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US military 'not ready' to escort tankers through Hormuz Strait: energy secretary
The US military is currently "not ready" to escort tankers through the critical Strait of Hormuz because all its assets are focused on striking Iran, Energy Secretary Chris Wright said Thursday.
WWII leader Churchill to be removed from UK banknotes
World War II leader Winston Churchill is to be dropped from the UK £5 banknote in favour of a nature scene, sparking outrage from some lawmakers who said he should not be replaced by an otter or badger.
EU vows to 'respond firmly' to any trade pact breach by US
The EU executive on Thursday vowed to "respond firmly" to any violation of a key tariff deal by the United States after President Donald Trump's administration announced new trade probes.
Oil tops $100 as Iran attacks offset stockpiles release
Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as Iran's attempts to hit supplies in the Middle East offset the release of crude reserves by major economies.
Mideast war to brake German recovery: institute
The surge in energy prices triggered by the Middle East war will slow the struggling German economy's recovery, an economic institute warned Thursday.
BMW sees tariffs easing and China stabilising in 2026
German carmaker BMW said Thursday it expected tariff wars to ease in 2026 saw a tentative turnaround in China after posting results dampened by both trade tensions and competition from Chinese rivals.
China-North Korea train arrives in Pyongyang after 6-year halt
A passenger train from China arrived in the North Korean capital on Thursday, state media said, after a six-year hiatus since the service was suspended during the Covid-19 pandemic.
Businessman or politician? Billionaire Czech PM under fire again
Since entering politics in 2011, Czech Prime Minister Andrej Babis has been grappling with a conflict of interest as a billionaire businessman and politician, and his latest stint in power is no exception.
Cathay Pacific roughly doubles fuel surcharge on most routes
Hong Kong aviation giant Cathay Pacific announced new fuel surcharges for most routes Thursday that are roughly double the existing ones.
China approves 'ethnic unity' law condemned by rights groups
China approved what it called an "ethnic unity" law on Thursday, which rights advocates warn could further marginalise minority groups such as the Uyghurs.
BMW profit holds up despite Trump tariffs, China woes
German carmaker BMW reported a three percent fall in annual profit on Thursday, despite US tariffs and cutthroat competition in China, far smaller than the double-digit plunges seen at rivals.
Electric vehicle rethink to cost Honda almost $16 billion
Japan's Honda said Thursday it expected to book nearly $16 billion in expenses and losses related to a major reorientation of its electric vehicle (EV) strategy, blaming US policy changes and tariffs.
From Kyiv to UK, Ukrainian drone production spans Europe
In an inconspicuous building near the UK's Mildenhall air base, drone manufacturer Ukrspecsystems is opening a new production line, like other Ukrainian arms companies looking to secure supply chain and boost capacity.
Australia to change fuel quality standards to boost supply
Australia will adjust fuel quality standards to allow higher sulfur levels for around two months in a move that will release 100 million litres into the domestic supply, officials said Thursday.
Co-founder of Copenhagen's Noma steps down after abuse allegations
The co-founder of Noma, several times crowned the best restaurant in the world, Danish chef Rene Redzepi said Thursday that he was stepping down, following reports of past abuse at his fabled restaurant.
War disrupts fertiliser supplies, puts food security at risk
With production in the Gulf countries at a standstill and gas prices rising, the war in the Middle East is disrupting the supply of fertilisers and posing risks for food security.
MSC Industrial Supply Co. to Webcast Review of Fiscal 2026 Second Quarter Results
MELVILLE, NY AND DAVIDSON, NC / ACCESS Newswire / March 12, 2026 / MSC INDUSTRIAL SUPPLY CO. (NYSE:MSM) ("MSC," "MSC Industrial," the "Company," "we," "us," or "our"), a leading North American distributor of Metalworking and Maintenance, Repair and Operations (MRO) products and services, today announced that the Company's conference call to review its fiscal year 2026 second quarter results, as well as its current operations, will be broadcast online live on Wednesday, April 1, 2026 at 8:30 a.m. Eastern Time.
A New Layer of Security for Global Energy Markets: Molecular Traceability Comes to Oil and Gas Supply Chains
NEW YORK CITY, NY / ACCESS Newswire / March 12, 2026 / As geopolitical tensions, sanctions regimes, and shifting trade alliances continue to reshape the global energy landscape, companies across the oil and gas sector are confronting a growing challenge: how to protect the enormous financial value embedded in the world's energy supply chains.
TruChoice Financial's James Ruhle Named to Insurance Business America's 2026 Top Specialist Wholesale Brokers List
Industry veteran recognized for expertise in advanced annuity solutions and commitment to financial professional partnerships
Southern Energy Renewables and National Laboratory of the Rockies Execute CRADA Option Agreement to Advance Synthetic Aviation Fuel Technology
GOLDEN, CO / ACCESS Newswire / March 12, 2026 / Southern Energy Renewables and the U.S. Department of Energy's (DOE's) National Laboratory of the Rockies (NLR) today announced the execution of a Collaborative Research and Development Agreement (CRADA) and option agreement to jointly advance next-generation synthetic aviation fuel (SAF) technology based on catalytic conversion of syngas and carbon dioxide into branched hydrocarbons suitable for aviation applications. This agreement expands on the term sheet signed with Frontline Bioenergy, DevvStream, and Southern to build out their methanol to hydrocarbons integrated demonstration unit.
Ezra Raises $8 Million Seed Round to Build Institutional-Grade AI Infrastructure for Private Capital Markets
Founded by veterans of Mosaic, Ezra is using AI and capital networks to modernize financing for real-world assets
OuterBox Promotes Josh Blankenship and Sal Commisso to Vice President
COPLEY, OH / ACCESS Newswire / March 12, 2026 / OuterBox, a leading performance marketing agency, today announced the promotions of Josh Blankenship to Vice President of Business Development and Sal Commisso to Vice President, Centers of Excellence. Both promotions reflect the agency's continued investment in the leaders driving its client growth and service quality.
Terence Webster Design Associates Recognized With 2026 Consumer Choice Award for Office Furniture in Hamilton and Niagara
HAMILTON, ON / ACCESS Newswire / March 12, 2026 / Terence Webster Design Associates has been recognized with the 2026 Consumer Choice Award for excellence in Office Furniture in the Hamilton and Niagara regions. This distinction highlights the company's long-standing leadership in interior design and office furnishings and its commitment to delivering quality, value and exceptional service to clients across Canada and the United States.
Instawork Wages Jump 12% as U.S. Jobs Market Cools
February Pay Index Shows Businesses Betting on Flexible Staffing to Hedge Against Market Uncertainty, While a Widening Affordability Gap Emerges in Major U.S. Cities
Oil prices jump despite strategic reserve release
A record release of oil from strategic reserves by IEA nations failed to ease concerns about the impact from the Middle East war, with crude prices pushing further higher and stocks sliding.
Man set himself alight in fatal Swiss bus fire: prosecutor
An inferno on a Swiss bus that killed six people was seemingly started by a "disturbed" man on board who set himself alight, the investigating prosecutor said Wednesday.
British fintech Revolut gets full UK banking licence
British fintech company Revolut on Wednesday said it had obtained a full UK banking licence from regulators, lifting restrictions on it competing with established retail lenders.
US consumer inflation unchanged but price shocks from Iran war loom
Consumer inflation in the United States remained stable at 2.4 percent in February, official data showed Wednesday, with price shocks from the US-Israel war on Iran yet to be reflected in the data.
IEA says members to release 400 mn barrels from oil reserves
The International Energy Agency said Wednesday its member countries would unlock 400 million barrels of oil from their reserves to ease the impact of the Middle East war, the biggest such release ever.
US consumer inflation unchanged at 2.4% year-on-year in February
Consumer inflation in the United States remained stable at 2.4 percent in February, in line with market expectations, government data showed Wednesday, as affordability concerns persist in the world's largest economy.
German defence giant Rheinmetall sees business boost from Mideast war
German arms maker Rheinmetall said Wednesday the Middle East war offered new business opportunities, especially for its air defence systems, as it forecast continued strong growth this year.
Malawi court dismisses 15-year lawsuit against Madonna charity
A Malawi High Court has dismissed a wrongful‑termination case against US pop star Madonna brought by the sister of a former president, in one of the country's longest-running NGO disputes.