Business

Airbus reports stable July deliveries, confirms China orders

Friday, August 7 by SRN News

PARIS, Aug 7 (Reuters) - Airbus needs to deliver an average of 90 jets a month between now and the rest of the year to meet its target after posting flat deliveries in July, company data showed on Friday. At its earnings results last week,... Read More.

S&P 500, Dow futures muted ahead of jobs data; chips, software stocks rise

Friday, August 7 by SRN News

Aug 7 (Reuters) - S&P 500 and Dow futures were little changed on Friday ahead of a key U.S. jobs report that could influence the interest-rate outlook, while Nasdaq futures rose as Microchip Technology and Atlassian's strong forecasts lifted chip and software shares. Wall Street's... Read More.

Norway’s sovereign fund opposes US plan to scrap company climate reporting

Friday, August 7 by SRN News

COPENHAGEN, Aug 7 (Reuters) - Norway's sovereign wealth fund, the world's largest, said on Friday it does not recommend the U.S. Securities and Exchange Commission (SEC) to outright scrap regulations that require companies to disclose their climate-related risks and spending. The SEC in late May... Read More.

A Russian retail giant’s warehouse burns after Ukraine’s latest long-range drone attack

Friday, August 7 by SRN News

Ukrainian long-range drones hit a warehouse in the Ural Mountains belonging to Russia's biggest online retailer, more than 2,000 kilometers (1,200 miles) from the two countries' border, local officials and the company said Friday. Ukraine has regularly hit targets in the distant Urals this year... Read More.

Inflation data to test record-setting US stocks, Fed rate views

Friday, August 7 by SRN News

By Lewis Krauskopf NEW YORK, Aug 7 (Reuters) - A sharp technology-led rally that has lifted the U.S. stock market to record peaks will be tested next week by fresh inflation data, which could build the case for the Federal Reserve to raise interest rates. The... Read More.

Global equity funds draw inflows for 11th week as upbeat earnings lift sentiment

Friday, August 7 by SRN News

Aug 7 (Reuters) - Global equity funds recorded inflows for an 11th consecutive week, as optimism about a strong earnings season and cooling crude oil prices boosted investors' appetite for risk assets. Investors poured a net $21.15 billion into global equity funds for the week... Read More.

SK Hynix to announce additional shareholder return measures in third quarter

Friday, August 7 by SRN News

SEOUL, Aug 7 (Reuters) - South Korea's SK Hynix said on Friday it was "actively reviewing" additional shareholder return measures to enhance shareholder value and expected to finalise and announce details in the third quarter, according to a regulatory filing. The company also said... Read More.

Daimler Truck to launch second €1.1 billion buyback tranche by mid-September

Friday, August 7 by SRN News

Aug 7 (Reuters) - Daimler Truck will launch the second up to €1.1 billion ($1.3 billion) tranche of its share buyback programme immediately after completing the first by mid-September, it said on Friday, after improving business conditions in the U.S. allowed it to raise... Read More.

Volkswagen must act now, controlling families say, as profit falls

Friday, August 7 by SRN News

BERLIN, Aug 7 (Reuters) - Volkswagen must act now to secure competitiveness, the German auto group's controlling families said on Thursday, in their clearest message yet to management amid a push to ramp up cost cuts and fend off Chinese rivals. "The Volkswagen Group is... Read More.

BOJ’s Masu among board members speaking before September policy meeting

Friday, August 7 by SRN News

TOKYO, Aug 7 (Reuters) - Bank of Japan board member Kazuyuki Masu will join other board members in delivering speeches before the central bank's next policy meeting September 17 to 18, which is widely expected to result in a rate hike. Masu will deliver a... Read More.

Current Weather

Airbus reports stable July deliveries, confirms China orders

S&P 500, Dow futures muted ahead of jobs data; chips, software stocks rise

Norway’s sovereign fund opposes US plan to scrap company climate reporting

A Russian retail giant’s warehouse burns after Ukraine’s latest long-range drone attack

Inflation data to test record-setting US stocks, Fed rate views

Global equity funds draw inflows for 11th week as upbeat earnings lift sentiment

SK Hynix to announce additional shareholder return measures in third quarter

Daimler Truck to launch second €1.1 billion buyback tranche by mid-September

Volkswagen must act now, controlling families say, as profit falls

BOJ’s Masu among board members speaking before September policy meeting

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