Business

Kenya aviation workers end strike that paralyzed airport operations in the capital

Tuesday, September 1 by SRN News

NAIROBI, Kenya (AP) - Kenyan aviation workers on Tuesday called off a strike that paralyzed air traffic for two days at the main international airport in the capital Nairobi. Moss Ndiema, head of the Kenya Aviation Workers Union, said the strike that started Sunday had... Read More.

WPP cutting up to 1,000 more jobs by year-end, FT reports

Tuesday, September 1 by SRN News

Sept 1 (Reuters) - WPP is cutting up to 1,000 more jobs by year-end as Britain's biggest advertising group accelerates a restructuring programme under new chief Cindy Rose, the Financial Times reported on Tuesday, citing people familiar with the matter. Rose in February set... Read More.

Morning Bid: The dog days are over

Tuesday, September 1 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Europe enters autumn with benchmark gas prices at 3-1/2-year highs and stocks at their lowest ever for the time of year on records stretching back to 2011. Winter will be a gamble... Read More.

Global AI boom fuels Asia factory expansion in August

Monday, August 31 by SRN News

By Leika Kihara Sept 1 (Reuters) - Surging global demand for AI hardware kept Asia's factories humming in August, private surveys showed on Tuesday, brightening prospects for the export-reliant region even as the prolonged Middle East war fuels uncertainty and rising costs. China, Japan and South... Read More.

Analysis-Japan faces day of policy reckoning as Bessent calls time on big stimulus

Monday, August 31 by SRN News

By Leika Kihara ASHEVILLE, North Carolina, Aug 31 (Reuters) - When the U.S. joined Japan's efforts to shore up the yen, it wasn't for nothing. This week, U.S. Treasury Secretary Scott Bessent spelt out the terms: get busy on interest rate hikes and end outdated... Read More.

Trump’s oil deal with Venezuela raises red flags for some major producers, sources say

Monday, August 31 by SRN News

By Sheila Dang and Marianna Parraga HOUSTON, Aug 31 (Reuters) - An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is prompting questions and hesitation from some... Read More.

JBS co-owner lobbied Trump to lower beef import tariffs, WSJ reports

Monday, August 31 by SRN News

Aug 31 (Reuters) - Brazilian billionaire Joesley Batista, one of the owners of meatpacker JBS, met U.S. President Donald Trump on August 20 to discuss how additional beef supply from Brazil could help tame U.S. beef prices if Trump dropped a 26% import tax,... Read More.

Japan manufacturing new business rises at fastest pace since 2018, PMI shows

Monday, August 31 by SRN News

TOKYO, Sept 1 (Reuters) - Japan's manufacturing sector picked up in August as new business grew at the fastest pace since January 2018 on solid demand for semiconductors and AI-related products, a business survey showed on Tuesday. • The S&P Global Japan Manufacturing Purchasing Managers'... Read More.

Oil prices rise as latest fighting resurrects Middle East supply disruption risks

Monday, August 31 by SRN News

By Noel John and Sumit Saha Sept 1 (Reuters) - Oil prices gained on Tuesday as the resumption of fighting between the U.S. and Iran in the Middle East renewed fears of supply disruptions from the world's key crude-producing region. Brent crude... Read More.

Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles

Monday, August 31 by SRN News

By Ankur Banerjee SINGAPORE, Sept 1 (Reuters) - The yen steadied near the 160-per-dollar level on Tuesday after U.S. Treasury Secretary Scott Bessent ramped up pressure on the Bank of Japan to hike rates later this month, while currency markets kept a wary watch on... Read More.

Current Weather

Kenya aviation workers end strike that paralyzed airport operations in the capital

WPP cutting up to 1,000 more jobs by year-end, FT reports

Morning Bid: The dog days are over

Global AI boom fuels Asia factory expansion in August

Analysis-Japan faces day of policy reckoning as Bessent calls time on big stimulus

Trump’s oil deal with Venezuela raises red flags for some major producers, sources say

JBS co-owner lobbied Trump to lower beef import tariffs, WSJ reports

Japan manufacturing new business rises at fastest pace since 2018, PMI shows

Oil prices rise as latest fighting resurrects Middle East supply disruption risks

Yen hangs near 160 amid BOJ rate-hike bets, dollar wobbles

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