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Toyota, Hyundai, Chinese expected to be most impacted by Iran war

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Toyota, Hyundai, Chinese expected to be most impacted by Iran war

Toyota Motor Corp. vehicles bound for shipment at the Port of Nagoya in Tokai, Aichi Prefecture, Japan, on Tuesday, April 29, 2025.

Toru Hanai | Bloomberg | Getty Images

DETROIT — Toyota Motor, Hyundai Motor and Chinese automakers such as Chery face the most potential impact of non-domestic automakers from the U.S.-Israel war with Iran, according to an analysis by Bernstein.

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Those international automakers account for roughly a third of sales in the Middle East, according to the report, led by Toyota at 17%, Hyundai at 10% and Chery at 5%. In Iran specifically, Bernstein reports Iranian automakers Iran Khodro and SAIPA lead, followed by Chery with a 6% market share.

Other Chinese carmakers also are expected to be impacted, as the Middle East has become a growing destination for Chinese auto exports. Bernstein, citing China export data, said the region accounted for about 17% of China’s passenger vehicle exports in 2025.

The Bernstein report notes that while sales in the region will be impacted, the closing of the Strait of Hormuz, which links the Persian Gulf to the Gulf of Oman and the Indian Ocean, and rising oil prices will have ripple effects across the global automotive industry.

“Closure of the Strait of Hormuz adds 10-14 days to transit times,” Bernstein analyst Eunice Lee said in a Wednesday investor note, adding “a prolonged conflict and closure of the strait would hurt sales, increase logistics costs, and delay deliveries.”

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Roughly 20 million barrels of crude oil travel through the strait every day, according to consulting firm AlixPartners. It’s also a “critical passage” for vehicle and parts shipments to the Middle East, Bernstein noted.

Bernstein said any effect on Japanese automakers “appears limited for now, but close monitoring of developments is still required.” It also said, of the European automakers, Chrysler and Jeep parent Stellantis “seems to have the largest exposure in light of its overall issues.”

“The impact of rising gasoline pump prices is already being seen in Stellantis’ 11% stock price slump since its close last Friday – making so sharp a pivot to gas guzzling HEMI V8 engines and writing off its electrification efforts seems particularly inauspiciously timed at the moment,” Lee wrote.

U.S. crude oil prices on Thursday topped $80 per barrel, and retail gasoline prices in the U.S. have jumped nearly 27 cents since last week to $3.25 per gallon on average, according to the motorist group AAA.

Stellantis this week said it is “closely monitoring developments across the affected countries,” noting it’s “not yet possible to fully assess the potential impact on local operations.”

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Toyota, Hyundai and Chery did not immediately respond for requests for comment.

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10 Things You Must Know About NHL Winger Bobby Brink After the Blockbuster Trade Deadline

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2026 Winter Paralympics

The 2026 NHL Trade Deadline was defined by high-stakes movement, but few deals carried as much sentimental and strategic weight as the homecoming of Bobby Brink. On Friday, March 6, 2026, the Philadelphia Flyers traded the 24-year-old forward to his hometown team, the Minnesota Wild, in a one-for-one swap for defenseman prospect David Jiříček.

Bobby Brink
Bobby Brink

As Brink swaps the orange and black for the forest green and wheat, here are the 10 things you must know about the dynamic winger as he enters this new chapter of his career.

1. He’s Finally Coming Home

Born in Minnetonka, Minnesota, Brink grew up in the heart of “State of Hockey” territory. Before becoming a pro, he was a local legend for the Minnetonka Skippers, leading them to an MSHSL State Championship in 2018. Returning to Minnesota isn’t just a business move; it’s a full-circle moment for a player who spent his childhood dreaming of playing at the Xcel Energy Center.

2. The “David Jiříček” Swap

The trade that brought Brink to Minnesota was a rare “hockey trade” between two young assets. The Flyers, facing a logjam at right wing with the emergence of Matvei Michkov and Travis Konecny, traded Brink to address their need for a high-end blueliner. In return, they received David Jiříček, a 22-year-old former No. 6 overall pick with a massive slapshot. For Minnesota, the deal adds immediate scoring depth to their middle-six forward group.

3. A Hobey Baker Pedigree

Brink isn’t just another prospect; he was arguably the best player in college hockey during his tenure at the University of Denver. In 2022, he led the entire NCAA in scoring with 57 points in 41 games and was a “Hat Trick” finalist for the Hobey Baker Award. He capped that season by leading the Pioneers to a National Championship before turning pro.

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4. He Survived the “Tortorella School of Coaching”

Perhaps the most impressive part of Brink’s development was his relationship with former Flyers head coach John Tortorella. Known for being notoriously hard on offensive-minded “small” players, Tortorella famously challenged Brink’s defensive game, once even quipping that Brink probably didn’t know how to spell “checking.” However, by early 2025, Brink had won him over, becoming a staple on what was nicknamed the “Most Tortorella Line” alongside Noah Cates and Tyson Foerster.

5. Elite Skating Speed (The 94th Percentile)

While Brink stands at a modest 5-foot-8, his speed is elite. According to NHL EDGE data for the 2025-26 season, Brink’s top skating speed reached 23.30 MPH, placing him in the 94th percentile of the entire league. This explosive burst allows him to win puck battles and create odd-man rushes despite being smaller than most defenders.

6. Current 2025-26 Season Stats

Before being traded on Friday, Brink was having a solid, consistent year in Philadelphia. In 55 games this season, he recorded 26 points (13 goals, 13 assists). His shooting percentage of 14.4% remains well above the league average, proving his efficiency when he gets into high-danger scoring areas.

7. Contract Status: RFA Imminent

Brink is currently in the final year of a two-year, $3 million contract ($1.5M AAV) he signed in July 2024. He is set to become a Restricted Free Agent (RFA) with arbitration rights on July 1, 2026. This gives the Minnesota Wild team control over his rights, but they will likely need to negotiate a multi-year extension this summer if he performs well in the upcoming playoff push.

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8. A World Junior Gold Medalist

Brink has a history of winning on the international stage. He was a key member of the Team USA squad that won the Gold Medal at the 2021 IIHF World Junior Championships. His experience in high-pressure, short-tournament formats makes him a valuable asset for a Wild team looking to make noise in the 2026 Stanley Cup Playoffs.

9. He Overcame Major Injury Setbacks

Brink’s path to the NHL wasn’t seamless. Shortly after signing his entry-level contract in 2022, he underwent hip surgery that sidelined him for a significant portion of his first full professional season. His ability to regain his elite skating speed and lateral agility after such a procedure is a testament to his work ethic and the modern sports medicine available to NHL athletes.

10. Versatility in the Lineup

One of Brink’s greatest strengths is his ability to play anywhere in the top nine. In Philadelphia, he spent time on the top-line power play but was also trusted in defensive “grind” situations. Minnesota Wild fans can expect to see him slot in on the right wing, likely alongside a playmaker like Marco Rossi or as a creative spark for the second power-play unit.

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How war in Iran may affect food and fuel prices

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How war in Iran may affect food and fuel prices

As the US and Israel continue strikes on Iran, and with retaliatory strikes hitting nearby Middle East states, key shipping routes are being disrupted. Oil and gas production in the region is also being affected.

The BBC’s Nick Marsh examines how the war could cause a rise in living costs around the world.

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European Commission approves Zynyz for anal cancer treatment

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European Commission approves Zynyz for anal cancer treatment

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US economy unexpectedly sheds 92,000 jobs in February

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US economy unexpectedly sheds 92,000 jobs in February

The contraction came as a surprise with payrolls down in nearly every sector.

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Surge in jet fuel prices could push up air fares, analysts warn

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Surge in jet fuel prices could push up air fares, analysts warn

Disruption to supplies from the Gulf due to the Middle East conflict has pushed the cost up by more than 80%.

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Target not ‘an everything store,’ CEO says

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Target not ‘an everything store,’ CEO says

Retailer seeks to lead with merchandising authority.

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Arcturus Therapeutics: Downgrading To "Hold" As CF Program Shifts Population Focus

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Arcturus Therapeutics: Downgrading To "Hold" As CF Program Shifts Population Focus

Arcturus Therapeutics: Downgrading To "Hold" As CF Program Shifts Population Focus

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From Designer Dogs to Native Reptiles, the Trends in the $33B Industry

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Moscow, Russia

Australia has solidified its status as one of the most pet-passionate nations on Earth. According to the latest comprehensive data from the 2026 Animal Medicines Australia (AMA) report and industry analysts, pet ownership in the “Land Down Under” has climbed to an all-time high, with 73% of households now sharing their homes with at least one animal companion.

The 2026 landscape reflects a profound “humanization” of pets, with owners increasingly viewing their animals as full-fledged family members. From the rise of “Gen Z pet parents” to a surging interest in native wildlife, here are the 10 most popular pets in Australia today.

Show your love for black dogs!
Show your love for black dogs!

1. Dogs (49% of Households)

Dogs remain the undisputed “Homecoming Kings” of Australia. An estimated 7.4 million dogs now call Australia home.

  • The “Oodle” Phenomenon: Purebred popularity has stabilized, while “designer” breeds—specifically Cavoodles, Groodles, and Labradoodles—continue to dominate urban suburbs due to their low-shedding coats and apartment-friendly temperaments.
  • Spending: Dog owners are the highest spenders, averaging roughly $2,520 per year on food, health, and “lifestyle” services like doggy daycare.

2. Cats (34% of Households)

Cats have seen the most significant growth in the post-pandemic era, with an estimated 5.3 million feline residents.

  • Indoor Living: In 2026, there is a marked shift toward keeping cats indoors or in “catios” to protect native birdlife, driven by stricter local council regulations across Victoria and New South Wales.
  • The “Multi-Cat” Trend: Unlike dogs, cat owners are more likely to have multiples, with the average cat-owning household keeping 1.6 cats.

3. Fish (11% of Households)

Often underrated but highly popular, ornamental fish remain the third most common pet. They are particularly favored by renters and Gen Z professionals in high-density CBD apartments. The “aquascaping” hobby—creating elaborate underwater gardens—has turned fishkeeping into a premium interior design trend in 2026.

4. Birds (9% of Households)

Australia’s love for avian companions remains steady. While budgerigars and cockatiels are the traditional favorites, there is a growing trend of “friendship pets”—wild native birds like magpies and lorikeets that Australians “adopt” through backyard feeding and habitat creation.

5. Small Mammals (3% of Households)

Rabbits and guinea pigs hold a niche but loyal market, primarily among families with primary-school-aged children. However, 2026 data shows a slight decline in this category as families opt for “low-maintenance” designer dogs instead.

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6. Reptiles (3% of Households)

Reptile ownership is the fastest-growing segment in the Australian pet market. Bearded Dragons and Blue-tongue Lizards are the gateway pets for a new generation of “herpetology” enthusiasts. Their appeal lies in their hypoallergenic nature and the fact they don’t require daily walks.

7. Horses (0.9% of Households)

While statistically small in number, horses represent a massive sector of the “pleasure animal” economy in regional Australia. Ownership is heavily concentrated in peri-urban areas around Brisbane, Perth, and the Hunter Valley.

8. Poultry (0.8% of Households)

The “backyard chicken” movement, which spiked during the 2022-2024 inflation crisis, has settled into a permanent lifestyle choice for many suburban Australians. High-quality “heritage” breeds are now prized not just for their eggs, but as garden-clearing companions.

9. Native Invertebrates (Emerging Trend)

A surprise entry in 2026 is the rise of “micro-pets,” specifically Spiny Leaf Insects and Rainforest Snails. These are increasingly popular in classrooms and as low-cost, low-space entry points for first-time pet owners.

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10. Hermit Crabs & Exotic Invertebrates

Rounding out the top ten are “starter pets” like hermit crabs. While often viewed as “novelty” pets in the past, the 2026 market has seen a push for better welfare standards and more complex enclosure setups for these crustaceans.

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Unemployment Holds at 4.1% as Full-Time Hiring Surges

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A Starbucks logo is pictured on the door of the Green Apron Delivery Service at the Empire State Building in New York

Australia’s labor market has entered the autumn of 2026 with unexpected vigor. According to the latest figures from the Australian Bureau of Statistics (ABS), the national unemployment rate held steady at 4.1% in early 2026, a result that has stunned economists who had predicted a cooling period following a series of aggressive interest rate hikes by the Reserve Bank of Australia (RBA).

Commonwealth Bank of Australia
Australia Job Market
DAVID GRAY/AFP via Getty Images

The data, released in late February and remaining the current benchmark as of March 7, 2026, paints a picture of a “two-speed” economy. While consumer spending has slowed under the weight of a 3.85% cash rate, businesses are doubling down on permanent staff, signaling a shift from temporary “gig” roles to a more stable, full-time workforce.

1. The Numbers: Stability Amidst the Storm

The ABS reported that employment rose by 17,800 people in the last month, pushing the total number of employed Australians to a record 14.70 million.

What makes this figure remarkable is the internal composition of those jobs:

  • Full-time employment: Surged by 50,500 roles.
  • Part-time employment: Fell by 32,700 roles.
  • Participation Rate: Remained rock-solid at 66.7%, indicating that Australians are not giving up on the hunt for work despite broader economic uncertainty.

2. The RBA Dilemma: “Full Employment” or “Inflation Fuel”?

For RBA Governor Michele Bullock, these numbers are a double-edged sword. The RBA’s primary goal is to return inflation (currently sitting at 3.8%) to the 2–3% target band. Usually, a “tight” labor market leads to higher wage growth, which in turn keeps inflation “sticky.”

“The resilience of the 4.1% unemployment rate complicates the path for interest rate cuts,” said one senior economist at Commonwealth Bank. “We are seeing a market that refuses to break. While that’s great news for households with a steady income, it increases the likelihood that the RBA will keep rates at 3.85%—or even move to 4.10%—before we see any relief in late 2026.”

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3. Underemployment: The Hidden Slack

While the headline unemployment rate is low, the underemployment rate—which measures people who have a job but want more hours—ticked up slightly to 5.9%.

This “underutilization” is particularly visible in the retail and hospitality sectors. As the “cost of living” crisis bites, many Australians working 20 hours a week are actively seeking 30 or 40 hours to cover rising mortgage repayments and grocery bills. This suggests that while people are “employed,” they are not necessarily “financially comfortable.”

4. State-by-State Breakdown

The labor market performance varies significantly across the continent:

  • Western Australia & Queensland: Continue to lead the nation, driven by a resurgence in the resources sector and green energy infrastructure projects.
  • Victoria & New South Wales: Showing signs of a “softening” in the construction and professional services sectors as high borrowing costs slow down new commercial developments.
  • South Australia: Has emerged as a surprise performer in early 2026, with unemployment hitting a near-record low for the state due to a boom in defense manufacturing.

Key Labor Market Indicators (March 2026)

Indicator Current Value Change from Dec 2025
Unemployment Rate 4.1% Unchanged (Steady)
Participation Rate 66.7% Unchanged
Total Employed 14.70 Million +17,800
Cash Rate (RBA) 3.85% +0.25% (Hike)
Inflation (CPI) 3.8% Trending Down (Slowly)

5. What’s Next? The “March 19” Milestone

All eyes are now on March 19, 2026, when the ABS will release the February Labour Force data. This will be the final major data point the RBA considers before its crucial March 17-18 board meeting.

If the unemployment rate remains at or below 4.1%, markets are pricing in a 27% chance of another rate hike. Conversely, if unemployment jumps toward 4.3%, it may signal that the “lagged effect” of previous hikes is finally catching up with the Australian worker, potentially pausing any further tightening of the screws.

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Lowe’s: Macroeconomic Headwinds Become More And More Concerning (NYSE:LOW)

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Lowe's: Macroeconomic Headwinds Become More And More Concerning (NYSE:LOW)

This article was written by

Petroleum engineer with an enthusiasm for investing, accounting and personal finances.

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.

Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of products or services or financial advice. Information in this article is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. ll expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change.

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