Mukesh Ambani’s Reliance Jio has partnered with Elon Musk’s SpaceX to bring Starlink to India after months of rivalry. The deal, pending government approval, provides Starlink with a low-cost entry, tapping into India's booming satellite market while boosting Jio’s reach.
The US has upheld Iraq's waiver for Iranian gas imports but revoked its power import exemption. The decision poses challenges for Iraq's energy sector, which relies heavily on Iranian gas. The US urges Iraq to diversify energy sources and reduce dependence on Iran.
Spotify paid a record $10B in royalties in 2024, with 1,500+ artists earning over $1M. Despite growth, it faced legal challenges over songwriter payments, though a U.S. lawsuit was dismissed. Streaming's impact on artist revenue remains a key industry debate.
Mikel Arteta downplayed extra pressure on Arsenal ahead of their Champions League clash with PSV, despite struggles in the Premier League. After a 7-1 victory, Arteta emphasized the team's passion for the competition, acknowledging no added pressure to perform.
Greenland heads to elections with independence as a key issue amid Trump’s renewed interest in acquiring the island. Prime Minister Egede rejects US ownership, reaffirming Greenland’s sovereignty. Inuit Ataqatigiit leads the polls, with results expected on March 12.
Ukrainian and U.S. officials met in Jeddah to discuss a peace roadmap after Ukraine's largest drone attack on Moscow. Zelenskyy seeks to mend ties with the U.S., while Washington weighs Kyiv’s willingness to compromise. European allies urge caution in negotiations.
UN envoy Xia Huang met DR Congo’s President Tshisekedi to discuss Great Lakes peace ahead of a key UN meeting. Talks focused on de-escalation, Resolution 2773, and rebel violence. The UN aims to support stability as M23 rebels advance, worsening regional tensions.
The Syrian Defense Ministry has declared the end of its operation against loyalists of ousted President Bashar al-Assad. Over 1,000 people, mostly civilians, were killed during the fighting. Public services are resuming, and an investigation into the violence is underway.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
EU lawmakers raised concerns about the digital euro project after a major failure in the ECB’s payment system, Target 2, which caused delays in transactions. Critics question the ECB's ability to manage the project, with some demanding improved systems before moving forward.
US stock futures dropped amid growing concerns over the impact of the Trump administration’s tariffs. Major stocks like Nvidia, Meta, Amazon, and Tesla saw losses. China’s retaliatory tariffs and rising recession fears added to market uncertainty. Bitcoin also fell 4%.
Social media platform X is facing a major outage, affecting thousands in the UK and US. Downdetector reports over 21,000 issues in the US and 10,800 in the UK. X has not yet responded, leaving users frustrated. The cause remains unclear, and service is still down.
Australia has activated income support for workers affected by ex-Tropical Cyclone Alfred, which caused severe flooding, power outages, and damage. Workers whose income drops below the average weekly wage can receive up to 13 weeks of financial assistance.
Traton forecasts slow growth for 2025 due to weak European demand and a decline in electric vehicle sales. The company expects a sales change of -5% to +5% and focuses on improving efficiency amid global economic uncertainty and geopolitical challenges.
Deliveroo exits Hong Kong, selling assets to Foodpanda due to consistent losses and market challenges. Despite efforts to expand, Hong Kong operations made up only 5% of global transactions. The company will close remaining assets and wind up its business by April 7.
Ukrainian President Zelenskyy meets Saudi Crown Prince before crucial U.S. talks. With Ukraine facing military pressure, Zelenskyy seeks a ceasefire and aid, while the U.S. shifts its stance. The delegation will discuss a vital minerals deal for continued support.
US Senator Lindsey Graham warned that cutting US military aid and intelligence to Ukraine could have worse consequences than Afghanistan. He stressed Ukraine needs continued support and vowed to introduce sanctions on Russia if peace talks fail, amid a pause in US aid.
Malaysia’s palm oil stocks fell to 1.51 million tons in February, the lowest in nearly two years, due to lower production and exports. Crude palm oil output dropped 4.16%, while exports fell 16.27%. The decline may impact global prices, with supply and demand shaping future trends.
Trump has sent a letter to Iran’s Supreme Leader, Ayatollah Khamenei, seeking dialogue on Iran’s nuclear program. He warned that without negotiations, the U.S. would take further action to prevent nuclear weapons. Global attention is now focused on potential talks.
Walgreens Boots Alliance is going private after Sycamore Partners sealed a $10 billion deal, ending nearly a century on public markets. Struggling with competition and changing consumer habits, Walgreens aims to reinvent itself away from the pressures of being publicly traded.
Italy’s League party urges the government to favour Starlink over French-led Eutelsat for satellite communication systems, citing Starlink's technological edge. The push comes amid delays in the EU’s IRIS² program, as Italy seeks secure communication solutions for officials.
Saudi Arabia has reduced oil prices for Asia by 40 cents per barrel, its first cut in three months. This follows OPEC+'s decision to increase supply by 138,000 barrels per day for April. The move aligns with market expectations, as Russian and Iranian oil supplies to China rise.
Despite the US exit from the Paris Agreement, UK climate envoy Rachel Kyte reaffirms Britain’s commitment to climate goals, stressing the importance of global action and green energy investments.
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