Business

Volkswagen owner Porsche SE reports blow to 2025 earnings

Thursday, March 26 by SRN News

BERLIN, March 26 (Reuters) - Porsche SE, the holding company that controls Volkswagen, said on Wednesday it suffered a blow to its 2025 after-tax profit, weighed by costs at the German auto group and luxury sports-car maker Porsche AG. Porsche SE reported adjusted earnings after... Read More.

Australia’s Qantas boosts Europe flight as demand climbs due to Mideast war

Thursday, March 26 by SRN News

March 26 (Reuters) - Australia's flag carrier Qantas Airways

Exclusive-China considers easing bank shareholding limits to boost capital, sources say

Thursday, March 26 by SRN News

March 26 (Reuters) - China is considering easing shareholding restrictions for some major investors, people with knowledge of the matter said, in a move aimed at broadening capital-raising options for commercial banks reeling from an economic slowdown. The National Financial Regulatory Administration (NFRA), the country's... Read More.

Hair care brand Olaplex to be acquired by Germany’s Henkel for $1.4 billion

Thursday, March 26 by SRN News

March 26 (Reuters) - Hair care brand Olaplex Holdings on Thursday said it entered into a definitive agreement to be acquired by Germany consumer goods maker Henkel for $1.4 billion. (Reporting by Shivani Tanna in Bengaluru; Editing by Sonia Cheema) Brought to you by Read More.

Morning Bid: Hope and Hormuz

Thursday, March 26 by SRN News

A look at the day ahead in European and global markets from Ankur Banerjee The contrasting messaging from Iran and the U.S. around a possible ceasefire in the Gulf has left investors reluctant to place major bets as cautious optimism around an end to the... Read More.

National Australia Bank to cut 170 jobs amid offshore expansion

Thursday, March 26 by SRN News

March 26 (Reuters) - Australia's Finance Sector Union said on Thursday that National Australia Bank is proposing cutting about 170 jobs across the country as part of a restructuring of its business division, which will also create new roles offshore. Here are some details: ... Read More.

Southeast Asia revisits nuclear power plans for AI data centers as Iran war disrupts energy supplies

Thursday, March 26 by SRN News

BANGKOK, Thailand (AP) - Nuclear power is getting a second look in Southeast Asia as countries prepare to meet surging energy demand as they vie for artificial intelligence-focused data centers. Several Southeast Asian nations are reviving mothballed nuclear plans and setting ambitious targets and nearly... Read More.

Japan shifts focus to oil in unorthodox scramble to talk up yen

Thursday, March 26 by SRN News

TOKYO, March 26 (Reuters) - Japan is weighing a controversial plan to arrest the yen's slide: stepping into oil futures markets, sources say, as long-standing policy tools lose traction against stubborn inflation pressures. Details of the proposal remain scant, after Reuters reported on Monday that... Read More.

Trade ministers meet in Cameroon for critical WTO reform talks amid deep divisions

Thursday, March 26 by SRN News

YAOUNDE, March 26 (Reuters) - Trade ministers will meet in Cameroon on Thursday for crucial discussions on reforming the World Trade Organization, as some diplomats and trade officials warn that without an agreement, countries may set trade rules outside the organisation. The four-day gathering in... Read More.

Asian stocks mostly fall and oil climbs again over Iran war de-escalation uncertainties

Thursday, March 26 by SRN News

HONG KONG (AP) - Asian stocks were mostly lower and oil prices gained on Thursday as a de-escalation of the Iran war remained uncertain. U.S. futures were down 0.1%. Tokyo's Nikkei 225 was trading 0.3% lower at 53,607.75. South Korea's Kospi lost 1.9% to 5,537.30. Hong Kong's... Read More.

Current Weather

Volkswagen owner Porsche SE reports blow to 2025 earnings

Australia’s Qantas boosts Europe flight as demand climbs due to Mideast war

Exclusive-China considers easing bank shareholding limits to boost capital, sources say

Hair care brand Olaplex to be acquired by Germany’s Henkel for $1.4 billion

Morning Bid: Hope and Hormuz

National Australia Bank to cut 170 jobs amid offshore expansion

Southeast Asia revisits nuclear power plans for AI data centers as Iran war disrupts energy supplies

Japan shifts focus to oil in unorthodox scramble to talk up yen

Trade ministers meet in Cameroon for critical WTO reform talks amid deep divisions

Asian stocks mostly fall and oil climbs again over Iran war de-escalation uncertainties

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