Business

How US-Israeli war on Iran is upending global business

Thursday, March 12 by SRN News

March 12 (Reuters) - The U.S.-Israeli war on Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts. Below are... Read More.

US applications for unemployment benefits inch down to 213,000 as layoffs remain stable

Thursday, March 12 by SRN News

WASHINGTON (AP) - U.S. applications for unemployment benefits inched down modestly last week as layoffs remain at historically healthy levels despite a weakening job market. The number of Americans filing for jobless aid for the week ending March 7 fell by 1,000 to 213,000 the... Read More.

Ships identify themselves as Chinese around Strait of Hormuz during Iran war to avoid attacks

Thursday, March 12 by SRN News

HONG KONG (AP) - Some commercial ships near or in the Strait of Hormuz and Persian Gulf have declared themselves as China-linked since the Iran war began, marine traffic data show, as their operators apparently try to reduce risks of being targeted in attacks.... Read More.

Is Atlanta still the ‘Hollywood of the South’? A film boomtown faces a test

Thursday, March 12 by SRN News

ATLANTA (AP) - Chris Ratledge used to make as much as $9,500 a week working on film sets around Atlanta. Now, he's on food stamps. The 48-year-old digital imaging technician moved from Indiana to Georgia in 2017 as studios - lured by generous tax credits... Read More.

China widens BHP iron ore ban amid contract talks, sources say

Thursday, March 12 by SRN News

March 12 (Reuters) - China has widened a ban on BHP iron ore for the second time in two weeks, escalating a months-long contract dispute with the world's third-largest supplier of the key steelmaking ingredient. China Mineral Resources Group (CMRG), the state-run iron ore buyer,... Read More.

Deutsche Bank highlights private credit risks as portfolio grows

Thursday, March 12 by SRN News

FRANKFURT, March 12 (Reuters) - Deutsche Bank said on Thursday that its private credit portfolio grew around 6% to nearly 26 billion euros ($30.05 billion) in 2025 as it highlighted risks to the headline-grabbing sector. The disclosure, made in the bank's annual report, comes... Read More.

EU urges US to view it as ally in tackling overcapacity, not source of problem

Thursday, March 12 by SRN News

BRUSSELS, March 12 (Reuters) - The United States should view the European Union as a partner in the fight against manufacturing overcapacity rather than a cause of the problem, the European Commission said on Thursday after the U.S. administration launched investigations into unfair trade... Read More.

JPMorgan restricts lending to private credit firms, Bloomberg News reports

Thursday, March 12 by SRN News

March 12 (Reuters) - JPMorgan Chase has restricted lending to private credit firms after marking down the value of certain loans in their portfolios, Bloomberg News reported on Wednesday. The marked-down loans are to software companies, a sector that has been under heightened pressure as... Read More.

Dollar General forecasts annual sales below estimates

Thursday, March 12 by SRN News

March 12 (Reuters) - Dollar General forecast annual comparable sales below Wall Street estimates on Thursday, as bargain-hunting customers turn to other discount stores and online retailers for better deals amid economic uncertainty. Shares of the company were down about 3% in premarket trading. The... Read More.

SoftBank’s PayPay set for hotly anticipated Nasdaq debut after raising $880 million

Thursday, March 12 by SRN News

By Arasu Kannagi Basil and Utkarsh Shetti March 12 (Reuters) - SoftBank's PayPay will begin trading on the Nasdaq later on Thursday, after the Japanese payments app raised about $880 million in its hotly anticipated U.S. initial public offering. The company pushed ahead with the offering... Read More.

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How US-Israeli war on Iran is upending global business

US applications for unemployment benefits inch down to 213,000 as layoffs remain stable

Ships identify themselves as Chinese around Strait of Hormuz during Iran war to avoid attacks

Is Atlanta still the ‘Hollywood of the South’? A film boomtown faces a test

China widens BHP iron ore ban amid contract talks, sources say

Deutsche Bank highlights private credit risks as portfolio grows

EU urges US to view it as ally in tackling overcapacity, not source of problem

JPMorgan restricts lending to private credit firms, Bloomberg News reports

Dollar General forecasts annual sales below estimates

SoftBank’s PayPay set for hotly anticipated Nasdaq debut after raising $880 million

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