US lets Iranian oil tankers pass Hormuz as conflict sends crude soaring

The United States is allowing Iranian oil tankers to pass through the Strait of Hormuz even as tensions escalate in the Persian Gulf following attacks on commercial vessels. Treasury Secretary Scott Bessent confirmed the approach in an interview with CNBC on Monday, explaining that Washington has permitted Iranian ships to leave the Gulf to help… Continue reading US lets Iranian oil tankers pass Hormuz as conflict sends crude soaring

AI layoff wave hits tech: 45,000 jobs gone in early 2026

Companies are restructuring operations around automation tools and AI agents capable of performing routine tasks. A report from RationalFX shows that 45,363 technology jobs have been cut worldwide since January 2026. Around one fifth of those layoffs are linked directly to artificial intelligence adoption and organisational restructuring tied to automation. Tech layoffs tied to AI… Continue reading AI layoff wave hits tech: 45,000 jobs gone in early 2026

PhonePe delays India IPO as geopolitical tensions rattle global markets

Walmart-backed digital payments company PhonePe has deferred its planned public offering as geopolitical tensions and falling equity markets weigh on investor sentiment. The Bengaluru-based firm confirmed on Monday that it has temporarily halted preparations for its stock market debut and will restart the process once global capital markets stabilise. The move follows rising volatility in… Continue reading PhonePe delays India IPO as geopolitical tensions rattle global markets

Dow futures gain as markets brace for busy week: here’s 5 stocks to watch

US stock futures edged higher ahead of a busy week for policy decisions and corporate earnings, with investors tracking several notable companies before and after Monday’s session. The Federal Reserve’s rate decision and fresh inflation data later in the week add to a backdrop of volatile energy markets and heightened geopolitical risk. Here are five… Continue reading Dow futures gain as markets brace for busy week: here’s 5 stocks to watch

Nebius stock price forecast after the $27 billion Meta Platforms deal

Nebius stock price surged by over 14% in extended hours after the company landed a $27 billion deal from Meta Platforms. It jumped to $130, its highest point since November 3 last year. It has soared by over 630% from its lowest level in 2025. Nebius reaches a major deal with Meta Platforms In a… Continue reading Nebius stock price forecast after the $27 billion Meta Platforms deal

China’s JD.com expands into Europe with Joybuy platform

Chinese e-commerce giant JD.com has launched a new online retail platform in Europe as it accelerates its global expansion strategy and seeks new growth opportunities beyond its fiercely competitive domestic market. The Beijing-based company on Monday introduced Joybuy, an online shopping platform that will operate across six European markets: the United Kingdom, France, Germany, the… Continue reading China’s JD.com expands into Europe with Joybuy platform

Australia sounds alarm as Gen Z turns to AI for crypto trading tips

Australia’s financial regulator has raised concerns about the growing influence of social media personalities and artificial intelligence tools on the investment decisions of young Australians. A new study from the Australian Securities and Investments Commission (ASIC) suggests many Gen Z investors rely on digital platforms for financial guidance, including crypto trading ideas. The findings show… Continue reading Australia sounds alarm as Gen Z turns to AI for crypto trading tips

IAG share price nears death cross as it faces a double whammy

IAG share price continued its strong downward trend today, March 18, its fifth consecutive day in the red. It has slumped from the year-to-date high of 463.6p in February to the current 351p, and this trend may continue as the company faces a double whammy of high energy prices and flight disruptions. British Airways owner… Continue reading IAG share price nears death cross as it faces a double whammy