Business

Brazil probe shows severe icing contributed to 2024 plane crash that killed 62

Thursday, July 23 by SRN News

SAO PAULO (AP) - Brazilian air force investigators on Thursday published their findings about the 2024 Voepass airplane accident that killed 62 people after it spiraled into a crash outside metropolis Sao Paulo. The probe confirmed that a combination of severe icing conditions, as well... Read More.

US warns against excessive yen volatility, calls for BOJ rate hikes

Thursday, July 23 by SRN News

By Leika Kihara TOKYO, July 24 (Reuters) - The U.S. Treasury Department said yen weakness has persisted despite the narrowing of U.S.-Japan interest rate differentials, warning excess volatility in the currency was undesirable. The Treasury also called for further interest rate hikes by the Bank of... Read More.

Brazil says US tariffs related to forced labor are ‘arbitrary’ and ‘unjustified’

Thursday, July 23 by SRN News

BRASILIA/SAO PAULO, July 23 (Reuters) - The Brazilian government on Thursday rejected the tariffs imposed by the United States on the South American nation and another 59 trading partners related to forced labor, calling the move "arbitrary" and "unjustified." "Lacking a legal basis under domestic... Read More.

Mexico to see no change from new US tariffs, economy minister says

Thursday, July 23 by SRN News

MEXICO CITY, July 23 (Reuters) - Mexico's Economy Minister Marcelo Ebrard said on Thursday that the country will "see no change in the effective tariff that Mexico pays," after the U.S. government announced it would impose new tariffs of 10% and 12.5% on 60... Read More.

BUSINESS HEADLINES

Thursday, July 23 by SRN News

Trump imposes double-digit tariffs on dozens of countries as his 10% levies are set to expire Friday WASHINGTON (AP) - President Donald Trump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap... Read More.

Prime Minister Carney says Canada is ready to respond if Trump’s new tariffs go into affect

Thursday, July 23 by SRN News

VANCOUVER, British Columbia (AP) - Prime Minister Mark Carney said Thursday that Canada is intensifying negotiations with the United States to reach a comprehensive trade deal but is prepared to respond should President Donald Trump's threat of 50% tariffs on Canadian goods comes into... Read More.

GE HealthCare says CFO to step down, reports preliminary Q2 results

Thursday, July 23 by SRN News

July 23 (Reuters) - GE HealthCare's Chief Financial Officer Jay Saccaro will step down from his role to pursue an opportunity outside the medical technology industry, the company said on Thursday. The medical device maker named its current controller and chief accounting officer George Newcomb... Read More.

Newmont beats second-quarter profit estimates on higher gold prices

Thursday, July 23 by SRN News

July 23 (Reuters) - Newmont beat analysts' estimate for second-quarter profit on Thursday, as higher gold prices helped counter lower production at the world's biggest gold miner. Gold has rallied on steady safe-haven demand and hopes of U.S. interest rate cuts, although a stronger dollar... Read More.

Trading Day: Burn, baby, burn

Thursday, July 23 by SRN News

By Jamie McGeever ORLANDO, Florida, July 23 (Reuters) - European and U.S. stocks slumped while bond yields shot higher on Thursday, with global markets rocked by oil's surge above $100 a barrel and earnings reports from two U.S. "Big Tech" companies that showed they are... Read More.

Oil executives rush to complete contract migration in Venezuela, sources say

Thursday, July 23 by SRN News

By Marianna Parraga and Deisy Buitrago CARACAS, July 23 (Reuters) - Venezuela's oil ministry has told partners of state energy company PDVSA that it will maintain the July 28 deadline it had set to migrate oil and gas contracts to a new legal framework approved... Read More.

Current Weather

Brazil probe shows severe icing contributed to 2024 plane crash that killed 62

US warns against excessive yen volatility, calls for BOJ rate hikes

Mexico to see no change from new US tariffs, economy minister says

BUSINESS HEADLINES

Prime Minister Carney says Canada is ready to respond if Trump’s new tariffs go into affect

GE HealthCare says CFO to step down, reports preliminary Q2 results

Newmont beats second-quarter profit estimates on higher gold prices

Trading Day: Burn, baby, burn

Oil executives rush to complete contract migration in Venezuela, sources say

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