Business

Oil prices rise as fragile US-Iran talks sustain supply worries

Monday, May 11 by SRN News

By Anmol Choubey May 12 (Reuters) - Oil prices rose in early Asian trade on Tuesday as negotiations to end the war between the United States and Iran appeared fragile, with Tehran's response to a U.S. proposal highlighting stark differences that kept supply concerns alive. Brent... Read More.

Dollar steady as Middle East peace hopes recede

Monday, May 11 by SRN News

By Ankur Banerjee SINGAPORE, May 12 (Reuters) - The U.S. dollar held its ground on Tuesday as talks to end the war in the Middle East showed no signs of progress, pushing oil prices higher and worrying investors that interest rates may need to stay... Read More.

A South Korean startup captures workers’ techniques to develop AI brains for robots

Monday, May 11 by SRN News

SEOUL, South Korea (AP) - His head, chest and hands strapped with body cameras, David Park deftly folded a banquet napkin the way he has thousands of times during his nine years at the five-star Lotte Hotel Seoul. Each of his motions is fed... Read More.

Byron Allen to buy majority stake in BuzzFeed for $120 million, shares nearly triple

Monday, May 11 by SRN News

May 11 (Reuters) - BuzzFeed said on Monday media entrepreneur Byron Allen will take over as the digital media company's next CEO after he entered into a deal to buy a stake of about 52% in the digital media company for $120 million. Shares of... Read More.

LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets

Monday, May 11 by SRN News

By Dan Catchpole SEATTLE, May 11 (Reuters) - Boeing hid safety problems with its 737 MAX jet when LOT Polish Airlines picked the popular single-aisle jet in 2016 to anchor its plans to recover from its significant financial troubles at the time, the airline's attorney... Read More.

BUISNESS HEADLINES

Monday, May 11 by SRN News

Oil prices rise as the Iran war drags on, but US stocks inch to more records NEW YORK (AP) - Oil prices rose as the war with Iran threatens to drag on, but U.S. stocks nevertheless inched to more records. The price for a barrel... Read More.

Trump and Xi dialed down the trade war, but challenges lurk at their China summit

Monday, May 11 by SRN News

WASHINGTON (AP) - President Donald Trump claims that America has increasingly profited from trade with China, largely playing down the tensions over rare earth minerals, tariffs and emerging technologies such as artificial intelligence that could rupture relations between the world's two largest economies. Trump departs... Read More.

US scientists warn that termination of National Science Board hurts ability to compete with China

Monday, May 11 by SRN News

By Kanishka Singh WASHINGTON, May 11 (Reuters) - More than 2,000 scientists warned the U.S. Congress in a letter on Monday that the termination of the entire National Science Board by the Trump administration hurts U.S. ability to compete with rivals like China. The termination of... Read More.

Action camera maker GoPro to review options, including possible sale

Monday, May 11 by SRN News

May 11 (Reuters) - Action camera maker GoPro said on Monday that it intends to review a range of strategic options that could include a sale of the company or merger, sending its shares up more than 27% in after-hours trading. This comes nearly... Read More.

Tobacco company BAT’s criminal case for violating North Korea sanctions dismissed by US judge

Monday, May 11 by SRN News

By Jonathan Stempel May 11 (Reuters) - A U.S. judge on Monday dismissed the government's criminal case accusing British American Tobacco of conspiring to violate American sanctions by selling cigarettes to North Korea, after the company complied with a three-year deferred prosecution agreement. In a filing... Read More.

Current Weather

Oil prices rise as fragile US-Iran talks sustain supply worries

Dollar steady as Middle East peace hopes recede

A South Korean startup captures workers’ techniques to develop AI brains for robots

Byron Allen to buy majority stake in BuzzFeed for $120 million, shares nearly triple

LOT Polish Airlines says Boeing hid 737 MAX safety concerns to sell jets

BUISNESS HEADLINES

Trump and Xi dialed down the trade war, but challenges lurk at their China summit

US scientists warn that termination of National Science Board hurts ability to compete with China

Action camera maker GoPro to review options, including possible sale

Tobacco company BAT’s criminal case for violating North Korea sanctions dismissed by US judge

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