Business

Australia’s Star Entertainment appoints new group CFO

Friday, March 20 by SRN News

March 20 (Reuters) - Embattled Australian casino operator Star Entertainment said on Friday it has appointed H.C. Charles (Charlie) Diao as its group chief financial officer. (Reporting by Sherin Sunny in Bengaluru) Brought to you by www.srnnews.com

Morning Bid: Hawkish rate repricing halts the dollar’s rally

Friday, March 20 by SRN News

A look at the day ahead in European and global markets from Rae Wee After a remarkable rally in the face of the ongoing U.S.-Israel war on Iran, the dollar has finally toppled from its peak. But that's only because of the sea change in global... Read More.

Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply

Friday, March 20 by SRN News

By Robert Harvey and Georgina McCartney LONDON/HOUSTON, March 19 (Reuters) - If you want to buy a cargo of oil in Asia or jet fuel in Europe right now, you may have to pay a record price for it. Surging oil prices in physical markets -... Read More.

Goldman Sachs expects prolonged BoE pause, sees next rate cut in 2027

Friday, March 20 by SRN News

March 20 (Reuters) - Goldman Sachs has pushed back its forecast for Bank of England interest rate cuts to 2027, after the central bank kept rates steady and flagged inflation risks from the war in the Middle East. Goldman had earlier expected the BoE to... Read More.

Oil prices ease and Asian shares are mixed as energy supply worries over Iran war remain

Friday, March 20 by SRN News

HONG KONG (AP) - Asian shares were mixed on Friday following Wall Street losses, and oil prices pared earlier gains on the intensifying Iran war, falling back to around $107 a barrel. U.S. futures were higher. Oil prices had a roller-coaster day on Thursday with... Read More.

Dollar toppled as oil shock turns central banks hawkish

Friday, March 20 by SRN News

By Jiaxing Li HONG KONG, March 20 (Reuters) - The dollar slid from multi-month highs this week as soaring energy prices upended the outlook for global interest rates, with the U.S. Federal Reserve left alone as the only major central bank that is not expected... Read More.

Oil prices retreat, bonds struggle on hawkish rate repricing as Iran war rages

Friday, March 20 by SRN News

By Rae Wee SINGAPORE, March 20 (Reuters) - Oil prices eased on Friday while bonds were nursing losses, after global central bankers sounded the alarm on inflation risks stemming from the ongoing war in the Middle East that has sent markets into a tailspin. Following a... Read More.

3 men are charged with conspiring to smuggle US artificial intelligence to China

Friday, March 20 by SRN News

NEW YORK (AP) - A senior vice president of Super Micro Computer Inc. and two others affiliated with the company were charged Thursday with conspiring to smuggle billions of dollars of computer servers containing advanced Nvidia chips to China. The men violated U.S. export controls... Read More.

Exclusive-Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say

Friday, March 20 by SRN News

March 20 (Reuters) - Tesla is looking to buy equipment worth $2.9 billion for manufacturing solar panels and cells from Chinese suppliers including Suzhou Maxwell Technologies, two people familiar with the matter said, as CEO Elon Musk aims to add 100 gigawatts of solar... Read More.

Unilever in talks to combine food business with McCormick, WSJ reports

Friday, March 20 by SRN News

March 19 (Reuters) - Unilever is in talks to separate its food business and combine it with spice maker McCormick in an all-stock deal which could come within weeks, the Wall Street Journal reported on Thursday, citing sources. Reuters could not immediately verify the report.... Read More.

Current Weather

Morning Bid: Hawkish rate repricing halts the dollar’s rally

Prices for oil, fuel cargoes smash record highs as Iran war chokes Middle East supply

Goldman Sachs expects prolonged BoE pause, sees next rate cut in 2027

Oil prices ease and Asian shares are mixed as energy supply worries over Iran war remain

Dollar toppled as oil shock turns central banks hawkish

Oil prices retreat, bonds struggle on hawkish rate repricing as Iran war rages

3 men are charged with conspiring to smuggle US artificial intelligence to China

Exclusive-Tesla in talks with Chinese firms to buy $2.9 billion worth of solar equipment, sources say

Unilever in talks to combine food business with McCormick, WSJ reports

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