Business

Bond selloff pressures stocks as oil crosses $91 a barrel

Monday, August 31 by SRN News

SINGAPORE, Sept 1 (Reuters) - Selling drove global bond yields to major new highs on Tuesday as renewed fighting in the Middle East lifted oil prices above $90 a barrel and put pressure on stock markets around the world. The 10-year U.S. Treasury yield, a... Read More.

The Media Line: Iran Targets UAE, Jordan Bases After US Larak Island Strike

Monday, August 31 by SRN News

Iran Targets UAE, Jordan Bases After US Larak Island Strike By The Media Line Staff Iran launched attacks on US and allied military targets in the region in response to American strikes on Larak Island in the Strait of... Read More.

Fast-fashion giant Shein set to open flat in Hong Kong market debut

Monday, August 31 by SRN News

HONG KONG, Sept 1 (Reuters) - Shares in fast fashion giant Shein were set open flat in their Hong Kong market debut on Tuesday, hurt by numerous setbacks that have long delayed its listing and undermined the foundations of its business. Known globally for selling... Read More.

Days after Trump announces Venezuela oil deal, White House fills in some of the details

Monday, August 31 by SRN News

WASHINGTON (AP) - The White House on Monday said it's partnering with North American Blue Energy Partners as part of President Donald Trump's push to tap into Venezuela's oil industry, setting up a deal that will give the Pentagon a stake over roughly a... Read More.

Trump says Exxon is ‘going in’ to Venezuela as US pushes oil deals

Monday, August 31 by SRN News

By Sheila Dang HOUSTON, Aug 31 (Reuters) - U.S. President Donald Trump said Monday that ExxonMobil, the largest U.S. oil major, was among a group of companies planning to do business in Venezuela. Exxon declined to comment. Any entrance into the South American country would mark... Read More.

Shein set for lacklustre debut after setbacks cause huge drop in valuation

Monday, August 31 by SRN News

By Yantoultra Ngui, Casey Hall and Helen Reid HONG KONG, Sept 1 (Reuters) - Chinese online fashion giant Shein's Hong Kong debut on Tuesday caps a years-long effort to tap capital markets after trying to list in vain in the West, but may bring little... Read More.

Federal Trade Commission and 22 states sue Amazon over inflated advertising prices

Monday, August 31 by SRN News

NEW YORK (AP) - The Federal Trade Commission and 22 states filed a lawsuit against online retailer Amazon on Monday claiming that it defrauded advertising customers. The lawsuit, filed in the U.S. District Court in the Western District of Washington, claims that Amazon overcharged 1.2... Read More.

SEC chairman moves to give US states power over shareholder resolutions

Monday, August 31 by SRN News

By Ross Kerber Aug 31 (Reuters) - The U.S. Securities and Exchange Commission has taken a step toward eliminating its requirements for shareholder proposals at public companies and giving new powers to states, a shift that would diminish the influence of investor activists. In a regulatory... Read More.

KKR-backed OPI nail polish owner Wella Co files for US IPO

Monday, August 31 by SRN News

Aug 31 (Reuters) - KKR-backed OPI nail polish owner Wella Company filed for a U.S. IPO on Monday, adding to a growing list of consumer companies looking to tap investor interest in public markets. The hair and nail care firm has a presence in... Read More.

JPMorgan taps Deutsche Bank’s Jones for mid-cap basic materials role, memo says

Monday, August 31 by SRN News

By Sabrina Valle NEW YORK, Aug 31 (Reuters) - JPMorgan Chase has hired investment banker Ward Jones as head of Mid-Cap Basic Materials Investment Banking, according to an internal memo seen by Reuters. Jones will focus on building products, building products distribution, and paper and packaging... Read More.

Current Weather

Bond selloff pressures stocks as oil crosses $91 a barrel

The Media Line: Iran Targets UAE, Jordan Bases After US Larak Island Strike

Fast-fashion giant Shein set to open flat in Hong Kong market debut

Days after Trump announces Venezuela oil deal, White House fills in some of the details

Trump says Exxon is ‘going in’ to Venezuela as US pushes oil deals

Shein set for lacklustre debut after setbacks cause huge drop in valuation

Federal Trade Commission and 22 states sue Amazon over inflated advertising prices

SEC chairman moves to give US states power over shareholder resolutions

KKR-backed OPI nail polish owner Wella Co files for US IPO

JPMorgan taps Deutsche Bank’s Jones for mid-cap basic materials role, memo says

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