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Bloomberg

Bloomberg

Saudi Aramco halts operations at Ras Tanura refinery after drone strike

There was a 'limited' fire at the plant, caused by debris from the interception of two drones that were targeting the facility

Saudi Aramco halts operations at Ras Tanura refinery after drone strike
Updated On : 02 Mar 2026 | 2:52 PM IST

China says US gave no warning before Iran attack, urges end to hostilities

Chinese Foreign Ministry spokeswoman Mao Ning condemned the Trump administration's attack

China says US gave no warning before Iran attack, urges end to hostilities
Updated On : 02 Mar 2026 | 2:39 PM IST

Billionaire Nirmal Jain bets on India's wealth boom to hire, woo assets

IIFL Capital Services Ltd.'s wealth book of about ₹60,000 crore ($6.6 billion) will expand 80 per cent to 100 per cent over the next 24 months, Jain said

Billionaire Nirmal Jain bets on India's wealth boom to hire, woo assets
Updated On : 02 Mar 2026 | 11:45 AM IST

High-risk, high-reward partnerships powering Anthropic's AI expansion

Anthropic which has aggressively pushed into enterprise business, announced new updates to its tool Claude Cowork that extend its abilities to areas like human resources, investment banking and design

High-risk, high-reward partnerships powering Anthropic's AI expansion
Updated On : 02 Mar 2026 | 11:33 AM IST

PM Modi meets Canadian PM Carney to reset relations, boost trade

The meeting comes against the backdrop of heightened tensions in the West Asia following US-Israeli strikes on Iran that killed the supreme leader, Ayatollah Ali Khamenei, and Iran's retaliation

PM Modi meets Canadian PM Carney to reset relations, boost trade
Updated On : 02 Mar 2026 | 11:26 AM IST

Amazon cloud suffers outage after unidentified objects hit UAE data centre

While it is unclear if the incident is related to the conflict between the US and Iran, the fire broke out on the same day Iranian projectiles struck the UAE in retaliation for US and Israeli strikes

Amazon cloud suffers outage after unidentified objects hit UAE data centre
Updated On : 02 Mar 2026 | 10:47 AM IST

West Asia oil output may need to stop if Hormuz closed for 25 days

Around 19 million barrels a day of liquid fuel exports, including 16 million barrels a day of crude, transit the strait

West Asia oil output may need to stop if Hormuz closed for 25 days
Updated On : 02 Mar 2026 | 10:42 AM IST

Khamenei's killing complicates planned summit between Trump, Xi Jinping

While Iran, Venezuela aren't considered important partners for China, Trump's campaign of regime change raises the question of whether the next target could be a leader with much closer links to Xi

Khamenei's killing complicates planned summit between Trump, Xi Jinping
Updated On : 02 Mar 2026 | 9:57 AM IST

European gas could jump 130% on Hormuz disruption: Goldman Sachs

Benchmarks in Europe and Asia have hardly priced in risk premiums associated with Iran, Goldman analysts including Daan Struyven said

European gas could jump 130% on Hormuz disruption: Goldman Sachs
Updated On : 02 Mar 2026 | 9:33 AM IST

More LNG tankers divert from Strait of Hormuz amid widening Iran crisis

At least 13 empty LNG tankers that were on the eastern side of the chokepoint have diverted away, according to ship-tracking data

More LNG tankers divert from Strait of Hormuz amid widening Iran crisis
Updated On : 02 Mar 2026 | 9:08 AM IST

Economists gauge hit from West Asia war as China seen among losers

Chinese refiners would be impacted if Iranian barrels are disrupted, given they import an estimated 99% of Iranian exports, equivalent to about 13% of Chinese seaborne crude imports in 2025

Economists gauge hit from West Asia war as China seen among losers
Updated On : 02 Mar 2026 | 9:00 AM IST

Strikes to continue in Iran until objectives achieved, says Trump

Trump called on Iranian military and police to surrender "for full immunity or face certain death"

Strikes to continue in Iran until objectives achieved, says Trump
Updated On : 02 Mar 2026 | 8:51 AM IST

UAE announces closure of embassy in Tehran in response to Iranian strikes

Dubai and Abu Dhabi have faced hundreds of missiles and drone attacks from Iran since Saturday morning, with Tehran retaliating against US-Israeli airstrikes

UAE announces closure of embassy in Tehran in response to Iranian strikes
Updated On : 02 Mar 2026 | 8:47 AM IST

Ships avoid Hormuz as Iran raises threats and conflict in West Asia spreads

The Strait of Hormuz is a crucial chokepoint for energy markets because a fifth of the world's seaborne oil and liquefied natural gas typically passes through each day

Ships avoid Hormuz as Iran raises threats and conflict in West Asia spreads
Updated On : 01 Mar 2026 | 11:12 PM IST

Nvidia partners with telecom firms to make sure 6G networks embrace AI

Nvidia is teaming up with a group of telecommunications companies including Nokia Oyj, SoftBank Group Corp. and T-Mobile US Inc

Nvidia partners with telecom firms to make sure 6G networks embrace AI
Updated On : 01 Mar 2026 | 1:28 PM IST

World leaders call for swift end to Iranian crisis after Khamenei's death

Malaysia's PM Anwar Ibrahim urged an immediate, unconditional end to hostilities and called on the US and Iran to pursue a diplomatic off-ramp instead of escalation in the Middle East tensions

World leaders call for swift end to Iranian crisis after Khamenei's death
Updated On : 01 Mar 2026 | 9:44 AM IST

Bitcoin recovers above $68,000 after death of Iranian Supreme leader

Cryptocurrencies had recovered roughly $32 billion in market value by Sunday morning, after shedding about $128 billion the previous day, according to data from CoinGecko

Bitcoin recovers above $68,000 after death of Iranian Supreme leader
Updated On : 01 Mar 2026 | 9:18 AM IST

Diplomacy shifts to war: How Donald Trump's team decided to attack Iran

Trump's goal was to pressure Iran's rulers to do what they have resisted for decades: give up their nuclear and long-range missile programs and stop supporting its armed proxies

Diplomacy shifts to war: How Donald Trump's team decided to attack Iran
Updated On : 01 Mar 2026 | 9:02 AM IST

China's key policy meeting puts tech, stimulus in focus for investors

At the weeklong gathering of the National People's Congress starting March 5, officials are expected to set a 2026 growth target of 4.5% to 5%, down from around 5% in recent years

China's key policy meeting puts tech, stimulus in focus for investors
Updated On : 01 Mar 2026 | 8:32 AM IST

Bolivia to destroy $62 million cash scattered in plane crash that killed 22

A military cargo plane filled with new bills for Bolivia's central bank crashed near El Alto International Airport on Friday afternoon, killing at least 22 and injuring at least 37

Bolivia to destroy $62 million cash scattered in plane crash that killed 22
Updated On : 01 Mar 2026 | 7:50 AM IST