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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
JGB Yields Dip as Inflation Fears Ease Ahead of BoJ Decision
TOKYO, March 18 (Reuters) - Japanese government bond (JGB) yields dropped on Wednesday after concerns over inflation receded following a pause in oil price rally, although the decline was limited as investors awaited the Bank of Japan's upcoming policy decision.
Wed, Mar 18
Cuba Restores Power After 29-hour Blackout Amid US Oil Blockade
HAVANA, March 17 (Reuters) - Cuba has reconnected its power grid on Tuesday and brought online its largest oil-fired power plant, energy officials said, putting an end to a nationwide blackout that lasted more than 29 hours amid a U.S. move to choke off the island's fuel supply.
Wed, Mar 18
Asia demand powers Japan's exports for sixth month as Iran war risks grow
February exports +4.2% yr/yr vs forecast +1.6%Imports +10.2% yr/yr vs forecast +11.5%Middle East conflict looms as significant risk to Japan's economyJapan is heavily reliant on energy imports to power industriesBy Makiko Yamazaki TOKYO, March 18 (Reuters) - Japan's exports rose for a six...
Wed, Mar 18
Oil Prices Drop as U.S. Crude Inventories Show an Increase
BEIJING, March 18 (Reuters) - Oil prices slightly fell on Wednesday morning after sources citing American Petroleum Institute figures showed an increase in U.S. crude inventories.
Wed, Mar 18
Iran Rejects De-escalation as Israel Kills Iranian Security Chief
DUBAI/JERUSALEM, March 17 (Reuters) - Iran's security chief Ali Larijani was killed by Israel, the government confirmed on Tuesday, the most senior figure targeted since the U.S.-Israeli war's first day, while a senior Iranian official said Iran's new supreme leader rejected de-escalation offers con
Wed, Mar 18
Lululemon Forecasts Softer 2026 Amid Demand Strains, Taps Ex-ceo of Levi for Board
March 17 (Reuters) - Lululemon LULU.O forecast 2026 revenue and profit below analysts' estimates on Tuesday and appointed a former chief of jeans maker Levi Strauss LEVI.N to the board, which is facing a proxy fight.
Wed, Mar 18
FOREX-Dollar Holds Losses as Risk Appetite Flickers Ahead of Central Bank Meetings
TOKYO, March 18 (Reuters) - The dollar held losses on Wednesday as a glimmer of risk appetite came back to markets ahead of a slate of key central bank decisions.
Wed, Mar 18
EXCLUSIVE-Nvidia Preparing Groq Chips That Can Be Sold in Chinese Market, Sources Say
SAN JOSE, California, March 17 (Reuters) - Nvidia is preparing a version of its Groq artificial-intelligence chips that can be sold to the Chinese market, two sources familiar with the matter told Reuters on Tuesday.
Wed, Mar 18
US STOCKS-Wall Street Ends up as Traders Turn to Fed
March 17 (Reuters) - Wall Street ended higher on Tuesday, with gains in Delta Air Lines and other travel stocks, while the Federal Reserve began its two-day policy meeting amid investors' worries about high oil prices and the Middle East conflict.
Wed, Mar 18
Prices Rise as Attacks in Middle East and LNG Supply Fears Continue
By Nina Chestney LONDON, March 17 - Benchmark Dutch wholesale gas prices rose on Tuesday morning, in line with the crude oil market, as the U.S.-Israeli war on Iran continued and with little prospect of unlocking oil and gas exports through the Strait of Hormuz in the short term.The benchmark Dut...
Tue, Mar 17
