Oil jumps as U.S.–Iran conflict grows, threatening trade, inflation and Fed rate plans despite strong U.S. growth outlook.
Disruption near the Strait of Hormuz has lifted oil and gas prices, raising inflation risks for Europe and complicating policy for the European Central Bank and Bank of England.
Apple is in talks with ICICI Bank, HDFC Bank and Axis Bank to launch Apple Pay in India by mid-2026, supporting UPI and cards, entering a market dominated by Google Pay and PhonePe.
ASML plans advanced packaging and larger chip systems, using AI to boost performance, targeting the growing market for sophisticated AI processors.
Toyota boosts its bid for Toyota Industries to $30 billion, ending a months-long standoff with activist fund Elliott and addressing minority shareholder concerns.
Saudi Arabia's Ras Tanura refinery hit by drones, Israeli and Iraqi facilities offline, sending Brent crude above $82/bbl amid rising supply concerns.
UK house prices rose 0.3% in February to £273,176, as Rachel Reeves' spring forecast avoided pre-budget market fears. First-time buyers see improved affordability.
OpenAI is raising $110B at an $840B valuation, with investments from SoftBank, Nvidia and Amazon.
Rio Tinto will restart its $473m Zulti South project at Richards Bay Minerals in South Africa, extending mine life to 2050 after a six-year halt due to unrest.
Amazon cloud unit AWS said objects struck a UAE data center, causing sparks and a fire. Power was cut; other zones remain operational.
New Tesla Inc car registrations in Denmark dropped 18% year-on-year in February to 419 vehicles, according to Mobility Denmark data.
Beijing tasks agencies to study Trump's demands and possible concessions ahead of the upcoming Xi-Trump meeting, but a Taiwan breakthrough seems unlikely.
LVMH closed boutiques in Russia but retains St. Petersburg's Grand Hotel Europe, serving sanctioned clients while profits stay in Russia.
easyJet delayed a £472 refund after a Gatwick flight disruption left passengers stranded. Bureaucracy and system errors prolonged the repayment.
HSBC bankers will share $3.9bn in bonuses after better-than-expected 2025 results, despite profits slipping 7% to $29.9bn.
People's Bank of China will scrap the 20% forex risk reserve ratio from March 2, 2026, cutting hedging costs and supporting market stability.
CoreWeave shares fell 8% after it forecast up to $35B capex, wider losses and slower Q1 revenue growth despite a small Q4 beat.
Tesla logged zero autonomous test miles in California in 2025, despite touting robotaxis, leaving it without key permits unlike Waymo.
UBS downgraded U.S. equities to neutral, citing high valuations, weaker dollar risks and faster growth opportunities outside the U.S.
eBay will lay off about 800 employees (6%) to streamline operations after its $1.2B Depop acquisition.
U.S. weekly claims rose 4,000 to 212,000, signaling a steady labor market. The unemployment rate held near 4.3% despite tariff uncertainty.
Ford Motor Co recalls 4.3M trucks and SUVs over a software glitch that may cause brake and signal light failures. A free update will fix it.
Lei Jun says Xiaomi will invest heavily in chips, AI and operating systems to drive innovation and support China's tech self-reliance push.
Claudia Sheinbaum may sue Elon Musk after he alleged cartel ties on X. Lawyers reviewing; US free speech laws could hinder case.