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Search Result for “Bloomberg”

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BUSINESS

Thai oil fund spending B1 billion a day on subsidies

Bloomberg News and Post Reporters, Published on 11/03/2026

» The Thai government is widening efforts to curb demand for fuel, as it burns through cash fighting to keep domestic diesel prices artificially low amid surging global energy costs.

BUSINESS

Thai Airways to raise ticket prices by 10-15%

Bloomberg News, Published on 11/03/2026

» Thai Airways International will raise ticket prices by 10% to 15% to offset surging fuel costs as the carrier grapples with “overwhelming” demand from customers shifting travel plans from the Middle East to Europe, said chief financial officer Cherdchom Thetsathirasak.

THAILAND

Night closures of petrol stations planned, not yet enforced

Online reporters, Assawin Pinitwong and Bloomberg, Published on 11/03/2026

» The government plans to close petrol stations at late-night hours only in a worst-case scenario stemming from the Middle East war, as the present situation is not critical enough to justify such a measure, the Department of Energy Business reported.

WORLD

Extreme heat ‘making life increasingly unliveable’

Bloomberg News, Published on 10/03/2026

» The number of days when extreme heat makes it too dangerously hot to walk the dog, sweep the porch and engage in other ordinary pursuits has doubled around the world over the past 75 years, according to new research.

BUSINESS

Apple now makes about 25% of iPhones in India after China pivot

Bloomberg, Published on 10/03/2026

» Apple increased iPhone production in India by about 53% last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China.

BUSINESS

Asian LNG buyers struggling to find supplies

Bloomberg News, Published on 10/03/2026

» Some Asian buyers of liquefied natural gas are struggling to find prompt cargoes after a war-related outage at the world’s largest export facility in Qatar tightened global supplies.

WORLD

Asia airlines hike fares, eye groundings on fuel crunch risk

Bloomberg News, Published on 10/03/2026

» SINGAPORE — Airlines in Asia are raising ticket prices and mapping out contingency plans that include grounding planes as the escalating Middle East conflict threatens to trigger the worst oil shock since the 1970s.

WORLD

Iran war has airlines reviewing growth plans as fuel surges

Bloomberg, Published on 10/03/2026

» Until last month, airlines couldn’t get new aircraft fast enough, with both Airbus SE and Boeing struggling to keep up with surging demand. 

WORLD

Trump signals possible end to war, floats removing oil sanctions

Bloomberg, Published on 10/03/2026

» US President Donald Trump said he plans to waive oil-related sanctions, have the US Navy escort tankers through the Strait of Hormuz and predicted the war with Iran would resolve “very soon” as he confronted mounting economic and political pressures after days of dramatic fluctuations in oil markets.

THAILAND

Southeast Asia faces sweltering heat as war limits energy supply

Bloomberg, Published on 09/03/2026

» Southeast Asia is set to see a warmer-than-usual early summer, potentially raising power demand for fuel and straining grids at a time when the Middle East conflict has tightened energy supplies in the region.