Business

IMF’s Georgieva expects war to trigger demand for up to $50 billion in Fund support

Thursday, April 9 by SRN News

By Andrea Shalal WASHINGTON, April 9 (Reuters) - International Monetary Fund chief Kristalina Georgieva on Thursday said the global lender expected near-term demand for IMF financial support to rise to between $20 billion to $50 billion as a result of spillovers from the war in... Read More.

On a New Kids on the Block cruise, Emma Straub found a way past grief

Thursday, April 9 by SRN News

Emma Straub wrote her 2022 novel "This Time Tomorrow" - about a woman who is able to return to her 16th birthday and spend time with her father as a healthy young man - as her own father's health was declining. It was a... Read More.

Average US long-term mortgage rate eases to 6.37% after rising five weeks in a row

Thursday, April 9 by SRN News

The average long-term U.S. mortgage rate eased this week, a modest relief for prospective homebuyers who have been facing higher borrowing costs as mortgage rates climbed to the highest level in nearly seven months. The benchmark 30-year fixed rate mortgage rate dropped to 6.37% from... Read More.

VW to stop making its top electric vehicle in the US

Thursday, April 9 by SRN News

By Kalea Hall DETROIT, April 9 (Reuters) - Volkswagen said on Thursday it will end production of the ID.4 electric SUV out of its Tennessee plant this month, citing a challenging time for the U.S. electric vehicle market. Automakers have scaled back or canceled production... Read More.

Argentina approves Milei’s bill that eases protections for glaciers, despite environmental backlash

Thursday, April 9 by SRN News

BUENOS AIRES, Argentina (AP) - Argentina's Congress on Thursday approved a controversial bill promoted by libertarian President Javier Milei that eases glacier protections to facilitate investments in mining for metals - a move environmental groups vow to challenge in courts. The legislation - which was... Read More.

US wholesale inventories post biggest increase in 13 months

Thursday, April 9 by SRN News

WASHINGTON, April 9 (Reuters) - U.S. wholesale inventories increased by the most in 13 months in February, boosted by sharp rises in the stocks of professional and electrical equipment, government data showed on Thursday. Stocks at wholesalers rebounded 0.8%, the largest increase since January 2025,... Read More.

Carlyle private credit fund bleeds out amid industry-wide investor exodus

Thursday, April 9 by SRN News

April 9 (Reuters) - Carlyle's flagship private-credit interval fund has been hit by a wave of redemptions, according to a shareholder letter seen by Reuters on Thursday, as an investor exodus over fears of a looming downturn in the sector continues. A spate of credit... Read More.

USA Rare Earth considers building French magnet plant

Thursday, April 9 by SRN News

By Eric Onstad LONDON, April 9 (Reuters) - USA Rare Earth is considering building a permanent magnet plant in France, its CEO said on Thursday, after agreeing to pay 40 million euros ($47 million) for a stake in French rare earth processing firm Carester. The United... Read More.

Nike in exclusive talks to be match ball provider for UEFA men’s club from 2027

Thursday, April 9 by SRN News

April 9 (Reuters) - The joint venture between UEFA and European Football Clubs, UC3, said on Thursday it has entered exclusive negotiations with Nike to become the official match ball provider for all UEFA men's club competitions from 2027 to 2031. A deal would mark... Read More.

Brazil court removes BYD from list of firms linked to forced labor

Thursday, April 9 by SRN News

RIO DE JANEIRO, April 9 (Reuters) - A Brazilian court issued an injunction removing Chinese automaker BYD from a government list of firms accused of employing workers in slavery-like conditions, a document seen by Reuters on Thursday showed. (Reporting by Fabio Teixeira) Brought to you... Read More.

Current Weather

IMF’s Georgieva expects war to trigger demand for up to $50 billion in Fund support

On a New Kids on the Block cruise, Emma Straub found a way past grief

Average US long-term mortgage rate eases to 6.37% after rising five weeks in a row

VW to stop making its top electric vehicle in the US

Argentina approves Milei’s bill that eases protections for glaciers, despite environmental backlash

US wholesale inventories post biggest increase in 13 months

Carlyle private credit fund bleeds out amid industry-wide investor exodus

USA Rare Earth considers building French magnet plant

Nike in exclusive talks to be match ball provider for UEFA men’s club from 2027

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