Business

Canada’s MDA Space to buy Blue Canyon in $620 million deal

Friday, June 19 by SRN News

June 19 (Reuters) - Canadian space technology firm MDA Space said on Friday it would buy U.S.-based Blue Canyon Technologies from RTX's Raytheon business for $620 million in cash, expanding its footprint in the U.S. defense space market. The acquisition comes as governments increase spending... Read More.

BMW prepares for talks with staff in wake of profit warning

Friday, June 19 by SRN News

By Rachel More BERLIN, June 19 (Reuters) - BMW and staff representatives are preparing for talks after the German premium carmaker issued a profit warning this week and said it would accelerate efficiency measures, a spokesperson for its general works council said on Friday. It was... Read More.

BOJ may raise interest rates twice by March, says ex-BOJ policymaker

Friday, June 19 by SRN News

By Leika Kihara and Takahiko Wada TOKYO, June 19 (Reuters) - The Bank of Japan may raise interest rates twice by the end of the current fiscal year, after making a landmark shift in its policy focus toward mounting inflation risk, former board member Makoto... Read More.

Exclusive-Ladbrokes-owner Entain explores options for CEE unit, sources say

Friday, June 19 by SRN News

By Amy-Jo Crowley and Milana Vinn LONDON, June 19 (Reuters) - Ladbrokes-owner Entain has begun exploring options for its joint venture in Central and Eastern Europe, including a possible sale, three people familiar with the matter said. Entain, which operates BetMGM in the ⁠United... Read More.

Warsh brings a skinny Fed approach to a complex, information-hungry world

Friday, June 19 by SRN News

By Howard Schneider WASHINGTON, June 19 (Reuters) - U.S. Federal Reserve Chairman Kevin Warsh put his stamp on the job fast this week at a debut policy meeting that produced a return to stripped-down, 1990s-style central banking, before this century's crises put the Fed center-stage... Read More.

Weekly inflows into global equity funds hit 19-month highs on Iran deal optimism

Friday, June 19 by SRN News

June 19 (Reuters) - Investors poured the most capital in roughly 19 months into global equity funds in the week to June 17, buoyed by optimism over an interim deal to end the U.S.-Iran war and expectations that reopening the Strait of Hormuz could... Read More.

Andy Burnham is the ‘King of the North’ with his eyes on 10 Downing Street

Friday, June 19 by SRN News

LONDON (AP) - Andy Burnham is a political insider turned outsider who aims to be Britain's next prime minister. The 56-year-old politician presents himself as an amiable northern everyman who prefers T-shirts to a suit and tie and spends spare time playing soccer or spinning... Read More.

Investors see Micron earnings as pulse check of AI rally momentum

Friday, June 19 by SRN News

By Laura Matthews NEW YORK, June 19 (Reuters) - Investors are seeking signs that the U.S. stock market rally fueled by artificial intelligence has more life left in it, and the upcoming Micron Technology earnings will check the pulse of chip demand to see if... Read More.

Early users of Anthropic’s Mythos still have access after US order, Bloomberg News reports

Friday, June 19 by SRN News

June 18 (Reuters) - Some firms chosen early on by Anthropic to test the Mythos AI model have preserved their access to a preview of the system, despite a U.S. government order that led to the total shutdown of other versions, Bloomberg News reported... Read More.

Australian lawmakers, grilling KPMG, suggest more regulation of audit industry may be needed

Friday, June 19 by SRN News

By Christine Chen and Renju Jose SYDNEY, June 19 (Reuters) - Australian lawmakers on Friday suggested further regulation of the Big Four accounting firms could be necessary as they grilled KPMG executives over allegations of misconduct - the second big scandal in the country's industry... Read More.

Current Weather

Canada’s MDA Space to buy Blue Canyon in $620 million deal

BMW prepares for talks with staff in wake of profit warning

BOJ may raise interest rates twice by March, says ex-BOJ policymaker

Exclusive-Ladbrokes-owner Entain explores options for CEE unit, sources say

Warsh brings a skinny Fed approach to a complex, information-hungry world

Weekly inflows into global equity funds hit 19-month highs on Iran deal optimism

Andy Burnham is the ‘King of the North’ with his eyes on 10 Downing Street

Investors see Micron earnings as pulse check of AI rally momentum

Early users of Anthropic’s Mythos still have access after US order, Bloomberg News reports

Australian lawmakers, grilling KPMG, suggest more regulation of audit industry may be needed

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