Business

Australia’s inflation slows in November, but core sticky

Tuesday, January 6 by SRN News

SYDNEY, Jan 7 (Reuters) - Australian consumer prices rose by less than forecast in November, data showed on Wednesday, but core inflation showed enough stickiness that investors still saw a risk interest rates would have to be hiked as early as next month. The... Read More.

WTI crude extends decline after Trump says Venezuela will send oil to US

Tuesday, January 6 by SRN News

Jan 7 (Reuters) - U.S. crude fell more than 1% on Wednesday after U.S. President Donald Trump said Venezuela will be "turning over" 30 million to 50 million barrels of sanctioned oil to the United States. U.S. West Texas Intermediate crude (WTI) fell 88 cents,... Read More.

Trump says Venezuela to turn over 30 to 50 million barrels of oil to US

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Venezuela will be "turning over" 30 to 50 million barrels of sanctioned oil to the United States, President Donald Trump said on Tuesday in the aftermath of the toppling of Nicolas Maduro who was seized from his country by U.S.... Read More.

Berkshire Hathaway raises new CEO Abel’s salary to $25 million

Tuesday, January 6 by SRN News

By Jonathan Stempel Jan 6 (Reuters) - Berkshire Hathaway said on Tuesday it raised the salary of new Chief Executive Greg Abel to $25 million, far exceeding the $100,000 annual salary that his predecessor Warren Buffett accepted for more than four decades. Abel, 63, became chief... Read More.

MSCI drops plan to exclude digital asset treasury firms, to launch broader review

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - MSCI said on Tuesday it will not proceed with a proposal to exclude digital asset treasury companies, or DATCOs, from its indexes, but will launch a broader consultation on how non-operating companies should be treated. MSCI said it would maintain the... Read More.

Barclays buys into stablecoin-settlement company Ubyx

Tuesday, January 6 by SRN News

Jan 7 (Reuters) - Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, its first such investment and part of its plans to explore "new forms of digital money", the British bank said on Wednesday. Ubyx, which launched in 2025, is a clearing system... Read More.

Brazil’s Embraer delivers 91 planes in the fourth quarter

Tuesday, January 6 by SRN News

SAO PAULO, Jan 6 (Reuters) - Brazilian planemaker Embraer delivered 91 aircraft in the fourth quarter of 2025, up 21% from the same quarter the year before, the company said in a securities filing on Tuesday. The firm delivered 32 commercial jets and 53 executive... Read More.

KKR to buy sports investor Arctos at $1 billion valuation, Bloomberg News reports

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Global investment firm KKR has agreed to acquire Arctos Partners in a deal that values the sports-focused private equity firm at about $1 billion, Bloomberg News reported on Tuesday. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Shilpi Majumdar) Brought... Read More.

Caterpillar CEO Creed to become chairman

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Caterpillar said on Tuesday that top boss Joe Creed would succeed Jim Umpleby as chairman of the board, effective April 1. Umpleby retires after over four decades at the construction equipment maker, during which he guided the company through several boom-and-bust... Read More.

Trading Day: No pain, plenty gAIn for world stocks

Tuesday, January 6 by SRN News

By Jamie McGeever ORLANDO, Florida, Jan 6 (Reuters) - The S&P 500 and many stock indexes around the world clocked fresh highs on Tuesday, propelled by optimism around AI, while copper prices also hit fresh records, as investors brace for a flurry of U.S. jobs... Read More.

Current Weather

Australia’s inflation slows in November, but core sticky

WTI crude extends decline after Trump says Venezuela will send oil to US

Trump says Venezuela to turn over 30 to 50 million barrels of oil to US

Berkshire Hathaway raises new CEO Abel’s salary to $25 million

MSCI drops plan to exclude digital asset treasury firms, to launch broader review

Barclays buys into stablecoin-settlement company Ubyx

Brazil’s Embraer delivers 91 planes in the fourth quarter

KKR to buy sports investor Arctos at $1 billion valuation, Bloomberg News reports

Caterpillar CEO Creed to become chairman

Trading Day: No pain, plenty gAIn for world stocks

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