Accenture guidance cut due to Middle East impacts, discussed on CNBC.
1 report, 1 independent
Updated Jun 19
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What happened
Accenture guidance cut due to Middle East impacts, discussed on CNBC.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Economic consequences of Middle East instability are being felt, including buoyed oil costs, inflation concerns, and peace deals allowing traffic through the Hormuz chokepoint.Also in this story
- Moody's Analytics reports on India's economic outlook, noting that the Middle East conflict affects India's economic resilience.
- Energy costs are surging due to crisis, while nuclear program details remain unresolved, impacting global financial markets.
- An oil crisis has been triggered by the ongoing conflict in the Middle East, leading to the formalization of permanent oil purchases from Russia.
- Geopolitical instability in the Middle East is causing market sentiment shifts, with Kevin O'Leary noting that tech companies are benefiting from power demands.
The entities involved
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Accenture
multinational management consulting, technology services and outsourcing company
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran