Business

‘Business as usual’: Fakes, piracy thrive in Vietnam as US tariff deadline nears

Wednesday, May 27 by SRN News

By Khanh Vu and Francesco Guarascio HANOI, May 27 (Reuters) - At a sprawling bazaar on the outskirts of Vietnam's capital, the trade in counterfeit goods is bustling despite government crackdowns and the threat of U.S. tariffs over the issue, two visits by Reuters journalists... Read More.

US antitrust regulators poised to approve Paramount’s takeover of Warner Bros, Semafor reports

Wednesday, May 27 by SRN News

May 26 (Reuters) - U.S. antitrust regulators appear ready to approve Paramount's $110 billion takeover of Warner Bros. Discovery, after a two-hour meeting at the Justice Department, Semafor reported on Tuesday, citing people familiar with the matter. At the meeting, Paramount CEO David Ellison... Read More.

Morning Bid: Markets cheer, central banks warn

Wednesday, May 27 by SRN News

A look at the day ahead in European and global markets from Rocky Swift While markets appear to be looking past the Middle East crisis and the havoc it has wreaked on energy supplies, central bankers are signalling that the inflationary damage is already done. Share... Read More.

Analysis-Europe’s push to break Big Tech’s grip tempered by internal debate

Wednesday, May 27 by SRN News

By Foo Yun Chee BRUSSELS, May 27 (Reuters) - European leaders are divided on how far to go in curbing Big Tech as they weigh momentous decisions over giving EU firms preferential access to mobile satellite spectrum and limiting large multinationals' access to EU cloud... Read More.

Asian shares are mostly higher, tracking Wall Street’s fresh records, and oil prices fall

Wednesday, May 27 by SRN News

Asian shares were mostly higher on Wednesday and oil prices fell after the U.S. stock market rose to more records. South Korea's Kospi jumped nearly 5% and Taiwan's benchmark also surged as the boom in artificial intelligence drove heavy buying of computer chipmakers and... Read More.

Renewable energy is overtaking traditional power projects across Africa, industry leaders say

Wednesday, May 27 by SRN News

NAIROBI, Kenya (AP) - Africa's next generation of power projects is increasingly being built around solar and wind power and battery storage, as governments and investors shift away from coal and large hydropower dams in search of cheaper, faster and more reliable electricity. The shift... Read More.

Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook

Tuesday, May 26 by SRN News

May 26 (Reuters) - Goldman Sachs on Tuesday raised its year-end 2026 target for the S&P 500 index to 8,000, up from 7,600, citing stronger earnings expectations following an exceptionally robust first-quarter reporting season. The brokerage said continued earnings growth should support further upside for... Read More.

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom

Tuesday, May 26 by SRN News

By Jihoon Lee and Yena Park SEOUL, May 27 (Reuters) - SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally. Shares of SK... Read More.

BlackRock sees merit in large scale mining M&A

Tuesday, May 26 by SRN News

PERTH, May 27 (Reuters) - BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it easier to bring on large and complex projects needed for new supply, a said on Wednesday.... Read More.

Oil pulls back as traders look for progress on US-Iran talks

Tuesday, May 26 by SRN News

By Colleen Howe BEIJING, May 27 (Reuters) - Oil prices pulled back from recent highs on Wednesday, erasing some of the previous day's 4% gain as traders sought clarity on complex negotiations between Iran and the U.S. after renewed hostilities set back efforts to reopen... Read More.

Current Weather

‘Business as usual’: Fakes, piracy thrive in Vietnam as US tariff deadline nears

US antitrust regulators poised to approve Paramount’s takeover of Warner Bros, Semafor reports

Morning Bid: Markets cheer, central banks warn

Analysis-Europe’s push to break Big Tech’s grip tempered by internal debate

Asian shares are mostly higher, tracking Wall Street’s fresh records, and oil prices fall

Renewable energy is overtaking traditional power projects across Africa, industry leaders say

Goldman Sachs lifts S&P 500 year-end target to 8,000 on strong earnings outlook

SK Hynix joins $1 trillion club after Samsung, Micron on AI chip boom

BlackRock sees merit in large scale mining M&A

Oil pulls back as traders look for progress on US-Iran talks

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