Business

Australia court bans ex-Star CEO for six years over money laundering failures

Wednesday, June 17 by SRN News

June 17 (Reuters) - An Australian court on Wednesday banned former Star Entertainment CEO Matthias Bekier from managing companies for six years and fined him A$700,000 ($494,620) over failure to handle money laundering risks at the casino operator. The judgment comes months after the Federal... Read More.

Morning Bid: All eyes on how Warsh walks the line

Wednesday, June 17 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Kevin Warsh wraps up his first Federal Open Market Committee meeting with tumbling oil prices and a tentative peace offering a helpful backdrop for leaving interest rates on hold, as traders... Read More.

Mood darkens among German auto suppliers as investment, hiring fall, survey shows

Wednesday, June 17 by SRN News

By Rachel More BERLIN, June 17 (Reuters) - German automotive suppliers expecting business conditions to worsen over the next year now outnumber the industry's optimists, a survey showed on Wednesday, as domestic hiring sinks to a new low and investment in the sector moves overseas.... Read More.

Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting

Wednesday, June 17 by SRN News

By Maki Shiraki TOYOTA CITY, Japan, June 17 (Reuters) - Toyota Motor shareholders re-elected Akio Toyoda as chairman and backed new CEO Kenta Kon as a board member on Tuesday, endorsing the automaker's leadership at the first annual meeting held during Kon's tenure. Shareholders also approved... Read More.

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech

Wednesday, June 17 by SRN News

By Supantha Mukherjee and Leo Marchandon PARIS/STOCKHOLM, June 17 - Europe's quest for technological sovereignty will dominate discussions at the G7 in France and the VivaTech conference in Paris this week, as policymakers and technology executives fret about American AI, with alternatives remaining scarce. The gatherings... Read More.

Shares are mixed and oil trades below $80 on optimism over interim US-Iran war deal

Wednesday, June 17 by SRN News

HONG KONG (AP) - Asian shares were mixed and oil was trading below $80 a barrel on Wednesday as markets watched for details on the interim agreement between the U.S. and Iran to end the war. U.S. futures edged higher ahead of the Federal Reserve's... Read More.

Ex-Citi director’s lawsuit over firing involves questions over potential Trump-linked account, source says

Tuesday, June 16 by SRN News

By Jack Queen and Tatiana Bautzer June 16 (Reuters) - A former Citigroup executive alleged in a lawsuit that she was fired in retaliation for raising regulatory and compliance questions, according to the complaint, which a source familiar with the case said involved a request... Read More.

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

Tuesday, June 16 by SRN News

WASHINGTON (AP) - The Trump administration is helping one of Elon Musk's companies fight a civil rights lawsuit that alleges it is illegally running dozens of natural gas turbines to power a $20 billion AI data center in Mississippi. The NAACP and other groups say... Read More.

Dollar on the defensive ahead of first Fed decision under Warsh

Tuesday, June 16 by SRN News

By Rae Wee SINGAPORE, June 17 (Reuters) - The dollar eased on Wednesday ahead of the Federal Reserve's first policy decision under Chair Kevin Warsh, with lingering optimism over an interim U.S.-Iran peace deal underpinning risk appetite and dampening demand for the U.S. currency. The yen... Read More.

Qantas to announce first route for ultra-long-haul ‘Project Sunrise’ flights

Tuesday, June 16 by SRN News

By Tim Hepher TOULOUSE, France, June 17 (Reuters) - Qantas Airways is set on Wednesday to unveil the first destination for the world's longest non-stop flights from eastern Australia to London or New York, tackling one of the few unbroken barriers of air travel after... Read More.

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Current Weather

Australia court bans ex-Star CEO for six years over money laundering failures

Morning Bid: All eyes on how Warsh walks the line

Mood darkens among German auto suppliers as investment, hiring fall, survey shows

Toyota shareholders back Toyoda as chairman and new CEO Kon at annual meeting

Europe frets about U.S. AI as tech world flocks to France for G7, VivaTech

Shares are mixed and oil trades below $80 on optimism over interim US-Iran war deal

Ex-Citi director’s lawsuit over firing involves questions over potential Trump-linked account, source says

In boost to Musk, Justice Department seeks to dismiss air pollution lawsuit against xAI data center

Dollar on the defensive ahead of first Fed decision under Warsh

Qantas to announce first route for ultra-long-haul ‘Project Sunrise’ flights

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