Business

Yen edges up as traders push back Fed rate hike bets

Sunday, August 16 by SRN News

By Gregor Stuart Hunter SINGAPORE, Aug 17 (Reuters) - The yen crept higher against the dollar, largely shrugging off weaker-than-expected Japanese GDP data as traders postponed expectations of a rate hike from the Federal Reserve this year. The yen was 0.2% stronger against the U.S. dollar... Read More.

Shipping slows through Strait of Hormuz after tanker attacks, data shows

Sunday, August 16 by SRN News

By Florence Tan SINGAPORE, Aug 17 (Reuters) - Shipping through the Strait of Hormuz slowed over the weekend, data showed on Monday, following attacks on tankers, while U.S.-Iran talks to resolve the Middle East conflict stalled. Five commodity vessels transited the strait on Saturday, with none... Read More.

New Zealand’s a2 Milk full-year profit falls 44% on weaker China-label IMF sales

Sunday, August 16 by SRN News

Aug 17 (Reuters) - New Zealand's a2 Milk reported a 44% drop in its full-year profit on Monday as customers switched to other brands after supply chain disruptions left its key China-label infant milk formula (IMF) product out of stock. Revenue from China-label IMF sales... Read More.

India opens tax amnesty scheme for small taxpayers with undisclosed foreign assets

Sunday, August 16 by SRN News

NEW DELHI, Aug 16 (Reuters) - India's tax amnesty scheme for small taxpayers to declare certain undeclared foreign assets of up to 50 million rupees ($523,889) opens on Sunday and will be available until December 31, the government said. Here... Read More.

Analysis-Europe’s heatwaves expose insurance gap as business losses mount

Sunday, August 16 by SRN News

By Simon Jessop, Rebecca Delaney and Valentina Za LONDON/MILAN, Aug 16 (Reuters) - For more than a century, cafes in the Italian city of Padua have welcomed customers for an early evening drink, or aperitivo, encouraging them to sit outside and socialise before dinner. As Europe... Read More.

Avocado pickers in Mexico welcome restart of exports to US, but security fears remain

Sunday, August 16 by SRN News

SANTA ANA ZIROSTO, Mexico (AP) - It didn't take long for Mexican avocado picker Francisco Isidro to get back to work after authorities announced the lifting of a U.S. security alert that temporarily halted avocado exports. Back on the job the morning after the... Read More.

German companies cut US investment to three-year low, data show

Sunday, August 16 by SRN News

By Rene Wagner BERLIN, Aug 16 (Reuters) - German companies slashed investments in the United States to a three-year low in the first half of 2026, as Trump administration policies fed uncertainty between the transatlantic trading partners. First-half direct investments plunged by nearly two-thirds year-on-year to... Read More.

Billionaire Peter Thiel buys 1% stake in Argentine Vaca Muerta oil firm, filing shows

Saturday, August 15 by SRN News

BUENOS AIRES, Aug 15 (Reuters) - Palantir chair and co-founder Peter Thiel has bought a 1% stake in Argentina's Vista, one of the largest oil companies operating in the country's Vaca Muerta shale formation, according to a U.S. Securities and Exchange Commission filing. The filing,... Read More.

BUSINESS HEADLINES

Saturday, August 15 by SRN News

Berkshire Hathaway boosted stake in Alphabet, homebuilders in the second quarter Berkshire Hathaway is increasing its stake in Google's parent company, Alphabet. It is also boosting its holdings in homebuilders. The company also continued to pare its stake in financial companies and a number of... Read More.

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

Saturday, August 15 by SRN News

Aug 15 (Reuters) - Nvidia is in talks to invest as much as $3 billion in SB Energy, a subsidiary of SoftBank Group and developer of a massive planned Ohio data center project for OpenAI, the Information reported on Saturday, citing people familiar with... Read More.

Current Weather

Yen edges up as traders push back Fed rate hike bets

Shipping slows through Strait of Hormuz after tanker attacks, data shows

New Zealand’s a2 Milk full-year profit falls 44% on weaker China-label IMF sales

India opens tax amnesty scheme for small taxpayers with undisclosed foreign assets

Analysis-Europe’s heatwaves expose insurance gap as business losses mount

Avocado pickers in Mexico welcome restart of exports to US, but security fears remain

German companies cut US investment to three-year low, data show

Billionaire Peter Thiel buys 1% stake in Argentine Vaca Muerta oil firm, filing shows

BUSINESS HEADLINES

Nvidia in talks to invest $3 billion in SB Energy as part of OpenAI data center deal, the Information reports

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