Business

Fed chair nominee Warsh has big ideas. Here are some, in his own words

Monday, April 20 by SRN News

April 20 (Reuters) - Kevin Warsh, picked by President Donald Trump to succeed Federal Reserve Chair Jerome Powell, has big plans for the central bank once he takes the helm. Regime change. A lower policy rate. A new approach to inflation. A smaller balance... Read More.

US companies eye Congo mining assets, including Rubaya, State Dept official says

Monday, April 20 by SRN News

By Olivia Kumwenda-Mtambo JOHANNESBURG, April 20 (Reuters) - U.S. companies are showing "significant" interest in Democratic Republic of Congo mining assets, including the rebel-held Rubaya area, a State Department official said, adding that investments in that area will have to align with Washington-led peace efforts. Earlier... Read More.

Morning Bid: Green light, red light

Monday, April 20 by SRN News

By Mike Dolan April 20 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Stop-go, stop-go. Friday's market exuberance at the opening of the Strait of Hormuz was doused again on Monday as the weekend saw Iran turn... Read More.

TopBuild shares jump after $17 billion QXO deal

Monday, April 20 by SRN News

April 20 (Reuters) - Shares of U.S. building products distributor and installer TopBuild jumped nearly 20% in premarket trading on Monday, a day after the company agreed to be acquired by construction supplies distributor QXO in a $17 billion deal amid industry-wide consolidation. Unanimously... Read More.

India and South Korea agree to nearly double trade to $50B by 2030

Monday, April 20 by SRN News

NEW DELHI (AP) - South Korean President Lee Jae Myung met Indian Prime Minister Narendra Modi in New Delhi on Monday, with both leaders pledging to nearly double bilateral trade to deepen economic and strategic ties. Modi said India and South Korea aim to increase... Read More.

Samsung SDI signs first EV battery supply deal with Mercedes-Benz

Monday, April 20 by SRN News

SEOUL, April 20 (Reuters) - South Korean battery maker Samsung SDI said on Monday it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles, marking its first EV battery supply deal with the automaker. The batteries will feature high-nickel NCM (nickel,... Read More.

The Latest: US Navy seizure of Iranian ship casts doubt on fresh ceasefire talks in Pakistan

Monday, April 20 by SRN News

The U.S. Navy's forcible seizure of an Iranian-flagged cargo ships threw doubt on an announcement from President Donald Trump that U.S. negotiators will head to Pakistan on Monday for another round of talks with Iran. Trump's announcement Sunday had raised hopes of extending a... Read More.

Analysis-European defence stocks cool as investors reassess war winners

Monday, April 20 by SRN News

By Samuel Indyk and Sophie Kiderlin LONDON, April 20 (Reuters) - Investors have cooled on European defence stocks as profit taking and stretched valuations collide with growing uncertainty over the future of warfare, with the Iran conflict again highlighting the effectiveness of low-cost drones. MSCI's... Read More.

Morning Bid: Markets light on volume and high on hopes

Monday, April 20 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Markets chose to look past weekend headlines and the risk of a re-ignited and wider Mideast conflict, and traded - thinly - on hope for a deal to get ships moving... Read More.

Indonesia, Toyota in talks on potential bioethanol project

Monday, April 20 by SRN News

JAKARTA, April 20 (Reuters) - Indonesia is in talks with Japan's Toyota Motor Asia on a potential joint investment in bioethanol production in the Southeast Asian country, a government official and executives from Toyota told reporters on Monday. Here are some details: • A renewable energy... Read More.

Current Weather

Fed chair nominee Warsh has big ideas. Here are some, in his own words

US companies eye Congo mining assets, including Rubaya, State Dept official says

Morning Bid: Green light, red light

TopBuild shares jump after $17 billion QXO deal

India and South Korea agree to nearly double trade to $50B by 2030

Samsung SDI signs first EV battery supply deal with Mercedes-Benz

The Latest: US Navy seizure of Iranian ship casts doubt on fresh ceasefire talks in Pakistan

Analysis-European defence stocks cool as investors reassess war winners

Morning Bid: Markets light on volume and high on hopes

Indonesia, Toyota in talks on potential bioethanol project

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