Business updates

Business updates

S&P 500 sinks 2%, US bond yields surge as Iran war shows no signs of abating

The gold price falls 5.4% to $5,035.53 an ounce, brent crude briefly tops $85/barrel, as US bond yields surge 4 bps to 4.07%.>

Apple debuts more M5 chips with MacBook Pro, and refreshes MacBook Air

Apple’s latest Mac refresh doubles down on the M5 era, bringing new Pro and Max silicon to MacBook Pro and a faster, better-equipped MacBook Air into the spotlight>

Iran war: Iraq halves output at Rumaila oilfield as Strait of Hormuz is blocked

Iran's Islamic Revolutionary Guard Corps has declared the Strait of Hormuz closed amid an escalating war with Israel and the US.>

Iran's missile math: $20,000 drones take on $4 million patriots

Both Iran and the US may run low on weapons in a matter of days or weeks. Whoever can last longer will gain a serious advantage.>

Is stock market open today? Know Sensex, Nifty March 3 trading schedule

Is stock market open: National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed today, March 3 due to Holi celebration. >

Crude shock for India as New Delhi emerges most vulnerable to Iran war

With Strait of Hormuz shut and Russian oil a no-go zone, India is stuck between a rock and a hard place, especially due to its thin crude oil reserves.>

Apple iPhone 17e refresh builds with more speed, storage and pragmatism

With A19 chip, a new C1X modem and doubled base storage, a sharpened iPhone 17e may well come into the reckoning for anyone also considering the iPhone 17>

Apple iPad Air finally gets the M4 chip upgrade, and lot more value

Apple’s iPad Air gets the M4 chip it arguably should have had earlier, and significantly strengthens its case as Apple’s most versatile tablet>

LNG prices surge by 50% in Europe after Qatar shuts world's largest gas plant

QatarEnergy’s Ras Laffan plant, which supplies about a fifth of global LNG supply, came under drone attack, in a dramatic escalation of the Iran war.>

Iran war: Saudi Aramco shuts down Ras Tanura refinery after drone strike

Brent crude oil prices spiked to $80/barrel after reports that Saudi Aramco has shut down its Ras Tanura refinery.>

Credits : HTimes