Asian equity markets plunged again Wednesday while oil extended gains as the United States and Israel pressed on with their war on Iran, with investors growing fearful about a surge in inflation and the impact on the global economy.
Europe should focus on competing in industrial AI, a top executive at German software giant SAP said, as the continent plays catch-up in the race for the cutting-edge technology against the United States and China.
In a Shanghai shopping centre, customers browsed racks of used winter coats, $2 trousers and household appliances -- pre-used items that would have been out of place in a major Chinese mall a decade ago.
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Politics
Iran's supreme leader Ali Khamenei's death is "historically significant" but will not "automatically" lead to the fall of the Iranian system, the widow of the country's last shah told AFP in an interview Tuesday.
March 04, 2026
RECENT NEWS
Iran expanded its retaliatory missile and drone barrage across the Middle East on Tuesday, hitting another US consulate and base, even as the United States and Israel said they had pummeled key sites inside Tehran.
March 03, 2026
RECENT NEWS
Energy prices have surged dramatically since the United States and Israel launched their attack on Iran Saturday, and that will almost certainly translate into bigger profits.
March 03, 2026
Liverpool suffered an embarrassing 2-1 defeat at Wolves as Andre's stoppage-time strike sealed a dramatic victory for the Premier League's bottom club on Tuesday.
March 03, 2026
Drones and missiles hit oil facilities and US diplomatic missions in the Gulf on Tuesday as Iran retaliated to fresh strikes.
March 03, 2026
Sports
Atletico Madrid struggled through a 3-0 Copa del Rey semi-final second leg defeat at Barcelona on Tuesday but scraped into the final 4-3 on aggregate.
March 03, 2026
RECENT NEWS
US equities joined a global equity rout Tuesday due to surging oil prices, but cut their losses after President Donald Trump announced steps to safeguard commerce in the Strait of Hormuz.
Donald Trump's brutal immigration crackdown, polarized politics and a war unleashed on Iran have tarnished the global image of the United States just under 100 days before millions of fans are expected to visit for the World Cup.
A US "dream team" led by Aaron Judge will seek revenge against Shohei Ohtani's defending champions Japan in the World Baseball Classic, as the sport's premier international competition begins Thursday.
Portuguese veteran Cristiano Ronaldo has a hamstring tendon injury, his Saudi Arabian club Al-Nassr announced on Tuesday, but his participation in the 2026 World Cup does not appear to be in doubt.
March 03, 2026
Politics
France is sending its flagship aircraft carrier to the Mediterranean in response to the widening conflict in the Middle East, President Emmanuel Macron announced Tuesday.
March 03, 2026
RECENT NEWS
A federal judge ruled on Tuesday that US President Donald Trump cannot block New York City from charging motorists to drive in congested parts of Manhattan.
US President Donald Trump threatened Tuesday to sever all trade with Spain after it refused to let US planes use its bases to attack Iran, while also lashing out at Britain for not cooperating more.
French President Emmanuel Macron ordered an aircraft carrier group to the Mediterranean in response to the widening Middle East conflict and said the US-Israel strikes on Iran were outside international law.
European champions England made a winning start to their bid for automatic qualification for the 2027 Women's World Cup as they hammered Ukraine 6-1 in Antalya, Turkey, on Tuesday.
March 03, 2026
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