Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
Although now living in his native Croatia, Ivan still owns the Simunovich Olive Estate and Bracu restaurant.
The Russia/Saudi row is set to impact markets for the rest of the year, commentators say.
Increased local demand could offset future supply chain disruption.
Exporters the most pessimistic off the back of continuing shock waves from Covid-19 disruption.
Shares plummet as the Saudi Arabia/Russia row causes contagion on the markets.
ComCom says HSBC ‘likely’ broke the law.
Customers’ habits are unlikely to go back to normal, consultancy firm says.
Shareholders owning collectively more than 90% have agreed to accept the bid.
Fallout from Saudi Arabia-Russia trade war rattles the world as US trading temporarily suspended.