SAS raises fares as Iran war drives oil above $100

Scandinavian airline SAS has introduced a temporary fare adjustment on its flights as surging jet fuel prices push airlines to pass rising energy costs onto passengers. The move comes as the war involving the United States and Israel against Iran drives crude oil prices above $100 per barrel for the first time in nearly four years. Reuters......

EU leaders clash over Iran war as divisions deepen across Europe

More than a week after the United States and Israel launched strikes against Iran, European leaders remain sharply divided on how to respond, exposing deep fractures within the European Union over the conflict. The disagreement erupted publicly in Brussels when European Commission President Ursula von der Leyen and Spanish Deputy Prime Minister......

Volkswagen expects margin recovery in 2026 after difficult year

Volkswagen said it expects its operating margin to improve to between 4.0 percent and 5.5 percent in 2026 after a challenging 2025 marked by tariffs, rising competition from Chinese automakers, and the high cost of shifting toward electric vehicles. The German carmaker reported an operating margin of 2.8 percent for 2025, slightly below the......

EA cuts jobs across Battlefield 6 studios after record launch

Electronic Arts has laid off an undisclosed number of employees across the four studios responsible for developing Battlefield 6, despite the game’s strong commercial performance and recent industry recognition. The layoffs, first reported by IGN, affect staff at DICE, Criterion Games, Ripple Effect Studios and Motive Studio. These......

Oil surge to $120 revives global push for renewable energy

The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict has halted roughly one fifth of the......

Oil above $100 fuels surge in global agricultural prices

Agricultural markets rose sharply Monday as crude oil prices climbed above $100 per barrel, driven by the escalating conflict involving Iran and disruptions to energy supply routes. The surge in oil prices has triggered ripple effects across global food markets, increasing fertilizer costs and boosting demand for crop-based biofuels. Futures......

Anthropic sues Pentagon to block AI blacklisting

Artificial intelligence startup Anthropic has filed a lawsuit to prevent the Pentagon from placing it on a national security blacklist, intensifying its dispute with the U.S. military over restrictions on AI technology use. The Department of Defense last week designated Anthropic as a supply-chain risk after the company declined to remove......

G7 weighs record oil reserve release as war drives crude above $100

Finance ministers from the Group of Seven held an emergency virtual meeting Monday to discuss a coordinated release of strategic oil reserves as global crude prices surged above $100 per barrel amid the escalating conflict involving Iran. The call, scheduled for 08:30 Eastern Time, included International Energy Agency executive director Fatih......

Trump urges Australia to grant asylum to Iranian Women’s soccer team

U.S. President Donald Trump has called on Australia to provide asylum to members of Iran’s national women’s soccer team, warning that sending them back could pose serious dangers to their lives. The team recently competed in the AFC Women’s Asian Cup held in Australia but was eliminated after a 2-0 loss to the Philippines.......

Von der Leyen remarks on Iran war spark backlash among EU diplomats

European Commission President Ursula von der Leyen has drawn sharp criticism from several European Union diplomats after remarks about Iran’s leadership during a speech in Brussels intensified internal tensions over the EU’s foreign policy authority. Speaking at the EU’s annual conference of ambassadors, von der Leyen said......

India adds 24 billionaires, reaching 308 in latest global rich list

India's billionaire population climbed to 308, an increase of 24 from the previous year. The Hurun Global Rich List 2026, released Saturday, places the country third worldwide behind the United States and China. This expansion reflects sustained wealth creation amid strong economic momentum and robust stock market gains.​ The report......

Iraq seeks World Cup playoff delay after players stranded by airspace closure

Iraq has asked FIFA to postpone its intercontinental World Cup qualifying playoff after the ongoing regional conflict left most of the national team unable to leave the country. The match, scheduled for March 31 in Monterrey, Mexico, would see Iraq face the winner of the Bolivia versus Suriname semifinal. Iraq’s request follows the......

Gunfire reported outside Rihanna’s Beverly Hills home, suspect arrested

Police in Los Angeles arrested a suspect after gunfire struck the Beverly Hills residence of pop star Rihanna on Sunday afternoon, authorities said. No injuries were reported in the incident, which occurred while the singer was inside the property. Officers from the Los Angeles Police Department responded to reports of shots fired at about......

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