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Global Companies See Stock Gains Amid Middle East Tensions and Rising Oil Prices

Companies across various sectors, including Chinese petrochemical and agriculture firms, are experiencing stock price surges and increased profits due to rising oil costs and geopolitical tensions in the Middle East. US firms like CF Industries and Celanese are also identified as beneficiaries, with their stocks climbing significantly.

13 Mar, 00:45 — 14 Mar, 17:08
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SCMPMostly Factual7h ago

Top Chinese entrepreneurs commit to Middle East expansion despite Iran war

Two prominent Chinese business leaders have pledged to double down on outbound investment – including in the Middle East and Latin America – even as geopolitical risks intensify following the outbreak of the US-Israeli war with Iran and Washington’s increasing interventions in the western hemisphere. Li Dongsheng, founder and chairman of Chinese electronics giant TCL, said the recent crisis in the Middle East had only a temporary impact on the company’s operations there and that the overall...

By Ji Siqi

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tvn241h ago

Ceny zbóż reagują na konflikt na Bliskich Wschodzie

Po wcześniejszych spadkach ceny zbóż na światowych giełdach ponownie rosną. Jak wskazują analitycy Credit Agricole, wpływ na to ma napięta sytuacja na Bliskim Wschodzie. Wzrost notowań jest efektem drożejącej ropy, która zwiększa popyt na biopaliwa, a tym samym na zboża wykorzystywane do ich produkcji.

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YahooMostly Factual1d ago

Celanese (CE) Climbs 14.75% on ‘Top Pick’ Rating; to Reap Gains from Middle East Tensions

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inquirerMostly Factualjust now

SRA, DA to shield sugar farmers from effects of Middle East conflict

BACOLOD CITY – The government has launched a measure to safeguard fuel and fertilizer stocks for the sugar industry to shield it from supply shocks during its most resource-intensive harvest window, Sugar Regulatory Administration (SRA) Administrator Pablo Luis Azcona said on Friday. The Department of Agriculture (DA) and SRA are coordinating with other government agencies

By besguerra

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