Connect with us
DAPA Banner

Business

Potential Red Sea Route Disruption Could Push Oil Even Higher Amid Houthi Threat

Published

on

Stocks Little Changed After Fed Decision

As the Middle East conflict continues to disrupt energy flows via the Strait of Hormuz, RBC Capital Markets strategists are watching for any signs that the Houthis may enter the fray, imperiling the alternative Red Sea export route.

For now, the Houthis have stayed on the sidelines, unlike in 2019 when they targeted the East-West pipeline and joined the Iranian strike on Abqaiq following the termination of exemptions for importers of Iranian oil by the U.S., the commodity strategy team said.

“If the Yemeni group does become an active participant, we think it would materially alter risk perceptions about the Red Sea exports,” they wrote.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Strive Asset Management: Sustained Dip Reflects Flawed Bitcoin As A Treasury Push

Published

on

Mining Farm Interior. Racks Of CPU And Motherboard With Neon Lighting

Strive Asset Management: Sustained Dip Reflects Flawed Bitcoin As A Treasury Push

Continue Reading

Business

Is Istanbul Airport Opened Today? Airport Remains Fully Open and Operational

Published

on

Istanbul Airport

ISTANBUL — Istanbul Airport (IST), one of the world’s busiest aviation hubs, is fully open and operating normally on Saturday, March 21, 2026, with no widespread closures, major shutdowns or emergency restrictions reported, according to official airport data, live flight trackers and Turkish authorities.

Istanbul Airport
Istanbul Airport

The massive facility — handling over 1,400 scheduled flights daily — shows active arrivals and departures across domestic and international routes. Real-time dashboards from the official iGA Istanbul Airport website display check-in counters open, boarding gates active and passenger processing moving smoothly. Live waiting times remain low: terminal entrance checkpoints at 1-3 minutes, passport control at 13-14 minutes in busiest areas, and domestic controls at 1-2 minutes. Weather conditions are mild with broken clouds, 7-9°C (45-48°F) temperatures, and north winds at 16-18 knots, posing no significant operational threats.

Flight tracking platforms like Flightradar24, FlightStats and FlightAware confirm ongoing activity. Arrival and departure boards list hundreds of flights in progress, including Turkish Airlines services from Guangzhou, Moscow, Ashgabat and Delhi landing or departing as scheduled. Delay indices stand at very low to low levels (0.25-0.4 arrival delay index), with no systemic cancellations or ground stops. Turkish Airlines’ flight status page and third-party aggregators like Skyscanner and Trip.com show real-time updates without blanket alerts for IST.

The airport has maintained operations throughout the ongoing regional tensions stemming from the U.S.-Israeli conflict with Iran, now in its seventh week. While airspace restrictions over Iran, Iraq, Syria, Lebanon, Jordan and parts of the Gulf have forced route diversions, increased congestion in Turkish airspace and temporary suspensions for certain Middle East destinations, Istanbul Airport itself has not faced closure. Turkish Transport Minister Abdulkadir Uraloğlu extended flight halts to Iran, Iraq, Syria, Lebanon and Jordan until March 9 (with some carriers like Turkish Airlines and Pegasus extending to March 12-20), but emphasized that domestic and non-restricted international traffic continues unimpeded.

Earlier disruptions peaked around March 5-6, when airspace closures diverted 15 flights (nine to IST) and caused scattered delays. By mid-March, reports indicated 141 delays and nine cancellations across Istanbul airports on select days, primarily affecting carriers like Pegasus, Qatar Airways, Gulf Air and others on Gulf routes. However, these were route-specific rather than airport-wide shutdowns. Istanbul Airport absorbed diverted traffic efficiently, with no evidence of capacity overload or operational halts.

Advertisement

Officials stress that Turkish airspace remains safe and open, with air traffic services maintained without major interruptions. Istanbul Airport’s role as a global transfer hub has continued, though passengers on affected routes face longer flight times due to rerouting around closed corridors.

Travel advisories from airlines and governments recommend checking individual flight status before heading to the airport. Turkish Airlines and Pegasus have issued notices for suspended or adjusted services to certain Middle East cities, advising passengers to monitor updates via official channels. No new advisories indicate IST-specific closures or major disruptions as of late March 21.

The airport’s live stream and operation center feeds show normal activity in terminals, with passengers moving through security, retail and gates without unusual congestion. Exhibition spaces, including artist Beyazıt Öztürk’s “Things” display, remain open, underscoring the facility’s focus on passenger experience amid external challenges.

Experts note that Istanbul Airport’s design — with three parallel runways, advanced ATC systems and vast capacity — has enabled it to handle increased traffic from diversions while maintaining high on-time performance (around 75-89% in recent metrics). The hub’s strategic location continues to make it a preferred rerouting point for international carriers.

Advertisement

Travelers planning to use IST today or in coming days should verify their specific flight via airline apps, the official airport site (istairport.com) or trackers like Flightradar24. Allow extra time for potential minor delays from regional airspace adjustments, but the airport remains fully accessible for departures, arrivals and connections.

As geopolitical tensions persist, Istanbul Airport’s resilience highlights its critical role in global aviation. No immediate threats to full operations have emerged, and authorities continue monitoring the situation in real time.

Continue Reading

Business

American Airlines: Back In The Game

Published

on

American Airlines: Back In The Game

American Airlines: Back In The Game

Continue Reading

Business

Invesco Mortgage Capital: A Buying Opportunity Emerges In The Series C Preferred Shares

Published

on

Invesco Mortgage Capital: A Buying Opportunity Emerges In The Series C Preferred Shares

This article was written by

I ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha I mostly cover REITs and financials, with occasional articles on ETFs and other stocks driven by a macro trade idea.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Business

(VIDEO) Taylor Swift Leads 2026 iHeartRadio Music Awards Nominations

Published

on

Taylor Swift, seen here in 2007, started writing songs professionally as a teenager

LOS ANGELES — Taylor Swift will make her first major public appearance of 2026 at the iHeartRadio Music Awards on March 26 at the Dolby Theatre in Hollywood, leading the nominations with nine nods, organizers announced March 19.

Taylor Swift, seen here in 2007, started writing songs professionally as a teenager
AFP

The 36-year-old singer tops the list for the live Fox broadcast (8-10 p.m. ET), earning nominations including Song of the Year, Pop Song of the Year, Favorite TikTok Dance, Best Lyrics and Best Music Video for “The Fate of Ophelia” from her 2025 album *The Life of a Showgirl*. She is also up for Artist of the Year, Pop Artist of the Year, Favorite On Screen for the *Eras Tour* film extension and Favorite Tour Style.

Swift will attend but not perform, per iHeartMedia and Fox reports. The event marks her return to awards show red carpets after a quieter period focused on personal milestones and selective engagements following her August 2025 engagement to Kansas City Chiefs tight end Travis Kelce.

She recently appeared at Jay-Z and Beyoncé’s Oscars after-party on March 15 in Los Angeles, arriving discreetly and mingling inside. Wedding speculation continues, with reports suggesting a summer ceremony before NFL training camp, though no official date has been confirmed. Kelce credited Swift’s passion for her work as motivation for his 2026 season on his *New Heights* podcast.

*The Life of a Showgirl* drove U.S. vinyl sales past $1 billion in 2025 — a decades-high mark — and contributed to the music industry’s $11.5 billion revenue record. Swift called retirement rumors after marriage “shockingly offensive” in a BBC Radio 2 interview, praising Kelce’s support: “He loves what I do and how fulfilled I am by making art.”

Advertisement

No full tour is planned for the album due to post-Eras fatigue, though fans anticipate possible announcements at the iHeartRadio event given her history of reveals. A Netflix docuseries extension, *The End of an Era*, has included reflections on past challenges.

With nine chances to win and her unmatched fanbase, Swift’s March 26 appearance is expected to draw massive attention and potentially tease future projects in her record-shattering career.

Advertisement
Continue Reading

Business

Kendra Duggar Arrested on Child Endangerment Charges

Published

on

Kendra Duggar

TONTITOWN, Ark. — Kendra Duggar, wife of former “19 Kids and Counting” star Joseph Duggar, was arrested Friday, March 20, 2026, on misdemeanor charges including four counts of second-degree endangering the welfare of a minor and four counts of second-degree false imprisonment, authorities in Tontitown, Arkansas, announced.

Kendra Duggar
Kendra Duggar

The arrest came just two days after her husband was taken into custody on separate allegations of child molestation stemming from a 2020 incident in Florida. Both face the new Arkansas charges, which are misdemeanors, amid an ongoing multi-state investigation involving alleged offenses against minors.

Tontitown Police Department issued arrest warrants for Joseph, 31, and Kendra, 27, on Friday. Kendra turned herself in at the Washington County Detention Center in Fayetteville around 4:56 p.m. local time, according to jail records viewed by multiple outlets including People and Us Weekly. She posted $1,470 bond and was released at 6:19 p.m. Her mugshot shows a 5-foot-3 woman with blonde hair and blue eyes.

Police did not release detailed allegations tied to the new counts, citing Arkansas laws restricting disclosure in cases involving minors. The Tontitown department stated the investigation remains active and declined further comment. The charges appear separate from Joseph’s Florida case, where he faces felony counts of lewd and lascivious molestation of a victim under 12 and lewd conduct by a person 18 or older.

Joseph Duggar was arrested Wednesday, March 18, in Tontitown after Bay County, Florida, sheriff’s investigators accused him of molesting a 9-year-old girl during a family vacation in Panama City Beach in 2020. The accuser, now 14, told police Duggar repeatedly asked her to sit on his lap, then under a blanket on a couch where he allegedly manipulated her underwear, grazed her genitals and rubbed her thighs. Duggar reportedly admitted the conduct to the girl’s father and later to Tontitown detectives during a March 17 confrontation.

Advertisement

He waived extradition Friday in Washington County court, clearing the way for transfer to Florida within 30 days. He remains in Washington County Detention Center pending that move.

The Arkansas charges against both Duggars surfaced amid the Florida probe’s fallout. Tontitown officers served warrants at the Duggar family compound Friday afternoon but initially found Kendra absent. She later surrendered.

The couple, married since 2017, have four children together. They live in Tontitown, part of the Duggar family’s extended network in northwest Arkansas. The family gained fame through TLC’s “19 Kids and Counting,” which ended in 2015 amid scandals involving eldest son Josh Duggar, who is serving a federal prison sentence for child pornography convictions.

Joseph and Kendra have largely stayed out of the spotlight compared to other family members, though they appeared on spin-off shows and shared family updates on social media before stepping back in recent years.

Advertisement

No formal statements have come from the couple or the Duggar family as of March 21. Kendra’s arrest drew immediate media attention, with outlets like TMZ, People and NBC News reporting her mugshot and bond details. Public reaction online has been swift and critical, with many linking the charges to broader family controversies.

Legal experts note the misdemeanor nature of the Arkansas counts carries lighter penalties than Joseph’s Florida felonies, which could bring years in prison if convicted. Second-degree endangering the welfare of a minor in Arkansas typically involves knowingly placing a child in a situation risking serious harm, while false imprisonment involves unlawfully restraining someone.

The cases highlight ongoing scrutiny of the Duggar family following Josh Duggar’s 2021 conviction and related fallout. Authorities have not indicated connections between the current allegations and prior family scandals, but the timing has intensified public interest.

As investigations continue in Arkansas and Florida, both Joseph and Kendra Duggar face court proceedings in the coming weeks. The Tontitown Police Department urged anyone with information to contact them, emphasizing the active status of the probe.

Advertisement

The developments add another chapter to the Duggar family’s turbulent public saga, drawing renewed attention to their once-prominent reality TV legacy.

Continue Reading

Business

CK Asset Holdings Limited (CHKGF) Q4 2025 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Lai Chee Ma
General Manager of Corporate Business Development Department

Good afternoon. Welcome to the CK Asset Holdings Limited 2025 Annual Results Analyst Presentation. My name is Gerald. On my right are two of my fellow ExCo members, Simon Man and Yue Seng Chiu. Our Chairman, Mr. Victor Li, will join us shortly for the Q&A session after the presentation.

So we’ll quickly go into it, 2025 results highlights. Revenue came to HKD 85.85 billion, up 19.9%. Profit before investment property revaluation, HKD 11.96 billion or HKD 3.42, up 2.7%. We recorded an IP revaluation deficit of HKD 1.11 billion last year or HKD 0.32, leading to a profit attributable to shareholders of HKD 10.85 billion or HKD 3.10, down 20.3%. We declared a final dividend of HKD 1.39, making full year dividend HKD 1.78. Dividend per share, hence up 2.3% over last year. Net book value per share also has risen by 2.3% to HKD 113.28.

Turning to our principal activities. 76% of our revenue and 85% of our profit contribution are now recurring in nature. By geography, 31% of contribution from Hong Kong, 11% from the Mainland and 58% from overseas, making us a very different company compared to other property companies in Hong Kong.

Advertisement

Looking at divisional performances, property sales. So we recorded much stronger sales recognition this year — last year, but margins were low due to provisions for properties for sale. Revenue came to HKD 20.45 billion, up 105.3%. Profit contribution after provisions at HKD 2.7 billion, up 24%. Overall margin post provision was 13.4%.

Continue Reading

Business

Super Micro: Another Perfect Storm

Published

on

Palantir: AI SaaS Winner Still Expensive - Bull Trap Plays Out

Super Micro: Another Perfect Storm

Continue Reading

Business

Elon Musk Liable in Twitter Shareholder Fraud Case as Jury Finds He Misled Investors Before $44 Billion Buyout

Published

on

Elon Musk has clashed before with US securities regulators keen to find out why he didn't let them know sooner about increasing his stake in Twitter ahead of moving to buy the global online platform.

SAN FRANCISCO — A federal jury in San Francisco found Elon Musk liable Friday, March 20, 2026, for misleading Twitter shareholders by deliberately driving down the company’s stock price in the months leading up to his $44 billion acquisition in 2022, though it absolved him of broader fraud claims including an intentional scheme to defraud.

Elon Musk has clashed before with US securities regulators keen to find out why he didn't let them know sooner about increasing his stake in Twitter ahead of moving to buy the global online platform.

The nine-person jury deliberated for three days after a three-week trial that featured Musk’s in-person testimony earlier in March. Jurors concluded that two specific tweets from May 2022 — including one claiming the Twitter deal was “temporarily on hold” — contained false statements that caused a plunge in Twitter’s share price, harming investors who sold based on those statements. The jury cleared Musk on other allegations, such as podcast comments and a wider conspiracy to mislead.

The verdict in the class-action securities lawsuit could expose Musk — the world’s richest person with a net worth near $850 billion — to damages potentially in the billions, though the exact amount will be determined in a separate phase. Plaintiffs sought up to $2.6 billion in some calculations. Musk’s legal team vowed to appeal, calling the decision disappointing but limited in scope.

The ruling caps a years-long saga stemming from Musk’s chaotic 2022 pursuit of Twitter (now X), which began with a $44 billion offer, included attempts to back out over bot concerns, and ended with a forced completion under court pressure. Musk has long maintained his statements were protected speech or accurate reflections of due diligence issues, particularly fake accounts.

On X Saturday, Musk posted lightly amid the fallout, offering to cover TSA salaries during a hypothetical funding impasse and engaging in unrelated banter about physics, AI and Grok. He made no direct comment on the verdict in visible recent posts.

Advertisement

The decision comes amid other major developments in Musk’s empire. SpaceX, his rocket company, is advancing confidential IPO preparations, with filings potentially as early as March and a mid-2026 listing targeting a valuation exceeding $1.75 trillion — potentially the largest ever. Starlink, its satellite internet arm, drives most revenue, while February’s merger with Musk’s xAI (valuing the combined entity at $1.25 trillion) integrates Grok AI, orbital data centers and compute resources for massive-scale artificial intelligence.

Tesla, meanwhile, pushes aggressive timelines for robotaxi rollout. Musk stated Thursday that driverless services will become “very, very widespread” across the U.S. by year’s end, expanding from pilot cities to Dallas, Houston, Phoenix, Miami, Orlando, Tampa and Las Vegas in the first half of 2026. He tempered expectations on Cybercab and Optimus humanoid robot production, calling early rates “agonizingly slow” before eventual rapid scaling.

Tesla converted its $2 billion xAI investment into a SpaceX stake following the merger, formalizing ties among Musk’s companies ahead of potential SpaceX public debut. Musk has described orbital AI infrastructure as the path to unlimited compute powered by solar energy in space, predicting 2026 as a pivotal year for the “singularity” — where machine and human intelligence converge.

Neuralink continues human trials for brain-computer interfaces, with plans for high-volume production and automated implantation in 2026. Musk’s political involvement persists, including past support for Republican causes and commentary on government efficiency via DOGE initiatives.

Advertisement

The Twitter verdict adds legal pressure as Musk juggles Tesla’s autonomy push, SpaceX’s IPO ambitions and xAI’s rapid growth. While the ruling is civil and not criminal, it could impact investor confidence in Musk-led ventures and fuel ongoing scrutiny of his public statements on X.

As Musk navigates these crosscurrents, his influence spans transportation, space, AI and policy. The jury’s finding — that he misled investors in a landmark deal — marks a significant setback in his storied business career, even as his companies race toward transformative milestones in 2026.

Continue Reading

Business

Central Bank Policy On Hold As Markets Weigh Energy Risks

Published

on

Central Bank Policy On Hold As Markets Weigh Energy Risks

Low angle view of skyscrapers in London banking district

Gary Yeowell/DigitalVision via Getty Images

By BeiChen Lin, CFA, CPA, Director, Head of Canadian Strategy

Energy volatility persists

Geopolitical developments in the Middle East drove market attention this week, with reports of energy infrastructure being targeted leading to sharp

Advertisement
Continue Reading

Trending

Copyright © 2025