Business

Hedge fund founder Odey gives evidence in fight against financial industry ban

Wednesday, March 25 by SRN News

By Sam Tobin LONDON, March 24 (Reuters) - Hedge fund manager Crispin Odey denied he had been unable to "control himself" around female employees as he gave evidence on Tuesday in an effort to overturn the Financial Conduct Authority's plan to impose an industry ban... Read More.

GM to invest $600 million in South Korean unit

Wednesday, March 25 by SRN News

SEOUL, March 25 (Reuters) - General Motors said on Wednesday it plans to invest $600 million in its South Korean unit to upgrade manufacturing facilities and products. (Reporting by Heejin Kim; Editing by Christopher Cushing) Brought to you by www.srnnews.com

Air Liquide executive: will allocate helium volume from other places in the world

Wednesday, March 25 by SRN News

By Wen-Yee Lee TAICHUNG, Taiwan, March 25 (Reuters) - French industrial gases group Air Liquide on Wednesday said a short-term helium shortage is expected due to the conflict in the Middle East, adding it plans to reallocate helium supplies from other regions. "With the situation in... Read More.

Morning Bid: Deal, or no deal?

Wednesday, March 25 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook "We're in negotiations right now," U.S. President Donald Trump told reporters at the White House, boasting that the Iranians had made a concession "worth a tremendous amount of money", about which... Read More.

War in Mideast spurs Muslims in Indian-controlled Kashmir to collect donations for Iran

Wednesday, March 25 by SRN News

SRINAGAR, India (AP) - More than a thousand miles from the Iran war, Muslim residents in Indian-controlled Kashmir are collecting donations for Iranians: gold, cash, even utensils and livestock. Community leaders and elders have set up stalls in this part of the disputed Himalayan... Read More.

Oil falls more than 5% and Asian shares gain over Trump’s talk of negotiations with Iran

Wednesday, March 25 by SRN News

HONG KONG (AP) - Oil prices fell more than 5% and Asian shares gained on Wednesday over possibilities of a de-escalation of the Iran war and negotiations between the United States and Iran. Tokyo's Nikkei 225 was up 2.8% to 53,721.30 in early trading. South... Read More.

Stocks bounce and oil retreats on Mideast ceasefire reports

Wednesday, March 25 by SRN News

By Tom Westbrook SINGAPORE, March 25 (Reuters) - Stocks rose and oil fell on Wednesday on reports the U.S. is seeking a month-long ceasefire in its war on Iran, and had sent a 15-point plan to Iran for discussion, raising hopes for a resumption... Read More.

CK Hutchison unit says Panama arbitration claim now tops $2 billion

Wednesday, March 25 by SRN News

By Elida Moreno PANAMA CITY, March 24 (Reuters) - A unit of Hong Kong conglomerate CK Hutchison said on Tuesday it had widened its claims in an international arbitration case against Panama, saying damages had now risen to more than $2 billion. Panama Ports Company, which... Read More.

Currency markets drift as traders sceptical of US efforts to end Iran war

Wednesday, March 25 by SRN News

By Gregor Stuart Hunter SINGAPORE, March 25 (Reuters) - Currency markets showed signs of fatigue early in Asian trade on Wednesday, with traders cautious over U.S. President Donald Trump's efforts to bring an end to the war with Iran. While Trump told reporters at the White... Read More.

Merck nears $6 billion acquisition of Terns Pharma to boost cancer portfolio, FT reports

Wednesday, March 25 by SRN News

March 24 (Reuters) - Pharmaceutical company Merck is nearing a roughly $6 billion all-cash deal to acquire biotech firm Terns Pharma, the Financial Times reported on Tuesday, citing people familiar with the matter. The potential acquisition comes as U.S.-based Merck continues to reshape its oncology... Read More.

Current Weather

Hedge fund founder Odey gives evidence in fight against financial industry ban

GM to invest $600 million in South Korean unit

Air Liquide executive: will allocate helium volume from other places in the world

Morning Bid: Deal, or no deal?

War in Mideast spurs Muslims in Indian-controlled Kashmir to collect donations for Iran

Oil falls more than 5% and Asian shares gain over Trump’s talk of negotiations with Iran

Stocks bounce and oil retreats on Mideast ceasefire reports

CK Hutchison unit says Panama arbitration claim now tops $2 billion

Currency markets drift as traders sceptical of US efforts to end Iran war

Merck nears $6 billion acquisition of Terns Pharma to boost cancer portfolio, FT reports

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