Breaking 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 08:20 Ethereum hits six week high as crypto markets rally on easing tensions 07:50 Morocco phosphate sector remains stable as global fertilizer costs rise 07:00 Scientists detect full set of genetic building blocks in Ryugu samples 16:50 Tungsten prices surge 557 percent as China tightens export controls 16:30 BBC urges U.S. court to dismiss Trump’s $10 billion defamation lawsuit 16:20 Currency volatility hits eight month high as Iran conflict shakes markets 16:10 Oil prices top 100 dollars after drone strike on Fujairah port 15:50 Ship traffic in Strait of Hormuz drops to zero amid Iran conflict 15:47 One battle after another wins best picture at 98th Academy Awards 15:40 Salesforce launches record 25 billion dollar share buyback 15:20 Oil prices exceed 100 dollars as Strait of Hormuz crisis deepens 14:50 Iran strikes Gulf states as Strait of Hormuz crisis deepens 14:45 Encyclopedia Britannica sues OpenAI over AI training practices 14:20 UN climate chief warns fossil fuel dependence threatens Europe’s security 14:17 US Treasury Secretary Bessent calls talks with China in Paris constructive 13:50 JPMorgan warns oil above $90 could trigger S&P 500 correction 13:20 Asian markets fall as oil holds above $100 amid Iran war 12:50 Coinbase signals bitcoin may have passed peak pessimism in market sentiment 12:20 Allies press Trump for war strategy as Iran conflict enters third week

Elon Musk tops Hurun rich list with $792 billion as billionaire ranks surge

Elon Musk has reclaimed the title of the world’s richest person for the fifth time in six years, according to the Hurun Global Rich List 2026. The Tesla and SpaceX chief now holds an estimated fortune of $792 billion, marking an annual increase of 89 percent and making him the first individual to surpass the $700 billion wealth threshold. The......

Oil price surge threatens Germany with $46 billion economic hit, warns IW

Rising oil prices driven by escalating tensions in the Middle East are sending shockwaves through global economies, raising concerns about slower growth, higher inflation, and tighter monetary policy if crude prices remain elevated. Governments and central banks from Europe to Asia are confronting mounting energy costs and narrowing policy......

UAE central bank reassures markets as Iranian strikes rattle region

The Central Bank of the United Arab Emirates sought to reassure investors as tensions escalated in the Gulf, with Governor Khaled Mohamed Balama stating that the country’s financial system remains resilient despite Iranian missile and drone strikes. In an official statement, Balama said the UAE’s banking and financial sector is......

Canadian dollar rises against European currencies as oil prices surge

The Canadian dollar strengthened against several major European currencies this week as crude oil prices climbed sharply amid escalating tensions involving Iran, the United States and Israel. The USD/CAD exchange rate traded near 1.3660 on Wednesday, with the Canadian dollar holding firm even as global safe haven demand supported the US currency. The......

Investors keep buying emerging market ETFs despite sharp market selloff

Investors continued pouring money into emerging market exchange traded funds on March 3 despite a sharp global market correction triggered by escalating geopolitical tensions linked to Iran. The MSCI Emerging Markets Index recorded its steepest one day decline since April, reflecting a broad selloff across developing market assets. Stocks,......

Sony ends PC releases for major single player PlayStation games

Sony Group Corp. will stop releasing its major single player PlayStation 5 titles on PC, ending a six year experiment with cross platform launches that the company now considers commercially ineffective, according to Bloomberg. The decision means several high profile games will remain exclusive to the PS5. These include last year’s......

Forty years of data reveal subtle shifts inside the Sun

Researchers analyzing more than four decades of solar observations have discovered that the internal structure of the Sun changes subtly between periods of low magnetic activity, a finding that could improve predictions of solar storms and their effects on Earth. A team from the University of Birmingham and Yale University examined over 40......

Trump threatens Spain over base access as NATO allies split on Iran war

Less than a week after the United States and Israel launched a joint military campaign against Iran, divisions have emerged within NATO over how to respond to the conflict, exposing deep disagreements among European allies. NATO Secretary General Mark Rutte acknowledged the fractures while speaking during a visit to North Macedonia. He said......

US says it is nearing total control of Iranian airspace

The United States and Israel have intensified their joint military campaign against Iran, with US Defense Secretary Pete Hegseth stating that American and Israeli forces are close to achieving full control of Iranian airspace as the conflict enters its sixth day. Speaking to reporters at the Pentagon, Hegseth said the two allies were on the......

Jupiter-bound spacecraft captures striking images of interstellar comet 3I/ATLAS

A European Space Agency spacecraft traveling toward Jupiter has captured detailed images of the interstellar comet 3I/ATLAS, revealing a bright coma and a long tail of gas and dust as the rare visitor speeds away from the solar system. The observations were made by the Jupiter Icy Moons Explorer mission, known as JUICE, during an observation......

US and Venezuela probe secret oil contracts signed under Maduro

Authorities in the United States and Venezuela are reviewing dozens of confidential oil agreements signed during the rule of former leader Nicolás Maduro, according to Bloomberg, as part of an investigation that could complicate efforts to revive the country’s struggling oil sector. The agreements, known as productive participation......

Iran death toll passes 1,000 as Senate backs Trump war powers

The military confrontation involving the United States, Israel and Iran entered its sixth day on March 5 with no sign of a ceasefire, as strikes and missile attacks continued across the Middle East and the conflict’s human and economic costs intensified. Israel launched new waves of air strikes across Tehran and targeted Hezbollah positions......

Gold plunges as surging dollar dominates safe haven demand

Gold prices recorded their sharpest one day drop of 2026 on Tuesday, falling more than 4 percent as the US dollar strengthened amid escalating tensions linked to the conflict involving Iran. The move came just one day after gold had surged above $5,390 per ounce on heavy safe haven buying triggered by geopolitical fears. Data from Trading......

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