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Business

Apple Signals Price Hikes Amid Soaring AI Chip Costs

The move, confirmed by outgoing CEO Tim Cook, highlights the increasing cost pressures on tech giants as the global scramble for advanced AI silicon intensifies.

21 June 2026

Bank of England Holds Rates as Middle East Turmoil Fuels Energy Price Fears

The Bank of England has maintained its key interest rate at 5.25%, surprising some market watchers and underscoring concerns over stubbornly high energy costs driven by Middle East upheaval.

21 June 2026

Iran Peace Deal Signals Global Economic Shift, Fuel Prices Dip

A newly announced peace deal with Iran marks an end to hostilities, immediately impacting global energy markets with a notable drop in fuel and gas prices.

20 June 2026

Dollar falls to six-month low against yen

Weaker dollar rattles currency markets.

18 June 2026