Business

Oil climbs as fading US-Iran peace hopes raise supply risks

Monday, August 17 by SRN News

By Ishaan Arora Aug 18 (Reuters) - Oil prices rose on Tuesday as a deal to end the Middle East war seemed further out of sight with Iran saying it will adopt a more offensive stance and the U.S. ruling out extending a ceasefire agreement,... Read More.

Australia’s EQT Holdings gets $468 million takeover proposal from TPG Global

Monday, August 17 by SRN News

Aug 18 (Reuters) - Australian investment manager EQT Holdings said on Tuesday it had received a takeover proposal from U.S.-based brokerage firm TPG Global, LLC, valuing the company at A$657.8 million ($467.63 million). Here are more details: • The bid is at an indicative price of... Read More.

Dollar feeble as rate hike bets dwindle, Iran war worries grow

Monday, August 17 by SRN News

By Ankur Banerjee SINGAPORE, Aug 18 (Reuters) - The U.S. dollar held near multi-month lows against most major currencies on Tuesday as traders walked back expectations of near-term monetary tightening, although the imminent threat of an escalation in the Middle East war left sentiment fragile.... Read More.

Oil prices climb, bond yields rise as US-Iran ceasefire expires

Monday, August 17 by SRN News

By Gregor Stuart Hunter SINGAPORE, Aug 18 (Reuters) - Oil prices crept higher and bond yields rose, blunting paltry gains for stocks at the start of Asian trading on Tuesday as a U.S.-Iran truce expired and Tehran said it would shift to a "fully offensive"... Read More.

Asia shares decline as worries about rising oil prices outweigh perks from strong earnings

Monday, August 17 by SRN News

TOKYO (AP) - Asian shares declined in early Tuesday trading, as rising oil prices and worries about inflation worked as a dampener on some markets, countering the optimism that had come from robust corporate earnings reports. Japan's benchmark Nikkei 225 dipped 1.6% to 68,098.54.... Read More.

Shakira makes surprise visit in earthquake-damaged Colombia and commits to building new schools

Monday, August 17 by SRN News

BOGOTÁ, Colombia (AP) - Colombian superstar Shakira committed Monday to help build at least 10 new schools in a remote and hard-hit region of her home country after it suffered a devastating earthquake last week that killed hundreds and affected thousands of educational sites... Read More.

Lula calls oil near the Amazon River a passport to Brazil’s future after Petrobras strikes new find

Monday, August 17 by SRN News

SAO PAULO (AP) - Brazil's President Luiz Inácio Lula da Silva said on Monday that oil drilling in northern and northeastern coastal regions could be "a passport to the country's future" after visiting a Petrobras offshore drilling vessel following a find announced last week... Read More.

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

Monday, August 17 by SRN News

By David Shepardson, Nora Eckert and Kalea Hall Aug 17 (Reuters) - U.S. and Canadian trade negotiators were haggling over a potential reduction in President Donald Trump's tariffs on Canadian vehicles to 15% after some value content deductions, three sources familiar with the talks said... Read More.

Cargill workers vote to end dispute at US beef plant idled since April

Monday, August 17 by SRN News

By Tom Polansek CHICAGO, Aug 17 (Reuters) - Cargill plans to resume beef production at a plant in Fort Morgan, Colorado, in September after unionized workers voted to end a labor dispute that halted cattle slaughtering since April, the company said on Monday. The U.S. beef... Read More.

Paramount seeks $1.88 billion bond from state AGs over merger lawsuit

Monday, August 17 by SRN News

By David Shepardson WASHINGTON, Aug 17 (Reuters) - Paramount Skydance on Monday asked a U.S. judge to require a dozen states challenging its acquisition of Warner Bros Discovery to post a $1.88 billion bond to address the costs of delay in completing a tie-up. The company... Read More.

Current Weather

Oil climbs as fading US-Iran peace hopes raise supply risks

Australia’s EQT Holdings gets $468 million takeover proposal from TPG Global

Dollar feeble as rate hike bets dwindle, Iran war worries grow

Oil prices climb, bond yields rise as US-Iran ceasefire expires

Asia shares decline as worries about rising oil prices outweigh perks from strong earnings

Shakira makes surprise visit in earthquake-damaged Colombia and commits to building new schools

Lula calls oil near the Amazon River a passport to Brazil’s future after Petrobras strikes new find

US, Canada try to bridge gaps over potential autos tariff cuts, sources say

Cargill workers vote to end dispute at US beef plant idled since April

Paramount seeks $1.88 billion bond from state AGs over merger lawsuit

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