March 2026 - Page 9 of 14

AI Won’t Kill Software Industry, Tech Leaders Say

Software companies are pushing back against claims that artificial intelligence will replace traditional software, arguing that the industry is evolving rather than disappearing. Oracle executive Mike Sicilia rejected fears that AI-powered startups

12/03/2026

Technology

U.S. Revives Tariff Pressure With New Unfair-Trade Investigations

The United States has launched new unfair-trade investigations targeting major global economies, signaling a renewed push by the Trump administration to rebuild tariff leverage. The probes focus on excess industrial capacity and

12/03/2026

Economy

Volkswagen to Cut 50,000 Jobs as Profits Plunge

Volkswagen plans to eliminate 50,000 jobs in Germany by 2030 after profits dropped to their lowest level since 2016. Chief executive Oliver Blume said the cuts will affect multiple divisions across the

11/03/2026

Technology

Meta Faces Pressure to Strengthen Oversight of AI Deepfakes

Meta’s Oversight Board has urged the company to strengthen policies addressing the growing spread of AI-generated fake videos across its social media platforms. Board members warned that the surge of synthetic videos

11/03/2026

Technology

Pound Edges Higher as Oil Shock Fears Divide Markets

The British pound edged higher Wednesday as traders balanced Middle East oil supply risks against reports of potential global reserve releases. Sterling rose 0.1% to $1.3430 against the dollar and gained 0.2%

11/03/2026

Economy

Oracle Stock Jumps 10% as AI Revenue Outlook Calms Investor Concerns

Shares of Oracle Corporation surged nearly 10% in premarket trading after the company issued a strong revenue forecast tied to growing demand for AI infrastructure. Despite entering the cloud market later than

11/03/2026

AI

Campbell’s Cuts Forecast as Consumers Turn to Cheaper Brands

The Campbell’s Company lowered its annual sales and profit outlook as inflation pressures push consumers toward cheaper food alternatives. Shares fell nearly 6% in premarket trading after the company also reported second-quarter

11/03/2026

Finance

Qatar LNG Disruption Forces Energy Giants to Declare Force Majeure

Major energy companies including Shell plc and TotalEnergies have declared force majeure to clients following supply disruptions from QatarEnergy, sources said. Several LNG portfolio players and offtakers notified customers they may be

11/03/2026

Finance

Eli Lilly Plans $3 Billion China Investment to Expand Weight-Loss Drug Production

Eli Lilly announced plans to invest $3 billion in China over the next decade, aiming to expand manufacturing capacity for its experimental diabetes and obesity drug, orforglipron. The investment will support production

11/03/2026

Economy

Global Stocks Slip as Oil Volatility and Middle East Tensions Rattle Markets

Global stocks edged lower Wednesday as volatile oil prices and uncertainty surrounding the U.S.–Israeli stance toward Iran unsettled investors and heightened concerns about inflation. Markets remained cautious amid fluctuating crude prices and

11/03/2026

Economy