Business

Gold inches closer to record high as geopolitical risks, Fed cut bets boost demand

Tuesday, January 6 by SRN News

By Pablo Sinha Jan 6 (Reuters) - Gold prices edged higher on Tuesday, hovering at a one-week peak and closing in on record levels, with safe-haven demand being fed by geopolitical tensions over the U.S. capture of Venezuela's president and expectations of U.S. rate... Read More.

AWS, Aumovio expand AI-driven development of self-driving vehicles

Tuesday, January 6 by SRN News

LAS VEGAS, Jan 6 (Reuters) - Amazon's cloud unit has partnered with German automotive hardware supplier Aumovio to support the commercial rollout of self-driving vehicles, starting with Aurora's autonomous trucks, the companies said on Tuesday. As part of an expansion of a long-running partnership,... Read More.

Venezuela’s oil deliveries to Asia at standstill, Chevron’s exports flowing -shipping data

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Venezuela's main oil ports on Tuesday entered their fifth day without delivering crude for state-run PDVSA's customers in Asia, which are the OPEC country's main buyers, shipping data showed, as the U.S. presses the nation through an oil embargo. Chevron,... Read More.

China buys more US soybeans, total purchases near 10 million tons

Tuesday, January 6 by SRN News

By Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Jan 6 (Reuters) - China's state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world's top buyer continues purchasing from the United States following a late-October trade truce. The... Read More.

Morgan Stanley forecasts gold at $4,800 by fourth quarter of 2026

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - Morgan Stanley forecast gold would hit $4,800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal Reserve, and buying by central banks and funds. In a... Read More.

AIG CEO Zaffino to step down and transition to executive chair

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - American International Group said on Tuesday CEO Peter Zaffino will step down by mid-year and move into the role of executive chair of the board. It named insurance industry veteran Eric Andersen as its new president and CEO-elect to replace Zaffino,... Read More.

Grab acquires AI robotics firm Infermove to boost delivery capabilities

Tuesday, January 6 by SRN News

SINGAPORE, Jan 6 (Reuters) - Singapore's Grab Holdings said it has acquired China-based Infermove, a developer of AI-enabled robotics solutions, to strengthen its first- and last-mile delivery capabilities. "As we are constantly looking for new ways to bridge online and offline in better and smarter... Read More.

Private equity firms expected to unleash middle market M&A deals, survey says

Tuesday, January 6 by SRN News

NEW YORK, Jan 6 (Reuters) - M&A activity is expected to rise among midsize companies as private equity firms become more willing to do deals, according to a Citizens Financial survey of about 400 companies. Executives at middle market companies and private equity firms are... Read More.

Wall Street futures muted as investors pause after rally

Tuesday, January 6 by SRN News

Jan 6 (Reuters) - U.S. stock index futures were muted on Tuesday as investors took a breather after Wall Street posted its biggest intraday gains in weeks in the previous session, while markets braced for a data-heavy week of labor reports. A rally in financial... Read More.

Morning Bid: Swiftly moving on

Tuesday, January 6 by SRN News

By Marc Jones LONDON, Jan 6 (Reuters) - What matters in U.S. and global markets today Global stocks' march to ever-higher peaks undefined is still going strong, although both Wall Street futures and the dollar look a tad groggy this morning. Perhaps there's a bit of... Read More.

Current Weather

Gold inches closer to record high as geopolitical risks, Fed cut bets boost demand

AWS, Aumovio expand AI-driven development of self-driving vehicles

Venezuela’s oil deliveries to Asia at standstill, Chevron’s exports flowing -shipping data

China buys more US soybeans, total purchases near 10 million tons

Morgan Stanley forecasts gold at $4,800 by fourth quarter of 2026

AIG CEO Zaffino to step down and transition to executive chair

Grab acquires AI robotics firm Infermove to boost delivery capabilities

Private equity firms expected to unleash middle market M&A deals, survey says

Wall Street futures muted as investors pause after rally

Morning Bid: Swiftly moving on

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