Outbreak Financial News

By Marcela Ayres

Real impact, not just proximity: That’s the takeaway for oil bulls who expected the Israel-Hamas war to guarantee pricing at $100 per barrel or more, only to realize that even the worst fighting the Middle East has seen in decades cannot give them a free ride unless the crude traffic itself takes a hit.

The advisory applies to lubricating drops and it includes lubricating drops sold by six companies, including eye drops from CVS Health, Target, Rite Aid, and Cardinal Health. The FDA has asked consumers to stop using these products immediately and should avoid purchasing any of the remaining products that remain on pharmacy shelves.

U.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness

Gold rate today: On account of Israel-Hamas war entering 20th day and rising tension in the Middle East fueling geopolitical uncertaities, gold price today extended its rally during morning deals. Gold future contract on Multi Commodity Exchange (MCX) for December expiry opened at ₹60,824 per 10 gm levels and went on to hit intraday high of ₹60,968 per 10 gm levels within few minutes of commodity market's opening bell today. In international market, spot gold price is oscillating around $1,988 per ounce levels.

By Lewis Jackson

A cruise operator that failed to cancel a voyage from Sydney that led to a COVID-19 outbreak has been ruled negligent in an Australian class-action case

Stock market today: Amid gold and silver price rally in domestic and international market due to Israel-Hamas war, jwellery companies are expected to benefit as market is expecting margin benefit on their buffer stock. Kalyan Jewellers shares are one of them.

A cruise liner that went ahead with a voyage that led to a major COVID-19 outbreak was negligent in its duty of care to passengers, the Federal Court has found.

Investing.com — Investors who rushed into oil thinking it could be a hedge to the Israel-Hamas war are beginning to find out that black gold isn’t quite the haven as gold itself is reputed to be.

Oil prices are up and markets are tense after the outbreak of war in Gaza

stock market continue to remain under the grip os bears for fourth straight session during Monday deals. Nifty 50 index opened lower at 19,521 and went on to hit intraday low of 19,404 during Monday deals, losing over 400 points in four straight sessions. BSE Sensex today opened at 65,419 levels and went on to hit intraday low of 65,022 levels, losing over 1400 points in last four sessions.

Households and businesses are unlikely to receive any relief from high electricity prices until July next year, despite a big fall in wholesale power prices in the past 12 months.

Bitcoin (BTC) ATM scams are becoming increasingly prevalent, resulting in unsuspecting users losing substantial sums of money. 

Famed hedge fund manager Dan Loeb has been named as one of the headline acts for next month’s Sohn Hearts & Minds philanthropic investment conference to be held in Sydney.

Gaza as the army bombards the Palestinian enclave. The Egyptian military said the blast had caused «minor injuries» but did not give details. «The IDF (Israeli military) expresses sorrow regarding the incident» near the Kerem Shalom area, an army statement said. «The incident is being investigated and the details are under review,» the statement added. The Egyptian army said Israel had «immediately expressed its regret over the unintentional incident and an investigation is underway». Egyptian media said the Israeli strike would not disrupt the passage of aid to Gaza, citing witnesses. Since Saturday, 37 trucks carrying vital supplies have crossed to Gaza through its Rafah border post with Egypt, which lies around three kilometres (two miles) from Israel. Crossings between Gaza and Israel have been shut since the outbreak of war on October 7. The United Nations has estimated about 100 trucks per day are needed to meet the needs of Gaza, where more than 4,650 people have been killed in Israeli strikes, according to the Hamas government. The bombardment follows attacks by Hamas militants which killed more than 1,400 people in Israel.

By Nidal al-Mughrabi and Aidan Lewis

By Jennifer Rigby

₹167.50 to ₹203 apiece levels after the spread of Israel war, delivering more than 20 per cent return to its shareholders. Fertilisers And Chemicals Travancore or FACT share price has ascended from near ₹510 to ₹710 apiece levels during Israle-Palestine conflict, delivering to the tune of 40 per cent return to its shareholders. Shares of Gujarat Narmada Valley Fertilizers and Chemicals or GNFC share price has shot up from around ₹610 to ₹655 apiece levels.

interest rate hikes and the Israel-Hamas conflict spreading. The S&P 500 and Nasdaq fell more than 1% each. All of the S&P 500 index's 11 sectors ended lower in broad-based selling, with technology and financials among the biggest drags. Israel leveled a northern Gaza district as its conflict with Hamas intensified.

Djalili, who is currently on his tour in UK, cancels a gig called at the Shropshire, because of the security concerns that reated to his remarks regarding the ongoing Israel-Gaza war. This decision was take just before the show. The location gave the excuse that there were «circumstances beyond our control» for the postponement.