China's Car Sales Slump As Gasoline Demand Craters

The US Embassy in Baghdad on Saturday told all US citizens to leave Iraq due to drone and missile attacks launched by Iran and its Iraqi allies, which continue to target US assets across the country, as the US-Israeli war against Iran expands across the region. “Iran-aligned terrorist militias have encouraged and conducted indiscriminate attacks […]

O-I Glass Plunges As Gulf Energy Shock Hits Earnings Outlook Glass bottle and jar company O-I Glass plunged the most in premarket trading in more than six years after it slashed its full-year adjusted EPS outlook, blaming higher energy costs tied to the Gulf-related energy shock. The major glass-container manufacturer, producing bottles and jars for the beer, wine, spirits, beverage, and food-packaging markets, now expects adjusted EPS of $1.00 to $1.50, down sharply from its prior forecast of $1.65 to $1.90 and well below the $1.67 Bloomberg Consensus estimate.  Slide 8 detailed...

Inside Iran's Internet Access Black Market Amid 3-Week Wartime Blackout Via Middle East Eye Since the start of the US-Israeli war on Iran, Iranian authorities have sharply restricted access to the internet. According to NetBlocks, a group that monitors internet access worldwide, Iran has experienced a near-total blackout for 20 consecutive days. Connectivity has dropped to less than one percent. For those trying to access the internet, options are limited. Some rely on Starlink, which is not widely used. The equipment is expensive and difficult to import. Iranians also believe is easier for the authorities to detect. Others...