Business

BUSINESS HEADLINES

Tuesday, June 16 by SRN News

AP Exclusive: Nvidia's Jensen Huang says society needs 'new social norms' in the age of AI SHERMAN, Texas (AP) - Nvidia CEO Jensen Huang - whose work helped propel artificial intelligence - is stressing in an Associated Press interview that society has no choice... Read More.

Japan’s exports rise on weak yen, AI boom, but price-led gains mask weak volumes

Tuesday, June 16 by SRN News

By Makiko Yamazaki TOKYO, June 17 (Reuters) - Japan's exports grew for a ninth straight month in May, data showed on Wednesday, as a weaker yen, higher commodity prices and solid semiconductor demand offset the drag from major supply disruptions linked to the U.S.-Israeli... Read More.

Oil slides on Iran supply prospects as traders wait on Warsh

Tuesday, June 16 by SRN News

SINGAPORE, June 17 (Reuters) - Tumbling crude prices on news that Iranian fuel may soon hit global markets promised inflation relief and pushed bond yields lower on Wednesday, while stocks and currencies were quieter ahead of Kevin Warsh's debut meeting as Federal Reserve chair. Brent... Read More.

Container imports soar at busiest US port in May as buyers try to outrun rising fuel costs

Tuesday, June 16 by SRN News

By Lisa Baertlein LOS ANGELES, June 16 (Reuters) - Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like plastic school supplies before cargo ship owners start recouping higher fuel costs... Read More.

Cargill studies beef tallow for Brazil biodiesel as US tariffs bite

Tuesday, June 16 by SRN News

SAO PAULO, June 16 (Reuters) - Cargill is studying the feasibility of using beef tallow to produce biodiesel in Brazil, a trader for the firm said on Tuesday, as U.S. tariffs have made exports of the animal fat less attractive. • The U.S.-based company does... Read More.

US asset managers file for first ETFs targeting Wall Street’s new obsession, AI and the ‘MANGOS’

Tuesday, June 16 by SRN News

By Suzanne McGee June 16 (Reuters) - Just days after SpaceX wrapped up its record $75 billion initial public stock offering and ignited another burst of enthusiasm among traders for all things AI, two asset managers disclosed plans to launch exchange-traded funds linked to the... Read More.

As chair, Warsh finally has a chance to put stamp on Fed balance sheet

Tuesday, June 16 by SRN News

By Michael S. Derby June 16 (Reuters) - In the run-up to becoming leader of the Federal Reserve, Kevin Warsh flagged as a cornerstone issue his belief that the central bank's bond holdings must be reduced because they are too big and harmful to the... Read More.

Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume

Tuesday, June 16 by SRN News

June 16 (Reuters) - Goldman Sachs managed more than $1 trillion worth of announced mergers and acquisitions so far in 2026, marking a record pace for any investment bank within a half-year period, the Wall Street giant said in a LinkedIn post citing Dealogic... Read More.

Shein and Paris department store end controversial partnership

Tuesday, June 16 by SRN News

PARIS, June 16 (Reuters) - French department store BHV and online fast-fashion retailer Shein have ended their partnership, just seven months after the opening of a permanent Shein shop in the Paris department store triggered controversy and widespread criticism. • Societe des Grands Magasins (SGM),... Read More.

Congo opposition condemns new bill seen as opening the way for a third term for President Tshisekedi

Tuesday, June 16 by SRN News

DAKAR, Senegal (AP) - Congo's opposition on Tuesday condemned the adoption of a bill that could open the door to a third term for President Félix Tshisekedi, denouncing what they say is a power grab. The bill, adopted by the Senate on Monday, would enable... Read More.

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BUSINESS HEADLINES

Japan’s exports rise on weak yen, AI boom, but price-led gains mask weak volumes

Oil slides on Iran supply prospects as traders wait on Warsh

Container imports soar at busiest US port in May as buyers try to outrun rising fuel costs

Cargill studies beef tallow for Brazil biodiesel as US tariffs bite

US asset managers file for first ETFs targeting Wall Street’s new obsession, AI and the ‘MANGOS’

As chair, Warsh finally has a chance to put stamp on Fed balance sheet

Goldman Sachs shatters dealmaking records with $1 trillion in first-half M&A volume

Shein and Paris department store end controversial partnership

Congo opposition condemns new bill seen as opening the way for a third term for President Tshisekedi

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