Business

Pernod Ricard warns Iran war to hit full-year sales despite Q3 rebound

Thursday, April 16 by SRN News

PARIS, April 16 (Reuters) - Pernod Ricard, which is in talks to merge with U.S. rival Brown-Forman, reported a stronger-than-expected 0.1% rise in sales for the third quarter but warned the decline in tourism due to the war in Iran would hurt its travel... Read More.

BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll

Thursday, April 16 by SRN News

By Satoshi Sugiyama TOKYO, April 16 (Reuters) - The Bank of Japan will raise its benchmark rate to 1.00% by end-June, with nearly two-thirds of economists in a Reuters poll predicting the move, and a hike this month or in June seen as equally likely... Read More.

Morning Bid: Truce trades ramp up as Trump touts Israel-Lebanon talks

Thursday, April 16 by SRN News

A look at the day ahead in European and global markets from Gregor Stuart Hunter Global equities are setting new records and the dollar is down for a ninth consecutive day to its weakest levels since the Iran war began as traders ramped up bets... Read More.

China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war

Thursday, April 16 by SRN News

HONG KONG (AP) - China's economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far, according to data released Thursday. The January-March data released by the government, covering... Read More.

Could more cattle cause record beef prices to drop? Ranchers say it’s not that simple

Thursday, April 16 by SRN News

MANDAN, N.D. (AP) - It's never been so expensive for Americans to buy a steak or hamburger, but cutting those costs requires ranchers like Stephanie Hatzenbuhler to raise more cattle - and that's not an easy ask. For a host of reasons, Hatzenbuhler and other... Read More.

Pakistani army chief visits Tehran in bid to broker renewed talks between US and Iran

Thursday, April 16 by SRN News

CAIRO (AP) - Pakistan's army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks... Read More.

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

Thursday, April 16 by SRN News

The same ChatGPT chatbot that gave OpenAI's chief financial officer Sarah Friar a tilapia recipe for a recent Sunday night dinner at home is also now doing her most mundane tasks at work like summarizing her emails and Slack messages. Friar and other company... Read More.

The Latest: Pakistan’s army chief to meet Iranian officials in Tehran to push new US-Iran talks

Thursday, April 16 by SRN News

Pakistan's army chief is set to meet with Iranian officials in Tehran on Thursday in a bid to ease tensions in the Middle East and arrange a second round of negotiations between the United States and Iran after almost seven weeks of war. In a... Read More.

Asian stocks mostly higher after Wall Street hits record and oil steadies

Thursday, April 16 by SRN News

HONG KONG (AP) - Asian stocks mostly gained while oil prices steadied Thursday over expectations of an extension of a ceasefire in the Iran war and hopes for more talks between the U.S. and Iran. Tokyo's Nikkei 225 jumped 2.4% to 59,549.59. South Korea's Kospi... Read More.

European banks can withstand current shocks, watchdog head says

Wednesday, April 15 by SRN News

By Elizabeth Howcroft PARIS, April 16 (Reuters) - European lenders are resilient enough to absorb current financial and geopolitical shocks but need to prepare for future uncertainties including cybersecurity risks from AI, François-Louis Michaud, the new head of the European Banking Authority, said. Banks' ability to... Read More.

Current Weather

Pernod Ricard warns Iran war to hit full-year sales despite Q3 rebound

BOJ to hike rates by June as war-fuelled inflation risks mount: Reuters poll

Morning Bid: Truce trades ramp up as Trump touts Israel-Lebanon talks

China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war

Could more cattle cause record beef prices to drop? Ranchers say it’s not that simple

Pakistani army chief visits Tehran in bid to broker renewed talks between US and Iran

ChatGPT maker OpenAI shifts its focus to business users amid Anthropic pressure

The Latest: Pakistan’s army chief to meet Iranian officials in Tehran to push new US-Iran talks

Asian stocks mostly higher after Wall Street hits record and oil steadies

European banks can withstand current shocks, watchdog head says

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