Business

Growing number of Brazilian companies seek out-of-court debt fixes amid high rates

Monday, July 6 by SRN News

By Victoria Pacheco and Luciana Magalhaes SAO PAULO, July 6 (Reuters) - Markets were rattled earlier this year when sugar and ethanol company Raizen sought Brazil's largest-ever out-of-court debt restructuring at $12.5 billion. But the company was hardly alone. After years of punishingly steep interest rates... Read More.

Analysis-US back-to-school bargain hunt starts early as higher bills pressure families

Monday, July 6 by SRN News

By Juveria Tabassum July 6 (Reuters) - American families are diving into back-to-school deals earlier than ever this year, snapping up discounts on backpacks, electronics and other school essentials even as higher food and gas prices leave many feeling stretched. Amazon.com, Walmart, Target and Best Buy... Read More.

SK Hynix launches $28 billion US listing, draws $7 billion in investor interest

Monday, July 6 by SRN News

July 6 (Reuters) - South Korean chipmaker SK Hynix on Monday launched a U.S. share sale to raise 43 trillion won ($28.07 billion) and drew indications of interest for up to $7 billion from major investors, as it capitalises on the global AI boom... Read More.

Morning Bid: From payrolls to profits

Monday, July 6 by SRN News

By Anna Szymanski July 6 (Reuters) - What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Markets began the week on a mixed note, with Asian shares easing and Wall Street futures ticking up before the bell on Monday... Read More.

Trump rings Wall Street’s opening bells as he ties his presidency to stock market gains

Monday, July 6 by SRN News

WASHINGTON (AP) - President Donald Trump on Monday gets to ring the opening bells for the New York Stock Exchange and the Nasdaq from the golden confines of the Oval Office, a symbolic act that reflects how he has increasingly tied his presidency to... Read More.

Volkswagen CEO faces acid test from unions over swingeing job cut plans

Monday, July 6 by SRN News

By Nick Carey, Christina Amann and Rachel More LONDON/BERLIN, July 6 (Reuters) - Volkswagen CEO Oliver Blume faces perhaps the biggest test of his leadership this week: persuading the German carmaker's supervisory board to accept painful job cuts and factory closures as it struggles to... Read More.

EasyJet shares jump 10% after airline backs $7.3 billion Castlelake takeover

Monday, July 6 by SRN News

July 6 (Reuters) - Shares in easyJet rose 10% in early trading on Monday after the British budget airline agreed in principle to a £5.5 billion ($7.34 billion) takeover proposal from U.S. investment firm Castlelake over the weekend. EasyJet said on Sunday it was prepared... Read More.

Analysis-World absorbs historic Iran war oil supply loss, but depleted stocks bring risks

Monday, July 6 by SRN News

By Dmitry Zhdannikov, Robert Harvey and Ahmad Ghaddar LONDON, July 6 (Reuters) - The world has absorbed with surprising ease the loss of over a billion barrels of oil supply since the Iran war began, but, with long-term peace elusive and buffer reserves now drained,... Read More.

Nonprofits and brands are navigating the partisan air of the 250th in search of a unifying tone

Monday, July 6 by SRN News

NEW YORK (AP) - The United States' 250th birthday carries ambitions to galvanize Americans behind nationwide community-service drives and patriotic brand launches. Well-known U.S. nonprofits hope to inspire a record-setting level of volunteerism, while major companies such as Walmart and Coca-Cola are sponsoring tributes... Read More.

Another Philippine senator arrested for alleged large-scale corruption

Monday, July 6 by SRN News

MANILA, Philippines (AP) - A Philippine senator was arrested Monday and charged under the country's anti-corruption statutes, becoming the latest member of the upper legislative chamber to be arrested in more than a month over suspicion of large-scale graft. Sen. Rodante Marcoleta, who denies committing... Read More.

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Current Weather

Growing number of Brazilian companies seek out-of-court debt fixes amid high rates

Analysis-US back-to-school bargain hunt starts early as higher bills pressure families

SK Hynix launches $28 billion US listing, draws $7 billion in investor interest

Morning Bid: From payrolls to profits

Trump rings Wall Street’s opening bells as he ties his presidency to stock market gains

Volkswagen CEO faces acid test from unions over swingeing job cut plans

EasyJet shares jump 10% after airline backs $7.3 billion Castlelake takeover

Analysis-World absorbs historic Iran war oil supply loss, but depleted stocks bring risks

Nonprofits and brands are navigating the partisan air of the 250th in search of a unifying tone

Another Philippine senator arrested for alleged large-scale corruption

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