Breaking 23:50 Amazon to drastically reduce packages sent via U.S. Postal Service 22:20 US aircraft carrier Ford to make temporary port call after onboard fire 22:00 Lululemon forecasts lower revenue and profit amid board turmoil and competition 21:20 US regulator releases long-awaited guidance on cryptocurrency classification 21:00 Cubans call for dialogue with the United States amid rising tensions 20:00 Nvidia sees over $1 trillion opportunity for Blackwell and Rubin AI chips by 2027 19:40 US says Iran conflict not delaying weapons shipments to Taiwan 15:20 Webb telescope detects thickest atmospheric haze ever seen on exoplanet 14:50 Neste shares gain as banks raise targets on fuel price surge 14:20 UAE briefly closes airspace as Iran Israel strikes escalate across region 14:17 Trump vows to “take” Cuba as island reels from oil embargo 14:03 Republicans enact new maps in four states amid redistricting push 13:50 Oil prices rebound above $100 as Hormuz concerns persist 13:45 Hiroshima survivor Shigeaki Mori dies at 88 13:20 Solana climbs above $90 as ETF inflows and short squeeze drive rally 12:50 Nvidia DLSS 5 reveal sparks backlash over AI generated visuals 12:39 Dell launches first desktop powered by Nvidia GB300 AI superchip 12:00 Hyundai recalls 68,500 vehicles after fatal incident linked to power seats 11:50 Jessie Buckley becomes first Irish actress to win best actress Oscar 11:20 Kpop Demon Hunters wins two Oscars in milestone night for K-pop 10:50 Nvidia unveils DLSS 5 and space AI chip at GTC 2026 09:50 Zambia rejects US aid deal tying health funding to mining access 09:20 Asset managers dump $36 billion in S&P 500 futures amid Iran war shock 08:50 Yen weakens near 160 as markets await Fed and BoJ decisions

BlackRock CEO says Iran conflict could lower energy prices long term

BlackRock chief executive Larry Fink said a military conflict with Iran could ultimately reduce global energy prices over the long term, offering a view that contrasts with the current surge in oil markets. Speaking Wednesday at BlackRock’s US Infrastructure Summit in Washington, Fink argued that a broader opening of Iran’s energy......

Musk unveils Macrohard AI system built jointly by Tesla and xAI

Elon Musk announced that Tesla and his artificial intelligence company xAI have joined forces to develop a new AI system called Macrohard, also referred to as Digital Optimus. The system is designed to operate computers autonomously and perform office tasks in real time. Musk revealed the project on March 11 in a post on X, describing it......

Iran threatens to block oil flows through strategic Strait of Hormuz

Global oil markets surged into sharp volatility after Iran warned it could halt all oil shipments passing through the Strait of Hormuz, a key maritime corridor that carries about 20 percent of the world’s crude supply. Crude prices briefly climbed above 100 dollars per barrel this week for the first time since Russia’s invasion......

Nintendo shares surge as Pokémon Pokopia becomes global gaming hit

Nintendo shares jumped as much as 10.5 percent on Tuesday, marking the company’s largest daily gain since April 2025, after the unexpected success of the new game Pokémon Pokopia boosted investor confidence and eased concerns about rising memory chip costs. Pokémon Pokopia, a life simulation title inspired by the gameplay......

OPEC keeps oil demand forecast despite supply shocks from Iran war

OPEC has maintained its global oil demand projections even as supply disruptions linked to the war involving Iran shake energy markets. The organization confirmed that Saudi Arabia led a significant increase in production in February, raising output by 250,000 barrels per day in what appears to have been a precautionary move ahead of military......

Citi evacuates Dubai offices following Iranian threats against U.S. banks

American banking giant Citi has evacuated its offices in Dubai, United Arab Emirates, following threats from Iran targeting U.S. and Israeli economic centers in the Gulf region. According to a banking source, employees were instructed to leave Citi’s offices located in Dubai International Financial Centre (DIFC) and the Oud Metha district......

Iran missile campaign across Gulf enters second week of escalating conflict

Twelve days after the outbreak of a widening conflict involving the United States, Israel and Iran, the Gulf region continues to face sustained waves of Iranian missile and drone attacks that have struck every member of the Gulf Cooperation Council, caused civilian casualties and killed U.S. personnel, while triggering one of the most severe......

G7 Countries release strategic oil reserves ahead of leaders’ meeting

Several G7 nations have announced the release of strategic oil reserves in response to rising energy prices, ahead of a scheduled leaders’ meeting. Japan and Germany took the initiative to ease market pressures caused by the ongoing Middle East conflict, signaling coordinated action among the world’s largest economies. Japanese......

Shell and TotalEnergies declare force majeure on Qatari LNG supply contracts

Shell, TotalEnergies, and several companies in Asia have declared force majeure on downstream contracts linked to Qatari liquefied natural gas deliveries, according to a Reuters report citing sources familiar with the matter. The move follows Qatar’s own force majeure declaration earlier in March after disruptions triggered by attacks......

European gas prices fall sharply as Trump signals Iran war may end soon

European natural gas prices dropped sharply after a surge triggered by the conflict involving the United States, Israel, and Iran, as traders reacted to comments from U.S. President Donald Trump suggesting the war could end in the near future. The benchmark Dutch TTF gas price, the main reference for European gas markets, had nearly doubled......

ISS deorbit scheduled to begin in 2028 before planned 2030 ocean descent

The International Space Station will begin a gradual descent from orbit in 2028 before making a controlled plunge into the ocean in 2030, according to Roscosmos chief Dmitry Bakanov. The timeline confirms plans long discussed between Russia and NASA as the two agencies prepare to retire the aging orbital laboratory after nearly three decades......

Meta acquires Moltbook, a social network built for AI agents

Meta has acquired Moltbook, an experimental social network designed for artificial intelligence agents, bringing its founders into the company’s AI research division. The deal, first reported by Axios, will see Moltbook cofounders Matt Schlicht and Ben Parr join Meta Superintelligence Labs, the unit led by former Scale AI chief executive......

Oil rebounds above $89 after historic $38 swing amid Iran war turmoil

Global oil markets have experienced extreme volatility this week, with crude prices swinging by tens of dollars within hours as traders struggled to interpret conflicting signals from Washington about the United States conflict with Iran and the security of the Strait of Hormuz. Brent crude futures surged to nearly $120 per barrel when markets......

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