Business

Analysis-Blockbuster SpaceX listing could suck the oxygen out of fragile IPO market

Tuesday, April 7 by SRN News

By Manya Saini April 7 (Reuters) - As Elon Musk's SpaceX closes in on a $75 billion IPO that could rewrite record books, concerns are mounting that others looking to list in 2026 may find it harder to get deals done under the shadow of... Read More.

Morning Bid: Final countdown?

Tuesday, April 7 by SRN News

By Anna Szymanski April 7 (Reuters) - What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Markets are once again held in suspense as traders count down to President Donald Trump's latest deadline for Iran to reopen the Strait... Read More.

Some firms in Saudi extend work from home ahead of Iran ultimatum

Tuesday, April 7 by SRN News

April 7 (Reuters) - Some Western and Saudi firms in Riyadh have extended work-from-home advisories this week, five people familiar with the matter said, amid concern over a looming U.S.-imposed deadline for Iran to open the Strait of Hormuz or face "hell". In Gulf... Read More.

Analysis-Soaring costs, fuel shortage fears drive Pakistan to electric motorbikes

Tuesday, April 7 by SRN News

By Ariba Shahid and Sudarshan Varadhan ISLAMABAD/SINGAPORE, April 7 (Reuters) - Days after Iran effectively blocked shipping through the Strait of Hormuz following the start of U.S. and Israeli attacks in late February, two Pakistani electric motorbike outlets 1,400 km (875 miles) away found themselves... Read More.

LG Energy Solution flags Q1 operating loss on weak EV demand

Tuesday, April 7 by SRN News

SEOUL, April 7 (Reuters) - South Korean battery maker LG Energy Solution (LGES) said on Tuesday it expects to post a first-quarter operating loss of 208 billion won ($138.16 million), as weaker demand from electric vehicles (EVs) makers weighed on earnings. That compared with... Read More.

Ford recalls over 420,000 vehicles in US over windshield wiper failure

Tuesday, April 7 by SRN News

April 7 (Reuters) - Ford Motor is recalling 422,613 vehicles in the U.S. over a failure of the windshield wiper, the U.S. National Highway Traffic Safety Administration said on Tuesday. Here are some details: * Recall includes Lincoln Navigator and Ford ExpeditionSUVs,... Read More.

Chinese pigs fed new menu as Beijing weans farmers off US soy

Tuesday, April 7 by SRN News

By Daphne Zhang and Lewis Jackson TAIZHOU, China, April 7 (Reuters) - At the edge of one of the many pig farms spread across the vast, unbroken floodplains of Taizhou, a two-hour drive northwest of Shanghai, a pair of square, four-metre pools of acrid-smelling ochre... Read More.

Morning Bid: A breakthrough deal or a crude awakening?

Tuesday, April 7 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee: Markets are holding their collective breath as optimism over a possible deal to open the Strait of Hormuz clashes with the growing fears of an impasse that could lead to escalation... Read More.

Asian shares are mixed ahead of Trump’s deadline for Iran to reopen oil route

Tuesday, April 7 by SRN News

TOKYO (AP) - Asian shares were mixed in cautious trading Tuesday, as oil prices continued to surge ahead of a deadline that U.S. President Donald Trump set for Iran to reopen the Strait of Hormuz to all shipping traffic or risk its power plants... Read More.

Iran urges youths to protect power plants and Saudi Arabia closes bridge as Trump’s deadline nears

Tuesday, April 7 by SRN News

DUBAI, United Arab Emirates (AP) - Saudi Arabia closed the only road linking it to Bahrain on Tuesday after Iran fired missiles at its oil-rich Eastern Province. Tehran's latest strikes came as Iranian officials urged youths to form human chains around power plants to... Read More.

Current Weather

Analysis-Blockbuster SpaceX listing could suck the oxygen out of fragile IPO market

Morning Bid: Final countdown?

Some firms in Saudi extend work from home ahead of Iran ultimatum

Analysis-Soaring costs, fuel shortage fears drive Pakistan to electric motorbikes

LG Energy Solution flags Q1 operating loss on weak EV demand

Ford recalls over 420,000 vehicles in US over windshield wiper failure

Chinese pigs fed new menu as Beijing weans farmers off US soy

Morning Bid: A breakthrough deal or a crude awakening?

Asian shares are mixed ahead of Trump’s deadline for Iran to reopen oil route

Iran urges youths to protect power plants and Saudi Arabia closes bridge as Trump’s deadline nears

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