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World

Marvell shares jump as AI chip demand drives strong outlook

Shares of Marvell Technology surged nearly 12% in premarket trading Friday after the chipmaker projected strong multi-year growth fueled by booming demand for artificial-intelligence infrastructure.

06 Mar 2026-14:56
EU pushes Italy for tighter rules on “golden powers” in banking

The European Commission is pressing Italy to further revise its golden power legislation after earlier reforms failed to ease EU concerns that Rome’s oversight of banking mergers may breach EU rules.

06 Mar 2026-14:30
Ukraine accuses Hungary of detaining bank employees with $82M

Ukraine has accused Hungary of “taking hostage” seven employees of its state savings bank Oschadbank, who were transporting around $82 million in cash and gold through Hungary, as part of a growing dispute over oil transit.

06 Mar 2026-14:15
Ford recalls 1.74 million US vehicles over rearview camera issue

Ford Motor Co is recalling 1.74 million vehicles in the U.S. due to a defect that may prevent rearview camera images from displaying properly, the National Highway Traffic Safety Administration (NHTSA) said Friday. The issue can reduce a driver’s visibility when reversing, increasing the risk of accidents.

06 Mar 2026-13:49
Fuel tankers reroute to Asia amid Iran conflict and high margins

Two tankers carrying diesel and jet fuel from Reliance Industries Ltd in India have changed course from Europe to Asia, according to trade sources and shiptracking data. The move reflects rising Asian fuel demand and tightening supply caused by the ongoing conflict in Iran.

06 Mar 2026-13:35
Over 50 French ships stuck in Gulf amid regional tensions

A total of 52 French ships are currently blocked in the Arabian Gulf, while another eight are stranded in the Red Sea, France’s Transport Minister Philippe Tabarot said as Paris seeks to form an international coalition to secure maritime traffic in the region.

06 Mar 2026-12:59
Romania rules out hosting nuclear weapons, says president

Romania will not host nuclear components on its soil in the medium term, President Nicusor Dan said Thursday, responding to recent French plans to expand nuclear deterrence and involve European partners.

06 Mar 2026-12:49
UK arrests four over suspected spying for Iran

British authorities have arrested four men in connection with suspected espionage on behalf of Iran, following an investigation into surveillance of locations and individuals within London’s Jewish community.

06 Mar 2026-12:30
Algerian plane crash kills two

Algerian military transport plane crash kills two officers/

06 Mar 2026-12:19
US war on Iran costs $3.7B in first 100 hours: Report

The first 100 hours of the US war on Iran are reportedly estimated to have cost about $3.7 billion, or roughly $891.4 million per day

06 Mar 2026-10:52