Business

Live Nation beats quarterly revenue estimates on strong concert demand

Thursday, February 19 by SRN News

Feb 19 (Reuters) - Live Nation Entertainment beat quarterly revenue estimates on Thursday, helped by sustained demand for its concerts. The company - a bellwether for discretionary spending and the health of the global entertainment sector - benefited from resilient demand for live experiences in... Read More.

Top US airline lobbyist says capping credit card interest rates at 10% could harm industry

Thursday, February 19 by SRN News

ARLINGTON, Virginia Feb 19 (Reuters) - The head of the trade group representing major U.S. airlines said Thursday a proposal to cap credit-card interest rates at 10% could have massive repercussions for aviation and could lead to fewer passengers and fewer airplanes. "If they start... Read More.

Revenues at Moncler rise 7% in fourth quarter on strong Asia, Americas

Thursday, February 19 by SRN News

MILAN, Feb 19 (Reuters) - Revenues at Italian luxury outerwear group Moncler rose 7% at constant exchange rates in the fourth quarter, above analysts' expectations, helped by solid growth in Asia and in the Americas. Full-year revenues also increased, but 2025 operating profit declined slightly... Read More.

Brazil beef companies could each ship at least 8,000 metric tons annually to China, document shows

Thursday, February 19 by SRN News

By Ana Mano SAO PAULO, Feb 19 (Reuters) - Brazil's government could back a plan that would allow individual beef exporters to each ship at least 8,000 metric tons of products to China per year, according to a legal opinion seen by Reuters. The South American... Read More.

US trade deficit swells in December as imports surge; labor market holding steady

Thursday, February 19 by SRN News

By Lucia Mutikani WASHINGTON, Feb 19 (Reuters) - The U.S. trade deficit widened sharply in December amid a surge in imports, and the goods shortfall in 2025 was the highest on record despite President Donald Trump's tariffs on foreign manufactured merchandise. The second straight monthly deterioration... Read More.

China’s Zeekr premium brand enters Italian car market

Thursday, February 19 by SRN News

Feb 19 (Reuters) - Chinese electric vehicle brand Zeekr will enter the Italian market starting from Thursday, the company said in a press release, the latest in a string of announced European launches. Zeekr, fully-owned by heavyweight Geely Holding Group, will start deliveries of its... Read More.

Exclusive-Netflix has ample room to increase its offer in battle for Warner Bros, sources say

Thursday, February 19 by SRN News

By Amy-Jo Crowley and Milana Vinn Feb 19 (Reuters) - Netflix has ample cash and could increase its offer for HBO Max owner Warner Bros Discovery if rival bidder Paramount Skydance ups its own offer, two people with knowledge of the matter said. The two... Read More.

Used-car retailer Carvana shares tumble as vehicle reconditioning costs climb

Thursday, February 19 by SRN News

By Johann M Cherian and Nathan Gomes Feb 19 (Reuters) - Carvana's shares fell about 8% on Thursday as rising expenses to recondition vehicles and depreciation dented the online used-car retailer's fourth-quarter profit. Persistent inflation and tariff-related price hikes of new cars in the U.S. have... Read More.

Renault forecasts 2026 margin drop as price pressure dents profit

Thursday, February 19 by SRN News

By Gilles Guillaume and Dominique Patton PARIS, Feb 19 (Reuters) - Renault Group forecast lower margins for 2026 on Thursday as it reported a 15% fall in operating profit last year, denting its shares as the French carmaker grapples with growing price pressure from Chinese... Read More.

Exclusive-Bain Capital explores sale or IPO of Dessert Holdings, sources say

Thursday, February 19 by SRN News

By Abigail Summerville Feb 19 (Reuters) - Bain Capital is considering a sale or initial public offering of its portfolio company Dessert Holdings that could value the maker of cakes, pies and cookies at over $3 billion, according to three people familiar with the matter.... Read More.

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Current Weather

Live Nation beats quarterly revenue estimates on strong concert demand

Top US airline lobbyist says capping credit card interest rates at 10% could harm industry

Revenues at Moncler rise 7% in fourth quarter on strong Asia, Americas

Brazil beef companies could each ship at least 8,000 metric tons annually to China, document shows

US trade deficit swells in December as imports surge; labor market holding steady

China’s Zeekr premium brand enters Italian car market

Exclusive-Netflix has ample room to increase its offer in battle for Warner Bros, sources say

Used-car retailer Carvana shares tumble as vehicle reconditioning costs climb

Renault forecasts 2026 margin drop as price pressure dents profit

Exclusive-Bain Capital explores sale or IPO of Dessert Holdings, sources say

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