News

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Thu, 05 Mar 2026 06:30:06 GMT

Turkey Proposes 10% Crypto Income Tax

Turkey's ruling party proposes a 10% tax on crypto gains, letting the president adjust rates 0–20%, impacting investors and trading platforms.

Thu, 05 Mar 2026 03:30:06 GMT

Chinese Firms' Iran Trade in Limbo After US-Israel Strikes

Chinese firms' Iran deals stall after US-Israel strikes, halting shipments and payments, putting exporters' income at risk amid rising Middle East tensions.

Wed, 04 Mar 2026 21:30:07 GMT

Ethereum nears longest losing streak since 2018

Ethereum posts six straight monthly losses, down 60% from its 2025 high, despite record network activity and rising transactions.

Wed, 04 Mar 2026 18:30:05 GMT

Meta rents Google AI chips in multi-billion deal

Meta signs a multi-billion-dollar deal to rent Google AI chips to power new AI models, expanding Big Tech's race to scale infrastructure.

Wed, 04 Mar 2026 15:30:06 GMT

Japan Q4 Capex Jumps 6.5%

Japan's business investment rose 6.5% in Q4, marking a fourth straight gain and supporting hopes for stronger revised GDP growth.

Wed, 04 Mar 2026 12:30:06 GMT

Roche Eyes Weight-Loss Market Push

Roche aims for double-digit share in obesity drugs, targeting a top-three spot as it seeks to narrow the gap with Novo Nordisk.

Wed, 04 Mar 2026 09:30:07 GMT

NY Court Rejects Shell LNG Challenge

A New York judge denied Shell's bid to overturn an arbitration win for Venture Global over LNG sales, backing the prior ruling.

Wed, 04 Mar 2026 06:30:05 GMT

Altman Admits Defense Deal Was ‘Sloppy'

OpenAI CEO Sam Altman said the Pentagon deal was rushed and looked opportunistic, adding limits on surveillance and barring intelligence agency use.

Wed, 04 Mar 2026 03:30:06 GMT

Iran War Raises U.S. Economic Risks

Oil jumps as U.S.–Iran conflict grows, threatening trade, inflation and Fed rate plans despite strong U.S. growth outlook.

Tue, 03 Mar 2026 21:30:06 GMT

Europe Braces for Economic Impact from Iran Conflict

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.

Tue, 03 Mar 2026 15:30:11 GMT

Apple Eyes India Launch for Apple Pay

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.

Tue, 03 Mar 2026 12:30:06 GMT

ASML Eyes Next-Gen AI Chip

ASML plans advanced packaging and larger chip systems, using AI to boost performance, targeting the growing market for sophisticated AI processors.

Tue, 03 Mar 2026 09:30:07 GMT

Toyota Raises $30B Offer for Supplier, Securing Elliott's Backing

Toyota boosts its bid for Toyota Industries to $30 billion, ending a months-long standoff with activist fund Elliott and addressing minority shareholder concerns.

Tue, 03 Mar 2026 06:30:03 GMT

Middle East Strikes Disrupt Major Oil and Gas Production

Saudi Arabia's Ras Tanura refinery hit by drones, Israeli and Iraqi facilities offline, sending Brent crude above $82/bbl amid rising supply concerns.

Tue, 03 Mar 2026 03:30:05 GMT

UK House Prices Rise in February as Market Confidence Holds

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.

Mon, 02 Mar 2026 21:30:05 GMT

OpenAI raises $110B in funding round

OpenAI is raising $110B at an $840B valuation, with investments from SoftBank, Nvidia and Amazon.

Mon, 02 Mar 2026 18:35:04 GMT

Rio Tinto Restarts $473m South African Mineral Sands Project

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.

Mon, 02 Mar 2026 18:30:07 GMT

AWS reports fire at UAE data center

Amazon cloud unit AWS said objects struck a UAE data center, causing sparks and a fire. Power was cut; other zones remain operational.

Mon, 02 Mar 2026 15:30:08 GMT

Tesla registrations fall in Denmark

New Tesla Inc car registrations in Denmark dropped 18% year-on-year in February to 419 vehicles, according to Mobility Denmark data.

Mon, 02 Mar 2026 12:30:06 GMT

China Prepares for Trump-Xi Summit

Beijing tasks agencies to study Trump's demands and possible concessions ahead of the upcoming Xi-Trump meeting, but a Taiwan breakthrough seems unlikely.

Mon, 02 Mar 2026 09:30:05 GMT

LVMH Keeps Grand Hotel Europe in Russia

LVMH closed boutiques in Russia but retains St. Petersburg's Grand Hotel Europe, serving sanctioned clients while profits stay in Russia.

Mon, 02 Mar 2026 06:30:06 GMT

easyJet Delays Refund for £472 Ticket

easyJet delayed a £472 refund after a Gatwick flight disruption left passengers stranded. Bureaucracy and system errors prolonged the repayment.

Mon, 02 Mar 2026 03:30:05 GMT

HSBC Bankers Get $3.9bn Bonus Pot

HSBC bankers will share $3.9bn in bonuses after better-than-expected 2025 results, despite profits slipping 7% to $29.9bn.

Fri, 27 Feb 2026 21:30:05 GMT

People's Bank of China scraps 20% forex reserve ratio

People's Bank of China will scrap the 20% forex risk reserve ratio from March 2, 2026, cutting hedging costs and supporting market stability.

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