Author: Press Room

Australia’s Qantas Airways, Scandinavia’s SAS and Air New Zealand announced airfare hikes on Tuesday (Mar 10), blaming an abrupt spike in the cost of fuel caused by the Middle East conflict.Jet fuel prices, which were around US$85 to US$90 per barrel before US-Israeli strikes on Iran, have soared to between US$150 and US$200 per barrel in recent days, New Zealand’s flag carrier said, adding it was suspending its financial outlook for 2026 due to uncertainty over the conflict.The war, which disrupted shipping via the world’s most vital oil export ​route, has sent oil prices surging, upending global travel, pushing airline…

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International Energy Agency chief says talks aim to assess conditions as US-Israel war on Iran fuels global uncertainty.Listen to this article | 3 minsinfoPublished On 10 Mar 202610 Mar 2026Click here to share on social mediashare2Shareplus2googleAdd Al Jazeera on GoogleinfoThe International Energy Agency (IEA) is set to hold an emergency meeting to assess the situation in the Middle East as the US-Israeli war on Iran continues to roil global energy markets.Fatih Birol, the agency’s executive director, said representatives of IEA member states would meet on Tuesday to assess “the current security of supply and market conditions” amid the conflict.Recommended Stories list of…

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Voters in Georgia’s 14th Congressional District are heading to the polls on Tuesday to elect a replacement for former Republican U.S. Rep Marjorie Taylor Greene.For weeks, residents in northwest Georgia have been able to choose among a crowded field of candidates vying for the vacant U.S. House seat, which became open when Greene resigned following a public fight with President Trump.Twenty-two candidates initially filed to run for the seat, but that number dropped to 17 candidates — 12 Republicans, three Democrats, one Libertarian, and one independent — after a handful of withdrawals. All candidates, including those who had withdrawn after qualifying,…

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NEWYou can now listen to Fox News articles! Philadelphia police are still searching for a suspect from a deadly February shooting, releasing surveillance video Monday in hopes of identifying the gunman.The newly released footage shows the victim’s car rolling to a stop on Upland Street before the unnamed victim and another man exit the vehicle and engage in a southwest Philadelphia fist fight Thursday, Feb. 26. During the altercation, police say one fatal shot was fired into the victim’s stomach.”The vehicle is registered to the 40-year-old shooting victim, so it is his vehicle,” Philadelphia Police Department chief inspector Scott Small…

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Canadian crude oil exports shipped from the West Coast nearly doubled in 2025 to reach a new record, with most of it coming via the Trans Mountain pipeline, according to a new report. This comes as Prime Minister Mark Carney aims to double Canadian exports to non-U.S. customers amid the trade war and U.S. tariffs, including for oil, liquefied natural gas and other resources.Record cargo volumes were shipped out of Canada’s West Coast in 2025, the Vancouver Fraser Port Authority said in a report released Monday, with grain, crude oil and potash products leading the way.A total of 170.4 million…

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GAS PRICES ON THE RISEGenerally, Asia is even more heavily reliant on the Middle East’s LNG supplies. In 2025, almost 90 per cent of the total volumes exported via the Strait of Hormuz was destined for the Asian market.Together with South Asia, Southeast Asia is the fastest-growing region in terms of natural gas demand.An inability to secure LNG imports in the short term could primarily affect the power generation sector of several countries and the region’s long-term plans in developing natural gas-based economies, said Purwanto.Even if the Strait of Hormuz opens, Rystad Energy’s Pang expects that it could take up…

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Evercore ISI remains “unimpressed” as Kohl’s (NYSE: KSS) came in ahead of earnings estimates for its fiscal Q4.In a research note dated March 10th, the investment firm said structural cracks in the business remain wide, adding the post-earnings surge looks more like a “relief rally” than the start of a sustainable recovery.According to its analysts, investors are weighing a surprise profit against a backdrop of shrinking sales – and a turnaround strategy that appears to be “backtracking.”What didn’t work for Kohl’s stock in Q4?Evercore ISI’s bear view is based on the apparent failure of Kohl’s recent strategic pivot.The retailer spent…

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Stay informed with free updatesSimply sign up to the Financial services myFT Digest — delivered directly to your inbox.Creditors to Market Financial Solutions, the UK mortgage provider that collapsed suddenly last month amid allegations of fraud, are facing an alleged shortfall of £1.3bn after discovering a network of borrowers seemingly tied to its owner, with more than a quarter of a billion pounds unaccounted for.Creditors alleged in court filings in London that eight companies that were supposedly “genuine borrowers” from MFS were in fact “closely connected” to the firm’s owner, Paresh Raja. These borrowers from MFS were placed into administration…

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