Business

Analysis-In a warning sign, analysis shows publicly traded credit funds are unprofitable

Wednesday, July 1 by SRN News

By Nell Mackenzie and Iain Withers LONDON, July 1 (Reuters) - The majority of publicly traded business development companies (BDCs) - the visible part of the private credit market - have turned unprofitable due to falling asset values and rising costs, a Reuters analysis... Read More.

Mega-deals fuel record M&A as boards dream big on takeovers

Wednesday, July 1 by SRN News

By Anousha Sakoui, Echo Wang and Kane Wu LONDON/NEW YORK/HONG KONG, July 1 (Reuters) - A surge in $10-billion-plus "mega-deals" drove global M&A to record levels in the first half of 2026, LSEG data shows, as some companies took advantage of an easier regulatory... Read More.

Foreign bids help drive UK targeted M&A to new highs over $231 billion already in 2026

Wednesday, July 1 by SRN News

By Anousha Sakoui and Samuel Indyk LONDON, July 1 (Reuters) - A rush of foreign bids for UK companies has put Britain on track to outstrip all previous records for dealmaking in 2026, with the total value of offers for the country's companies rising... Read More.

Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis

Wednesday, July 1 by SRN News

The lines are growing at Russian gas stations - and so is the frustration and uncertainty as several months of Ukrainian attacks have set oil refineries ablaze and choked supplies for motorists across the vast country. Fuel rationing has been introduced in many regions, with... Read More.

South Korea exports post strongest growth since 1978 on AI chip boom

Tuesday, June 30 by SRN News

By Jihoon Lee SEOUL, July 1 (Reuters) - South Korea's exports expanded at the strongest pace in nearly half a century last month, smashing forecasts, on a surge in chip sales propelled by the global boom in AI investment. Exports from Asia's fourth-largest economy rose... Read More.

South32 CEO open to M&A following Alcoa asset sale

Tuesday, June 30 by SRN News

MELBOURNE, July 1 (Reuters) - South32 CEO Matthew Daley said on Wednesday he was open to mergers and acquisitions but any deal must add value to the company, after the diversified miner agreed to sell the bulk of its aluminium portfolio to Alcoa for... Read More.

Japan business mood hits 8-year high, builds case for BOJ rate hikes

Tuesday, June 30 by SRN News

By Leika Kihara TOKYO, July 1 (Reuters) - Japanese business mood climbed to an eight-year high and corporate inflation expectations rose to record levels, a quarterly survey showed, underlining the economy's resilience to the Middle East war and bolstering the case for more rate hikes. The... Read More.

Share and bond markets turn cautious in Asia, yen on ropes

Tuesday, June 30 by SRN News

By Wayne Cole SYDNEY, July 1 (Reuters) - Asian share markets started the new quarter in a cautious mood on Wednesday as talks between the United States and Iran hit new hurdles, while investors were on alert for possible Japanese intervention as... Read More.

Yen sinks to four-decade low as dollar gets yields boost

Tuesday, June 30 by SRN News

By Rae Wee SINGAPORE, July 1 (Reuters) - The dollar got a boost from a sharp rise in Treasury yields and pushed the yen to a 40-year trough on Wednesday, as traders braced for a crucial U.S. jobs report and ramped up bets on an... Read More.

Australia weighs break-up of Big Four accounting firms after scandals

Tuesday, June 30 by SRN News

By Christine Chen and Scott Murdoch SYDNEY, July 1 (Reuters) - The Australian government said on Wednesday it was considering breaking up the Big Four accounting firms and bringing them under the corporate regulator's purview following some high-profile scandals in the sector. The proposals, outlined in... Read More.

Current Weather

Analysis-In a warning sign, analysis shows publicly traded credit funds are unprofitable

Mega-deals fuel record M&A as boards dream big on takeovers

Foreign bids help drive UK targeted M&A to new highs over $231 billion already in 2026

Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisis

South Korea exports post strongest growth since 1978 on AI chip boom

South32 CEO open to M&A following Alcoa asset sale

Japan business mood hits 8-year high, builds case for BOJ rate hikes

Yen sinks to four-decade low as dollar gets yields boost

Australia weighs break-up of Big Four accounting firms after scandals

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