Business

Mercedes reports drop in Q1 sales during ‘transition year’ for China market

Thursday, April 9 by SRN News

BERLIN, April 9 (Reuters) - Mercedes-Benz reported another drop in sales in its core car business in the first quarter of 2026 as the German premium carmaker lost further ground in the tough Chinese market amid an overhaul of its lineup there. Quarterly sales fell... Read More.

US container imports down 1% in March, Descartes says

Thursday, April 9 by SRN News

By Lisa Baertlein LOS ANGELES, April 9 (Reuters) - U.S. container import volumes fell 1.1% in March from last year, supply chain technology provider Descartes Systems Group said on Thursday. U.S. seaports last month handled 2,353,611 20-foot equivalent units (TEUs), the standard measure for container volume. While... Read More.

US stock futures dip over shaky Mideast truce; inflation in focus

Thursday, April 9 by SRN News

April 9 (Reuters) - U.S. stock futures inched lower on Thursday after the indexes rallied in the previous session, as cracks emerged in the fragile Middle East ceasefire, while investors turned their focus to a domestic inflation reading later in the day. U.S.... Read More.

Exclusive-Iran war doubles Russia’s main oil revenue to $9 billion in April, Reuters calculations show

Thursday, April 9 by SRN News

MOSCOW, April 9 (Reuters) - Russia will see revenue from its biggest single oil tax double to $9 billion in April due to the oil and gas crisis triggered by the U.S. and Israeli attack on Iran, Reuters calculations showed on Thursday. The Reuters calculation... Read More.

Morning Bid: Relief rally hits pause

Thursday, April 9 by SRN News

By Amanda Cooper April 9 (Reuters) - A look at the day ahead in U.S. and global markets by Amanda Cooper Wednesday's relief rally looked fragile heading into Thursday, as the recently agreed two‑week Iran ceasefire wobbled, with Washington and Tehran differing on what the... Read More.

Dubai’s DAE and Blackstone launch $1.6 billion annual aircraft leasing programme

Thursday, April 9 by SRN News

By Hadeel Al Sayegh April 9 (Reuters) - Dubai Aerospace Enterprise and Blackstone Credit and Insurance have agreed to launch a joint aircraft leasing investment programme targeting annual deployment of approximately $1.6 billion, the companies said on Thursday. The programme, branded Equator, will build a portfolio... Read More.

EV maker Polestar’s quarterly sales rise as Europe momentum continues

Thursday, April 9 by SRN News

April 9 (Reuters) - Sweden's Polestar reported a 7% rise in first-quarter sales volume on Thursday, as the EV maker benefitted from its Europe-focused strategy to drive demand amid tariff-driven uncertainty and high costs. The company's first-quarter sales rose to 13,126 vehicles, compared with 12,263... Read More.

Uniqlo-owner Fast Retailing flags record year after strong quarter

Thursday, April 9 by SRN News

By Rocky Swift TOKYO, April 9 (Reuters) - The Japanese owner of clothing brand Uniqlo raised its full-year forecast on Thursday, flagging another record year, as international growth produced a stronger-than-expected jump in quarterly profit. Fast Retailing said its operating profit rose 29.4% to 189.8 billion... Read More.

Lucky Strike maker BAT brings back former executive to fill CFO role

Thursday, April 9 by SRN News

April 9 (Reuters) - British American Tobacco named Dragos Constantinescu as its chief financial officer on Thursday, bringing back a former executive who had spent 16 years at the tobacco giant before moving to Asahi Breweries, Japan's largest brewer. The appointment follows the abrupt departure... Read More.

UniCredit flags risk of losing key staff, clients in a Commerzbank tie-up

Thursday, April 9 by SRN News

MILAN, April 9 (Reuters) - Italian bank UniCredit said the uncertainty arising from an integration with Commerzbank could cause employees "with fundamental institutional knowledge" to leave, potentially leading to client loss for both lenders. UniCredit, which owns almost 30% of Commerzbank, last month... Read More.

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Current Weather

Mercedes reports drop in Q1 sales during ‘transition year’ for China market

US container imports down 1% in March, Descartes says

US stock futures dip over shaky Mideast truce; inflation in focus

Exclusive-Iran war doubles Russia’s main oil revenue to $9 billion in April, Reuters calculations show

Morning Bid: Relief rally hits pause

Dubai’s DAE and Blackstone launch $1.6 billion annual aircraft leasing programme

EV maker Polestar’s quarterly sales rise as Europe momentum continues

Uniqlo-owner Fast Retailing flags record year after strong quarter

Lucky Strike maker BAT brings back former executive to fill CFO role

UniCredit flags risk of losing key staff, clients in a Commerzbank tie-up

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