Business in the Middle East was impacted by the conflict, leading to a $400 million cut for Accenture, which was reported by Reuters.
2 reports, 2 independent
Updated Jul 7
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What happened
Business in the Middle East was impacted by the conflict, leading to a $400 million cut for Accenture, which was reported by Reuters.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Fed policy outlook and Middle East stability are impacting global market valuations and stock indexes.Also in this story
- KPMG economist Diane Swonk discusses inflation while the FED debates its next move amid Middle East supply issues.
- Fed rate hike expectations are influencing market sentiment, while the Middle East crisis hopes are driving rallies in Asian chip markets like Seoul and Jakarta.
- Geopolitical flare-ups stemming from the Iran conflict are causing market sell-offs and impacting global market stability, specifically affecting Nasdaq.
- Fed signals regarding interest rates are affecting market movement, with Neel Kashkari serving on the committee.
The entities involved
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Accenture
multinational management consulting, technology services and outsourcing company
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Reuters
international news agency
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- The economic fallout from the Middle East conflict includes energy supply disruptions, rising prices, and complications for interest rate setting for businesses.
- The ongoing conflict in the Middle East is causing client hesitancy and budget cuts, impacting major advertising and technology consulting firms like Publicis and Dentsu.
- A company affected by the Middle East conflict announces its final results and annual report.
- Market volatility and rising oil prices are being driven by the ongoing conflict in the Middle East, impacting financial services like Barclays.
- The Middle East conflict is impacting business operations, leading to revenue concerns and strategic acquisitions for consulting firms like Avanade.