Business

Morning Bid: Iran widens war on shipping, Trump talks Strait

Thursday, March 12 by SRN News

A look at the day ahead in European and global markets from Stella Qiu It takes one to start a war, but two to make peace. President Donald Trump may be talking about a war already won, but someone forgot to send Iran the memo... Read More.

Cemex to shed some Colombia assets in $555 million deals; buyers include Holcim

Thursday, March 12 by SRN News

By Kylie Madry March 11 (Reuters) - Mexican cement maker Cemex on Wednesday said it plans to sell some assets in Colombia in deals it expects to bring in around $555 million, as it continues to shed assets outside of its core markets. Cemex in a... Read More.

Air New Zealand to cut flights as fuel price surge wreaks havoc on travel

Thursday, March 12 by SRN News

By Lucy Craymer WELLINGTON, March 12 (Reuters) - Air New Zealand said on Thursday it would slash 5% of its flights, or around 1,100 services, through early May as the Iran war sends jet fuel prices surging and disrupts travel even in rural areas thousands... Read More.

Analysis-Airline hedging strategies fall short as jet fuel price surges

Thursday, March 12 by SRN News

By Julie Zhu and Alessandro Parodi HONG KONG/GDANSK, March 12 (Reuters) - As a sharp rise in oil prices rattles global transport markets, airlines face an additional threat: the price of jet fuel has risen far faster than crude prices. Even airlines that use hedging contracts... Read More.

Goldman Sachs pushes back Fed rate cut forecast amid Mideast conflict

Thursday, March 12 by SRN News

March 12 (Reuters) - Goldman Sachs has delayed its forecast for U.S. Federal Reserve rate cuts, and now expects quarter-point reductions in September and December, citing rising inflation risks linked to the Middle East conflict. The U.S. bank had earlier projected rate cuts beginning in... Read More.

One Tech Tip: Film cameras are trendy again. Here’s an analog guide for how to use one

Thursday, March 12 by SRN News

Film photography has been undergoing a renaissance, especially with younger people who love its unique look and analog vibe. But while Gen-Zers and younger Millennials embrace film, analog cameras are not as easy to use as the digital cameras they grew up with. What... Read More.

Logistics firm GLP seeks $20 billion valuation in planned Hong Kong IPO, sources say

Thursday, March 12 by SRN News

By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, March 12 (Reuters) - Singapore-based logistics company GLP is targeting a valuation of about $20 billion with a Hong Kong initial public offering that could occur as early as this year, two people with knowledge of the... Read More.

Goldman Sachs raises Q4 Brent, WTI crude price forecast amid longer Hormuz disruption

Thursday, March 12 by SRN News

March 12 (Reuters) - Goldman Sachs raised its Brent, WTI crude oil price forecasts for the fourth quarter of 2026 to $71/67 per barrel from $66/62 as it sees longer disruption to oil flows in the Strait of Hormuz due to the U.S.-Israeli war... Read More.

Taiwan fund assets expected to rise to T$30 trillion: industry executive

Thursday, March 12 by SRN News

TAIPEI, March 12 (Reuters) - Taiwan's investment fund industry is on the verge of an aggressive expansion, with total onshore and offshore assets under management (AUM) expected to surge to T$30 trillion ($968 billion) within the next three years, the chairman of Taiwan's investment... Read More.

Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

Thursday, March 12 by SRN News

By Sam Li and Lewis Jackson BEIJING, March 12 (Reuters) - Oil prices climbed on Thursday after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran. Brent futures rose $5.69,... Read More.

Current Weather

Morning Bid: Iran widens war on shipping, Trump talks Strait

Cemex to shed some Colombia assets in $555 million deals; buyers include Holcim

Air New Zealand to cut flights as fuel price surge wreaks havoc on travel

Analysis-Airline hedging strategies fall short as jet fuel price surges

Goldman Sachs pushes back Fed rate cut forecast amid Mideast conflict

One Tech Tip: Film cameras are trendy again. Here’s an analog guide for how to use one

Logistics firm GLP seeks $20 billion valuation in planned Hong Kong IPO, sources say

Goldman Sachs raises Q4 Brent, WTI crude price forecast amid longer Hormuz disruption

Taiwan fund assets expected to rise to T$30 trillion: industry executive

Oil climbs as tankers are attacked in Iraqi waters amid Middle East war

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