Business

Tyson Foods profit beats estimates on strength in chicken business

Monday, May 4 by SRN News

May 4 (Reuters) - Tyson Foods reported better-than-expected quarterly earnings on Monday, as rising chicken sales helped counter a sharp drop in demand for high-priced beef. Shares of the company, which houses brands such as Ball Park and Hillshire Farm, were up about 2% in... Read More.

Amazon opens up its logistics network to other businesses in new growth push

Monday, May 4 by SRN News

May 4 (Reuters) - Amazon.com is giving other businesses access to its supply chain network that has powered the e-commerce behemoth's operations for decades, pitting it directly against logistics heavyweights such as UPS and FedEx. The tech giant's "Amazon Supply Chain Services" will allow... Read More.

JetBlue, Frontier shares rise as Spirit shutdown makes room for growth

Monday, May 4 by SRN News

By Shivansh Tiwary May 4 (Reuters) - Shares of Frontier Airlines and JetBlue Airways rose in premarket trading on Monday, after rival Spirit Airlines shut shop, fueling hopes the carriers can capture market share, control prices, and absorb displaced passengers. JetBlue shares were up about... Read More.

A European lawmaker is sentenced in a fraud case involving Czech populist leader Andrej Babiš

Monday, May 4 by SRN News

PRAGUE (AP) - A Czech court on Monday convicted a former associate of populist Prime Minister Andrej Babiš of fraud and handed her a three-year suspended sentence and a fine. Babiš was also a defendant alongside Jana Nagyová in the $2 million fraud case... Read More.

Three-Circle seeks to raise up to $1 billion in Hong Kong listing, sources say

Monday, May 4 by SRN News

By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, May 4 (Reuters) - Chaozhou Three-Circle Group, a Chinese maker of small ceramic components used in phones, cars, data centres and telecom equipment, aims to raise up to $1 billion in a Hong Kong listing, two sources... Read More.

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026

Monday, May 4 by SRN News

May 4 (Reuters) - Barclays on Monday joined a growing list of brokerages to bet on no policy easing from the U.S. Federal Reserve this year, citing prolonged high energy prices linked to the Iran war that are likely to keep inflation elevated. The British... Read More.

SK Hynix shares rally 12% after US tech firms signal strong spending on AI data centers

Monday, May 4 by SRN News

SEOUL, May 4 (Reuters) - Shares of SK Hynix extended gains to 12% on Monday, driven by foreign buying, after big U.S. tech firms last week reported robust earnings and reaffirmed their investment plans for artificial intelligence data centers. SK Hynix outperformed bigger rival... Read More.

Opening the Strait, or maybe not

Monday, May 4 by SRN News

May 4 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. A new week and we're back to Strait watching. That's the Strait of Hormuz and everyone's a shipping expert these days. So President Trump surprised this morning... Read More.

Analysis-Kone’s new TK Elevator deal comes amid climate change on European champions

Monday, May 4 by SRN News

By Anne Kauranen, Elviira Luoma and Christoph Steitz HELSINKI/GDANSK/FRANKFURT, May 4 (Reuters) - Brussels' antitrust rules have already once helped derail an attempt to create the world's top lift maker, but Kone's proposed new tie-up with TK Elevator shows the Finnish group is banking on... Read More.

Australia, Japan strengthen critical minerals ties

Monday, May 4 by SRN News

MELBOURNE, May 4 (Reuters) - Australia and Japan have beefed up their cooperation around critical minerals amid a state visit by Japan's prime minister, with the countries providing A$1.67 billion ($1.20 billion) in support for the sector and flagging more to come. Australia and... Read More.

Current Weather

Tyson Foods profit beats estimates on strength in chicken business

Amazon opens up its logistics network to other businesses in new growth push

JetBlue, Frontier shares rise as Spirit shutdown makes room for growth

A European lawmaker is sentenced in a fraud case involving Czech populist leader Andrej Babiš

Three-Circle seeks to raise up to $1 billion in Hong Kong listing, sources say

Barclays becomes latest brokerage to bet on no Fed rate cuts in 2026

SK Hynix shares rally 12% after US tech firms signal strong spending on AI data centers

Opening the Strait, or maybe not

Analysis-Kone’s new TK Elevator deal comes amid climate change on European champions

Australia, Japan strengthen critical minerals ties

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