Business

In China, consumerism trumps nationalism despite tensions with the U.S. and Japan

Tuesday, February 10 by SRN News

HONG KONG (AP) - In China, consumerism appears to outweigh nationalism regardless of how testy relations have become in recent diplomatic spats with countries like Japan and the United States. It has been common practice for the ruling Communist Party to whip up nationalist sentiment... Read More.

Oil exports have been a cash cow for Russia. But revenues are dwindling, thanks to sanctions

Tuesday, February 10 by SRN News

Oil and gas exports have sustained Russia's finances throughout its war against Ukraine. But as the fourth anniversary of the full-scale invasion approaches, those cash flows have suddenly dwindled to lows not seen in years. It's the result of new punitive measures from the U.S.... Read More.

Morning Bid: Trump administration prepares to gut climate laws

Tuesday, February 10 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global stocks are at fresh peaks, helped by the seemingly indefatigable tech sector, while new moves by the U.S. government to shake up climate policy could mark a new pain... Read More.

India’s Adani Enterprises in talks with US Office of Foreign Assets

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - India's Adani Enterprises said on Tuesday it is talks with the U.S. Office of Foreign Assets over allegations from a Wall Street Journal report published in June last year that said billionaire Gautam Adani was trying to get the U.S.... Read More.

Kering’s fourth-quarter sales fall less than expected as Gucci slide continues

Tuesday, February 10 by SRN News

PARIS, Feb 9 (Reuters) - Kering reported on Tuesday a slightly smaller-than-expected drop in fourth-quarter sales, as investors await details of CEO Luca de Meo's plans to revive the Gucci owner's flagging fortunes. Sales reached 3.9 billion euros ($4.64 billion), down 3% from the... Read More.

Britain’s Tesco turns rapid-delivery threat into competitive edge

Tuesday, February 10 by SRN News

By James Davey LONDON, Feb 10 (Reuters) - Five years after Tesco boss Ken Murphy warned that rapid-delivery startups could inflict "death by a thousand nibbles" on Britain's major supermarkets, the UK's biggest food retailer has turned the threat into an advantage. Its own fast-delivery service,... Read More.

Salesforce cuts fewer than 1,000 jobs, Business Insider reports

Tuesday, February 10 by SRN News

Feb 9 (Reuters) - Cloud software provider Salesforce cut fewer than 1,000 roles at the beginning of this month, Business Insider reported on Monday, citing a person familiar with the matter. The affected roles included marketing, product management, data analytics and Agentforce AI product, Business... Read More.

Top Iran security official to travel to Oman, site of talks with US, likely with nuclear message

Tuesday, February 10 by SRN News

DUBAI, United Arab Emirates (AP) - A top Iranian security official traveled Tuesday to Oman, the Mideast sultanate now mediating talks between Tehran and the United States over the Islamic Republic' nuclear program aimed at halting a possible American strike. Ali Larijani, a former Iranian... Read More.

India’s Lupin clears patent hurdle with Astellas Pharma, keeps Mirabegron sales in US

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Indian drugmaker Lupin said on Tuesday it has settled a patent infringement dispute with Japan's Astellas Pharma over the bladder disorder drug Mirabegron, allowing it to continue selling the product in the United States. Under the agreement, Lupin and its U.S.... Read More.

Standard Chartered names Peter Burrill as interim CFO

Tuesday, February 10 by SRN News

Feb 10 (Reuters) - Standard Chartered has appointed Peter Burrill as interim group chief financial officer on Tuesday, replacing Diego De Giorgi, who steps down with immediate effect to pursue an external opportunity. Burrill, who joined Standard Chartered in 2017 and is currently group-head of... Read More.

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Current Weather

In China, consumerism trumps nationalism despite tensions with the U.S. and Japan

Oil exports have been a cash cow for Russia. But revenues are dwindling, thanks to sanctions

Morning Bid: Trump administration prepares to gut climate laws

India’s Adani Enterprises in talks with US Office of Foreign Assets

Kering’s fourth-quarter sales fall less than expected as Gucci slide continues

Britain’s Tesco turns rapid-delivery threat into competitive edge

Salesforce cuts fewer than 1,000 jobs, Business Insider reports

Top Iran security official to travel to Oman, site of talks with US, likely with nuclear message

India’s Lupin clears patent hurdle with Astellas Pharma, keeps Mirabegron sales in US

Standard Chartered names Peter Burrill as interim CFO

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