Business

M&T Bank’s second-quarter profit lifted by interest income growth

Wednesday, July 15 by SRN News

July 15 (Reuters) - M&T Bank posted a rise in second-quarter profit on Wednesday, driven by higher interest income and trust income. Elevated interest rates have helped banks generate stronger interest income, as businesses and consumers adapt to the higher-rate environment and continue to pursue... Read More.

US negotiator Brett McGurk will release a book on the Hamas hostage crisis

Wednesday, July 15 by SRN News

NEW YORK (AP) - A lead U.S. negotiator for the release of hundreds of people captured by Hamas during the Oct. 7, 2023, attacks in Israel will have a book out this fall. The Penguin Random House imprint Crown has scheduled Brett McGurk's "Brink:... Read More.

Australia’s Perpetual gets sweetened $1.75 billion bid from EQT

Wednesday, July 15 by SRN News

July 15 (Reuters) - Australia's Perpetual said on Wednesday it had received a sweetened non-binding takeover proposal from Swedish private equity firm EQT AB, valuing the financial services provider at A$2.50 billion ($1.75 billion). Under the revised offer, EQT would buy all of Perpetual's shares... Read More.

JPMorgan expands EMEA corporate banking business in latest push on regional rivals

Wednesday, July 15 by SRN News

By Lawrence White LONDON, July 15 (Reuters) - JPMorgan has launched an expansion of its corporate banking business in Europe, the Middle East and Africa as it seeks to grow income and claim market share from regional and domestic lenders, James Roddy, head of global... Read More.

Netflix’s next growth chapter hinges on keeping viewers hooked

Wednesday, July 15 by SRN News

By Harshita Mary Varghese July 15 (Reuters) - Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results on Thursday, as its user engagement has faltered amid growing competition from traditional media players, YouTube and mobile viewing. The streaming giant... Read More.

Bank of Canada seen holding rates as inflation, weak growth pull in opposite directions

Wednesday, July 15 by SRN News

By Promit Mukherjee OTTAWA, July 15 (Reuters) - The Bank of Canada is widely expected to keep its benchmark rate unchanged on Wednesday as concerns over a recent spike in inflation remain contained and economic growth stays subdued. Canada's annual headline inflation breached the BoC's 3%... Read More.

Biden will publish ‘Promise Me, America’ memoir after the November midterm elections

Wednesday, July 15 by SRN News

NEW YORK (AP) - Former President Joe Biden will publish a memoir this fall, publisher Little, Brown and Company told The Associated Press. "Promise Me, America," which Biden says will touch upon everything from the economy to his decision to drop his bid for reelection,... Read More.

SpaceX’s slide risks turning blockbuster IPO into confidence test

Wednesday, July 15 by SRN News

By Laura Matthews NEW YORK, July 15 (Reuters) - SpaceX's slip close to its initial public offering price risks turning a marquee stock-market debut into a confidence test, potentially unsettling retail investors and complicating decisions for other companies weighing high-profile listings. Elon Musk's company, spanning rockets... Read More.

UK’s Dr Martens backs annual outlook on US wholesale demand

Wednesday, July 15 by SRN News

July 15 (Reuters) - British bootmaker Dr Martens stuck to its fiscal 2027 outlook on Wednesday, citing encouraging wholesale demand in its largest market, the United States. Here are some more details: • Trading has been in line with expectations since the start of its... Read More.

Taiwan’s premium mangoes wing their way to Europe for the first time

Wednesday, July 15 by SRN News

By Ann Wang TAICHUNG/TAITUNG, Taiwan, July 15 (Reuters) - Plump, juicy and fragrant, Taiwanese mangoes have long been a top draw for foodies, but traditionally those wanting to experience them have generally had to travel to the island. Starting this year, however, the yellow and orange-coloured... Read More.

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Current Weather

M&T Bank’s second-quarter profit lifted by interest income growth

US negotiator Brett McGurk will release a book on the Hamas hostage crisis

Australia’s Perpetual gets sweetened $1.75 billion bid from EQT

JPMorgan expands EMEA corporate banking business in latest push on regional rivals

Netflix’s next growth chapter hinges on keeping viewers hooked

Bank of Canada seen holding rates as inflation, weak growth pull in opposite directions

Biden will publish ‘Promise Me, America’ memoir after the November midterm elections

SpaceX’s slide risks turning blockbuster IPO into confidence test

UK’s Dr Martens backs annual outlook on US wholesale demand

Taiwan’s premium mangoes wing their way to Europe for the first time

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