Page 3 - Bloomberg/reuters

US judge blocks subpoenas targeting Fed chair Powell; DOJ plans to appeal

US judge James Boasberg blocked subpoenas targeting Fed Chair Jerome Powell over HQ renovations, citing no evidence and an improper retaliatory motive

US bombs military targets on Iran's Kharg Island as war escalates

Trump said American forces executed one of the most powerful bombing raids in the History of the West Asia, including destroying military targets on Kharg Island

Fuel shortages caused by Iran war begin to threaten global food supply

Farmers worldwide face fuel shortages that threaten diesel-powered planting, irrigation and fishing, as energy supply shocks from the Iran war risk pushing up food costs and global inflation

China approves first brain-computer interface product for commercial use

The firm is among a wave of Chinese startups building technologies that allow people to control computers or other electronic devices using only their minds

Iran's new supreme leader 'wounded, likely disfigured', says Hegseth

"We know the new so-called, not-so-supreme leader is wounded and likely disfigured," Hegseth told a press conference

Iran war spurs work-from-home calls, fuel-saving measures in Southeast Asia

With inflation also accelerating in parts of Southeast Asia, policymakers are acting to rein in consumption as the price surge threatens additional strain

Pak PM pledges 'solidarity, support' to Saudi Arabia amid ongoing Iran war

Pak PM's solidarity pledge came during his Saudi visit, part of Islamabad's efforts to engage Tehran and Jeedah and de-escalate regional tensions

US waiver frees up 19 million barrels of Russia oil for purchase

The crude is being carried on 25 vessels, with grades such as Sokol on ships near China. There's also a number of tankers in the Arabian Sea that are mainly loaded with the medium-sour Urals blend

Japan, Asia-Pacific nations to pledge $30 bn energy, mineral deals with US

The deals will take the form of purchase commitments and other transactions spanning a range of products and sectors, including coal, oil, liquefied natural gas and nuclear power

West Asia conflict disrupts India's kitchens, clouds its tech ambitions

Gas shortages triggered by the West Asia conflict are disrupting kitchens, restaurants and small industries in India, exposing the country's fragile LNG-dependent energy system

Adobe CEO Shantanu Narayen to step down amid investor concerns over AI

The maker of Photoshop and other products for creative arts professionals is among a group of application software companies, seen as struggling to win in face of AI startups

China's BYD considering to building cars in Canada, buying out rivals

The Shenzhen-based automaker is studying the Canadian market for a potential manufacturing facility, although no decision has been made, Executive Vice President Stella Li said

Apple lowers app store cut in China in move to fend off local regulators

The company said that its commission is changing from 30 per cent to 25 per cent for its mainland China App Store

Unilever plans to boost CEO pay, overhaul incentives to attract US talent

In 2026, if CEO Fernando Fernández hits the top performance target, his pay could exceed $21 million; if Unilever's share price also rises 50%, his compensation may surpass $26 million

Iran weakened by strikes but regime change not guaranteed: Netanyahu

The Israeli premier asserted that the war was inevitable once Iran accelerated efforts to revive its nuclear and missile programs following the June 2025 conflict

US gives nod for sale of more Russian oil already at sea amid Iran war

The measure, which applies only to oil loaded before March 12, expands upon a month-long waiver given to India last week, which was intended for crude loaded on ships before March 5

NYC Mayor Zohran Mamdani faces warnings over city's fragile finances

For fiscal 2026, Levine, who was sworn in to office in January alongside Mamdani, estimates operating expenses to be $4.5 billion more than revenue

Active shooter reported at synagogue in Michigan, police respond

FBI director Kash Patel said on X that agency personnel are also on the scene responding to the apparent vehicle ramming and active shooter situation

India asks china for urea as war-induced gas crunch hits plants

The move is a sign of the unusual measures countries are taking to secure key commodities as US-Israeli attacks in Iran snarl global trade and raise risks for food and energy supplies

US trade deficit narrows to $54.5 billion in January as exports rise

Trade flows last year were subject to large monthly swings as US importers reacted to a slew of tariff announcements from President Donald Trump