Iran attacked and set on fire a massive Kuwaiti oil tanker off Dubai overnight, as Gulf states increasingly suffer the fallout from the war. (Image credit: Majid Saeedi)
Iran attacked and set on fire a massive Kuwaiti oil tanker off Dubai overnight, as Gulf states increasingly suffer the fallout from the war. (Image credit: Majid Saeedi)
Exclusive: Reform UK will be ‘steering well clear’ of CPAC event in July, says a source, as will senior Tories Nigel Farage will snub a major conference of US conservatives that is being brought to the UK by Liz Truss. The short-lived former prime minister, who was accused of crashing the economy, was chosen by the Conservative Political Action Conference (CPAC) to lead a version of the event in t...
Exclusive: Reform UK will be ‘steering well clear’ of CPAC event in July, says a source, as will senior Tories Nigel Farage will snub a major conference of US conservatives that is being brought to the UK by Liz Truss. The short-lived former prime minister, who was accused of crashing the economy, was chosen by the Conservative Political Action Conference (CPAC) to lead a version of the event in the UK in July. Continue reading...
European Central Bank Governing Council member Boris Vujcic said the increase in inflation expectations since the Iran war broke out isn’t a surprise. “This is what we have expected, what we have said — that inflation is certainly going to rise in connection to events in Iran,” the Croatian official told reporters Tuesday in Zagreb. “The longer the war continues and the greater the damage to energ...
European Central Bank Governing Council member Boris Vujcic said the increase in inflation expectations since the Iran war broke out isn’t a surprise. “This is what we have expected, what we have said — that inflation is certainly going to rise in connection to events in Iran,” the Croatian official told reporters Tuesday in Zagreb. “The longer the war continues and the greater the damage to energy infrastructure, the more we can expect pressure on energy prices, which then translates into higher inflation,” he said. ECB officials are scrutinizing the price outlooks of consumers, firms and investors as they determine how to react to soaring energy costs, which triggered the steepest jump in euro-area inflation since 2022 in March. While some policymakers reckon it may be necessary to hike interest rates next month, Vujcic refused to be drawn. “Nothing is certain, there will be a lot of data and news by the time of our meeting in April,” he said. ECB’s Muller Says Probable Rates Will Rise in Coming Quarters Panetta Says ECB Must Avoid Wage-Price Spiral Spurred by War Euro-Zone Inflation Jumps Most Since 2022 on Energy Costs
T1 Energy press release ( TE ): Q4 GAAP EPS of -$0.70 misses by $0.69 . Revenue of $358.55M (vs. $2.94M Y/Y) misses by $9.65M . As of December 31, 2025, T1 had cash, cash equivalents, and restricted cash of $270.8 million, of which $182.5 million was unrestricted cash. 2026 – 2027 Business Outlook Maintaining 2026 production and sales guidance of 3.1 – 4.2 GW. T1 is sourcing cells during the 2026 ...
T1 Energy press release ( TE ): Q4 GAAP EPS of -$0.70 misses by $0.69 . Revenue of $358.55M (vs. $2.94M Y/Y) misses by $9.65M . As of December 31, 2025, T1 had cash, cash equivalents, and restricted cash of $270.8 million, of which $182.5 million was unrestricted cash. 2026 – 2027 Business Outlook Maintaining 2026 production and sales guidance of 3.1 – 4.2 GW. T1 is sourcing cells during the 2026 bridge year to the expected start of G2_Austin production through international suppliers who have certified their non-FEOC status. In total, T1 plans to produce between 3.1 – 4.2 of modules at G1_Dallas in 2026 using cells sourced from an expanding global vendor network. As the Company continues to engage and qualify new suppliers to G1, T1 is increasingly confident in its ability to procure cells closer to the high-end of this targeted range. More on T1 Energy T1 Energy: U.S. Solar Manufacturing With FEOC Overhang T1 Energy: Ascent Of Solar Made In America Could Face Icarus Moment (Upgrade) T1 Energy Q4 2025 Earnings Preview Quant snapshot: J. Jill, AngioDynamics leads strong buys as INmune Bio, Terrestrial Energy lag Seeking Alpha’s Quant Rating on T1 Energy
Dirk von Mallinckrodt/iStock via Getty Images By Charlotte de Montpellier, Senior Economist, France and Switzerland Inflation rebounds As anticipated, consumer prices rebounded in France in March, rising by 1.7% year-on-year after 0.9% in February. The harmonised index, closely watched by the ECB, stood at 1.9%, compared with 1.1% the previous month. This renewed increase in inflation is unsurpris...
Dirk von Mallinckrodt/iStock via Getty Images By Charlotte de Montpellier, Senior Economist, France and Switzerland Inflation rebounds As anticipated, consumer prices rebounded in France in March, rising by 1.7% year-on-year after 0.9% in February. The harmonised index, closely watched by the ECB, stood at 1.9%, compared with 1.1% the previous month. This renewed increase in inflation is unsurprisingly linked to the situation in the Middle East. In the wake of higher oil prices, energy inflation jumped to 7.3% YoY, after a decline of 2.9% in February. The increase in gas prices is not yet reflected in consumer prices due to the structure of gas contracts. Excluding energy, French inflation remains contained. Food price inflation slowed to 1.8% YoY from 2% the previous month. Prices of manufactured goods continue to decline, falling by 0.6% after a 0.2% decline in February. Services inflation edged up slightly to 1.7%, from 1.6% the previous month. Overall, the conflict in the Middle East represents a major shock to the global economy and, by extension, to the French economy. The exact magnitude of the shock remains uncertain and will depend on the duration and intensity of the conflict. But one thing is clear: each passing day increases the risks to both growth and inflation. The figures published today confirm that a first inflationary wave is already underway. After fuel prices, second-round effects via transport costs and certain industrial goods should not be long in coming. The key question now is whether this will remain a temporary shock or mark the beginning of broader-based inflation, with de-anchoring of inflation expectations and stronger wage demands. The risk of an inflationary wave is limited in France The risk of an inflationary spiral nevertheless remains more limited in France than in the rest of the euro area. The starting point for inflation is lower than in most other European countries. The French economy is characterised by a large share of adm...