Business

Exclusive-Nestle to cut artificial colourings from all products by end-2026

Tuesday, June 30 by SRN News

By Richa Naidu VEVEY, Switzerland, June 30 (Reuters) - Nestle plans to remove artificial food colourings from all products worldwide by the end of 2026, a senior executive told Reuters on Tuesday, making it the first major food company to take such a step. The previously... Read More.

Wall St subdued at open on final trading day of strong quarter

Tuesday, June 30 by SRN News

June 30 (Reuters) - Wall Street's main indexes opened flat on Tuesday, the final trading day of a quarter that saw equities post the biggest gains in years. The Dow Jones Industrial Average fell 14.6 points, or 0.03%, at the open to 52,168.18. The S&P... Read More.

Cypriot natural gas could start flowing from ExxonMobil’s discoveries by 2033

Tuesday, June 30 by SRN News

NICOSIA, Cyprus (AP) - Natural gas could start flowing by 2033 out of two undersea deposits discovered by ExxonMobil off Cyprus, a senior executive with the company said Tuesday, helping to turn the east Mediterranean island nation into a new European energy hub. The largest... Read More.

Analysts dial down oil forecasts as Hormuz reopening eases supply concerns

Tuesday, June 30 by SRN News

By Anushree Mukherjee June 30 (Reuters) - Analysts have cut their 2026 oil price forecasts for the first time since the Iran war began, after five straight monthly increases, as the reopening of the Strait of Hormuz eases concerns over prolonged supply disruptions, a Reuters... Read More.

Volkswagen’s crisis in five charts

Tuesday, June 30 by SRN News

By Christoph Steitz and Alessandro Parodi FRANKFURT, June 30 (Reuters) - Volkswagen boss Oliver Blume is planning an historic overhaul of the carmaker to adapt to structural shifts in the global auto market, where rising Chinese rivals, tariffs and weak demand in Europe have upended... Read More.

Wall St set for subdued open on final trading day of strong quarter

Tuesday, June 30 by SRN News

By Niket Nishant and Avinash P June 30 (Reuters) - Wall Street's main indexes were on course for a muted open on the final trading day of a quarter that saw equities post the biggest gains in years. A slew of economic data, including the... Read More.

Kongsberg Gruppen signs $400 million order from Kuwait through Raytheon, US FMS

Tuesday, June 30 by SRN News

GDANSK, June 30 (Reuters) - Kongsberg Gruppen will provide its defense system to Kuwait in a deal with Raytheon under the U.S. Foreign Military Sales programme, the Norwegian technology company said on Tuesday. The contract for deliveries of Norwegian Advanced Surface-to-Air Missile System (NASAMS) is... Read More.

UK leaning towards intervening in $110 billion Paramount-Warner Bros Discovery deal

Tuesday, June 30 by SRN News

LONDON, June 30 (Reuters) - Britain is leaning towards intervening in Paramount Skydance Corp's proposed $110 billion takeover of Warner Bros Discovery, citing concerns over the impact on media freedom and the provision of on-demand programming. The move is the first step in a process... Read More.

Joby, Toyota announce joint venture for air taxi production

Tuesday, June 30 by SRN News

June 30 (Reuters) - Joby Aviation and Toyota Motor announced a joint venture on Tuesday to produce the air taxi maker's S4 series, as it looks to secure government approval to deploy its commercial electric vertical takeoff and landing aircraft. Air taxi firms such as... Read More.

Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managers

Tuesday, June 30 by SRN News

June 30 (Reuters) - Brokerage Oppenheimer downgraded major U.S. investment banks including Goldman Sachs and Morgan Stanley in an unusual move on Tuesday, saying current valuations leave limited room for further gains despite a favorable operating environment. Instead, it recommended investors sell large-cap investment banks... Read More.

Current Weather

Exclusive-Nestle to cut artificial colourings from all products by end-2026

Wall St subdued at open on final trading day of strong quarter

Cypriot natural gas could start flowing from ExxonMobil’s discoveries by 2033

Analysts dial down oil forecasts as Hormuz reopening eases supply concerns

Volkswagen’s crisis in five charts

Wall St set for subdued open on final trading day of strong quarter

Kongsberg Gruppen signs $400 million order from Kuwait through Raytheon, US FMS

UK leaning towards intervening in $110 billion Paramount-Warner Bros Discovery deal

Joby, Toyota announce joint venture for air taxi production

Oppenheimer makes rare cuts to top US investment banks, backs alternative asset managers

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