Business

Suzuki’s no-frills cars once ruled India. Then buyers demanded frills.

Monday, July 20 by SRN News

By Aditi Shah NEW DELHI, July 20 (Reuters) - For some 40 years, Suzuki cars dominated India's roads. The Japanese company's relentless focus on keeping prices and running costs low put millions of people behind the wheel. Hatchbacks made by its Indian arm Maruti Suzuki commanded... Read More.

Novartis faces drug pipeline test with valuation premium in focus

Monday, July 20 by SRN News

By Bhanvi Satija LONDON, July 20 (Reuters) - Novartis investors will look beyond Tuesday's quarterly results for indications about three major drug trial readouts due in the second half of the year seen as vital to justifying the Swiss drugmaker's premium valuation. Analysts say the experimental... Read More.

In the Israeli-occupied West Bank, too much cash is breaking the economy

Monday, July 20 by SRN News

RAMALLAH, West Bank (AP) - Picture this: A gas station customer pulls out a wad of bills to pay for a fill-up. The cashier refuses the money, explaining that the station's bank has stopped accepting notes and coins as deposits because it already is... Read More.

Andy Burnham will become UK prime minister after a meeting with King Charles III

Monday, July 20 by SRN News

LONDON (AP) - The moment for Andy Burnham has finally come. After weeks as U.K. prime minister-in-waiting, Burnham will take office on Monday, succeeding the departing Keir Starmer, and Britain's political turbulence will give way, at least temporarily, to smooth choreography. Burnham will become the seventh... Read More.

Lockheed to make cheaper Patriot interceptors as air defense demand soars

Monday, July 20 by SRN News

By Joe Brock FARNBOROUGH, England, July 20 (Reuters) - Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missiles, while defense contractors face competition from startups making low-cost weapons that can be produced at scale. Lockheed said... Read More.

South Korea’s Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing

Monday, July 20 by SRN News

HONG KONG (AP) - Asian shares were mostly higher on Monday but South Korea's Kospi fell nearly 5% as investors unloaded more stocks linked to artificial intelligence. Japan's markets were closed Monday for a holiday and U.S. futures were mixed. Oil prices jumped more than... Read More.

Conflicts, aircraft orders in focus as Farnborough Airshow kicks off

Sunday, July 19 by SRN News

By Joanna Plucinska and Dan Catchpole FARNBOROUGH, England, July 20 (Reuters) - Farnborough Airshow opens on Monday with Boeing and Airbus pursuing aircraft deals and defence firms vying for a share of booming military budgets fuelled by wars in Ukraine and the Middle East. Planemakers are... Read More.

Electric cars became cheaper in Germany despite rising average prices

Sunday, July 19 by SRN News

July 20 (Reuters) - Models of battery electric vehicles (BEVs) became more affordable in Germany between 2020 and 2025, data from research organizations the International Council on Clean Transportation and Fraunhofer ISI showed. The average BEV price, however, rose during the same period, reflecting a... Read More.

Samsung Biologics to launch $1.8 billion all-cash bid for PolyPeptide

Sunday, July 19 by SRN News

July 20 (Reuters) - South Korea's Samsung Biologics will launch a 1.46 billion Swiss francs ($1.81 billion) all-cash bid for Swiss contract drugmaker PolyPeptide, the companies said in separate statements. The offer at 44.31 Swiss francs per share represents a premium of about 6.1% to... Read More.

Asia shares hesitant as oil climbs, earnings loom

Sunday, July 19 by SRN News

By Wayne Cole SYDNEY, July 20 (Reuters) - Asian share markets were hesitant on Monday as the escalating conflict in the Gulf lifted oil prices and fanned fears of inflation, while a packed week of major tech earnings will further test investor faith in the... Read More.

Current Weather

Suzuki’s no-frills cars once ruled India. Then buyers demanded frills.

Novartis faces drug pipeline test with valuation premium in focus

In the Israeli-occupied West Bank, too much cash is breaking the economy

Andy Burnham will become UK prime minister after a meeting with King Charles III

Lockheed to make cheaper Patriot interceptors as air defense demand soars

South Korea’s Kospi drops nearly 5% as some AI stocks swoon, while oil keeps climbing

Conflicts, aircraft orders in focus as Farnborough Airshow kicks off

Electric cars became cheaper in Germany despite rising average prices

Samsung Biologics to launch $1.8 billion all-cash bid for PolyPeptide

Asia shares hesitant as oil climbs, earnings loom

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