First Electric Plane Flight in Europe Takes Off from Glasgow, UK: On March 20, the European aerospace industry reached a milestone with the takeoff of the first all-electric flight in Glasgow, UK. Loganair is the pioneering airline operating the American-made Alia CX300 aircraft. This initiative comes amid increased pressure to reduce emissions and rising fuel prices, pushing airlines worldwide to seek alternative solutions.

Alibaba and Tencent Lose $66 Billion in Market Cap Due to AI Profitability Challenges: In the past 24 hours alone, Chinese tech giants Alibaba and Tencent lost a total of $66 billion in market capitalization. Tencent saw its biggest one-year drop on March 19, losing $43 billion. Following suit, Alibaba lost $23 billion in the US market and dropped by 7.3% in Hong Kong on March 20. Investors heavily sold their shares as both companies lacked clear strategies to turn their massive AI investments into profits.

Major Banks Predict ECB Interest Rate Hike in April 2026: JP Morgan, Morgan Stanley, and Barclays all anticipate the first interest rate hike by the European Central Bank (ECB) in 2026 due to inflation risks linked to the Middle East conflict. According to their forecasts, Barclays and JP Morgan expect an initial hike in April 2026, followed by adjustments in the second and third quarters. Morgan Stanley predicts two 0.25 percentage point hikes in June and September 2026.

Offshore Oil Reserves Declining Rapidly Amid Middle East Conflict: Global stocks of oil on tankers are quickly depleting as supplies from the Gulf have been disrupted for the third consecutive week. According to Vortexa data, floating reserves of crude oil and condensates have decreased by an average of 1.8 million barrels per day. These reserves currently stand at around 78 million barrels, a sharp drop from their peak of 140 million barrels in late November 2025. Consumer countries seeking alternative sources have led to a record decline in these energy reserves, especially as about one-third of the remaining offshore oil comes from Iran.

Silver Rush in China: Chinese silver imports reached an eight-year high, surpassing 790 tonnes in the first two months of 2026. February alone saw a record of 470 tonnes due to strong domestic industrial and investment demand. With silver prices in China much higher than international rates, importers have increased purchases from foreign markets, depleting exchange stocks. Previously, the global silver market experienced extreme volatility, with prices jumping about 70% due to speculation before correcting lower in late January 2026.

Nvidia Sells 1 Million Chips to Amazon, Forecasts Trillion-Dollar Revenue: Nvidia Corporation recently signed a strategic agreement to supply one million GPU chips to AWS, Amazon’s cloud computing platform, by the end of 2027. This deal includes next-generation GPU chips like Rubin, Blackwell, and Spectrum, as well as the latest Groq chips. It is a crucial step towards CEO Jensen Huang’s goal of generating a trillion dollars in revenue while bolstering the necessary technological infrastructure for global AI and cloud computing growth.

Soaring Fuel Prices Boost Electric Vehicle Sales in France: According to Le Figaro, orders for electric vehicles at French dealerships have surged in recent weeks, with consumers favoring vehicles with reduced operating costs. Unlike previous stimulus campaigns primarily based on financial incentives, rising fuel prices are now the main driver of electric vehicle purchases, leading to a significant increase in orders at manufacturers.

Source: https://baotintuc.vn/kinh-te/diem-tin-kinh-te-the-gioi-noi-bat-ngay-2032026-20260320211849862.htm