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Bloomberg

Ghattas: Iran & Allies Don't Need Much to Cause Chaos

Iran's new supreme leader said the Strait of Hormuz should remain shut. Mojtaba Khamenei also said they will look to open other fronts in the war if the US and Israel persist with their attacks during his first public comments since succeeding his father. Kim Ghattas, author of Black Wave spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche on who comes out victorious in this war.

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Bloomberg

Spinneys CEO: Transport Costs Not Passed to Consumers

Transportation costs are slightly higher for UAE food supply but it isn't being passed on to the consumers. That's according to Spinneys CEO Sunil Kumar who spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche & pointed out that stockpiling which they saw in the beginning of the conflict from customers has now died down.

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Bloomberg

Risk Premia Have to 'Go Up Further,' BofA's Raedler Says

Sebastian Raedler, head of European equity strategy at Bank of America, says risk premia at a 20-year low are "not appropriate" given geopolitical tensions, a weak US labor market and pressures in the credit space. Should risk premia go up further, banks, semiconductors and miners will come "under more pressure on the benchmark." He speaks on Bloomberg Television.

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Bloomberg

India's Restaurant Industry Running on Fumes

India's massive restaurant industry, which feeds and employs millions, faces severe disruption as gas shortages halt commercial supplies and force outlets to scale back their menus or shut. With most kitchens dependent on LPG cylinders, the crisis threatens small businesses and jobs. Zorawar Kalra, Vice President of the National Restaurant Association of India, discusses the fallout with Haslinda Amin and Menaka Doshi on Insight with Haslinda Amin.

Leia mais: India's Restaurant Industry Running on Fumes