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Whirlpool shares tumbled Thursday after the iconic appliance maker warned that the war in Iran triggered a severe downturn, underscoring how sharply higher fuel prices and collapsing consumer confidence are beginning to weigh on big-ticket purchases. “War in Iran resulted in recession-level industry decline in the U.S. as consumer confidence collapsed in late February and…
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Benchmark equity indices ended marginally lower on Thursday after a highly volatile session, as continued foreign fund outflows and geopolitical uncertainties kept investors cautious, PTI reported.The 30-share BSE Sensex declined 114 points, or 0.15 per cent, to settle at 77,844.52. During the day, the benchmark swung 671.49 points between a high of 78,384.70 and a…
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NEW DELHI: Tamilaga Vettri Kazhagam (TVK) is reportedly in talks with a section of All India Anna Dravida Munnetra Kazhagam (AIADMK) MLAs over a possible power-sharing arrangement as the political battle over government formation in Tamil Nadu intensified on Thursday. The development comes as 28 AIADMK legislators were shifted to a private resort in Puducherry.The…
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This is an excerpt from CoinDesk newsletter ‘Daybook.’ Sign up here, if you haven’t already. Bitcoin BTC$80,876.22 has pulled back below $81,000 after narrowly missing a test of the closely watched 200-day simple moving average (SMA), currently located near $83,300, on Wednesday. The broader crypto market is also trading in the red, with the CoinDesk…
