Business

Commerzbank CEO ‘taken aback’ by UniCredit claims

Monday, June 15 by SRN News

FRANKFURT, June 15 (Reuters) - Commerzbank CEO Bettina Orlopp said on Monday that the bank was "taken aback" by UniCredit's allegation earlier in the day that it was misleading the public. "We have, of course, simply presented the facts, and we will continue... Read More.

United Auto Workers’ Fain seeks reelection, buoyed by strike wins

Monday, June 15 by SRN News

By Kalea Hall and Nora Eckert DETROIT, June 15 (Reuters) - United Auto Workers President Shawn Fain is seeking a second four-year term as leader of the 400,000-member union, entering the race as the favorite after a walkout three years ago that was popular with... Read More.

Warsh’s debut Fed press conference may reveal his strategy for inflation, rates

Monday, June 15 by SRN News

By Howard Schneider WASHINGTON, June 15 (Reuters) - New Federal Reserve Chairman Kevin Warsh has talked at length in recent years about the U.S. central bank's balance sheet, the need to say less about interest rates and why it should not dip into issues like... Read More.

America’s RV industry feels the chill of war and high gas prices

Monday, June 15 by SRN News

By Timothy Aeppel June 15 (Reuters) - Coley Brady in late March cut production from five days a week to four on most of the assembly lines at his sprawling complex of five recreational vehicle factories in Elkhart, Indiana, after it became apparent spring sales... Read More.

SpaceX IPO adds a dash of volatility to index-investing recipe

Monday, June 15 by SRN News

By Suzanne McGee, Lewis Krauskopf and Anirban Sen NEW YORK, June 15 (Reuters) - Last week's stock market debut of Elon Musk's SpaceX is forcing providers of equity indexes to reconcile two often-conflicting objectives: Do they stick to their inclusion rules or revise them to... Read More.

Trump threatens 100% tariff on French wine over tech tax as G7 meets, NY Post reports

Monday, June 15 by SRN News

June 15 (Reuters) - President Donald Trump on Monday warned that the U.S. will "have no choice" but to apply 100% tariffs on French wine unless Paris eliminates its digital tax on American tech giants. Trump said he delivered the warning directly to French President... Read More.

Trump’s critical minerals pricing plan faces skeptical G7, divided industry

Monday, June 15 by SRN News

By Julia Payne and Ernest Scheyder ÉVIAN-LES-BAINS, France, June 15 (Reuters) - The Trump administration's push to boost critical minerals production by regulating prices is facing skeptical G7 allies and a divided mining industry, with negotiations for a Western trading bloc stumbling over concerns about... Read More.

Scandal-hit KPMG Australia will not bid for new federal work until end-September

Monday, June 15 by SRN News

SYDNEY, June 15 (Reuters) - KPMG Australia has agreed it will not bid for any new federal government work for three months, the Department of Finance said on Monday, following whistleblower allegations the accounting firm misused confidential client information. A department spokesperson said KPMG will... Read More.

Analysis-Why an Iran peace deal won’t pull the yen back from the brink

Monday, June 15 by SRN News

By Tom Westbrook and Junko Fujita TOKYO, June 15 (Reuters) - War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up - a peace deal, however, won't pull it back from the precipice. Stocks... Read More.

Analysis-China bonds emerge as surprise haven as Iran war reshapes portfolios

Monday, June 15 by SRN News

By Li Gu, Casey Hall and Jiaxing Li SHANGHAI/HONG KONG, June 15 (Reuters) - Global asset managers have been adding Chinese government bonds to their portfolios since the Iran war broke out, drawn not by yield but by their near-zero correlation with Western markets. Amid a... Read More.

Current Weather

Commerzbank CEO ‘taken aback’ by UniCredit claims

United Auto Workers’ Fain seeks reelection, buoyed by strike wins

Warsh’s debut Fed press conference may reveal his strategy for inflation, rates

America’s RV industry feels the chill of war and high gas prices

SpaceX IPO adds a dash of volatility to index-investing recipe

Trump threatens 100% tariff on French wine over tech tax as G7 meets, NY Post reports

Trump’s critical minerals pricing plan faces skeptical G7, divided industry

Scandal-hit KPMG Australia will not bid for new federal work until end-September

Analysis-Why an Iran peace deal won’t pull the yen back from the brink

Analysis-China bonds emerge as surprise haven as Iran war reshapes portfolios

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