Business

ConocoPhillips cuts annual production targets as Iran war disrupts operations

Thursday, April 30 by SRN News

April 30 (Reuters) - Oil and gas producer ConocoPhillips on Thursday forecast a lower annual output and excluded Qatar from its near-term outlook, citing disruption to its operations in the Middle East due to the Iran conflict. ConocoPhillips is a partner in QatarEnergy's liquefied natural... Read More.

Analysis-EU kickstarts Mercosur pact to counter US trade hit

Thursday, April 30 by SRN News

By Philip Blenkinsop and Francesco Canepa BRUSSELS, April 30 (Reuters) - The European Union and South American bloc Mercosur will implement on Friday a contentious free trade agreement that the EU in particular hopes will benefit exporters and calm critics, even if it cannot fully... Read More.

EU overhauls merger rules amid calls for European champions

Thursday, April 30 by SRN News

By Foo Yun Chee BRUSSELS, April 30 (Reuters) - EU antitrust regulators proposed on Thursday a revamp of European Union merger rules to give companies more leeway to argue for the benefits of their deals, raising expectations of easier scrutiny of attempts to create European... Read More.

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

Thursday, April 30 by SRN News

WASHINGTON (AP) - A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve. An inflation gauge monitored by the... Read More.

Meta looks to raise up to $25 billion with bond sale, Bloomberg News reports

Thursday, April 30 by SRN News

April 30 (Reuters) - Meta Platforms is looking to sell between $20 billion and $25 billion of investment-grade bonds, Bloomberg News reported on Thursday, citing people with knowledge of the transaction. The company had raised $30 billion in its biggest-ever bond offering last year, part... Read More.

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

Thursday, April 30 by SRN News

WASHINGTON (AP) - The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall's 43-day federal government shutdown. But the outlook is clouded by the Iran war. The Commerce Department reported Thursday... Read More.

U.S. jobless aid filings fall to 189,000 despite economic headwinds and war in Iran

Thursday, April 30 by SRN News

WASHINGTON (AP) - The number of Americans filing for unemployment benefits tumbled below 200,000 last week despite a number of economic headwinds including the war in Iran. U.S. jobless aid applications for the week ending April 25 fell by 26,000 by to 189,000, down from... Read More.

Morning Bid: Oil fear shrouds tech splurge

Thursday, April 30 by SRN News

By Mike Dolan April 30 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Try as they might, it's impossible for markets to ignore the renewed surge in oil prices on the Iran war stasis. Global crude prices... Read More.

Merck posts quarterly loss due to Cidara charge, sales rise 5%

Thursday, April 30 by SRN News

By Deena Beasley April 30 (Reuters) - Merck & Co on Thursday reported a loss for the first quarter as an acquisition-related charge offset a 5% increase in product sales driven by cancer and respiratory drugs. Shares rose nearly 5% in premarket trading after the loss... Read More.

Royal Caribbean cuts annual profit forecast, sees higher fuel costs

Thursday, April 30 by SRN News

April 30 (Reuters) - Royal Caribbean cut annual profit forecast on Thursday, signaling that surging fuel costs linked to ongoing tensions in the Middle East are weighing on the cruise operator's margins. Cruise operators, heavily dependent on fuel oil and marine gas oil, are navigating... Read More.

Current Weather

ConocoPhillips cuts annual production targets as Iran war disrupts operations

Analysis-EU kickstarts Mercosur pact to counter US trade hit

EU overhauls merger rules amid calls for European champions

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

Meta looks to raise up to $25 billion with bond sale, Bloomberg News reports

U.S. economy grew 2% from January-March, recovering from federal shutdown; Iran war clouds outlook

U.S. jobless aid filings fall to 189,000 despite economic headwinds and war in Iran

Morning Bid: Oil fear shrouds tech splurge

Merck posts quarterly loss due to Cidara charge, sales rise 5%

Royal Caribbean cuts annual profit forecast, sees higher fuel costs

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