Business

RBA pressure on ASX persists as clearing shortcomings remain

Wednesday, September 23 by SRN News

Sept 23 (Reuters) - ASX's clearing and settlement facilities continue to fail to meet the central bank's expectations in "several important areas", including governance and risk management, despite progress during the year, Reserve Bank of Australia said on Wednesday. The exchange operator has been under... Read More.

Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

Wednesday, September 23 by SRN News

Sept 23 (Reuters) - Novo Nordisk is open to considering a direct New York Stock Exchange listing, replacing the American depositary receipts through which US investors currently trade its shares, CEO Mike Doustdar told the Financial Times in an interview published on Wednesday. The US... Read More.

Analysis-Wheat buyers brace for higher costs as Russia-Ukraine war drags on

Wednesday, September 23 by SRN News

By Naveen Thukral and Sarah El Safty SINGAPORE/DUBAI, Sept 23 (Reuters) - Global wheat buyers holding out to replenish dwindling stocks face painfully higher costs when they return to the market in the coming weeks, with world prices soaring as the Russia-Ukraine war shows no... Read More.

Royal Caribbean acquires stake in resort operator Sandals for $3 billion

Wednesday, September 23 by SRN News

Sept 23 (Reuters) - Royal Caribbean Group said on Wednesday it had agreed to acquire a 50% stake in Caribbean resorts operator Sandals Resorts International for $3 billion, expanding the cruise company's presence in land-based vacation experiences. Royal Caribbean has been focused on broadening its... Read More.

Morning Bid: A$ gets a bit part as AI steals the show

Wednesday, September 23 by SRN News

Sept 23 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. So far, it's been the kind of day where the Australian dollar reaching parity on its Canadian cousin for the first time in more than eight years... Read More.

H&M founding family builds stake as turnaround struggles to gain traction

Wednesday, September 23 by SRN News

By Greta Rosen Fondahn and Helen Reid STOCKHOLM/LONDON, Sept 23 (Reuters) - The billionaire family behind H&M is quietly increasing its stake, fuelling speculation it could take the fast-fashion retailer private as CEO Daniel Erver's turnaround efforts have so far failed to boost the shares... Read More.

Worries about an AI internet takeover gain new urgency among doomsday scenarios

Wednesday, September 23 by SRN News

In a summer filled with revelations about artificial intelligence's rapid development, researchers were especially alarmed by runaway bots finding their way onto the internet and, in at least one instance, coordinating there with one another. Could a swarm of AI agents take over the entire... Read More.

Exclusive-GM CEO Mary Barra to attend Trump’s state dinner for Xi, sources say

Tuesday, September 22 by SRN News

By Nora Eckert, Kalea Hall and David Shepardson DETROIT, Sept 22 (Reuters) - General Motors CEO Mary Barra is expected to attend US President Donald Trump's state dinner at the White House on Thursday for Chinese President Xi Jinping, two sources familiar with the matter... Read More.

Carney says Canada and India aim to wrap up trade talks by G20 ahead of Modi visit

Tuesday, September 22 by SRN News

TORONTO (AP) - Canadian Prime Minister Mark Carney said Tuesday that trade negotiations with India are making "good progress" and that the two countries are aiming to conclude talks by the G20 summit in mid-December. Carney also said India had, to his understanding, confirmed that... Read More.

Oil falls on increased Gulf supply and hopes for US-Iran talks

Tuesday, September 22 by SRN News

By Helen Clark PERTH, Sept 23 (Reuters) - Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN... Read More.

Current Weather

RBA pressure on ASX persists as clearing shortcomings remain

Novo Nordisk open to direct New York listing, CEO Doustdar tells FT

Analysis-Wheat buyers brace for higher costs as Russia-Ukraine war drags on

Royal Caribbean acquires stake in resort operator Sandals for $3 billion

Morning Bid: A$ gets a bit part as AI steals the show

H&M founding family builds stake as turnaround struggles to gain traction

Worries about an AI internet takeover gain new urgency among doomsday scenarios

Exclusive-GM CEO Mary Barra to attend Trump’s state dinner for Xi, sources say

Carney says Canada and India aim to wrap up trade talks by G20 ahead of Modi visit

Oil falls on increased Gulf supply and hopes for US-Iran talks

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