Business

BlackRock’s Atlas freezes $1 billion in Brazil renewables investments

Tuesday, June 2 by SRN News

By Sudarshan Varadhan and Colleen Howe SHANGHAI, June 3 (Reuters) - Atlas Renewable Energy, one of South America's largest clean power generators, has put plans for $1 billion in new investments in Brazil on hold as the national grid operator has periodically rejected renewable power,... Read More.

Scott Pelley fired from ’60 Minutes,’ deepening turmoil at CBS News

Tuesday, June 2 by SRN News

CBS News fired longtime "60 Minutes" correspondent Scott Pelley on Tuesday, a day after he allegedly said Editor-in-Chief Bari Weiss was "murdering the show" and accused its new producer of having "slender qualifications" for the job. The move deepened the turmoil at the nation's... Read More.

Tokyo’s Nikkei 225 index tops 68,000 for the 1st time as Wall Street logs more records

Tuesday, June 2 by SRN News

Japan's Nikkei 225 index topped 68,000 for the first time on Wednesday after U.S. stocks pushed further into record territory. The dollar briefly surpassed 160 Japanese yen before slipping back slightly. Oil prices rose more than $1 a barrel. Buying of technology shares linked... Read More.

China services activity grows at fastest pace in three months, private PMI shows

Tuesday, June 2 by SRN News

BEIJING, June 3 (Reuters) - China's services activity expanded at the fastest pace in three months in May, helped by stronger growth in new business and a rebound in overseas demand, though rising cost pressures weighed on firms, a private-sector survey showed on Wednesday. The... Read More.

Oil prices rise as new Middle East hostilities flare and talks stall

Tuesday, June 2 by SRN News

By Nicole Jao June 3 (Reuters) - Oil prices climbed more than 1% in early trade on Wednesday as hostilities in the Middle East erupted anew with Iran firing missiles at Kuwait and Bahrain, while diplomatic talks between Iran and the United States showed little... Read More.

BUSINESS HEADLINES

Tuesday, June 2 by SRN News

(AP) - BUSINESS HEADLINES Wall Street inches to more records thanks to booming AI stocks NEW YORK (AP) - The U.S. stock market inched to more records as winners of the artificial-intelligence boom kept driving higher. The S&P 500 rose 0.1% Tuesday. The Dow Jones Industrial... Read More.

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism (VIDEO)

Tuesday, June 2 by SRN News

WASHINGTON (AP) - Secretary of State Marco Rubio says he's optimistic about the potential for a resumption in nuclear talks with Iran despite a shaky ceasefire in the war that's looking increasingly in doubt. Rubio told lawmakers Tuesday the Iranians have agreed to negotiate... Read More.

Exclusive-SpaceX plans to raise $75 billion in IPO at $135 per share, source says

Tuesday, June 2 by SRN News

By Echo Wang NEW YORK, June 2 (Reuters) - SpaceX plans to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share, a source familiar with the matter told Reuters. Reuters reported earlier on Tuesday... Read More.

Canada had a positive meeting with the US on free trade talks, Canadian minister says

Tuesday, June 2 by SRN News

By David Lawder and Promit Mukherjee WASHINGTON/OTTAWA, June 2 (Reuters) - Canada had a positive meeting with the U.S. on the review of their free trade deal, Canada's minister responsible for Canada-U.S. trade, Dominic LeBlanc, said in Washington on Tuesday, but declined to provide many... Read More.

Applied Aerospace & Defense raises $650 million in US IPO, Bloomberg News reports

Tuesday, June 2 by SRN News

June 2 (Reuters) - Private equity-backed government contractor Applied Aerospace & Defense has raised $650 million in its U.S. initial public offering after pricing shares at $20 each, Bloomberg News reported on Tuesday, citing a person familiar with the matter. Reuters could not immediately... Read More.

Current Weather

BlackRock’s Atlas freezes $1 billion in Brazil renewables investments

Scott Pelley fired from ’60 Minutes,’ deepening turmoil at CBS News

Tokyo’s Nikkei 225 index tops 68,000 for the 1st time as Wall Street logs more records

China services activity grows at fastest pace in three months, private PMI shows

Oil prices rise as new Middle East hostilities flare and talks stall

BUSINESS HEADLINES

Rubio is optimistic on eventual Iran nuclear talks despite congressional skepticism (VIDEO)

Canada had a positive meeting with the US on free trade talks, Canadian minister says

Applied Aerospace & Defense raises $650 million in US IPO, Bloomberg News reports

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