Page 18 - Bloomberg/reuters

Trump issues ultimatum to hit Iran's power plants after US airman's rescue

Trump, in renewing his threats to target Iran's civilian infrastructure, used an expletive in social media post and told Axios he will be 'blowing up everything over there' if Iran doesn't make a deal

British military sees jobs crisis as opportunity to rebuild depleted forces

Military opportunities are now being actively promoted in job centres around the country, with a particular focus on regions with high youth unemployment

Italy sets jet fuel restrictions at some airports amid supply shortage

Fuel restrictions for flights have been introduced at the airports of Bologna, Milan Linate, Treviso and Venice, according to a Notice to Airmen, or Notam advisories

Impulse Space, Anduril building technology for Trump's golden dome

The companies have been selected by the Pentagon to develop prototypes of space-based interceptors intended to track and destroy missiles from orbit

Missing US airman rescued after fighter jet downed in Iran: Report

The rescue operation for the crew member of the F-15E fighter jet was conducted by a "specialised commando unit with a high volume of air cover," the report said

US inflation set to spike as energy prices rise amid West Asia war

Economists are penciling in a 1 per cent increase in the consumer price index for March - the sharpest one-month advance since 2022 - after the Iran war pushed gas prices up by about $1/gallon

Kuwait's oil ministry building set ablaze by Iranian drone strike

The damaged building, which also houses the emirate's oil ministry, was evacuated and firefighting crews were on the scene

Iraqi ships can transit through Strait of Hormuz: Iranian military

The declaration has the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes

US deploys bulk of stealthy long-range missiles for Iran conflict

The US has allocated funds to buy more than 6,200 JASSMs since 2009, and production of the baseline JASSM for US supplies ended about 10 years ago

Russia's VPN crackdown caused bank outage, says Telegram founder

Attempts on Friday to limit VPN use could have sparked the disruption affecting banking apps, The Bell and other Russian media reported, citing industry sources who weren't identified

IMF warns tokenized finance risks amplifying market crises ahead

Faster blockchain systems could limit regulators' crisis response

How the Iran conflict is reshaping global aviation, shifting market share

The global aviation dynamic changed almost overnight when the Iran war broke out, shuttering airspaces, grounding planes and leaving regional airlines in disarray

OpenAI rejigs leadership as COO shifts out of role, AGI CEO taking leave

Fidji Simo, OpenAI's CEO of AGI development who oversees much of its core business, will also take a medical leave for several weeks to seek new treatment for an ongoing neuroimmune condition

French, Japanese-owned ships make first crossings through Strait of Hormuz

Traffic in the Strait of Hormuz has practically halted since the US and Israel attacked Iran, with just a trickle of ships able to make the crossing

SpaceX targets more than $2 trillion valuation ahead of record-breaking IPO

At more than $2 trillion, SpaceX's valuation would increase by nearly two thirds in a matter of months

US launches rescue for F-15 crew after fighter jet downed in Iran

The first known combat loss of a US fighter jet would mark a significant escalation in the five-week war that already has triggered a global energy crisis

First LNG tanker exits Strait of Hormuz along Omani coast since war

LNG ships have avoided Hormuz since the conflict broke out on Feb. 28, disrupting about a fifth of the world's supply of the fuel

Israel reopens largest gas field after West Asia war shut it for a month

Israel had ordered the temporary shutdown of some gas fields as a security measure after the conflict broke out on Feb 28

RBI's measures can delay the slide, but may not steady the rupee at 93

RBI faces a tough trade-off between defending Rupee and supporting growth, as oil shocks and global pressures make balancing exchange rate stability and domestic interest rates increasingly untenable

US allies working on plan B for Strait of Hormuz if Trump walks away

Virtual meeting of around 40 nations showed the coalition of countries deem it necessary to begin preparations for having to reopen the strait without the US