EU offers to pay Ukraine to fix oil pipeline at the center of Ukraine-Hungary feud toggle caption Sven Kaestner/AP BRUSSELS — Top European Union officials said Tuesday they have offered to pay Ukraine to repair a damaged pipeline meant to carry crude oil to Hungary, in a bid to persuade the government in Budapest to lift its veto on a massive aid package to the war-wracked country. Ukraine and Hun...
EU offers to pay Ukraine to fix oil pipeline at the center of Ukraine-Hungary feud toggle caption Sven Kaestner/AP BRUSSELS — Top European Union officials said Tuesday they have offered to pay Ukraine to repair a damaged pipeline meant to carry crude oil to Hungary, in a bid to persuade the government in Budapest to lift its veto on a massive aid package to the war-wracked country. Ukraine and Hungary have been locked in an escalating feud since Russian oil deliveries to Hungary and Slovakia were halted in January due to damage to the Druzhba pipeline, which crosses Ukrainian territory. Ukrainian officials have blamed the damage on Russian drone attacks. Hungary's nationalist prime minister, Viktor Orbán, has accused Ukrainian President Volodymyr Zelenskyy of deliberately holding up oil supplies — claims that Zelenskyy denies. In retaliation, Orbán has vetoed a major 90-billion-euro ($106 billion) EU loan to cover Ukraine's military and economic needs for two years. Hungary is also blocking a new round of EU sanctions against Russia. Sponsor Message EU officials said in a statement Tuesday that the bloc "has offered Ukraine technical support and funding" to fix the pipeline. "The Ukrainians have welcomed and accepted this offer. European experts are available immediately," European Council President António Costa and European Commission President Ursula von der Leyen said. Zelenskyy is vehemently opposed to allowing Russian energy to transit through Ukraine. Energy revenue has fueled the four-year war waged by President Vladimir Putin on his country, and Russian forces have relentlessly targeted Ukraine's energy infrastructure throughout the conflict. But he wrote Tuesday that Ukraine is "undertaking all possible efforts to repair the damage and restore operations." Costa and von der Leyen wrote to Zelenskyy Monday, saying that they hope the EU offer of funding and technical help "can pave the way for overcoming the current blockage and ensure for the rapid repair o...
Thx4Stock/iStock via Getty Images By Elior Manier It has been what felt like a few years since the previous FOMC, with what resembles a totally different market since. Since January 28, oil is up close to 60%, silver is down 25%, previously indestructible US indexes have eased between 3% to 5%, and the world is now looking very different. Asset Performance since the January FOMC – March 17, 2026. ...
Thx4Stock/iStock via Getty Images By Elior Manier It has been what felt like a few years since the previous FOMC, with what resembles a totally different market since. Since January 28, oil is up close to 60%, silver is down 25%, previously indestructible US indexes have eased between 3% to 5%, and the world is now looking very different. Asset Performance since the January FOMC – March 17, 2026. Source: TradingView But what is probably the most overlooked market development remains the US dollar, aka the petrodollar, which reached 10-month highs last Friday, as record bearish positioning led to swift position closures; hence, rebounds. The global reserve currency takes the upper hand when it comes down to a squeeze in oil prices, with countries around the globe forced to hedge and trade in US dollars for ever-more expensive barrels of crude. This phenomenon also got magnified by the swift pricing out of Fed cuts, going from 65 bps pre-conflict to the current ~20 bps. We will dive into an intraday chart outlook for all major FX currency pairs and provide trading levels for the upcoming FOMC event, as traders are anxiously awaiting the Fed's own economic projections and impacts from the conflict. All FX Majors Charts with the key levels in play for the March FOMC NZD/USD 4H Chart and technical levels NZD/USD 4H Chart, March 17, 2026, Source: TradingView FOMC Trading Levels for NZD/USD: Resistance Levels 4H 50-period MA 0.58780 0.5885 to 0.59 momentum pivot 0.5930 to 0.5950 (+/- 70 pips) pivotal resistance March resistance 0.60 to 0.60150 July 2025 resistance 0.6060 to 0.6070 Support Levels 0.5850 December high pivotal support 0.5770 to 0.5790 mini support Main support 0.5720 to 0.5750 USD/JPY 4H Chart and technical levels USD/JPY 4H Chart, March 17, 2026, Source: TradingView FOMC Trading Levels for USD/JPY: Resistance Levels 158.50 to 159.50 2026 major resistance 159.75 2026 highs April 2024 160.00 to 160.40 major resistance Support Levels 4H 50-period MA 158.63 Dec ...
Amazon.com Inc. (AMZN) continues to receive strong analyst support, reinforcing a bullish outlook on the stock despite broader macro uncertainty. Needham & Company reiterated its Buy rating with a 12 month $265 price target, implying meaningful upside from current levels around $215. Citigroup also maintained its Buy rating, signaling continued confidence across multiple institutions. From a funda...
Amazon.com Inc. (AMZN) continues to receive strong analyst support, reinforcing a bullish outlook on the stock despite broader macro uncertainty. Needham & Company reiterated its Buy rating with a 12 month $265 price target, implying meaningful upside from current levels around $215. Citigroup also maintained its Buy rating, signaling continued confidence across multiple institutions. From a fundamental perspective, these reiterations reflect confidence in Amazon’s multi-engine growth model, particularly its high-margin AWS cloud segment, expanding advertising business, and ongoing cost discipline in retail operations. Analysts are effectively signaling that Amazon remains a core large-cap growth holding, with improving profitability and operating leverage expected to drive earnings upside. From a valuation standpoint, the maintained Buy ratings suggest analysts believe the stock is still undervalued relative to its long-term earnings power, especially as margins recover and AI-related demand supports AWS growth. The consistency of these ratings across firms also indicates high conviction and low dispersion in analyst views, which is typically a bullish signal. Overall, the takeaway is that institutional sentiment on Amazon remains firmly positive, with analysts viewing recent performance as part of a broader earnings expansion cycle, rather than a peak, and expecting continued outperformance relative to the broader market.
Samsung Electronics ( SSNLF ) confirmed plans for volume production of Tesla's ( TSLA ) chips at its Texas factory starting in the second half of 2027, Reuters reported. This deal boosts Samsung's ( SSNLF ) foundry division and supports Tesla's ( TSLA ) AI ambitions. The update was shared by Han Jin-man, head of Samsung’s foundry business, during a shareholders’ meeting in Suwon, south of Seoul , ...
Samsung Electronics ( SSNLF ) confirmed plans for volume production of Tesla's ( TSLA ) chips at its Texas factory starting in the second half of 2027, Reuters reported. This deal boosts Samsung's ( SSNLF ) foundry division and supports Tesla's ( TSLA ) AI ambitions. The update was shared by Han Jin-man, head of Samsung’s foundry business, during a shareholders’ meeting in Suwon, south of Seoul , the report added . Previously, in July last year, Elon Musk had announced that Samsung's ( SSNLF ) new Texas fab will be dedicated to Tesla's ( TSLA ) next-generation AI chips like the AI6. Shortly after which, the South Korean giant confirmed a $16.5B contract for semiconductor supply running through 2033, focused on Tesla's ( TSLA ) autonomous driving tech. More on Tesla, Samsung Electronics Tesla Has Just Shared Game-Changing News (Rating Upgrade) Tesla's Future Bets Are Expensive Dreams Something Can Still Save Tesla (Rating Downgrade) Samsung Electronics considers longer-term memory chip deals to steady supply Samsung closes chapter on Galaxy Z Trifold three months after U.S. launch: report
(RTTNews) - Frontera Energy Corp. (FEC.TO, FECCF) reported Wednesday sharply wider net loss in its fourth quarter, reflecting impairment charges mainly related to the planned divestment of the Colombian E&P Assets Portfolio, as well as lower net sales. Frontera last week announced its definitive arrangement agreement to divest its upstream Colombian exploration and production business to Parex Res...
(RTTNews) - Frontera Energy Corp. (FEC.TO, FECCF) reported Wednesday sharply wider net loss in its fourth quarter, reflecting impairment charges mainly related to the planned divestment of the Colombian E&P Assets Portfolio, as well as lower net sales. Frontera last week announced its definitive arrangement agreement to divest its upstream Colombian exploration and production business to Parex Resources Inc. (PXT.TO, PARXF) for an equity consideration of up to $525 million. The special meeting of shareholders to approve the divestiture is on April 30. The latest quarterly results included non-cash impairment related to the divestment of the Colombian E&P Assets Portfolio of $603 million, and the Guyana Interest of $17 million. In the fourth quarter, net loss was $660.45 million, compared to prior year's net loss of $29.40 million. Net loss for the period from continuing operations was $663.35 million or $9.51 per share, compared to loss of $20.49 million or $0.25 per share last year. Operating EBITDA from continuing operations was $68.91 million, lower than $109.62 million last year. Net sales declined to $173.61 million from $205.17 million a year ago. In the quarter, total crude oil production dropped to 35,614 barrels per day or bbl/d from 38,224 bbl/d last year. Net sales realized price declined to $56.14/boe from $63.04/boe a year ago. In connection with the deal with Parex, and considering the transaction's effective date of January 1, 2026, the company has determined to suspend the declaration and payment of its quarterly dividend until the transaction is finalized. In Toronto, Frontera Energy shares closed Tuesday's regular trading at C$13.67, down 0.29 percent. For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
March 18 (Reuters) - Microsoft is weighing legal action against Amazon and OpenAI over a $50 billion deal that could breach Microsoft's exclusive cloud partnership with the ChatGPT maker, the Financial Times reported on Wednesday. The issue centres on whether Amazon Web Services can offer OpenAI's new commercial product, called Frontier, without violating the deal that requires all acces...
March 18 (Reuters) - Microsoft is weighing legal action against Amazon and OpenAI over a $50 billion deal that could breach Microsoft's exclusive cloud partnership with the ChatGPT maker, the Financial Times reported on Wednesday. The issue centres on whether Amazon Web Services can offer OpenAI's new commercial product, called Frontier, without violating the deal that requires all access to the start-up's models to be routed through Microsoft's Azure cloud platform, the report said. Reuters could not immediately verify the report. Microsoft, Amazon and OpenAI did not immediately respond to Reuters' requests for comment. (Reporting by Shivani Tanna in Bengaluru; Editing by Janane Venkatraman)
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. ABB Robotics is integrating NVIDIA Omniverse simulation libraries into its RobotStudio software to improve virtual to physical robot training. Global manufacturers including Foxconn and U.S. SME platform WORKR are piloting the technology to support precision m...
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. ABB Robotics is integrating NVIDIA Omniverse simulation libraries into its RobotStudio software to improve virtual to physical robot training. Global manufacturers including Foxconn and U.S. SME platform WORKR are piloting the technology to support precision manufacturing and cost reduction. The development focuses on narrowing the gap between virtual robot simulations and real world performance in industrial settings. ABB (SWX:ABBN) sits at the center of this shift in industrial automation, using its established robotics and software platforms as a launchpad for the new Omniverse enabled tools. The shares recently closed at CHF66.58, with a 1 year return of 36.9% and a 3 year return of 132.6%, reflecting strong market interest over these periods. For investors, key considerations include how broadly manufacturers adopt these virtual training workflows and how quickly that adoption translates into wider RobotStudio usage and deeper customer relationships. The ongoing pilots with both a large player such as Foxconn and smaller U.S. firms provide early signals on where ABB’s robotics software business could gain traction next. Stay updated on the most important news stories for ABB by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on ABB. SWX:ABBN Earnings & Revenue Growth as at Mar 2026 We've flagged 1 risk for ABB. See which could impact your investment. For ABB, this product launch pushes its robotics business further into high value software and data. By bringing NVIDIA’s Omniverse simulation libraries into RobotStudio, ABB is trying to make virtual training accurate enough that manufacturers can rely on it for production critical decisions. If customers such as Foxconn see consistent 99% simulation accuracy and lower commissioning costs, that can reinforce ABB’s pos...
Key Points Coca-Cola has a leaner, more efficient business than PepsiCo, but PepsiCo generates more revenue. PepsiCo has been increasing its annual dividend at a faster rate than Coca-Cola. Coca-Cola and PepsiCo are both Dividend Kings. 10 stocks we like better than Coca-Cola › When it comes to the beverage and food segment of consumer packaged goods, Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP)...
Key Points Coca-Cola has a leaner, more efficient business than PepsiCo, but PepsiCo generates more revenue. PepsiCo has been increasing its annual dividend at a faster rate than Coca-Cola. Coca-Cola and PepsiCo are both Dividend Kings. 10 stocks we like better than Coca-Cola › When it comes to the beverage and food segment of consumer packaged goods, Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) are in leagues of their own. They both own household-name products and have distribution across the globe. They're also stock market staples with decades of consistency and annual dividend payout increases. Both companies can be good pieces to a portfolio, but if you're looking for the one that can make you richer, the answer depends on the potential route you want to take. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A key difference between Coca-Cola and PepsiCo is that Coca-Cola focuses solely on beverages, while PepsiCo sells beverages and snacks. This has led to Coca-Cola operating more efficiently, but PepsiCo being more diversified and less dependent on a single category. Its revenue is routinely double Coca-Cola's. At their sizes, neither company will have tech-like growth, but PepsiCo is currently returning more value to its shareholders than Coca-Cola. PepsiCo is increasing its dividend at a faster rate (up 89% in the past decade versus 51%), buying back more stocks, and offering a higher initial dividend yield. If you're looking for a more sure path, Coca-Cola is the one. It's efficient, high-margin, and safe. If you're looking for higher upside from this point forward, PepsiCo should be your choice. It's diversified and returning value to shareholders at a high rate. Again, don't expect tech-like returns from either company, but they're both Dividend Kings -- companies that have raised the...
While there's never really a good time for a conflict like the war in Iran, as far as the automotive industry goes, it's awful timing. Consider that four automakers alone, Honda (NYSE: HMC) , Ford Motor Company (NYSE: F) , General Motors (NYSE: GM) , and Stellantis (NYSE: STLA) have combined for a restructuring bill that is nearing $70 billion. The restructuring was designed to pivot away from ele...
While there's never really a good time for a conflict like the war in Iran, as far as the automotive industry goes, it's awful timing. Consider that four automakers alone, Honda (NYSE: HMC) , Ford Motor Company (NYSE: F) , General Motors (NYSE: GM) , and Stellantis (NYSE: STLA) have combined for a restructuring bill that is nearing $70 billion. The restructuring was designed to pivot away from electric vehicle (EV) strategies until the market was ready. Now, however, the Iran conflict is bringing up many questions for investors. Let's dive into a few, including how this will impact EV sales. The simple answer is yes, but exactly how, why, and where get much more complicated. Automotive sales in Iran will obviously be directly impacted, and regionally, it will be extremely challenging to distribute inventory and regulate supply chains amid the turmoil. Automakers with a strong presence in the Middle East will be most impacted, which currently means investors should be concerned primarily if they own Chinese automakers, which are expanding internationally , including in the Middle East, at a rapid pace. Domestic automakers in Detroit and elsewhere have a much smaller presence in the Middle East, if any, and are fairly protected from direct impacts. However, about one-fifth of the world's oil supply travels through the Strait of Hormuz, and Iranian officials have said they will not allow ships through the passage. Continue reading