Business

Oil slips to 2-week low as US-Iran seen moving closer to peace deal

Sunday, May 24 by SRN News

By Florence Tan SINGAPORE, May 25 (Reuters) - Oil prices hit two-week lows on Monday on optimism that the U.S. and Iran were moving closer towards a peace deal even though they remained at odds over key issues, including blockades on the Strait of Hormuz... Read More.

Uber weighs higher bid for Delivery Hero, FT reports

Sunday, May 24 by SRN News

May 24 (Reuters) - Uber's board met on Saturday to discuss raising its offer for Delivery Hero after a major shareholder rebuffed Uber's bid that would value the German food delivery group at over 11.5 billion euros ($13.39 billion), the Financial Times reported on... Read More.

Authorities investigate safety lapses after China coal mine blast kills at least 82

Sunday, May 24 by SRN News

QINYUAN, China (AP) - Authorities in northern China were investigating a coal mine operator with a focus on safety lapses, as rescuers searched for those missing in the country's deadliest coal mine explosion in recent years that killed at least 82 people. An Associated... Read More.

Analysis-US Treasury rout tests Washington’s tolerance for higher borrowing costs

Sunday, May 24 by SRN News

By Gertrude Chavez-Dreyfuss and Nandita Bose NEW YORK/WASHINGTON, May 24 (Reuters) - President Donald Trump's room to wage war while maneuvering on economic policy is being tested by a force largely beyond his control: the bond market. Trump says Washington and Iran have been making... Read More.

Thousands in Spain’s capital protest increasing housing costs

Sunday, May 24 by SRN News

MADRID (AP) - Thousands of people rallied in central Madrid on Sunday against spiraling housing costs that have priced many Spaniards out of the housing market despite a recent economic boom, particularly in cities such as the capital and Barcelona. Spain's housing crisis is... Read More.

Nissan unit scraps plan to make EV powertrains in UK, Nikkei says

Sunday, May 24 by SRN News

TOKYO, May 24 (Reuters) - Nissan Motor subsidiary JATCO has scrapped its plan to make electric vehicle (EV) powertrains in Sunderland, Britain, in light of sluggish demand for Nissan's EVs in Europe, the Nikkei business daily reported on Sunday. In January 2025, JATCO announced... Read More.

The Media Line: Iran Deal ‘Largely Negotiated,’ President Trump Says; Senior Republicans Voice Alarm

Saturday, May 23 by SRN News

Iran Deal 'Largely Negotiated,' President Trump Says; Senior Republicans Voice Alarm By The Media Line Staff President Donald Trump said Saturday that an agreement involving the United States, Iran, and several regional countries had been "largely negotiated." However,... Read More.

Trump says negotiators are getting closer to Iran deal, media interviews show

Saturday, May 23 by SRN News

WASHINGTON, May 23 (Reuters) - President Donald Trump said on Saturday that negotiators for the United States and Iran were "getting a lot closer" to finalizing an agreement to end the war, according to an interview with CBS News. He said a final agreement would... Read More.

Delivery Hero confirms takeover offer from Uber

Saturday, May 23 by SRN News

May 23 (Reuters) - German food delivery service Delivery Hero confirmed it had received a takeover offer from rival Uber valuing the company at 33 euros ($38.29) per share, it said in a statement on Saturday. The offer represents a discount of about 1.76%... Read More.

Uber and DoorDash sound out investors for Delivery Hero bid, FT reports

Saturday, May 23 by SRN News

May 23 (Reuters) - Uber and DoorDash have held exploratory talks with investors in rival Delivery Hero ahead of a possible takeover bid, the Financial Times reported on Saturday. Multiple investors have indicated they would seek a price above 40 euros ($46.41) per share... Read More.

Current Weather

Oil slips to 2-week low as US-Iran seen moving closer to peace deal

Uber weighs higher bid for Delivery Hero, FT reports

Authorities investigate safety lapses after China coal mine blast kills at least 82

Analysis-US Treasury rout tests Washington’s tolerance for higher borrowing costs

Thousands in Spain’s capital protest increasing housing costs

Nissan unit scraps plan to make EV powertrains in UK, Nikkei says

The Media Line: Iran Deal ‘Largely Negotiated,’ President Trump Says; Senior Republicans Voice Alarm

Trump says negotiators are getting closer to Iran deal, media interviews show

Delivery Hero confirms takeover offer from Uber

Uber and DoorDash sound out investors for Delivery Hero bid, FT reports

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