March 23 (Reuters) - Major brokerages have raised their 2026 average oil price forecasts as the U.S.-Israeli war with Iran drove oil prices sharply higher this month. Morgan Stanley raised its 2027 Brent oil price forecast to $80 per barrel, saying it expects a lasting repricing of geopolitical risk after the Strait of Hormuz disruption left the market structurally tighter...

05:10 AM EDT, 03/25/2026 (MT Newswires) -- Meta Platforms ( META ) is experiencing delays in releasing its new Ray-Ban smart glasses within the European Union due to inventory limitations alongside artificial intelligence and non-removable battery regulations, Bloomberg News reported Wednesday, citing a person with knowledge of the situation. The company is limiting the product to the US market while...

05:07 AM EDT, 03/25/2026 (MT Newswires) -- Alibaba ( BABA ) shares were up 4.8% in premarket trading and JD.com ( JD ) were up 4.6% after China's competition regulator indicated it favored consolidation in the food-delivery sector, according to news outlets. Bloomberg reported that China's market regulator held a seminar on the need to curb competition in the space...

March 25 (Reuters) - Footwear maker On Holding ( ONON ) on Wednesday said its co-founders David Allemann and Caspar Coppetti will take over as co-CEOs from May 1, replacing Martin Hoffmann. Hoffmann will leave the company after a five-year term as CEO. He will remain an adviser through March 2027, the company said in a statement. The company said...