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The world feels it when the Strait of Hormuz tightens. I saw that firsthand in 2003 while serving in the Royal Canadian Navy aboard HMCS Regina during Operation Apollo. Even then, it was clear how quickly instability in the Middle East can ripple through global energy markets. Shipping routes become fragile. Supply tightens. Reliability, once taken for granted, disappears overnight. Read More
(Bloomberg) — Europe’s reliance on bank-based funding prevents the continent from reaping the full benefits of innovation centering on artificial intelligence, according to European Central Bank Chief Economist Philip Lane. Read More
(Bloomberg) — Banks led by JPMorgan Chase & Co. have kicked off an $8 billion junk-bond sale to fund the record leveraged buyout of video game maker Electronic Arts Inc. after shifting around the debt mix for the deal. Read More
STATE COLLEGE, Pa. — Concussion awareness nonprofit The Derek Sheely Foundation today put sports-related brain injury issues in the spotlight with MODDEN 26, a free video game modification (mod) that depicts common symptoms of concussions in football. The new mod puts concussions back in the world’s most popular football video game series after they were removed more than a decade ago. Gameplay footage and highlight reels of MODDEN 26 can be seen at modden26.com. Read More
(Bloomberg) — Federal Reserve Bank of Chicago President Austan Goolsbee said he could envision the US central bank needing to raise interest rates, or returning to rate cuts, depending on how the war in the Middle East plays out. Read More
MONACO, March 23, 2026 (GLOBE NEWSWIRE) — Around 800 students participated in the Yachting Student Fair at the Yacht Club de Monaco. Marking its first edition, the event offered a full day of meetings and exchanges dedicated to discovering careers in the yachting and maritime sectors. Middle school students, sixth formers, further education students, and graduates had the opportunity to experience a hands-on introduction to these relatively unknown professions, which combine passion, technical expertise, and international opportunities. The event also kicked off four days dedicated to yachting and exploration, organized in collaboration with The Explorers Club of New York, a world-renowned institution founded in 1904. Read More
HAMILTON, Bermuda — Everest Group, Ltd. (“Everest” or “the Company”) (NYSE: EG), a global specialty reinsurance and insurance leader, today announced that it has signed a definitive agreement to sell its Canadian Retail Insurance operations, Everest Insurance Company of Canada (“Everest Canada”), to The Wawanesa Mutual Insurance Company (“Wawanesa”). Read More
(Bloomberg) — Wall Street banks led by JPMorgan Chase & Co. have amended the debt package for the buyout of video game maker Electronic Arts Inc., increasing the size of a US dollar loan offering to $5 billion. Read More
