Business

Morning Bid: Six-week roundtrip

Thursday, April 16 by SRN News

By Mike Dolan April 16 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets After a dreary, war-filled six weeks, global stocks are once again at record highs. Fresh U.S.-Iran peace talks look like they could be on... Read More.

Google should allow third-party search engines access to data, EU says

Thursday, April 16 by SRN News

BRUSSELS, April 16 (Reuters) - The European Commission has proposed that Google allow third-party search engines to access its search data, including that of artificial intelligence chatbots with search functionalities, to comply with the Digital Markets Act, the commission said on Thursday. Clare Kelly, Google's... Read More.

Gatorade, inventor of the sports drink, is getting a rebrand targeting non-athletes

Thursday, April 16 by SRN News

Sixty years after it invented sports drinks, Gatorade is making a surprising pivot: It's no longer focusing primarily on athletes. PepsiCo, Gatorade's parent company, said Thursday that the brand wants to broaden its reach to non-athletes who are looking for ways to hydrate, whether they're... Read More.

Taiwan’s chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

Thursday, April 16 by SRN News

HONG KONG (AP) - Taiwan's chipmaker TSMC, one of the world's largest companies, reported a 58% jump in profit on Thursday for the January-March quarter, thanks to strong demand driven by the artificial intelligence boom even as the Iran war was driving up costs. Taiwan... Read More.

PepsiCo’s sales jump after it cuts prices

Thursday, April 16 by SRN News

PURCHASE, N.Y. (AP) - PepsiCo's decision to cut prices and some new snacks boosted demand in the first quarter. Revenue jumped 8.5% to $19.44 billion in the January-March period compared to the same period a year ago, the Purchase, New York, company said Thursday. That... Read More.

Circle CEO sees ‘tremendous opportunity’ for yuan-backed stablecoin

Thursday, April 16 by SRN News

By Summer Zhen and Selena Li HONG KONG, April 16 (Reuters) - Circle Internet Group sees "tremendous opportunity" for yuan-backed stablecoin as digital money becomes increasingly integrated into global trade and finance, said the chief of the world's largest regulated stablecoin issuer. China wants... Read More.

Brazilian payments firm Ebanx makes Southeast Asia push

Thursday, April 16 by SRN News

By Andre Romani SAO PAULO, 16 April (Reuters) - Brazilian cross-border payments company Ebanx said it is expanding global operations, with a focus on Southeast Asia, strengthening its footprint outside Latin America. Ebanx, which provides Uber, Shein and other global tech firms with payment methods... Read More.

Pernod CFO says talks with Brown-Forman are “ongoing”

Thursday, April 16 by SRN News

PARIS, April 16 (Reuters) - Pernod Ricard's talks to merge with U.S. rival Brown-Forman are continuing, Pernod Ricard's finance chief said on Thursday. Helene de Tissot told a conference call with analysts that talks are "ongoing", adding the company does not intend to communicate further. U.S.... Read More.

EQT restarts sale of contact lens maker Ginko in at least $1 billion deal, sources say

Thursday, April 16 by SRN News

By Kane Wu HONG KONG, April 16 (Reuters) - Private equity firm EQT is restarting the sale process for the mainland Chinese business of contact lens maker Ginko International, targeting a valuation of at least $1 billion, three people with knowledge of the matter said. EQT... Read More.

Hyundai Motor’s US sales chief has left the company, Automotive News reports

Thursday, April 16 by SRN News

SEOUL, April 16 (Reuters) - Michael Orange, the Hyundai Motor executive responsible for sales in all of the automaker's seven U.S. regions, left the company on Tuesday, Automotive News reported. The automaker was not immediately available for comment. (Reporting by Hyunjoo JinEditing by... Read More.

Current Weather

Morning Bid: Six-week roundtrip

Google should allow third-party search engines access to data, EU says

Gatorade, inventor of the sports drink, is getting a rebrand targeting non-athletes

Taiwan’s chipmaker TSMC reports 58% jump in profit, warns about Iran war impacts

PepsiCo’s sales jump after it cuts prices

Circle CEO sees ‘tremendous opportunity’ for yuan-backed stablecoin

Brazilian payments firm Ebanx makes Southeast Asia push

Pernod CFO says talks with Brown-Forman are “ongoing”

EQT restarts sale of contact lens maker Ginko in at least $1 billion deal, sources say

Hyundai Motor’s US sales chief has left the company, Automotive News reports

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