Business

Analysis-Venezuela debt rally belies complex creditor web, political quagmire

Wednesday, January 7 by SRN News

By Libby George and Karin Strohecker LONDON, Jan 6 (Reuters) - After nearly a decade of default limbo, the U.S. removal of Venezuela's Nicolas Maduro has turned debt restructuring from a distant hope into a real possibility for bondholders, fuelling a rally in its bonds. Yet... Read More.

Brazil surpassing US as top beef producer, easing global supply squeeze

Wednesday, January 7 by SRN News

By Ana Mano and Peter Hobson BARRETOS, Brazil, Jan 7 (Reuters) - Brazil surpassed the U.S. as the world's top beef producer last year, according to market estimates, after the South American country beat output forecasts by hundreds of thousands of tons, easing a global... Read More.

Qualcomm in talks with Samsung Electronics for contract manufacturing, South Korean newspaper says

Wednesday, January 7 by SRN News

SEOUL, Jan 7 (Reuters) - Qualcomm is in talks with Samsung Electronics over contract manufacturing of two-nanometre chips, the U.S. company's CEO Cristiano Amon was quoted by the Korea Economic Daily as saying on Wednesday. The South Korean paper cited Amon as saying that Qualcomm... Read More.

Chevron, Quantum Energy to bid for Lukoil global assets worth $22 billion, FT reports

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - U.S. oil major Chevron and private equity group Quantum Energy Partners are teaming up to bid for the international assets of Russian oil major Lukoil, which are valued at $22 billion, the Financial Times reported on Wednesday. "Chevron has a diverse... Read More.

Toronto home sales fall for a third straight month on economic uncertainty

Wednesday, January 7 by SRN News

By Fergal Smith TORONTO, Jan 7 (Reuters) - Greater Toronto Area home sales fell for a third straight month in December and prices declined as economic uncertainty kept homebuyers on the sidelines, Toronto Regional Real Estate Board data showed on Wednesday. Seasonally adjusted sales dipped 0.4%... Read More.

Entertainment leaders amp up discussions about AI, creators and innovative tech at CES 2026

Wednesday, January 7 by SRN News

LAS VEGAS (AP) - The world's largest tech showcase does not come without theatrics. Innovations and gadgets like a lollipop that sings to you as you consume it, a laundry-folding robot and a "smart" LEGO brick have stolen the spotlight so far at CES... Read More.

Strategy rises as MSCI shelves plans to exclude crypto treasury firms from indexes

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - Shares of billionaire Michael Saylor's Strategy rose 6% in premarket trading on Wednesday, after MSCI dropped a plan to exclude the bitcoin hoarder and other crypto treasury firms from its indexes. Digital asset treasury companies, often called DATCOs, surged in popularity... Read More.

Volvo Cars sales volume rises 2% in December

Wednesday, January 7 by SRN News

Jan 7 (Reuters) - Sweden-based Volvo Cars sold 75,049 cars in December, up 2% from a year earlier, it said on Wednesday. Volvo Cars, which is majority-owned by China's Geely Holding, said in a statement the sale of fully electric cars rose 28% year-on-year. Sales... Read More.

Xiaomi begins pre-orders for spruced up version of SU7 sedan, stresses safety features

Wednesday, January 7 by SRN News

BEIJING, Jan 7 (Reuters) - China's Xiaomi began taking pre-orders on Wednesday for an upgraded version of its SU7 model, aiming to boost the popularity of the company's best-selling electric sedan in the highly competitive Chinese market. Xiaomi's announcement comes as it faces increased... Read More.

BlueScope Steel investors seek price bump for $9 billion buyout offer

Wednesday, January 7 by SRN News

By Scott Murdoch and Christine Chen SYDNEY, Jan 7 (Reuters) - BlueScope Steel investors said they are hoping a A$13.2 billion ($8.92 billion) buyout bid for the company from SGH and U.S.-based Steel Dynamics will be raised to win their backing to sell Australia's largest... Read More.

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Analysis-Venezuela debt rally belies complex creditor web, political quagmire

Brazil surpassing US as top beef producer, easing global supply squeeze

Qualcomm in talks with Samsung Electronics for contract manufacturing, South Korean newspaper says

Chevron, Quantum Energy to bid for Lukoil global assets worth $22 billion, FT reports

Toronto home sales fall for a third straight month on economic uncertainty

Entertainment leaders amp up discussions about AI, creators and innovative tech at CES 2026

Strategy rises as MSCI shelves plans to exclude crypto treasury firms from indexes

Volvo Cars sales volume rises 2% in December

Xiaomi begins pre-orders for spruced up version of SU7 sedan, stresses safety features

BlueScope Steel investors seek price bump for $9 billion buyout offer

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