Business

How the Trump administration is testing Fed independence on bank rules

Thursday, March 26 by SRN News

By Pete Schroeder and Chris Prentice WASHINGTON/NEW YORK, March 26 (Reuters) - While U.S. President Donald Trump has been brazen in his demands for the historically independent Federal Reserve to lower interest rates, his administration is also trying to quietly steer the central bank's... Read More.

US jury verdicts against Meta, Google tee up fight over tech liability shield

Thursday, March 26 by SRN News

By Diana Novak Jones March 26 (Reuters) - Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet's Google liable, potentially teeing up an appeals fight that... Read More.

Google top India counsel quits in latest departure amid regulatory hurdles, sources say

Thursday, March 26 by SRN News

By Aditya Kalra NEW DELHI, March 26 (Reuters) - Google's top India counsel, Bijoya Roy, has resigned after 16 months in the role, two sources said, a high-profile exit in a key market where the U.S. tech giant is facing regulatory hurdles and also lacks... Read More.

Germany’s Henkel in $1.4 billion deal to acquire hair care brand Olaplex

Thursday, March 26 by SRN News

FRANKFURT, March 25 (Reuters) - Germany's Henkel said on Thursday it agreed to buy Nasdaq-listed Olaplex in a $1.4 billion deal to strengthen its premium hair care business. Here are some details: * ... Read More.

Wall Street bonuses surge 9% to record $49.2 billion in 2025, NY comptroller says

Thursday, March 26 by SRN News

NEW YORK, March 26 (Reuters) - Bonuses for Wall Street executives jumped 9% to a record $49.2 billion in 2025, according to an estimate from New York State Comptroller Tom DiNapoli published on Thursday. The average bonus climbed 6% to $246,900 as dealmakers, traders... Read More.

South Korea to invest $166 million in AI chip startup Rebellions

Thursday, March 26 by SRN News

SEOUL, March 26 (Reuters) - South Korea's industry ministry on Tuesday said the Financial Services Commission's advisory board approved a 250 billion won ($166 million) investment in a local artificial intelligence chip startup called Rebellions, part of a government-backed push to nurture a homegrown... Read More.

H&M’s Q1 profit grows more than expected, sees March sales up 1%

Thursday, March 26 by SRN News

STOCKHOLM, March 26 (Reuters) - Swedish fashion retailer H&M reported on Thursday a slightly bigger rise than expected in December-February operating profit, and predicted March sales would be up 1% in local currencies. "Towards the end of the quarter our well-received spring collections contributed to... Read More.

Volkswagen owner Porsche SE reports blow to 2025 earnings

Thursday, March 26 by SRN News

BERLIN, March 26 (Reuters) - Porsche SE, the holding company that controls Volkswagen, said on Wednesday it suffered a blow to its 2025 after-tax profit, weighed by costs at the German auto group and luxury sports-car maker Porsche AG. Porsche SE reported adjusted earnings after... Read More.

Australia’s Qantas boosts Europe flight as demand climbs due to Mideast war

Thursday, March 26 by SRN News

March 26 (Reuters) - Australia's flag carrier Qantas Airways

Exclusive-China considers easing bank shareholding limits to boost capital, sources say

Thursday, March 26 by SRN News

March 26 (Reuters) - China is considering easing shareholding restrictions for some major investors, people with knowledge of the matter said, in a move aimed at broadening capital-raising options for commercial banks reeling from an economic slowdown. The National Financial Regulatory Administration (NFRA), the country's... Read More.

Current Weather

How the Trump administration is testing Fed independence on bank rules

US jury verdicts against Meta, Google tee up fight over tech liability shield

Google top India counsel quits in latest departure amid regulatory hurdles, sources say

Germany’s Henkel in $1.4 billion deal to acquire hair care brand Olaplex

Wall Street bonuses surge 9% to record $49.2 billion in 2025, NY comptroller says

South Korea to invest $166 million in AI chip startup Rebellions

H&M’s Q1 profit grows more than expected, sees March sales up 1%

Volkswagen owner Porsche SE reports blow to 2025 earnings

Australia’s Qantas boosts Europe flight as demand climbs due to Mideast war

Exclusive-China considers easing bank shareholding limits to boost capital, sources say

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