Business

KPMG Australia taps insider as CEO in wake of audit leak scandal

Tuesday, July 21 by SRN News

By Christine Chen SYDNEY, July 21 (Reuters) - KPMG Australia on Tuesday promoted a partner from within its own ranks to chief executive, two months after losing its leader to a scandal that erupted over the firm's misuse of confidential client information. The accounting firm named... Read More.

Shanghai science forum photos show China’s AI and robotics advances in rivalry with US

Monday, July 20 by SRN News

BEIJING (AP) - China's leading technology companies showcased hundreds of cutting-edge products at the World AI Conference in Shanghai - from advanced robotics to artificial intelligence systems. The nation's annual flagship AI event, which was held from July 17 to 20, took place against the... Read More.

Asian stocks rise as Mideast mediation takes oil lower

Monday, July 20 by SRN News

By Ankur Banerjee SINGAPORE, July 21 (Reuters) - Asian stocks gained on Tuesday as mediation efforts in the Middle East pushed oil prices away from a one-month high, while investors braced for a slate of corporate earnings that will test an under pressure AI trade.... Read More.

Airbus CEO says H1 deliveries consistent with annual goal

Monday, July 20 by SRN News

FARNBOROUGH, England, July 21 (Reuters) - Airbus is on track towards its full-year target of 870 deliveries after a 15% increase in the first half of the year as engine supplies stabilised, CEO Guillaume Faury told CNBC TV. "We have delivered 15% more aircraft in... Read More.

New Zealand Q2 inflation at 4.1% y/y, above forecast

Monday, July 20 by SRN News

By Lucy Craymer WELLINGTON, July 21 (Reuters) - New Zealand's annual inflation accelerated in the second quarter, coming in at 4.1% - above analysts' forecasts - and remained above the top end of the central bank's target range, official data showed on Tuesday. The consumer price... Read More.

FDA still focused on lettuce supplier as source of parasite, despite faulty test result

Monday, July 20 by SRN News

WASHINGTON (AP) - Federal health officials said Monday they remain focused on lettuce from Taylor Farms as the source of a multistate outbreak of a diarrhea-causing parasite, despite inaccurate test results that the government briefly publicized over the weekend. Food and Drug Administration officials on... Read More.

W. R. Berkley second-quarter profit rises on strong underwriting

Monday, July 20 by SRN News

July 20 (Reuters) - Commercial insurer W. R. Berkley reported a rise in second-quarter profit on Monday, boosted by robust investment gains and steady underwriting performance. Demand for insurance remained resilient as households and businesses continued to seek protection against large and unpredictable losses. Here are... Read More.

Capital One defeats lawsuit alleging excessive credit-card rates

Monday, July 20 by SRN News

By Jonathan Stempel July 20 (Reuters) - Capital One persuaded a Maryland federal judge on Monday to dismiss a proposed class-action lawsuit accusing the bank of charging excessive interest rates to credit-card customers. U.S. District Judge Theodore Chuang rejected the claim that the federal National Bank... Read More.

Cardinal Health to buy AdaptHealth diabetes unit, Strive Medical for $360 million

Monday, July 20 by SRN News

July 20 (Reuters) - Cardinal Health said on Monday it has agreed to buy AdaptHealth's diabetes health business and medical supply provider Strive Medical in separate deals for about $360 million in total, expanding its home care business. Here are some details • The... Read More.

The Media Line: Rare Saudi-Israeli Media Contacts Re-emerge as Iran Strikes the Gulf

Monday, July 20 by SRN News

Rare Saudi-Israeli Media Contacts Re-emerge as Iran Strikes the Gulf Riyadh is keeping diplomatic options open while maintaining its demands on Palestinian statehood and its dialogue with Tehran By Giorgia Valente / The Media Line Two unusual media appearances involving Saudi... Read More.

Current Weather

KPMG Australia taps insider as CEO in wake of audit leak scandal

Shanghai science forum photos show China’s AI and robotics advances in rivalry with US

Asian stocks rise as Mideast mediation takes oil lower

Airbus CEO says H1 deliveries consistent with annual goal

New Zealand Q2 inflation at 4.1% y/y, above forecast

FDA still focused on lettuce supplier as source of parasite, despite faulty test result

W. R. Berkley second-quarter profit rises on strong underwriting

Capital One defeats lawsuit alleging excessive credit-card rates

Cardinal Health to buy AdaptHealth diabetes unit, Strive Medical for $360 million

The Media Line: Rare Saudi-Israeli Media Contacts Re-emerge as Iran Strikes the Gulf

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