Business

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.

Investors seek harbour in gold as US and Israel strike Iran

Sunday, March 1 by SRN News

By Anmol Choubey and Anushree Mukherjee March 1 (Reuters) - The U.S. and Israeli strikes on Iran have intensified uncertainty across global markets, with investors closely watching potential safe-haven flows into bullion. Here is some reaction from investors, traders and analysts: EDWARD MEIR, ANALYST AT MAREX "I... Read More.

Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

Sunday, March 1 by SRN News

By Seher Dareen and Dmitry Zhdannikov LONDON, March 1 (Reuters) - Brent crude jumped 10% to about $80 a barrel over the counter on Sunday, oil traders said, while analysts predicted that prices could climb as high as $100 after U.S. and Israeli strikes on... Read More.

OPEC+ debates oil output boost as US war on Iran disrupts shipments

Sunday, March 1 by SRN News

By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, March 1 (Reuters) - OPEC+ will consider a larger-than-expected oil output increase on Sunday, two OPEC+ sources said after the U.S.-Israeli war on OPEC+ member Iran and Tehran's retaliation led to shipment disruptions in the Middle... Read More.

Middle East airports closed and thousands of travelers stranded after attack on Iran

Sunday, March 1 by SRN News

LONDON (AP) - The attack on Iran by the United States and Israel disrupted flights across the Middle East and beyond Saturday as countries around the region closed their airspace and key airports that connect Europe, Africa and the West to Asia were directly... Read More.

Trump’s Medicaid work mandates are meant to save money. But first states will have to spend millions

Sunday, March 1 by SRN News

JEFFERSON CITY, Mo. (AP) - To receive Medicaid health coverage, some adults will soon have to show they are working, volunteering or taking classes. But to gather that proof, many states first will have to spend millions of dollars improving their computer systems. Across the... Read More.

Xiaomi says February EV deliveries topped 20,000, down from January

Sunday, March 1 by SRN News

BEIJING, March 1 (Reuters) - Chinese electric vehicle maker Xiaomi said it delivered more than 20,000 vehicles in February, down from more than 39,000 in January, according to a post on its official Weibo account on Sunday. The smartphone and consumer electronics maker, which launched... Read More.

South Korea Feb exports beat forecasts, rise for ninth month

Sunday, March 1 by SRN News

By Cynthia Kim SEOUL, March 1 (Reuters) - South Korea's exports extended their growth streak to a ninth month in February as strong chip sales continued to underpin overall shipments even as uncertainties regarding U.S. tariffs cloud the outlook. Exports from Asia's fourth-largest economy, a bellwether... Read More.

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Current Weather

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

Investors seek harbour in gold as US and Israel strike Iran

Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

OPEC+ debates oil output boost as US war on Iran disrupts shipments

Middle East airports closed and thousands of travelers stranded after attack on Iran

Trump’s Medicaid work mandates are meant to save money. But first states will have to spend millions

Xiaomi says February EV deliveries topped 20,000, down from January

South Korea Feb exports beat forecasts, rise for ninth month

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