Wednesday 11 - 11:50
Global stock markets experienced renewed volatility this week as sharp movements in oil prices and shifting signals from the conflict involving the United States and Iran unsettled investors. In the United States, the S&P 500 closed down 0.2 percent on Tuesday, March 10, after surrendering earlier gains. The Dow Jones Industrial Average......
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......
Gold is trading at an unusual discount in Dubai, one of the world’s most important hubs for physical bullion trade, as conflict involving the United States, Israel, and Iran disrupts transport routes and breaks the supply chains linking the precious metal to global markets. Traders in Dubai are offering discounts of up to 30 dollars......
The United Nations warned Tuesday that severe fuel shortages in Cuba are triggering a humanitarian crisis, with the island’s health system nearing a critical point as energy shortages disrupt essential services nationwide. UN spokesperson Stéphane Dujarric said the organization remains deeply concerned about the deteriorating......
A new generation of artificial intelligence tools is transforming biomedical research, enabling scientists to analyze genetic regulation, decode protein structures, and design drug compounds in a fraction of the time previously required. Recent studies show that machine learning systems can compress months or even years of laboratory work......
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,......
Democratic U.S. senators have voiced serious concerns over the possibility that President Donald Trump may deploy American ground forces in Iran, citing heightened risks due to Russian support for Tehran’s military operations. Senator Jeanne Shaheen of New Hampshire highlighted that Russia is already sharing intelligence with Iran,......
North Korea has expressed support for Iran’s appointment of Mojtaba Khamenei as the country’s new Supreme Leader, according to state media. The leadership change follows the death of his father during recent strikes by the United States and Israel. In an official statement, North Korea’s Foreign Ministry condemned what it......
Brazilian pharmaceutical company EMS is seeking to expand its international presence following the acquisition of the Brazil-based Sanofi unit, Medley, for more than $500 million. The deal strengthens EMS’s leadership position in Latin America’s generics market and positions the company for future growth abroad. Thiago Tavares,......
The United States Department of Defense has reported that approximately 140 American service members have been injured since the beginning of the war involving Iran. The announcement highlights the human cost of the ongoing military operations in the region, even as officials say most of the injuries are not severe. According to the Pentagon,......
Bank of America is reinforcing its presence in the technology dealmaking market by recruiting four experienced bankers from major financial institutions, according to internal communications reviewed by media outlets. The move reflects the bank’s broader strategy to expand its influence in technology-related mergers, acquisitions, and......
Oil markets swung sharply Monday after crude prices climbed above $100 per barrel for the first time since Russia’s invasion of Ukraine in 2022, while G7 governments debated whether to release strategic petroleum reserves to counter disruptions caused by the war involving the United States, Israel and Iran and the effective closure of......
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 since the early 2000s. The surge......
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