Business

Big Amazon cloud services recovering after outage hits thousands of users

Tuesday, June 13 by SRN News

By Samrhitha A and Chavi Mehta (Reuters) -Amazon.com said cloud services offered by its unit Amazon Web Services (AWS) were recovering after a big disruption on Tuesday affected websites of the New York Metropolitan Transportation Authority and the Boston Globe among others. Several hours after Downdetector.com... Read More.

Binance has not sold either bitcoin or binance coin, CEO says

Tuesday, June 13 by SRN News

(Reuters) – Cryptocurrency exchange Binance has not sold either bitcoin or its native crypto binance coin, the company’s CEO Changpeng Zhao tweeted on Tuesday. (Reporting by Niket Nishant in Bengaluru; Editing by Krishna Chandra Eluri) Brought to you by

Dollar skids to three-week low as US inflation data reinforces Fed pause view

Tuesday, June 13 by SRN News

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation last month in more than two years, cementing expectations that the Federal Reserve will pause interest... Read More.

Macquarie picks up majority stake in Coastal Waste & Recycling

Tuesday, June 13 by SRN News

By Chibuike Oguh NEW YORK (Reuters) – The asset management arm of Australian bank Macquarie Group Limited has bought a majority stake in waste management firm Coastal Waste & Recycling, the bank said on Tuesday. The terms of the deal were... Read More.

Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS

Tuesday, June 13 by SRN News

(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia, he told the TASS news agency, shedding new light on one of the many corporate exits from Russia over its... Read More.

US stocks end higher as inflation data cements bets on rate hike pause

Tuesday, June 13 by SRN News

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq reached their highest closes in 14 months on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not... Read More.

Stocks rally on inflation data; S&P 500, Nasdaq hit 14-month highs

Tuesday, June 13 by SRN News

(Reuters) – The S&P 500 and Nasdaq climbed to 14-month highs on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not raise interest rates at the end of its policy meeting on Wednesday. Stocks rose after... Read More.

Brazil airline Azul ready to raise capital after debt deals – CEO

Tuesday, June 13 by SRN News

By Gabriel Araujo SAO PAULO (Reuters) – Brazilian airline Azul is ready to raise additional capital, its chief executive said in an interview, after reaching deals with lessors and bondholders to postpone debts maturing in the near term under a broad... Read More.

Exclusive-Canada bank regulator says lenders should urgently tackle risks from mortgage extensions

Tuesday, June 13 by SRN News

By Nivedita Balu TORONTO (Reuters) -Canada’s financial regulator is urging lenders to tackle risks from mortgage extensions at the “earliest opportunity” as many borrowers try to navigate higher mortgage costs after the Bank of Canada’s surprise rate hike last week. The Office of the Superintendent of... Read More.

U.S. stocks rally as inflation data cements bets on rate hike pause

Tuesday, June 13 by SRN News

By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 and Nasdaq climbed to 14-month highs on Tuesday after data showed consumer prices rose modestly in May, boosting bets that the Federal Reserve will not raise interest rates... Read More.

Current Weather

Binance has not sold either bitcoin or binance coin, CEO says

Dollar skids to three-week low as US inflation data reinforces Fed pause view

Macquarie picks up majority stake in Coastal Waste & Recycling

Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS

US stocks end higher as inflation data cements bets on rate hike pause

Stocks rally on inflation data; S&P 500, Nasdaq hit 14-month highs

Brazil airline Azul ready to raise capital after debt deals – CEO

Exclusive-Canada bank regulator says lenders should urgently tackle risks from mortgage extensions

U.S. stocks rally as inflation data cements bets on rate hike pause

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