Business

Fast fashion garments pile up in South Asia as Middle East conflict grounds planes

Friday, March 6 by SRN News

By Ruma Paul, Alessandro Parodi and Helen Reid DHAKA, March 6 (Reuters) - Shipments of garments for Zara owner Inditex and other major clothing retailers are stranded at airports in Bangladesh and India, according to three manufacturers, as the conflict in the Middle East forces... Read More.

BlackRock fund limits withdrawals as redemptions rattle private credit

Friday, March 6 by SRN News

By Ateev Bhandari and Isla Binnie NEW YORK, March 6 (Reuters) - BlackRock said on Friday it has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investor worries mount around the $2 trillion private credit industry. Shares of the world's... Read More.

NYSE fined $9 million by SEC over glitch that disrupted stock market

Friday, March 6 by SRN News

By Jonathan Stempel NEW YORK, March 6 (Reuters) - The New York Stock Exchange has agreed to pay a $9 million civil fine to settle U.S. Securities and Exchange Commission charges over a computer glitch that disrupted the stock market open in January 2023, causing... Read More.

BP seeks at least $3.7 billion from Venture Global arbitration, filing says

Friday, March 6 by SRN News

LONDON, March 6 (Reuters) - BP is seeking at least $3.7 billion from its arbitration win against Venture Global in a case concerning liquefied natural gas (LNG) cargoes, Venture Global's annual report shows. The remedies sought by BP include damages ranging from $3.7 billion... Read More.

US business inventories nudge up in December

Friday, March 6 by SRN News

WASHINGTON, March 6 (Reuters) - U.S. business inventories edged up in December amid a rebound in stocks at retailers, government data showed on Friday. Inventories increased 0.1% after being unchanged in November, the Commerce Department's Census Bureau said. Inventories are a key component of GDP and... Read More.

Canadian minister for U.S-Canada trade to meet U.S. trade chief in Washington

Friday, March 6 by SRN News

By Promit Mukherjee OTTAWA, March 6 (Reuters) - Canada's minister in charge of trade relations with the U.S., Dominic LeBlanc, will meet with his U.S. counterpart Jamieson Greer on Friday in Washington, the minister's office confirmed, as the two countries come close to an official... Read More.

Japan, Canada sign strategic agreement in defense and energy as war in Mideast fuels oil concerns

Friday, March 6 by SRN News

TOKYO (AP) - Japan and Canada signed a strategic agreement Friday aimed at strengthening cooperation in defense, economic and energy security as military strikes on Iran by the United States and Israel fueled concern about international oil supplies. Japan's Prime Minister Sanae Takaichi and her... Read More.

Americans stuck in the Middle East recount finding their way home with little government help

Friday, March 6 by SRN News

Alyssa Ramos' evacuation from Kuwait involved a 48-hour journey across four continents. The U.S. government did not help with any of it, the travel blogger said. "They keep going on the news and saying they're doing everything they can to get Americans out," Ramos said... Read More.

Fed rate cut bets rise after weak jobs data

Friday, March 6 by SRN News

By Howard Schneider and Ann Saphir March 6 (Reuters) - New signs of labor weakness and oil-driven inflation concerns may saddle U.S. Federal Reserve officials with a choice they'd hoped to avoid between ensuring prices remain contained or keeping a possibly wobbly job market on... Read More.

Canaccord Genuity fined $20 million by US SEC

Friday, March 6 by SRN News

March 6 (Reuters) - The U.S. Securities and Exchange Commission said on Friday it fined Canaccord Genuity $20 million for failing to file approximately 150 suspicious activity reports. Canaccord did not admit or deny wrongdoing in agreeing to pay the civil fine. It also agreed... Read More.

Current Weather

Fast fashion garments pile up in South Asia as Middle East conflict grounds planes

BlackRock fund limits withdrawals as redemptions rattle private credit

NYSE fined $9 million by SEC over glitch that disrupted stock market

BP seeks at least $3.7 billion from Venture Global arbitration, filing says

US business inventories nudge up in December

Canadian minister for U.S-Canada trade to meet U.S. trade chief in Washington

Japan, Canada sign strategic agreement in defense and energy as war in Mideast fuels oil concerns

Americans stuck in the Middle East recount finding their way home with little government help

Fed rate cut bets rise after weak jobs data

Canaccord Genuity fined $20 million by US SEC

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