Business

Sudan was already at war and hungry. Now its farmers are hit by another conflict

Friday, May 8 by SRN News

OMDURMAN, Sudan (AP) - Two years after Sudan 's war forced him from his land, Omer al-Hassan returned to rebuild his farm. But now a new conflict in the Middle East threatens to push him deeper into financial loss and food insecurity as fuel... Read More.

Oil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April

Friday, May 8 by SRN News

SEOSAN, South Korea (AP) - A Malta-flagged tanker carrying 1 million barrels of crude oil arrived off South Korea's west coast Friday after passing through the Strait of Hormuz in mid-April, a South Korean refinery said. Like many other Asian nations, South Korea imports much... Read More.

Macquarie beats profit estimates on commodity boost, shares hit record high

Thursday, May 7 by SRN News

May 8 (Reuters) - Top Australian investment bank Macquarie reported its biggest annual profit in three years on Friday, beating market consensus, as its key commodity division benefited from a rise in client hedging activity amid heightened market volatility. Shares of the company jumped about... Read More.

US beef producers hope China access is on Trump-Xi summit menu

Thursday, May 7 by SRN News

By Ella Cao, Tom Polansek, Daphne Zhang and Lewis Jackson BEIJING/CHICAGO, May 8 (Reuters) - U.S. beef producers are hoping for a trade deal during the upcoming leaders' summit that could renew licenses to export to China, where they have been largely locked out since... Read More.

AWS says data center overheating in North Virginia disrupts services; Coinbase impacted

Thursday, May 7 by SRN News

May 7 (Reuters) - Amazon's cloud unit, Amazon Web Services, said on Thursday it was working to restore normal temperatures at a data center in North Virginia after overheating disrupted some services. The incident caused a power loss that affected certain hardware, AWS said, adding... Read More.

Oil jumps and stock futures slip on renewed US-Iran fighting

Thursday, May 7 by SRN News

SINGAPORE, May 8 (Reuters) - Oil rose and U.S. stock futures slipped in early trade on Friday, after the United States and Iran exchanged fire and put a month-long Middle East ceasefire in doubt. U.S. crude futures, which are lower for... Read More.

Japan real wages climb for third month in March, backing case for BOJ rate hike

Thursday, May 7 by SRN News

TOKYO, May 8 (Reuters) - Japan's real wages rose 1% in March from a year earlier, government data showed on Friday, in a third straight month of gains that bolster the case for the Bank of Japan to raise interest rates at its next... Read More.

Nvidia funds construction of Corning plants, in addition to equity investment

Thursday, May 7 by SRN News

By Stephen Nellis SAN FRANCISCO, May 7 (Reuters) - Nvidia has paid several billion dollars to help fund new factories for glassmaker Corning in addition to taking an equity stake of up to $3.2 billion disclosed earlier this week, the CEOs of the two companies... Read More.

Trading Day: Markets draw breath

Thursday, May 7 by SRN News

By Jamie McGeever ORLANDO, Florida, May 7 (Reuters) - U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed back earlier losses as doubts around a U.S.-Iran peace deal pushed... Read More.

New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy

Thursday, May 7 by SRN News

NEW YORK (AP) - People who buy luxurious second homes in New York City, but live most of the year elsewhere, would have to pay a new tax on the properties under a tentative agreement - an initiative to appease Mayor Zohran Mamdani and... Read More.

Current Weather

Sudan was already at war and hungry. Now its farmers are hit by another conflict

Oil tanker arrives in South Korea after passing through the Strait of Hormuz in mid-April

Macquarie beats profit estimates on commodity boost, shares hit record high

US beef producers hope China access is on Trump-Xi summit menu

AWS says data center overheating in North Virginia disrupts services; Coinbase impacted

Oil jumps and stock futures slip on renewed US-Iran fighting

Japan real wages climb for third month in March, backing case for BOJ rate hike

Nvidia funds construction of Corning plants, in addition to equity investment

Trading Day: Markets draw breath

New York to tax luxury second homes in NYC but stops short of hiking income taxes on the wealthy

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