Business

Economy and markets, Swiss companies.

Business

2026 World Cup: England and Argentina advance to semi-finals, Klopp-DFB negotiations progress

England and Argentina qualify for the semi-finals of the 2026 World Cup. According to Handelsblatt, England beat Norway 2-1 after extra time and Argentina eliminated Switzerland 3-1, also after extra time. The England victory was marred by controversy over a Bellingham goal that appeared to touch suspended cables, but FIFA rejected Norway's protest. Argentine star Lionel Messi, 39, left the field bleeding after the Switzerland match. According to Kicker, negotiations to recruit Jürgen Klopp as German national team manager have entered a decisive contractual phase.

13 July 2026 at 02:59

Business

Strait of Hormuz: Oil jumps 4% after fourth wave of US-Iran airstrikes

On July 12, 2026, oil prices surged following the fourth US military strike against Iran in a week. WTI crude jumped 4.1% to $74.33 per barrel, while Brent advanced 3.88% to $78.96 per barrel at 21:15 ET, per CNBC and Bloomberg. The escalation followed an attack by Iran's Revolutionary Guard on a container ship in the Strait of Hormuz. Tehran declared the strait closed "until further notice" and struck US military installations in Jordan, Kuwait, Bahrain, and Oman. US Central Command denied the closure, claiming traffic continued unimpeded. European natural gas rose 2.7%.

13 July 2026 at 02:24

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