Business

Samsung SDI signs first EV battery supply deal with Mercedes-Benz

Monday, April 20 by SRN News

SEOUL, April 20 (Reuters) - South Korean battery maker Samsung SDI said on Monday it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles, marking its first EV battery supply deal with the automaker. The batteries will feature high-nickel NCM (nickel,... Read More.

The Latest: US Navy seizure of Iranian ship casts doubt on fresh ceasefire talks in Pakistan

Monday, April 20 by SRN News

The U.S. Navy's forcible seizure of an Iranian-flagged cargo ships threw doubt on an announcement from President Donald Trump that U.S. negotiators will head to Pakistan on Monday for another round of talks with Iran. Trump's announcement Sunday had raised hopes of extending a... Read More.

Analysis-European defence stocks cool as investors reassess war winners

Monday, April 20 by SRN News

By Samuel Indyk and Sophie Kiderlin LONDON, April 20 (Reuters) - Investors have cooled on European defence stocks as profit taking and stretched valuations collide with growing uncertainty over the future of warfare, with the Iran conflict again highlighting the effectiveness of low-cost drones. MSCI's... Read More.

Morning Bid: Markets light on volume and high on hopes

Monday, April 20 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Markets chose to look past weekend headlines and the risk of a re-ignited and wider Mideast conflict, and traded - thinly - on hope for a deal to get ships moving... Read More.

Indonesia, Toyota in talks on potential bioethanol project

Monday, April 20 by SRN News

JAKARTA, April 20 (Reuters) - Indonesia is in talks with Japan's Toyota Motor Asia on a potential joint investment in bioethanol production in the Southeast Asian country, a government official and executives from Toyota told reporters on Monday. Here are some details: • A renewable energy... Read More.

Global cooperation on stablecoins critically important, BIS says

Monday, April 20 by SRN News

By Leika Kihara TOKYO, April 20 (Reuters) - The head of the Bank for International Settlements has made a renewed call for international cooperation on how stablecoins are used, describing it as vital to prevent severe market fragmentation. The central bankers' central bank, as the BIS... Read More.

French prosecutors summon Elon Musk over allegations of child abuse images and deepfakes on X

Monday, April 20 by SRN News

PARIS (AP) - Elon Musk has been summoned to Paris on Monday, where investigators are looking into allegations of misconduct related to the social media platform X, including the spread of child sexual abuse material and deepfake content. The world's richest man and Linda Yaccarino... Read More.

An Iraqi captain keeps sailing despite the threat of attack amid regional war

Monday, April 20 by SRN News

BAGHDAD (AP) - Aboard an oil tanker plying the tense waters between the Gulf of Oman and the Strait of Hormuz, Iraqi Captain Rahman Al-Jubouri continues to work in one of the world's most volatile maritime corridors, where the U.S.-Israel war with Iran has... Read More.

Oil prices and stocks climb as the US-Iran standoff keeps the Strait of Hormuz in limbo

Sunday, April 19 by SRN News

Oil prices climbed more than 5% while Asian shares also advanced Monday as a standoff between Iran and the U.S. prevented tankers from using the Strait of Hormuz. The Persian Gulf waterway was closed again after Iran reversed a decision to reopen the strait... Read More.

Surging record-high US stocks to wade deeper into earnings season

Sunday, April 19 by SRN News

By Lewis Krauskopf NEW YORK, April 17 (Reuters) - Investors will look to a heavy week of U.S. corporate results to further fuel a stunning rebound in the U.S. stock market, which has shaken off war-related concerns to reach record peaks. Hopes for a cooling of... Read More.

Current Weather

Samsung SDI signs first EV battery supply deal with Mercedes-Benz

The Latest: US Navy seizure of Iranian ship casts doubt on fresh ceasefire talks in Pakistan

Analysis-European defence stocks cool as investors reassess war winners

Morning Bid: Markets light on volume and high on hopes

Indonesia, Toyota in talks on potential bioethanol project

Global cooperation on stablecoins critically important, BIS says

French prosecutors summon Elon Musk over allegations of child abuse images and deepfakes on X

An Iraqi captain keeps sailing despite the threat of attack amid regional war

Oil prices and stocks climb as the US-Iran standoff keeps the Strait of Hormuz in limbo

Surging record-high US stocks to wade deeper into earnings season

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