Business

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

Tuesday, August 25 by SRN News

By Satoshi Sugiyama TOKYO, Aug 26 (Reuters) - The Bank of Japan will move more swiftly than previously expected and raise interest rates again in September, a majority of economists said in a Reuters poll, with the terminal rate also likely to be higher. Poll results... Read More.

Trading Day: Oil, yields slide

Tuesday, August 25 by SRN News

By Jamie McGeever ORLANDO, Florida, Aug 25 (Reuters) - Oil prices fell sharply on Monday, with Brent crude back below $90 a barrel, sparking a solid rise on Wall Street and strong rally in Treasuries, as investors digested recent news on U.S. bond buybacks and... Read More.

Four Fed bank boards wanted rate hike, minutes show

Tuesday, August 25 by SRN News

By Ann Saphir Aug 25 (Reuters) - Directors at four of the Federal Reserve's 12 banks voted to increase the interest rate charged to commercial banks for emergency loans in the days before the U.S. central bank's July meeting, minutes of the central bank's discount... Read More.

A Chinese humanoid robot sets a new 100-meter sprint record at Beijing Games

Tuesday, August 25 by SRN News

BEIJING (AP) - A Chinese humanoid robot set a new 100-meter sprint record of 8.86 seconds in Beijing on Tuesday, beating its robot competitors - and the fastest recorded human time. The race was part of China's World Humanoid Robot Games, an Olympic-style competition now... Read More.

Factbox-Companies face backlash over controversial products and advertisement campaigns

Tuesday, August 25 by SRN News

Aug 25 (Reuters) - Backlash over a Halloween costume sold by Target spilled into the retailer's shares on Tuesday, drawing fresh attention to a string of similar controversies that have plagued global brands over cultural missteps. Here are some examples: ... Read More.

Intuit’s annual forecast falls short of estimates as it prioritizes customer growth

Tuesday, August 25 by SRN News

Aug 25 (Reuters) - Intuit forecast annual revenue below Wall Street expectations on Tuesday, as the TurboTax maker said its push for customer growth and market-share gains would weigh on near-term sales. The enterprise software provider projected fiscal 2027 revenue of $23.28 billion to $23.51... Read More.

Canada announces retaliatory tariffs on $20 billion worth of US goods, unveils support measures

Tuesday, August 25 by SRN News

By Promit Mukherjee OTTAWA, Aug 25 (Reuters) - Canada on Tuesday announced retaliatory tariffs on C$27.6 billion ($19.94 billion) worth of United States goods, matching dollar-for-dollar new duties imposed by Washington, and unveiled financial support for Canadian businesses and workers caught in the escalating trade... Read More.

Canada targets steel, fish and hundreds of other goods as Trump trade war escalates

Tuesday, August 25 by SRN News

CHICAGO (AP) - Canada has pledged to roll out "dollar-for-dollar" countertariffs on scores of U.S. goods next month in response to President Donald Trump's latest import taxes, which have plunged the North American neighbors deeper into a bitter trade war. Ottawa released a list of... Read More.

Gatik secures $200 million in funding as autonomous freight market accelerates

Tuesday, August 25 by SRN News

Aug 25 (Reuters) - Gatik has raised $200 million in Series D funding, the autonomous trucking startup said on Tuesday, as interest in driverless commercial freight surges in North America and Europe. The funding round was led by Qatar Investment Authority and Koch Disruptive Technologies,... Read More.

Wall St opens higher as tech stocks rebound before Nvidia results, data

Tuesday, August 25 by SRN News

Aug 25 (Reuters) - Wall Street's main indexes opened higher on Tuesday as technology stocks recovered from the previous session's selloff ahead of AI heavyweight Nvidia's results and an inflation report key to shaping interest rate expectations. The Dow Jones Industrial Average rose 177.8 points,... Read More.

Current Weather

BOJ to speed up its tightening campaign, raise key rate to 1.25% in September: Reuters poll

Trading Day: Oil, yields slide

Four Fed bank boards wanted rate hike, minutes show

A Chinese humanoid robot sets a new 100-meter sprint record at Beijing Games

Factbox-Companies face backlash over controversial products and advertisement campaigns

Intuit’s annual forecast falls short of estimates as it prioritizes customer growth

Canada announces retaliatory tariffs on $20 billion worth of US goods, unveils support measures

Canada targets steel, fish and hundreds of other goods as Trump trade war escalates

Gatik secures $200 million in funding as autonomous freight market accelerates

Wall St opens higher as tech stocks rebound before Nvidia results, data

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