Business

Morning Bid: Drawing to a strait is always a risky play

Monday, March 16 by SRN News

A look at the day ahead in European and global markets from Wayne Cole. Asian trading has again been all about the Strait of Hormuz and President Trump's odds of strong-arming U.S. allies, and others, into helping escort shipping through the vital waterway. Early reports said... Read More.

Iran hits Gulf neighbors and keeps stranglehold on oil shipping as concerns rise of energy crisis

Monday, March 16 by SRN News

BEIRUT, Lebanon (AP) - Explosions echoed across Beirut early Monday as Israel struck the Lebanese capital. It also launched a new wave of attacks on Tehran, while Dubai was forced to temporarily close its airport after an Iranian drone hit a fuel tank. Since being... Read More.

Brent crude trades near $105 as Iran attacks more Gulf targets, while shares are mixed

Monday, March 16 by SRN News

BANGKOK (AP) - Brent crude oil traded near $105 per barrel on Monday as Gulf countries reported more attacks by Iran with the war entering its third week, while share prices were mixed. A barrel of Brent, the international standard, was up 1.6% at... Read More.

Gulf investors seen likely to keep funding Africa renewable energy despite the Iran war

Monday, March 16 by SRN News

NAIROBI, Kenya (AP) - Middle Eastern sovereign wealth funds and state-backed companies are unlikely to scale back renewable energy investments in Africa despite disruptions from the Iran war, analysts say, given the strong long-term economic and strategic reasons driving such funding. Investors made wealthy by... Read More.

How Poland went from post-Communist wreck to one of the world’s 20 biggest economies

Monday, March 16 by SRN News

POZNAN, Poland (AP) - A generation ago, Poland rationed sugar and flour while its citizens were paid one-tenth what West Germans earned. Today its economy has edged past Switzerland to become the world's 20th largest with over $1 trillion in annual output. It's a historic... Read More.

Ride-hailing app inDrive says revenue up 31% in 2025, eyes delivery expansion

Monday, March 16 by SRN News

ALMATY, March 16 (Reuters) - Ride-hailing application inDrive saw net revenue grow by nearly a third last year, founder and CEO Arsen Tomsky said, as profitability per ride improved following several years of rapid expansion. The privately held, U.S.-headquartered company is now looking to expand... Read More.

Why France is bolstering military presence in the Middle East, as Macron prepares for postwar talks

Monday, March 16 by SRN News

PARIS (AP) - France's government is bolstering the country's military presence in the Middle East, dispatching its aircraft carrier and other warships, while President Emmanuel Macron engages with key players in the conflict, including Iran, in a bid to position Paris for future diplomatic... Read More.

The Latest: Trump calls for allies to help reopen Strait of Hormuz

Monday, March 16 by SRN News

U.S. President Donald Trump said that he has demanded about seven countries send warships to keep the Strait of Hormuz open, as Iranian strikes continued to rain down on Gulf countries early Monday. Dubai International Airport - the world's busiest - suspended operations after a... Read More.

Trump suggests he may delay China trip as he pressures Beijing for help with Strait of Hormuz

Monday, March 16 by SRN News

WASHINGTON (AP) - President Donald Trump is suggesting he may delay his much-anticipated visit to China at the end of the month as he seeks to ramp up the pressure on Beijing to help reopen the Strait of Hormuz and calm oil prices that... Read More.

Warner Bros’ Oscar triumph a bittersweet moment as Paramount deal looms

Monday, March 16 by SRN News

By Dawn Chmielewski LOS ANGELES, March 15 (Reuters) - Warner Bros emerged as the biggest winner at the Academy Awards on Sunday, though the mood was clouded by its pending $110 billion sale to Paramount Skydance, a deal reshaping Hollywood's studio landscape. The studio received 11... Read More.

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Current Weather

Morning Bid: Drawing to a strait is always a risky play

Iran hits Gulf neighbors and keeps stranglehold on oil shipping as concerns rise of energy crisis

Brent crude trades near $105 as Iran attacks more Gulf targets, while shares are mixed

Gulf investors seen likely to keep funding Africa renewable energy despite the Iran war

How Poland went from post-Communist wreck to one of the world’s 20 biggest economies

Ride-hailing app inDrive says revenue up 31% in 2025, eyes delivery expansion

Why France is bolstering military presence in the Middle East, as Macron prepares for postwar talks

The Latest: Trump calls for allies to help reopen Strait of Hormuz

Trump suggests he may delay China trip as he pressures Beijing for help with Strait of Hormuz

Warner Bros’ Oscar triumph a bittersweet moment as Paramount deal looms

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