Business

Bill Ackman kicks off roadshow for combined IPO of Pershing Square, new fund

Monday, April 13 by SRN News

April 13 (Reuters) - Bill Ackman's Pershing Square kicked off a roadshow for the U.S. initial public offerings of the billionaire investor's management company and a new fund on Monday. The roadshow launch comes amid a choppy market after weekend talks between the U.S.... Read More.

Exclusive-Chilean copper miner Codelco, contractors fined after deadly mine collapse

Monday, April 13 by SRN News

By Kylie Madry SANTIAGO, April 13 (Reuters) - Chilean state copper miner Codelco was fined by labor authorities after last year's deadly collapse at its El Teniente mine, while three contractors whose workers were killed or injured were sanctioned more heavily, according to inspection records... Read More.

China poised for Q1 GDP growth rebound but Iran war dims 2026 outlook: Reuters poll

Monday, April 13 by SRN News

By Kevin Yao BEIJING, April 13 (Reuters) - China's economy likely regained some momentum in the first quarter on solid exports, but growth is expected to cool over the rest of 2026 as the Middle East crisis threatens to choke corporate profits and sap overseas... Read More.

Volkswagen’s first-quarter deliveries drop 4% on weak China, US

Monday, April 13 by SRN News

By Rachel More BERLIN, April 13 (Reuters) - Volkswagen reported a 4% fall in global deliveries in the first three months of 2026, as weak demand in China and the U.S. weighed on the German automaker. The group is battling to stem losses in key overseas... Read More.

Audi Q1 deliveries fall 6.1% on weak demand in China and North America

Monday, April 13 by SRN News

April 13 (Reuters) - Volkswagen's premium brand Audi on Monday said its first-quarter deliveries fell 6.1%, weighed down by weaker demand in China and North America. The carmaker delivered 360,106 vehicles in the first three months of 2026. Deliveries in China, Audi's largest market, dropped 12%... Read More.

Hedge funds rush into bullish stocks bets ahead of weekend US-Iran talks, Goldman note says

Monday, April 13 by SRN News

By Nell Mackenzie LONDON, April 13 (Reuters) - Hedge funds last week piled into bets that stocks would rise, on expectations of a ceasefire in Iran, said two Goldman Sachs client notes on Saturday and seen by Reuters on Monday. Their bets were wagered just before... Read More.

Wall Street futures drop after US-Iran peace talks fail

Monday, April 13 by SRN News

April 13 (Reuters) - Wall Street futures slipped on Monday, starting the week on a subdued note, after talks between the U.S. and Iran over the weekend failed to deliver a deal nL6N40V09S to end the war. The declines indicate that any relief from the... Read More.

Morgan Stanley maintains oil price forecasts and predicts slow recovery in supply

Monday, April 13 by SRN News

April 13 (Reuters) - Morgan Stanley left its Brent crude oil price forecasts unchanged on Monday, at $110 a barrel for the second quarter of 2026 and $100 a barrel in the third quarter, falling to $80 a barrel in 2027. The bank said it... Read More.

Sánchez returns to China as Spain seeks deeper ties amid Iran war tensions

Monday, April 13 by SRN News

MADRID (AP) - Spanish Prime Minister Pedro Sánchez is in China again this week, his fourth trip in as many years to the world's number two economy as Spain seeks to strengthen its political and commercial ties with Beijing. His visit comes at a complex... Read More.

Trump family deal spree could open door for future presidents to profit from office

Monday, April 13 by SRN News

NEW YORK (AP) - For decades, presidents avoided even the appearance of profiting from their office. Harry Truman refused to lend his name to any business, even in retirement. Richard Nixon so feared a brother might profit off their ties, he had his phone tapped.... Read More.

Current Weather

Bill Ackman kicks off roadshow for combined IPO of Pershing Square, new fund

Exclusive-Chilean copper miner Codelco, contractors fined after deadly mine collapse

China poised for Q1 GDP growth rebound but Iran war dims 2026 outlook: Reuters poll

Volkswagen’s first-quarter deliveries drop 4% on weak China, US

Audi Q1 deliveries fall 6.1% on weak demand in China and North America

Hedge funds rush into bullish stocks bets ahead of weekend US-Iran talks, Goldman note says

Wall Street futures drop after US-Iran peace talks fail

Morgan Stanley maintains oil price forecasts and predicts slow recovery in supply

Sánchez returns to China as Spain seeks deeper ties amid Iran war tensions

Trump family deal spree could open door for future presidents to profit from office

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