Business

Passenger partly sucked out of window soon after takeoff from Greece but others pull him back in

Friday, July 10 by SRN News

THESSALONIKI, Greece (AP) - A man was partially sucked out of an airplane window shortly after takeoff Friday on a Ryanair flight from Greece to Germany, but nearby passengers pulled him back inside. A Greek hospital official said the 61-year-old passenger was treated for neck... Read More.

Altera returns to growth as AI, robotics fuel demand, CEO says

Friday, July 10 by SRN News

By Max A. Cherney SAN FRANCISCO, July 10 (Reuters) - Altera, a maker of programmable chips spun out of Intel, is growing roughly 20% a year and more than doubling operating income as it prepares for an eventual public listing, Chief Executive Raghib Hussain told... Read More.

Warburg Pincus nears $7 billion deal for PANTHERx Rare, WSJ reports

Friday, July 10 by SRN News

July 10 (Reuters) - Private equity firm Warburg Pincus is nearing a deal to acquire specialty pharmacy company PANTHERx Rare for more than $7 billion, including debt, the Wall Street Journal reported on Friday, citing people familiar with the matter. Warburg is partnering with Abu... Read More.

Carmakers broadly win first round in huge UK lawsuits over diesel emissions

Friday, July 10 by SRN News

LONDON, July 10 (Reuters) - Some of the world's biggest carmakers on Friday broadly won the first stage of a mammoth legal battle over whether some of their diesel vehicles contained prohibited "defeat devices" which limited emissions control systems. Judge Sara Cockerill said in a... Read More.

German automakers hit by sharp China sales drop in second quarter

Friday, July 10 by SRN News

By Rachel More BERLIN, July 10 (Reuters) - German carmakers' sales collapsed further in China during the second quarter, as a protracted slowdown in the world's biggest auto market cranked up the pressure on legacy brands in a bruising battle with local competitors. Volkswagen, Mercedes-Benz and... Read More.

Baker Hughes wins conditional EU nod for $13.6 billion Chart deal

Friday, July 10 by SRN News

By Foo Yun Chee BRUSSELS, July 10 (Reuters) - U.S. oilfield services firm Baker Hughes BKR.O secured EU antitrust approval on Friday for its $13.6 billion acquisition of Chart Industries GTLS.N after agreeing to sell a Chart business. Baker Hughes announced the deal in... Read More.

Shopify tells users to remove vapes from online stores

Friday, July 10 by SRN News

By Emma Rumney LONDON, July 10 (Reuters) - Shopify has told customers using its web-hosting services to remove vape products from their online stores, according to a notice seen by Reuters and confirmed by the company on Friday. Reuters reported in June that the Ottawa-based... Read More.

Fed report cites ‘stepped-up’ inflation

Friday, July 10 by SRN News

By Howard Schneider and Ann Saphir WASHINGTON, July 10 (Reuters) - U.S. inflation "stepped up further this spring" as the evolving impact of tariffs, energy costs driven higher by conflict in the Middle East, and the booming buildout of artificial intelligence technology boosted price pressures... Read More.

U.S. equity funds draw biggest weekly inflow in three weeks on tech earnings hopes

Friday, July 10 by SRN News

July 10 (Reuters) - U.S. equity funds attracted their largest weekly inflow in three weeks in the week to July 8, as upbeat earnings expectations for the technology sector and easing concerns over Federal Reserve rate hikes bolstered demand. Investors poured a net $24.97 billion... Read More.

Wall St opens steady ahead of SK Hynix listing; Middle East in focus

Friday, July 10 by SRN News

July 10 (Reuters) - Wall Street indexes steadied at open on Friday, as investors awaited the highly anticipated Nasdaq debut of South Korean chip bellwether SK Hynix, while the latest escalations in the Middle East conflict fanned fears of inflation. The Dow Jones Industrial Average... Read More.

Current Weather

Passenger partly sucked out of window soon after takeoff from Greece but others pull him back in

Altera returns to growth as AI, robotics fuel demand, CEO says

Warburg Pincus nears $7 billion deal for PANTHERx Rare, WSJ reports

Carmakers broadly win first round in huge UK lawsuits over diesel emissions

German automakers hit by sharp China sales drop in second quarter

Baker Hughes wins conditional EU nod for $13.6 billion Chart deal

Shopify tells users to remove vapes from online stores

Fed report cites ‘stepped-up’ inflation

U.S. equity funds draw biggest weekly inflow in three weeks on tech earnings hopes

Wall St opens steady ahead of SK Hynix listing; Middle East in focus

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