Business

Volvo Cars’ February-April sales volume down 10% year-on-year

Tuesday, May 5 by SRN News

COPENHAGEN, May 5 (Reuters) - Sweden-based Volvo Cars sold 162,864 cars in the three months through April, down 10% from the same period a year earlier, it said on Tuesday. • China sales remained weak amid competitive and macro pressures, while U.S. deliveries continued to... Read More.

Weight-loss drugs fuel protein-rich whey craving

Tuesday, May 5 by SRN News

By Alexander Marrow LONDON, May 5 (Reuters) - Global dairy companies and food producers are investing heavily to meet soaring demand for protein-rich whey, driven by a surge in the use of weight-loss drugs and healthier eating trends. Whey, a by-product of cheese-making which is traditionally... Read More.

Meta picks Morgan Stanley, JPMorgan for El Paso data center financing, source says

Tuesday, May 5 by SRN News

May 4 (Reuters) - Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a roughly $13 billion financing package for a data center in El Paso, Texas, a source familiar with the matter told Reuters on Monday. Bloomberg News, which first reported... Read More.

Berkshire taps Charlie Shamieh to succeed Ajit Jain as insurance chief, WSJ reports

Monday, May 4 by SRN News

May 4 (Reuters) - Berkshire Hathaway has selected Gen Re Chairman Charlie Shamieh as successor to longtime insurance leader Ajit Jain, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shamieh, a veteran of the insurance industry, is set to take... Read More.

Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Monday, May 4 by SRN News

By Anushree Mukherjee May 5 (Reuters) - Oil prices eased on Tuesday after climbing by as much as 6% in the previous session on signs the U.S. Navy is loosening Iran's closure of the key Strait of Hormuz waterway, potentially opening up supply from the... Read More.

Venezuela’s inflation rate eases to 10.6% in April, cenbank says

Monday, May 4 by SRN News

May 4 (Reuters) - Venezuela's inflation rate eased to 10.6% in April from 13.1% in March, the country's central bank said on Monday. The inflation rate so far in 2026 has reached 90%, the bank said on its website, while according to Reuters calculations... Read More.

Yen steady, dollar firms on Middle East war fears

Monday, May 4 by SRN News

By Ankur Banerjee SINGAPORE, May 5 (Reuters) - The yen was steady on Tuesday amid lingering market nerves after suspected intervention by Tokyo last week sparked sharp gains in recent sessions, while the U.S. dollar firmed on safe-haven demand as the Middle East war weighed... Read More.

Shares slide, oil prices elevated as US-Iran truce prospects dim

Monday, May 4 by SRN News

By Rae Wee SINGAPORE, May 5 (Reuters) - Stocks in Asia slid on Tuesday while oil prices eased but remained well above $100 a barrel, as the U.S. and Iran continue to work towards a truce while at the same time trading blows over the... Read More.

Southwest weighs hiring Spirit Airlines mechanics ahead of Boeing MAX 7 arrival

Monday, May 4 by SRN News

By Allison Lampert May 4 (Reuters) - Southwest Airlines has expressed interest in hiring some aircraft mechanics from now-defunct Spirit Airlines, a union official said on Monday, as the U.S. low-cost carrier prepares to take Boeing's new 737 MAX 7 jet early next year. The U.S.... Read More.

Intel appoints Qualcomm executive to lead PC and physical AI business

Monday, May 4 by SRN News

May 4 (Reuters) - Intel said on Monday it had appointed Alex Katouzian to lead the company's PC and physical artificial intelligence unit. The new role for Katouzian includes the company's crucial PC business, which has been one of the mainstays of Intel's... Read More.

Current Weather

Volvo Cars’ February-April sales volume down 10% year-on-year

Weight-loss drugs fuel protein-rich whey craving

Meta picks Morgan Stanley, JPMorgan for El Paso data center financing, source says

Berkshire taps Charlie Shamieh to succeed Ajit Jain as insurance chief, WSJ reports

Oil eases on signs US is loosening Iranian closure of Strait of Hormuz

Venezuela’s inflation rate eases to 10.6% in April, cenbank says

Yen steady, dollar firms on Middle East war fears

Shares slide, oil prices elevated as US-Iran truce prospects dim

Southwest weighs hiring Spirit Airlines mechanics ahead of Boeing MAX 7 arrival

Intel appoints Qualcomm executive to lead PC and physical AI business

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