Business

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.

GM idles Detroit EV plant, temporarily laying off 1,300 workers

Monday, March 30 by SRN News

By Nora Eckert and David Shepardson DETROIT, March 30 (Reuters) - General Motors is idling a Detroit electric vehicle plant until April 13, extending downtime that began on March 16, the company said on Monday. "Factory ZERO will temporarily adjust production to align EV production with... Read More.

IMAX says CEO taking medical leave

Monday, March 30 by SRN News

March 30 (Reuters) - IMAX said on Monday that CEO Richard Gelfond, who is being treated for pneumonia, was taking a temporary medical leave. The cinema operator's daily operations will be managed by senior executives in coordination with Chairman Darren Throop,... Read More.

Exclusive-Unilever imposes global hiring freeze, citing Middle East war effects, memo says

Monday, March 30 by SRN News

By Richa Naidu LONDON, March 30 (Reuters) - Dove soap maker Unilever has implemented a global hiring freeze "at all levels" that will last at least three months, citing the effects of the widening conflict in the Middle East, according to a memo seen by... Read More.

Unilever nears deal to combine food unit with McCormick, WSJ reports

Monday, March 30 by SRN News

March 30 (Reuters) - Unilever is in advanced talks to combine its food business with U.S. spice maker McCormick, in a deal that includes a cash component of around $16 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.... Read More.

Trading Day: Growth fears snowball

Monday, March 30 by SRN News

By Jamie McGeever ORLANDO, Florida, March 30 (Reuters) - The S&P 500 and Nasdaq hit seven-month lows and bond yields fell on Monday as the Iran war entered its fifth week, with investors increasingly spooked by growth fears over inflation concerns even though oil prices... Read More.

Delaware judge accused of bias reassigns Musk cases

Monday, March 30 by SRN News

By Tom Hals WILMINGTON, Delaware, March 30 (Reuters) - The chief judge on Delaware's corporate court said she will reassign three cases involving Elon Musk to avoid unnecessary media attention after the billionaire entrepreneur complained that her activity on social media had shown bias against... Read More.

Current Weather

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

GM idles Detroit EV plant, temporarily laying off 1,300 workers

IMAX says CEO taking medical leave

Exclusive-Unilever imposes global hiring freeze, citing Middle East war effects, memo says

Unilever nears deal to combine food unit with McCormick, WSJ reports

Trading Day: Growth fears snowball

Delaware judge accused of bias reassigns Musk cases

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