UK’s Renewables Output Hits Record, Helping to Blunt Iran Shock
The UK’s renewables power output hit a record on Wednesday, with a surge in wind and solar generation helping to blunt the impact of the Middle East war on power prices.
The UK’s renewables power output hit a record on Wednesday, with a surge in wind and solar generation helping to blunt the impact of the Middle East war on power prices.
LGT Chairman, Prince Max von und zu Liechtenstein tells Bloomberg’s David Ingles he’s concerned about rising geopolitical risks and called on investors to spread their assets globally at the Bloomberg Family Office Summit 2026 in Hong Kong. (Source: Bloomberg)
Wall Street was already worried about another surge in inflation tied to the Iran war. Now a stunningly large increase in the cost of imported goods has added to the angst.
Goldman Sachs released its annual insurance survey revealing that executives in the insurance sector expect a US recession within the next three years. Mike Siegel, global head of insurance asset management and liquidity solutions at Goldman Sachs Asset Management, discusses the survey results on “Bloomberg Open Interest.” (Source: Bloomberg)
African nations from South Africa to Kenya said they have sufficient fuel and warned against hoarding amid fears of shortages caused by the Iran war, even as counterparts in Asia began rationing and restricting exports.
Arm could dominate the CPU market the way Nvidia has come to dominate the GPU market, an analyst says.
(RTTNews) – The Energy Information Administration released a report on Wednesday showing another significant increase by U.S. crude oil inventories in the week ended March 20th.
The Pentagon wants to shift roughly $1.5 billion in previously approved funding to buy critical missile interceptors from Lockheed Martin Corp. and RTX Corp., according to the acting comptroller — weapons that are in short supply as the war in Iran consumes vast amounts of the munitions.
President Donald Trump suggested a one-month cease-fire, but some reports say Iran has rejected the deal.