Business

U.S. burrito chain Chipotle opens first eatery in Mexico

Wednesday, July 15 by SRN News

MEXICO CITY, July 15 (Reuters) - Chipotle Mexican Grill will open its first restaurant in Mexico in the northern border state of Nuevo Leon, local operator Alsea said on Tuesday. Alsea, whose portfolio includes Domino's Pizza, Starbucks and Burger King in Europe and Latin America,... Read More.

Chile’s Codelco expects flat copper output in coming years, chairman says

Wednesday, July 15 by SRN News

By Fabian Cambero SANTIAGO, July 15 (Reuters) - Chile's state-run copper miner Codelco expects production in the coming years to stay similar to current levels, chairman Bernardo Fontaine said on Wednesday, when asked if the company was on track to meet its target of 1.7... Read More.

Wall St rises with earnings in focus; PayPal jumps on takeover bid report

Wednesday, July 15 by SRN News

By Ragini Mathur and Avinash P July 15 (Reuters) - Wall Street's main indexes edged higher on Wednesday, as softer-than-expected producer inflation data and a flurry of corporate earnings supported sentiment, while PayPal surged on news of a $53 billion takeover offer. Strong results from... Read More.

IMF strategy chief urges countries to maintain price stability

Wednesday, July 15 by SRN News

By Andrea Shalal WASHINGTON, July 15 (Reuters) - The International Monetary Fund's new strategy chief urged government officials on Wednesday to maintain credibility in fiscal and monetary policy with the aim of keeping prices stable amid global economic uncertainty. Christian Mumssen, the fund's new director of... Read More.

Wall St opens higher as investors weigh earnings; PayPal jumps

Wednesday, July 15 by SRN News

July 15 (Reuters) - Wall Street's main indexes opened higher on Wednesday, as investors weighed softer-than-expected producer inflation data and a flurry of corporate earnings, while PayPal surged on report of a $53 billion takeover offer. The Dow Jones Industrial Average rose 95.9 points, or... Read More.

Nuclear fuel firm Standard Nuclear slashes US IPO size by more than half

Wednesday, July 15 by SRN News

July 15 (Reuters) - Standard Nuclear slashed the size of its proposed U.S. initial public offering by more than 50% on Wednesday, joining a string of companies that have scaled back their valuation targets this year to align with cautious investor sentiment. The early-stage nuclear... Read More.

Former Hungarian foreign minister resigns from parliament for job with Chinese automaker

Wednesday, July 15 by SRN News

BUDAPEST, Hungary (AP) - Hungary's former foreign minister has resigned his seat in parliament and taken an executive position with Chinese electric automaker BYD, he announced in a social media post on Wednesday. Péter Szijjártó, who served as Hungary's top diplomat for nearly 12... Read More.

Celcuity shares fall as delayed breast cancer drug launch eclipses first US FDA approval

Wednesday, July 15 by SRN News

July 15 (Reuters) - Shares of Celcuity fell about 8% in premarket trading on Wednesday, as the delayed commercial launch of its newly approved breast cancer drug and treatment-tolerability concerns overshadowed the company's first U.S. approval. The U.S. Food and Drug Administration on Tuesday approved... Read More.

US producer prices unexpectedly fall in June

Wednesday, July 15 by SRN News

WASHINGTON, July 15 (Reuters) - U.S. producer prices unexpectedly fell in June, another indication that inflation was retreating before the recent escalation in the Middle East conflict. The Producer Price Index for final demand dropped 0.3% last month after a downwardly revised 0.6% increase in... Read More.

Fed’s Williams: “Unquestionably too-high” inflation may soon subside

Wednesday, July 15 by SRN News

By Dan Burns NEW YORK, July 15 (Reuters) - While inflation is "unquestionably too high," there are reasons to believe it may have crested and should soon start subsiding, and U.S. monetary policy is well positioned to guide inflation back to the Federal Reserve's target,... Read More.

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Current Weather

U.S. burrito chain Chipotle opens first eatery in Mexico

Chile’s Codelco expects flat copper output in coming years, chairman says

Wall St rises with earnings in focus; PayPal jumps on takeover bid report

IMF strategy chief urges countries to maintain price stability

Wall St opens higher as investors weigh earnings; PayPal jumps

Nuclear fuel firm Standard Nuclear slashes US IPO size by more than half

Former Hungarian foreign minister resigns from parliament for job with Chinese automaker

Celcuity shares fall as delayed breast cancer drug launch eclipses first US FDA approval

US producer prices unexpectedly fall in June

Fed’s Williams: “Unquestionably too-high” inflation may soon subside

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