Business

Volkswagen’s first-quarter deliveries drop 4% on weak China, US

Monday, April 13 by SRN News

By Rachel More BERLIN, April 13 (Reuters) - Volkswagen reported a 4% fall in global deliveries in the first three months of 2026, as weak demand in China and the U.S. weighed on the German automaker. The group is battling to stem losses in key overseas... Read More.

Audi Q1 deliveries fall 6.1% on weak demand in China and North America

Monday, April 13 by SRN News

April 13 (Reuters) - Volkswagen's premium brand Audi on Monday said its first-quarter deliveries fell 6.1%, weighed down by weaker demand in China and North America. The carmaker delivered 360,106 vehicles in the first three months of 2026. Deliveries in China, Audi's largest market, dropped 12%... Read More.

Hedge funds rush into bullish stocks bets ahead of weekend US-Iran talks, Goldman note says

Monday, April 13 by SRN News

By Nell Mackenzie LONDON, April 13 (Reuters) - Hedge funds last week piled into bets that stocks would rise, on expectations of a ceasefire in Iran, said two Goldman Sachs client notes on Saturday and seen by Reuters on Monday. Their bets were wagered just before... Read More.

Wall Street futures drop after US-Iran peace talks fail

Monday, April 13 by SRN News

April 13 (Reuters) - Wall Street futures slipped on Monday, starting the week on a subdued note, after talks between the U.S. and Iran over the weekend failed to deliver a deal nL6N40V09S to end the war. The declines indicate that any relief from the... Read More.

Morgan Stanley maintains oil price forecasts and predicts slow recovery in supply

Monday, April 13 by SRN News

April 13 (Reuters) - Morgan Stanley left its Brent crude oil price forecasts unchanged on Monday, at $110 a barrel for the second quarter of 2026 and $100 a barrel in the third quarter, falling to $80 a barrel in 2027. The bank said it... Read More.

Sánchez returns to China as Spain seeks deeper ties amid Iran war tensions

Monday, April 13 by SRN News

MADRID (AP) - Spanish Prime Minister Pedro Sánchez is in China again this week, his fourth trip in as many years to the world's number two economy as Spain seeks to strengthen its political and commercial ties with Beijing. His visit comes at a complex... Read More.

Trump family deal spree could open door for future presidents to profit from office

Monday, April 13 by SRN News

NEW YORK (AP) - For decades, presidents avoided even the appearance of profiting from their office. Harry Truman refused to lend his name to any business, even in retirement. Richard Nixon so feared a brother might profit off their ties, he had his phone tapped.... Read More.

Morning Bid: Blockade takes its toll

Monday, April 13 by SRN News

By Mike Dolan April 13 - What matters in U.S. and global markets today By Mike Dolan https://www.reuters.com/authors/mike-dolan/, Editor-at-Large, Finance and Markets Oil prices zoomed back above https://www.reuters.com/business/energy/oil-bounces-back-above-100-after-us-iran-talks-end-stalemate-2026-04-12/ $100 a barrel and global stocks were shaky https://www.reuters.com/world/china/global-markets-wrapup-1-2026-04-12/ on Monday as U.S. President Donald Trump sought to... Read More.

Baker Hughes sells Waygate unit to Hexagon for about $1.45 billion

Monday, April 13 by SRN News

April 13 (Reuters) - Oilfield services provider Baker Hughes sold its Waygate Technologies unit to Swedish industrial technology group Hexagon for about $1.45 billion in cash, the two companies said on Monday. The deal comes as Baker Hughes attempts to reshape itself to adapt... Read More.

Chinese AI startup StepFun to unwind offshore structure to pave way for IPO, sources say

Monday, April 13 by SRN News

HONG KONG, April 13 (Reuters) - Chinese AI agent StepFun is unwinding its offshore incorporation structure to pave the way for a planned Hong Kong initial public offering, three sources said, as Beijing tightens scrutiny of a system widely used for overseas fundraising. China's... Read More.

Current Weather

Volkswagen’s first-quarter deliveries drop 4% on weak China, US

Audi Q1 deliveries fall 6.1% on weak demand in China and North America

Hedge funds rush into bullish stocks bets ahead of weekend US-Iran talks, Goldman note says

Wall Street futures drop after US-Iran peace talks fail

Morgan Stanley maintains oil price forecasts and predicts slow recovery in supply

Sánchez returns to China as Spain seeks deeper ties amid Iran war tensions

Trump family deal spree could open door for future presidents to profit from office

Morning Bid: Blockade takes its toll

Baker Hughes sells Waygate unit to Hexagon for about $1.45 billion

Chinese AI startup StepFun to unwind offshore structure to pave way for IPO, sources say

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