15:20
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 described as a fundamentally changed......
Bitcoin rose above $70,000 on March 10 as global markets stabilized following comments from U.S. President Donald Trump suggesting that the military campaign involving the United States and Israel against Iran could soon come to an end. The cryptocurrency traded around $70,322, up roughly 2.8 percent from the previous session, according to......
Italy has expressed solidarity with Türkiye after a ballistic missile fired from Iran briefly entered Turkish airspace before being intercepted by defense systems. Italian Foreign Minister Antonio Tajani said in Rome that Italy stands alongside Türkiye and shares the concerns of the Turkish people following the incident.......
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 had surged above $100 per barrel for the......
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 hit a new all-time high, while Northrop......
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......
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 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......
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......
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......
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......
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......
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......
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