Business

China’s Pony.ai’s overseas robotaxi pipeline expands to over 4,000 vehicles

Tuesday, August 18 by SRN News

BEIJING, Aug 18 (Reuters) - Chinese autonomous driving firm Pony.ai said on Tuesday that its pipeline of planned and potential overseas robotaxi deployments has expanded to more than 4,000 vehicles. The company posted a strong second quarter with total revenue rising 68.8% from a year... Read More.

Glencore’s planned Australian debut draws interest as investors look past coal

Tuesday, August 18 by SRN News

By Melanie Burton MELBOURNE, Aug 18 (Reuters) - Glencore could leap into top market indices within six months of listing in Australia as fund managers' copper appetite may outweigh concerns over thermal coal exposure, analysts and investors said following briefings on the listing. Glencore, the world's... Read More.

Mexico’s Braskem Idesa files for bankruptcy in US to reduce debt

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Mexican petrochemical firm Braskem Idesa, a joint venture of Brazil's Braskem and Mexico's Grupo Idesa, filed for Chapter 11 bankruptcy in the U.S. on Tuesday after reaching agreements with creditors and shareholders to cut debt by more than $920 million.... Read More.

Selling grips bond markets from US to Japan as inflation, fiscal worries take hold

Tuesday, August 18 by SRN News

LONDON, Aug 18 (Reuters) - Long-term borrowing costs from the United States to Japan and Germany rose to their highest levels in decades on Tuesday, as renewed inflation worries added to lingering concerns of fiscal pressures across major economies, dealing bond markets a fresh... Read More.

US 30-year yields hit highest level since 2007 as war, oil worries fester

Tuesday, August 18 by SRN News

By Ankur Banerjee SINGAPORE, Aug 18 (Reuters) - U.S. 30-year Treasury yields rose to their highest level since 2007 on Tuesday as stalled talks to end the U.S.-Iran war and worries of an imminent escalation sent oil prices above $90 a barrel, fanning fears of... Read More.

Singapore’s UOB appoints Tan Choon Hin as head of ASEAN and Greater China in new role

Tuesday, August 18 by SRN News

SINGAPORE, Aug 18 (Reuters) - Singapore's United Overseas Bank, or UOB, has appointed Tan Choon Hin as head of ASEAN and Greater China, effective September 1, it said in a statement on Tuesday. Here are more details: • The new role will see Tan, who is... Read More.

Analysis-Can nicotine pouches drive Big Tobacco’s future beyond cigarettes?

Tuesday, August 18 by SRN News

By Hugo Lhomedet and Emma Rumney Aug 18 (Reuters) - Fast-growing nicotine pouches have emerged as one of Big Tobacco's most important bets on a future beyond cigarettes, offering rapid growth, attractive margins and, for now, lighter regulation than many rival smoking alternatives. Investors are increasingly... Read More.

Morning Bid: Bond investors in revolt as Iran threatens to go ‘fully offensive’

Tuesday, August 18 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter Government borrowing costs are rising to levels not seen in decades as the conflict in the Middle East worsens and investors fear the effect on inflation. The yield on the 30-year... Read More.

Australia’s BHP, unions fail to reach wage deal

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - BHP Ports Unions said on Tuesday that it had failed to reach an agreement with BHP on a wage deal for workers at Port Hedland in Western Australia. The parties said they will meet again on August 25, a spokesperson for... Read More.

Donor fatigue guts demining in Asia, as active conflicts draw away funding

Tuesday, August 18 by SRN News

SIEM REAP, Cambodia (AP) - En Poy was minding cattle in a former Khmer Rouge stronghold in Cambodia when he set off his first land mine. The blast from the rusty relic he picked up cost him an arm and an eye. It also inspired... Read More.

Current Weather

China’s Pony.ai’s overseas robotaxi pipeline expands to over 4,000 vehicles

Glencore’s planned Australian debut draws interest as investors look past coal

Mexico’s Braskem Idesa files for bankruptcy in US to reduce debt

Selling grips bond markets from US to Japan as inflation, fiscal worries take hold

US 30-year yields hit highest level since 2007 as war, oil worries fester

Singapore’s UOB appoints Tan Choon Hin as head of ASEAN and Greater China in new role

Analysis-Can nicotine pouches drive Big Tobacco’s future beyond cigarettes?

Morning Bid: Bond investors in revolt as Iran threatens to go ‘fully offensive’

Australia’s BHP, unions fail to reach wage deal

Donor fatigue guts demining in Asia, as active conflicts draw away funding

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