Business

Global EV sales fall again in February

Friday, March 13 by SRN News

By Alessandro Parodi March 13 (Reuters) - Global EV registrations fell 11% in February, dragged by China's largest sales drop since the onset of the COVID-19 pandemic in early 2020, data by consultancy Benchmark Mineral Intelligence (BMI) showed on Friday. As governments worldwide hit the brake... Read More.

Wall St futures inch up as investors weigh Middle East unrest ahead of data

Friday, March 13 by SRN News

By Johann M Cherian and Utkarsh Hathi March 13 (Reuters) - U.S. stock index futures inched up in choppy trading on Friday ahead of reports on economic growth and inflation, while a widening conflict in the Middle East threatened to stoke price... Read More.

Analysis-Honda’s $15.7 billion EV writedown is painful, but China challenges loom down the road

Friday, March 13 by SRN News

By Daniel Leussink TOKYO, March 13 (Reuters) - Honda's $15.7 billion writedown of its electric vehicle business is not just a painful reversal of its strategy for the U.S.; it also highlights more challenges to come from China, where it faces a widening technological gap. On... Read More.

Tighter checks disrupt Brazilian soybean exports to China

Friday, March 13 by SRN News

By Ella Cao and Naveen Thukral BEIJING/SINGAPORE, March 13 (Reuters) - Tighter phytosanitary checks are hitting Brazilian soybean shipments to China, threatening to squeeze supplies to the world's top importer after authorities in the South American country stepped up inspections at Beijing's request. Brazil's Agriculture Ministry... Read More.

Analysis-New Target CEO slashes prices. Previous cuts offered short-lived sales boost

Friday, March 13 by SRN News

March 13 (Reuters) - In his first big move since taking over as Target's CEO last month, Michael Fiddelke took a page out of his predecessor's playbook to shore up demand: slashing prices on more than 3,000 products. A strategy favored by former Target boss... Read More.

MUFG to monitor liquidity impact of new loans amid Japan’s US investment push

Friday, March 13 by SRN News

By Anton Bridge and Miho Uranaka TOKYO, March 13 (Reuters) - Mitsubishi UFJ Financial Group will closely monitor liquidity when issuing loans, an executive said, as Japanese banks prepare to potentially back projects under the country's $550 billion investment package in the United States. Japanese financial... Read More.

Investors await Fed rate outlook as Iran war keeps markets on edge

Friday, March 13 by SRN News

By Lewis Krauskopf NEW YORK, March 13 (Reuters) - Investors will seek clarity in the coming week on how much the Middle East conflict is complicating expectations for interest-rate cuts this year, as they brace for developments in the Iran war that could rattle markets. U.S.... Read More.

US farmers rush to sell crops as Iran war fuels rally

Friday, March 13 by SRN News

By Tom Polansek CHICAGO, March 13 (Reuters) - U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soybean sales by farmers who squirreled away last year's harvests due to weak prices. Since the U.S. and Israel attacked Iran,... Read More.

Credit-card cash reshapes US airline loyalty — and profit

Friday, March 13 by SRN News

By Rajesh Kumar Singh CHICAGO, March 13 (Reuters) - For years, the fortunes of U.S. airlines have been dictated by fares, fuel bills and how many passengers fill their cabins. Now, a growing share of their cash comes from co-branded credit cards, and that is... Read More.

Trump crypto venture offers “guaranteed direct access” for $5 million

Friday, March 13 by SRN News

By Michelle Conlin and Tom Wilson NEW YORK, March 13 (Reuters) - Investors in World Liberty Financial, the crypto venture co-founded by President Trump and his sons, have secured what the company described on its website as "guaranteed direct access" to certain members of its... Read More.

Current Weather

Global EV sales fall again in February

Wall St futures inch up as investors weigh Middle East unrest ahead of data

Analysis-Honda’s $15.7 billion EV writedown is painful, but China challenges loom down the road

Tighter checks disrupt Brazilian soybean exports to China

Analysis-New Target CEO slashes prices. Previous cuts offered short-lived sales boost

MUFG to monitor liquidity impact of new loans amid Japan’s US investment push

Investors await Fed rate outlook as Iran war keeps markets on edge

US farmers rush to sell crops as Iran war fuels rally

Credit-card cash reshapes US airline loyalty — and profit

Trump crypto venture offers “guaranteed direct access” for $5 million

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