Business

Analysis-From quarantine boxes to luxury cabins, China’s prefab home factories pivot to exports

Thursday, September 17 by SRN News

By Liangping Gao and Marius Zaharia BEIJING/HONG KONG, Sept 17 (Reuters) - Sun Guangqing's prefabricated homes factory in China opened in 2022 just as the property sector entered a prolonged crisis and only months before Beijing lifted pandemic curbs, developments that crippled its two main... Read More.

Dollar’s allure, oil surge fan bearish bets on emerging Asian currencies: Reuters poll

Thursday, September 17 by SRN News

By Roshan Thomas Sept 17 (Reuters) - Bearish sentiment towards most emerging Asian currencies deepened, a Reuters poll showed on Thursday, as investors contended with the twin headwinds of escalating tensions in the Middle East and rising U.S. Treasury yields. Attacks on Saudi Arabia's East-West pipeline... Read More.

Takaichi shuffles Japan’s Cabinet to revive sagging support, keeps key ministers

Thursday, September 17 by SRN News

TOKYO (AP) - Japan's Prime Minister Sanae Takaichi reshuffled her Cabinet on Thursday in a bid to turn around her waning popularity, but retained key ministers as she pursues stronger ties with the U.S. Japan faces President Donald Trump 's tough demands for bigger defense... Read More.

Brookfield to invest up to $600 million in India’s ACME green fuels business

Thursday, September 17 by SRN News

NEW DELHI, Sept 17 (Reuters) - US alternative asset manager Brookfield will invest up to $600 million in India's ACME Cleantech Ventures to help the company develop and build green ammonia and green methanol projects, the companies said on Thursday. Here are details: • The investment... Read More.

The king and AI: UK monarch Charles meets with artificial intelligence leaders

Thursday, September 17 by SRN News

LONDON (AP) - King Charles III is meeting Thursday with senior leaders from OpenAI, Anthropic, Google DeepMind and Nvidia to discuss artificial intelligence and make a plea to ensure the technology remains in the service of people and the planet. The gathering in Scotland, which... Read More.

Huawei unveils new chip technologies as Chinese firm steps up the AI race with Nvidia

Thursday, September 17 by SRN News

BEIJING (AP) - Chinese technology giant Huawei launched new chip technologies in a challenge to global leaders such as Nvidia that highlights the narrowing gap between China and the U.S. in artificial intelligence. Huawei's announcement Thursday at its annual key conference in Shanghai came just... Read More.

Volvo Cars to launch 13 new models this decade, eyes earnings boost

Thursday, September 17 by SRN News

STOCKHOLM, Sept 17 (Reuters) - Volvo Cars plans to launch 13 new models between now and 2030 as it seeks to broaden its range and revive sales, the Sweden-based automaker said ahead of an investor day in Stockholm on Thursday. Under CEO Hakan Samuelsson, Volvo... Read More.

Japan vows effort to maintain orderly yen moves

Thursday, September 17 by SRN News

TOKYO, Sept 17 (Reuters) - Japan will continue to strive towards maintaining orderly yen moves through close communication with the United States, its top government spokesperson said on Thursday in the wake of the yen's renewed slide. The US Federal Reserve's interest rate hike on... Read More.

Italian gunmaker Beretta to raise stake in Sturm Ruger to 25%, paper says

Thursday, September 17 by SRN News

ROME, Sept 17 (Reuters) - Italian gunmaker Beretta is set to launch a bid to raise its stake in U.S. peer Sturm, Ruger & Co to 25% from 10% "in the coming hours", Italian newspaper Il Sole 24 Ore reported on Thursday, citing sources... Read More.

Exclusive-LVMH signed a secret 2002 pact to buy Hermès heir’s shares. Now he says his fortune is missing

Thursday, September 17 by SRN News

By Tassilo Hummel and David Gauthier-Villars Sept 17 - In a June court filing, luxury-goods giant LVMH forcefully denied it had ever tried to acquire shares in rival Hermès from that company's founding-family heir Nicolas Puech, who alleges he was fleeced of his... Read More.

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Analysis-From quarantine boxes to luxury cabins, China’s prefab home factories pivot to exports

Dollar’s allure, oil surge fan bearish bets on emerging Asian currencies: Reuters poll

Takaichi shuffles Japan’s Cabinet to revive sagging support, keeps key ministers

Brookfield to invest up to $600 million in India’s ACME green fuels business

The king and AI: UK monarch Charles meets with artificial intelligence leaders

Huawei unveils new chip technologies as Chinese firm steps up the AI race with Nvidia

Volvo Cars to launch 13 new models this decade, eyes earnings boost

Japan vows effort to maintain orderly yen moves

Italian gunmaker Beretta to raise stake in Sturm Ruger to 25%, paper says

Exclusive-LVMH signed a secret 2002 pact to buy Hermès heir’s shares. Now he says his fortune is missing

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