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Stocks firm, oil dips after sell-off on Middle East turmoil
US and European stock markets firmed and energy prices dipped on Wednesday after President Donald Trump sought to ease oil supply concerns triggered by the conflict between the United States and Iran.
Latest developments in Iran war: Israel plans on 'one, two weeks' of strikes
The Israeli military is planning on at least "one or two" more weeks of strikes on Iran, Israeli media reported on Wednesday, the war's fifth day, while launching a fresh wave of attacks in Lebanon against Tehran-backed Hezbollah militants.
Iran claims 'complete control' of strait: latest in the Mideast war
Iran claimed total control of the key energy transit Strait of Hormuz Wednesday, the war's fifth day, as Israel hit Iran with fresh strikes and advanced into Lebanon against Tehran-backed Hezbollah militants.
Privacy and attention promises from alternative phones at MWC
Alternative phones on offer at the Mobile World Congress (MWC) telecoms trade show in Barcelona this week aim to answer demand for devices that protect users' data and attention.
Adidas shares slump on outlook, Mideast war impact uncertain
Adidas's shares slumped Wednesday after its 2026 outlook disappointed investors, while the German sportswear giant said any potential impact on its business from the Middle East war was still unclear.
European stocks firm after sell-off on Middle East turmoil
European stock markets firmed on Wednesday after a global rout driven by fears that surging energy prices from the Middle East war could fan inflation and hit the global economy.
Weedkiller cancer claims drive Bayer to bigger loss
German agrichemical giant Bayer said Wednesday it made a loss of 3.62 billion euros ($4.20 billion) in 2025 after it booked extra charges related to claims that its popular weedkiller causes blood cancer.
Myanmar drivers scramble for fuel as Mideast war cuts supply
Snaking queues of vehicles waited in Myanmar for shrivelling petrol supplies on Wednesday, with some gas stations shuttered as fuel stocks dried up due to the war in the Middle East.
AI not hitting European jobs for now: ECB
Artificial intelligence has only had minor effects on employment in Europe so far, European Central Bank economists said Wednesday, but they warned the technology's future impact was uncertain.
Nepal's Gen Z pins hopes on post-uprising elections
Six months after joining anti-corruption protests that rocked Nepal, 23-year-old Amrita Ban will vote in Thursday's election, hoping the new government will realise the movement's demands.
Adidas shares slump on downbeat profit outlook
Adidas shares slumped Wednesday after the German sportswear giant gave a disappointing 2026 profit forecast and warned of a 400-million-euro ($465-million) hit from US tariffs and exchange rate effects.
Greek court upholds convictions in neo-Nazi party trial
A Greek appeals court on Wednesday upheld convictions for leaders of the neo-Nazi party Golden Dawn in a landmark trial over crimes committed at the height of the country's economic crisis.
Japan eyes remote Pacific island for nuclear waste
Japan is looking into using a remote deserted Pacific island nearly 2,000 kilometres (1,250 miles) from Tokyo as a site for burying nuclear waste, officials said.
Israel launches new strikes as Iran squeezes key oil shipping route
Israel launched fresh strikes on Iran and Lebanon, where state media reported a residential building was hit on Wednesday, as Iran's Guards said they had sealed off one of the world's most vital shipping routes for energy.
X suspends revenue sharing for undisclosed AI war videos
Social media platform X announced Tuesday it would suspend creators from its revenue sharing program for 90 days if they post AI-generated videos of armed conflicts without disclosing they were artificially made, the company said.
Patchy Italy disability access 'an insult' ahead of Games
Italy hosts the world's top paralympic athletes this month, but just getting across the street in Rome can feel like an Olympian task for wheelchair users.
Seoul tanks as Asian stocks tumble, oil extends gains on Iran war
Seoul shares collapsed more than 12 percent as Asian equity markets were hit by panic selling Wednesday, while oil rose amid fears the US-Israel war on Iran will fan inflation and hammer the global economy.
Asian stocks tumble further, oil extends gains as inflation fears grow
Asian equity markets plunged again Wednesday while oil extended gains as the United States and Israel pressed on with their war on Iran, with investors growing fearful about a surge in inflation and the impact on the global economy.
Chinese consumers scout lower prices, secondhand goods as spending sputters
In a Shanghai shopping centre, customers browsed racks of used winter coats, $2 trousers and household appliances -- pre-used items that would have been out of place in a major Chinese mall a decade ago.
Formerra Appoints Tom Kelly as Chief Executive Officer
CLEVELAND, OHIO / ACCESS Newswire / March 4, 2026 / Formerra, LLC ("Formerra"), a leading distributor of engineered thermoplastic resins, additives, elastomers, and other specialty materials, today announced the appointment of Tom Kelly as Chief Executive Officer ("CEO"). A seasoned executive with over 30 years of specialty and engineered materials experience, Tom is known for leading teams to drive differentiated growth and building high-performing organizations set up for long-term success. The former CEO, Cathy Dodd, will stay on as Special Advisor to the Board and will remain an investor in the Company.
Iran hits US targets in Gulf as Tehran targeted
Iran expanded its retaliatory missile and drone barrage across the Middle East on Tuesday, hitting another US consulate and base, even as the United States and Israel said they had pummeled key sites inside Tehran.
Israel says hit Iran nuclear site: Latest developments in Middle East war
Drones and missiles hit oil facilities and US diplomatic missions in the Gulf on Tuesday as Iran retaliated to fresh strikes.
US stocks cut losses after Trump announces steps to safeguard Hormuz Strait
US equities joined a global equity rout Tuesday due to surging oil prices, but cut their losses after President Donald Trump announced steps to safeguard commerce in the Strait of Hormuz.
Judge rules Trump cannot halt New York traffic congestion pricing
A federal judge ruled on Tuesday that US President Donald Trump cannot block New York City from charging motorists to drive in congested parts of Manhattan.
Iran war threatens Trump fight with inflation
US-Israeli strikes in Iran, and Tehran's retaliation, are set to trigger a surge in US gas prices with a potential knock-on inflationary hit that could pile pressure on President Donald Trump domestically as midterm elections approach.
Merz seeks early end to Iran war in Trump meeting
German Chancellor Friedrich Merz on Tuesday backed the aims of the US-Israeli war on Iran but called for its early end, voicing fear for the global economy, as he visited the White Hosue.
US-Israeli strikes pummel Tehran, as Trump says 'too late' for talks
US and Israeli strikes pummelled targets across Tehran on Tuesday, as President Donald Trump warned it was "too late" for Iran to seek talks to escape a war now in its fourth day.
Energy prices jump, stocks slump on Iran war
Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising as investors worried about inflation and the inability of central banks to help with interest rate cuts.
Germany's Merz meets Trump for talks eclipsed by Iran war
Donald Trump hosted German Chancellor Friedrich Merz on Tuesday for the US president's first meeting with a foreign leader since joining Israel in strikes on Iran that have dragged the Middle East into war
Mideast war threatens to spark world energy crisis
Asia and Europe's oil reserves can soften the immediate impact of the Middle East war sparked by US and Israeli strikes on Iran, but a prolonged conflict could trigger major disruptions and sharp price increases, analysts warn.
Iran steps up attacks on Mideast economy in response to US-Israeli strikes
Iran stepped up its attacks on economic targets and US missions across the Middle East on Tuesday as President Donald Trump warned it was "too late" for the Islamic republic to seek talks to escape the war.
UK cuts 2026 growth forecast, flags Iran war risk
The UK government cut its 2026 growth forecast on Tuesday, as Britain's finance minister delivered a fiscal update overshadowed by concerns over the economic fallout from the Iran war.