BUSINESS

The 'Strait' Jacket: How Hormuz Closure Threatens to Freeze Australia's Slim Fuel Reserves

The 'Strait' Jacket: How Hormuz Closure Threatens to Freeze Australia's
SYDNEY — As the effective closure of the Strait of Hormuz drags into its fourth week, Australia's critically low fuel reserves — just 36 days of petrol, 32 days of diesel and 29 days of jet fuel — are coming under intense pressure, raising fears that a prolonged disruption could force rationing, empty regional bowsers and push unleaded prices toward or beyond $3 a litre.
This illustration photograph taken on November 22, 2024 in Istanbul shows a coin imitation of the Bitcoin crypto currency arranged beside a screen displaying a trading chart

Australian Investors Cautiously Buying Bitcoin on Dips via ETFs and SMSFs

SYDNEY — Australian investors are showing mixed but resilient interest in Bitcoin in early 2026, with many continuing to accumulate the cryptocurrency on price weakness through regulated exchange-traded funds and self-managed superannuation funds even as the digital asset trades near one-year lows around $69,000–$71,000.
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Netflix Stock Surges 13.8% as Company Walks Away from Warner

Netflix (NFLX) Stock Edges Higher to Around $93.40 in Midday Trading as Investors Await Q1 2026 Earnings

Netflix Inc. shares rose modestly about 0.5% to around $93.40 in midday trading Tuesday, March 24, 2026, extending a recent recovery as the streaming giant prepares to report first-quarter results next month while continuing to expand its advertising business and invest heavily in content. The move followed a 1.7% gain the previous session that closed the stock at $93.38.
Opportunity Knocks for Corporate M&A Deals in Face of Volatility

Opportunity Knocks for Corporate M&A Deals in Face of Volatility

Volatility in global markets is reshaping how companies pursue growth, prompting a shift towards opportunistic expansion and away from longer-term strategic dealmaking, according to the latest Dealmakers M&A survey from Pitcher Partners.
US libertarian billionaire Peter Thiel is one of the investors in the Games

Top 5 Companies Where Peter Thiel Invested the Most: Palantir Leads with $10B+ Stake

SAN FRANCISCO — Peter Thiel, the billionaire co-founder of PayPal and Palantir Technologies and a prominent venture capitalist through Founders Fund, has built one of the most influential investment portfolios in tech history. As of March 2026, his holdings reflect a mix of early-stage bets that exploded in value and strategic public market positions, with Palantir Technologies standing out as his largest single investment by current market value.
Dow Jones

Dow Jones Today March 23 2026: DJIA Closes at 45,577.47 Amid Sharp 1% Drop

NEW YORK — The Dow Jones Industrial Average closed sharply lower on its last trading session before the March 23, 2026, weekend, falling 443.96 points, or 0.96%, to settle at 45,577.47. The decline on March 20 capped a volatile week for U.S. equities, driven by persistent pressures from rising oil prices, geopolitical uncertainties, and fading expectations for near-term Federal Reserve interest rate cuts.
Croda International PLC

Croda International PLC Stock Today March 23 2026: CRDA.L Shares Rise to 2,597 GBp Amid Positive Sentiment

LONDON — Croda International PLC (LSE: CRDA), the U.K.-based specialty chemicals company, saw its shares close at 2,554.00 pence on March 20, 2026, the most recent trading day before the March 23 weekend, marking a 1.43% gain from the previous close of 2,518.00 pence. The stock opened at 2,537.00 pence and traded in a day's range of 2,522.00 to 2,572.00 pence on volume of approximately 1.51 million shares.

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