Business

Berkshire invests in Delta, sheds several stocks including Amazon, UnitedHealth

Friday, May 15 by SRN News

May 15 (Reuters) - Berkshire Hathaway on Friday disclosed a new $2.65 billion investment in Delta Air Lines and a small stake in Macy's, and said it sold many of its smaller stock holdings including in Amazon.com and UnitedHealth Group. The changes are part of... Read More.

FIFA finally seals World Cup broadcast deal in China at just $60M

Friday, May 15 by SRN News

GENEVA (AP) - FIFA finally sealed a World Cup broadcast rights deal for China on Friday, just 27 days before the opening game and at a much lower reported price than the soccer body wanted. The overall agreement with China Media Group covered the next... Read More.

US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies

Friday, May 15 by SRN News

By Marcelo Teixeira NEW YORK, May 15 (Reuters) - The United States and Brazil, the two largest producers of ethanol, are looking at a jump in exports of the biofuel this year due to movements by several consuming countries to increase their sources of fuels... Read More.

Markets begin eyeing a Fed rate hike around the turn of the year

Friday, May 15 by SRN News

May 15 (Reuters) - After a run of hotter-than-expected inflation data this week, investors on Friday ramped up bets that the U.S. Federal Reserve will shift into interest-rate hiking mode perhaps before the year is out, presenting a potential policy dilemma out of the... Read More.

Exclusive-Blackstone, CD&R explore bids for Ben & Jerry’s owner Magnum, sources say

Friday, May 15 by SRN News

By Amy-Jo Crowley and Richa Naidu LONDON, May 15 (Reuters) - Blackstone and CD&R are among private equity firms in the early stages of exploring bids for Magnum Ice Cream Company, two sources familiar with the matter told Reuters, less than six months after the... Read More.

UK media regulator says X promises to crack down on terrorist and hate content

Friday, May 15 by SRN News

LONDON (AP) - Elon Musk's social media platform X has pledged to crack down on hate and terrorist content in Britain, the country's media regulator said Friday. Ofcom said X's public commitments include restricting access in the U.K. to accounts operated by or on... Read More.

Less is more: Marc Jacobs sale shows LVMH cutting complexity as downturn drags on

Friday, May 15 by SRN News

By Tassilo Hummel and Lisa Jucca PARIS/MILAN, May 15 (Reuters) - LVMH's sale of fashion label Marc Jacobs caps a years-long search for a buyer and underscores the pressure on the world's largest luxury group to trim its sprawling portfolio as a prolonged downturn tests... Read More.

Chinese automakers gain ground in South Africa as competitive pricing spurs demand

Friday, May 15 by SRN News

By Nqobile Dludla JOHANNESBURG, May 15 (Reuters) - Chinese automakers expanded their share of the South African passenger car market to 16.8% in 2025 from 11.2% a year earlier, industry data showed on Friday, as competitively priced, technology-rich sport utility vehicles and long warranties reshaped... Read More.

Wall St drop at open as yields jump on inflation worries

Friday, May 15 by SRN News

May 15 (Reuters) - Wall Street indexes opened sharply lower on Friday, as inflation fears triggered by the Middle East conflict drove up Treasury yields and threatened to halt an AI-fueled rally. The Dow Jones Industrial Average fell 133.2 points, or 0.27%, at the open... Read More.

Global equity funds draw eighth weekly inflow as AI rally lifts tech

Friday, May 15 by SRN News

May 15 (Reuters) - Global equity funds attracted inflows for an eighth straight week through May 13 as investors chased the AI-driven rally in technology stocks on optimism over strong chipmaker earnings and shrugged off inflation concerns. They bought a net $39.15 billion of global... Read More.

Current Weather

Berkshire invests in Delta, sheds several stocks including Amazon, UnitedHealth

FIFA finally seals World Cup broadcast deal in China at just $60M

US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies

Markets begin eyeing a Fed rate hike around the turn of the year

Exclusive-Blackstone, CD&R explore bids for Ben & Jerry’s owner Magnum, sources say

UK media regulator says X promises to crack down on terrorist and hate content

Less is more: Marc Jacobs sale shows LVMH cutting complexity as downturn drags on

Chinese automakers gain ground in South Africa as competitive pricing spurs demand

Wall St drop at open as yields jump on inflation worries

Global equity funds draw eighth weekly inflow as AI rally lifts tech

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