Business

Shares fall in Asia and oil prices gain as talks stall on ending the Iran war

Tuesday, April 28 by SRN News

TOKYO (AP) - Shares retreated in Asia and oil prices gained on Tuesday as diplomatic efforts to end the Iran war once again appeared to stall. Despite a tenuous ceasefire, the Strait of Hormuz remains effectively closed. Much of Asia, including resource-poor Japan, relies on... Read More.

Iran’s economy has been battered. Its leaders still think Trump will blink first

Tuesday, April 28 by SRN News

CAIRO (AP) - In the heartland of Iran's famed carpet-making industry, manufacturing has ground to a near halt. Dairies struggle to find packages for milk and butter. Giant steel mills that once drove Iran's economy have gone silent. Hundreds of thousands have lost jobs,... Read More.

Meta prepares to undo Manus acquisition after China ban, WSJ reports

Monday, April 27 by SRN News

April 27 (Reuters) - Meta Platforms is preparing to unwind its acquisition of the artificial intelligence startup Manus after China blocked the deal on national security grounds, the Wall Street Journal reported on Monday, citing people familiar with the matter. (Reporting by Akanksha Khushi... Read More.

Yen steady as BOJ kicks off big week for central banks

Monday, April 27 by SRN News

By Gregor Stuart Hunter SINGAPORE, April 28 (Reuters) - The Japanese yen steadied in the Asian morning on Tuesday ahead of the Bank of Japan's latest policy decision, the first in a busy week for major central banks including the Federal Reserve as the Iran... Read More.

Foreign carmakers threaten to pull cheapest models from US without trade deal, WSJ reports

Monday, April 27 by SRN News

April 27 (Reuters) - Foreign automakers have warned the Trump administration that they are looking at pulling their cheapest car models from the U.S. market if the U.S.-Mexico-Canada Agreement (USMCA) is not renewed or is watered down, the Wall Street Journal reported on Monday. It... Read More.

For the average price of a car in the US, you could buy 5 new Chinese EVs

Monday, April 27 by SRN News

By Qiaoyi Li and David Dolan BEIJING, April 28 (Reuters) - Call it a different kind of sticker shock. The Beijing Auto Show that opened to the public this week is a showcase for how hypercompetition in China has driven new car prices in the world's... Read More.

Employee testifies against owners of Dominican club where roof collapse killed 236

Monday, April 27 by SRN News

SANTO DOMINGO, Dominican Republic (AP) - A former employee of a popular nightclub whose roof collapsed a year ago and killed 236 people told a judge Monday that the owners were fully aware the structure was deteriorated. Gregory Adames testified against siblings Antonio and Maribel... Read More.

Bank of Japan set to keep rates steady as Iran war clouds outlook

Monday, April 27 by SRN News

By Leika Kihara TOKYO, April 28 (Reuters) - The Bank of Japan is widely expected to hold off raising interest rates on Tuesday, but drop hawkish signals to leave itself scope to push up borrowing costs in coming months to counter inflationary pressure from the... Read More.

Nucor beats quarterly revenue estimates on steel mills strength

Monday, April 27 by SRN News

April 27 (Reuters) - Nucor beat Wall Street expectations for first-quarter revenue on Monday, helped by higher average selling prices and strong volumes in its steel mills segment, sending its shares up 5% in after-hours trading. U.S. steelmakers are benefiting from firmer prices as supportive... Read More.

Michael Jackson streams skyrocket after ‘Michael’ biopic opening weekend, up 95% in the US

Monday, April 27 by SRN News

NEW YORK (AP) - Michael Jackson once sang "Don't Stop 'Til You Get Enough." For fans of the King of Pop's music, it's words to live by: Streams of his catalog jumped 95% in the U.S. over the weekend when compared with the same... Read More.

Current Weather

Shares fall in Asia and oil prices gain as talks stall on ending the Iran war

Iran’s economy has been battered. Its leaders still think Trump will blink first

Meta prepares to undo Manus acquisition after China ban, WSJ reports

Yen steady as BOJ kicks off big week for central banks

Foreign carmakers threaten to pull cheapest models from US without trade deal, WSJ reports

For the average price of a car in the US, you could buy 5 new Chinese EVs

Employee testifies against owners of Dominican club where roof collapse killed 236

Bank of Japan set to keep rates steady as Iran war clouds outlook

Nucor beats quarterly revenue estimates on steel mills strength

Michael Jackson streams skyrocket after ‘Michael’ biopic opening weekend, up 95% in the US

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