Asia's oil and LNG dependence on the Middle East
Reuters· 2026-03-02 09:49
Asia's oil and LNG dependence on the Middle East | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Iranian flag and 3D printed oil barrels miniature are seen in this illustration taken June 23, 2025. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]March 2 (Reuters) - Asia depends on oil and gas from the Middle East, making it highly vulnerable if the widening conflict following Israeli and U.S. [attacks on I ...
Khamenei's death raises questions about Trump's China trip
CNBC· 2026-03-02 09:49
A monitor plays footage of US President Donald Trump announcing US and Israeli strikes against Iran in the James Brady Press Briefing Room of the White House in Washington, DC, U.S., on Saturday, Feb. 28, 2026.BEIJING — Uncertainty is growing over U.S. President Donald Trump's high-stakes trip to China after Washington targeted a second foreign leader in two months.Trump announced over the weekend that joint U.S.-Israel strikes on Iran killed its Supreme Leader Ayatollah Ali Khamenei. In early January, the ...
Mitsubishi’s global output rises 8% in January
Yahoo Finance· 2026-03-02 09:48
Japanese automaker Mitsubishi Motors Corporation reported an 8.3% year-on-year increase in global production to 81,196 vehicles in January 2026, following an 18% decline to 75,004 units in the same month of last previous year. Production in Japan rose for the third consecutive month in January, by 4.4% year-on-year to 44,424 units, while overseas output rebounded by over 13% to 36,772 units following two months of declines. Sales in Japan, including vehicles imported from overseas, declined by 3.5% to 9, ...
Mazda’s global vehicle sales fall 10% in January
Yahoo Finance· 2026-03-02 09:48
Japanese automaker Mazda Motor Corporation reported a 10% decline in global vehicle sales to 91,024 units in January 2026 from 101,293 units in the same month last year, with domestic sales falling by 10.6% to 11,654 units and overseas sales declining by 10.1% to 79,370 units. Sales in the US declined by 14% to 28,958 units and sales in China plunged by over 34% to 3,775 units, while deliveries in Europe were down by just 0.5% to 11,237 units. Sales in other markets combined dropped by 6.1% to 35,400 unit ...
Oil and Gold Jump, Stocks Slide as Conflict in Middle East Rocks Global Markets
WSJ· 2026-03-02 09:46
Brent crude prices hovered around $80 a barrel and stocks fell across the globe as markets reacted to widening conflict in the Middle East. ...
BYD sales continue to plunge in February
Yahoo Finance· 2026-03-02 09:44
BYD Auto reported a 41% drop in global sales to 190,190 units in February 2026, following strong growth in the same month last year, as the Chinese automaker continued to face plunging demand in its home market after the government withdrew some of its new energy vehicle (NEV) sales incentives at the end of last year. Competition from other domestic automakers has also intensified significantly in the last year. February was the sixth consecutive month of decline for the Shenzhen-based automaker. While t ...
Gulf crisis may make pistachios, figs & raisins costlier for Indian buyers
BusinessLine· 2026-03-02 09:40
Indian consumers may have to pay more for their pistachios, raisins and figs, while walnuts will likely remain stable for another couple of months on ample stocks in view of the current Gulf crisis.“India gets pistachios from Iran and California (US). With Iranian supplies cut off, prices have gone up by ₹100 a kg,” said Gunjan Jain, president, Nuts and Dried Fruits Council of India (NDFC-I). Iran’s shipments have been affected after Bandar Abbas and Chabahar ports were closed, following the outbreak of hos ...
SOLUM and Competera expand AI pricing–ESL integration in Europe
Yahoo Finance· 2026-03-02 09:40
Samsung-owned retail technology provider SOLUM and US pricing software company Competera have expanded their partnership across European retail networks. The expanded arrangement integrates Competera’s AI-driven pricing platform with SOLUM’s Newton electronic shelf label (ESL) system, It allows retailers to synchronise price optimisation decisions with shelf-edge updates. According to the companies, the combined setup enables machine learning–derived pricing recommendations to be implemented automatica ...
Teck American to sell Utah’s Apex Mine to Blue Moon Metals
Yahoo Finance· 2026-03-02 09:39
Teck Resources’ subsidiary Teck American has agreed to transfer full ownership of the Apex mine in Utah, US, to Blue Moon Metals. This mine, which previously produced germanium, gallium and copper, is set to enhance Blue Moon's portfolio of critical mineral projects aimed at bolstering North American supply chains. The deal strengthens Blue Moon's existing partnership with Hartree Partners, a key collaborator with the US Government on the recently unveiled $12bn critical metals stockpile initiative. Bo ...
First American Financial: Lower Rates Are A Benefit
Seeking Alpha· 2026-03-02 09:38
Shares of First American Financial ( FAF ) have been a moderate performer over the past year, gaining 9%. It has been a difficult few years for the title insurance sector, as elevated mortgage rates have limited housingOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Disclosu ...