Business

Oil slips again as US, Iran sign peace deal

Wednesday, June 17 by SRN News

By Colleen Howe BEIJING, June 18 (Reuters) - Oil prices fell in early trading on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran's oil, resolving the... Read More.

Nippon Steel ‘not yet satisfied’ with US Steel reforms, Nikkei reports

Wednesday, June 17 by SRN News

June 18 (Reuters) - Nippon Steel has seen positive results from efforts to improve operations at U.S. Steel, one year after its acquisition, but is not yet satisfied with the pace of reforms, the Nikkei newspaper reported on Thursday, citing the steelmaker's vice chairman... Read More.

Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says

Wednesday, June 17 by SRN News

By Dawn Chmielewski LOS ANGELES, June 17 (Reuters) - Chinese regulators have cleared the $110 billion merger between Paramount Skydance and Warner Bros Discovery, according to a source familiar with the decision. The antitrust ruling comes on the heels of similar approvals from the U.S. Department... Read More.

CME to sue commodities regulator over perpetual futures, CEO Duffy tells CNBC

Wednesday, June 17 by SRN News

June 17 (Reuters) - CME Group chief Terry Duffy, who announced his plans to step down from his role next year, told CNBC in an interview that the exchange operator will sue the Commodity Futures Trading Commission over its approval for perpetual futures. The veteran... Read More.

KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus

Wednesday, June 17 by SRN News

By Sabrina Valle NEW YORK, June 17 (Reuters) - Private equity firm KKR on Wednesday disclosed a $1.4 billion fresh bet on aircraft leasing with partner Altavair, as persistent supply shortfalls at Airbus and Boeing keep plane availability tight. Leasing companies and private equity firms have... Read More.

At Hong Kong auto show, China automakers to target wealthy in right-hand-drive markets

Wednesday, June 17 by SRN News

HONG KONG, June 18 (Reuters) - Chinese automakers are speeding into right-hand-drive markets from Australia to Southeast Asia and challenging long-dominant Japanese car companies with premium electric vehicles aimed at affluent consumers. At the Hong Kong auto show that opens on Thursday, brands like... Read More.

The Media Line: President Trump Defends Iran Deal, Warns US Could Resume Strikes

Wednesday, June 17 by SRN News

President Trump Defends Iran Deal, Warns US Could Resume Strikes The emerging agreement would reopen the Strait of Hormuz, extend the ceasefire, and commit Iran not to produce or acquire nuclear weapons By The Media Line Staff President Donald Trump, in... Read More.

US Air Force awards production contracts to General Atomics, Anduril for drone wingmen

Wednesday, June 17 by SRN News

WASHINGTON, June 17 (Reuters) - The U.S. Air Force on Wednesday awarded production contracts to General Atomics and Anduril Industries to build its first fleet of semi-autonomous Collaborative Combat Aircraft (CCA), moving a program that began just over two years ago from prototype to... Read More.

Treasury yields rise after Warsh’s debut meeting brings hawkish shift

Wednesday, June 17 by SRN News

By Colin Barr NEW YORK, June 17 (Reuters) - Short-term Treasury yields rose to the highest in 16 months on Wednesday after investors took a string of strong economic data, a U.S. Federal Reserve decision to hold interest rates steady and the debut of new... Read More.

Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say

Wednesday, June 17 by SRN News

By David French and Svea Herbst-Bayliss NEW YORK, June 17 (Reuters) - Activist investor TOMS Capital Investment Management has acquired a sizable stake in Devon Energy and is pressing the U.S. shale operator to sell assets or put itself up for sale, five people familiar... Read More.

Current Weather

Oil slips again as US, Iran sign peace deal

Nippon Steel ‘not yet satisfied’ with US Steel reforms, Nikkei reports

Chinese regulators clear Paramount Skydance-Warner Bros Discovery merger, source says

CME to sue commodities regulator over perpetual futures, CEO Duffy tells CNBC

KKR bets $1.4 billion on aircraft leasing, eyes airlines, Boeing and Airbus

At Hong Kong auto show, China automakers to target wealthy in right-hand-drive markets

The Media Line: President Trump Defends Iran Deal, Warns US Could Resume Strikes

US Air Force awards production contracts to General Atomics, Anduril for drone wingmen

Treasury yields rise after Warsh’s debut meeting brings hawkish shift

Activist TOMS Capital pushes US shale producer Devon to quicken asset sales or sell itself, sources say

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