Business

Exclusive-Donerail offers to buy superyacht service company MarineMax in all-cash deal valued at roughly $1 billion, sources say

Monday, February 2 by SRN News

By Svea Herbst-Bayliss NEW YORK, Feb 2 (Reuters) - Donerail Group has offered to buy MarineMax for $35 per share in an all-cash deal that would value the superyacht service company at just over $1 billion, three sources familiar with the matter told Reuters. The offer... Read More.

California’s $200 million EV incentive program will require matching funds from automakers

Monday, February 2 by SRN News

WASHINGTON, Feb 2 (Reuters) - California's proposed $200 million electric vehicle incentive program will be limited to first-time buyers and require participating manufacturers to contribute matching incentives, the administration of California Governor Gavin Newsom said on Monday. The proposal would allow incentives to defray the... Read More.

Trading Day: Solid data over hard assets

Monday, February 2 by SRN News

By Jamie McGeever ORLANDO, Florida, Feb 2 (Reuters) - Wall Street shrugged off last week's historic selloff in precious metals, which continued on Monday, and the dollar rose again as investors took their cue from strong U.S. and global manufacturing data, earnings, and an apparent... Read More.

Analysis-Europe’s $955 billion recovery fund struggles to transform economy

Monday, February 2 by SRN News

By Victoria Waldersee, Giuseppe Fonte and Gavin Jones MADRID/ROME, Feb 2 (Reuters) - In olive groves and vineyards dotted across Spain, sensors and drones paid for by Europe's largest recovery fund since the post-war Marshall Plan are gathering soil data to feed into AI models... Read More.

Julius Baer profit drops in 2025 amid writedowns but beats expectations

Monday, February 2 by SRN News

ZURICH, Feb 2 (Reuters) - Swiss bank Julius Baer on Monday reported a net profit of 764 million Swiss francs ($988 million) for 2025, which beat analyst expectations but was still down 25% from 2024 in a year marked by writedowns. The bank booked a... Read More.

Japan’s TDK says affected by China rare earth curbs, making diversification push

Monday, February 2 by SRN News

TOKYO, Feb 2 (Reuters) - Japan components manufacturer TDK said on Monday that it is being affected by Chinese export restrictions on rare earths and is taking steps to diversify its procurement sources. China last month banned exports of dual-use items that can be... Read More.

Analysis-Emerging market stocks rally appears intact after buoyant January inflows

Monday, February 2 by SRN News

By Laura Matthews and Rodrigo Campos NEW YORK, Feb 2 (Reuters) - Global investors poured money into emerging market stocks at the fastest clip in years in January, as a weaker dollar and diversification away from the U.S. point to an extension of the rally... Read More.

Hopeful signs in China’s property market? Not really, say developers

Monday, February 2 by SRN News

(Corrects paragraph 18 to say new home prices expected to fall 2.8% in 2026, not fall 3.7%) By Clare Jim HONG KONG, Feb 2 (Reuters) - China's embattled property market has had a recent run of positive headlines, but private real estate developers and analysts alike... Read More.

Japan PM Takaichi must face bond investors before winning over voters

Monday, February 2 by SRN News

By Kevin Buckland TOKYO, Feb 2 (Reuters) - Japanese Prime Minister Sanae Takaichi faces a crucial markets test in the final run-up to a snap election this weekend where she is hoping a decisive victory will give her a mandate for expansionary fiscal policy. The... Read More.

US to require planes to keep 25 hours of cockpit voice recordings under FAA rule

Friday, January 30 by SRN News

By David Shepardson WASHINGTON, Jan 30 (Reuters) - The U.S. Federal Aviation Administration on Friday finalized a rule to require cockpit voice recorders to retain 25 hours of data for all new passenger airplanes in 2027 compared with the current two-hour loop. The National Transportation Safety... Read More.

Current Weather

Exclusive-Donerail offers to buy superyacht service company MarineMax in all-cash deal valued at roughly $1 billion, sources say

California’s $200 million EV incentive program will require matching funds from automakers

Trading Day: Solid data over hard assets

Analysis-Europe’s $955 billion recovery fund struggles to transform economy

Julius Baer profit drops in 2025 amid writedowns but beats expectations

Japan’s TDK says affected by China rare earth curbs, making diversification push

Analysis-Emerging market stocks rally appears intact after buoyant January inflows

Hopeful signs in China’s property market? Not really, say developers

Japan PM Takaichi must face bond investors before winning over voters

US to require planes to keep 25 hours of cockpit voice recordings under FAA rule

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