Business

Volkswagen stung by tariffs, China battle as profit halves

Tuesday, March 10 by SRN News

By Rachel More WOLFSBURG, Germany, March 10 (Reuters) - Volkswagen is in for another tough year dominated by tariffs and the battle to win back China, after Europe's largest carmaker reported a slump in operating profit on Tuesday and forecast only a modest recovery for... Read More.

Aramco sees ‘catastrophic consequences’ for oil if shipping doesn’t resume in Strait of Hormuz

Tuesday, March 10 by SRN News

By Maha El Dahan and Yousef Saba DUBAI, March 10 (Reuters) - Saudi Arabia's Aramco, the world's top oil exporter, said on Tuesday that there would be "catastrophic consequences" for the world's oil markets if the Iran war continues to disrupt shipping in the Strait... Read More.

Domino’s Pizza UK posts 15% drop in 2025 profit

Tuesday, March 10 by SRN News

March 10 (Reuters) - Britain's Domino's Pizza Group on Tuesday reported a 15% fall in annual profit for 2025, hurt by muted demand, weak sales and high costs. The company, which operates under the umbrella of U.S.-based Domino's Pizza in the UK and Ireland, is... Read More.

Air-taxi maker Archer accuses rival Joby of illegal China ties

Tuesday, March 10 by SRN News

By Shubham Kalia and Dan Catchpole March 9 (Reuters) - Electric air-taxi maker Archer Aviation accused rival Joby Aviation in a countersuit filed Monday of defrauding the U.S. government and hiding close ties to China that it used to gain an unfair competitive advantage. In the... Read More.

Qantas hikes fares on international routes as fuel costs surge on Mideast conflict

Tuesday, March 10 by SRN News

March 10 (Reuters) - Qantas Airways said on Tuesday it would hike fares on its international routes this week in response to the surge in jet fuel costs due to the conflict in the Middle East. The Australian flag carrier also said in a statement... Read More.

Morning Bid: Trump says war is ‘very complete’ – Iran has other ideas

Tuesday, March 10 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter: Just when you thought it was safe to go back in the water, the White House has ominously declared that everything will be back to normal soon. While global stocks have... Read More.

FAA grounds all JetBlue flights after request from airline

Tuesday, March 10 by SRN News

NEW YORK (AP) - The Federal Aviation Administration has grounded all JetBlue flights due to a request from the airline, the agency said Tuesday. The ground stop impacts flights to all destinations, according to the advisory. It was not immediately clear why JetBlue requested the... Read More.

Renault targets 23% jump in sale volumes by 2030 from overseas push

Tuesday, March 10 by SRN News

By Gilles Guillaume PARIS, March 10 (Reuters) - Renault plans to sell half of its Renault brand cars overseas by 2030 and grow volumes by over a fifth, it said as it unveiled a five-year strategy aimed at remaining competitive in a tough global market.... Read More.

US FAA issues ground stop for all JetBlue planes

Tuesday, March 10 by SRN News

March 10 (Reuters) - JetBlue Airways has requested for a ground stop at all destinations, the U.S Federal Aviation Administration said in an advisory on Tuesday. The ground stop was issued at the request of the airline, the FAA notice said, without adding further... Read More.

European freight truck makers brace for wave of low-cost Chinese rivals

Tuesday, March 10 by SRN News

ANTWERP/SODERTALJE, Sweden, March 10 (Reuters) - Chinese electric freight trucks are rolling into Europe at pace this year, following the trail blazed by Chinese EVs and threatening to upend the market with better technology and lower prices. Reuters has identified more than half a dozen... Read More.

Current Weather

Volkswagen stung by tariffs, China battle as profit halves

Aramco sees ‘catastrophic consequences’ for oil if shipping doesn’t resume in Strait of Hormuz

Domino’s Pizza UK posts 15% drop in 2025 profit

Air-taxi maker Archer accuses rival Joby of illegal China ties

Qantas hikes fares on international routes as fuel costs surge on Mideast conflict

Morning Bid: Trump says war is ‘very complete’ – Iran has other ideas

FAA grounds all JetBlue flights after request from airline

Renault targets 23% jump in sale volumes by 2030 from overseas push

US FAA issues ground stop for all JetBlue planes

European freight truck makers brace for wave of low-cost Chinese rivals

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