Business

The EU will ‘provisionally implement’ a trade deal with South American bloc Mercosur

Friday, February 27 by SRN News

BRUSSELS (AP) - European Commission President Ursula von der Leyen said on Friday that she will start to "provisionally implement" a massive trade deal with the Mercosur bloc of nations in South America despite not having approval from European Parliament. "When they are ready, we... Read More.

Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside

Friday, February 27 by SRN News

By Pablo Sinha and Kavya Balaraman Feb 27 (Reuters) - Supply risks from ongoing geopolitical tensions have prompted analysts to raise their oil price forecasts for the year, despite concerns that an oversupply will continue to weigh on the market. The survey of 34 economists... Read More.

Morning Bid: AI horror stories

Friday, February 27 by SRN News

By Anna Szymanski Feb 27 - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! Markets were jittery this week, as anxiety about the potential impact of the artificial... Read More.

Healthpeak Properties’ Janus Living makes US IPO filing public

Friday, February 27 by SRN News

Feb 27 (Reuters) - Real estate investment trust Janus Living publicly filed paperwork for a U.S. IPO on Friday, as corporate issuers line up to tap the March window. Parent Healthpeak Properties had earlier this year announced it would be carving out its senior... Read More.

Dell shares jump on forecast it will double AI server revenue

Friday, February 27 by SRN News

Feb 27 (Reuters) - Shares of Dell Technologies jumped in premarket trading on Friday after the company forecast revenue from its AI server business will double in fiscal 2027, underscoring surging demand for infrastructure catering to artificial intelligence. Investors also cheered the PC maker's plans... Read More.

VW receives preliminary bids for diesel engine unit Everllence at around $9.4 billion, sources say

Friday, February 27 by SRN News

By Andres Gonzalez, Alexander Hübner and Christina Amann LONDON/MUNICH/BERLIN Feb 27 (Reuters) - Volkswagen has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.44 billion) including debt, according to three people familiar with the discussions, above what some analysts... Read More.

US stock futures fall on AI concerns, Nasdaq set for steep monthly loss

Friday, February 27 by SRN News

By Shashwat Chauhan and Ragini Mathur Feb 27 (Reuters) - U.S. stock index futures slid on Friday as growing AI unease dragged on tech stocks, with the Nasdaq on track for its steepest monthly drop since March 2025, and investors awaited key inflation data later... Read More.

Target to remove synthetic color from cereals by May end

Friday, February 27 by SRN News

Feb 27 (Reuters) - Target said on Friday it would sell only cereals made without certified synthetic colors by the end of May, becoming the latest retailer to tighten standards amid a crackdown on artificial dyes. The big-box retailer said it has worked closely with... Read More.

Kia America to recall about 85,000 US vehicles over seat back frame issue

Friday, February 27 by SRN News

Feb 27 (Reuters) - Kia America is recalling 85,448 vehicles in the U.S. over failure of a seat back frame failing to properly restrain an occupant during a crash, the U.S. National Highway Traffic Safety Administration said on Friday. (Reporting by Preetika Parashuraman in... Read More.

India focused on getting best trade deal with US, Indian trade minister says

Friday, February 27 by SRN News

NEW DELHI, Feb 27 (Reuters) - India wants to secure the best trade deal with the U.S. to ensure it has an edge over competitors, India's trade minister said on Friday, as the fate of deals finalised by Washington remain uncertain after President Donald... Read More.

Current Weather

The EU will ‘provisionally implement’ a trade deal with South American bloc Mercosur

Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside

Morning Bid: AI horror stories

Healthpeak Properties’ Janus Living makes US IPO filing public

Dell shares jump on forecast it will double AI server revenue

VW receives preliminary bids for diesel engine unit Everllence at around $9.4 billion, sources say

US stock futures fall on AI concerns, Nasdaq set for steep monthly loss

Target to remove synthetic color from cereals by May end

Kia America to recall about 85,000 US vehicles over seat back frame issue

India focused on getting best trade deal with US, Indian trade minister says

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