Daily Recap

Tuesday, 19 May 2026

Business news today sits at the intersection of geopolitics, technology and consumer strain. Markets across Asia were mixed after President Trump paused a planned strike on Iran, raising hopes for a diplomatic breakthrough and helping oil prices ease, though investors remained cautious about what comes next. That same energy uncertainty is already showing up in the real economy: in Britain, unemployment edged higher and job vacancies fell, with analysts pointing to the first labour-market effects of conflict-driven energy costs. In the tech sector, Analog Devices is reportedly close to a $1.5 billion cash deal for Empower Semiconductor, a move aimed at strengthening its role in powering AI data-center hardware. Elsewhere, India’s regulators are set to monitor Boeing fuel-switch testing tied to an Air India safety investigation, while in Delhi-NCR, taxi and auto drivers plan a three-day strike over fares that have failed to keep pace with years of rising costs.

Recap for Tuesday, 19 May 2026

Photos from today's Business coverage
19 May Top Stories

Start typing to search stories...