Business

Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide

Tuesday, April 28 by SRN News

FRANKFURT, Germany (AP) - The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world's crude oil and exerts major influence over the price of energy around the globe. Following its... Read More.

Blue Owl adviser sued over allegedly inflating fund values, charging excessive fees

Tuesday, April 28 by SRN News

LONDON, April 28 (Reuters) - An investor in one of Blue Owl Capital's private credit funds has filed a suit in New York accusing the company's investment adviser of breaching its fiduciary duties by inflating the value of one of its funds to extract... Read More.

Athletics-Adidas innovation underpins Sawe’s historic sub‑two marathon in London

Tuesday, April 28 by SRN News

By Louisa Off, Anja Guder and Lori Ewing LONDON, April 28 (Reuters) - Kite-surfing fabrics, car tyres and shortened shoelaces helped Kenyan Sabastian Sawe and Adidas crack the two‑hour marathon barrier. When Sawe shattered one of athletics' most elusive barriers in storming to victory at the... Read More.

US pump prices near 4-year high on Iran war disruption, refinery outages

Tuesday, April 28 by SRN News

By Nicole Jao NEW YORK, April 28 (Reuters) - The average U.S. gasoline price rose to its highest level in nearly four years after the U.S. and Israel attacked Iran at the end of February, according to data from the American Automobile Association. Average prices at... Read More.

HSBC turns bullish on US equities citing earnings momentum

Tuesday, April 28 by SRN News

By Joel Jose and Akriti Shah April 28 (Reuters) - HSBC on Tuesday upgraded its stance on U.S. equities to "overweight" from "neutral, as earnings momentum and easing geopolitical risks turned the narrative back towards fundamentals. The British brokerage, however, downgraded Europe ex-UK... Read More.

JPMorgan CEO says not worried about inflation, risks remain of higher prices

Tuesday, April 28 by SRN News

April 28 (Reuters) - JPMorgan Chase CEO Jamie Dimon said on Tuesday he is not worried about inflation, but added among the worst-case scenarios for the economy is the risk of stagflation. "The worst case is stagflation, and I just wouldn't take it off the... Read More.

EU rules reining in Big Tech will now target cloud services and AI, regulators say

Tuesday, April 28 by SRN News

By Foo Yun Chee BRUSSELS, April 28 (Reuters) - The European Union plans to turn the focus of its landmark rules curbing the power of Big Tech to cloud and artificial intelligence services, aiming to promote fairer competition after seeing positive results in other digital... Read More.

Hilton raises 2026 room revenue growth forecast, flags impact of Middle East conflict

Tuesday, April 28 by SRN News

By Anshuman Tripathy April 28 (Reuters) - Hotel operator Hilton Worldwide Holdings raised annual room revenue growth forecast on Tuesday, betting on a rebound in domestic travel to boost demand across its properties. The U.S. travel industry is showing signs of a recovery from a... Read More.

Ukraine accuses Israel of importing grain ‘stolen’ by Russia as Zelenskyy warns of sanctions

Tuesday, April 28 by SRN News

KYIV, Ukraine (AP) - Ukraine accused Israel on Tuesday of allowing the import of grain it says Russia stole from occupied areas, prompting a sharp exchange between officials. President Volodymyr Zelenskyy said a vessel carrying grain had arrived at an Israeli port and was preparing... Read More.

Global regulators trail banks in AI as Mythos raises oversight concerns, report finds

Tuesday, April 28 by SRN News

By Phoebe Seers LONDON, April 28 (Reuters) - The ability of central banks and financial regulators to monitor and combat the risks posed by powerful artificial intelligence models such as Anthropic's Mythos has been called into question after a survey found authorities significantly lag... Read More.

Current Weather

Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide

Blue Owl adviser sued over allegedly inflating fund values, charging excessive fees

Athletics-Adidas innovation underpins Sawe’s historic sub‑two marathon in London

US pump prices near 4-year high on Iran war disruption, refinery outages

HSBC turns bullish on US equities citing earnings momentum

JPMorgan CEO says not worried about inflation, risks remain of higher prices

Hilton raises 2026 room revenue growth forecast, flags impact of Middle East conflict

Ukraine accuses Israel of importing grain ‘stolen’ by Russia as Zelenskyy warns of sanctions

Global regulators trail banks in AI as Mythos raises oversight concerns, report finds

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