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• Asian stock markets, including South Korea, Japan, the Hang Seng Index, and the Shanghai Composite, plunged on Monday following a period of record AI-driven gains. • Taiwan's Taiex saw a sharp decline, highlighted by a 3% drop in shares of semiconductor giant TSMC, a critical supplier for Nvidia. • The downturn is attributed to a correction after a massive tech rally and heightened geopolitical tensions following renewed attacks from Iran.

• South Korean stocks plummeted 4% on Friday, driven by a sharp decline in tech heavyweights following a sell-off of AI-linked names on Wall Street. • The downturn extended across Asia-Pacific markets, with Hong Kong's Hang Seng index dropping 0.46% and the CSI 300 declining 0.29%. • This shift reflects a broader market rotation away from chip stocks, which paradoxically helped the Dow Jones Industrial Average reach a record close.

Fireworks displays will replace all drone shows at the iconic festival after a technical issue saw dozens fall from the sky on Monday nightGet our breaking news email, free app or daily news podcastVivid Sydney has cancelled all remaining drone shows after 83 fell from the sky into Darling Harbour this week, prompting a “full assessment” of the aerial light show.On Monday, audiences looked on as a performance called Star-Bound suddenly went awry, with “unforeseen technical difficulties” causing 83 drones to plunge into the waters of Cockle Bay and six to land on a boardwalk. No injuries were reported. Continue reading...

Event organisers blame ‘unforeseen technical difficulties’ for the drone malfunction, with four performances cancelledFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAbout 90 drones have plummeted from the sky and plunged into Sydney’s Darling Harbour during an aerial drone show, prompting a second event to be cancelled later in the evening.Vivid Sydney said “unforeseen technical difficulties” occurred during Monday’s 7.30pm performance of the show, called Star-Bound, resulting in 89 drones falling into the water at Cockle Bay in Darling Harbour. No injuries have been reported. Continue reading...

• The BSE Sensex surged over 1,000 points to close near 76,500, while the Nifty50 ended above the 24,000 mark, both rising approximately 1.4% on Monday. • The rally was supported by positive global cues and a significant 5% plunge in crude oil prices to two-week lows. • Market sentiment improved as Asian markets rose on hopes for a resolution to the US-Iran conflict, despite President Donald Trump downplaying the chance of an immediate deal.

Member of army squad sent with medics to assist suspected hantavirus patient recounts descent to remote islandThe hardest part of the parachute jump, according to Capt George Lacey, is falling backwards through the air. It is Saturday and Lacey, and his squad of six plus two medics, have just leapt out of an RAF transport, 2,500 metres over the south Atlantic.“The parachute can only go forward so quickly,” he says, meaning that it has to be pulled at precisely the right moment. “So you have to turn into the wind and basically fly backwards, which is a very weird sensation, as you can imagine.” Continue reading...

• Top economist Gary Shilling warned that U.S. stocks face a major correction with the S&P 500 potentially plunging 30% by the end of 2026 amid inflated valuations. • Shilling's forecast coincides with weekly market declines: S&P 500 down 71.47 points or 1%, Dow Jones down 328.58 points or 0.7%, Nasdaq down 357.47 points or 1.5%, and Russell 2000 down 26.12 points or 1%. • The prediction gains traction amid concerns over President Donald Trump's economic policies and Wall Street fears of AI dependence impacting markets.

Vehicle was travelling through Juvisy-sur-Orge when it veered off the road and fell in the riverFour people have been rescued from the Seine near Paris after a bus driven by a trainee driver collided with a parked vehicle before plunging into the river.The bus was travelling through the town of Juvisy-sur-Orge south-east of the French capital when it veered off the road and fell into the Seine, prosecutors said. Continue reading...

Shares in Domino’s Pizza, KFC operator Collins Foods and multi-brand food franchise owner Retail Food Group have all suffered double-digit fallsGet our breaking news email, free app or daily news podcastOnce a symbol of cheap eating, fast food is transforming into a luxury many can no longer afford due to resurgent living costs.This shift is reflected on the ASX, where major pizza, fried chicken and doughnut outlets are seeing significant price drops, raising the question: are consumers so downbeat that they are even giving up on fast food? Continue reading...

The trend has been accelerated by the US-Israel war on Iran, leaving households – and cafe owners – glum, surveys suggestFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastFor many coffee drinkers, takeaway orders are changing from a habitual purchase to an occasional treat, as elevated petrol prices and other living costs leave households feeling glum.This rapid shift in behaviour has disappointed cafe owners and surprised economists, raising an uneasy question: if takeaway coffee sales are falling, is the economy next? Continue reading...

• The American Lung Association, joined by the American Academy of Pediatrics, filed a lawsuit against the EPA's repeal of 2024 limits on mercury and air toxics from power plants. • EPA's action will allow more toxic pollution, impacting children's health nationwide, according to Harold Wimmer, ALA President and CEO. • Pollutants like mercury could lead to brain development issues, asthma attacks, cancers, and premature deaths in exposed communities.

‘Development in reverse’ taking place involving rising energy and food costs and weaker economic growthMore than 32 million people worldwide could be plunged into poverty by the economic fallout from the Iran war, with developing countries expected to be hit hardest.In a report issued amid doubts over a fragile ceasefire, the United Nations Development Programme (UNDP) said the world was facing a “triple shock” involving energy, food and weaker economic growth. Continue reading...

Marine Conservation Society warns that fish numbers have reached dangerous point of declineConsumers should “completely avoid” buying UK-caught cod, the Marine Conservation Society (MCS) has said, as it warned that populations have reached a dangerous point of decline despite zero-catch recommendations.The MCS, an environmental charity, publishes a Good Fish Guide to help consumers and businesses make sustainable seafood choices. Continue reading...

Brent crude oil dropped to $93 a barrel after Trump ceasefire announcement and Iran’s pledge to reopen strait of Hormuz under its managementMiddle East crisis – live updatesFull report: US and Iran agree to provisional ceasefire with Tehran saying it will reopen strait of HormuzOil prices plunged by almost 15% after Donald Trump held off on his threat to bomb Iran into the stone ages on Tuesday night, and Iran’s foreign minister said passage through the strait of Hormuz would be allowed for the next two weeks under the management of its military.With just over an hour until his deadline was due to pass, the US president said he was holding off on threatened attacks on Iran, subject to Tehran agreeing to a two-week ceasefire and reopening of the strait of Hormuz. Continue reading...

• Nike's stock tumbled 13.1% after the company reported better-than-expected quarterly profits but issued weak financial forecasts. • Investors reacted negatively to cautious guidance amid softening consumer demand and competitive pressures in apparel. • The drop underscores broader concerns in consumer discretionary stocks, impacting sector sentiment on Wall Street.

‘There is no doubt that the cells and tissues of the oral cavity, the mouth and the lungs are altered by inhalation from e-cigarettes,’ academic saysGet our breaking news email, free app or daily news podcastVaping is likely to cause lung and oral cancer, researchers have found, as they urged regulators to act now rather than wait decades for a definitive level of risk.Cancer researchers led by UNSW in Sydney analysed reviews of evidence from animal studies, human case reports and laboratory research published between 2017 and 2025, in one of the most detailed assessments to date of whether nicotine e-cigarettes could cause cancer. Continue reading...

• Sysco shares plunged 12% following the announcement of a $29 billion acquisition of Jetro Restaurant Depot, including debt, in a major foodservice industry deal. • The deal aims to expand Sysco's market reach but sparked investor concerns over the high cost and integration risks amid volatile markets. • This merger highlights consolidation trends in the restaurant supply sector, potentially impacting competitors and pricing dynamics.

• Every Magnificent 7 stock has fallen into double-digit losses from 52-week highs, with Microsoft down roughly 32% from its October peak, marking its worst start to a year in history, as the group enters correction territory. • Oil prices surged following Operation Epic Fury beginning February 28, reigniting inflation expectations and shifting rate outlook; markets now price in greater likelihood of rate hikes by year-end rather than cuts. • Excitement around AI infrastructure spending has waned amid concerns over combined capital expenditures for Google, Microsoft, Amazon, and Meta expected to exceed $650 billion in 2026, up 60% from 2025.

• Researchers led by Professor Silvia von Karstedt discovered that loss of Caspase 8 protein in small cell lung cancer triggers inflammation promoting tumor growth and spread. • The study, published in Nature Communications on March 25, 2026, shows this loss reprograms cancer cells into an aggressive neuron-like state associated with relapse. • Findings from the CECAD Cluster of Excellence explain the cancer's notorious aggressiveness and poor prognosis.

Stocks slump in Asia and Europe, gold slides and investors brace for higher oil prices after US president’s threatBusiness live – latest updatesMiddle East crisis – live updatesGlobal stock markets dropped sharply on Monday after Donald Trump threatened to “obliterate” Iran’s power plants unless the strait of Hormuz is opened.Stock markets in Asia and Europe slumped at the start of the week. Japan’s Nikkei share index dropping by 3.4%, China’s CSI 300 down 2.8%, and the South Korean Kospi fell 6.5%. Continue reading...

• President Donald Trump issued a 48-hour ultimatum demanding Iran reopen the Strait of Hormuz or face U.S. "obliteration" of key energy infrastructure, escalating the ongoing conflict into its fourth consecutive week. • U.S. stock index futures fell sharply Sunday evening: S&P 500 futures declined 0.3% to 6,542.25 points, Nasdaq 100 futures fell 0.4% to 24,008.0 points, and Dow Jones futures dropped 0.16% to 45,821.0 points, reflecting market anxiety over potential military escalation. • Major indexes have posted cumulative losses of 4-7% over the past 30 days as concerns mount over the long-term economic impact of prolonged conflict, compounded by stronger-than-expected inflation data reducing expectations for Federal Reserve rate cuts this year.

• The FTSE 100 fell 1.44% on Friday to close at 9,918, down approximately 9% since the Iran conflict began and at its lowest level since December 2025, reflecting broad market weakness across UK equities. • The FTSE 250 mid-cap index declined 1.01% on the day and has dropped 11.3% since the start of the conflict, hitting its lowest level since November 2025, indicating selling pressure across market capitalizations. • Oil prices climbed despite geopolitical uncertainty, with West Texas Intermediate (WTI) rising 2.8% to $98.50, though the Brent-WTI spread has widened sharply, signaling market stress and supply concerns.

• Super Micro Computer shares plunged 28.2% on Friday after US authorities accused a senior executive and two affiliates of conspiring to smuggle advanced Nvidia-based servers to China. • The alleged scheme targeted the export of high-performance computing equipment to China, triggering immediate sharp market reaction and significant shareholder losses. • The charges represent a significant escalation in enforcement actions against technology companies and executives involved in alleged unauthorized export of advanced semiconductor technology.

American Airlines shares dropped 31% year-to-date, United Airlines 23%, and Delta Air Lines 16% amid skyrocketing fuel prices from Iran tensions. Cruise operators Carnival Corporation and Norwegian Cruise Line faced similar pressures from higher energy costs. This contrasts with defense stocks like Lockheed Martin and Northrop Grumman rallying on expanded orders. Investors anticipate prolonged impacts on travel sectors unless conflict resolves swiftly.

Ulta Beauty stock tumbled 12.5% on Friday, March 13, 2026, becoming the biggest decliner in the S&P 500 after reporting quarterly results that fell short of Wall Street profit expectations. The company's profit was hit by a 23% surge in selling, general, and administrative expenses, which reached $1 billion in the period. This decline highlights vulnerabilities in consumer discretionary sectors amid broader market pressures from oil price volatility, with analysts watching for potential impacts on retail spending. Upcoming earnings from peers may signal if this is an isolated miss or indicative of wider consumer weakness.

The Alzheimer’s field is being turned on its head as mounting evidence points to the disease beginning outside the brain many years before symptoms start. This may mean we have to totally rethink how we approach preventing and treating the condition

Biotech firm Immutep Ltd. crashed more than 80% on March 13, 2026, becoming one of the biggest decliners amid a mixed US market session pressured by geopolitical fears. The plunge contrasted with gains in AI leaders like Intel (+1.7%), Tesla (steady at $395), and Nokia (+1.4%), highlighting sector rotation. This extreme volatility amplifies risks in biotech amid elevated VIX at 26.49 and weekly index losses. Investors may monitor clinical trial updates or funding news for rebound potential.

The American Lung Association's 24th annual State of Tobacco Control report warns of potential cuts to federal tobacco programs in 2026, as smoking remains the top preventable killer with 490,000 U.S. deaths yearly. Adult smoking rates fell to 11.6% in 2022 per CDC data, but policy changes could limit quitlines and youth protections. ALA CEO Harold Wimmer stated, 'These decisions directly affect whether people can access quitline counseling and kids are protected from next-generation products.' States are urged to bolster local efforts amid federal uncertainties.