by Bloomberg.com | Apr 1, 2026 | AlphaTack Intel
Emirates Global Aluminium, the Middle East’s top producer of the metal, halted operations at its Al Taweelah smelter after the site was struck by Iranian missiles and drones over the weekend, according to a person familiar with the matter. The smelter on the outskirts...
by Bloomberg.com | Apr 1, 2026 | AlphaTack Intel
London’s unsettled family office economy has drawn rising investment from wealthy Middle Eastern families in the past 18 months, providing a boost as other rich investors pull back. Firms managing multi-billion-dollar fortunes from the United Arab Emirates to Saudi...
by Bloomberg.com | Apr 1, 2026 | AlphaTack Intel
Nike Inc. shares tumbled after the retailer gave a surprisingly gloomy outlook for the year ahead, complicating Chief Executive Officer Elliott Hill’s efforts to turn around the business. Revenue is expected to decline 2% to 4% in the current quarter and will be down...
by Bloomberg.com | Apr 1, 2026 | AlphaTack Intel
Deirdre Dunn has been reading up about fertilizer markets. Since the US attacks on Iran began roiling oil markets, the Citigroup Inc. rates-trading chief has been looking to other commodities to monitor the knock-on effects of the military action on inflation and how...
by CNN | Apr 1, 2026 | AlphaTack Intel
The world economy is being held hostage by the de facto closure of the Strait of Hormuz. Gasoline, jet fuel and diesel prices have skyrocketed. Stock markets have tumbled, and recession odds have climbed. After weeks of trying and failing to reopen the critical...
by Bloomberg.com | Apr 1, 2026 | AlphaTack Intel
Emirates Global Aluminium has moved to sell large volumes of alumina — the key raw material needed to make aluminum — following a strike on a smelter it runs on the outskirts of Abu Dhabi, according to people familiar with the matter. EGA this week offered to sell...
