Business

Oil prices fall as hopes for US-Iran deal outweigh supply disruption concerns

Wednesday, April 15 by SRN News

By Yuka Obayashi TOKYO, April 16 (Reuters) - Oil prices fell in early trade on Thursday as hopes for easing U.S.-Iran tensions, following reports that Iran could allow ships to pass through around the Strait of Hormuz, outweighed concerns over ongoing supply disruptions. Brent crude futures... Read More.

Asia markets advance on peace deal hopes, corporate earnings

Wednesday, April 15 by SRN News

By Gregor Stuart Hunter SINGAPORE, April 16 (Reuters) - Stocks pushed higher in early Asia trading on Thursday as optimism grew about a deal to end the Iran war with the U.S. ratcheting up pressure on Tehran, while traders prepared for a raft of economic... Read More.

Japan, US agree to intensify communication on exchange rates

Wednesday, April 15 by SRN News

By Leika Kihara WASHINGTON, April 15 (Reuters) - Japan and the U.S. agreed to intensify communication on exchange rates, Japanese Finance Minister Satsuki Katayama said after her meeting with U.S. Treasury Secretary Scott Bessent on Wednesday. Katayama, who is visiting Washington for the International Monetary Fund... Read More.

Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

Wednesday, April 15 by SRN News

April 15 (Reuters) - Senior U.S. defense officials have held talks about producing weapons and other military supplies with top executives of companies including General Motors and Ford Motor, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions. The preliminary... Read More.

Ford’s advanced EV-and-tech chief to leave the company

Wednesday, April 15 by SRN News

By Nora Eckert April 15 (Reuters) - Doug Field, a Tesla and Apple veteran who has led Ford Motor's electric-vehicle and technology efforts for nearly five years, is leaving the automaker. Ford said Wednesday that Field, who most recently was the chief EV, digital, and... Read More.

HVAC firm Madison Air raises $2.2 billion in US IPO

Wednesday, April 15 by SRN News

By Pragyan Kalita April 15 (Reuters) - Indoor air systems provider Madison Air Solutions said on Wednesday it had raised $2.23 billion in the biggest U.S. initial public offering so far this year. The Chicago, Illinois-based heating, ventilation and air conditioning (HVAC) firm sold 82.7... Read More.

Norway’s sovereign wealth fund has no plans to reduce US assets, finance minister tells FT

Wednesday, April 15 by SRN News

April 15 (Reuters) - Norway's $2.1 trillion sovereign wealth fund, the world's largest, does not intend to shed U.S. assets despite concerns over the Middle East war and mounting U.S. debt, Finance Minister Jens Stoltenberg told the Financial Times on Wednesday. "There have been... Read More.

Foreigners boost US Treasury holdings to record highs in February

Wednesday, April 15 by SRN News

By Gertrude Chavez-Dreyfuss NEW YORK, April 15 (Reuters) - Foreign holdings of Treasuries climbed to a record high in February, data showed on Wednesday, rising for a second month in a sign of strong appetite for U.S. debt even as markets reassess the outlook for... Read More.

White House has no opinion on potential United Airlines deal for American Airlines

Wednesday, April 15 by SRN News

WASHINGTON, April 15 (Reuters) - The Trump administration does not have an opinion on reports that United Airlines was considering merging with rival American Airlines, White House press secretary Karoline Leavitt told reporters on Wednesday. "I know it's an idea that has been proposed by... Read More.

New York City apartment building workers authorize a possible strike as contract talks stall

Wednesday, April 15 by SRN News

NEW YORK (AP) - Thousands of New York City apartment building doorpersons, superintendents and other workers voted to authorize a potential strike Wednesday after contract negotiations snagged over issues including health care and pensions. A strike would be the first in 35 years and... Read More.

Current Weather

Oil prices fall as hopes for US-Iran deal outweigh supply disruption concerns

Asia markets advance on peace deal hopes, corporate earnings

Japan, US agree to intensify communication on exchange rates

Pentagon approaches automakers, manufacturers to boost weapons production, WSJ reports

Ford’s advanced EV-and-tech chief to leave the company

HVAC firm Madison Air raises $2.2 billion in US IPO

Norway’s sovereign wealth fund has no plans to reduce US assets, finance minister tells FT

Foreigners boost US Treasury holdings to record highs in February

White House has no opinion on potential United Airlines deal for American Airlines

New York City apartment building workers authorize a possible strike as contract talks stall

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