: Warsh's large-scale investments are among a series of holdings, including around two dozen in THSDFS LLC, some individually worth as much as $5 million, where details were withheld and which Warsh also pledged to divest if confirmed.

title: Fed nominee Warsh's holdings include SpaceX, Polymarket, crypto and AI

description: Holdings in Elon Musk's SpaceX company and predictions platform Polymarket are among dozens of future-oriented assets that Federal Reserve chair nominee...

snippets: Holdings in Elon Musk's SpaceX company and predictions platform Polymarket are among dozens of future-oriented assets that Federal Reserve chair nominee Kevin Warsh lists on a newly filed financial disclosure that shows dozens of apparently small bets on a wide array of emerging and almost science fiction-sounding ventures.

description: Holdings in Elon Musk's SpaceX company and predictions platform Polymarket are among dozens of future-oriented assets that Federal Reserve chair nominee Kevin Warsh lists on a newly filed financial...

title: Kevin Warsh's Financial Disclosures Reveal Assets Over $100 Million

description: Former Federal Reserve governor Kevin Warsh, nominated by President Trump, has disclosed assets exceeding $100 million in financial filings, including significant investments in the Juggernaut Fund LP

snippets: Barclays and Citigroup served as co-structuring advisors and joint active bookrunning managers. BMO Capital Markets and Truist also participated as joint active bookrunning managers. Kirkland & Ellis LLP advised Switch, and Latham & Watkins LLP represented the underwriters.

snippets: I believe DSA is the partner companies need right now to practically deploy their AI strategy in a manner that will yield actionable and meaningful results. We look forward to introducing DSA's talented team to our clients.

snippets: Those holdings include Cafe X, described as a robotic coffee bar platform; a "bionic movement-enhancing wearable clothing" firm called Cionic; Blast, notated as "yield-generating Ethereum layer two,"; and Contraline, a "reversible male contraceptive solution.

title: Fed Chair Nominee Kevin Warsh Reveals Assets Worth Over $190 Million

description: Warsh received more than $1.5 million for what the disclosures refer to as honoraria, primarily for speaking engagements, including $750,000 from hedge fund Brevan Howard for three different occasions.

title: Fed nominee Warsh reports well over $100 million in assets ahead of April 21 hearing

description: Former Federal Reserve Governor Kevin Warsh, nominated by President Donald Trump to head the U.S. central bank, reported assets worth well over $100 million in new financial disc...

snippets: Fed Chair nominee Kevin Warsh is worth well over $100 million, new financial disclosure forms show Warsh's wealth far outstrips that of outgoing Fed Chair Jerome Powell, whose most recent disclosure shows he is worth at least $19.5 million. Read more »

title: Fed nominee Warsh files financial disclosures suggesting assets worth over $100 million

description: Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth well over $100 milli...

snippets: They are among a series of holdings, including around two dozen in THSDFS LLC, some individually worth as much as $5 million, where details were withheld and which Warsh also pledged to divest if confirmed.

title: Kevin Warsh Could Become Richest Fed Chair Ever—Discloses Assets Worth Over $100 Million

description: Warsh's finances are boosted by his billionaire wife, Jane Lauder.

snippets: Warsh, who disclosed his finances with the Office of Government Ethics, reported investments and holdings worth roughly $131 million to $209 million, in addition to holdings from his billionaire wife, Jane Lauder.

title: Fed Nominee Kevin Warsh Details Vast Wealth

description: Kevin Warsh's wealth eclipses that of all recent Federal Reserve chairs, newly released financial disclosure forms show," CNBC reports."Warsh is President Donald Trump's nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approxi

snippets: Warsh is President Donald Trump's nominee to succeed Federal Reserve Chair Jerome Powell. His financial filings show that Warsh has holdings of approximately $131 million to $209 million, plus hundreds of millions in additional assets held by his wife, Jane Lauder.

title: Fed nominee Warsh filings detail vast wealth

description: Kevin Warsh, former governor of the US Federal Reserve, speaks with CNBC on July 17, 2025. CNBC Kevin Warsh's wealth eclipses that of all recent Federal Reserve chairs, newly released…

snippets: Warsh's filings aren't just impressive; they are anomalous. While previous chairs often relied on diversified mutual funds or government bonds, the nominee's disclosures point toward a sophisticated array of private equity stakes and venture capital vehicles. This is a "Wall Street" profile in the most literal sense, moving from the role of a regulator to a participant and back to a regulator.

title: Fed nominee Warsh's financial disclosures point to assets well over $100m

description: Warsh's financial disclosures will almost certainly be a focus of his upcoming confirmation hearing next week.

title: Trump's Fed pick discloses $131M fortune as nomination faces headwinds

description: President Donald Trump's Fed pick Kevin Warsh reveals a $131 million fortune, potentially making him the richest chair in history as his nomination faces Senate hurdles.

snippets: The potential Fed leader's wealth, which appears to significantly exceed that of current Fed Chair Jerome Powell, suggests a challenging vetting process for legislators. Warsh's financial position also stands in sharp relief to that of most Americans and more closely aligns with the substantial wealth held by top Trump officials like Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

title: Trump's Fed Pick Discloses Vast Wealth Ahead of Confirmation Hearing

description: Kevin M. Warsh, President Trump's pick to lead the Federal Reserve, has submitted detailed financial disclosures showing he would divest a substantial portion of his more than $100 million in assets as he faces a confirmation hearing before the Senate Banking Committee. Warsh's path to confirmation is expected to be complicated due to concerns about the Fed's independence and ongoing investigations into the central bank's leadership.

snippets: The filings are complex. The Juggernaut Fund investments, for example, come with the caveat that the underlying assets "are not disclosed due to pre-existing confidentiality agreements," with a promise from Warsh that "I will divest this asset if confirmed.

title: Fed nominee Warsh files financial disclosure in step towards confirmation

description: Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to run the central bank, has submitted financial disclosures that are required for his nomination to advance through...

title: Fed chairman nominee Kevin Warsh's vast holdings include crypto

description: Kevin Warsh's financial disclosure reveals stakes in DeFi protocols, Ethereum scaling networks, a Bitcoin Lightning startup, and prediction markets — all of which he's promised to sell.

snippets: Kevin Warsh, President Trump's nominee to chair the Federal Reserve, filed his 69-page financial disclosure with the U.S. Office of Government Ethics, clearing the last bureaucratic hurdle before his confirmation hearing, now expected next week.

title: Fed nominee Kevin Warsh disclosure shows he would become richest Fed Chair

description: Fed nominee Kevin Warsh disclosure shows he would become richest Fed Chair

snippets: Senators next week are set to consider President Donald Trump's nomination of Kevin Warsh to be the next chair of the Federal Reserve, according to Sen. Tim Scott, who leads the committee that approves nominees to the central bank.

description: Kevin Warsh's OGE filing reveals $192M+ in assets, crypto stakes in Solana, Dydx and Optimism, and pledges to divest before leading the Fed.

snippets: The crypto exposure surfaces across several venture fund structures. Warsh holds indirect stakes in Solana, Optimism, and the Lightning Network through AVGF I, and in Dydx and Polychain through the DCM Investments 10 LLC structure, which also captures dozens of fintech and Web3 names, including Compound, Lighter, Lemon Cash, and Blast, a yield-generating Ethereum layer-two ( L2 ) protocol.

snippets: Federal Reserve chair nominee Kevin Warsh disclosed more than $192 million in combined assets through a U.S. Office of Government Ethics filing, revealing a sprawling portfolio that includes crypto investments in Solana, Dydx, Optimism, Polychain Capital, and Dapper Labs, with Warsh pledging to divest certain holdings if confirmed. Key Takeaways: Kevin Warsh's OGE filing discloses […]

snippets: Investing.com -- Kevin Warsh, President Trump's nominee for Federal Reserve chair, disclosed assets worth between $131 million and $209 million in financial documents filed Tuesday with the U.S. Office of Government Ethics, far exceeding current chair Jerome Powell's wealth of $19 million to $75 million disclosed in 2025. The filing comes as the Senate Banking Committee prepares for a confirmation hearing next week, with Powell's term set to expire May 15, 2026.

title: Confirmation hearing set for Trump's Fed chair nominee, top Republican says

snippets: The lengthy disclosures from Warsh show bank accounts, consultant work and various asset ownership. This includes serving on the boards of United Parcel Service (NYSE: UPS ) and Coupang (NYSE: CPNG ), with shares held in both companies.

title: Fed nominee Warsh's financial disclosures point to well over $100 million in assets

description: Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to lead the central bank, has submitted financial disclosures that suggest he holds assets worth...

snippets: Kevin Warsh, President Trump's pick for Federal Reserve governor, has submitted detailed financial disclosures, crucial for his Senate nomination. His assets include investments in the Juggernaut Fund and consulting fees. Disclosure complexities arise due to confidentiality agreements, with commitments made to divest certain holdings if confirmed.

description: Kevin Warsh's 69-page disclosure includes two investments worth more than $50 million each in the Juggernaut Fund LP and $10.2 million in consulting fees from the investment office of Wall Street giant Stanley Druckenmiller.

snippets: Fraser Matthews CEO 778.819.3890 About BIGG Digital Assets Inc. BIGG Digital Assets Inc. (TSXV: BIGG; OTCQB: BBKCF; WKN: A2PS9W) owns, operates, and invests in crypto businesses that support a compliant and safe digital asset ecosystem. BIGG's portfolio includes:

title: Ethics Filing: Fed Chair Pick Kevin Warsh Lists Estee Lauder Wealth and Crypto Stakes – Bitcoin News

description: Key Takeaways: Kevin Warsh's OGE filing discloses over $192 million in joint assets, including crypto stakes in Solana, Dydx, and Optimism. Warsh pledged

description: According to CBS News, Kevin Warsh, President Trump's nominee to be the next chair of the Federal Reserve, has a net worth exceeding $100 million

snippets: By comparison, Powell's most recent financial disclosure form shows he is worth a minimum of $19.5 million, with his largest investments including S&P 500 index funds and a mutual fund focused on municipal bonds.


title: US Banks Report Strong Trading Amid Economic Resilience and Rising Risks

description: Major US banks reported robust trading performance in the first quarter, driven by heightened market volatility and increased investment banking fees. While the economy remains resilient with strong consumer spending, executives like Jamie Dimon warn of significant emerging global risks. These factors create a complex environment where trading desks benefit from uncertainty even as caution grows regarding future economic stability.

time_horizon: days

Citigroup Inc.

wiki_page: Citigroup

name_eodhd: Citigroup Inc.

name_kgid: Citigroup

name_lei: CITIGROUP INC.

name_orig: Citigroup Inc.

name_wiki: Citigroup

ticker_wiki: C

ticker_serp: C

Goldman Sachs Group Inc

name_eodhd: Goldman Sachs Group Inc

name_kgid: Goldman Sachs Group Inc

name_lei: THE GOLDMAN SACHS GROUP, INC.

name_orig: Goldman Sachs Group Inc

ticker_serp: GS

JPMorgan Chase & Co

name_eodhd: JPMorgan Chase & Co

name_kgid: Chase Bank

name_lei: JPMORGAN CHASE & CO.

name_orig: JPMorgan Chase & Co

name_wiki: JPMorgan Chase

ticker_wiki: JPM

ticker_serp: JPM

level_2: business information

level_3: business reporting and performance

level_3: financial service

label: Polls and Surveys

industry_group: Banks

industry: Banks

sub_industry: Diversified Banks

sub_industry: Regional Banks

sub_industry: Investment Banking & Brokerage

category: Investor Relations

subcategory: Quarterly Report

event: Quarterly Report Published

subcategory: Shareholder Sentiment

event: Investor Sentiment Declined

category: Technical Analysis

subcategory: Volume

event: Trading Volume Increased

context: economic

context: technology

context: crime

disaster_type: Storm

disaster_subgroup: Geophysical

disaster_type: Earthquake

block: Mood disorders

chapter: Factors influencing health status or contact with health services

block: Factors influencing health status

sport: eSports

sport: billiards

label: BusinessEvent

label: SportsEvent

label: Responsibility

label: happiness

tier_3: Financial Industry

tier_4: Financial Industry

tier_2: Consumer Banking

tier_3: Consumer Banking

tier_4: Consumer Banking

title: US bank profits jump as execs see consumers surviving oil spike, for now

description: Large banks reported higher profits Tuesday, pointing to resilience among US businesses and customers despite spiking oil prices from the Middle East war.

snippets: While markets have been volatile, we still see continued resiliency in the underlying economy and the financial health of the consumers and businesses we serve remains strong, though the impact of higher oil prices will likely take some time to materialize," Scharf said.

snippets: Some clouds early will give way to generally clear conditions overnight. Low 27F. Winds NNE at 10 to 15 mph.

title: US bank profits jump as execs see consumers surviving oil spike so far

description: Large banks reported higher profits Tuesday, pointing to resilience among US businesses and customers despite higher oil prices from the Middle East war.

snippets: Dimon expressed measured concern Tuesday, saying that in general, private credit quality has not deteriorated significantly, although "there are pockets where it has," he told an analyst conference call.

snippets: JPMorgan Chase notched gains across leading consumer and investment bank categories. CEO Jamie Dimon described the US economy as still healthy but facing an "increasingly complex set of risks," including volatile energy prices, trade uncertainty and large deficits. Profits at the largest US lender by assets came in at $16.5 billion, up 13 percent from the year-ago level, while revenues jumped 10 percent to $49.8 billion.

snippets: While higher gasoline prices pose a greater strain on lower income households, Dimon said a solid US employment market remained a supporting factor.

snippets: JPMorgan Chase chairman and CEO Jamie Dimon, shown here at January's World Economic Forum, said he does not view private credit deterioration as a systemic risk to the economy - Copyright AFP/File Fabrice COFFRINI

snippets: In mid-morning trading, JPMorgan shares dipped 0.9 percent, while Citi climbed 1.0 percent. Wells Fargo, which missed analyst estimates on revenues and some other benchmarks, dropped 6.3 percent.

snippets: JPMorgan Chase posted Q1 results that topped Wall Street expectations on stronger-than-expected fixed income and investment banking revenue, while Wells Fargo reported better-than-expected first-quarter earnings of $5.25bn despite revenue growth of 6% to $21.4bn missing forecasts.

snippets: US President Donald Trump's choice for central bank chair is set to face a confirmation hearing next Tuesday, in a nomination some have criticized as an attempt to take over the Federal Reserve. Read More Trump's Fed chair nominee to face Senate confirmation hearing next week

snippets: JPMorgan ( JPM ), Wells Fargo ( WFC ), Citi ( C ), and BlackRock ( BLK ) continued bank earnings week on Tuesday following Goldman Sachs' ( GS ) strong results on Monday. Sevens Research Report founder Tom Essaye chats with Yahoo Finance Executive Editor Brian Sozzi about the earnings results.

snippets: Outside of further developments in the US and Israel's conflict with Iran, Tuesday's primary focus will be first quarter earnings from a number of major US banks, with Citigroup posting a 42% rise in first‑quarter profit on Tuesday, lifted by heightened market volatility and stronger investment‑banking activity as geopolitical tensions fuelled sharp price swings across asset classes, while BlackRock reported better‑than‑expected first‑quarter results on Tuesday,

snippets: If there were no demands, if people weren't lining up to get money out of certain places, then it might go completely without problems, and we might not ever see any of cockroaches. But the fact is there is money leaving that industry, and the banks themselves did provide a lot of back credit to lot of these [private-credit] companies.

snippets: On the macro front, US producer prices increased less than expected in March, according to the Bureau of Labor Statistics, with the producer price index for final demand increasing 0.5% on the month, matching February's gain and following a 0.6% rise in January. On an unadjusted basis, final demand prices were up 4.0% in the year ended 31 March - the strongest annual increase since February 2023.

snippets: What's going on here? US stocks inched up Tuesday as major banks mostly beat earnings expectations, while Amazon's Globalstar deal talk and new Lucid funding sparked big single-stock swings. What does this mean? Bank earnings set the early tone for results season: solid profits are one thing, but guidance and revenue quality are what move shares.

snippets: Dimon's comments were consistent with those Monday by Goldman Sachs Chief Executive David Solomon, who expects greater losses with the turn in the credit cycle when there is a recession or another triggering event. JPMorgan finished down 0.8 percent, while Citi climbed 2.6 percent. Wells Fargo, which missed analyst estimates on revenues and some other benchmarks, dropped 5.7 percent. O.Bulka--BTB

snippets: The alignment of BlackRock (NYSE: BLK) and Citigroup (NYSE: C) provides a strong signal, but it is not a blank check. The sustainability of this bull run depends on two factors: the continued translation of AI CapEx into OpEx savings and the Federal Reserve's ability to maintain a "soft landing" without triggering a secondary inflation spike.

snippets: Microsoft Corp. (MSFT) $393.11 5.67% Nike Inc. (NKE) $44.20 3.01% Goldman Sachs Group Inc. (GS) $909.63 2.11% Walt Disney Co. (DIS) $102.59 1.39% Cisco Systems Inc. (CSCO) $82.61 1.08% International Business Machines Corporation (CDI) (IBM) $240.27 1.03% American Express Co. (AXP) $326.96 0.97% Johnson & Johnson (JNJ) $240.10 0.90% Boeing Co. (BA) $223.77 0.73% Visa Inc. (V) $311.37 0.64%


title: Ben Cohen Demands Ben Jerry's Independence After Unilever Spinoff

description: Ben Cohen, co-founder of Ben & Jerry's, is calling for the brand to regain independence following Unilever's March 2024 announcement to spin off its ice cream division. Cohen estimates the company's value between 1.5 and 2 billion dollars. He voiced these demands during a public appearance in Burlington, Vermont, on April 14, emphasizing the need for the brand to operate autonomously once again.

Unilever PLC

name_eodhd: Unilever PLC

name_kgid: Unilever

name_orig: Unilever PLC

name_wiki: Unilever

level_2: business enterprise

level_3: cooperative

level_3: business strategy and marketing

level_1: education

level_2: school

level_3: independent school

label: Opinion

label: Quote

industry_group: Capital Goods

industry: Industrial Conglomerates

sub_industry: Industrial Conglomerates

sector: Consumer Staples

industry_group: Food, Beverage & Tobacco

industry: Beverages

sub_industry: Brewers

subcategory: Ventures

event: Spin-Off Announced

subcategory: Public Sentiment

event: Boycott of Brand Began

event: Spin-Off Pending Approval

event: COERCE

event: COOPERATE

mode: resign

disaster_type: Chemical spill

tactic: Initial Access

subtechnique: Compromise Software Dependencies and Development Tools

technique: Indicator Removal

subtechnique: Network Share Connection Removal

block: Milk or dairy

block: Benzothiadiazine derivatives

sport: bobsleigh

sport: ice dance (retired)

sport: icestock sport

label: SaleEvent

label: OnDemandEvent

label: Human Interest

label: anger

label: contempt

tier_3: Food Industry

tier_4: Food Industry

tier_2: Business

tier_3: Business Banking & Finance

tier_4: Mergers and Acquisitions

tier_1: Food & Drink

tier_2: Desserts and Baking

tier_3: Desserts and Baking

tier_4: Desserts and Baking

main_class: Alternative Investments

sub_class: IP & Royalties

sub_class: Private Equity

main_class: Fixed Income

sub_class: Corporate Bonds

title: Ben & Jerry's Co-Founder Calls for Brand's Independence

description: Ben Cohen, co-founder of Ben & Jerry's, is calling on the brand's current owner, Magnum Ice Cream Co., to sell the company to a group of socially-conscious investors. Cohen claims Magnum has stifled Ben & Jerry's social activism, preventing the company from making posts supporting causes like Black History Month and the Gaza ceasefire. Ben & Jerry's other co-founder, Jerry Greenfield, resigned in 2025, citing the loss of the brand's independence.

snippets: Ben and Jerry's co-founder Ben Cohen speaks during an interview about his Free the Cone Day campaign, asking supporters to help restore the company's independence and protect its social mission on Free Cone Day in Burlington, Vt., Tuesday, April 14, 2026. (AP Photo/Amanda Swinhart) AP

snippets: Cohen believes Ben & Jerry's is now worth between $1.5 billion and $2 billion. He wouldn't name any of the investors who are interested in buying the brand, but said they're eager to talk to Magnum, which is based in Amsterdam. People eat ice cream outside the Ben and Jerry's scoop shop on Free Cone Day on Free Cone Day in Burlington, Vt., Tuesday, April 14, 2026.

description: Ben Cohen is calling on Ben & Jerry's owner The Magnum Ice Cream Co. to sell the brand.

snippets: Here's the scoop on Ben & Jerry's evolution: Unilever, a London conglomerate that also owns Dove soap and Hellmann's mayonnaise, acquired Ben & Jerry's in 2000 for $326 million, or the equivalent of $625 million today. At the time, Cohen and his co-founder, Jerry Greenfield, said the partnership would help the progressive Vermont-based ice cream company expand its social mission globally.

description: As Ben & Jerry's celebrated its annual Free Cone Day on Tuesday, one of the brand's co-founders was focused on a different sort of freedom. On the corner where his first ice cream shop opened in 1978 – and where the […]

snippets: Magnum prevented Ben & Jerry's from putting out a post supporting Black History Month," Cohen said. "(Ben & Jerry's) wanted to come out with a post calling for a ceasefire in Gaza. Magnum prevented that. We wanted to support the student protesters. Magnum wouldn't allow that.

description: Ben Cohen said Magnum is stifling Ben & Jerry's social activism and he wants to see the brand sold to a group of socially-minded investors.

snippets: Ben and Jerry's co-founder Ben Cohen speaks during an interview about his Free the Cone Day campaign, asking supporters to help restore the company's independence and protect its social mission on Free Cone Day in Burlington, Vt., Tuesday, April 14, 2026. Amanda Swinhart/The Associated Press

snippets: More than 60 people have been killed since September when the U.S. military began attacking boats that the Trump administration alleges were smuggling drugs. The Associated Press interviewed dozens of residents in the Paria Peninsula, in Venezuela's breathtaking northeastern coast from which some of the targeted boats departed.

snippets: Ben and Jerry's co-founder Ben Cohen spoke in Burlington, Vt., on Tuesday, April 14. Amanda Swinhart/Associated Press

description: As Ben & Jerry's celebrated its annual Free Cone Day on Tuesday, one of the brand's co-founders was focused on a different sort of freedom. On the corner where his first ice cream shop opened in 1978 — and where the first Free Cone Day was held a year later — […]

snippets: Tuesday's protest was Cohen's latest action in a years-long campaign to make Ben & Jerry's an independent company again. Here's the scoop on Ben & Jerry's evolution:

description: <p>As Ben & Jerry's celebrated its annual Free Cone Day on Tuesday, one of the brand's co-founders was focused on a different sort of freedom. On the corner where his first ice cream shop opened in 1978, Ben Cohen called on Ben & Jerry's owner The Magnum Ice Cream Co. to sell the brand. Cohen said Magnum is stifling Ben & Jerry's social activism and he wants to see the brand sold to a group of socially-minded investors.

description: Ben Cohen called on owner The Magnum Ice Cream Co. to sell the brand, saying Magnum is stifling Ben & Jerry's social activism.

snippets: The protesters have vowed to continue their campaign to pressure Ben & Jerry's to sever ties with Unilever and remain an independent, mission-driven company. They plan to stage more demonstrations and public awareness efforts in the coming months.

snippets: Ben & Jerry's co-founder wants the company to be independent once more. Here's the scoop. - Yahoo News Canada

snippets: Ben & Jerry's other half, Jerry Greenfield, resigned from the company in September 2025, calling it a "painful" decision after nearly 50 years with the brand and bemoaning in his resignation letter the disappearance of its independence. Cohen is still a paid employee of the company, but said he has no authority or responsibilities.

snippets: Magnum takes over Unilever announced the spinoff of its ice cream business — including Ben & Jerry's — in March 2024. It was part of a larger strategy at Unilever, which wants to focus more on health and wellness products and less on food. Magnum, which became an independent company in July 2025, is one of the world's largest ice cream companies. It also owns brands like Breyers and Cornetto. By DEE-ANN DURBIN and AMANDA SWINHART Associated Press

description: As Ben & Jerry's celebrated its annual Free Cone Day on Tuesday, one of the brand's co-founders was focused on a different sort of…

snippets: On the corner where his first ice cream shop opened in 1978 - and where the first Free Cone Day was held a year later - Ben Cohen called on Ben & Jerry's owner The Magnum Ice Cream Co. to sell the brand. Cohen said Magnum is stifling Ben & Jerry's social activism and he wants to see the brand sold to a group of socially-minded investors.

snippets: Cohen says Ben & Jerry's is now worth between $1.5 billion and $2 billion, and there are investors interested in buying the brand from Magnum, which acquired it in 2000 when Unilever bought the company. However, Magnum has stated that Ben & Jerry's is not for sale. Cohen has been campaigning for years to make Ben & Jerry's independent again, ever since Unilever's acquisition and the subsequent tensions over the brand's social mission.

description: As Ben & Jerry's celebrated its annual Free Cone Day, co-founder Ben Cohen was focused on a different sort of freedom, calling on Ben & Jerry's owner The...

snippets: Ben & Jerry's is a proud and thriving part of The Magnum Ice Cream Company," Magnum said in a statement. "We remain fully committed to the Ben & Jerry's model and its three-part mission — product, economic and social.