Thursday 12 March 2026 - 15:32
Thursday 12 March 2026 - 15:20
UBS Global Wealth Management has advised investors to strengthen their portfolios with gold, the US dollar and inflation linked bonds as military tensions between the United States and Iran continue to unsettle global financial markets. The bank said these assets offer important protection against rising geopolitical risks and volatile commodity......
Iran’s military leadership warned that global oil prices could surge to $200 per barrel as Iranian forces intensified attacks on commercial shipping near the Strait of Hormuz, escalating a maritime crisis that threatens one of the world’s most critical energy routes. Ebrahim Zolfaqari, spokesperson for Iran’s Khatam al-Anbiya......
Astronomers have reported several discoveries that deepen scientific understanding of some of the most extreme events in the universe, including the direct observation of a magnetar forming and new insights into how compact stellar remnants collide. For the first time, researchers have directly observed the birth of a magnetar, a rapidly......
Türkiye has reiterated its strong opposition to any attempt that could provoke internal conflict in Iran, warning that such developments could further destabilize the Middle East. Speaking during a joint press conference in Ankara with German Foreign Minister Johann Wadephul, Turkish Foreign Minister Hakan Fidan stressed......
Silver has pulled back from its January peak but remains one of the strongest performing assets of the past year, trading near 86 dollars per ounce midweek after reaching a record high of 121.62 dollars in January 2026. The metal has gained roughly 157 percent over the past year, prompting some of the most aggressive forecasts on Wall Street.......
Global stock markets extended their decline on March 11 and 12 as surging oil prices and renewed geopolitical tensions linked to the conflict with Iran revived fears of persistent inflation, weakening expectations for interest rate cuts and pushing investors toward safe haven assets. On Wall Street, the Dow Jones Industrial Average fell 289......
US stock futures fell sharply Thursday as oil prices climbed toward 100 dollars per barrel, intensifying concerns that the Iran conflict could trigger a prolonged energy shock, reignite inflation, and delay expected interest rate cuts by the Federal Reserve. Futures tied to the Dow Jones Industrial Average dropped about 400 points. S&P......
The European Parliament voted to approve the European Union’s formal conclusion of the Council of Europe’s Framework Convention on Artificial Intelligence, Human Rights, Democracy and the Rule of Law, clearing the way for the EU to ratify the first legally binding international treaty focused on AI governance. The approval vote......
Replit, the AI powered coding platform known for popularizing “vibe coding,” has raised 400 million dollars in a Series D funding round that values the company at 9 billion dollars, tripling its valuation in just six months. The company announced the investment alongside the launch of Agent 4, its newest AI development tool, and......
BMW warned that profits will decline in 2026 as higher tariffs, currency shifts, and rising costs weigh on the German luxury carmaker’s profitability, even as the company bets on its next generation of electric vehicles to drive long term growth. Speaking at its annual conference in Munich, the company said it expects a moderate decline......
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......
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......
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......
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