Business

Theater group says Paramount, Warner Bros merger ‘harmful’ to industry

Tuesday, April 14 by SRN News

By Lisa Richwine LAS VEGAS, April 14 (Reuters) - Paramount Skydance's proposed purchase of Warner Bros Discovery will consolidate too much power in one company and cause harm to consumers and the industry, the head of a cinema trade group said on Tuesday at the... Read More.

Aurubis CEO expects US copper demand to reduce Comex stockpile

Tuesday, April 14 by SRN News

By Tom Daly SANTIAGO, April 14 (Reuters) - The massive copper stockpile on the U.S. Comex exchange should be drawn down in the coming months as local demand kicks in, the CEO of German copper producer Aurubis said on Tuesday. There are 532,000 metric tons of... Read More.

Long Iran war may require painful central bank tightening, IMF chief economist says

Tuesday, April 14 by SRN News

By David Lawder WASHINGTON, April 14 (Reuters) - Central banks may need to inflict much more economic pain to control inflation fueled by a long Middle East war than they did to control the spike in prices after the pandemic, the International Monetary Fund's chief... Read More.

Banks show trading strength, caution on economic risk

Tuesday, April 14 by SRN News

April 14 (Reuters) - Wall Street banks reported booming trading revenues after a volatile first quarter but sounded caution about the ripple impact of higher oil and geopolitical risk on clients. Market volatility tends to be a boon for trading desks at large banks,... Read More.

Warner Bros. to take the stage at CinemaCon as filmmakers oppose Paramount acquisition

Tuesday, April 14 by SRN News

LAS VEGAS (AP) - Fresh off best picture, best actor and best director wins at the Oscars last month, Warner Bros. is presenting its upcoming slate to movie theater owners. The storied studio will take the main stage at Caesar's Palace in Las Vegas Tuesday... Read More.

Suspect in Molotov attack at Sam Altman’s California home set to appear in court

Tuesday, April 14 by SRN News

SAN FRANCISCO (AP) - The man accused of trying to kill OpenAI CEO Sam Altman by throwing a Molotov cocktail at his San Francisco home is set to make an initial court appearance Tuesday. Daniel Moreno-Gama, of Spring, Texas, traveled to San Francisco last week... Read More.

US Democratic lawmaker pushes for probe into oil trades after Reuters report

Tuesday, April 14 by SRN News

April 14 (Reuters) - U.S. Democratic Congressman Ritchie Torres on Tuesday wrote to U.S. market regulators pushing for an investigation into large oil trades placed just hours before the announcement of the U.S.-Iran ceasefire that Reuters first reported last week. Torres, who wrote to regulators... Read More.

Exclusive-UBS CEO Ermotti may stay late into 2027 due to new rules, succession gap, sources say

Tuesday, April 14 by SRN News

By Oliver Hirt and Ariane Luthi ZURICH, April 14 (Reuters) - Sergio Ermotti could stay as CEO well into the second half of 2027 to steer UBS through a regulatory overhaul and give the board more time to replace him, as an obvious internal successor... Read More.

Analysis-Higher oil prices, higher yields, no more rate cuts? No problem for US stocks

Tuesday, April 14 by SRN News

By Lewis Krauskopf NEW YORK, April 14 (Reuters) - The U.S. stock market is back to where it was when the Iran war began over six weeks ago, which investors say is a reflection of bets that the conflict will not be long-lasting. But what... Read More.

Gunvor’s net profits fell sharply in management buyout year

Tuesday, April 14 by SRN News

LONDON, April 14 (Reuters) - Global commodity trading house Gunvor recorded an 85% drop in net profits in 2025 to $104 million, according to financial results released on Tuesday. The sharp drop came during a year when Gunvor employees staged a management buyout to... Read More.

Current Weather

Aurubis CEO expects US copper demand to reduce Comex stockpile

Long Iran war may require painful central bank tightening, IMF chief economist says

Banks show trading strength, caution on economic risk

Warner Bros. to take the stage at CinemaCon as filmmakers oppose Paramount acquisition

Suspect in Molotov attack at Sam Altman’s California home set to appear in court

US Democratic lawmaker pushes for probe into oil trades after Reuters report

Exclusive-UBS CEO Ermotti may stay late into 2027 due to new rules, succession gap, sources say

Analysis-Higher oil prices, higher yields, no more rate cuts? No problem for US stocks

Gunvor’s net profits fell sharply in management buyout year

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