Breaking 17:40 France closely watches Pernod Ricard and Brown Forman merger talks 17:30 Spacex files confidential ipo plan targeting record $75 billion raise 17:16 Lufthansa plans to ground 40 aircraft as Iran war doubles jet fuel costs 16:45 Iranian strikes on Gulf aluminium plants push prices to four-year highs 16:20 Russia earns $9 billion a month in oil windfall from the Iran war 16:04 Lilly’s weight-loss pill receives US FDA approval 16:00 Oil falls toward $100 as Trump claims Iran requested a ceasefire 15:40 Intel buys back Apollo's stake in Irish chip plant for $14.2 billion 15:38 Mega IPO wave builds as SpaceX moves closer to public listing 15:26 Switzerland considers cancelling U.S. Patriot missile deal amid uncertainty 14:50 New studies reveal how DNA movement and cell mechanics drive cancer development 14:20 Artemis II crew prepares for liftoff on first crewed lunar flight since Apollo 17 14:05 Canadian manufacturing slows as global tensions weigh on outlook 12:45 NASA set to launch its first crewed lunar mission since 1972 12:00 UAE prepares to join naval coalition to reopen Strait of Hormuz as Dubai launches $270 million aid plan 11:45 UK stocks rise as Trump signals possible end to Iran conflict 10:10 Hegseth says US is directly confronting Russia and China over support for Iran 09:45 Iran war wipes $255 billion from world's top billionaires in 2026 08:50 Google warns quantum computers could crack Bitcoin encryption within minutes 08:20 Microsoft closes its worst quarter since 2008 amid AI spending fears 07:50 NASA's Perseverance rover finds nickel and gemstone crystals hinting at ancient Mars life


US LNG exporters gain windfall as Iran conflict disrupts global gas supply

Western energy companies not reliant on Persian Gulf supplies are emerging as the main financial winners as the United States and Israel’s war with Iran enters its second week, with American liquefied natural gas exporters positioned for what analysts describe as one of the largest commodity windfalls......

Volkswagen profits plunge as tariffs and China competition hit 2025 results

Volkswagen reported a sharp decline in profits for 2025, with operating earnings falling by more than half as U.S. tariffs and intensifying competition in China weighed on the German automaker’s performance. The company said it expects only a modest recovery in 2026 as it adapts to what executives......

US stocks rebound late as Trump signals Iran war may end soon

U.S. stock markets recovered sharply late in the trading session after President Donald Trump suggested the war involving the United States and Israel against Iran could soon come to an end, easing some of the pressure from an energy shock that had shaken global markets earlier in the day. Oil prices......

Defense stocks surge to record highs as US Iran war enters second week

Defense companies on Wall Street reached new record levels as the military campaign involving the United States and Israel against Iran entered its second week, driving investors toward aerospace and weapons manufacturers expected to benefit from rising global defense spending. Shares of Lockheed Martin......

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......

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......

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......

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......

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......

Asian markets tumble as oil surpasses $100 for first time since 2022

Asian stock markets fell sharply after oil prices climbed above $100 per barrel for the first time since 2022, sending shockwaves through global financial markets and intensifying fears that the expanding conflict involving Iran could trigger stagflation. Brent crude jumped as much as 20 percent to......

IMF warns Middle East conflict could reignite global inflation

The International Monetary Fund warned that the expanding conflict in the Middle East could push global inflation higher as oil prices approach $120 per barrel, adding new pressure to the world economy at a time when weak labor data in the United States is intensifying concerns about stagflation. IMF......

Asian stock markets plunge as oil prices surge past $115

Stock markets across Asia fell sharply on Monday as crude oil prices jumped above $115 per barrel, heightening concerns that escalating tensions between the United States and Iran could damage the global economy. South Korea’s Kospi index dropped more than 8 percent, triggering a circuit breaker......

Global food prices show slight increase in February

Global food prices experienced a slight increase in February, according to the latest data from the Food and Agriculture Organization (FAO) of the United Nations. The FAO food price index reached 125.3 points, marking a 0.9% rise compared to its revised January value, though still 1.0% lower than the......

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