Finance

Image for LME to consider replacing warehouse rent caps with fixed daily load-out rates

Finance

Lme to Consider Replacing Warehouse Rent Caps With Fixed Daily Load-Out Rates

Image for Middle East de-escalation best way to ensure lower energy prices, says UK's Reeves

Finance

Middle East De-Escalation Best Way to Ensure Lower Energy Prices, Says UK's Reeves

Image for Putin says the energy crisis has arrived, Russia ready to work with Europe

Finance

Putin Says the Energy Crisis Has Arrived, Russia Ready to Work With Europe

Image for UK would support release of emergency oil stocks after price spike, finance minister says

Finance

UK Would Support Release of Emergency Oil Stocks After Price Spike, Finance Minister Says

Image for Back to the 1970s? Investors brace for a return of stagflation

Back to the 1970s? Investors Brace for a Return of Stagflation

Date: March 9, 2026

By Alun John, Yoruk Bahceli and Sophie Kiderlin LONDON, March 9 (Reuters) - Investors are now seriously considering the possibility that war in the Middle East could create a stagflationary shock,...

Image for Shell to offload Jiffy Lube, Premium Velocity to Monomoy Capital for $1.3 billion

Shell to Offload Jiffy Lube, Premium Velocity to Monomoy Capital for $1.3 Billion

Date: March 9, 2026

March 9 (Reuters) - Shell said on Monday it will sell its subsidiaries Jiffy Lube and Premium Velocity Auto to an affiliate of private equity firm Monomoy Capital Partners for $1.3 billion, as the oil...

Image for How US-Israeli war on Iran is upending global business

How US-Israeli War on Iran Is Upending Global Business

Date: March 9, 2026

March 9 (Reuters) - The U.S.-Israeli war with Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability...

Image for HSBC CEO says bank remains committed to GCC region amid Iran conflict 

HSBC CEO Says Bank Remains Committed to Gcc Region Amid Iran Conflict 

Date: March 9, 2026

DUBAI, March 9 (Reuters) - HSBC on Monday expressed confidence in the Gulf Cooperation Council(GCC) members' economic prospects as the region and the wider Middle East brace for the economic shock...

Image for Hungary's Fidesz drafts bill to allow tax authority hold onto seized Ukrainian cash and gold

Hungary's Fidesz Drafts Bill to Allow Tax Authority Hold Onto Seized Ukrainian Cash and Gold

Date: March 9, 2026

BUDAPEST, March 9 (Reuters) - Hungary's ruling Fidesz party has proposed that authorities hold onto the cash and gold they seized last week from two Ukrainian bank vehicles for two months pending an...

Image for Anthropic sues to block Pentagon blacklisting over AI use restrictions

Anthropic Sues to Block Pentagon Blacklisting Over AI Use Restrictions

Date: March 9, 2026

By Jack Queen NEW YORK, March 9 (Reuters) - Anthropic on Monday filed a lawsuit to block the Pentagon from placing it on a national security blacklist, escalating the artificial intelligence lab’s...