Business

Exclusive-Russian oil output cuts are unavoidable as drone attacks shrink exports, sources say

Thursday, April 2 by SRN News

April 2 (Reuters) - Russian oil output cuts are imminent because Ukraine's strikes on port infrastructure, pipelines and refineries have reduced export capability by 1 million barrels per day, or a fifth of total capacity, three industry sources said on Thursday. A cut in output... Read More.

Morning Bid: No Easter truce

Thursday, April 2 by SRN News

By Mike Dolan April 2 - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Market hopes that President Trump might signal an immediate end to the Iran conflict were dashed overnight after his prime-time address talked of another two... Read More.

Wall Street sees multi-billion dollar debut for Lilly’s obesity pill despite Novo lead

Thursday, April 2 by SRN News

April 2 (Reuters) - Eli Lilly's newly approved weight-loss pill is expected to generate billions in sales as soon as this year, with analysts betting it will quickly narrow Novo Nordisk's head start in the oral market. Brokerages estimate 2026 sales of $1.5 billion to... Read More.

Factbox-Global companies delay IPOs and slash dividends as Middle East conflict rattles markets

Thursday, April 2 by SRN News

April 2 (Reuters) - The Middle East conflict has significantly impacted global financial markets, affected logistics and hindered the supply of raw materials integral to a host of industries. Below is a list of some of the companies reacting to the crisis by postponing... Read More.

Netflix searches for franchises after losing out on Harry Potter

Thursday, April 2 by SRN News

By Dawn Chmielewski and Lisa Richwine LOS ANGELES, April 2 (Reuters) - After losing its bid for Warner Bros Discovery's rich trove of characters and stories, Netflix is forging ahead with the challenging work of building culture-defining franchises on its own. Chief Creative Officer Bela Bajaria... Read More.

Tesla’s China-made EV sales rise for second straight quarter

Thursday, April 2 by SRN News

BEIJING, April 2 (Reuters) - Tesla's China-made electric vehicle sales rose for a second consecutive quarter, holding up despite intensifying competition as the U.S. automaker broadened its focus beyond EVs. Sales of Model 3 and Model Y cars made in Tesla's Shanghai factory, including exports... Read More.

Tariff-struck companies exploring loans backed by refund claims

Thursday, April 2 by SRN News

By Laura Matthews and Timothy Aeppel NEW YORK, April 2 (Reuters) - Some tariff-whiplashed companies are exploring using refund claims as collateral for loans, in the latest example of creative financing arising from the complicated process of getting refunds from Donald Trump's now-overturned "Liberation Day"... Read More.

Iran war disrupts US small businesses with shipping complications and higher costs

Thursday, April 2 by SRN News

NEW YORK (AP) - The Iran war is making life more difficult for small business owners across the country, who are grappling with shipping complications, higher costs and consumers tightening their grip on their wallets. A shoe designer is struggling to import its shoes from... Read More.

Hopes dim for swift end to Iran war after Trump speech, oil prices surge

Thursday, April 2 by SRN News

By Steve Holland and Enas Alashray WASHINGTON/CAIRO, April 2 (Reuters) - Hopes for a swift end to the Middle East war faded on Thursday after U.S. President Donald Trump vowed more aggressive strikes on Iran, disappointing investors hoping for clearer signals of a way out... Read More.

Current Weather

Exclusive-Russian oil output cuts are unavoidable as drone attacks shrink exports, sources say

Morning Bid: No Easter truce

Wall Street sees multi-billion dollar debut for Lilly’s obesity pill despite Novo lead

Factbox-Global companies delay IPOs and slash dividends as Middle East conflict rattles markets

McDonald’s tries a simpler approach with its new McValue menu

Netflix searches for franchises after losing out on Harry Potter

Tesla’s China-made EV sales rise for second straight quarter

Tariff-struck companies exploring loans backed by refund claims

Iran war disrupts US small businesses with shipping complications and higher costs

Hopes dim for swift end to Iran war after Trump speech, oil prices surge

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