Business

Morning Bid: Middle East deadlock

Tuesday, August 11 by SRN News

A look at the day ahead in European and global markets from Rae Wee Oil prices were back on the rise on Tuesday and touched their highest this month, as Washington and Tehran continued to trade demands for the reopening of the Strait of Hormuz. U.S.... Read More.

Australia central bank holds rates steady, keeps hike on table

Tuesday, August 11 by SRN News

By Stella Qiu and Wayne Cole SYDNEY, Aug 11 (Reuters) - Australia's central bank held its cash rate steady at 4.35% for a second straight meeting on Tuesday, saying the economy was slowing as expected, but warned it might yet hike again if needed to... Read More.

Trump pivots back to sanctions for Iran as other strategies to end his war fizzle

Tuesday, August 11 by SRN News

WASHINGTON (AP) - President Donald Trump likes to say that he started his war with Iran after 50 years of economic pressure had failed to stop its nuclear weapons ambitions - but he's now betting that another financial squeeze can bring an end to... Read More.

As Trump Media scraps some businesses, it’s doubling down on Truth Social and the president

Tuesday, August 11 by SRN News

NEW YORK (AP) - The president's media company has tried its hand at a half-dozen new lines of business to lift its stock, but nothing has worked. Now it's getting back to its roots. In a conference call with investors Monday, the company behind Truth Social... Read More.

Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer

Monday, August 10 by SRN News

By Alberto Alerigi SAO PAULO, Aug 10 (Reuters) - Sao Paulo civil police have formally accused two Goldman Sachs representatives of fraud in a dispute over a public share tender offer demanded by minority shareholders of cancer treatment group Oncoclinicas, according to a police document... Read More.

RBC, BMO to sell Moneris to Francisco Partners in $1.44 billion deal

Monday, August 10 by SRN News

Aug 10 (Reuters) - The Royal Bank of Canada and BMO Financial Group on Monday agreed to sell jointly owned Moneris Solutions to technology investment firm Francisco Partners in a deal valued at C$2 billion ($1.44 billion). Here are some details: ... Read More.

Brazil’s Natura posts 92% decline in Q2 net profit

Monday, August 10 by SRN News

SAO PAULO, Aug 10 (Reuters) - Brazilian cosmetic maker Natura on Monday posted a second-quarter net profit of 35 million reais ($6.85 million), a 92.1% decline from the same period of 2025 on a recurring basis. • Natura attributed the results mostly to higher net... Read More.

JPMorgan to keep Asia hiring pace after corporate bank growth tops 20%

Monday, August 10 by SRN News

By Yantoultra Ngui and Rae Wee SINGAPORE, Aug 11 (Reuters) - JPMorgan Chase will continue hiring in Asia Pacific at a similar pace in 2027, after revenue at its corporate bank in the region grew by well above 20% this year, its regional heads told... Read More.

Oil steadies near one-week highs as US-Iran peace deal hopes dim

Monday, August 10 by SRN News

By Ishaan Arora Aug 11 (Reuters) - Oil prices steadied on Tuesday at more than one-week highs amid fading hopes of a deal between the U.S. and Iran to end their war and reopen the Strait of Hormuz, after President Donald Trump demanded compensation for... Read More.

US officials work to close supply chain gaps as foreign investment grows

Monday, August 10 by SRN News

By Andrea Shalal PHILADELPHIA, Aug 10 (Reuters) - U.S. officials on Monday said they are working closely with foreign investors to identify gaps in the U.S. manufacturing supply chain and to help small- and medium-sized businesses scale up to meet rising demand as foreign investments... Read More.

Current Weather

Morning Bid: Middle East deadlock

Australia central bank holds rates steady, keeps hike on table

Trump pivots back to sanctions for Iran as other strategies to end his war fizzle

Brazilian police accuse Goldman executives of fraud over Oncoclinicas tender offer

RBC, BMO to sell Moneris to Francisco Partners in $1.44 billion deal

Brazil’s Natura posts 92% decline in Q2 net profit

JPMorgan to keep Asia hiring pace after corporate bank growth tops 20%

Oil steadies near one-week highs as US-Iran peace deal hopes dim

US officials work to close supply chain gaps as foreign investment grows

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