Business

Lufthansa faces major flight disruptions on Thursday due to strikes

Tuesday, February 10 by SRN News

FRANKFURT, Feb 10 - Major flight disruptions are likely on Thursday at Lufthansa Group's core German airline, its freight arm Lufthansa Cargo and its short-haul carrier CityLine after two separate unions called for strikes by pilots and cabin crew. German pilots' union VC on Tuesday... Read More.

Exclusive-Citgo struggles with long-term direction as sale process remains frozen, sources say

Tuesday, February 10 by SRN News

HOUSTON, Feb 10 (Reuters) - U.S. refiner Citgo Petroleum is struggling to make key decisions about investments and finances as the sale of its Venezuela-owned parent to an affiliate of Elliott Investment Management remains frozen months after a U.S. judge signed off on the... Read More.

Milei’s labor reform drive sets up clash with Argentina unions

Tuesday, February 10 by SRN News

By Nicolás Misculin BUENOS AIRES, Feb 10 (Reuters) - Argentine President Javier Milei's libertarian government has put sweeping labor reforms at the center of its push to attract investment and revive growth, setting up a clash with the country's powerful unions. The proposal, central to Milei's... Read More.

Hasbro Q4 results beat overshadows muted annual revenue forecast, shares jump

Tuesday, February 10 by SRN News

By Anuja Bharat Mistry Feb 10 (Reuters) - Play-Doh maker Hasbro on Tuesday beat fourth-quarter estimates on strong holiday sales, but forecast muted annual revenue growth, as lower-income consumers remain hesitant to spend on non-essential items. Shares of the company, however, surged as much as 8.9%,... Read More.

S&P Global shares slide on weak 2026 forecast, AI concerns

Tuesday, February 10 by SRN News

By Pritam Biswas and Pragyan Kalita Feb 10 (Reuters) - S&P Global forecast 2026 profit below Wall Street expectations on Tuesday, with growing investor unease over AI-driven disruption sweeping through the software and services sector, pushing its shares to their lowest in over two... Read More.

Paramount sweetens offer to Warner Bros shareholders in hostile takeover fight

Tuesday, February 10 by SRN News

NEW YORK (AP) - Paramount is again sweetening its hostile takeover bid for Warner Bros. Discovery, while again extending the deadline for its tender offer as it scrambles for more shareholder support. On Tuesday, the Skydance-owned company said it would pay Warner shareholders an added... Read More.

Fed’s Hammack says interest rates could be on hold ‘for quite some time’

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said on Tuesday the U.S. central bank faces no urgency to change the setting of interest rates this year amid a "cautiously optimistic" outlook for economic activity. Given the likely outlook, "we could... Read More.

Wells Fargo expects credit card loan growth to continue this year

Tuesday, February 10 by SRN News

By Arasu Kannagi Basil and Nivedita Balu Feb 10 (Reuters) - Wells Fargo expects loans to grow this year, betting on credit cards and autos while momentum in mortgages is expected to pick up after declines over time, Chief Financial Officer Mike Santomassimo said on... Read More.

Poland’s Niewiadow signs framework deal with Northrop Grumman on 155 mm ammo production

Tuesday, February 10 by SRN News

WARSAW, Feb 10 (Reuters) - Polish arms group Niewiadow-PGM said on Tuesday it had signed a framework deal with U.S. defence supplier Northrop Grumman on producing artillery ammunition in Poland. The deal, also signed by Niewiadow units Elaboracja Niewiadow and Zaklady Sprzetu Precyzyjnego Niewiadow, sets... Read More.

Goldman Sachs CEO says financial sponsors may boost dealmaking activity

Tuesday, February 10 by SRN News

By Saeed Azhar and Utkarsh Shetti NEW YORK, Feb 10 (Reuters) - Financial sponsors, such as private equity firms, may bolster dealmaking activity as they come under pressure to return capital to their investors before raising fresh funds, Goldman Sachs CEO David Solomon said on... Read More.

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Current Weather

Lufthansa faces major flight disruptions on Thursday due to strikes

Exclusive-Citgo struggles with long-term direction as sale process remains frozen, sources say

Milei’s labor reform drive sets up clash with Argentina unions

Hasbro Q4 results beat overshadows muted annual revenue forecast, shares jump

S&P Global shares slide on weak 2026 forecast, AI concerns

Paramount sweetens offer to Warner Bros shareholders in hostile takeover fight

Fed’s Hammack says interest rates could be on hold ‘for quite some time’

Wells Fargo expects credit card loan growth to continue this year

Poland’s Niewiadow signs framework deal with Northrop Grumman on 155 mm ammo production

Goldman Sachs CEO says financial sponsors may boost dealmaking activity

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