Business

China widens BHP iron ore restrictions as talks drag, sources say

Thursday, March 5 by SRN News

BEIJING, March 5 (Reuters) - China's state-run iron ore buyer has widened restrictions on buying new seaborne iron ore cargoes from BHP as a months-long contract dispute drags on, people with knowledge of the matter told Reuters. China Mineral Resources Group (CMRG) told several... Read More.

Explainer-What’s in China’s new five-year plan for commodity markets

Thursday, March 5 by SRN News

BEIJING, March 5 (Reuters) - China unveiled its 15th five-year plan on Thursday at its annual parliamentary meeting, outlining Beijing's priorities for the economy and sectors slated for policy support and funding. Here's a summary of what matters for commodity markets: METALS AND CRITICAL MINERALS ... Read More.

Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027

Thursday, March 5 by SRN News

March 5 (Reuters) - Broadcom shares jumped about 7% before the bell on Thursday after the company said it expects artificial intelligence chip sales to top $100 billion in 2027, as it pushes into a market long ruled by Nvidia. Big Tech firms such as... Read More.

Key takeaways from China’s new 5-year economic blueprint and growth target

Thursday, March 5 by SRN News

BEIJING (AP) - China on Thursday set its lowest economic growth target since 1991 at the opening of its annual national congress, in what some economists interpreted as a reflection of pragmatism as a weak domestic economy bites. Beijing also released the full draft of... Read More.

Ford to recall nearly 605,000 vehicles in US over windshield wiper issue, NHTSA says

Thursday, March 5 by SRN News

March 5 (Reuters) - Ford is recalling 604,533 vehicles in the U.S. because the windshield wiper motor may fail, reducing visibility and increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Thursday. The recall includes certain 2020-2022 Explorer,... Read More.

US stock futures slip as investors weigh Middle East war fallout

Thursday, March 5 by SRN News

March 5 (Reuters) - U.S. stock index futures edged lower on Thursday as investors digested the widening fallout from an intensifying Middle East war, after markets staged a tentative bounce a day earlier. Iran launched a fresh wave of missiles toward Israel earlier in the... Read More.

Durex maker Reckitt beats Q4 sales expectations on emerging market strength

Thursday, March 5 by SRN News

LONDON, March 5 (Reuters) - Consumer goods company Reckitt beat fourth-quarter like-for-like net sales growth expectations, led by strong performance in emerging markets, and said on Thursday it expected its core businesses to grow at 4% to 5% in 2026. Along with consumer goods... Read More.

WH Smith first-half sales grow 5% on North America boost

Thursday, March 5 by SRN News

March 5 (Reuters) - Travel retailer WH Smith reported a 5% rise in first-half revenue on Thursday, helped by double-digit growth in North America, and said it was on track to meet its full-year targets. The company said it was mindful of the impact of... Read More.

At least 200 dead in a Congo coltan mine collapse, authorities say, as rebels dispute toll

Thursday, March 5 by SRN News

GOMA, Congo (AP) - A mine collapse on Tuesday at a major coltan mining site in eastern Congo left at least 200 dead, according to Congolese authorities, a number disputed by the rebel group that controls the mine. The collapse took place Tuesday at the... Read More.

Australian court finds two ex-Star executives in breach of duty, regulator says

Thursday, March 5 by SRN News

March 5 (Reuters) - Australia's corporate regulator said on Thursday it has found two former senior executives of Star Entertainment in breach of duties over the handling of risks associated with money laundering and criminal activity. The Australian Securities and Investment Commission (ASIC) said the... Read More.

Current Weather

China widens BHP iron ore restrictions as talks drag, sources say

Explainer-What’s in China’s new five-year plan for commodity markets

Broadcom rallies as it touts more than $100 billion in AI chip sales in 2027

Key takeaways from China’s new 5-year economic blueprint and growth target

Ford to recall nearly 605,000 vehicles in US over windshield wiper issue, NHTSA says

US stock futures slip as investors weigh Middle East war fallout

Durex maker Reckitt beats Q4 sales expectations on emerging market strength

WH Smith first-half sales grow 5% on North America boost

At least 200 dead in a Congo coltan mine collapse, authorities say, as rebels dispute toll

Australian court finds two ex-Star executives in breach of duty, regulator says

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