Aug 5 : Payment technology company Global Payments cut its annual net revenue and profit forecasts on Wednesday amid economic uncertainty linked to the war in the Middle East. Shares of the company, which are up 14 per cent so far this year, fell about 2.7 per cent in premarket trading following results.

Aug 5 : Payment technology company Global Payments cut its annual net revenue and profit forecasts on Wednesday amid economic uncertainty linked to the war in the Middle East.…

Global Payments cuts its forecast due to decreased travel spending amid Middle East conflicts. Crude oil reaching a new all-time high by September 30 at 3.2% YE.