Business

Asian airlines’ Europe windfall fades as Gulf rivals rebound

Tuesday, June 30 by SRN News

By Julie Zhu and Christine Chen HONG KONG/SYDNEY, July 1 (Reuters) - Asian airlines that gained passengers and charged higher fares on European routes after the start of the Iran conflict are seeing those advantages erode as Gulf carriers restore flights and offer lower ticket... Read More.

Asian shares trade mixed as worries over Iran-US deal remain

Tuesday, June 30 by SRN News

TOKYO (AP) - Asian shares were trading mixed early Wednesday, as uncertainty remained about an initial deal to end the war in Iran and access to the crucial Strait of Hormuz. Japan's benchmark Nikkei 225 added 0.6% to 70,463.72. Australia's S&P/ASX 200 lost 0.4%... Read More.

EU slaps €3 fee on cheap ecommerce parcels in blow to Shein, Temu, AliExpress

Tuesday, June 30 by SRN News

By Helen Reid and Philip Blenkinsop BRUSSELS/LONDON, July 1 (Reuters) - Europe on Wednesday took a first step towards curbing what it calls unfair competition from online retailers such as Shein, Temu and AliExpress by imposing a €3 fee on low-value e-commerce imports from China... Read More.

Getty Images scraps $3.7 billion merger with Shutterstock over UK scrutiny

Tuesday, June 30 by SRN News

By Jaspreet Singh June 30 (Reuters) - Getty Images said on Tuesday it has called off its planned merger with Shutterstock due to the UK competition regulator's requirement to sell Shutterstock's editorial business as a condition for approval. Two of the largest players in the licensed... Read More.

Exclusive-Energy drink and supplements company Nutrabolt picks banks for US IPO, sources say

Tuesday, June 30 by SRN News

By Abigail Summerville and Echo Wang NEW YORK, June 30 (Reuters) - Nutrabolt, an energy drink and supplements company, has picked investment banks to lead an initial public offering that could raise up to $1 billion, according to four people familiar with the matter. ... Read More.

KKR to buy EDF’s renewable power assets in US, Canada for $4.2 billion

Tuesday, June 30 by SRN News

June 30 (Reuters) - Private equity firm KKR said on Tuesday it will buy the operations and assets of EDF's North American renewable energy unit in the U.S. and Canada for $4.2 billion. EDF Power Solutions' assets are being sold as the parent company, French... Read More.

South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 billion

Tuesday, June 30 by SRN News

July 1 (Reuters) - Australia's South32 said on Wednesday it has agreed to sell most of its aluminium assets to Alcoa for an implied enterprise value of up to $5.6 billion, as the diversified miner moves to simplify its business. Under the deal, Alcoa will... Read More.

Exclusive-South Bow, Bridger to develop new oil pipeline from Wyoming to Cushing, Oklahoma

Tuesday, June 30 by SRN News

By Arathy Somasekhar and Amanda Stephenson HOUSTON, June 30 (Reuters) - Canada's South Bow and U.S.-based Bridger Pipeline plan to jointly develop a new oil pipeline from Guernsey, Wyoming, to Cushing, Oklahoma, the companies told Reuters on Tuesday. The project will be developed along a... Read More.

OpenAI film ‘Artificial,’ dropped by Amazon, finds a new home with Neon

Tuesday, June 30 by SRN News

NEW YORK (AP) - "Artificial," Luca Guadagnino's starry film about Sam Altman and OpenAI, has been acquired by the indie distributor Neon after it was dropped by Amazon MGM Studios. Neon said Tuesday that it bought the film following a bidding process. Amazon dropped... Read More.

Trump filing shows he took in about $1.2 billion from crypto businesses last year

Tuesday, June 30 by SRN News

NEW YORK (AP) - President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released Tuesday shows, locking in profits while his investors were socked with losses. Mere startups when he took the oath of office, the... Read More.

Current Weather

Asian airlines’ Europe windfall fades as Gulf rivals rebound

Asian shares trade mixed as worries over Iran-US deal remain

EU slaps €3 fee on cheap ecommerce parcels in blow to Shein, Temu, AliExpress

Getty Images scraps $3.7 billion merger with Shutterstock over UK scrutiny

Exclusive-Energy drink and supplements company Nutrabolt picks banks for US IPO, sources say

KKR to buy EDF’s renewable power assets in US, Canada for $4.2 billion

South32 to sell bulk of aluminium portfolio to Alcoa for up to $5.6 billion

Exclusive-South Bow, Bridger to develop new oil pipeline from Wyoming to Cushing, Oklahoma

OpenAI film ‘Artificial,’ dropped by Amazon, finds a new home with Neon

Trump filing shows he took in about $1.2 billion from crypto businesses last year

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