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- Oil is set to hit $100 a barrel in days and even reach $150, experts say as crucial Strait of Hormuz remains shut to tankers and US says war could continue for six weeks
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By Genna Contino The investing app is stepping into the premium credit-card market long dominated by American Express and big banks Robinhood’s new Platinum credit card offers travel and dining perks – but how does it stack up against the legacy American Express Platinum card? Investing platform Robinhood (HOOD) is taking aim at the premium credit-card market with the launch of a $695-a-year Platinum credit card, an attempt to compete in the premium-rewards cards space long dominated by American Express (AXP), Chase (JPM) and Capital One (COF). The card leans into exclusivity. It is plated with 99.9% pure platinum and…
City Developments sold 140 of the 246-unit Newport Residences on the edge of Singapore’s central business district over the weekend, adding to signs of robust property demand in the city-state. Source link
Dangote Petroleum Refinery & Petrochemicals reassures Nigerians of its unwavering commitment to serving as a stabilising force amid recent shocks in the international oil market. The conflict in the Middle East has led to the shutdown of some refineries and cut in refinery production across the world. This is leading to a global scarcity of petroleum products. China has banned export of gasoline and diesel. The Dangote Refinery will ensure that Nigeria is insulated from these supply shocks by prioritising supply to the domestic market. This is one of the many benefits of domestic refining The conflict has driven global…
In the fourth quarter of 2025, Lemonade’s (LMND +0.55%) customer count increased by 23% year over year, its premiums per customer rose 7%, and its revenue grew by 53% — all solid improvements. The upstart insurance company believes its results are starting to validate its strategy of utilizing artificial intelligence (AI) at the core of its operations. While it isn’t profitable now, management forecasts that it will report positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q4 2026. Its recent earnings report was encouraging, but it still wasn’t enough to prevent Lemonade’s stock price from plummeting by…
Indian refiners buying prompt Russian oil as Iran war hits supplies, sources say | World News
Indian refiners are buying millions of barrels of prompt Russian crude oil cargoes as the South Asian nation seeks to navigate an oil supply crunch triggered by the Middle East conflict, six sources familiar with the matter said.After months of Washington pressuring New Delhi to avoid buying Russian barrels in an effort to reduce money flowing to Moscow’s war effort in Ukraine, the US Treasury Department issued a 30-day waiver on Thursday allowing India to buy Russian oil currently stuck at sea. “To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day…
5 best investment apps and tools for Gen Z investors in Global South 05 March, 2026, 07:10 pm Last modified: 05 March, 2026, 09:52 pm 05 March, 2026, 07:10 pm Last modified: 05 March, 2026, 09:52 pm TBS Illustration”> TBS Illustration We all know the traditional wealth-building playbook does not really apply to today’s youngest market participants. High account minimums and confusing interfaces are used to keep young investors on the sidelines. A 2025 study from CoinLaw found that 77% of US Gen Z investors began putting their money to work before age 25. This massive shift is driven entirely…
In this episode of Inside Commercial Property, host Phil Tarrant is joined by Scott O’Neill, CEO of Rethink Group, and Margie Baldock, senior buyer’s advocate at Rethink Investing, for a candid conversation on what really drives successful commercial property investing, beyond just yields and headlines. The discussion opens with the latest interest rate movement and its unexpected impact on investor behaviour. Scott explains why rising rates may actually strengthen the commercial case, as capital shifts away from low-yielding residential portfolios and towards higher-income, long-term assets. The episode also touches on the capital gains tax debate and why structural differences between…
TEMPO.CO, Jakarta – Indonesian Industry Minister Agus Gumiwang Kartasasmita stated that the conflict between the U.S.-Israel and Iran triggered global energy price volatility and disrupted international trade routes, which could affect the competitiveness of the local manufacturing sector.”We are constantly monitoring the developments of the conflict in the Middle East because the region is one of the world’s energy centers and a very important global logistics route,” said Agus Gumiwang in a written statement on Thursday, March 5, 2026.According to Agus Gumiwang, the potential disruption of the global energy distribution system would have the most significant impact on the manufacturing sector. He…
Stock market sentiment has shifted towards value shares in 2026. But the big question is whether this rotation is a short-term issue or something investors should pay attention to? The short answer is that it depends: the smart money (that is, institutional investors who are controlling huge amounts of money) says value stocks are going to outperform over the next 12 months, but the long-term picture looks quite different. According to the latest data from Bank of America, 43% of fund managers expect value to be the winning theme for the next 12 months. That might not sound like a…
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