Business

Adidas shares climb after Sawe makes marathon history in Adidas shoes

Monday, April 27 by SRN News

April 27 (Reuters) - Shares of German sportswear maker Adidas rose 1.2% on Monday after Kenya's Sabastian Sawe won the London Marathon wearing Adidas trainers, becoming the first man to run a marathon in under two hours in an official race. (Reporting by Amir Orusov,... Read More.

LNG tanker orders gain pace despite mixed outlook from Iran war

Monday, April 27 by SRN News

By Emily Chow SINGAPORE, April 27 (Reuters) - Global orders to build liquefied natural gas carriers (LNGC) are set to rebound this year after a 2025 slump as growing LNG output and vessel fuel efficiency drive demand, industry executives and analysts say. The rise in orders... Read More.

Energy shock ripples through kitchens, forests and conservation in Africa and South Asia

Monday, April 27 by SRN News

NAIROBI, Kenya (AP) - Before sunset, a blue flame used to spring to life in Brenda Obare's kitchen with a quick turn of the knob as she started dinner. Now, her stove is often cold as she crouches over a charcoal burner, coaxing a... Read More.

Dollar drifts as traders assess stuttering US-Iran talks

Monday, April 27 by SRN News

By Ankur Banerjee SINGAPORE, April 27 (Reuters) - The U.S. dollar wobbled on Monday as wavering hopes of a deal to end the Middle East war left investors on edge in a week when they will also be looking for direction from central bank policymakers... Read More.

Kia CEO signals price cuts in Europe to fend off Chinese competition

Monday, April 27 by SRN News

SEOUL, April 27 (Reuters) - South Korea's Kia Corp has reduced price gaps with Chinese rivals in Europe this year, its CEO said, signalling a price war as Chinese carmakers ramp up their push into a key overseas market amid slowing growth at home. The... Read More.

Morning Bid: Hormuz and hyperscalers

Monday, April 27 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook While U.S.-Iran talks have stalled, and next to no oil is making its way through the Strait of Hormuz, stock markets' attention has swung back to the unabated boom in AI. Artificial... Read More.

Budget airlines pitch US government aid under $2.5 billion relief plan, WSJ reports

Monday, April 27 by SRN News

April 26 (Reuters) - A group of U.S. budget airlines, including Frontier and Avelo, is seeking $2.5 billion in U.S. government assistance in exchange for warrants that could be converted into equity stakes, the Wall Street Journal reported on Sunday. Chief executives of several low-cost... Read More.

Asian shares are mixed and oil gains more than $1 as Iran talks remain in flux

Monday, April 27 by SRN News

Shares were mixed in Asia and Tokyo's Nikkei 225 index hit a fresh record Monday after U.S. stocks ended last week with new highs. The price of oil gained more than $1 as talks on ending the war with Iran hit more snags. The... Read More.

Toyota sales fall for second month in March on Middle East slump, RAV4 model change

Monday, April 27 by SRN News

TOKYO, April 27 (Reuters) - Toyota Motor said on Monday global vehicle sales fell for a second successive month in March, as a sharp drop in the Middle East and a model changeover for its popular RAV4 sport utility vehicle weighed on deliveries. •... Read More.

Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

Monday, April 27 by SRN News

NEW DELHI (AP) - For about eight weeks, Indian Capt. Rahul Dhar and his crew have been stranded on their tanker in the Persian Gulf, sometimes watching drones and missiles explode as the Strait of Hormuz remained effectively shut while the Iran war dragged... Read More.

Current Weather

Adidas shares climb after Sawe makes marathon history in Adidas shoes

LNG tanker orders gain pace despite mixed outlook from Iran war

Energy shock ripples through kitchens, forests and conservation in Africa and South Asia

Dollar drifts as traders assess stuttering US-Iran talks

Kia CEO signals price cuts in Europe to fend off Chinese competition

Morning Bid: Hormuz and hyperscalers

Budget airlines pitch US government aid under $2.5 billion relief plan, WSJ reports

Asian shares are mixed and oil gains more than $1 as Iran talks remain in flux

Toyota sales fall for second month in March on Middle East slump, RAV4 model change

Tired and worried, seafarers have been stranded in the Persian Gulf for weeks

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