Geopolitical conflict and regional instability in West Asia and the Middle East are impacting business operations and revenue targets for companies like Accenture.
3 reports, 2 independent
Updated Jul 28
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New informationRepeats or wire copies
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What happened
Geopolitical conflict and regional instability in West Asia and the Middle East are impacting business operations and revenue targets for companies like Accenture.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The government, led by the PM, is convening cabinet meetings to address national security issues and ensure supply chain resilience amid the conflict.Sub-event
- Companies are under scrutiny regarding their quarterly earnings reports amid the ongoing US-Iran conflict dominating market sentiment in the Middle East and West Asia.Sub-event
- Mastek is facing operational challenges due to geopolitical uncertainties in the Middle East.Sub-event
- The Middle East crisis is currently under observation regarding its impact on business operations in West Asia.Sub-event
- Landis Hotels & Resorts Corp in Taiwan is balancing local economic performance against geopolitical risks and the wider situation in the Middle East.Sub-event
- Market caution is observed among companies like EYDAP and OTE ahead of potential U.S.-Iran agreement developments.Sub-event
- Accenture's guidance cut reflects broader sector worries and direct revenue hits from conflict in the Middle East.Sub-event
- Julie Sweet commented on revenue impact from external disruptions caused by the Middle East conflict.Sub-event
Show 3 earlier steps
- Middle East conflict weakens UK growth outlook.Sub-event
- Financial institutions noted weak demand and revenue headwinds for Accenture due to West Asia conflict disruptions.Sub-event
Business operations are being impacted by geopolitical conflict in West Asia.1 source
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The entities involved
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West Asia
western region of Asia
- A high-level review on pollution was held in Delhi after the West Asia situation caused a bitumen supply disruption, affecting operational bodies like the DJB and Metro Corporation.
- India successfully steered BRICS towards a joint declaration regarding energy security, amidst geopolitical turmoil in West Asia and leveraging ties with Oman.
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran
Related events
- Conflict in West Asia is causing disruptions to global supply chains and trade cycles, leading to assessments of the economic impact.
- Marriott International is affected by the regional conflict impacting business performance in the Middle East.
- Geopolitical conflicts are causing supply chain disruptions involving Eastern Europe and the Middle East.
- Geopolitical conflict is impacting supply chain costs for Restoration Hardware during its international expansion phase.
- The Middle East conflict is impacting business operations, leading to revenue concerns and strategic acquisitions for consulting firms like Avanade.
Coverage
Newest first; wire copies grouped- moneycontrol.comL&T Q1 results: Net profit rises 14% to Rs 4,123 crore, revenue up 7%- Moneycontrol.com
- thehindu.com
- moneycontrol.com