Business – Page 35 – Freedom 96.9

Cyprus natural gas to supply Europe by first half of 2028, minister says, as EU seeks new sources

Sunday, August 9 by SRN News

NICOSIA, Cyprus (AP) - European consumers can expect natural gas from an undersea deposit off Cyprus to help meet their energy needs as early as March 2028, the island nation's energy minister said. Michael Damianos said the East Mediterranean is fast becoming an alternative energy... Read More.

German trade deficit with China grows as Beijing relies less on European industry

Sunday, August 9 by SRN News

By Rene Wagner BERLIN, Aug 9 (Reuters) - Germany's trade deficit with China widened in the first half of 2026, even as the Asian powerhouse remained its top trade partner, preliminary data from state-run agency Germany Trade & Invest (GTAI) showed on Sunday. German exports to... Read More.

Former SK Hynix employee jailed for leaking information to a Chinese firm, Yonhap reports

Saturday, August 8 by SRN News

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China’s producer inflation eases in July, below expectations

Saturday, August 8 by SRN News

BEIJING, Aug 9 (Reuters) - China's producer prices rose for a fifth straight month in July but at a slower pace, while consumer-price inflation also cooled, official data showed Sunday, as global energy prices retreated despite U.S.-Iran tensions. The producer price index climbed 3.5%... Read More.

More workers join strike at BHP’s Port Hedland iron ore operations

Saturday, August 8 by SRN News

SYDNEY, Aug 9 (Reuters) - More workers joined a strike at BHP's Port Hedland operations in Western Australia on Sunday, a union spokesperson said, in the first major industrial action at the iron-ore export hub in a quarter-century. On the second of the planned... Read More.

Whitney Houston’s new No. 1s album, first-ever Barbie, Clive Davis and more: A Q&A with Pat Houston

Saturday, August 8 by SRN News

NEW YORK (AP) - It was four decades ago next year that Whitney Houston released "I Wanna Dance with Somebody (Who Loves Me)," a timeless hit in a career made up of them. And it is just one of her 11 Billboard Hot 100... Read More.

Two drivers of Mercedes AMG cars file class action lawsuit over an alleged burn hazard in its logo

Saturday, August 8 by SRN News

NEW YORK (AP) - Two drivers of Mercedes AMG cars have filed a class action lawsuit against the luxury car company, claiming that the AMG logo on their driver's seat gets so hot that it literally brands them and causes burns. Gabriel Lahijani and Karendeep... Read More.

Iran continues its dangerous delay strategy

Saturday, August 8 by SRN News

(AP) - The Strait of Hormuz - a narrow, ancient waterway is once again at the center of a very real global showdown. And Iran's leaders believe their own victory won't take millennia. In fact, they think it's close at hand. Tehran is betting that... Read More.

A fast-moving wildfire forces more than 20,000 people to evacuate in western Canada

Saturday, August 8 by SRN News

VANCOUVER, British Columbia (AP) - More than 20,000 people were ordered to leave their homes overnight in western Canada as a fast-moving wildfire grew rapidly and raced toward towns along British Columbia's Okanagan Lake, destroying homes in its path. The entire community of Summerland, home... Read More.

Berkshire Hathaway’s new CEO Greg Abel spends a chunk of the company’s massive cashpile

Saturday, August 8 by SRN News

OMAHA, Neb. (AP) - Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren Buffett... Read More.

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