Business

American Exchange Group to buy sneaker maker Allbirds for $39 million

Tuesday, March 31 by SRN News

March 30 (Reuters) - American Exchange Group (AXNY) entered an agreement on Monday to buy all the assets and liabilities of footwear maker Allbirds for $39 million. Here are some details on this: * Allbirds plans to file a proxy statement by... Read More.

Australian $240 billion pension fund snaps up Japanese, European stocks and UK bonds

Tuesday, March 31 by SRN News

By Scott Murdoch SYDNEY, March 31 (Reuters) - Australia's No.2 pension fund has increased its global equities, Australian and British bond investments, some of the world's most sold-off asset classes, in the past month to take advantage of financial market volatility created by the Iran... Read More.

Brent crude set for record monthly gain; Asia shares falter as Iran war rages

Tuesday, March 31 by SRN News

By Rae Wee SINGAPORE, March 31 (Reuters) - Oil prices on Tuesday were set for a record monthly rise while Asian shares were headed for their steepest fall since 2022, capping a tumultuous month as the war in the Middle East stoked fears of higher... Read More.

Cathay Pacific to maintain capacity despite rising jet fuel costs, CEO says

Tuesday, March 31 by SRN News

By Dan Catchpole SEATTLE, March 30 (Reuters) - Cathay Pacific Airways CEO Ronald Lam said on Monday that the airline's short-term priority was to maintain flight capacity, adding that any cutbacks would be a "last resort" even as the conflict in the Middle East drives... Read More.

Oil-thirsty Asian nations seek Russian crude as Iran war strains supplies

Tuesday, March 31 by SRN News

BANGKOK (AP) - Asian nations are increasingly competing for Russian crude oil as an energy crisis mounts amid the month-old war by the U.S. and Israel against Iran, which has choked off roughly a fifth of the world's oil supply. Much of the oil from... Read More.

Oil down 1% after report says Trump open to ending campaign against Iran

Tuesday, March 31 by SRN News

By Mohi Narayan NEW DELHI, March 31 (Reuters) - Oil prices reversed course in Asian trading on Tuesday, paring earlier gains, following a report that U.S. President Donald Trump told aides he is willing to end the Iran war without reopening the Strait of Hormuz.... Read More.

Australia to ban surcharging on payment cards, deliver savings worth A$2.5 billion

Monday, March 30 by SRN News

SYDNEY, March 31 (Reuters) - Australia's central bank said on Tuesday that it would end surcharges on debit and credit card payments for consumers from October 1, while lowering interchange fees paid by businesses in steps estimated to save about A$2.5 billion a year.... Read More.

Brazil’s Natura announces stake purchase by Advent as founders exit board

Monday, March 30 by SRN News

SAO PAULO, March 30 (Reuters) - Brazilian cosmetics maker Natura said on Monday that U.S. private equity firm Advent has signed a binding agreement to buy a stake in the company, while also announcing a board reshuffle that includes the departure of its founders. ... Read More.

Trump threatens to destroy Iran’s desalination plants. Here’s what that could mean for the Mideast

Monday, March 30 by SRN News

U.S. President Donald Trump on Monday threatened to target Iran's energy infrastructure, including the country's desalination plants. Such a move - and Iran's possible targeting of the plants of its Gulf Arab neighbors - could have devastating impacts across the water-starved Middle East. In... Read More.

Australia investigates tech giants over social media ban compliance

Monday, March 30 by SRN News

SYDNEY, March 31 (Reuters) - The Australian internet regulator said it was investigating five of the biggest social media platforms for suspected breaches of its new under-16 ban, its strongest signal yet that companies may face enforcement action under a world-first regime. The announcement marks... Read More.

Current Weather

Australian $240 billion pension fund snaps up Japanese, European stocks and UK bonds

Brent crude set for record monthly gain; Asia shares falter as Iran war rages

Cathay Pacific to maintain capacity despite rising jet fuel costs, CEO says

Oil-thirsty Asian nations seek Russian crude as Iran war strains supplies

Oil down 1% after report says Trump open to ending campaign against Iran

Australia to ban surcharging on payment cards, deliver savings worth A$2.5 billion

Brazil’s Natura announces stake purchase by Advent as founders exit board

Trump threatens to destroy Iran’s desalination plants. Here’s what that could mean for the Mideast

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