Business

US could lift sanctions on more Russian oil, says Bessent

Friday, March 6 by SRN News

March 6 (Reuters) - Treasury Secretary Scott Bessent on Friday said the United States could remove sanctions from more Russian oil, a day after Washington issued a 30-day waiver allowing the sale of Russian crude currently stranded at sea to continue to India. "We may... Read More.

Boeing CEO took home $9.4 million in 2025

Friday, March 6 by SRN News

SEATTLE, March 6 (Reuters) - Boeing CEO Kelly Ortberg took home approximately $9.4 million in 2025, according to the company's proxy statement issued on Friday. His compensation included $1.5 million in salary, $3.9 million in incentive pay and $3.9 million in vested stock units,... Read More.

Boeing close to 500-Jet Order with Trump-Xi Summit, Bloomberg News reports

Friday, March 6 by SRN News

March 6 (Reuters) - Boeing is closing in on one of the largest sales in its history, a 500-aircraft order for 737 Max jets set to be unveiled when U.S. President Donald Trump travels to Beijing for his first state visit to China since... Read More.

US to reinsure maritime losses in Gulf up to about $20 billion, agency says

Friday, March 6 by SRN News

WASHINGTON, March 6 (Reuters) - The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region, to help provide confidence for oil and gas shippers during the war on Iran, the U.S. International Development Finance Corporation said on Friday. President... Read More.

Australian central banker says US dollar remains a safe haven for investors

Friday, March 6 by SRN News

March 6 (Reuters) - A top Australian central banker said on Friday that the days of U.S. "exorbitant privilege" may be coming to an end, but the dollar's safe-haven rally this week after the Middle East war suggests any change will be glacial. Speaking... Read More.

Emerging market equity funds slide as Iran conflict sparks selloff

Friday, March 6 by SRN News

March 6 (Reuters) - Emerging market equity funds have posted steep declines this month as investors cut exposure to risk assets amid the escalating Iran conflict, making them among the worst performers across asset classes. Based on LSEG Lipper calculations, equity funds focused on Pakistan,... Read More.

Fast fashion garments pile up in South Asia as Middle East conflict grounds planes

Friday, March 6 by SRN News

By Ruma Paul, Alessandro Parodi and Helen Reid DHAKA, March 6 (Reuters) - Shipments of garments for Zara owner Inditex and other major clothing retailers are stranded at airports in Bangladesh and India, according to three manufacturers, as the conflict in the Middle East forces... Read More.

BlackRock fund limits withdrawals as redemptions rattle private credit

Friday, March 6 by SRN News

By Ateev Bhandari and Isla Binnie NEW YORK, March 6 (Reuters) - BlackRock said on Friday it has limited withdrawals from a flagship debt fund after a surge in redemption requests, as investor worries mount around the $2 trillion private credit industry. Shares of the world's... Read More.

NYSE fined $9 million by SEC over glitch that disrupted stock market

Friday, March 6 by SRN News

By Jonathan Stempel NEW YORK, March 6 (Reuters) - The New York Stock Exchange has agreed to pay a $9 million civil fine to settle U.S. Securities and Exchange Commission charges over a computer glitch that disrupted the stock market open in January 2023, causing... Read More.

BP seeks at least $3.7 billion from Venture Global arbitration, filing says

Friday, March 6 by SRN News

LONDON, March 6 (Reuters) - BP is seeking at least $3.7 billion from its arbitration win against Venture Global in a case concerning liquefied natural gas (LNG) cargoes, Venture Global's annual report shows. The remedies sought by BP include damages ranging from $3.7 billion... Read More.

Current Weather

US could lift sanctions on more Russian oil, says Bessent

Boeing CEO took home $9.4 million in 2025

Boeing close to 500-Jet Order with Trump-Xi Summit, Bloomberg News reports

US to reinsure maritime losses in Gulf up to about $20 billion, agency says

Australian central banker says US dollar remains a safe haven for investors

Emerging market equity funds slide as Iran conflict sparks selloff

Fast fashion garments pile up in South Asia as Middle East conflict grounds planes

BlackRock fund limits withdrawals as redemptions rattle private credit

NYSE fined $9 million by SEC over glitch that disrupted stock market

BP seeks at least $3.7 billion from Venture Global arbitration, filing says

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