Business

War with Iran delivers another shock to the global economy

Tuesday, March 10 by SRN News

WASHINGTON (AP) - The war with Iran is doing collateral damage to the world economy. The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at central... Read More.

Iran fires drones toward Saudi Arabia and Kuwait

Tuesday, March 10 by SRN News

DUBAI, United Arab Emirates (AP) - Iranian fired drones towards Saudi Arabia and Kuwait early Tuesday as the war in the Middle East shows no sign of abating. The Saudi Defense Ministry said it has destroyed two drones over the kingdom's oil-rich eastern region, while... Read More.

Asian shares surge, echoing a rally on Wall Street as oil prices sank back to about $90

Tuesday, March 10 by SRN News

TOKYO (AP) - Asian shares have rebounded from their sharp declines a day before after a rally on Wall Street as global investors wagered that the war with Iran may not last too long. But the gains early Tuesday fell far short of losses... Read More.

Airlines begin to hike fares due to higher fuel prices, shares stabilise

Tuesday, March 10 by SRN News

By Shivangi Lahiri March 10 (Reuters) - Air New Zealand said on Tuesday it has raised fares due to the Middle East conflict and may take further pricing action, underscoring how global airlines will seek to pass on the costs of higher oil prices... Read More.

Dollar eases with oil on hopes of swift end to Iran war

Tuesday, March 10 by SRN News

By Jiaxing Li HONG KONG, March 10 (Reuters) - The dollar lost some of its safe-haven appeal on speculation that the war in the Middle East could prove limited on Tuesday, pulling down skyrocketing oil prices and boosting risk assets. At 157.73 yen and $1.1632 per... Read More.

Anthropic executives say Pentagon blacklisting could hit billions in sales, harm reputation

Tuesday, March 10 by SRN News

March 9 (Reuters) - Anthropic executives said the U.S. government's blacklisting of the AI firm could cut its 2026 revenue by multiple billions of dollars and cause reputational harm. The company filed a lawsuit on Monday to block the Pentagon from... Read More.

Asia markets rebound, oil dives as Trump says Iran war could end soon

Tuesday, March 10 by SRN News

By Gregor Stuart Hunter SINGAPORE, March 10 (Reuters) - Asian stocks rallied and oil prices plunged at the start of trading on Tuesday, following a volatile session for markets overnight after U.S. President Donald Trump declared the Middle East war could be "over soon." MSCI's... Read More.

Australia business conditions steady in February, sentiment slips

Tuesday, March 10 by SRN News

SYDNEY, March 10 (Reuters) - A measure of Australian business conditions held steady in February with sales improving a little, a survey showed on Tuesday, though sentiment turned negative for the first time in 11 months as borrowing costs rose. The survey from National Australia... Read More.

Brent crude futures fall more than 7%

Tuesday, March 10 by SRN News

March 10 (Reuters) - Brent crude fell more than 7% on Tuesday after U.S. President Donald Trump hinted that the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies. Brent crude futures were at $91.71 a barrel,... Read More.

Venezuelan lawmakers open debate on a mining bill to lure foreign capital

Tuesday, March 10 by SRN News

CARACAS, Venezuela (AP) - Venezuelan lawmakers on Monday began debating a bill proposed by acting President Delcy Rodríguez to regulate the country's mining industry and create conditions to attract crucial foreign investment. The bill aims to generate confidence among foreign investors, many of whom lost... Read More.

Current Weather

War with Iran delivers another shock to the global economy

Iran fires drones toward Saudi Arabia and Kuwait

Asian shares surge, echoing a rally on Wall Street as oil prices sank back to about $90

Airlines begin to hike fares due to higher fuel prices, shares stabilise

Dollar eases with oil on hopes of swift end to Iran war

Anthropic executives say Pentagon blacklisting could hit billions in sales, harm reputation

Asia markets rebound, oil dives as Trump says Iran war could end soon

Australia business conditions steady in February, sentiment slips

Brent crude futures fall more than 7%

Venezuelan lawmakers open debate on a mining bill to lure foreign capital

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