Business

Packaging firm International Paper to split into two to sharpen North America focus

Thursday, January 29 by SRN News

Jan 29 (Reuters) - International Paper said on Thursday it would split into two publicly traded companies by spinning off its European packaging business, aiming to streamline its operations and boost productivity across North America. The move is expected to aid the paper and packaging... Read More.

PicPay IPO breaks four-year drought for Brazilian companies

Thursday, January 29 by SRN News

SAO PAULO/NEW YORK, Jan 29 (Reuters) - Brazilian digital bank PicPay, controlled by the billionaire Batista family, debuts on Nasdaq on Thursday after raising $434 million in an initial public offering, the first new stock listing by a Brazilian company in more than four... Read More.

Explainer-What is MSCI and what has it done to Indonesia’s stock market?

Thursday, January 29 by SRN News

By Gregor Stuart Hunter SINGAPORE, Jan 29 (Reuters) - MSCI is a powerhouse within the $139 trillion asset management industry and its decisions are hugely consequential for countries around the world - as Indonesian investors learned this week to their cost. The Jakarta Composite Index plunged... Read More.

Deutsche Bank posts biggest annual profit in nearly two decades a day after police search

Thursday, January 29 by SRN News

By Tom Sims and Matthias Inverardi FRANKFURT, Jan 29 (Reuters) - Deutsche Bank on Thursday posted its largest annual profit since 2007 after a stronger-than-expected fourth quarter, a day after police searched the bank in an alleged money-laundering probe. Germany's largest lender recorded net profit attributable... Read More.

Hyundai to recall about 569,000 SUVs in US over faulty deployment of air bags

Thursday, January 29 by SRN News

Jan 29 (Reuters) - Hyundai Motor is recalling 568,576 Palisade sports utility vehicles in the U.S. over improper deployment of side curtain airbags, the National Highway Traffic Safety Administration (NHTSA) said on Thursday. NHTSA said the side curtain air bags for third-row occupants in these... Read More.

Layoffs are piling up, heightening worker anxiety. Here are some of the biggest job cuts recently

Wednesday, January 28 by SRN News

NEW YORK (AP) - As layoffs pile up, workers are feeling increasingly anxious about the job market. In the U.S., economists have said that businesses are largely at a "no-hire, no fire" standstill, leading many to limit new work, if not pause openings entirely amid... Read More.

German investigators search Deutsche Bank offices in money laundering probe

Wednesday, January 28 by SRN News

FRANKFURT, Germany (AP) - German investigators searched the offices of Deutsche Bank, Germany's largest, on Wednesday in connection with an investigation into possible money laundering, officials said. Prosecutors in Frankfurt said that the probe focused on "unknown employees" and the bank's prior business relationships... Read More.

Threat to Fed’s independence boosts economic uncertainty, says Bank of Canada head

Wednesday, January 28 by SRN News

By David Ljunggren and Promit Mukherjee OTTAWA, Jan 28 (Reuters) - The threat to the independence of the U.S. Federal Reserve is boosting economic uncertainty around the world, Bank of Canada Governor Tiff Macklem said on Wednesday in his strongest comments to date on the... Read More.

Storm tests American Airlines as stranded crews face hotel shortages, long waits for help

Wednesday, January 28 by SRN News

By Rajesh Kumar Singh CHICAGO, Jan 28 (Reuters) - The winter storm that swept the U.S. last weekend did more than ground thousands of American Airlines flights. It strained the carrier's recovery system - from finding crews hotel rooms to rebuilding schedules after days of... Read More.

Australian wine exports shrank in 2025 as drinkers sober up

Tuesday, January 27 by SRN News

CANBERRA, Jan 28 (Reuters) - The value of Australia's wine exports fell by 8% to A$2.34 billion ($1.6 billion) in 2025 as a global decline in drinking led to lower shipments to key markets including China and Britain, an industry body said on Wednesday.... Read More.

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Packaging firm International Paper to split into two to sharpen North America focus

PicPay IPO breaks four-year drought for Brazilian companies

Explainer-What is MSCI and what has it done to Indonesia’s stock market?

Deutsche Bank posts biggest annual profit in nearly two decades a day after police search

Hyundai to recall about 569,000 SUVs in US over faulty deployment of air bags

Layoffs are piling up, heightening worker anxiety. Here are some of the biggest job cuts recently

German investigators search Deutsche Bank offices in money laundering probe

Threat to Fed’s independence boosts economic uncertainty, says Bank of Canada head

Storm tests American Airlines as stranded crews face hotel shortages, long waits for help

Australian wine exports shrank in 2025 as drinkers sober up

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