Saturday 28 March 2026 - 09:29
Saturday 28 March 2026 - 09:00
Micron Technology shares plunged more than 20% over six straight sessions, entering bear market territory. Investors fear Google's new AI memory compression algorithm could weaken demand for chips fueling the artificial intelligence surge. The stock fell 7% Thursday to close at $355.46, down 23% from recent highs and posting the worst......
Nearly a month after US and Israeli strikes ignited the US-Iran conflict on February 28, fund managers scramble to reshape portfolios. Persistent volatility and surging oil prices upend standard investment approaches. Investors rush to cash and safe havens. One Australian small-cap fund boosted its cash holdings to almost 40%, far above the......
India has approved a major defense acquisition plan that includes the purchase of new air defense missile systems from Russia, signaling a continued strategic partnership between the two countries despite mounting geopolitical pressure. According to official sources, the Indian Ministry of Defense authorized a broad procurement package valued......
The United States has taken new steps to ease certain sanctions on Venezuela, aiming to encourage foreign investment in the country’s vast mineral resources, particularly gold. The decision reflects a broader shift in Washington’s policy toward reopening key sectors of the Venezuelan economy. According to the U.S. Treasury Department,......
Rescue teams in Iran search for survivors under collapsed buildings in Tehran, Qom and Urmia after overnight US-Israeli strikes targeted residential zones. Qom reports at least 18 deaths, per the city's deputy governor cited by CNN. The attacks mark the latest in a nearly month-long campaign that has ravaged civilian infrastructure and......
The USD/JPY pair traded just below the key 160.00 level Friday. Japanese Finance Minister Satsuki Katayama issued her strongest intervention warning yet against the yen's persistent slide, driven by soaring oil prices and Middle East tensions. Katayama told reporters Friday that authorities must respond firmly, including bold measures.......
The war in Iran has upended energy markets and exposed vulnerabilities in fossil fuel supply chains. Consumers and governments now show sharp interest in clean energy technologies, from electric vehicles and rooftop solar panels to heat pumps and induction stoves. Fighting has nearly halted oil exports through the Strait of Hormuz, the narrow......
The European Central Bank faces classic stagflation pressures from the Iran war: surging energy prices pair with stagnant growth, forcing rate hike considerations officials hoped to avoid. ECB President Christine Lagarde told The Economist in a Thursday interview that conflict-linked energy disruptions may endure for years. She called quick......
European stocks edged lower Friday as investors weighed the economic fallout from the ongoing Middle East war. Disruptions to energy flows through the Strait of Hormuz stoke inflation fears across the continent. The STOXX 600 fell 0.2 percent to 579.71 points. Mid-cap stocks led losses with a 1.4 percent drop. The decline capped a turbulent......
Macquarie Group analysts warn oil prices could reach a record $200 per barrel if the US-Iran war drags to June with the Strait of Hormuz effectively closed. The Australian investment bank sees a 40 percent chance of prolonged conflict versus 60 percent odds of ending by late March, per a Bloomberg-cited note. Brent crude surged Thursday then......
Asia-Pacific governments have launched urgent fiscal programs, fuel subsidies and liquidity injections to steady markets rocked by the Middle East war. The conflict pitting the United States and Israel against Iran disrupts energy supplies and undermines economic confidence across the region. A Reuters summary published Friday lists growing......
Airlines worldwide are increasing ticket prices, adding fuel surcharges, and reducing routes as jet fuel costs have nearly doubled since the outbreak of war involving Iran on February 28. Industry analysts describe the situation as the most severe disruption since the COVID-19 pandemic. Jet fuel prices have climbed from about $85 to $90 per......
Hezbollah fired over 600 rockets, drones and mortar rounds at Israeli forces and northern Israel in a 24-hour period ending Thursday, roughly double the group's prior peak of around 300 aerial threats during the 2023-2024 conflict. IDF sources confirmed to The Jerusalem Post that this barrage exceeded the daily average of about 100 attacks......
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GITEX Africa: The New Frontiers Of African Innovation
Yesterday 13:04
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Les Impériales Week 2026: Under the Theme “Daba or Never”
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Iran under the lens
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AFCON 2025: Morocco at the heart of African football
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Walaw at the Heart of the Mawazine Festival – Rhythms of the World 2025
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