Business

China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war

Thursday, April 16 by SRN News

HONG KONG (AP) - China's economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far, according to data released Thursday. The January-March data released by the government, covering... Read More.

Could more cattle cause record beef prices to drop? Ranchers say it’s not that simple

Thursday, April 16 by SRN News

MANDAN, N.D. (AP) - It's never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers like Stephanie Hatzenbuhler to raise more cattle - and that's not an easy ask. For a host of reasons, Hatzenbuhler and other... Read More.

Pakistani army chief visits Tehran in bid to broker renewed talks between US and Iran

Thursday, April 16 by SRN News

CAIRO (AP) - Pakistan's army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks... Read More.

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

Thursday, April 16 by SRN News

The same ChatGPT chatbot that gave OpenAI's chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages. Friar and other company... Read More.

The Latest: Pakistan’s army chief to meet Iranian officials in Tehran to push new US-Iran talks

Thursday, April 16 by SRN News

Pakistan's army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks of war. In a... Read More.

Asian stocks mostly higher after Wall Street hits record and oil steadies

Thursday, April 16 by SRN News

HONG KONG (AP) - Asian stocks mostly gained while oil prices steadied Thursday over expectations of an extension of a ceasefire in the Iran war and hopes for more talks between the U.S. and Iran. Tokyo's Nikkei 225 jumped 2.4% to 59,549.59. South Korea's Kospi... Read More.

European banks can withstand current shocks, watchdog head says

Wednesday, April 15 by SRN News

By Elizabeth Howcroft PARIS, April 16 (Reuters) - European lenders are resilient enough to absorb current financial and geopolitical shocks but need to prepare for future uncertainties including cybersecurity risks from AI, François-Louis Michaud, the new head of the European Banking Authority, said. Banks' ability to... Read More.

Iran war brings US close to net crude exporter for first time since World War Two

Wednesday, April 15 by SRN News

By Arathy Somasekhar and Georgina McCartney HOUSTON, April 15 (Reuters) - The U.S. nearly turned into a net crude exporter last week for the first time since World War Two as shipments surged close to a record high to meet demand from Asian and European... Read More.

The ‘becoming Chinese’ meme shows China’s soft power moment is here

Wednesday, April 15 by SRN News

BANGKOK (AP) - Have you "become Chinese"? In recent months, 20-somethings around the world have taken over social media with posts enthusing about how they're embracing Chinese ways of life. Videos proclaiming users are "Chinamaxxing," or "in a very Chinese time of their lives" -... Read More.

Elliott takes stake in Japan’s Daikin, calls for higher returns

Wednesday, April 15 by SRN News

By Sam Nussey TOKYO, April 16 (Reuters) - Elliott Investment Management said on Thursday it has taken a stake in Daikin and thinks the manufacturer of air conditioners should improve margins and shareholder returns and review non-core assets. Elliott did not provide further details on the... Read More.

Current Weather

China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war

Could more cattle cause record beef prices to drop? Ranchers say it’s not that simple

Pakistani army chief visits Tehran in bid to broker renewed talks between US and Iran

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

The Latest: Pakistan’s army chief to meet Iranian officials in Tehran to push new US-Iran talks

Asian stocks mostly higher after Wall Street hits record and oil steadies

European banks can withstand current shocks, watchdog head says

Iran war brings US close to net crude exporter for first time since World War Two

The ‘becoming Chinese’ meme shows China’s soft power moment is here

Elliott takes stake in Japan’s Daikin, calls for higher returns

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