Business

JPMorgan says weaker demand may cap gold gains near-term, sees rebound in late 2026 and 2027

Friday, July 3 by SRN News

(Corrects day in first paragraph to Thursday instead of Friday) July 3 (Reuters) - JPMorgan said on Thursday that softer buying from key demand sectors and gold's renewed sensitivity to real yields could keep prices range-bound in the near term, though it expects a recovery... Read More.

China’s Chery takes over former Nissan car factory in South Africa

Friday, July 3 by SRN News

By Nqobile Dludla JOHANNESBURG, July 3 (Reuters) - China's Chery formally took over Nissan's car manufacturing plant in Rosslyn on Friday under a deal that was announced in January, and executives said the company will spend millions of dollars upgrading and adding machinery ahead of... Read More.

Ferrari appeals to traditionalists with new V12 manual gearbox limited edition

Friday, July 3 by SRN News

MILAN, July 3 (Reuters) - Ferrari launched a limited-edition 12-cylinder model with a manual gearbox on Friday, appealing to traditional fans of roaring petrol engines and hands-on driving after the mixed initial reception for its first electric vehicle. Ferrari's 12Cilindri Manuale - a special... Read More.

Tesla rolls out robotaxi service in Miami

Friday, July 3 by SRN News

July 3 (Reuters) - Tesla said on Friday its robotaxi was available in Miami, as the electric vehicle maker looks to expand its autonomous ride-hailing operations. The expansion highlights Tesla's efforts to increase adoption of its self-driving software, a version of which it uses in... Read More.

Belgian diamond group that won tariff relief gifted Trump a lavishly encrusted ring

Friday, July 3 by SRN News

BRUSSELS (AP) - Dozens of diamonds spell out two giant letter "T" next to the Stars and Stripes and "1776" and "2026." Dozens more frame the numbers 45 and 47 in the shape of Superman's logo. A diamond-winged eagle carries a ruby shield and... Read More.

Blackstone, CVC and MUFG among bidders for stake in Vietnam’s MoMo, sources say

Friday, July 3 by SRN News

By Yantoultra Ngui and Phuong Nguyen HANOI/SINGAPORE, July 3 (Reuters) - Blackstone, CVC Capital Partners and Japan's MUFG are among bidders for a stake in Vietnamese fintech firm MoMo as it presses ahead with a partial sale, two people with direct knowledge of the matter... Read More.

Investors look for Fed clues, earnings signs as tech wobbles

Friday, July 3 by SRN News

By Lewis Krauskopf NEW YORK, July 3 (Reuters) - Investors in the coming week will seek clues about the likelihood of impending interest-rate hikes and early signs of a pivotal earnings season as they gauge the strength of the U.S. stock market's rally. The second half... Read More.

Goldman dominates first-half M&A as dealmaking surges in EMEA

Friday, July 3 by SRN News

By Anousha Sakoui LONDON, July 3 (Reuters) - Goldman Sachs increased its share of mergers and acquisitions advisory work involving Europe, the Middle East and Africa in the first half of 2026, capturing the biggest slice of the market in the period for nearly... Read More.

Analysis-US oil companies see big profit jump, gird for clash over pump prices with Trump

Friday, July 3 by SRN News

By Jarrett Renshaw and Sheila Dang July 3 (Reuters) - U.S. oil companies are set to report their strongest quarterly profits in years, courting a possible clash with President Donald Trump, who has been pressing his longtime ally Big Oil to bring down gasoline prices... Read More.

Exclusive-Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources say

Friday, July 3 by SRN News

By Jonathan Saul and Parisa Hafezi LONDON/DUBAI, July 3 (Reuters) - Iran has begun talks with Japanese companies under a U.S. sanctions waiver allowing it to resume oil sales, though prospective buyers are seeking a longer waiver and reassurances about ship safety, three Iranian and... Read More.

Current Weather

JPMorgan says weaker demand may cap gold gains near-term, sees rebound in late 2026 and 2027

China’s Chery takes over former Nissan car factory in South Africa

Ferrari appeals to traditionalists with new V12 manual gearbox limited edition

Tesla rolls out robotaxi service in Miami

Blackstone, CVC and MUFG among bidders for stake in Vietnam’s MoMo, sources say

Investors look for Fed clues, earnings signs as tech wobbles

Goldman dominates first-half M&A as dealmaking surges in EMEA

Analysis-US oil companies see big profit jump, gird for clash over pump prices with Trump

Exclusive-Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources say

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