Tesla gains fade amid delivery worries despite Europe rebound

Tesla shares rose 0.8% Wednesday to close at $385.95 after European registration data showed positive growth for the first time in over a year, only to shed those gains Thursday with a 1.4% drop to $380.66 as analysts cut 2026 delivery forecasts. ACEA data revealed February registrations up 11.8% year-over-year in the EU, UK and EFTA countries,......

Mercosur and Canada edge closer to free-trade deal with April negotiations

Canada and the South American Mercosur bloc are making progress toward a free-trade agreement, with a new round of talks planned in Brasilia next month, according to sources familiar with the negotiations. Officials from Canada, Argentina, and Brazil indicated that the agreement could be finalized in 2026, potentially before September. The......

TotalEnergies drops 2050 carbon neutrality goal over slow global transition

TotalEnergies stated Thursday that the world will miss the 2050 carbon neutrality target set by the Paris Agreement, prompting the French energy giant to reassess its own climate goals. The announcement in its 2026 Sustainability & Climate Progress Report marks an official retreat from a pledge first made in 2020. The company cited a transition......

Musk plans 30% retail allocation for SpaceX IPO

Elon Musk intends to reserve up to 30% of SpaceX's upcoming initial public offering for individual investors, at least triple the typical 5-10% share in standard IPOs. Reuters reported Thursday that this approach breaks from convention, with SpaceX CFO Bret Johnsen pitching the oversized retail allocation to Wall Street alongside selective......

Iran conflict triggers mass tourism cancellations in eastern Mediterranean

The war in Iran sparks widespread tourism cancellations across the eastern Mediterranean, jeopardizing the region's vital summer season just weeks before launch. Cyprus suffers the hardest hit, with short-term rental cancellation rates jumping from 15% pre-conflict to 100% immediately after Iran's March 2 drone strike on the British......

Iran claims one million fighters ready for U.S. ground invasion

Iranian state media reported Thursday that over one million fighters stand organized for ground combat against American forces amid rising speculation of a U.S. offensive on Iran's southern coast and the strategic island of Kharg. Tasnim news agency, affiliated with the Revolutionary Guards, warned that any U.S. attempt to seize the Strait......

Rapid7 uncovers Chinese 'dormant cells' in telecom networks

Rapid7 detailed Thursday how a China-linked threat actor, Red Menshen, planted stealthy BPFdoor backdoors in global telecom networks using Linux kernel-level malware. First revealed in 2022, BPFdoor leverages Berkeley Packet Filter technology to passively monitor network packets without opening ports or signaling activity, evading standard......

Nvidia shares drop amid TurboQuant fears and lawsuit pressure

Nvidia shares fell about 4% Thursday as investors reacted to competitive, legal and regulatory challenges facing the AI chip leader. Google unveiled TurboQuant this week, an algorithm that cuts AI memory use by up to six times and boosts H100 inference speed by eight times without accuracy loss. Set for presentation at ICLR 2026 in Brazil......

Studies pinpoint Sun's magnetic engine deep below surface

Two recent studies reshape scientists' view of the Sun's hidden magnetic interior. Researchers at the New Jersey Institute of Technology analyzed nearly 30 years of solar oscillation data from NASA's Solar and Heliospheric Observatory, Solar Dynamics Observatory and the ground-based Global Oscillation Network Group. Their findings,......

UAE signals readiness to join multinational effort to reopen Strait of Hormuz

The United Arab Emirates has expressed its willingness to participate in a multinational maritime initiative aimed at restoring navigation through the strategically vital Strait of Hormuz, according to international media reports. The proposed operation would involve a coalition of countries working together to secure shipping routes and......

UN security council holds closed-door meeting on Iran at Moscow’s request

The United Nations Security Council is set to convene behind closed doors on Friday following a request from Moscow, amid rising tensions surrounding Iran. The move comes as part of ongoing diplomatic efforts to address escalating concerns over recent military developments in the region. According to diplomatic sources, Russia called for......

Markets plunge as Pentagon eyes decisive strike on Iran

Oil prices surged Thursday while global stock markets dropped sharply. Hopes for a quick end to the U.S.-Iran conflict faded as the Pentagon prepares military options for a potential knockout blow. Investors, rattled after nearly four weeks of fighting, drove the reaction.[reuters.com] Brent crude crossed $100 per barrel after dipping to......

Dollar holds steady as Iran conflict reshapes Fed rate outlook

The U.S. dollar traded near 99.6 on Thursday. Ongoing war between the United States and Iran drives investors to safe-haven assets. The dollar index rose early in the session amid uncertainty over the conflict and the Strait of Hormuz closure. Iranian forces declared the waterway shut on March 4, disrupting global energy markets. The dollar......

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