Stockmarket

$1 Trillion Has Been Wiped Out From Stock Market As Middle East Tensions Ignite Investor Panic

A single session sees $1 trillion wiped from the stock market as Middle East tensions escalate, impacting global energy routes and investor confidence.


Netflix Stock Climbs To $97 As Company Walks Away From Warner Bros. Deal, Analysts Turn Bullish

Netflix Inc. (NASDAQ: NFLX) shares closed at $97.09 on March 2, 2026, up 0.88% or $0.85 from the prior session, extending a recent rally fueled by the company's decision to abandon pursuit of an acquisition of Warner Bros. Discovery and renewed analyst optimism on its advertising and organic growth prospects.

$100 Oil? A Prolonged Hormuz Closure Could Trigger A 1970s-Style Energy Shock

Explore the strategic importance of the Strait of Hormuz and how escalating tensions could impact global oil markets and prices.

Nestlé Faces Criminal Probe After 13-Day Delay In Reporting Cereulide In Baby Formula Recall 2026

The global investigation into Nestlé and other major brands over delayed recalls of toxin-contaminated infant formula has ignited concerns about health risks and parental safety, fueling widespread outrage worldwide.


Editor's Pick

Apollo, Leon Black Face Legal Trouble Over Undisclosed Jeffrey Epstein

Apollo, Leon Black Face Legal Trouble Over Undisclosed Jeffrey Epstein Business

Apollo Global Management and Leon Black face a class-action lawsuit over undisclosed business ties with Jeffrey Epstein.

Frontier Airlines Offers Free Bags to Lure Frustrated Southwest Passengers

U.S.-Israel Operation In Iran Triggers Flight Disruptions Worldwide

U.S.-Israel strikes on Iran disrupt global flights, forcing major airlines to cancel routes and issue travel waivers.

China Forms New State Body to Find Oil and Gas Reserves Deep Underground

U.S.-Iran Tensions Push Gasoline Costs Higher Across The Country

Rising U.S.-Iran tensions drive oil prices higher, signaling potential gas price hikes nationwide.


Regions

China Retaliates Against Canada with Hefty Tariffs on Key Exports

China Retaliates Against Canada With Hefty Tariffs On Key Exports

China imposes retaliatory tariffs on Canadian goods in response to Canada's trade restrictions on Chinese products.



Funding

AI Startup Funding Surging Despite Sting of High Interest Rates

AI startups are riding a wave of fresh capital in 2025—even as the Federal Reserve keeps interest rates at multi-decade highs. Instead of slowing down, the sector is posting some of its boldest funding figures yet, fueled by surging demand for both AI infrastructure and specialized applications.

Cost Over Climate: Australians To Spend AU$80B On Energy Upgrades

On average, households plan to spend AU$7,500 on energy-efficient upgrades over the next five years, which could add up to more than AU$80 billion nationwide. About 50% of Australians want to make their homes eco-friendlier, driven mostly by a desire to reduce energy costs.

Australian Superannuation Funds Rethink US Bets Amid Dollar Volatility

"Like every other fund, we are questioning our exposure to the U.S. It would be fair to say that we've hit peak exposure and will be reducing over time," said John Pearce, chief investment officer of UniSuper, said.

Trump UK Trade Deal Pumps Crypto: $ETH Skyrockets, $BTC Hits $103K, $XRP Surges

President Trump has announced a trade agreement with a long-time ally, pumping crypto prices, including Bitcoin, which had been struggling to return to $100,000 in recent weeks.


People

Geoffrey Hinton

'Godfather of AI' Geoffrey Hinton Says These Entry-Level Jobs Will Be First to Be Replaced

Geoffrey Hinton warns graduates that AI is doubling in power every seven months, threatening entry-level jobs in call centres, marketing, and journalism with imminent replacement.

Goldman Sachs Supports General Counsel Amid Controversial Jeffrey Epstein Correspondence

Goldman Sachs CEO David Solomon Tops Jamie Dimon With $47 Million Pay Package

Goldman Sachs CEO David Solomon earned a record $47 million in 2025, surpassing JPMorgan's Jamie Dimon.

Fashion Legend Valentino Garavani Dead at 93, Foundation Confirms

Fashion Legend Valentino Garavani Dead at 93, Foundation Confirms

Fashion legend Valentino Garavani has died at 93, with tributes pouring in for the iconic designer known for timeless glamour and Valentino red.