Business

Morning Bid: Oil swept along on troubled waters

Monday, July 13 by SRN News

A look at the day ahead in European and global markets from Wayne Cole. It's been a shaky start to the week for markets as Iran and the United States trade attacks in the Gulf, while Tehran claims to have closed... Read More.

Dollar jumps on renewed Middle East attacks, Hormuz closure

Sunday, July 12 by SRN News

By Gregor Stuart Hunter SINGAPORE, July 13 (Reuters) - The dollar jumped against most of its peers as a renewal of conflict in the Middle East fanned inflation fears and the prospect of rate hikes from central banks increased. Against the yen, the U.S. dollar was... Read More.

Shares slip in Asia as oil jumps on Gulf attacks

Sunday, July 12 by SRN News

By Wayne Cole SYDNEY, July 13 (Reuters) - Share markets slipped in Asia on Monday as fighting intensified in the Gulf and Iran claimed to have closed the vital Strait of Hormuz, sending oil prices surging and rekindling inflation risks globally. The dollar gained with... Read More.

Oil jumps more than 3% after US, Iran launch strikes in Mideast

Sunday, July 12 by SRN News

SINGAPORE, July 13 (Reuters) - Oil prices jumped on Monday as Iran expanded strikes on Gulf states following attacks by the United States, threatening energy shipments via the Strait of Hormuz. Brent crude futures climbed $2.67, or 3.51%, to $78.68 by 2204 GMT, while U.S.... Read More.

U.S. Strikes Iran After Hormuz Ship Attack

Sunday, July 12 by SRN News

DUBAI, United Arab Emirates (AP) - The United States launched several waves of strikes on Iran on Sunday over an Iranian attack on a container ship in the Strait of Hormuz that set it ablaze and left a crew member missing earlier in the... Read More.

NZ’s Fonterra trims top end of annual milk price forecast on weak demand

Sunday, July 12 by SRN News

July 13 (Reuters) - New Zealand dairy giant Fonterra on Monday trimmed the top end of its milk price forecast for the 2026/27 season as softer-than-expected demand and robust global supply drag down prices. The dairy producer cut the annual forecast for the farmgate milk... Read More.

Typhoon Bavi weakens but still brings strong winds and rain to China

Sunday, July 12 by SRN News

BEIJING (AP) - Typhoon Bavi weakened to a tropical storm on Sunday, hours after making landfall in eastern China 's Zhejiang province, but was still bringing days of strong winds and heavy rain to parts of the country. The storm's intensity continued to weaken as... Read More.

Keystone Pipeline system’s operator agrees to pay a $26.9M penalty over a major Kansas oil spill

Sunday, July 12 by SRN News

TOPEKA, Kan. (AP) - A proposed legal settlement with the U.S. government would require the Keystone Pipeline system's operator to pay a $26.9 million civil penalty over a major oil spill in Kansas in December 2022 and spend about $40 million more to prevent... Read More.

Disney’s live-action ‘Moana’ crashes to shore with an underwhelming splash at the box office

Sunday, July 12 by SRN News

The Walt Disney Company's live action "Moana" may be the No. 1 movie at the domestic box office, but it did not make a big splash in its first weekend in theaters. The movie, which cost a reported $250 million to produce, earned just $43... Read More.

Investors to grapple with packed week of earnings, CPI, Iran headlines

Sunday, July 12 by SRN News

By Lewis Krauskopf NEW YORK, July 10 (Reuters) - An eventful coming week of economic data, corporate earnings reports and Middle East developments will test a resilient U.S. stock market that has indexes around record highs despite turbulence beneath the surface. The S&P 500 posted a... Read More.

Current Weather

Morning Bid: Oil swept along on troubled waters

Dollar jumps on renewed Middle East attacks, Hormuz closure

Shares slip in Asia as oil jumps on Gulf attacks

Oil jumps more than 3% after US, Iran launch strikes in Mideast

U.S. Strikes Iran After Hormuz Ship Attack

NZ’s Fonterra trims top end of annual milk price forecast on weak demand

Typhoon Bavi weakens but still brings strong winds and rain to China

Keystone Pipeline system’s operator agrees to pay a $26.9M penalty over a major Kansas oil spill

Disney’s live-action ‘Moana’ crashes to shore with an underwhelming splash at the box office

Investors to grapple with packed week of earnings, CPI, Iran headlines

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