Business

Exclusive-Jet engine maker CFM studies plan B for next fuel-saving design, sources say

Thursday, February 12 by SRN News

By Tim Hepher PARIS, Feb 12 (Reuters) - French-US jet engine maker CFM is studying a more conventional "advanced ducted" engine design alongside its preferred option for a radical open-fan concept for future jets, as the industry debates fuel-savings and lower emissions, industry sources said. The... Read More.

Morning Bid: Jobs jolt rate bets

Thursday, February 12 by SRN News

By Mike Dolan Feb 12 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets World stock markets have been pretty buoyant as they digest the robust U.S. January employment report and dampened Federal Reserve rate cut expectations. While the downward... Read More.

Burger King owner Restaurant Brands beats fourth-quarter sales estimates

Thursday, February 12 by SRN News

Feb 12 (Reuters) - Restaurant Brands reported fourth-quarter comparable sales above estimates on Thursday, helped by resilient traffic at its Burger King and Tim Hortons chains. The company's U.S.-listed shares rose 2% in premarket trading. Value-focused menus continue to attract budget-conscious diners, as fast‑food chains lean... Read More.

Anthropic to donate $20 million to US political group backing AI regulation

Thursday, February 12 by SRN News

WASHINGTON, Feb 12 (Reuters) - Anthropic will spend $20 million to back U.S. political candidates who support regulating the AI industry, according to a company statement released on Thursday. The company is donating to Public First Action, a political group that opposes federal... Read More.

WhatsApp says Russia has tried to fully block the messaging app

Thursday, February 12 by SRN News

Russia has attempted to fully block WhatsApp in the country, the company said, the latest move in an ongoing government effort to tighten control over the internet. A WhatsApp spokesperson said late Wednesday that the Russian authorities' action was intended to "drive users to a... Read More.

Euro and yuan global ambitions hasten the dollar drop: Mike Dolan

Thursday, February 12 by SRN News

By Mike Dolan LONDON, Feb 11 (Reuters) - The dollar is sliding again against the euro and yuan, just as European and Chinese leaders are seeking to boost the global role of their currencies, taking advantage of the rising dollar doubts. The latest exchange... Read More.

Exclusive-US-China trade detente fuels mothballing of key China tech curbs

Thursday, February 12 by SRN News

WASHINGTON, Feb 12 (Reuters) - The Trump administration has shelved a number of key tech security measures aimed at Beijing ahead of an April meeting between the two countries' presidents. The measures include a ban on China Telecom's U.S. operations and restrictions on sales... Read More.

American Airlines unions ratchet up pressure on board over lagging profit

Thursday, February 12 by SRN News

By Rajesh Kumar Singh CHICAGO, Feb 12 (Reuters) - For years, American Airlines has lagged Delta Air Lines and United Airlines on profitability. Now its unions are turning that gap into a governance issue, pressing directors for accountability at the top. The escalation has sharpened in... Read More.

Hall of Fame driver Tony Stewart and UFC boss Dana White are leading Ram back into NASCAR

Thursday, February 12 by SRN News

DAYTONA BEACH, Fla. (AP) - Tony Stewart is breaking his NASCAR retirement to drive a Ram truck for the first time at Daytona. UFC boss Dana White is along for the ride. Also on board? The winner of a competition-based reality show in which drivers... Read More.

UK economy subdued at end of 2025 as budget uncertainty weighed on businesses and consumers

Thursday, February 12 by SRN News

LONDON (AP) - The British economy barely grew in the final three months of 2026, official figures showed Thursday, with critics blaming uncertainty surrounding the government's budget for lower than anticipated business investment and consumption. The Office for National Statistics said the British economy,... Read More.

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Exclusive-Jet engine maker CFM studies plan B for next fuel-saving design, sources say

Morning Bid: Jobs jolt rate bets

Burger King owner Restaurant Brands beats fourth-quarter sales estimates

WhatsApp says Russia has tried to fully block the messaging app

Euro and yuan global ambitions hasten the dollar drop: Mike Dolan

Exclusive-US-China trade detente fuels mothballing of key China tech curbs

American Airlines unions ratchet up pressure on board over lagging profit

Hall of Fame driver Tony Stewart and UFC boss Dana White are leading Ram back into NASCAR

UK economy subdued at end of 2025 as budget uncertainty weighed on businesses and consumers

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