Business

Canadian annual inflation rate edges down in January as gasoline costs drop

Tuesday, February 17 by SRN News

By Promit Mukherjee OTTAWA, Feb 17 (Reuters) - Canada's annual inflation rate in January accelerated at a slower pace than the previous month as a big drop in gasoline prices helped cushion the impact of higher food and clothing prices, Statistics Canada said on Tuesday. The... Read More.

Warner Bros reopens takeover talks with Paramount after receiving waiver from Netflix

Tuesday, February 17 by SRN News

NEW YORK (AP) - Netflix is granting Warner Bros. Discovery a seven-day waiver allowing the studio to reopen takeover talks with Paramount Skydance. Warner Bros. said in a regulatory filing Tuesday that the waiver will allow it to discuss unresolved "deficiencies" in Paramount's previous offers.... Read More.

Guyana’s oil growth potential rises as Venezuela tensions set to ease

Tuesday, February 17 by SRN News

GEORGETOWN, Feb 17 (Reuters) - The tiny oil-producing nation of Guyana, already one of the world's fastest-growing economies, has a window of opportunity for more expansion amid ongoing U.S. activity in neighboring Venezuela, geopolitical and oil experts said ahead of the Guyana Energy Conference. That... Read More.

Warsh may want a smaller Fed balance sheet, but that’s hard to achieve

Tuesday, February 17 by SRN News

By Michael S. Derby Feb 17 (Reuters) - Kevin Warsh, nominated to lead the Federal Reserve, may want a smaller central bank balance sheet, but he's unlikely to get it absent major tinkering with the financial system, and even then, it might not be possible. That's... Read More.

Analysis-US dollar may be due for a reprieve after a four-month decline

Tuesday, February 17 by SRN News

By Laura Matthews NEW YORK, Feb 17 (Reuters) - The U.S. dollar is due for a bit of reprieve after its four-month decline as the political and economic backdrop turns in its favor and some market analysts turn bullish on the currency. The pressure on the... Read More.

Italian exports to US rise 7% in 2025 despite Trump’s tariffs

Tuesday, February 17 by SRN News

Feb 17 (Reuters) - Italian exports to the United States rose by more than 7% last year, data showed on Tuesday, despite tariffs imposed by President Donald Trump in July which had triggered fears of a major dampening impact. Imports from Italy, the European Union's... Read More.

Kenya launches a carbon registry to boost climate finance and credibility

Tuesday, February 17 by SRN News

NAIROBI, Kenya (AP) - Kenya has launched a national carbon registry, aiming to position itself as a global hub for high-integrity carbon credits at a time when scrutiny of climate offset markets is intensifying worldwide. The registry, unveiled in Nairobi by the Ministry of Environment... Read More.

Medtronic beats quarterly profit estimates on robust demand for heart devices

Tuesday, February 17 by SRN News

Feb 17 (Reuters) - Medtronic surpassed Wall Street expectations for third-quarter profit on Tuesday, buoyed by strong demand for its heart devices and diabetes monitors. Medtech firms are benefiting from surging demand for medical procedures as health insurers report higher medical loss ratios -... Read More.

General Mills cuts annual sales and profit forecast

Tuesday, February 17 by SRN News

Feb 17 (Reuters) - General Mills on Tuesday cut its annual core net sales and profit forecasts, blaming weakening consumer sentiment amid macroeconomic uncertainty. Shares of the Cheerios maker were down 4% in premarket trading. The company expects annual sales to be down 1.5% to 2%,... Read More.

Warner Bros rejects Paramount’s revised offer, but gives studio a week to negotiate better deal

Tuesday, February 17 by SRN News

By Milana Vinn and Dawn Kopecki Feb 17 - Warner Bros Discovery has rejected Paramount Skydance's latest $30-a-share hostile takeover bid, but is giving the Hollywood studio seven days to see if it can come up with a better deal to buy the owner of... Read More.

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Current Weather

Canadian annual inflation rate edges down in January as gasoline costs drop

Warner Bros reopens takeover talks with Paramount after receiving waiver from Netflix

Guyana’s oil growth potential rises as Venezuela tensions set to ease

Warsh may want a smaller Fed balance sheet, but that’s hard to achieve

Analysis-US dollar may be due for a reprieve after a four-month decline

Italian exports to US rise 7% in 2025 despite Trump’s tariffs

Kenya launches a carbon registry to boost climate finance and credibility

Medtronic beats quarterly profit estimates on robust demand for heart devices

General Mills cuts annual sales and profit forecast

Warner Bros rejects Paramount’s revised offer, but gives studio a week to negotiate better deal

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