Nigeria’s oil wealth has long existed within an uncomfortable contradiction. The country remains one of the world’s major crude producers,read more NNPC reform begins — But transparency alone is not enough
FPCCI urges energy emergency, alternative supply routes as Hormuz risk threatens fuel imports and freight costsThe post Indus Motor warns Middle East crisis could delay imported parts, squeeze inventories appeared first on Profit by Pakistan Today.
With Rs 25,000 to Rs 30,000, a modest space can turn into a workshop of engines and ambition. Behind half-raised shutters lies a venture promising steady profits
As capex for US hyperscalers hits record highs, China’s lean AI ecosystem is testing whether efficiency beats raw spending.
BARCELONA, Spain, March 5, 2026 /PRNewswire/ -- At MWC Barcelona 2026, Viettel announced it is accelerating the R&D and commercialization of its proprietary 6G technology. The Vietnamese telecommunications giant has joined a global strategic alliance initiated by Qualcomm Technologies to expedite the development and global deployment of 6G, with a commercial rollout slated for 2029. According to the roadmap, Viettel is designing 6G as an AI-native system, deeply integrating artificial intelligen
US, European stocks rise as oil prices steady; Asian indexes tumbleEstelle.BronkhorstThu, 03/05/2026 - 06:00 NEW YORK - US and European stock markets advanced on Wednesday as oil prices steadied, after Asian bourses suffered deep losses amid inflation worries sparked by the US-Iran war.Markets have been roiled much of the week as the conflict between the United States and Iran effectively closed shipping through the Strait of Hormuz, where a fifth of the world's crude oil travels as well as considerable liquefied natural gas (LNG) supplies travel through.That sent crude and gas prices spiking higher, triggering fears of widespread inflation that could strangle economic growth. But President Donald Trump sought to allay concerns about oil supplies being choked off, saying Tuesday that the US Navy was ready to escort oil tankers and that the United States would offer shippers insurance. That helped stabilize crude prices Wednesday, with both major contracts finishing flat or little changed. US equities finished solidly higher, with the S&P 500 up 0.8 percent.Analysts also said reports on US private-sector hiring and services industry activity that topped expectations also helped sentiment.Investors "are breathing a sigh of relief" after the better economic data, said Jack Ablin of Cresset Capital Management."If you put this military action in context, history suggests that investors will eventually work their way through the challenges and markets kind of carry on," Ablin said.Earlier, London and Paris ended the day up 0.8 percent, while Frankfurt climbed 1.7 percent.The gains came despite steep losses across stock markets in Asia, a region heavily dependent on Middle East oil and gas supplies.Iran's Revolutionary Guards claimed "complete control" of the Strait of Hormuz, with reports of additional vessels in the vital waterway coming under attack on Wednesday.Energy intelligence firm Kpler said oil tanker transits through the Strait of Hormuz had dropped by 90 percent from last week.Seoul led losses in Asia as the Kospi tanked more than 12 percent, suffering its worst two-day collapse since the 2008 financial crisis, with trading briefly halted. "Because South Korea, Japan, China and Taiwan rely heavily on energy shipments that pass through the Strait, any blockage would have significant negative effects on the market," said Chung Hae-chang, an analyst at Daishin Securities.Japan's Nikkei 225 ended off more than three percent, with chipmakers Advantest and Tokyo Electron slumping more than four percent.Elsewhere in Asia, Bangkok tumbled eight percent to also spark a brief trading halt, and Taipei sank more than four percent.The Dubai and Abu Dhabi stock exchanges dropped after a two-day trading suspension because of Iran's missile and drone attacks across the Gulf.The Dubai bourse fell more than four percent and Abu Dhabi's ADX shed nearly two percent.
Explore the best digital risk protection (DRP) tools in 2026, like ZeroFox, CybelAngel, and BrandShield, to defend brands from cyber threats.
The future of transportation hubs in the United States will not be defined by iconic metropolitan airport terminals and expansive central train stations. Rural communities contain the majority of the nation's road miles, carry nearly half of all truck vehicle miles traveled, and originate two-thirds of rail freight. These realities position rural transportation hubs as vital regional access points and distribution centers that shape national mobility outside models of urban extensions.
India hosts global leaders as Raisina Dialogue 2026 focuses on AI, security, a fragmented world order
Store in Langley Mall appears to be shut down
Philip Miller MBE, owner of Adventure Island and Sealife Adventure, has joined growing calls to reconsider the use of daily icons in weather forecasts
Kentucky once again has secured a spot in the top five for economic development projects per capita as Site Selection magazine posted its 2025 Governor’s Cup rankings.