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EU Leaders Hunt for Quick Fixes to Energy Price Spike Amid Iran War
European Union leaders will attempt to find quick fixes to curb the jump in energy prices triggered by the Iran war when they meet for a summit on Thursday, but they have few easy options.
Thu, Mar 19
Gold Comes Off One-month Low on Dollar Pause; Hawkish Fed Caps Gains
Gold rose on Thursday after briefly touching a more than one-month low, as a pause in the U.S. dollar rally offered support, but gains were capped by a hawkish Federal Reserve, which limited hopes for near-term rate cuts.
Thu, Mar 19
China Set to Keep Rates Steady as Mideast War Clouds Inflation Outlook
China is expected to keep benchmark lending rates steady for the 10th consecutive month in March on Friday, a Reuters survey showed, as rising global oil prices driven by heightened Middle East tensions add uncertainty to the inflation outlook.
Thu, Mar 19
Voters Rocked by War and Tariffs Could Add to Market Angst in Upcoming Elections
Voters grappling with unprecedented turmoil head to the polls in more than 50 countries this year, with the opportunity to make clear their views on their governments' strategies for wars, tariffs and economic strife.
Thu, Mar 19
Qatar says Iran attacked LNG hub; UAE shuts gas facilities
Iranian missile attacks cause extensive damage to Qatar's LNG facilitiesTrump warns of massive response if Iran attacks Qatari LNG againUAE shuts gas facilities after intercepting missiles, no injuries reportedQatar expels Iranian attaches, condemns attack as national security threatBy Yomna Eha...
Thu, Mar 19
GRAINS-Chicago Soybeans Extend Gains As Firmer Crude Oil Supports Prices
BEIJING, March 19 (Reuters) - Chicago soybean futures climbed on Thursday, tracking gains in crude oil prices, while investors weighed the market impact of the military conflict in the Middle East.
Thu, Mar 19
GLOBAL MARKETS-Stocks Slump, Oil Gains on Worsening War in Middle East
SINGAPORE, March 19 (Reuters) - Stocks slid, oil prices jumped while the U.S. dollar was steady on Thursday after major escalation in the U.S. and Israel's war with Iran rattled investors while hawkish tone from the Federal Reserve set the stage for the rest of the central bank meetings.
Thu, Mar 19
European Airlines Look to Shake Off Green Agenda as Fuel Prices Soar
BRUSSELS, March 19 (Reuters) - European airline chiefs are meeting in Brussels on Thursday under the cloud of war in the Middle East and rising oil prices, looking to push back against the EU's green agenda and what the industry says are cumbersome rules surrounding sustainable jet fuel.
Thu, Mar 19
UK to Cut Steel Import Quotas, Raise Tariffs to Protect Domestic Industry
LONDON, March 19 (Reuters) - Britain will lower its tariff-free quota on imported steel and double the tariff on imports exceeding that quota, the government said on Thursday, launching a plan to protect its small but strategically and politically sensitive steel sector.
Thu, Mar 19
EXCLUSIVE-US Weighs Military Reinforcements as Iran War Enters Possible New Phase
WASHINGTON, March 18 (Reuters) - President Donald Trump's administration is considering deploying thousands of U.S. troops to reinforce its operation in the Middle East, as the U.S. military prepares for possible next steps in its campaign against Iran, said a U.S. official and three people familiar
Thu, Mar 19
Oil extends gains to rise 5.6% after Iran attacks Gulf energy facilities
Oil exports from Iraq and Libya resume Wednesday amid security, economic challengesQatar , Saudi Arabia hit by missile attacks from IranBrent, WTI futures extend gains in post-settlement tradeBy Siddharth Cavale NEW YORK, March 18 (Reuters) - Oil prices settled higher on Wednesday and climbed...
Wed, Mar 18
Israel steps up Beirut strikes, hits bridges in south Lebanon
Israel targets two bridges in south LebanonFears mount of large-scale Israeli ground operationAirstrikes target two Beirut buildings, a third destroyed At least 10 killed in Lebanese capital, authorities sayBy Laila Bassam, Mohamed Azakir, Tom Perry and Khalil Ashawi BEIRUT, March 18 (Reuters) - ...
Wed, Mar 18
Microsoft considers legal action over $50 billion Amazon-OpenAI cloud deal, FT reports
March 18 (Reuters) - Microsoft MSFT.O is considering legal action against its partner OpenAI and Amazon AMZN.O over a $50 billion deal that could violate its exclusive cloud agreement with the ChatGPT maker, the Financial Times reported on Wednesday.Last month, Amazon and OpenAI signed several agree...
Wed, Mar 18
Nvidia gets Beijing's nod for H200 chip sales, adapts Groq chip for China, sources say
Chinese authorities approve H200 AI chip sales, source saysNvidia restarting manufacturing of H200 chips, CEO saysNvidia preparing Groq chips for sale in China, sources sayBy Karen Freifeld, Max A. Cherney and Liam Mo NEW YORK, March 17 (Reuters) - Nvidia NVDA.O has won Beijing's approval to ...
Wed, Mar 18
China Makes Energy Security 'Reunification' Offer to Taiwan Amid Middle East War
BEIJING, March 18 (Reuters) - China offered on Wednesday what it said would be energy stability to Taiwan if it agreed to Beijing's rule, part of a campaign by China to convince the island of the benefits of "reunification", which it has long rejected.
Wed, Mar 18
Samsung's unionised workers in South Korea approve strike plan
Samsung Electronics' 005930.KS unionised workers in South Korea voted on Wednesday to authorise a strike, deepening a labour dispute over bonuses and raising the risk of production disruptions at the world's biggest memory chipmaker.
Wed, Mar 18
Japan's leader faces high-wire act in Washington over Trump's Iran demands
Japanese Prime Minister Sanae Takaichi visits the White House on Thursday for meetings that offer U.S. President Donald Trump a chance to lean on a key security partner for support in his Iran war, threatening to strain a decades-old alliance.
Wed, Mar 18
Asian stocks rally as oil retreats, Fed in spotlight
Asian shares rallied on Wednesday as oil prices paused gains, with markets turning to the U.S. Federal Reserve meeting to see how policymakers will balance growth and inflation risk amid conflict in the Middle East.
Wed, Mar 18
Amazon plans sharp cut in packages it sends through US Post Office, source says
Amazon, USPS have been negotiating new contract for over a yearAmazon says USPS walked away; USPS says it is still negotiatingUSPS faces cash crunch; needs auction to raise fundsUSPS auction adds uncertainty, Amazon saysBy David Shepardson WASHINGTON, March 17 (Reuters) - Amazon.com AMZN.O plans ...
Wed, Mar 18
Gold Steady as Investors Weigh Mideast Risks Ahead of Fed Decision
March 18 (Reuters) - Gold prices held steady on Wednesday as investors stayed on the sidelines, assessing the economic impact of the Middle East conflict ahead of the U.S. Federal Reserve's policy decision.
Wed, Mar 18
