Business

VW receives preliminary bids for diesel engine unit Everllence at around $9.4 billion, sources say

Friday, February 27 by SRN News

By Andres Gonzalez, Alexander Hübner and Christina Amann LONDON/MUNICH/BERLIN Feb 27 (Reuters) - Volkswagen has received bids valuing its diesel engine division Everllence at around 8 billion euros ($9.44 billion) including debt, according to three people familiar with the discussions, above what some analysts... Read More.

US stock futures fall on AI concerns, Nasdaq set for steep monthly loss

Friday, February 27 by SRN News

By Shashwat Chauhan and Ragini Mathur Feb 27 (Reuters) - U.S. stock index futures slid on Friday as growing AI unease dragged on tech stocks, with the Nasdaq on track for its steepest monthly drop since March 2025, and investors awaited key inflation data later... Read More.

Target to remove synthetic color from cereals by May end

Friday, February 27 by SRN News

Feb 27 (Reuters) - Target said on Friday it would sell only cereals made without certified synthetic colors by the end of May, becoming the latest retailer to tighten standards amid a crackdown on artificial dyes. The big-box retailer said it has worked closely with... Read More.

Kia America to recall about 85,000 US vehicles over seat back frame issue

Friday, February 27 by SRN News

Feb 27 (Reuters) - Kia America is recalling 85,448 vehicles in the U.S. over failure of a seat back frame failing to properly restrain an occupant during a crash, the U.S. National Highway Traffic Safety Administration said on Friday. (Reporting by Preetika Parashuraman in... Read More.

India focused on getting best trade deal with US, Indian trade minister says

Friday, February 27 by SRN News

NEW DELHI, Feb 27 (Reuters) - India wants to secure the best trade deal with the U.S. to ensure it has an edge over competitors, India's trade minister said on Friday, as the fate of deals finalised by Washington remain uncertain after President Donald... Read More.

European shares set for eighth straight month of gains, buoyed by earnings

Friday, February 27 by SRN News

Feb 27 (Reuters) - European shares were steady on Friday and were set to log an eighth straight month of gains as better-than-expected corporate updates supported risk appetite despite lingering tariff and AI-disruption concerns. The pan-European STOXX 600 was up 0.1% at 634.16 points by... Read More.

CPP, Equinix to buy Nordic data center operator atNorth in $4 billion deal

Friday, February 27 by SRN News

Feb 27 (Reuters) - Canada Pension Plan Investment Board and Equinix have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal valued at about $4 billion, the companies said in a joint statement on Friday. CPP will... Read More.

Morning Bid: AI woes and ‘open war’

Friday, February 27 by SRN News

A look at the day ahead in European and global markets from Rocky Swift Concerns about technology company valuations established a risk-off tone that has only gotten worse as it is compounded by geopolitical woes. Artificial intelligence darling Nvidia delivered what looked to be stellar results,... Read More.

Hyatt targets five-fold India expansion in five years, CEO says

Friday, February 27 by SRN News

By Praveen Paramasivam and Nathan Gomes PANAJI, Goa, Feb 27 (Reuters) - Hyatt Hotels expects to quintuple its India footprint over the next five years, its chief executive said on Friday, as the U.S. hotel operator bets on a surge in domestic travel and rising... Read More.

Panama officials search CK Hutchison’s subsidiary office, source says

Friday, February 27 by SRN News

By Emily Green PANAMA CITY, Feb 26 (Reuters) - Panamanian authorities searched a ports unit of Hong Kong conglomerate CK Hutchison in Panama on Thursday, according to a source familiar with the operation, escalating a rift over control of two key ports in the strategic... Read More.

Current Weather

VW receives preliminary bids for diesel engine unit Everllence at around $9.4 billion, sources say

US stock futures fall on AI concerns, Nasdaq set for steep monthly loss

Target to remove synthetic color from cereals by May end

Kia America to recall about 85,000 US vehicles over seat back frame issue

India focused on getting best trade deal with US, Indian trade minister says

European shares set for eighth straight month of gains, buoyed by earnings

CPP, Equinix to buy Nordic data center operator atNorth in $4 billion deal

Morning Bid: AI woes and ‘open war’

Hyatt targets five-fold India expansion in five years, CEO says

Panama officials search CK Hutchison’s subsidiary office, source says

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