Business

Fecal Matter — the fashion brand, that is — is suddenly everywhere

Friday, August 7 by SRN News

The brand name behind recent showstopping fashion moments isn't quite as delicate as their romantic and otherworldly looks. When asked what an ethereal Zendaya was wearing for the "Odyssey" premiere in New York, her stylist Law Roach responded: "Fecal Matter." Zendaya's angelic strapless gown with... Read More.

As blackouts stretch for days, life in Cuba revolves around small bursts of electricity

Friday, August 7 by SRN News

HAVANA (AP) - A 20-minute burst of electricity is a small miracle in Havana nowadays - a miracle that sometimes comes at 3 a.m. That's when 72-year-old Leidis Rodríguez frantically cooked beans after the lights switched on this week following hours of uninterrupted blackouts. "The... Read More.

Markets aren’t going on a summer holiday

Friday, August 7 by SRN News

Aug 7 (Reuters) - No time for a break. Even in the middle of August, there is plenty of market news to watch. There's possibly more U.S.-Japanese intervention to support the yen, key economic data, and, whether the U.S. will accept an emerging interim deal... Read More.

Analysis-Korean ‘ants’ swarm back to Wall Street as KOSPI rout dents homecoming drive

Friday, August 7 by SRN News

By Yena Park and Jihoon Lee SEOUL, Aug 7 (Reuters) - South Korea's stock market rout is unravelling a government-backed effort to lure retail 'ant' investors home, driving the biggest rush into the U.S. market in six months and reviving a long-standing risk to the... Read More.

Airbus reports stable July deliveries, confirms China orders

Friday, August 7 by SRN News

PARIS, Aug 7 (Reuters) - Airbus needs to deliver an average of 90 jets a month between now and the rest of the year to meet its target after posting flat deliveries in July, company data showed on Friday. At its earnings results last week,... Read More.

S&P 500, Dow futures muted ahead of jobs data; chips, software stocks rise

Friday, August 7 by SRN News

Aug 7 (Reuters) - S&P 500 and Dow futures were little changed on Friday ahead of a key U.S. jobs report that could influence the interest-rate outlook, while Nasdaq futures rose as Microchip Technology and Atlassian's strong forecasts lifted chip and software shares. Wall Street's... Read More.

Norway’s sovereign fund opposes US plan to scrap company climate reporting

Friday, August 7 by SRN News

COPENHAGEN, Aug 7 (Reuters) - Norway's sovereign wealth fund, the world's largest, said on Friday it does not recommend the U.S. Securities and Exchange Commission (SEC) to outright scrap regulations that require companies to disclose their climate-related risks and spending. The SEC in late May... Read More.

A Russian retail giant’s warehouse burns after Ukraine’s latest long-range drone attack

Friday, August 7 by SRN News

Ukrainian long-range drones hit a warehouse in the Ural Mountains belonging to Russia's biggest online retailer, more than 2,000 kilometers (1,200 miles) from the two countries' border, local officials and the company said Friday. Ukraine has regularly hit targets in the distant Urals this year... Read More.

Inflation data to test record-setting US stocks, Fed rate views

Friday, August 7 by SRN News

By Lewis Krauskopf NEW YORK, Aug 7 (Reuters) - A sharp technology-led rally that has lifted the U.S. stock market to record peaks will be tested next week by fresh inflation data, which could build the case for the Federal Reserve to raise interest rates. The... Read More.

Global equity funds draw inflows for 11th week as upbeat earnings lift sentiment

Friday, August 7 by SRN News

Aug 7 (Reuters) - Global equity funds recorded inflows for an 11th consecutive week, as optimism about a strong earnings season and cooling crude oil prices boosted investors' appetite for risk assets. Investors poured a net $21.15 billion into global equity funds for the week... Read More.

Current Weather

Fecal Matter — the fashion brand, that is — is suddenly everywhere

As blackouts stretch for days, life in Cuba revolves around small bursts of electricity

Markets aren’t going on a summer holiday

Analysis-Korean ‘ants’ swarm back to Wall Street as KOSPI rout dents homecoming drive

Airbus reports stable July deliveries, confirms China orders

S&P 500, Dow futures muted ahead of jobs data; chips, software stocks rise

Norway’s sovereign fund opposes US plan to scrap company climate reporting

A Russian retail giant’s warehouse burns after Ukraine’s latest long-range drone attack

Inflation data to test record-setting US stocks, Fed rate views

Global equity funds draw inflows for 11th week as upbeat earnings lift sentiment

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