As turmoil continues in the Middle East, the price of crude oil rose to more than $100 a barrel on Monday. The BBC's Nick Marsh examines why the conflict is pushing up prices, and what that could mean for you.
As turmoil continues in the Middle East, the price of crude oil rose to more than $100 a barrel on Monday. The BBC's Nick Marsh examines why the conflict is pushing up prices, and what that could mean for you.
A protected Hong Kong wetland on southern Lantau Island has recorded a high concentration of petroleum following an oil spill in September, with levels up to 40 times higher than those in unaffected areas, according to an environmental group’s study. Greenpeace in Hong Kong said the high concentration could threaten local ecology. It urged authorities to investigate the oil spill and include unpro...
A protected Hong Kong wetland on southern Lantau Island has recorded a high concentration of petroleum following an oil spill in September, with levels up to 40 times higher than those in unaffected areas, according to an environmental group’s study. Greenpeace in Hong Kong said the high concentration could threaten local ecology. It urged authorities to investigate the oil spill and include unprotected sites with high ecological value in the priority conservation projects under the Biodiversity Strategy and Action Plan, with clear implementation details and timelines. The study released on Monday found that 70 per cent of the 18 soil and water samples collected from affected wetlands in a conservation area in South Lantau’s Pui O showed significantly higher petroleum hydrocarbon (TRH) levels. Advertisement Andy Chu Kong, a campaigner for the group, said the Environmental Protection Department claimed it had received no reports of leaks from nearby construction sites and had only coordinated clean-up without investigating the source or enforcing regulations. “This ultimately allowed the matter to be swept under the carpet, amounting to condoning ecological destruction,” Chu said, adding the department would be breaching its conservation commitments if it failed to implement and enforce policies effectively. Advertisement “This would also allow Pui O to continue to suffer various forms of environmental degradation, which would result in habitat degradation and fragmentation, threatening the precious natural ecology and rich biodiversity of Lantau Island,” he said.
Over the past 12 months, a series of political and military crises has erupted in different parts of the world. Do they have anything in common? On the surface, the dramas in Iran, Panama, Venezuela and Greenland look separate, each with its own cast, excuse and headlines. What links them is not ideology, or the public language used to sell each move. It is the map. Advertisement Put those points ...
Over the past 12 months, a series of political and military crises has erupted in different parts of the world. Do they have anything in common? On the surface, the dramas in Iran, Panama, Venezuela and Greenland look separate, each with its own cast, excuse and headlines. What links them is not ideology, or the public language used to sell each move. It is the map. Advertisement Put those points together and a harder question comes into view. Are we watching a run of unrelated crises or a contest over routes, ports, oil and access? Start with the immediate results. China is losing room to manoeuvre in two oil markets that mattered to it, Venezuela and Iran. Freight risk has gone up across Asia. Insurance costs have risen. Russia has more room to sell crude oil to China. Those are not abstract outcomes. They are real costs, felt now. Advertisement The effect is not confined to China. It falls across Asia because this is where the trade shock and the energy shock meet. The region remains a manufacturing base and a destination for Gulf oil. When routes tighten, Asia pays twice: once through freight and once through fuel.
Westend61 | Westend61 | Getty Images A system designed to help small 401(k) balances follow workers to their next job is running into a snag: Roth accounts. The Portability Services Network, a coalition of large 401(k) administrators — including Fidelity Investments, Vanguard Group and Alight Solutions, among others — in conjunction with Retirement Clearing House, has been in operation since late ...
Westend61 | Westend61 | Getty Images A system designed to help small 401(k) balances follow workers to their next job is running into a snag: Roth accounts. The Portability Services Network, a coalition of large 401(k) administrators — including Fidelity Investments, Vanguard Group and Alight Solutions, among others — in conjunction with Retirement Clearing House, has been in operation since late 2023. Its purpose is to address the problem of small-balance 401(k)s being left behind when employees leave their company — which can result in workers losing track of their retirement savings or cashing out. Typically, when you part ways with an employer, you can leave your money in their 401(k) plan if the account value is above $7,000. Balances under $1,000 that you leave behind usually result in the plan cashing you out and mailing you a check, which may be taxable and subject to a 10% penalty if you're under age 59½. Read more CNBC personal finance coverage In a jobs apocalypse, look to 'AI-proof' skilled trades, career experts say Middle-income homebuyers have $30,000 more buying power than a year ago Average IRS tax refund is up 10.6%, early filing data shows GOP 'big beautiful bill' to deal 'shock' to the ACA marketplace: health experts As millions claim Trump's 'no tax on overtime' deduction, filers risk mistakes S&P 500 shrugs off 1% daily drops all the time. Investors can too, advisors say Where investors can look for stability as the Iran war rattles markets What the Iran war market turmoil means for those nearing retirement Musk says Grok can help with your taxes. What experts say about AI and tax prep New bill would update anti-poverty program, 'a critical lifeline': Warren There's a push to cut capital gains taxes on home sales to add supply for buyers Iran war and your portfolio: Historical stock market patterns investors should know Trump says '401(k)s are way up' — but workers are tapping them at record rates AI, layoffs spur workers to want a career chang...
TEL AVIV, March 09, 2026 (GLOBE NEWSWIRE) -- Nasus Pharma Ltd. (NYSE: NSRX) ("Nasus Pharma" or the "Company"), a clinical-stage pharmaceutical company focused on the development of innovative intranasal products, today announced that members of the Company’s management will host a conference call and webcast on Monday, March 16, 2026, at 8:00 a.m. ET to present and discuss the topline analysis fro...
TEL AVIV, March 09, 2026 (GLOBE NEWSWIRE) -- Nasus Pharma Ltd. (NYSE: NSRX) ("Nasus Pharma" or the "Company"), a clinical-stage pharmaceutical company focused on the development of innovative intranasal products, today announced that members of the Company’s management will host a conference call and webcast on Monday, March 16, 2026, at 8:00 a.m. ET to present and discuss the topline analysis from the Phase 2 repeated dose clinical study of NS002, the Company’s intranasal powder epinephrine product candidate. A question-and-answer session will follow the data presentation. Conference call & webcast info: Monday, March 16, 2026, at 08:00 a.m. ET Individuals may register for the webcast at the following link: Webcast registration (https://viavid.webcasts.com/starthere.jsp?ei=1755620&tp_key=9fc412bf2a) Dial-in numbers for the conference call are: US: 1-877-704-4453 International: 1-201-389-0920 Following the conference call, a recording of the webcast will be available on Nasus Pharma’s investor relations website at https://ir.nasuspharma.com/investors/events/. About Nasus Pharma Nasus Pharma is a clinical-stage pharmaceutical company developing a number of intranasal powder products addressing acute medical conditions in the community. NS002, Nasus’ intranasal powder Epinephrine product candidate is being developed as a needle-free alternative to Epinephrine autoinjectors for patients with anaphylaxis. Intranasal administration is most suitable for those situations in which rapid drug delivery is required and offers needle-free, easy-to-use alternatives. Nasus’ proprietary powder-based intranasal (“PBI”) technology is designed for rapid and reliable drug delivery, leveraging the nasal cavity’s rich vascular network for quick absorption. The PBI formulation uses uniform spherical powder particles for broad dispersion and potentially faster, higher absorption compared to liquid-based nasal products. For further information about the Company, please visit www.nasuspharm...
This year is setting up to be an important one for Rivian Automotive (NASDAQ: RIVN) investors, especially considering the company is trying to reverse its 2025 $3.6 billion net loss and 18% delivery decline. After a long battle with tariff impacts, policy changes, and no new-vehicle launches last year, Rivian investors are ready to shift into a higher gear. The good news is that's exactly what Riv...
This year is setting up to be an important one for Rivian Automotive (NASDAQ: RIVN) investors, especially considering the company is trying to reverse its 2025 $3.6 billion net loss and 18% delivery decline. After a long battle with tariff impacts, policy changes, and no new-vehicle launches last year, Rivian investors are ready to shift into a higher gear. The good news is that's exactly what Rivian's CEO R.J. Scaringe expects to see. "I believe 2026 will be an inflection point for our business," Scaringe said on the fourth-quarter earnings call Feb. 12, according to Automotive News . "R2 is an exceptional vehicle and I believe will be a game changer for our customers, our company and the industry." The R2 will be critical for Rivian to reverse its sales and delivery decline as the automaker's first mass-market vehicle. After last year's delivery decline, the R2, with a price target around $45,000, is expected to drive 2026 deliveries to between 62,000 and 67,000. R2 deliveries should begin during the second quarter before adding a second shift toward the end of the year and adding a third shift in 2027. Continue reading
Sienna Gestion boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 51.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,898 shares of the wireless technology company's stock after purchasing an additional 28,065 shares during the period. Qualcomm comprises approximately 0.9% of Sien...
Sienna Gestion boosted its holdings in shares of Qualcomm Incorporated (NASDAQ:QCOM - Free Report) by 51.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,898 shares of the wireless technology company's stock after purchasing an additional 28,065 shares during the period. Qualcomm comprises approximately 0.9% of Sienna Gestion's investment portfolio, making the stock its 25th biggest position. Sienna Gestion's holdings in Qualcomm were worth $12,574,000 at the end of the most recent quarter. Get Qualcomm alerts: Sign Up Other large investors have also recently modified their holdings of the company. Norges Bank acquired a new position in shares of Qualcomm during the 2nd quarter worth $2,713,603,000. Amundi boosted its stake in Qualcomm by 38.2% in the second quarter. Amundi now owns 11,533,094 shares of the wireless technology company's stock valued at $1,866,451,000 after buying an additional 3,186,524 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Qualcomm by 36.8% in the third quarter. Dimensional Fund Advisors LP now owns 6,552,427 shares of the wireless technology company's stock valued at $1,090,025,000 after buying an additional 1,764,252 shares in the last quarter. Viking Global Investors LP grew its position in Qualcomm by 120.1% in the second quarter. Viking Global Investors LP now owns 3,152,866 shares of the wireless technology company's stock valued at $502,125,000 after acquiring an additional 1,720,529 shares during the last quarter. Finally, Rafferty Asset Management LLC raised its stake in Qualcomm by 59.1% during the second quarter. Rafferty Asset Management LLC now owns 4,418,406 shares of the wireless technology company's stock worth $703,675,000 after acquiring an additional 1,641,068 shares in the last quarter. Institutional investors and hedge funds own 74.35% of the company's stock. Analyst Upgrades and Downgrades QCOM has been th...
Mexico’s annual inflation accelerated more than expected in February, after the central bank paused an extended easing cycle to assess the impact of new taxes and tariffs. Consumer prices rose 4.02% in February compared to the same month last year, according to the national statistics institute. The reading came in above the 3.94% median estimate of analysts surveyed by Bloomberg and up from Janua...
Mexico’s annual inflation accelerated more than expected in February, after the central bank paused an extended easing cycle to assess the impact of new taxes and tariffs. Consumer prices rose 4.02% in February compared to the same month last year, according to the national statistics institute. The reading came in above the 3.94% median estimate of analysts surveyed by Bloomberg and up from January’s 3.79% print. Core inflation , which excludes volatile food and fuel prices, slowed slightly to 4.50% from a year ago, compared to 4.52% in January, in line with the 4.5% median estimate. The central bank targets 3% inflation, plus or minus one percentage point. Banxico, as the central bank is known, kept its key rate at 7% in a unanimous decision at its last meeting on Feb. 5 after delivering 12 straight cuts from 11% over 18 months. Policymakers cited “a higher-than-anticipated trajectory for core inflation” for deciding to pause and also revised their estimate of when consumer prices would converge to target to the second quarter of 2027. Tomatoes, potatoes, and other root vegetables, as well as lunch stalls, diners, torta shops, and taco restaurants had the largest price increases in February. On the contrary, LP domestic gas, eggs, and chicken decreased in price. Banxico Governor Victoria Rodriguez Ceja said last month there’s been no secondary effect on prices stemming from the recent tax hikes on products including sweetened drinks and cigarettes. She added that the government’s newly enacted tariffs on Asian imports haven’t affected prices, supporting market expectations that Banxico will cut the interest rate at its next meeting on March 26. “Core inflation came in line with expectations, confirming no evidence from Asian tariffs at this stage,” said Marco Oviedo , senior strategist at XP Investimentos in a note to clients. “This would be sufficient for the board to start discussing a potential cut in the March meeting, as recent market volatility should be per...
UAE, Kuwait and later Saudi Arabia announced that they are curbing oil output as the impact of the near-closure of the crucial Strait of Hormuz rips through energy markets. Crude surged past $100 per barrel in early trading with Brent futures nearing $120 before paring gains. Meanwhile, European natural gas futures jumped as much as 30%, extending its biggest weekly advance since the start of the ...
UAE, Kuwait and later Saudi Arabia announced that they are curbing oil output as the impact of the near-closure of the crucial Strait of Hormuz rips through energy markets. Crude surged past $100 per barrel in early trading with Brent futures nearing $120 before paring gains. Meanwhile, European natural gas futures jumped as much as 30%, extending its biggest weekly advance since the start of the Iran conflict. Elsewhere, Iran selected Mojtaba Khamenei, the hardline son of the assassinated Ayatollah Ali Khamenei, as its new supreme leader, signaling Tehran won’t back down in a war now raging across the Middle East and causing turmoil in energy markets. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Lizzy Burden and Tom Mackenzie. (Source: Bloomberg)
syahrir maulana/iStock via Getty Images Portfolio Review Stocks advanced. The U.S. government shutdown that began in October and dragged into November did not deter investors, even as it delayed or eliminated the release of key economic data. U.S. stocks rose during the quarter. Large-cap stocks slightly outperformed small-cap stocks, and both outperformed mid-cap stocks. Value style stocks outper...
syahrir maulana/iStock via Getty Images Portfolio Review Stocks advanced. The U.S. government shutdown that began in October and dragged into November did not deter investors, even as it delayed or eliminated the release of key economic data. U.S. stocks rose during the quarter. Large-cap stocks slightly outperformed small-cap stocks, and both outperformed mid-cap stocks. Value style stocks outperformed growth-style stocks across the market-capitalization spectrum. Both the economy and corporate earnings surged. The economy advanced at an annualized rate of 4.3% in the third quarter, compared with 3.8% in the second quarter. Corporate earnings also advanced. Inflation moderated, but unemployment rose to 4.6% in November, the highest since September 2021. The Federal Reserve lowered its benchmark rate by 0.25% twice in response to the weakness in the labor market. Health care lagged. Our relative underperformance was due to both allocation decisions and stock selection. Biotechnology, pharmaceuticals and life sciences tools and services stocks rallied near the end of the quarter, and our lack of exposure to these outperforming industries hindered results as many of these companies are not yet profitable and we believe they don't meet our requirements for investment. Positions in Embecta and Enovis also underperformed. Materials underperformed. Metals and mining companies outperformed due to strong base metals prices. As a result, our lack of exposure to companies in this industry hampered results compared to the benchmark. A large position in Graphic Packaging Holding also detracted due to weaker-than-expected unit volumes and an abrupt change in its CEO. Information technology contributed. While the sector's outperformance was mostly due to avoidance of bitcoin miners, stock selection also contributed. Strong results from Amkor Technology and Kulicke & Soffa Industries more than offset weakness in Axcelis Technologies, which declined following the announcement of an...
Anthropic (ANTH.PVT) continued to clash with the Defense Department after the artificial intelligence startup was notified that it was designated a "supply chain risk for national security" by the US government. In a blog post, Anthropic CEO Dario Amodei vowed to fight the action, which is usually reserved for foreign adversaries, writing that Anthropic has "no choice but to challenge it in court....
Anthropic (ANTH.PVT) continued to clash with the Defense Department after the artificial intelligence startup was notified that it was designated a "supply chain risk for national security" by the US government. In a blog post, Anthropic CEO Dario Amodei vowed to fight the action, which is usually reserved for foreign adversaries, writing that Anthropic has "no choice but to challenge it in court." In the post, Amodei also said he resumed negotiations with the Defense Department to put a military contract back on the table. OpenAI (OPAI.PVT) reached a deal with the government last week, which elicited pushback from employees and users, including the lab's hardware and robotics leader, Caitlin Kalinowski, who resigned over concerns about the deal with the Pentagon. Anthropic and OpenAI were also in focus after Nvidia (NVDA) CEO Jensen Huang's suggestion that the chipmaker's multibillion-dollar investments in the startups could be the last of their kind for a while. Nvidia has also reportedly halted production of China-bound H200 chips, the Financial Times reported, as regulatory efforts in Washington and Beijing have restricted imports to the Chinese market. And earlier this week, tech watchers were also treated to a slew of product announcements from Apple (AAPL). The product release list included a new low-cost MacBook Neo computer, an entry-level iPhone 17e smartphone, two new iPad Airs, and new MacBook Air and MacBook Pro laptops with more powerful M5 chips. Follow along for the latest updates on the tech sector. LIVE 57 updates
Funtap/iStock via Getty Images Geopolitical events dominated the first trading week of March 2026. The start of U.S. and Israeli military operations against Iran prompted a sharp rise in oil prices as Iran's military launched ballistic missile attacks against Persian Gulf nations and threatened shipping traffic through the strategic chokepoint of the Strait of Hormuz. That escalation prompted mari...
Funtap/iStock via Getty Images Geopolitical events dominated the first trading week of March 2026. The start of U.S. and Israeli military operations against Iran prompted a sharp rise in oil prices as Iran's military launched ballistic missile attacks against Persian Gulf nations and threatened shipping traffic through the strategic chokepoint of the Strait of Hormuz. That escalation prompted marine insurers to cancel war risk coverage for oil container ships, which, in turn, sharply reduced shipments of oil out of the Persian Gulf as shippers were unwilling to risk transiting the strait. The resulting new constraint on the 20% of global oil supply that is transported from the oil-rich nations of the Persian Gulf caused the global price of oil to jump over ten percent . The increase in oil prices put central banks on notice to combat inflation. In the U.S., the prospects for additional interest rate cuts by the Federal Reserve during 2026 dimmed in response to the development. The CME Group's FedWatch Tool projects the Fed will delay an expected quarter-point reduction in the Federal Funds Rate until 29 July (2026-Q3), six weeks later than what was anticipated a week earlier. The tool also projects another quarter-point rate cut on 9 December (2026-Q4). The effect on stock prices, however, was more muted. The S&P 500 ( SPX ) declined 2.0% from its previous week's close to end the trading week at 6,740.02 . The latest update of the alternative futures chart shows the trajectory of the index is still within the red zone forecast range we introduced in the previous edition of the S&P 500 chaos series, but instead of being in the middle, it moved near the lower end of the range. Although geopolitics delivered the week's biggest news, other news influenced investor expectations of the future as well. Here are the week's market-moving headlines: Monday, 2 March 2026 Signs and portents for the U.S. economy: Oil jumps to multiyear high as Hormuz disruption shakes global sup...