Business

Tesla raises prices of Cybertrucks in the US

Tuesday, August 25 by SRN News

Aug 25 (Reuters) - Tesla raised the prices of some of its Cybertruck pickup trucks in the United States on Tuesday, according to its website. The company increased the price of its Cybertruck dual motor and premium all-wheel drive by $5,000 to $74,990 and... Read More.

Fortescue suspends senior executive under sexual harassment probe

Tuesday, August 25 by SRN News

MELBOURNE, Aug 25 (Reuters) - Fortescue, Australia's third-largest miner, said on Tuesday it had suspended a senior executive who is under investigation over allegations of sexual harassment and bullying. Fortescue was taking the allegations "extremely seriously" and hired law firm MinterEllison to investigate, it said... Read More.

Australian bank investors brace for tough times as mortgage demand plummets

Tuesday, August 25 by SRN News

By Christine Chen and Scott Murdoch SYDNEY, Aug 25 (Reuters) - Investors are questioning the rich valuations on Australia's biggest banks as a downturn in lucrative mortgage lending threatens to stifle growth and intensify competition for borrowers. The so-called "Big Four" banks each reported double-digit falls... Read More.

Nvidia shares set for $280 billion price swing after earnings, options show

Tuesday, August 25 by SRN News

By Laura Matthews NEW YORK, Aug 25 (Reuters) - Options traders are pricing in a $280 billion swing in Nvidia's market value after the company reports second-quarter earnings on Wednesday afternoon, as investors seek fresh insight into the demand driving the technology sector. The chipmaker's options... Read More.

Trump’s trade war with Canada could rattle economies in states with key Senate races

Tuesday, August 25 by SRN News

PORTLAND, Maine (AP) - President Donald Trump's trade war with Canada is escalating as the midterm elections approach, threatening Republican efforts to address voters' economic concerns in a year when control of the U.S. Senate hinges on states along the border between the United... Read More.

Analysis-Death of the consumer conglomerate? Unilever bets less is more

Tuesday, August 25 by SRN News

By Alexander Marrow and Richa Naidu LONDON, Aug 25 (Reuters) - Unilever is betting that shedding food assets and focusing on beauty, personal care and home products will close a valuation gap with more focused rivals. The challenge is convincing investors that a simpler company... Read More.

Oil prices steady as investors weigh impact of expanded US sanctions against Iran

Monday, August 24 by SRN News

By Ishaan Arora Aug 25 (Reuters) - Oil prices steadied on Tuesday, after falling more than 2% in the previous session, as investors assessed the impact of harsher U.S. secondary sanctions against Iran. Brent crude futures were down 9 cents, or 0.1%, at $92.16 by 0104... Read More.

Asia shares fall on tech nerves; oil prices slip

Monday, August 24 by SRN News

By Rae Wee SINGAPORE, Aug 25 (Reuters) - Asia shares slipped on Tuesday while oil prices extended losses, after threats from the U.S. for an "economic D-Day" of sanctions on Iran turned out to be a damp squib. U.S. Treasury yields were off their recent highs... Read More.

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

Monday, August 24 by SRN News

By Jiaxing Li HONG KONG, Aug 25 (Reuters) - The U.S. dollar struggled to hold onto gains against major peers on Tuesday, as investors parsed Washington's expanded Iran-related sanctions and renewed efforts to ease pressure on longer-dated Treasury yields. The euro was a shade higher... Read More.

Alabama launches probe into OpenAI after Hugging Face breach

Monday, August 24 by SRN News

Aug 24 (Reuters) - Alabama's attorney general said on Monday the state had opened an investigation into OpenAI after its models hacked technology company Hugging Face last month, raising concerns about how artificial intelligence firms control their powerful systems. Here are a few details: •... Read More.

Current Weather

Tesla raises prices of Cybertrucks in the US

Fortescue suspends senior executive under sexual harassment probe

Australian bank investors brace for tough times as mortgage demand plummets

Nvidia shares set for $280 billion price swing after earnings, options show

Trump’s trade war with Canada could rattle economies in states with key Senate races

Analysis-Death of the consumer conglomerate? Unilever bets less is more

Oil prices steady as investors weigh impact of expanded US sanctions against Iran

Asia shares fall on tech nerves; oil prices slip

Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

Alabama launches probe into OpenAI after Hugging Face breach

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