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New flights evacuate travellers stranded by Middle East war
Adidas shares slump on outlook, Mideast war impact uncertain
Adidas shares slump on outlook, Mideast war impact uncertain

Adidas's shares slumped Wednesday after its 2026 outlook disappointed investors, while the German sportswear giant said any potential impact on its business from the Middle East war was still unclear.

March 04, 2026

RECENT NEWS

EU seeks to stem industrial decline with 'Made in Europe' push
EU seeks to stem industrial decline with 'Made in Europe' push

The EU unveiled Wednesday new "Made in Europe" rules to help bolster the bloc's industries against fierce competition from China in a push held up for months by wrangling over plans some see as overly protectionist.

March 04, 2026

European stocks firm after sell-off on Middle East turmoil
European stocks firm after sell-off on Middle East turmoil

European stock markets firmed on Wednesday after a global rout driven by fears that surging energy prices from the Middle East war could fan inflation and hit the global economy.

March 04, 2026

Iran claims control of key waterway for energy transit
Iran claims control of key waterway for energy transit

Iran's Revolutionary Guards said Wednesday they had total control of the Strait of Hormuz, a key waterway for global energy transit, as Israel launched a new wave of strikes on the Iranian capital.

March 04, 2026

RECENT NEWS

Myanmar drivers scramble for fuel as Mideast war cuts supply
Myanmar drivers scramble for fuel as Mideast war cuts supply

Snaking queues of vehicles waited in Myanmar for shrivelling petrol supplies on Wednesday, with some gas stations shuttered as fuel stocks dried up due to the war in the Middle East.

March 04, 2026

RECENT NEWS

Adidas shares slump on downbeat profit outlook
Adidas shares slump on downbeat profit outlook

Adidas shares slumped Wednesday after the German sportswear giant gave a disappointing 2026 profit forecast and warned of a 400-million-euro ($465-million) hit from US tariffs and exchange rate effects.

March 04, 2026