Business

Star Entertainment warns tough conditions to persist after annual loss

Sunday, August 30 by SRN News

Aug 31 (Reuters) - Australian casino operator Star Entertainment reported a bigger-than-expected annual loss on Monday and warned that conditions would stay tough as weak New South Wales table gaming revenue and a pending regulatory penalty weighed on its outlook. The result adds to pressure... Read More.

G20 countries should consider more trade barriers with China to cut imbalances, Bessent says

Sunday, August 30 by SRN News

By David Lawder ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent told Reuters on Sunday that he will encourage G20 member countries to re-examine their terms of trade with China as part of efforts to shrink global imbalances and press Beijing... Read More.

Bessent says yen moves ‘pretty contained’ and not disorderly

Sunday, August 30 by SRN News

By David Lawder and Leika Kihara ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Sunday recent yen moves were "pretty well contained," suggesting the Japanese currency's renewed slides were not seen as the kind of disorderly moves that led... Read More.

Oil jumps more than 2% after US attack on Iran’s Larak island

Sunday, August 30 by SRN News

SINGAPORE, Aug 31 (Reuters) - Oil prices jumped more than 2% on Monday, with Brent back above $90 a barrel, after U.S. forces struck two Iranian launchers on Iran's Larak island in the Strait of Hormuz on Sunday, the first known American strikes on... Read More.

US Treasury blocks certain journalists from G20 meeting in North Carolina

Sunday, August 30 by SRN News

WASHINGTON (AP) - The U.S. Treasury Department is preventing certain journalists from covering a finance meeting among the world's most powerful countries, the latest example of how President Donald Trump's administration has restricted media access. Individual reporters from The New York Times, The Wall Street... Read More.

US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

Sunday, August 30 by SRN News

ASHEVILLE, N.C. (AP) - President Donald Trump's administration plans to impose sanctions on another bank this week as it intensified efforts to economically isolate Iran, U.S. Treasury Secretary Scott Bessent told The Associated Press on Sunday. "This is going to be financial violence if we... Read More.

Aon close to acquiring USI Insurance from KKR in $17 billion deal, WSJ reports

Sunday, August 30 by SRN News

Aug 30 (Reuters) - Aon Plc is close to an agreement to acquire insurance brokerage USI Insurance Services from private equity firm KKR for about $17 billion, including debt, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The deal could... Read More.

Meep, meep. ‘Coyote vs. Acme’ opens with $15.5 million, ‘Spider-Man’ stays No. 1 for fifth weekend

Sunday, August 30 by SRN News

NEW YORK (AP) - Three years after Warner Bros. abruptly canned "Coyote vs. Acme," the Looney Tunes feature film that was given a new lease on life by Ketchup Entertainment debuted with an estimated $15.5 million in ticket sales over the weekend. For the... Read More.

US Treasury’s Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil

Sunday, August 30 by SRN News

By David Lawder ASHEVILLE, North Carolina, Aug 30 (Reuters) - U.S. Treasury Secretary Scott Bessent faces a major test of his economic diplomacy skills this week as he presses finance leaders from the G20 major economies to shrink global trade imbalances, boost growth and sever... Read More.

The battle to build a global defence bank

Sunday, August 30 by SRN News

By Iain Withers, Elisa Martinuzzi and Lefteris Papadimas LONDON, Aug 30 (Reuters) - Canadian Prime Minister Mark Carney has thrown his weight behind a new global defence bank intended to help allies rearm, but other major economies have yet to commit just weeks before prospective... Read More.

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Current Weather

Star Entertainment warns tough conditions to persist after annual loss

G20 countries should consider more trade barriers with China to cut imbalances, Bessent says

Bessent says yen moves ‘pretty contained’ and not disorderly

Oil jumps more than 2% after US attack on Iran’s Larak island

US Treasury blocks certain journalists from G20 meeting in North Carolina

US plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

Aon close to acquiring USI Insurance from KKR in $17 billion deal, WSJ reports

Meep, meep. ‘Coyote vs. Acme’ opens with $15.5 million, ‘Spider-Man’ stays No. 1 for fifth weekend

US Treasury’s Bessent faces G20 diplomacy test amid tariffs, Iran war, bond turmoil

The battle to build a global defence bank

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