Business

Saudi’s Ceer unveils first EVs in bid to build regional auto powerhouse

Monday, September 21 by SRN News

KING ABDULLAH ECONOMIC CITY, Saudi Arabia/LONDON, Sept 21 (Reuters) - Saudi startup Ceer made public its first two fully electric vehicle models on Monday and said it will launch five more models by 2030 as part of Saudi Arabia's goal to create a viable... Read More.

Brazil to use Uruguay’s surplus of beef export quota to China, Lula says

Monday, September 21 by SRN News

SAO PAULO, Sept 21 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Monday that Uruguay had authorized Brazil to use the surplus from its beef export quota to China. "I expressed my gratitude for the authorization granted to Brazil to use... Read More.

Air taxi maker Vertical taps former Airbus executive Fabrice Bregier as chair

Monday, September 21 by SRN News

Sept 21 (Reuters) - Air taxi developer Vertical Aerospace said on Monday it had appointed former Airbus Commercial Aircraft division chief executive Fabrice Bregier as chair of its board of directors. Here are some more details: • The announcement comes as electric vertical take-off and landing... Read More.

Operator of 314 US Wendy’s locations files for bankruptcy protection

Monday, September 21 by SRN News

One of Wendy's largest U.S. franchisees has filed for bankruptcy protection after Wendy's tried to terminate its franchise agreement. Meritage Hospitality Group, which operates 314 Wendy's restaurants in 15 states, said in a statement last week it intends to keep operating its restaurants and paying... Read More.

Flights are disrupted across US Northeast because of technical problems at a key air traffic center

Monday, September 21 by SRN News

Hundreds of flights were canceled in the U.S. Northeast on Monday due to technical problems at a key regional air traffic control center, halting operations at every major airport in the New York City area for several hours just as numerous foreign leaders were... Read More.

Global diesel prices hit record highs, further rises possible

Monday, September 21 by SRN News

By Enes Tunagur and Sam Li LONDON, Sept 21 (Reuters) - Diesel prices have rallied in Europe and the United States to record highs as wars in Iran and Ukraine sharply cut exports from some of the biggest producers such as Russia, Saudi Arabia and... Read More.

Paramount settles with US states in big step towards closing Warner Bros merger, source says

Monday, September 21 by SRN News

By Jody Godoy and Deborah Mary Sophia Sept 21 (Reuters) - Paramount Skydance has settled with California and 11 other states that sued to block its $110 billion acquisition of Warner Bros Discovery, a source familiar with the matter said on Monday, clearing one of... Read More.

Qatar’s wealth fund and JP Morgan Asset Management to launch $20 billion partnership

Monday, September 21 by SRN News

By Federico Maccioni DUBAI, Sept 21 (Reuters) - Qatar's sovereign wealth fund QIA and JP Morgan Asset Management plan to launch a $20 billion strategic partnership across public and private markets in both equities and credit, the two companies said in a statement on Monday. •... Read More.

Wall St opens higher as AI stocks advance, oil slides

Monday, September 21 by SRN News

Sept 21 (Reuters) - Gains in AI stocks boosted the main US stock indexes on Monday, as Treasury yields retreated and crude prices tumbled more than 2% to hit an 11-day low on indications of progress in Middle East negotiations. The Dow Jones Industrial Average... Read More.

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

Monday, September 21 by SRN News

By Howard Schneider WASHINGTON, Sept 21 (Reuters) - Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason the central bank needs to be independent in setting monetary policy, Chicago Fed... Read More.

Current Weather

Saudi’s Ceer unveils first EVs in bid to build regional auto powerhouse

Brazil to use Uruguay’s surplus of beef export quota to China, Lula says

Air taxi maker Vertical taps former Airbus executive Fabrice Bregier as chair

Operator of 314 US Wendy’s locations files for bankruptcy protection

Flights are disrupted across US Northeast because of technical problems at a key air traffic center

Global diesel prices hit record highs, further rises possible

Paramount settles with US states in big step towards closing Warner Bros merger, source says

Qatar’s wealth fund and JP Morgan Asset Management to launch $20 billion partnership

Wall St opens higher as AI stocks advance, oil slides

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

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