Diesel shortages threaten farming across continents amid Iran conflict

A growing diesel shortage triggered by disruptions to global energy supplies is threatening agricultural activity across multiple continents, raising concerns about rising food prices in the months ahead. Two weeks after the start of the US Israeli conflict involving Iran, the effective closure of the Strait of Hormuz has disrupted shipments......

Mathematicians overturn 150 year geometry rule using torus surfaces

A team of mathematicians has demonstrated that a long-standing principle in differential geometry proposed more than 150 years ago is not universally valid. By constructing two distinct torus-shaped surfaces that share identical geometric measurements and curvature properties, the researchers showed that these local data do not always determine......

Germany’s Merz urges diplomatic solution to end Iran conflict

Germany is intensifying diplomatic efforts to help end the ongoing conflict involving Iran, as concerns grow across Europe about the political, economic and security consequences of a prolonged war. Speaking during a visit to military exercises in northern Europe, German Chancellor Friedrich Merz stressed that diplomacy remains the most viable......

Silo AI founder launches QuTwo to link enterprise AI with quantum computing

Peter Sarlin, the Finnish entrepreneur who sold artificial intelligence startup Silo AI to AMD for $665 million in 2024, has unveiled a new venture called QuTwo. The company positions itself as what Sarlin describes as “an AI lab for the quantum era,” aiming to bridge enterprise artificial intelligence systems with emerging quantum......

Swedish startup Lovable reaches $400 million revenue with 146 employees

Swedish software startup Lovable has reached $400 million in annual recurring revenue as of February 2026, marking one of the fastest growth trajectories in the history of software startups. The company added $100 million in recurring revenue in a single month, according to Ryan Meadows, Lovable’s chief commercial officer, in comments......

Scientists detect first oval orbit in neutron star and black hole merger

Scientists have found the first clear evidence of an oval shaped orbit in a merger between a neutron star and a black hole, a discovery that challenges long standing assumptions about how these extreme cosmic systems form. The findings were published on March 11 in The Astrophysical Journal Letters and are based on a new analysis of the gravitational......

BMW forecasts lower profits in 2026 as tariffs pressure margins

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......

G7 Countries release strategic oil reserves ahead of leaders’ meeting

Several G7 nations have announced the release of strategic oil reserves in response to rising energy prices, ahead of a scheduled leaders’ meeting. Japan and Germany took the initiative to ease market pressures caused by the ongoing Middle East conflict, signaling coordinated action among the world’s largest economies. Japanese......

European gas prices fall sharply as Trump signals Iran war may end soon

European natural gas prices dropped sharply after a surge triggered by the conflict involving the United States, Israel, and Iran, as traders reacted to comments from U.S. President Donald Trump suggesting the war could end in the near future. The benchmark Dutch TTF gas price, the main reference for European gas markets, had nearly doubled......

Volkswagen plans 50,000 job cuts in Germany as profits plunge

Volkswagen plans to eliminate about 50,000 jobs in Germany by 2030 as the automaker accelerates restructuring efforts following a sharp decline in annual profits. The announcement came as the company reported earnings at their lowest level since the 2016 diesel emissions scandal. Chief executive Oliver Blume outlined the plan in a letter......

Mercedes-Benz denies report of China electric platform built with Geely technology

Mercedes-Benz has rejected reports that it is developing a new electric vehicle platform in China based on technology from its partner Geely Auto, calling the claim inaccurate and fabricated. The report, first published on March 4 by Chinese business outlet 36Kr and later circulated across international automotive media, described a project......

Porsche operating profit collapses after costly retreat from electric strategy

Porsche’s operating profit plunged by 98 percent in 2025, falling to just 90 million euros from 5.3 billion euros a year earlier after billions of euros in charges tied to a major shift away from its all electric vehicle strategy wiped out nearly all earnings. The results, released Tuesday as part of Volkswagen’s annual report,......

BYD studies Formula 1 entry to boost global electric vehicle brand

BYD Co., the world’s largest electric vehicle manufacturer, is exploring potential entry into top tier international motorsport, including Formula 1 and the FIA World Endurance Championship, as part of a strategy to strengthen its global brand presence, according to Bloomberg. The Shenzhen based company is assessing several pathways......

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