Business

Japan’s exports jump in June on weak yen, AI-linked demand

Tuesday, July 21 by SRN News

By Makiko Yamazaki TOKYO, July 22 (Reuters) - Japan's exports rose for a tenth straight month in June, government data showed on Wednesday, driven by a weak yen and strong demand driven by AI-related data centres despite supply disruptions linked to the U.S.-Israeli war... Read More.

Australia to increase oversight on auditors after KPMG scandal, regulator says

Tuesday, July 21 by SRN News

By Scott Murdoch SYDNEY, July 22 (Reuters) - Australia's corporate regulator said on Wednesday it would increase its regulatory oversight of auditors following the KPMG leak scandal. The Australian Securities and Investments Commission (ASIC) said in a letter sent to about 2,900 auditors it would escalate... Read More.

Yen slides past 163, raising intervention alert

Tuesday, July 21 by SRN News

SINGAPORE, July 22 (Reuters) - The yen was pinned near an almost four-decade low on Wednesday as rising oil prices and U.S. Treasury yields hoisted the dollar and left traders on edge about possible Japanese intervention. On Tuesday, in New York trade, the yen hit... Read More.

Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions

Tuesday, July 21 by SRN News

HAVANA (AP) - The Spanish hotel chain Meliá said Tuesday it will completely shutter its operations in Cuba, dealing a blow to the tourism industry on the Caribbean island grappling with strict sanctions and an energy blockade imposed by the United States. A statement from... Read More.

News Corp countersues Brave for allegedly ‘scraping’ articles for AI

Tuesday, July 21 by SRN News

By Jonathan Stempel July 21 (Reuters) - News Corp, facing a lawsuit by search engine Brave Software, has filed a countersuit accusing it of "flagrant theft" in distributing and selling versions of articles from the Wall Street Journal and New York Post to AI companies. Brave... Read More.

Chile’s Congress puts President Kast’s economic overhaul on track to becoming law

Tuesday, July 21 by SRN News

SANTIAGO, Chile (AP) - Chile's Congress on Tuesday approved nearly all of the remaining changes to a sweeping tax and economic overhaul package promoted by President José Antonio Kast, delivering a legislative victory to the conservative leader and his efforts to stimulate growth in... Read More.

Strong consumer loan demand lifts Banorte quarterly profit

Tuesday, July 21 by SRN News

By Natalia Siniawski MEXICO CITY, July 21 (Reuters) - Mexico's Grupo Financiero Banorte reported a 6% rise in second-quarter net profit on Tuesday, slightly above estimates, boosted by strong demand for consumer loans and higher fee income. Net profit reached 15.55 billion pesos ($888.64 million), above... Read More.

Grupo Mexico profit beats estimates on higher copper prices

Tuesday, July 21 by SRN News

By Daina Beth Solomon and Iñigo Alexander MEXICO CITY, July 21 (Reuters) - Mining and transportation conglomerate Grupo Mexico said on Tuesday its second-quarter net profit rose nearly 79% from the same period a year earlier, bolstered by higher copper prices and well ahead of... Read More.

Nike to tighten online sales in China amid ‘cluttered’ marketplace

Tuesday, July 21 by SRN News

NEW YORK, July 21 (Reuters) - Nike is trying to lure back shoppers in China by controlling how its products are sold online, directing consumers to official Nike channels as the American sportswear giant continues to lose ground to domestic rivals. By restricting wholesale distributors'... Read More.

The Media Line: NASTEX 2026 Opens in Damascus as Syria Seeks To Revive Textile Industry

Tuesday, July 21 by SRN News

NASTEX 2026 Opens in Damascus as Syria Seeks To Revive Textile Industry By Rizik Alabi / The Media Line [DAMASCUS] The NASTEX 2026 international textile exhibition opened in Damascus on Saturday, bringing together more than 300 companies from over... Read More.

Current Weather

Japan’s exports jump in June on weak yen, AI-linked demand

Australia to increase oversight on auditors after KPMG scandal, regulator says

Yen slides past 163, raising intervention alert

Spanish hotel chain Meliá is leaving Cuba because of legal and financial hurdles from US sanctions

News Corp countersues Brave for allegedly ‘scraping’ articles for AI

Chile’s Congress puts President Kast’s economic overhaul on track to becoming law

Strong consumer loan demand lifts Banorte quarterly profit

Grupo Mexico profit beats estimates on higher copper prices

Nike to tighten online sales in China amid ‘cluttered’ marketplace

The Media Line: NASTEX 2026 Opens in Damascus as Syria Seeks To Revive Textile Industry

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