BUSINESS
Iran crisis threatens worst disruption in gas markets since 2022
Iran’s neighbors, like Qatar, are some of the world’s most important producers, and the region is also a vital supply route, with 20% of liquefied natural gas exports traveling through the Strait of Hormuz, a crucial chokepoint for global energy.
BUSINESS
Bitcoin recovers above $68,000 after death of Iranian leader Khamenei
The original cryptocurrency rose as much as 2.21% to $68,196 following the news. It was trading at around $67,700 at 11 a.m. in Singapore, after dropping as much as 3.8% the previous day.
WORLD
Trump gambles new Iran attack will save flailing MAGA agenda
Attack on Iran comes less than two months after Trump ordered a high-stakes US military raid inside Venezuela, another signal that his second term has tilted toward muscular intervention abroad.
BUSINESS
OPEC+ to weigh bigger hike after Iran strike, delegate says
The group led by Saudi Arabia and Russia was expected to resume modest production increases from April after a three month supply freeze, several delegates said earlier this week.
BUSINESS
Bitcoin slides below $64,000 after explosions reported in Tehran
Bitcoin dropped as much as 3.8% to $63,038, while Ether, the second-largest token, slid 4.5% to $1,835.
WORLD
Trump administration seeks delay in tariff refund fight
The government wants to wait as long as four months before reviving litigation before the US Court of International Trade on the refund question
WORLD
Bill Clinton deposition focused on Epstein flights, DC visits
Hillary Clinton was questioned by the panel Thursday and told reporters afterward she is confident her husband knew nothing about Epstein’s crimes.
SCIENCE
NASA overhauls moon mission in effort to cut risks and costs
The changes announced on Friday mean that NASA is essentially swapping the actual moon landing for an additional test mission staged closer to Earth
COMPANIES
Coal India inventories swell as miner gears up for summer demand
The state-owned company had 115 million tons in unsold stockpiles as of February 26, which are expected to rise through the next month
BUSINESS
India’s GDP revisions mean it will take longer to overtake Japan
The government published GDP using a new base year, estimating the size of the economy at Rs 345.47 lakh crore, in nominal terms, in the fiscal year ending in March
BUSINESS
Bitcoin sinks towards $65,000 as inflation douses risk appetite
The largest cryptocurrency fell more than 3.5% to $65,674 in early morning New York trading, before reversing some of the decline
WORLD
UK PM Starmer under pressure to tack left after Green election upset
The result underscores the recent fragmentation of UK politics and the disruption of long-held electoral certainties
BUSINESS
Barclays considers Blockchain platform for payments, deposits
Barclays’s push into blockchain technology could include payments applications like stablecoins and tokenized deposits, the people said.
WORLD
Even states with no income tax in US are flirting with taxing the rich
In Washington state, where income taxes have long been anathema, there is talk of a new levy on top earners
BUSINESS
Deutsche Bank’s Epstein Files throw family offices into the open
For Deutsche Bank, the new details on its historical ties to Epstein sets back a long-running effort to shake off the lender’s previous reputation as a magnet for scandals
BUSINESS
Raghuram Rajan says AI to disrupt India’s services sector, not derail
A recent note by Citrini Research warned that Indian IT firms could see pressure on revenues, triggering a selloff in their stocks earlier this week
LIFESTYLE
Moderna gets EU approval for mRNA combination Covid-flu shot
It’s the first approved vaccine to protect against both respiratory diseases in a single dose.
BUSINESS
Vaccine maker Bharat Biotech is said to mull $500 million IPO
Deliberations are ongoing, and details of the deal including the size and timing may change
MARKETS
Asian equities poised for best February on record
Asian equities have outperformed European and US benchmarks as investors bought into companies supplying the AI build-out, viewing the region’s firms as the “picks and shovels” of the supply chain.
TECHNOLOGY
Jack Dorsey’s Block slashes nearly half its staff in AI bet
After the announcement, Block’s stock jumped as much as 27% in extended trading.
WORLD
British citizenship applications by US nationals hit record high
A total of 8,790 Americans sought citizenship through either registration or naturalization in 2025, according to Home Office data
WORLD
Chip stocks get hit as Nvidia tumbles; oil climbs
While 330 shares in the S&P 500 rose, the benchmark fell. The Nasdaq 100 lost 1.5%
INDIA
India, Canada to sign ‘immense’ range of deals during Carney visit
The trip marks a major shift in a relationship that was badly strained just a year ago
INDIA
Govt panel said to review future of key GM food crop
The officials will discuss field trials of a GM variety of rapeseed, known locally as mustard
