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The Fort Worth Press - Business news from Fort Worth, Dallas, Texas and the USA, daily around the clock in six languages

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Oil prices jump despite strategic reserve release

Oil prices jump despite strategic reserve release
Is that Israel's final blow?

Is that Israel's final blow?
Iran lifts Dollar, sinks Euro

Iran lifts Dollar, sinks Euro
Israel presses Tehran

Israel presses Tehran
Iran and the holy War risk

Iran and the holy War risk
Man set himself alight in fatal Swiss bus fire: prosecutor Man set himself alight in fatal Swiss bus fire: prosecutor
British fintech Revolut gets full UK banking licence

British fintech Revolut gets full UK banking licence

British fintech company Revolut on Wednesday said it had obtained a full UK banking licence from regulators, lifting restrictions on it competing with established retail lenders.

US consumer inflation unchanged but price shocks from Iran war loom

US consumer inflation unchanged but price shocks from Iran war loom
IEA says members to release 400 mn barrels from oil reserves

IEA says members to release 400 mn barrels from oil reserves
US consumer inflation unchanged at 2.4% year-on-year in February US consumer inflation unchanged at 2.4% year-on-year in February
German defence giant Rheinmetall sees business boost from Mideast war

German defence giant Rheinmetall sees business boost from Mideast war

German arms maker Rheinmetall said Wednesday the Middle East war offered new business opportunities, especially for its air defence systems, as it forecast continued strong growth this year.

Malawi court dismisses 15-year lawsuit against Madonna charity

Malawi court dismisses 15-year lawsuit against Madonna charity
Airlines grapple with impact of Mideast war

Airlines grapple with impact of Mideast war
Thai navy says cargo ship attacked in Strait of Hormuz Thai navy says cargo ship attacked in Strait of Hormuz
Airlines in Asia hike fares as Mideast war raises fuel costs

Airlines in Asia hike fares as Mideast war raises fuel costs

Airlines in the Asia-Pacific region, including Qantas, Air India and Cathay Pacific, have hiked fares -- or will soon -- to factor in surging jet fuel prices spurred by war in the Mideast.

Hard-right Chile leader sworn in on promise of change

Hard-right Chile leader sworn in on promise of change
Iran warns of long war that would 'destroy' world economy

Iran warns of long war that would 'destroy' world economy
Lebanon village wants army protection from Israel, Hezbollah Lebanon village wants army protection from Israel, Hezbollah
Strategic oil reserves, a crisis cushion

Strategic oil reserves, a crisis cushion

The 32 member countries of the International Energy Agency (IEA) decided on Wednesday to unlock 400 million barrels of oil from their reserves to ease the impact of the Middle East war.

Russia says internet outages to last as long as 'necessary'

Russia says internet outages to last as long as 'necessary'
Cathay Pacific expects to carry more passengers in 2026

Cathay Pacific expects to carry more passengers in 2026
CEO of Brazil's Nubank on pending US market entry, Trump, AI: interview CEO of Brazil's Nubank on pending US market entry, Trump, AI: interview
Tenstorrent Unveils TT-QuietBox(TM) 2, the First RISC-V AI Workstation With a Fully Open-Source Stack to Deliver Teraflop-Class Inference

Tenstorrent Unveils TT-QuietBox(TM) 2, the First RISC-V AI Workstation With a Fully Open-Source Stack to Deliver Teraflop-Class Inference

Liquid-Cooled Desktop System Runs Models up to 120B Parameters Locally With a Fully Open-Source Stack, Starting at $9,999

Dortmund extend deal with in-demand Nmecha until 2030

Dortmund extend deal with in-demand Nmecha until 2030
All-conquering Mullins lands Champion Chase with Il Etait Temps

All-conquering Mullins lands Champion Chase with Il Etait Temps
Iran 'welcome to compete' in World Cup, says Trump Iran 'welcome to compete' in World Cup, says Trump
Scotland can handle Six Nations pressure, says Darge

Scotland can handle Six Nations pressure, says Darge

Rory Darge says Scotland can handle the intense pressure as they prepare for Saturday's Six Nations clash against Ireland with a chance to win the title.

Worksport Announces Fourth Quarter and Full Year 2025 Earnings Date; Updated Financial Guidance and Path to Cash-Flow Positivity to Be Discussed

Worksport Announces Fourth Quarter and Full Year 2025 Earnings Date; Updated Financial Guidance and Path to Cash-Flow Positivity to Be Discussed
Genesis GV60 Magma before launch

Genesis GV60 Magma before launch
Speed cameras: Brazen rip-off or necessary? Speed cameras: Brazen rip-off or necessary?
Germany: Electric car boom remains fragile

Germany: Electric car boom remains fragile

The German market for electric cars is showing signs of life again. After the setback caused by the abrupt end of subsidies at the end of 2023, new registrations are now rising noticeably again. At first glance, this looks like the belated return of the upswing. At second glance, however, a much more complicated picture emerges: Government support is once again in the billions, the expansion of the charging infrastructure is progressing, tax advantages remain in place – and yet many buyers, especially in the private market, continue to react with remarkable caution.This is what makes the current figures so contradictory. Pure electric cars are on the rise again in terms of new registrations, but there is no sign of a broad wave of purchases. The market is growing, but not with the momentum that might be expected after years of political prioritisation, new purchase incentives and infrastructure programmes worth billions. This is precisely the core problem of German e-mobility: it is making progress, but it is not yet convincing across the board.It is true that significantly more battery electric vehicles have recently been registered. In 2025 as a whole, Germany once again proved to be an important growth driver within Europe. At the same time, the share of purely electric cars in all new registrations remains at a level that looks more like stabilisation than a breakthrough. It is also striking that the overall market is growing only moderately and that the commercial sector continues to dominate the new car business. Where company cars, fleet vehicles and tax-privileged company cars are strong, the figures often appear more dynamic than private demand actually is.This is precisely why industry observers are now looking less at the pure number of new registrations and more at the question of who is actually buying. And here, the situation is much more sobering. In the private sector, there is still a great deal of reluctance. Many households are postponing the switch, driving their combustion engines for longer or opting for petrol, diesel or a hybrid again when buying their next vehicle. This means that mass acceptance in the everyday market has not yet been achieved.

Mexico considering social media restriction for minors: minister to AFP

Mexico considering social media restriction for minors: minister to AFP
New crackdown feared in Iran after police chief brands protesters 'enemies'

New crackdown feared in Iran after police chief brands protesters 'enemies'
Greek appeals court hands neo-Nazi leaders 13-year sentences Greek appeals court hands neo-Nazi leaders 13-year sentences
Albania TikTok ban violated free speech, court rules

Albania TikTok ban violated free speech, court rules

An almost year-long ban on TikTok by the Albanian government violated freedom of expression and press freedom, Albania’s Constitutional Court ruled on Wednesday in a decision praised by journalists.