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Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations

Trading Day: US stocks gain, dollar dips on hopes for Iran war negotiations

By Stephen Culp NEW YORK, April 13 (Reuters) - Wall Street's main indexes rallied to close sharply higher on Monday as hopes for de-escalation in the Middle East helped investors look past the failed U.S.-Iran talks and focus on the start of first-quarter earnings season.
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IMF cuts emerging economies' growth estimate as war darkens outlook

IMF cuts emerging economies' growth estimate as war darkens outlook

By Rodrigo Campos NEW YORK, April 14 (Reuters) - The IMF on Tuesday lowered its 2026 growth forecast for emerging market and developing economies to 3.9% from its view of 4.2% in January, with higher energy and food costs and uncertainty from the war in the Middle East expected to hurt more
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Factbox-Oil tankers transiting Strait of Hormuz since start of Iran war

Factbox-Oil tankers transiting Strait of Hormuz since start of Iran war

By Ruth Chai and Florence Tan April 15 (Reuters) - The U.S. blockade on vessels entering or leaving Iranian ports adds to uncertainty over shipping through the Strait of Hormuz, which has been all-but-shut since the start of the Iran war.
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IMF cuts growth outlook, warns of potential global recession if Iran war worsens

IMF cuts growth outlook, warns of potential global recession if Iran war worsens

By David Lawder WASHINGTON, April 14 (Reuters) - The International Monetary Fund cut its growth outlook on Tuesday due to Iran war-driven energy price spikes and supply disruptions and warned that the global economy would teeter on the brink of recession if the conflict worsens and oil stays above $
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In India, $1 housekeepers spark a consumer, worker frenzy despite safety risks

In India, $1 housekeepers spark a consumer, worker frenzy despite safety risks

By Vibhuti Sharma and Dhwani Pandya MUMBAI, April 14 (Reuters) - At Indian startup Pronto's training hub, women hone their chopping and mopping skills while learning how to send SOS signals if they feel unsafe inside customers' homes.
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Oil prices jump 6% to above $100 a barrel on US blockade of Iran

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

By Scott DiSavino NEW YORK, April 13 (Reuters) - Oil prices jumped about 6% to more than $100 a barrel on Monday after the U.S. military said it will blockade ships leaving Iran's ports nL6N40V09S, while Tehran threatened to retaliate against its Gulf neighbours' ports, raising fears of more energy
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Industry group cuts global steel demand forecast for 2026 due to Iran war

Industry group cuts global steel demand forecast for 2026 due to Iran war

By Eric Onstad LONDON, April 14 (Reuters) - The World Steel Association on Tuesday cut its forecast for global crude steel demand this year, partly due to the Iran war slashing consumption in the Middle East.
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A shipment of Austrian timber and its tortuous new route to Qatar

A shipment of Austrian timber and its tortuous new route to Qatar

By Andrew Mills, Nazih Osseiran and Sarah El Safty DOHA, April 15 (Reuters) - Until the Iran war, shipments of Austrian spruce timber to Qatar, where the wood is used to support concrete and make basic frames on construction sites, were a matter of routine.
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Trading Day: Wall Street jumps on optimism over revived US-Iran talks, focus on earnings

Trading Day: Wall Street jumps on optimism over revived US-Iran talks, focus on earnings

By Stephen Culp NEW YORK, April 14 - Stocks rallied and crude fell on Tuesday as the promise of ongoing talks between the United States and Iran boosted hopes of de-escalation in the Middle East, while corporate earnings took center stage.
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India's inflation quickens to 3.4% in March; Mideast war risks loom

India's inflation quickens to 3.4% in March; Mideast war risks loom

By Shivangi Acharya and Sarita Chaganti Singh NEW DELHI, April 13 (Reuters) - India's retail inflation quickened to 3.40% in March from 3.21% in February on higher food prices, government data showed on Monday, with energy disruptions due to the Middle East conflict posing risks to the key price
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Indian singer Asha Bhosle dies aged 92, ending 'extraordinary' journey

Indian singer Asha Bhosle dies aged 92, ending 'extraordinary' journey

By Ira Dugal and Chandni Shah MUMBAI, April 12 (Reuters) - Indian singer Asha Bhosle, known for her versatile repertoire and high-energy music in countless Bollywood movies, has died at the age of 92 in Mumbai, drawing widespread tributes.
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Legendary Indian Singer Asha Bhosle Passes Away at 92, Leaving a Rich Legacy

Legendary Indian Singer Asha Bhosle Passes Away at 92, Leaving a Rich Legacy

Asha Bhosle, the iconic Indian singer known for her extensive work in Bollywood music, has died at the age of 92 in Mumbai. Her career, which spanned eight decades, was marked by versatility and high-energy performances. Bhosle was renowned for her collaborations with international artists, including British musician Boy George. She received numerous accolades, such as two Grammy nominations and India's prestigious Dadasaheb Phalke award. Her passing has prompted tributes from across the arts world, with Indian Prime Minister Narendra Modi and actor Shah Rukh Khan among those honoring her contributions to music.