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Global stocks diverge, oil prices tumble as Iran fears ease
Global stocks diverged and oil prices tumbled on Monday as markets were relieved that Israel’s strikes on Iran had avoided the country’s energy infrastructure.Israel avoided Iran’s oil and nuclear facilities in its air strikes on the country on Saturday, easing investor fears about the extent of Israel’s retaliation to Tehran’s October 1 missile barrage.Iran has …
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Oil prices tumble as Iran fears ease, yen weakens after Japan polls
Oil prices tumbled Monday with markets relieved that Israel’s strikes on Iran had avoided the country’s energy infrastructure while the yen fell to a three-month low after Japan’s ruling party suffered an election drubbing.Israel carried out air strikes on military sites in Iran on Saturday in response to Tehran’s October 1 missile barrage, itself retaliation …
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Major Indian solar panel maker dazzles in market debut
India’s top solar module producer Waaree Energies shone on its market debut Monday after raising $514 million, as traders bet on increased global demand for clean energy components.A booming stock market in the world’s fifth-largest economy has stoked an initial public offering frenzy over the last two years, with start-ups and companies scooping up billions …
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