Business

Oil jumps as US-Iran conflict escalates, disrupts shipping

Monday, March 2 by SRN News

SINGAPORE, March 2 (Reuters) - Oil prices surged more than 8% to their highest in months on Monday as Iran and Israel stepped up attacks in the Middle East, damaging tankers and disrupting shipments from the key producing region. Brent crude futures struck a high... Read More.

Dollar gains, euro sags as Iran war lifts energy prices

Monday, March 2 by SRN News

By Tom Westbrook SINGAPORE, March 2 (Reuters) - The euro slid, Swiss franc rose and the dollar jumped on Monday as investors headed for safety after the U.S. and Israel bombed Iran, killing supreme leader Ayatollah Ali Khamenei to open a power vacuum and raise... Read More.

Oil prices surge in Asia, stocks under pressure

Monday, March 2 by SRN News

By Wayne Cole SYDNEY, March 2 (Reuters) - Oil prices surged on Monday and investors stampeded to the safety of bonds and gold as military conflict in the Middle East looked set to last weeks, just as markets had been spooked by AI and banking... Read More.

Amazon’s cloud unit reports fire after objects hit UAE data center

Monday, March 2 by SRN News

March 1 (Reuters) - Amazon's cloud unit, AWS, said on Sunday that power to its data center in the United Arab Emirates was shut down temporarily after objects struck the facility, triggering sparks and a fire. The UAE is reeling from Iran's retaliatory missile and... Read More.

Exclusive-Australia says it may go after app stores, search engines in AI age crackdown

Monday, March 2 by SRN News

SYDNEY, Mar 2 (Reuters) - Australia's internet regulator said it may push search engines and app stores to block artificial intelligence services that fail to verify user ages after a Reuters review found more than half had not made public any steps to comply... Read More.

Safe-haven yen and Swiss franc gain as weekend Iran strikes unnerve markets

Sunday, March 1 by SRN News

By Alun John LONDON, March 1 (Reuters) - The safe-haven Swiss franc and Japanese yen firmed, while the euro slid as trading resumed after a weekend that saw the United States and Israel launch their most ambitious attacks on Iran in decades, killing Supreme Leader... Read More.

OPEC+ boosts oil production after attacks on Iran and throughout region

Sunday, March 1 by SRN News

NEW YORK (AP) - Eight countries that are part of the OPEC+ oil cartel announced Sunday they will boost production of crude as U.S. and Israeli forces launched a major attack on Iran and the country responded with retaliatory strikes against Israel and... Read More.

Gulf businesses reel as Iran strikes trigger regional shutdowns

Sunday, March 1 by SRN News

By Hadeel Al Sayegh, Federico Maccioni, Rachna Uppal and Ateeq Shariff DUBAI, March 1 (Reuters) - Iran's retaliatory strikes across the Gulf have triggered the most widespread business disruption in the region since the pandemic, forcing airport closures, halting port operations and sending shockwaves through... Read More.

Analysis-Investors brace for a bigger backlash from Middle East war

Sunday, March 1 by SRN News

By Vidya Ranganathan LONDON, March 1 (Reuters) - From being just a fringe risk, conflict in the Middle East has become a top worry for investors unsettled by the prospect of a power struggle in Iran and a protracted regional war, with ramifications for everything... Read More.

BYD February vehicle sales fall at steepest pace since pandemic

Sunday, March 1 by SRN News

BEIJING, March 1 (Reuters) - Chinese electric vehicle maker BYD recorded the biggest fall in global sales in six years last month against a backdrop of fierce competition in the world's largest auto market. BYD's February sales dropped 41.1% from a year earlier, the sixth... Read More.

Current Weather

Oil jumps as US-Iran conflict escalates, disrupts shipping

Dollar gains, euro sags as Iran war lifts energy prices

Oil prices surge in Asia, stocks under pressure

Exclusive-Australia says it may go after app stores, search engines in AI age crackdown

Safe-haven yen and Swiss franc gain as weekend Iran strikes unnerve markets

OPEC+ boosts oil production after attacks on Iran and throughout region

Gulf businesses reel as Iran strikes trigger regional shutdowns

Analysis-Investors brace for a bigger backlash from Middle East war

BYD February vehicle sales fall at steepest pace since pandemic

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