Business

How Honda’s old guard tried, and failed, to oust its CEO

Tuesday, June 9 by SRN News

By Norihiko Shirouzu, Daniel Leussink and Maki Shiraki TOKYO, June 9 (Reuters) - Late last year, a handful of retired Honda Motor executives started meeting privately to discuss the Japanese automaker's troubles and the person they believed was the cause: Chief Executive Toshihiro Mibe. Over... Read More.

Morning Bid: Fortune really had better favour the brave

Tuesday, June 9 by SRN News

June 9 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asian investors, either very brave or very foolish, are back to buying the dip on Tuesday and most regional indices are bouncing. News Iran and Israel had... Read More.

New Balance’s India partner Brandman to expand fivefold, add global brands, exec says

Tuesday, June 9 by SRN News

By Praveen Paramasivam June 9 (Reuters) - U.S. sneaker brand New Balance's India partner, Brandman Retail, plans to more than quintuple its store count by 2028 and introduce brands such as France's Salomon, betting on rising demand for global labels, an executive said. India's affluent consumers... Read More.

Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip

Tuesday, June 9 by SRN News

Asian shares were mixed Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week. Oil prices fell back after surging on Monday as fighting flared between Israel and Iran, threatening to pull the region back into full-scale... Read More.

Stellantis recalling more than 1.3 million Jeep vehicles over fire concerns

Tuesday, June 9 by SRN News

WASHINGTON, June 9 (Reuters) - Stellantis said on Tuesday it is recalling more than 1.3 million Jeep SUVs and trucks worldwide over fire concerns and urged owners to park away from structures or other vehicles until a fix is completed. The recall covers 2021-2025... Read More.

China’s exports jump 19.4% in May from a year earlier, despite Iran war

Tuesday, June 9 by SRN News

HONG KONG (AP) - China's exports picked up pace in May, rising 19.4% from a year earlier, its customs agency said Tuesday, as shipments remained robust despite impacts from the Iran war. The stronger than expected performance was an improvement from April's 14.1% year-on-year increase.... Read More.

As US Customs refines its tariff refund system, who gets in to apply is under dispute

Tuesday, June 9 by SRN News

NEW YORK (AP) - A U.S. Customs and Border Protection agency official is set to testify in federal court Tuesday about the U.S. government's plans for refunding billions of dollars that importers paid before the Supreme Court ruled that President Donald Trump illegally imposed... Read More.

Vietnam orders airlines to accelerate U.S. deals as Washington trade probes mount

Monday, June 8 by SRN News

June 9 (Reuters) - Vietnam has ordered its major airlines to review the progress of multibillion-dollar agreements signed with Boeing and Pratt & Whitney, and explore new import deals with American companies, as Hanoi seeks to strengthen its hand in trade talks with the... Read More.

Bain Capital enters bidding war for Australia’s oOh!media after rival offers

Monday, June 8 by SRN News

June 9 (Reuters) - Australian advertising firm oOh!media said on Tuesday it had received indicative takeover offers from Bain Capital and other financial sponsors, triggering a three-way bidding war with I Squared Capital and Pacific Equity Partners. Here are a few details: • Shares of oOh!media... Read More.

China’s May trade data beat forecasts as exporters rush orders, ride AI wave

Monday, June 8 by SRN News

BEIJING, June 9 (Reuters) - China's exports picked up pace in May, as earlier front-loading by overseas buyers to pre-empt Gulf war energy costs fed through to shipments, while steady appetite for semiconductors and AI hardware lent additional support. Exports expanded 19.4% from a year... Read More.

Current Weather

How Honda’s old guard tried, and failed, to oust its CEO

Morning Bid: Fortune really had better favour the brave

New Balance’s India partner Brandman to expand fivefold, add global brands, exec says

Asian shares are mixed as tech stocks rebound from sell-offs, while oil prices slip

Stellantis recalling more than 1.3 million Jeep vehicles over fire concerns

China’s exports jump 19.4% in May from a year earlier, despite Iran war

As US Customs refines its tariff refund system, who gets in to apply is under dispute

Vietnam orders airlines to accelerate U.S. deals as Washington trade probes mount

Bain Capital enters bidding war for Australia’s oOh!media after rival offers

China’s May trade data beat forecasts as exporters rush orders, ride AI wave

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