Business

Flavio Bolsonaro proposes keeping Brazil’s Pix away from non-Western payment networks

Thursday, July 2 by SRN News

By Marcela Ayres BRASILIA, July 2 (Reuters) - Senator Flavio Bolsonaro, President Luiz Inacio Lula da Silva's main rival ahead of Brazil's October presidential election, has proposed barring the country's digital payment system Pix from integration with non-Western cross-border settlement systems, arguing the move would... Read More.

Kioxia readies next-gen memory mass production as AI boom fuels dramatic comeback

Thursday, July 2 by SRN News

By Kentaro Okasaka TOKYO, July 3 (Reuters) - Kioxia will on Friday hold a ceremony at its fab in northern Japan as the chipmaker, whose shares have rocketed due to the AI investment boom, prepares to mass manufacture next-generation memory. The growth of AI has fueled... Read More.

Chinese copper foil maker Londian Wason Energy Tech files for US IPO

Thursday, July 2 by SRN News

July 2 (Reuters) - Chinese copper foil maker Londian Wason Energy Tech filed for an initial public offering in the United States on Thursday, seeking to capitalize on growing demand from electric vehicle makers. The U.S. IPO market is approaching levels last seen three years... Read More.

The Media Line: Israel Ranks 18th Worldwide in Average Personal Wealth, UBS Reports

Thursday, July 2 by SRN News

Israel Ranks 18th Worldwide in Average Personal Wealth, UBS Reports By The Media Line Staff Israel was home to about 195,000 dollar millionaires at the end of 2025, while average personal wealth continued to climb, according to the 2025... Read More.

The Media Line: World Bank Approves $1.25 Billion Loan for Nigeria Under Jobs Program

Thursday, July 2 by SRN News

World Bank Approves $1.25 Billion Loan for Nigeria Under Jobs Program By The Media Line Staff The World Bank has approved a seven-year $1.25 billion loan for Nigeria to support reforms aimed at accelerating private sector investment, creating jobs... Read More.

Democrats accuse Trump-linked fundraisers of fraud over diverted donations for America’s anniversary

Thursday, July 2 by SRN News

WASHINGTON (AP) - Consultants tied to President Donald Trump may have engaged in financial fraud, tricking donors who wanted to support the nation's bipartisan 250th anniversary organizer into sending their money instead to a rival group set up by his administration, according to a... Read More.

JPMorgan cannot stop paying Charlie Javice’s legal bills, Delaware judge rules

Thursday, July 2 by SRN News

July 2 (Reuters) - A Delaware judge on Thursday said JPMorgan Chase must continue paying the legal bills of Charlie Javice, the former finance executive convicted of defrauding the bank, after JPMorgan racked up what it called an "astronomical" amount of expenses. Magistrate Judge Christian... Read More.

Morgan Stanley, Goldman Sachs to match $1,000 contributions to Trump accounts opened for employees’ children

Thursday, July 2 by SRN News

NEW YORK, July 2 (Reuters) - Morgan Stanley and Goldman Sachs announced on Thursday they are matching $1,000 contributions to Trump accounts opened for their eligible employees' children. The program is set to launch on July 4 and will contemplate children born in the... Read More.

Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

Thursday, July 2 by SRN News

The average long-term U.S. mortgage rate fell this week to its lowest level since mid-May, easing borrowing costs for prospective homebuyers. The benchmark 30-year fixed rate mortgage rate fell to 6.43% from 6.49% last week, mortgage buyer Freddie Mac said Thursday. One year ago,... Read More.

Sandwich chain Jersey Mike’s looks to public markets with US IPO filing

Thursday, July 2 by SRN News

By Utkarsh Shetti July 2 (Reuters) - Sandwich chain Jersey Mike's has filed for a U.S. initial public offering, pushing ahead with its plans to go public amid renewed enthusiasm for new listings. The IPO market has rebounded after a brief bout of volatility induced by... Read More.

Current Weather

Flavio Bolsonaro proposes keeping Brazil’s Pix away from non-Western payment networks

Kioxia readies next-gen memory mass production as AI boom fuels dramatic comeback

Chinese copper foil maker Londian Wason Energy Tech files for US IPO

The Media Line: Israel Ranks 18th Worldwide in Average Personal Wealth, UBS Reports

The Media Line: World Bank Approves $1.25 Billion Loan for Nigeria Under Jobs Program

Democrats accuse Trump-linked fundraisers of fraud over diverted donations for America’s anniversary

JPMorgan cannot stop paying Charlie Javice’s legal bills, Delaware judge rules

Morgan Stanley, Goldman Sachs to match $1,000 contributions to Trump accounts opened for employees’ children

Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks

Sandwich chain Jersey Mike’s looks to public markets with US IPO filing

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