US confirms death of Iranian IRGC naval commander
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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.
LGT’s Prince Max Urges Global Asset Diversification
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)
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Higher inflation is coming — import prices show biggest increase in four years
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.
What Goldman’s Insurance Survey Signals About Economy, PE
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 Assure Residents, Warn Against Hoarding Fuel
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.
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Arm’s stock shoots toward best day in a year as an Nvidia-like chapter may be starting
Arm could dominate the CPU market the way Nvidia has come to dominate the GPU market, an analyst says.
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U.S. Crude Oil Inventories Surge Much More Than Expected
(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.