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Shorouk Express – Global News, Geopolitics & Economic Analysis

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  • Gaza: The United Arab Emirates Continues Major Humanitarian Efforts Amid Regional Chaos
  • Health Officials Race to Track Hantavirus Cruise Ship Outbreak but Predict ‘Limited’ Spread
  • Book Review: ‘From Life Itself,’ by Suzy Hansen
  • Men's boxing pound-for-pound rankings: New No. 1; …
Shorouk Express – Global News, Geopolitics & Economic Analysis

Shorouk Express – Global News, Geopolitics & Economic Analysis

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  • Gaza: The United Arab Emirates Continues Major Humanitarian Efforts Amid Regional Chaos

    6 days ago
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Economy

  • Finance

Ryanair’s O’Leary warns European airlines could fail if jet fuel price doesn't fall

The Editorial Team2 weeks ago02 mins

European airlines will fail if the price of jet fuel remains elevated over the summer, the CEO of budget airline Ryanair warned. Speaking to CNBC on Thursday, CEO Michael O’Leary said that his airline was protected because it had hedged 80% of its fuel but predicted “real failures” for other airlines if the price of…

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  • Business

UPS beats Wall Street estimates on top and bottom lines

The Editorial Team2 weeks ago02 mins

A UPS driver sits in his truck on April 15, 2026 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty Images United Parcel Service on Tuesday posted first-quarter earnings results that beat on the top and bottom lines. Shares of the delivery giant sank roughly 5% in…

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BofA raises Erasca stock price target to $9 on trial data
  • Finance

BofA raises Erasca stock price target to $9 on trial data

The Editorial Team2 weeks ago03 mins

Investing.com – BofA Securities raised its price target on Erasca Inc (NASDAQ:ERAS) to $9.00 from $2.00 while maintaining an Underperform rating on the stock. The stock currently trades at $19.15, well above BofA’s new target, and InvestingPro analysis suggests the shares are overvalued relative to Fair Value estimates. Despite this, the stock has delivered a…

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  • Business

Transition to a New Fed Chair Is Unlikely to Mean Immediate Rate Cuts

The Editorial Team2 weeks ago06 mins

This week’s Federal Reserve meeting is set to be Jerome H. Powell’s last as chair of the central bank. But the “wait and see” policy path that he carefully carved out amid resurgent inflation risks is likely to stay intact long after he leaves the top job. On Wednesday morning, President Trump’s handpicked successor, Kevin…

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  • Economy

Graduates Reset Ambitions in Pursuit of First Jobs

The Editorial Team2 weeks ago06 mins

Sadie Parker was fretting about finding a job. Many people she knew were having trouble landing work. She had wanted to join the Foreign Service, but she was worried that federal spending cuts could limit her options. She was petrified that artificial intelligence would wipe out other entry-level jobs. “I was extremely anxious,” said Ms….

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  • Finance

European markets to open higher as Trump considers Iran peace proposal

The Editorial Team2 weeks ago02 mins

LONDON — European stocks are expected to open higher on Tuesday as investors await Washington’s response to Iranian peace proposals and look ahead to earnings reports from several regional companies. The U.K.’s FTSE 100 index is seen opening a touch higher, with Germany’s DAX up 0.23%, France’s CAC 40 up 0.34% and Italy’s FTSE MIB 0.3%…

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  • Business

General Motors is set to report earnings before the bell. Here's what Wall Street expects

The Editorial Team2 weeks ago02 mins

The General Motors global headquarters at Hudson’s Detroit in Detroit, Michigan, US, on Monday, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT – General Motors is set to report its first-quarter earnings before the bell Tuesday. Here’s what Wall Street is expecting, based on a survey of analysts by LSEG: Earnings per…

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Motorsport games: Mike Zoi sells $3.7m in class a stock
  • Finance

Motorsport games: Mike Zoi sells $3.7m in class a stock

The Editorial Team2 weeks ago02 mins

Mike Zoi, a significant shareholder in , disposed of a substantial amount of Class A common stock on April 23, 2026, according to a recent SEC filing. The transaction involved the sale of 904,395 shares at a price of $4.11 per share, totaling approximately $3,717,063. This sale was conducted as a privately-negotiated off-market transaction, pursuant…

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  • Business

C.E.O.s Lean In on ‘Resilience’ to Manage Global Turmoil

The Editorial Team2 weeks ago07 mins

One word keeps cropping up, in boardrooms and on earnings calls, as chief executives describe how they are handling crisis after crisis: resilience. Corporate leaders have dealt with myriad challenges over the past six years. Covid shutdowns and port strikes upended supply chains, and wars in Ukraine and Iran pushed up energy prices. Ever-shifting tariff…

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  • Finance

Micron and Sandisk continue rally as demand for memory expected to persist

The Editorial Team2 weeks ago04 mins

The Micron Memory Japan K.K. booth at the Semicon Japan exhibition in Tokyo, Dec. 18, 2025. Kiyoshi Ota | Bloomberg | Getty Images Shares of memory companies Micron and Sandisk jumped on Monday, continuing their extended runs, after Melius Research said demand could remain high through the end of the decade. Memory companies are experiencing…

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