Business

US Treasury intervenes to support yen after Japan steps in, FT reports

Friday, July 31 by SRN News

By Fabiola Arámburo and David Lawder July 31 (Reuters) - The U.S. Treasury stepped into the currency market on Friday to back the battered yen, the Financial Times reported, marking Washington's first intervention along with Tokyo to support Japan's currency in more than a decade... Read More.

Exclusive-Bessent’s ‘to do’ list: buy $5-10 billion worth of Japanese yen, Reuters photo shows

Friday, July 31 by SRN News

By Daniel Heuer and David Lawder CAMP DAVID, Maryland, July 31 (Reuters) - U.S. Treasury Secretary Scott Bessent on Friday exposed a "to-do" list during President Donald Trump's cabinet meeting indicating he was contemplating U.S. purchases of $5 billion to $10 billion worth of... Read More.

KKR nearing deal to buy medical device firm Integer, WSJ reports

Friday, July 31 by SRN News

July 31 (Reuters) - Private equity firm KKR is nearing a takeover of medical device outsourcing company Integer Holdings, the Wall Street Journal reported on Friday, citing people familiar with the matter. Shares of the Plano, Texas-based firm closed more than 20% higher. The offer of... Read More.

WestJet starts parking Boeing 737 jets ahead of looming labor strike

Friday, July 31 by SRN News

July 31 (Reuters) - Canada's WestJet said on Friday it has begun parking Boeing 737 planes as negotiations with flight attendants have not resulted in an agreement, which could lead to labor disruptions. Cabin crew at the Calgary-based carrier, owned by Onex Corp, could strike... Read More.

Serbia secures US sanctions waiver for its Russian-owned NIS oil firm, energy minister says

Friday, July 31 by SRN News

BELGRADE, July 31 (Reuters) - hold Serbia secured another sanctions waiver from the United States for its Russian-owned oil company NIS, energy minister Dubravka Djedovic Handanovic said on Friday, allowing the firm that supplies most of the country's fuel demand to continue importing crude oil... Read More.

US Commodity Futures Trading Commission fines George Santos for alleged manipulative trading

Friday, July 31 by SRN News

WASHINGTON, July 31 (Reuters) - The top U.S. derivatives regulator on Friday said it had ordered disgraced former Republican Congressman George Santos to pay $35,000 for alleged manipulative trading. Santos, who was expelled from the House of Representatives in 2023, made nearly $18,000 by trading... Read More.

US bars imports from 43 more companies over China’s alleged forced labor involving Uyghurs

Friday, July 31 by SRN News

By Karen Freifeld WASHINGTON, July 31 (Reuters) - The United States on Friday banned imports from 43 more companies over alleged human rights abuses of Uyghur and other minority groups, including Hunan Aihua Group, one of China's largest capacitor manufacturers, according to a government posting. The... Read More.

Warsh raised changing frequency of Fed policy meetings, NYT reports

Friday, July 31 by SRN News

WASHINGTON, July 31 (Reuters) - Federal Reserve Chair Kevin Warsh this week raised the idea of reducing the number of the Fed's regularly scheduled meetings where it sets interest rates, the New York Times reported on Friday. (Reporting by Ismail Shakil and Daphne Psaledakis) Brought... Read More.

Nuclear firm Westinghouse confidentially files for US IPO

Friday, July 31 by SRN News

By Arasu Kannagi Basil July 31 (Reuters) - Westinghouse Electric Company, one of the most storied names in the American power industry, has confidentially filed for a U.S. initial public offering, it said on Friday, joining a wave of nuclear companies looking to tap capital... Read More.

Current Weather

US Treasury intervenes to support yen after Japan steps in, FT reports

KKR nearing deal to buy medical device firm Integer, WSJ reports

WestJet starts parking Boeing 737 jets ahead of looming labor strike

Serbia secures US sanctions waiver for its Russian-owned NIS oil firm, energy minister says

US Commodity Futures Trading Commission fines George Santos for alleged manipulative trading

US bars imports from 43 more companies over China’s alleged forced labor involving Uyghurs

Warsh raised changing frequency of Fed policy meetings, NYT reports

Nuclear firm Westinghouse confidentially files for US IPO

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