World
Gulf states have tolerated Iranian strikes so far — but their ‘defensive’ stance won’t last forever
Fire and plumes of smoke rise from an oil facility in Fujairah, United Arab Emirates, Saturday, March 14, 2026. Altaf Qadri | AP Iran’s strikes are pushing Gulf states toward a breaking point, forcing a choice between restraint and retaliation. Iran’s Gulf neighbors have been repeatedly targeted and hit by Iranian drones and missiles as […]
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Micron falls more than 5% despite blockbuster earnings. Here’s what market watchers are saying
Sopa Images | Lightrocket | Getty Images Blockbuster earnings were not enough to prevent a sharp drop in Micron Technology shares in premarket trading. The chipmaker tripled revenue in the latest quarter as results sailed past analysts’ estimates, but shares look set to fall by around 5.3% at the open as of 07:02 a.m. E.T. […]
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Alibaba revenue misses estimates in December quarter as net income drops 66%
Chinese tech giant Alibaba on Thursday reported net income had dropped 66% year-over-year, as it missed analyst revenue expectations. Here’s how Alibaba performed its fiscal quarter, ending Dec. 31, 2025: Revenue: 284.8 billion Chinese yuan ($41.4 billion), compared to the 290.7 billion Chinese yuan expected by analysts, according to data compiled by LSEG. Net income: […]
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BP offloads German refinery to Klesch, boosts cost savings target
BP said on Thursday it would sell its German oil refinery site in Gelsenkirchen to investment firm Klesch Group for an undisclosed sum and raised its cost reduction target, in the latest move to simplify its portfolio and shore up its balance sheet. The transaction forms part of the British oil major’s $20 billion divestment […]
Read MoreWhy Western playbooks fail in China — and what it takes for brands to compete
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email China’s $7 trillion consumer market was once a reliable growth engine for Western brands, but as competition intensifies and trends move at digital speed, success if no longer a given. Still, they haven’t given up. Global companies are now turning to private […]
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Europe’s central banks are no longer in a ‘good place’ as Iran war upends forecasts
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB) headquarters in Frankfurt am Main, western Germany, on Dec. 30, 2025. Kirill Kudryavtsev | Afp | Getty Images Before the war on Iran began in late February, Europe’s central banks enjoyed a more benign inflation outlook as […]
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Asia tech stocks sink as oil spike and Qatar attacks threaten chip supply chain
Images of mobile devices at the Taiwan Semiconductor Manufacturing Co. (TSMC) Museum of Innovation in Hsinchu, on Tuesday, Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Asian technology stocks fell on Thursday as Iran’s latest attacks on Qatar’s Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment, amplifying concerns […]
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Trump warns to ‘blow up’ South Pars gas field in Iran if strikes against Qatar energy continue
An Iranian security personnel monitors an area in phase 19 of the South Pars gas field in Assalooyeh on Iran’s Persian Gulf coast 1,400 km (870 miles) south of Tehran on August 23, 2016. Morteza Nikoubazl | Nurphoto | Getty Images U.S. President Donald Trump on Wednesday stateside warned that if Iran continued targeting Qatar’s […]
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