South Korea halts trading as Asian markets tumble over Iran war fears

Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily halted trading. Other major regional benchmarks......

Erbil hit by more than 70 drone and missile attacks amid regional escalation

Air defense systems intercepted at least one drone near the U.S. consulate in Erbil on Tuesday as Iraq’s Kurdistan region endured another day of attacks linked to Iran backed militias targeting American sites. Explosions were also reported near Erbil International Airport and the Harir military base, according to regional media reports.......

Iran says Rubio admitted US entered “war of choice” for Israel

Iran said U.S. Secretary of State Marco Rubio effectively acknowledged that Washington joined a voluntary conflict on Israel’s behalf after he defended the joint American Israeli military operation against Iran during remarks at the U.S. Capitol. Speaking before a closed door briefing with lawmakers on March 2, Rubio said the United......

Moderna agrees to up to $2.25 billion settlement in covid vaccine patent dispute

Moderna has agreed to pay up to $2.25 billion to resolve a global patent dispute with Genevant Sciences and Arbutus Biopharma over the lipid nanoparticle technology used in its COVID-19 vaccine, Spikevax. The agreement ends years of litigation over the delivery system that enabled mRNA vaccines during the pandemic. If fully executed, the......

Toyota and Stellantis exit Tesla emissions pool under EU rules

Toyota and Stellantis have withdrawn from Tesla’s European carbon emissions pooling arrangement for 2026, according to newly filed documents with the European Union, removing two of the largest contributors to a coalition that analysts once estimated could generate more than €1 billion annually for the electric vehicle manufacturer. The......

Israel says 300 Iranian missile launchers destroyed after six days of strikes

Israeli forces say about 300 Iranian ballistic missile launchers have been destroyed during the first six days of a joint U.S. and Israeli air campaign, but Iran’s extensive network of underground missile facilities continues to challenge efforts to eliminate the country’s missile capabilities. The strikes are part of “Operation......

Apple unveils six devices in two days during major spring launch

Apple introduced six new devices in two days as part of one of its most ambitious spring product launches in recent years, with at least one additional announcement expected during a hands on media event scheduled for Wednesday. The rollout began Monday, March 2, when the company revealed the iPhone 17e and the iPad Air powered by the M4......

Soros investment chief warns markets face 18 to 24 months of turmoil

Dawn Fitzpatrick, chief investment officer at Soros Fund Management, warned investors to prepare for a difficult period lasting up to two years as markets confront a combination of geopolitical tensions, instability in private credit, and the disruptive effects of artificial intelligence. Speaking at the Bloomberg Invest conference in New......

Turkey condemns arrest of two journalists in Tel Aviv

Turkish authorities have condemned the arrest of two journalists in Tel Aviv who were covering the ongoing Middle East conflict, according to statements from Turkish officials and Israeli police on Tuesday. Emrah Cakmak, a reporter for CNN Türk, and Halil Kahraman, a cameraman, were detained while reporting live from the city, the Turkish......

Morocco links new digital law to its push for global AI governance

Morocco is moving ahead with a new legal framework for its digital ecosystem just as it steps up efforts to position itself as a key player in global talks on artificial intelligence governance. The draft “Digital X.0” framework law, now under review by the General Secretariat of the Government, is designed to regulate the use......

Israeli-US strikes target Iran's Supreme Leader selection body

Israeli and U.S. forces carried out airstrikes on Tuesday in Iran targeting the building that houses the Assembly of Experts, the institution responsible for selecting a new Supreme Leader following the death of Ayatollah Ali Khamenei at the onset of the ongoing conflict, local media reported. According to the Tasnim news agency, the attack......

Emmanuel Macron to address French citizens amid Middle East tensions

French President Emmanuel Macron is scheduled to speak to the nation Tuesday at 8:00 p.m. local time, addressing rising tensions in the Middle East following recent military operations involving Israel and United States in Iran. The Élysée Palace announced that Macron’s televised address will be broadcast across major......

Italy summons Iranian ambassador after drone strike on Cyprus

Italy has summoned the ambassador of Iran following a drone attack targeting a British military base in Cyprus, in a move that underscores mounting diplomatic tensions across the region. According to Italy’s Foreign Ministry, the decision to call in the Iranian envoy was intended to formally protest the strike, which reportedly involved......

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