Business

Exclusive-Energy drink and supplements company Nutrabolt picks banks for US IPO, sources say

Tuesday, June 30 by SRN News

By Abigail Summerville and Echo Wang NEW YORK, June 30 (Reuters) - Nutrabolt, an energy drink and supplements company, has picked investment banks to lead an initial public offering that could raise up to $1 billion, according to four people familiar with the matter. ... Read More.

KKR to buy EDF’s renewable power assets in US, Canada for $4.2 billion

Tuesday, June 30 by SRN News

June 30 (Reuters) - Private equity firm KKR said on Tuesday it will buy the operations and assets of EDF's North American renewable energy unit in the U.S. and Canada for $4.2 billion. EDF Power Solutions' assets are being sold as the parent company, French... Read More.

South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 billion

Tuesday, June 30 by SRN News

July 1 (Reuters) - Australia's South32 said on Wednesday it has agreed to sell most of its aluminium assets to Alcoa for an implied enterprise value of up to $5.6 billion, as the diversified miner moves to simplify its business. Under the deal, Alcoa will... Read More.

Exclusive-South Bow, Bridger to develop new oil pipeline from Wyoming to Cushing, Oklahoma

Tuesday, June 30 by SRN News

By Arathy Somasekhar and Amanda Stephenson HOUSTON, June 30 (Reuters) - Canada's South Bow and U.S.-based Bridger Pipeline plan to jointly develop a new oil pipeline from Guernsey, Wyoming, to Cushing, Oklahoma, the companies told Reuters on Tuesday. The project will be developed along a... Read More.

OpenAI film ‘Artificial,’ dropped by Amazon, finds a new home with Neon

Tuesday, June 30 by SRN News

NEW YORK (AP) - "Artificial," Luca Guadagnino's starry film about Sam Altman and OpenAI, has been acquired by the indie distributor Neon after it was dropped by Amazon MGM Studios. Neon said Tuesday that it bought the film following a bidding process. Amazon dropped... Read More.

Trump filing shows he took in about $1.2 billion from crypto businesses last year

Tuesday, June 30 by SRN News

NEW YORK (AP) - President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses. Mere startups when he took the oath of office, the... Read More.

Nike edges past quarterly revenue estimates despite persistent woes in China

Tuesday, June 30 by SRN News

By Juveria Tabassum and Danielle Kaye June 30 (Reuters) - Nike on Tuesday reported quarterly revenue that edged past estimates, as the world's largest sportswear company tries to draw back shoppers and reassure investors that its turnaround push is working. Sales continued to fall in China,... Read More.

Bloom Energy, Brookfield expand AI infrastructure power partnership to $25 billion

Tuesday, June 30 by SRN News

June 30 (Reuters) - Bloom Energy and Brookfield said on Tuesday they expanded their partnership to finance power projects for AI infrastructure, boosting their funding framework fivefold to $25 billion to accelerate the global deployment of fuel cells. Brookfield in October had agreed to invest... Read More.

Trading Day: Stocks cap weak month, stellar quarter

Tuesday, June 30 by SRN News

By Stephen Culp NEW YORK, June 30 (Reuters) - Tech stocks boosted Wall Street as investors prepared to close the book on a month of losses for the S&P 500 and the Nasdaq, but the strongest quarterly percentage gains for all three major U.S. stock... Read More.

Tesla Q2 deliveries expected to rebound as Europe sales recover

Tuesday, June 30 by SRN News

June 30 (Reuters) - Tesla is expected to report a 5% rise in vehicle deliveries on Thursday for the second quarter. The gain is likely to stem from higher demand in Europe, where a sharp jump in fuel prices has pushed consumers to choose battery-powered... Read More.

Current Weather

Exclusive-Energy drink and supplements company Nutrabolt picks banks for US IPO, sources say

KKR to buy EDF’s renewable power assets in US, Canada for $4.2 billion

South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 billion

Exclusive-South Bow, Bridger to develop new oil pipeline from Wyoming to Cushing, Oklahoma

OpenAI film ‘Artificial,’ dropped by Amazon, finds a new home with Neon

Trump filing shows he took in about $1.2 billion from crypto businesses last year

Nike edges past quarterly revenue estimates despite persistent woes in China

Bloom Energy, Brookfield expand AI infrastructure power partnership to $25 billion

Trading Day: Stocks cap weak month, stellar quarter

Tesla Q2 deliveries expected to rebound as Europe sales recover

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