Business

Wall Street hit by UK mortgage lender collapse, raising fears of more credit ‘cockroaches’

Friday, February 27 by SRN News

By Lawrence White, Sam Tobin, Anirban Sen and Saeed Azhar LONDON, Feb 27 (Reuters) - Wall Street lenders on Friday were rocked by the implosion of little-known UK mortgage provider Market Financial Solutions Ltd, fuelling concerns about wider losses among banks and reviving warnings of... Read More.

Ecuador’s president slams Colombia as a trade war between the neighbors escalates

Friday, February 27 by SRN News

QUITO, Ecuador (AP) - Ecuador's President Daniel Noboa called neighboring Colombia his country's worst trade partner Friday as he defended raising tariffs on Colombian imports by 50% in an escalating trade war between the South American countries. Noboa's comments to a radio station follow a... Read More.

Exclusive-QIA, Visa and ADIA set to anchor SoftBank’s PayPay IPO, sources say

Friday, February 27 by SRN News

By Echo Wang Feb 27 (Reuters) - A group of global investors including Qatar Holdings, an investment arm of Qatar Investment Authority, Visa and Abu Dhabi Investment Authority, is preparing to invest more than $200 million as cornerstone investors in the U.S. initial public offering... Read More.

Goldman bucks private credit redemption trend as AI disruption fears mount

Friday, February 27 by SRN News

By Manya Saini Feb 27 (Reuters) - Goldman Sachs' asset management arm has assured investors that the redemption rate at GS Credit remains well below that of its peers, setting it apart from turbulence in private credit sparked by concerns that AI could disrupt software... Read More.

JPMorgan, Barclays, Fifth Third sued by investors for missing ‘giant red flags’ at Tricolor

Friday, February 27 by SRN News

By Jonathan Stempel NEW YORK, Feb 27 (Reuters) - JPMorgan Chase, Barclays and Fifth Third have been sued by investors who suffered losses on securities issued by now-bankrupt subprime auto lender Tricolor, and accused the banks of missing "giant red flags" when fraudulently marketing the... Read More.

Tequila giant Becle sees weaker 2026 on US restructuring, drying demand

Friday, February 27 by SRN News

By Sarah Morland MEXICO CITY, Feb 27 (Reuters) - Mexican distiller Becle, the world's largest tequila maker, warned of a difficult 2026 as it restructures its distribution network in the United States amid shrinking demand for hard liquor and a turbulent trade environment. Becle, which sells... Read More.

Toymaker Hasbro joins wave of companies suing U.S. government over IEEPA tariff payments

Friday, February 27 by SRN News

By Arriana McLymore NEW YORK, NY, Feb 27 - Toymaker Hasbro on Friday joined hundreds of companies suing for refunds of tariffs paid under President Donald Trump's emergency trade measures, which were deemed illegal by the U.S. Supreme Court last week, according to court documents.... Read More.

The end of Hollywood or a brighter future? What a Paramount-owned Warner Bros. means for the movies

Friday, February 27 by SRN News

Two of Hollywood's oldest studios may be consolidating into one. In a shocking twist after a monthslong bidding war, Paramount has emerged as the apparent victor in the fight to acquire Warner Bros. Netflix, who backed away from the deal Thursday, had hoped to win... Read More.

Biden flies commercial from Reagan National Airport and winds up stuck in delays like everyone else

Friday, February 27 by SRN News

WASHINGTON (AP) - A crowd gathered at a commuter gate at Reagan National Airport on Friday as fog-laden Washington skies caused an hourlong ground stop that backed up passengers hoping to head out from American Airlines' Terminal D. But soon the already densely packed area... Read More.

Civil Rights agency rules against transgender Army worker who asked to use women’s bathroom

Friday, February 27 by SRN News

NEW YORK (AP) - A U.S. civil rights agency has determined that the federal government can bar transgender employees from using bathrooms aligned with their gender identity, dismissing an appeal from a transgender woman who worked for the U.S. Army. The Equal Employment Opportunity Commission... Read More.

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Wall Street hit by UK mortgage lender collapse, raising fears of more credit ‘cockroaches’

Ecuador’s president slams Colombia as a trade war between the neighbors escalates

Exclusive-QIA, Visa and ADIA set to anchor SoftBank’s PayPay IPO, sources say

Goldman bucks private credit redemption trend as AI disruption fears mount

JPMorgan, Barclays, Fifth Third sued by investors for missing ‘giant red flags’ at Tricolor

Tequila giant Becle sees weaker 2026 on US restructuring, drying demand

Toymaker Hasbro joins wave of companies suing U.S. government over IEEPA tariff payments

The end of Hollywood or a brighter future? What a Paramount-owned Warner Bros. means for the movies

Biden flies commercial from Reagan National Airport and winds up stuck in delays like everyone else

Civil Rights agency rules against transgender Army worker who asked to use women’s bathroom

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