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Larry Fink, CEO of BlackRock, warns that oil prices hitting $150 per barrel would trigger a global recession, while also discussing AI investment and energy security concerns amid Middle East conflicts.
Mortgage rates are rising rapidly following geopolitical tensions, with first-time buyer deals particularly affected. Over 200 low-deposit mortgage products have been withdrawn since early March, making homeownership increasingly expensive for new buyers.
Market data shows unusual trading activity occurred just 15 minutes before President Trump announced postponement of strikes against Iranian energy infrastructure, raising questions about potential insider trading.
Elbit Systems, Israel's largest weapons manufacturer, has seen rapid growth as wars intensify across Iran, Palestine, and Lebanon. The company benefits from ongoing conflicts while maintaining links to policy-making, prompting activist efforts to force its shutdown.
UK mortgage rates are surging and continuing to rise rapidly, with over 200 low-deposit deals withdrawn from the market in recent weeks as geopolitical tensions impact financial markets and rate expectations.
The UK's Competition and Markets Authority has ordered vets to publish price lists for services and capped written prescription fees at £21, following an investigation that found vet prices rising at nearly twice the rate of inflation.
Postal workers across the UK have told the BBC they are instructed by managers to hide mail or take it "for a ride" to make it appear delivery targets are being met, while Royal Mail faces scrutiny over widespread mail delays affecting millions of people.
French food giant Danone has acquired British meal supplement maker Huel for a reported €1 billion, expanding its portfolio in the growing complete nutrition market.