Business

Trading Day: A welcome dose of AI, tariff relief

Tuesday, February 24 by SRN News

ORLANDO, Florida, Feb 24 (Reuters) - Stocks rebounded on Tuesday, lifted by a sense that recent fears around AI disruption were overdone, as investors also digested a surprise tariff reduction from U.S. President Donald Trump and looked forward to tech giant Nvidia's earnings. More on... Read More.

MercadoLibre misses quarterly profit estimates but revenue exceeds expectations

Tuesday, February 24 by SRN News

SAO PAULO, Feb 24 (Reuters) - MercadoLibre on Tuesday posted a 12.5% decline in quarterly profit, missing analysts' projections, as the e-commerce firm was hit by credit and logistics investments. Revenue, however, came in above estimates, helped by business in Brazil and Mexico. Shares of... Read More.

Ten years after first cargo, US LNG dominance set to keep growing

Tuesday, February 24 by SRN News

(Corrects Texas with Louisiana in paragraph 1) By Curtis Williams HOUSTON, Feb 24 (Reuters) - In the ten years since the first export cargo of liquefied natural gas left Louisiana, the United States has grown rapidly into the top supplier of the ultra-cooled fuel to world... Read More.

Louvre Museum director resigns in the wake of October’s brazen French crown jewels heist

Tuesday, February 24 by SRN News

PARIS (AP) - The Louvre Museum's director resigned Tuesday after months of pressure following the October theft of the French crown jewels, as the world's most visited museum faced widening scrutiny over security failures, labor unrest and a suspected ticket fraud scheme. Laurence des Cars... Read More.

SNB chairman expects Swiss inflation to pick up

Tuesday, February 24 by SRN News

By John Revill ZURICH, Feb 24 (Reuters) - Switzerland may see negative inflation in some coming months, but that would not be cause for alarm with the Swiss National Bank focussing on mid-term price developments, SNB Chairman Martin Schlegel said on Tuesday. Speaking at an event... Read More.

Severe floods in southeast Brazil kill at least 25 and force hundreds to evacuate

Tuesday, February 24 by SRN News

JUIZ DE FORA, Brazil (AP) - Severe floods in southeastern Brazil have killed at least 25 people and left dozens missing in the state of Minas Gerais, officials said Tuesday. Meteorologists warned more rain is expected in the region in the next few days. The... Read More.

US SEC to give probe subjects more notice as it updates enforcement manual

Tuesday, February 24 by SRN News

By Chris Prentice NEW YORK, Feb 24 (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it will give the subjects of investigations more time at the outset to respond to notices of potential charges and an opportunity to meet with staff within... Read More.

Spirit Airlines expects to exit Chapter 11 bankruptcy by summer

Tuesday, February 24 by SRN News

Spirit Airlines' parent company says it expects to exit Chapter 11 bankruptcy in the late spring or early summer, after striking a preliminary deal with its lenders and secured creditors that provides the support needed to finish its restructuring. The early-stage agreement would help Spirit... Read More.

L’Oreal, Dyson, Bausch + Lomb become the latest to sue for Trump tariff refunds

Tuesday, February 24 by SRN News

By Arriana McLymore NEW YORK, Feb 24 (Reuters) - French beauty group L'Oreal, British vacuum manufacturer Dyson and contact lens maker Bausch + Lomb became the latest corporations to sue for refunds of tariffs paid under President Donald Trump's emergency trade measures, days after the... Read More.

Newmont to invest $800 million in Argentina’s Cerro Negro

Tuesday, February 24 by SRN News

Feb 24 (Reuters) - Gold producer Newmont will invest approximately $800 million in Argentina's Cerro Negro mine, the country's Economy Minister, Luis Caputo, said on Tuesday. The investment will be used to restart and expand the Cerro Negro Expansion 1 (CNE1) project, which aims... Read More.

Current Weather

Trading Day: A welcome dose of AI, tariff relief

MercadoLibre misses quarterly profit estimates but revenue exceeds expectations

Ten years after first cargo, US LNG dominance set to keep growing

Louvre Museum director resigns in the wake of October’s brazen French crown jewels heist

SNB chairman expects Swiss inflation to pick up

Severe floods in southeast Brazil kill at least 25 and force hundreds to evacuate

US SEC to give probe subjects more notice as it updates enforcement manual

Spirit Airlines expects to exit Chapter 11 bankruptcy by summer

L’Oreal, Dyson, Bausch + Lomb become the latest to sue for Trump tariff refunds

Newmont to invest $800 million in Argentina’s Cerro Negro

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