Business

Cuba says crews repaired a large power plant that caused a massive outage

Saturday, March 7 by SRN News

HAVANA (AP) - Cuban officials said they expect to restart a large thermoelectric plant on Saturday after it shut down earlier in the week, sparking a massive blackout. Felix Estrada Rodríguez, a top engineer at Cuba's Electric Union, told state-owned Canal Caribe that the Antonio... Read More.

China warns of global chip shortages as Nexperia dispute escalates again

Saturday, March 7 by SRN News

By Eduardo Baptista BEIJING, March 7 (Reuters) - China's commerce ministry on Saturday raised the possibility of another global semiconductor supply chain crisis due to "new conflicts" between Dutch chipmaker Nexperia and its Chinese subsidiary. Production across the global auto industry was disrupted in October when... Read More.

Ukraine’s low-cost Shahed killers draw US and Gulf interest, but a wartime ban blocks sales

Saturday, March 7 by SRN News

KYIV, Ukraine (AP) - As the war in the Middle East strains U.S. missile stocks, Ukraine is hoping it can turn a wartime innovation - low-cost interceptors designed to shoot down Russian attack drones - into geopolitical leverage. Now one of the world's leading producers... Read More.

Iran war threatens a prolonged hit to global energy markets

Saturday, March 7 by SRN News

By Timour Azhari and Marwa Rashad March 7 (Reuters) - The war with Iran could leave consumers and businesses worldwide facing weeks or months of higher fuel prices even if the week-old conflict ends quickly, as suppliers grapple with damaged facilities, disrupted logistics, and elevated... Read More.

Roche chairman still expects diagnostics hit from US tariffs

Saturday, March 7 by SRN News

ZURICH, March 7 (Reuters) - Roche expects its agreement with the U.S. government will keep its medicines exempt from the current round of import tariffs, but its diagnostics division remains exposed and could face renewed duties after an initial 150-day period, Chairman Severin Schwan... Read More.

Exclusive-Investors headed to post-Maduro Venezuela to scout out opportunities

Saturday, March 7 by SRN News

By Suzanne McGee, Nathan Crooks, Libby George and Karin Strohecker PROVIDENCE, RHODE ISLAND/HOUSTON, March 7 (Reuters) - Dozens of U.S. and other investors ranging from hedge fund managers to energy investors plan to travel to Venezuela in the coming weeks with hopes of meeting... Read More.

Iranian attacks target Gulf States as US warns bombing will intensify

Saturday, March 7 by SRN News

DUBAI, United Arab Emirates (AP) - Intense Iranian fire targeted the Gulf Arab states early Saturday as Israel and the United States kept up their airstrikes targeting the Islamic Republic. There was no foreseeable end to the fighting. U.S. President Donald Trump's administration approved a... Read More.

Hong Kong firm seeks $2 billion over Panama’s takeover of 2 key canal ports

Saturday, March 7 by SRN News

HONG KONG (AP) - A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking $2 billion of compensation in damages from Panama over its "illegal" takeover of the ports. Panama Ports Company,... Read More.

Oil and gas prices rapidly rise as Iran war shows no signs of letting up

Saturday, March 7 by SRN News

NEW YORK (AP) - The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East. The conflict, in which nearly... Read More.

US pump prices surge as Iran war upends global energy supply

Saturday, March 7 by SRN News

By Nicole Jao, Jayla Whitfield-Anderson and Rich McKay MARIETTA/NEW YORK, March 6 (Reuters) - U.S. retail gasoline and diesel prices are soaring as the U.S.-Israel war with Iran constrains oil and fuel exports, which could be a political test for President Donald Trump's Republican Party... Read More.

Current Weather

Cuba says crews repaired a large power plant that caused a massive outage

China warns of global chip shortages as Nexperia dispute escalates again

Ukraine’s low-cost Shahed killers draw US and Gulf interest, but a wartime ban blocks sales

Iran war threatens a prolonged hit to global energy markets

Roche chairman still expects diagnostics hit from US tariffs

Exclusive-Investors headed to post-Maduro Venezuela to scout out opportunities

Iranian attacks target Gulf States as US warns bombing will intensify

Hong Kong firm seeks $2 billion over Panama’s takeover of 2 key canal ports

Oil and gas prices rapidly rise as Iran war shows no signs of letting up

US pump prices surge as Iran war upends global energy supply

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