Business

Iran expands restrictions on distribution of news content by international media outlets

Wednesday, May 27 by SRN News

Iran has expanded restrictions on distribution of news content from the country, directing international news outlets to restrict use of their content by Israeli media. A directive issued Tuesday to a group of international news outlets based in Tehran specified mandatory language to be included... Read More.

S&P 500 forecast to end year slightly higher even as war drags on: Reuters Poll

Wednesday, May 27 by SRN News

By Caroline Valetkevitch NEW YORK, May 27 (Reuters) - The benchmark Standard & Poor's 500 index will end 2026 slightly higher than its current record levels, according to a Reuters poll of stock market forecasters, who pointed to risks from higher energy prices and inflation... Read More.

Defence-driven demand powers surge in US listings by mining firms

Wednesday, May 27 by SRN News

By Clara Denina LONDON, May 27 (Reuters) - There has been a surge in mining companies seeking U.S. listings this year, but even more striking is the change in language as firms explicitly target defence-related demand for critical minerals. At least 18 companies, mostly Canadian and... Read More.

Chevron shareholders reject proposal for independent board chair

Wednesday, May 27 by SRN News

By Sheila Dang HOUSTON, May 27 (Reuters) - Chevron shareholders rejected a proposal that would have required an independent board chair separate from the CEO role, according to preliminary voting results at the annual meeting on Wednesday. Chevron opposed the proposal brought by the National Legal... Read More.

American Airlines plans to double India tech hub staff, sources say

Wednesday, May 27 by SRN News

By Rishika Sadam and Sai Ishwarbharath B HYDERABAD/BENGALURU, May 27 (Reuters) - U.S. carrier American Airlines Group plans to double headcount at its India technology hub to about 800 by early next year, two people familiar with the matter said. Rival Southwest Airlines last week announced... Read More.

Why Trump’s allegations that white people are being persecuted in South Africa have been denied

Wednesday, May 27 by SRN News

CAPE TOWN, South Africa (AP) - U.S. President Donald Trump has expanded the number of refugee places available for white South Africans, saying there have been "recent increases in the incitement of racially motivated violence" against them by their Black-led government and other political... Read More.

Carney says Canada will buy European surveillance planes over two American options.

Wednesday, May 27 by SRN News

TORONTO (AP) - Canada will buy early warning radar planes built by Sweden's Saab and Canada's Bombardier over two American options, Prime Minister Mark Carney announced Wednesday. Carney said his government has entered negotiations to procure Saab's Airborne Early Warning & Control Aircraft, which... Read More.

Lululemon ends proxy battle with founder Chip Wilson

Wednesday, May 27 by SRN News

By Svea Herbst-Bayliss NEW YORK, May 27 (Reuters) - Lululemon Athletica has settled its proxy fight with Chip Wilson, giving the athletic apparel maker's founder board seats in exchange for a pledge that he will give the company peace as a new chief executive takes... Read More.

Abercrombie & Fitch beats quarterly profit expectations

Wednesday, May 27 by SRN News

May 27 (Reuters) - Abercrombie & Fitch beat Wall Street expectations for first-quarter profit on Wednesday, riding strong demand for its apparel despite macroeconomic uncertainty continuing to pressure U.S. discretionary spending. It reported adjusted net income per share of $1.47, above expectations of $1.28.... Read More.

Investors hunt for AI winners in small-cap US tech stocks

Wednesday, May 27 by SRN News

By Shashwat Chauhan May 27 (Reuters) - U.S. small-cap technology stocks are surging after years of underperformance, a sign of how the AI frenzy is pushing technology investors to look beyond the Nvidias and Intels of the world. Record U.S. equity inflows are moving beyond... Read More.

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Current Weather

Iran expands restrictions on distribution of news content by international media outlets

S&P 500 forecast to end year slightly higher even as war drags on: Reuters Poll

Defence-driven demand powers surge in US listings by mining firms

Chevron shareholders reject proposal for independent board chair

American Airlines plans to double India tech hub staff, sources say

Why Trump’s allegations that white people are being persecuted in South Africa have been denied

Carney says Canada will buy European surveillance planes over two American options.

Lululemon ends proxy battle with founder Chip Wilson

Abercrombie & Fitch beats quarterly profit expectations

Investors hunt for AI winners in small-cap US tech stocks

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