Business

Louis Vuitton court victory against Chinese tea chain stirs up a debate over copyrights

Tuesday, July 7 by SRN News

HONG KONG (AP) - A debate over ownership of traditional Chinese symbols has cropped up after a court ordered a local tea chain to pay French luxury brand Louis Vuitton $1.5 million over trademark infringement claims. Chinese state-media and online commentators are questioning if the... Read More.

Big Tech data centers are driving up power bills at America’s Rust Belt factories

Tuesday, July 7 by SRN News

By Laila Kearney NEW YORK, July 7 (Reuters) - For years, electricity costs for the Belden Brick Company in Sugarcreek, Ohio, had been relatively stable. Last year, they surged by 90% - largely because of rising power demand from data centers in the region. The 141-year-old... Read More.

Morning Bid: Samsung boom, market gloom

Tuesday, July 7 by SRN News

A look at the day ahead in European and global markets from Satoshi Sugiyama. South Korea's Samsung Electronics came out with a bang, forecasting an eye-popping 19-fold jump in second-quarter operating profit from a year earlier and topping its combined earnings over the past three... Read More.

Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record

Tuesday, July 7 by SRN News

BANGKOK (AP) - Asian shares have retreated, with South Korea's Kospi shedding nearly 8% despite a rebound for AI stocks that lifted stocks on Wall Street. Oil prices rose and U.S. futures were mixed. In Seoul, the Kospi lost 7.6% to 7,444.13 as shares in... Read More.

South Korean law targeting ‘fake news’ takes effect as journalists’ groups raise concerns

Tuesday, July 7 by SRN News

SEOUL, South Korea (AP) - South Korea began enforcing a law Tuesday that allows steep punitive damages against news outlets and social media influencers for spreading false information as journalist groups warned it could chill public discourse and invite censorship. Journalists and civil liberties... Read More.

Indonesia’s Prabowo and India’s Modi meet to discuss expanding economic and defense ties

Tuesday, July 7 by SRN News

JAKARTA, Indonesia (AP) - Indian Prime Minister Narendra Modi met with Indonesia's President Prabowo Subianto Tuesday to discuss ways to strengthen strategic ties between Asia's two largest democracies as economic globalization faces headwinds. Discussions between the leaders will focus on several key pillars, including defense... Read More.

The Media Line: Iran Announces Hormuz Service Fees Despite President Trump’s Warning

Monday, July 6 by SRN News

Iran Announces Hormuz Service Fees Despite President Trump's Warning By The Media Line Staff Iran announced plans to charge service fees for vessels transiting the Strait of Hormuz, a move that contrasts with President Donald Trump's statement that negotiations... Read More.

The Media Line: Gaza Authorities Confirm Technocratic Committee To Control the Strip

Monday, July 6 by SRN News

Gaza Authorities Confirm Technocratic Committee To Control the Strip By The Media Line Staff Government authorities in the Gaza Strip said they have completed preparations to hand control of the territory to the National Committee for Gaza Administration (NCGA),... Read More.

US airlines chase profits in premium cabins, deepening a fare class divide on flights

Monday, July 6 by SRN News

They may arrive at the same destination, but two passengers on the same flight can have strikingly different travel experiences. One traveler breezes through a priority security lane and heads straight to an invite-only lounge for craft cocktails and a chef-prepared meal before boarding early.... Read More.

Oil prices gain as focus shifts to supply recovery and demand

Monday, July 6 by SRN News

July 7 (Reuters) - Oil prices edged higher on Tuesday, but gains were limited as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects. Brent crude futures gained 28 cents, or 0.39%, to $72.29,... Read More.

Current Weather

Louis Vuitton court victory against Chinese tea chain stirs up a debate over copyrights

Big Tech data centers are driving up power bills at America’s Rust Belt factories

Morning Bid: Samsung boom, market gloom

Asian markets retreat after rebounding AI stocks send the S&P 500 to brink of a new record

South Korean law targeting ‘fake news’ takes effect as journalists’ groups raise concerns

Indonesia’s Prabowo and India’s Modi meet to discuss expanding economic and defense ties

The Media Line: Iran Announces Hormuz Service Fees Despite President Trump’s Warning

The Media Line: Gaza Authorities Confirm Technocratic Committee To Control the Strip

US airlines chase profits in premium cabins, deepening a fare class divide on flights

Oil prices gain as focus shifts to supply recovery and demand

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