Business

Iran fires on Gulf neighbors after US military strikes Iranian military targets

Wednesday, September 2 by SRN News

DUBAI, United Arab Emirates (AP) - Bahrain intercepted an Iranian aerial attack early Wednesday, as Tehran continued to fire on allies of the United States in the Gulf region despite threats from President Donald Trump to escalate American military attacks. Bahrain, which hosts an... Read More.

Shein shares slip more than 3% on second day of Hong Kong trading

Wednesday, September 2 by SRN News

(Corrects name of analyst to Brandon, not Brendon, in paragraph 7) HONG KONG, Sept 2 (Reuters) - Shares of Shein slipped more than 3% on Wednesday, a day after a lacklustre debut session following a long-awaited initial public offering. The online fast-fashion retailer's stock tanked by... Read More.

German companies under pressure to adapt as China challenges them at their own game

Wednesday, September 2 by SRN News

MOOSBURG, Germany (AP) - The heart of the German economy is making and exporting the big-ticket, complex goods that make global business run: everything from cars and locomotives to factory machinery, aircraft and construction equipment. That model for growth is under serious pressure from... Read More.

Asian shares decline after stocks slip on Wall Street, while global bond sell-off intensifies

Wednesday, September 2 by SRN News

HONG KONG (AP) - Asian shares tumbled Wednesday after stocks slipped on Wall Street and as a bond market sell-off deepened globally. U.S. futures also declined. Tokyo's Nikkei 225 dropped 3% to 64,278.95. SoftBank Group, the Japanese multinational investment holding firm which invests in OpenAI, fell... Read More.

BHP’s chief commercial officer to step down in January, internal memo shows

Wednesday, September 2 by SRN News

By Melanie Burton MELBOURNE, Sept 2 (Reuters) - BHP's Chief Commercial Officer Rag Udd will step down at the end of January to pursue an opportunity outside the company, according to a staff memo seen by Reuters on Tuesday, leaving open one of the miner's... Read More.

Exclusive-Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show

Wednesday, September 2 by SRN News

By Maki Shiraki TOKYO, Sept 2 (Reuters) - Japan's Honda aims to cut more than $9 billion in costs over the next four years and has instructed suppliers to drastically reduce their prices, according to internal documents and one person familiar with the matter. The plan,... Read More.

Bond selloff deepens as inflation risks, oil prices jolt markets

Wednesday, September 2 by SRN News

By Ankur Banerjee SINGAPORE, Sept 2 (Reuters) - Global bonds sold off sharply on Wednesday, extending a rout that is raising borrowing costs to multi-decade highs as the Middle East conflict pushes up energy prices, playing into investor fears about inflation and ballooning government debt. Sovereign... Read More.

Analysis-No shortage of culprits in panic over long US Treasury yields

Wednesday, September 2 by SRN News

By Suzanne McGee PROVIDENCE, Rhode Island, Sept 2 (Reuters) - Higher long-end Treasury yields are unlikely to retreat anytime soon, and a host of intertwined supply and demand factors will likely hamstring U.S. policymakers seeking to cap borrowing costs. That is because the renewed surge... Read More.

Morning Bid: Who will police the bond vigilantes?

Wednesday, September 2 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter Bond yields are hitting new milestones as fighting resumes between the U.S. and Iran and oil prices surge, sending Brent crude above $95 and the yield on the U.S. 10-year... Read More.

Italians enter uneasy truce with invasive blue crabs, exporting crustaceans they won’t eat

Wednesday, September 2 by SRN News

SCARDOVARI, Italy (AP) - Italian fishermen for two years incinerated most of the invasive Atlantic blue crabs caught in the Po River Delta south of Venice. Few Italians had an appetite for the alien predator blamed for decimating their prized Manila clams. While experiments in... Read More.

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Current Weather

Iran fires on Gulf neighbors after US military strikes Iranian military targets

Shein shares slip more than 3% on second day of Hong Kong trading

German companies under pressure to adapt as China challenges them at their own game

Asian shares decline after stocks slip on Wall Street, while global bond sell-off intensifies

BHP’s chief commercial officer to step down in January, internal memo shows

Exclusive-Honda tells suppliers to cut costs in $9 billion push to fend off China, documents show

Bond selloff deepens as inflation risks, oil prices jolt markets

Analysis-No shortage of culprits in panic over long US Treasury yields

Morning Bid: Who will police the bond vigilantes?

Italians enter uneasy truce with invasive blue crabs, exporting crustaceans they won’t eat

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