Business

OpenAI amending deal with Pentagon, CEO Altman says

Tuesday, March 3 by SRN News

March 2 (Reuters) - OpenAI Chief Executive Sam Altman said on Monday that the ChatGPT-maker is working with the U.S. Department of Defense to make some changes in their agreement. "We have been working with the DoW (Department of War) to make some additions in... Read More.

Asian shares are mostly lower as investors focus on the Iran war’s impact on energy supplies

Tuesday, March 3 by SRN News

TOKYO (AP) - Asian shares mostly declined and oil prices surged higher Tuesday as investors eyed risks to the region's energy supply because of the Iran war. Shares in South Korea sank 4.8% as markets reopened after a holiday on Monday, to 5,946.06. Benchmark U.S.... Read More.

Japan quarterly capex rises 6.5% as government seeks to spur investment

Tuesday, March 3 by SRN News

By Makiko Yamazaki TOKYO, March 3 (Reuters) - Japanese spending on factories and equipment rose 6.5% on-year in the fourth quarter, Ministry of Finance data showed on Tuesday, indicating resilient investment demand continued to support a barely growing economy. The encouraging data, which will be used... Read More.

Analysis-Dollar reclaims safe-haven mantle as Iran strikes rattle nerves

Monday, March 2 by SRN News

By Saqib Iqbal Ahmed NEW YORK, March 2 (Reuters) - The dollar's sharp rally following U.S. strikes on Iran is reassuring investors the currency still functions as a global safe-haven, with the greenback reclaiming its traditional crisis-era role as geopolitical tensions flare in the Middle... Read More.

Trump takes unconventional approach to communicating to the public about its war in Iran

Monday, March 2 by SRN News

Typical of an unconventional presidency, the Trump administration waited more than 48 hours to make any live, public communication to the American people about why it had decided to go to war with Iran. President Donald Trump discussed why he launched the attack prior to... Read More.

Trading Day: Oil, yields, uncertainty surge

Monday, March 2 by SRN News

ORLANDO, Florida, March 2 (Reuters) - Oil and gas prices clocked their biggest rise in years, while bonds and most stock markets fell on Monday, after the U.S.-Israeli attack on Iran over the weekend triggered waves of volatility across world markets. The big -... Read More.

Insurance gaps leave airlines exposed as Iran conflict widens

Monday, March 2 by SRN News

By Noor Zainab Hussain and Manya Saini March 2 (Reuters) - As the U.S.-Israeli air war against Iran widened on Monday with no end in sight, focus shifted to the impact on airlines. Operations have been disrupted for a third day and revenue losses are... Read More.

BlackRock to sell its 11.4% stake in Spanish energy firm Naturgy

Monday, March 2 by SRN News

MADRID, March 2 (Reuters) - BlackRock has appointed J.P. Morgan and Goldman Sachs to sell its remaining 11.4% stake in Spanish energy firm Naturgy through an accelerated bookbuild offering, a market filing showed on Monday. BlackRock in December sold a roughly 7% stake in Naturgy... Read More.

Rare earths company REalloys receives Pentagon funding

Monday, March 2 by SRN News

March 2 (Reuters) - Rare earths company REalloys has been awarded a U.S. Department of Defense contract worth up to $1.7 million to fund design of a processing facility for metals used to make magnets for weapons and electronics, it said on Monday. The... Read More.

Berkshire Hathaway shares slide after earnings, CEO letter

Monday, March 2 by SRN News

By Jonathan Stempel March 2 (Reuters) - Berkshire Hathaway shares on Monday had their largest decline since Warren Buffett announced he would step down as chief executive, after the conglomerate posted financial results that fell short of some analysts' expectations and expressed caution about investing... Read More.

Current Weather

OpenAI amending deal with Pentagon, CEO Altman says

Asian shares are mostly lower as investors focus on the Iran war’s impact on energy supplies

Japan quarterly capex rises 6.5% as government seeks to spur investment

Analysis-Dollar reclaims safe-haven mantle as Iran strikes rattle nerves

Trump takes unconventional approach to communicating to the public about its war in Iran

Trading Day: Oil, yields, uncertainty surge

Insurance gaps leave airlines exposed as Iran conflict widens

BlackRock to sell its 11.4% stake in Spanish energy firm Naturgy

Rare earths company REalloys receives Pentagon funding

Berkshire Hathaway shares slide after earnings, CEO letter

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