Oil prices rose above $90 per barrel, their highest since 2023, while a weak U.S. jobs report pushed stocks lower and raised concerns about economic slowdown and inflation.
Gas prices in the U.S. have jumped about 14% in a week as the Iran conflict pushes oil above $90 per barrel and raises fears of supply disruptions through the Strait of Hormuz.
YouTube is expanding tests of in-app direct messaging to 31 European countries, reviving a feature first introduced in 2017 before being discontinued two years later.
Nigeria’s central bank says 30 lenders have met new capital requirements ahead of the March deadline, signaling progress in efforts to strengthen the country’s banking sector.
India may consider purchasing Russian LNG if an offer is made, according to a government source, reflecting New Delhi’s strategy of maintaining flexible and diversified energy supply options.
Pakistan is seeking oil supplies through Saudi Arabia’s Red Sea port of Yanbu to bypass the Strait of Hormuz after regional tensions raised concerns about energy supply routes.
The Kremlin has announced that Russia will not disclose specific data regarding its crude oil exports to India, raising questions about transparency and trade dynamics between the two nations.
Kuwait Petroleum Corporation says it is ready to restore oil production levels quickly once conditions permit, reassuring markets that the country’s energy infrastructure remains prepared.
Axel Springer is reportedly close to buying the Telegraph in a deal valued around £500 million, potentially marking a major cross-border acquisition in the European media industry.
Oil prices reached their highest level since 2023 amid geopolitical strain, while U.S. stocks fell after weak jobs data, raising market concerns about growth and inflation pressure.
Oil prices have climbed to a two‑year high after Qatar warned that ongoing conflict could lead Gulf energy producers to halt exports, raising fears of a supply shock and higher prices.
Executives warn AI may be quietly reshaping job markets by automating hiring systems and sidelining qualified candidates, creating an “invisible layoff” alongside broader labor shifts.
Saks Global will close 15 more stores—including 12 Saks Fifth Avenue and 3 Neiman Marcus locations—by May as part of its bankruptcy restructuring and focus on a smaller, more profitable retail footprint.
The U.S. job market shows signs of standstill as February saw unexpected job losses, slow hiring, and a cautious employer outlook, leaving workers in extended searches and uncertainty.
McDonald’s viral “Burgergate” moment, sparked by a CEO taste test, drew widespread online mockery and playful responses from rivals, revealing new dynamics in brand engagement.
Wall Street’s usual risk cushions have weakened as rising oil prices and Iran‑related geopolitical uncertainty push stocks and bonds down together, challenging traditional diversification strategies.
Airline stocks have fallen into a bear market as rising oil and jet fuel prices tied to geopolitical tensions pressure profitability and investor confidence across the global industry.
Billionaire gas station owner John Catsimatidis says recent gasoline price spikes tied to the Iran conflict are temporary and may last about a month before easing.
Crude oil prices have jumped sharply to multi‑year highs as Middle East geopolitical tensions disrupt supply routes and attempts to calm markets through political and policy measures have so far failed to ease volatility.
PIMCO warns that private credit, especially direct lending, could face a full default cycle as underwriting standards loosen and defaults and redemption pressures rise.
Costco says it will return any tariff refunds it receives to members through lower prices and better value, though the timing and outcome of the refund process remain uncertain.
Iran launched drone and missile strikes on several Amazon Web Services data centers in the Middle East amid the conflict with U.S. and Israeli forces, damaging infrastructure and disrupting cloud services.
Guangdong, China’s largest provincial economy, is accelerating its commitment to embed AI across industries, expanding computing infrastructure and commercialization in tech, manufacturing, and strategic sectors.
Day One Biopharmaceuticals agreed to be acquired by Servier for about $2.5 billion in cash, sending its stock sharply higher and stirring speculation about possible rival offers.