Business

Carlyle to sell Colombian oil firm SierraCol to Philippine’s Prime Infrastructure

Wednesday, March 11 by SRN News

LONDON, March 11 (Reuters) - Private equity group Carlyle has agreed to sell its Colombian oil producer SierraCol to Prime Infrastructure Capital, the infrastructure unit of Filipino businessman Enrique K. Razon Jr., for an undisclosed sum, the U.S. company said on Wednesday. Carlyle, which set... Read More.

China’s February auto sales, exports fall at fastest pace in two years

Wednesday, March 11 by SRN News

BEIJING, March 11 (Reuters) - China's auto sales, including shipments abroad, fell 15.4% in February from a year earlier, the biggest decline since February 2024, as seasonal factors aggravated a downtrend in the world's largest auto market, where reduced incentives weigh on demand. Sales at... Read More.

JPMorgan marks down loan portfolios of private credit groups, FT reports

Wednesday, March 11 by SRN News

March 11 (Reuters) - JPMorgan Chase has marked down the value of certain loans held by private-credit groups and is tightening its lending to the sector, the Financial Times reported on Wednesday, citing people familiar with the matter. The markdowns apply to loans made to... Read More.

Analysis-US tariff reprieve sparks scramble, and scepticism, in China’s export hubs

Wednesday, March 11 by SRN News

BEIJING/SHENZHEN, March 11 (Reuters) - Chen Zhuo is in a rush to get visas for his equipment technicians to fly from China to the United States, where one client is accelerating the expansion of a food processing plant to be able to import machinery... Read More.

Morning Bid: It ain’t over yet

Wednesday, March 11 by SRN News

A look at the day ahead in European and global markets from Rae Wee Perhaps it's time investors abandon their hopes of a quick end to the U.S.-Israel war on Iran and price in a prolonged conflict. U.S. President Donald Trump's latest threat to hit Iran... Read More.

Asian shares advance as markets await signals on when the war with Iran may end

Wednesday, March 11 by SRN News

Asian shares advanced Tuesday as U.S. stocks held steady while investors awaited signals on when the war with Iran may end. U.S. futures and oil prices edged higher. Tokyo's Nikkei 225 gained 2.1% to 55,387.75 and South Korea's Kospi surged 3.5% to 5,724.30. In... Read More.

The Latest: Iran fires at Gulf states as Australia grants asylum to women on Iranian soccer team

Wednesday, March 11 by SRN News

Iran fired missiles and drones at targets across the Gulf including oil infrastructure in Saudi Arabia and a ship off the coast of the Emirates, while Israeli and the United States struck targets across the Islamic Republic. Saudi Arabia and other states said they... Read More.

Iran keeps up pressure on oil infrastructure as concerns of global energy crisis grow

Wednesday, March 11 by SRN News

DUBAI, United Arab Emirates (AP) - Israel and Iran exchanged fire early Wednesday as Tehran kept up its pressure on the region's oil industry, hitting a ship in the Strait of Hormuz and targeting infrastructure as concerns grew of a global energy crisis. Iran... Read More.

Anduril to acquire space surveillance firm ExoAnalytic eyeing more Golden Dome capabilities

Wednesday, March 11 by SRN News

WASHINGTON, March 11 (Reuters) - Anduril Industries on Wednesday said it has signed a definitive agreement to acquire ExoAnalytic Solutions, a national security company specializing in space sensing and awareness and missile defense. The purchase comes as defense technology firm positions itself for a role... Read More.

US consumer prices likely increased in February ahead of Iran conflict

Wednesday, March 11 by SRN News

WASHINGTON, March 11 (Reuters) - U.S. consumer prices likely picked up in February as the cost of gasoline increased in anticipation of an escalating war in the Middle East, and with the conflict driving up oil prices, a further rise in inflation is expected... Read More.

Current Weather

Carlyle to sell Colombian oil firm SierraCol to Philippine’s Prime Infrastructure

China’s February auto sales, exports fall at fastest pace in two years

JPMorgan marks down loan portfolios of private credit groups, FT reports

Analysis-US tariff reprieve sparks scramble, and scepticism, in China’s export hubs

Morning Bid: It ain’t over yet

Asian shares advance as markets await signals on when the war with Iran may end

The Latest: Iran fires at Gulf states as Australia grants asylum to women on Iranian soccer team

Iran keeps up pressure on oil infrastructure as concerns of global energy crisis grow

Anduril to acquire space surveillance firm ExoAnalytic eyeing more Golden Dome capabilities

US consumer prices likely increased in February ahead of Iran conflict

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