Business – Page 145 – Freedom 96.9

Qantas has seen rebound in demand for Australia-US flights, executive says

Thursday, August 27 by SRN News

Aug 27 (Reuters) - Qantas Airways has seen a rebound in demand for flights between Australia and the U.S. in both directions and has enough capacity available to absorb the demand, a senior executive said on Thursday. The airline is "very happy" with the performance... Read More.

Shein’s Hong Kong IPO pricing values company at $26.5 billion, sources say

Thursday, August 27 by SRN News

By Selena Li and Kane Wu HONG KONG, Aug 27 (Reuters) - Online fast-fashion retailer Shein is set to price its Hong Kong initial public offering near the midpoint of its marketed range, raising $1.7 billion and valuing the company at about $26.5 billion, two... Read More.

China’s drug regulator accepts Novo Nordisk’s application for oral Wegovy

Thursday, August 27 by SRN News

SHANGHAI, Aug 27 (Reuters) - Novo Nordisk said on Thursday that China's drug regulator had accepted its application to sell the oral version of its GLP-1 weight-loss drug Wegovy, as the Danish drugmaker seeks to catch up with rival Eli Lilly in the world's... Read More.

One Tech Tip: How to keep your child’s tablets, laptops from becoming distractions from schoolwork

Thursday, August 27 by SRN News

(AP) - Tablets and computers have become crucial school supplies for many students. But the same devices children use to read text, write essays, solve math problems or research history projects can also offer distractions in the form of games, social media and web... Read More.

Analysis-Bessent, Warsh diverge on who should set the price of money

Thursday, August 27 by SRN News

By Karen Brettell Aug 27 (Reuters) - Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh appear at odds over a question at the heart of U.S. financial policy. How hands-off can policymakers be when it comes to setting a price for money? Warsh has... Read More.

Oil prices extend losses on expectations talks to ease Middle East supply woes

Wednesday, August 26 by SRN News

By Laila Kearney Aug 27 (Reuters) - Oil prices fell on Thursday, extending a streak of multiple days of losses, on expectations talks between Iran and Qatar may open the key Strait of Hormuz and reduce supply disruptions from the Middle East war. Brent crude... Read More.

Asian stocks rise for third day as Nvidia beats

Wednesday, August 26 by SRN News

By Gregor Stuart Hunter SINGAPORE, Aug 27 (Reuters) - Stocks rose at the start of the Asia-Pacific trading session on Thursday as Nvidia's latest earnings report beat estimates, lifting tech hardware manufacturers and reviving investor confidence after data overnight showed that the Federal Reserve's preferred... Read More.

KKR settles US antitrust case accusing it of merger filing violations for $250 million

Wednesday, August 26 by SRN News

By Fabiola Arámburo and Mrinmay Dey Aug 26 (Reuters) - KKR has agreed to pay $250 million to settle a U.S. antitrust case which accused the private equity giant of repeatedly violating federal premerger filing requirements and evading antitrust scrutiny in at least 16 transactions. The... Read More.

Dollar near eight-day high as US data lifts Fed hike bets

Wednesday, August 26 by SRN News

TOKYO, August 27 (Reuters) - The dollar held near an eight-day high on Thursday after U.S. inflation and other economic data slightly lifted expectations of a Federal Reserve rate hike, ahead of the Jackson Hole central bankers' symposium due to begin later in the... Read More.

Anxious investors hope for clarity on Warsh’s Fed plan at Jackson Hole

Wednesday, August 26 by SRN News

By Gertrude Chavez-Dreyfuss and Fergal Smith NEW YORK/TORONTO, Aug 26 (Reuters) - Investors this week will watch the annual Jackson Hole symposium for clues on how policymakers plan to navigate a landscape in which higher Treasury yields could do some of the tightening work for... Read More.

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