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Arnault warns Middle East war could spiral into ‘global catastrophe’
LVMH’s billionaire boss says luxury group’s recovery hinges on the conflict being resolved quickly
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ft.com
Iran war spurs global demand for defence equipment, says Thales
French group expects Middle East conflict to boost orders, from rockets to air surveillance systems
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Sainsbury’s and WHSmith warn Middle East war will hit profits
Retailers flag weak outlook as consumers rein in spending
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Eurozone faces ‘deepening economic woes’ from Middle East conflict, survey suggests
Closely watched Purchasing Managers’ index points to first contraction in 16 months in private sector activity
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cnbc.com
LVMH CEO Arnault warns of 'world catastrophe' if Middle East conflict is not resolved
Arnault warned of "very serious" economic consequences of the Iran war after the conflict hit the luxury conglomerates first-quarter sales last week.
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Arnault warns Middle East war could spiral into ‘global catastrophe’
LVMH’s billionaire boss says luxury group’s recovery hinges on the conflict being resolved quickly
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London’s luxury hoteliers lose sleep over fall in Middle East visitors
Expensive rooms go unsold as Iran conflict disrupts Gulf travel and dents demand from big-spending guests
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In charts: How the Iran war put billions of Gulf-backed dealmaking in doubt
Region’s sovereign wealth funds review their portfolios as Middle East war heightens economic strain