Business

Oil hovers near seven-month highs ahead of US-Iran talks

Wednesday, February 25 by SRN News

By Katya Golubkova and Jeslyn Lerh SINGAPORE, Feb 25 (Reuters) - Oil prices were hovering near seven-month highs on Wednesday as the threat of military conflict between the U.S. and Iran that could disrupt supply continued to worry investors as talks between the parties are... Read More.

Australia’s Fortescue logs profit jump, dividend tops forecasts

Wednesday, February 25 by SRN News

By Sneha Kumar and Melanie Burton MELBOURNE, Feb 25 (Reuters) - Fortescue reported a 23% jump in first-half profit on Wednesday, helped by record iron ore shipments and higher prices for the commodity, allowing the Australian miner to pay a dividend that topped expectations. Its... Read More.

Asia markets rise on better AI sentiment, Trump speech awaited

Wednesday, February 25 by SRN News

By Scott Murdoch SYDNEY, Feb 25 (Reuters) - Asia's financial markets were higher on Wednesday with Korean chipmakers leading gains, as investors double down on what they see as the safest bet on artificial intelligence (AI), while the yen remained in focus. Investors rocked by volatility... Read More.

Australia’s Domino’s Pizza Enterprises posts bleak start to second half; shares plunge

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Australia's Domino's Pizza Enterprises reported a sharp drop in early second-half same-store-sales growth on Wednesday, due to severe weather conditions in Germany and Netherlands, triggering a 16% share slide. The company, which operates Domino's stores in 12 countries across Australia, New... Read More.

Hyundai Motor to unveil multi-billion-dollar investment in South Korea, source says

Wednesday, February 25 by SRN News

By Hyunjoo Jin SEOUL, Feb 25 (Reuters) - Hyundai Motor Group plans to unveil a multi-billion-dollar investment in South Korea's west coast, a source with direct knowledge of the matter said on Wednesday, as the auto group expands into artificial intelligence for autonomous driving and... Read More.

Asian stocks gain after optimism about AI sends Wall Street higher

Wednesday, February 25 by SRN News

TOKYO (AP) - Asian shares mostly rose in Wednesday morning trading, with Japan's benchmark hitting a record high, as investors were cheered by an overnight Wall Street rally that seemed to reflect optimism about the artificial-intelligence boom. Japan's benchmark surged 1.3% to 58,081.62. That... Read More.

Discord pushes back global age verification rollout amid criticism, promises transparency

Wednesday, February 25 by SRN News

Discord, the popular platform for gamers to communicate online, is postponing its controversial age verification policy after receiving swift backlash from users with concerns about their privacy. The global rollout of the system is now delayed to the second half of 2026, Discord's Chief... Read More.

Lucid sees slower 2026 production growth as fear of supply-chain snags linger

Wednesday, February 25 by SRN News

By Abhirup Roy and Jaspreet Singh Feb 24 (Reuters) - Lucid forecast a 2026 production rise that could top 50%, which would still be below last year's pace, and reported a larger-than-expected loss for the fourth quarter on Tuesday, as various supply-chain setbacks and tariffs... Read More.

Australia’s Woolworths posts interim profit beat on better budget-focused products

Wednesday, February 25 by SRN News

Feb 25 (Reuters) - Woolworths on Wednesday reported a rise in interim underlying profit and flagged signs of market share stabilization, as it ramped up efforts to attract value-conscious customers with lower-priced items. The use of targeted discounts to draw in shoppers helped the retailer... Read More.

Workday forecasts 2027 subscription revenue below estimates, shares fall

Wednesday, February 25 by SRN News

Feb 24 (Reuters) - Workday on Tuesday forecast fiscal 2027 subscription revenue below Wall Street estimates, signaling slower new client wins as corporations scrutinize large software purchases amid economic uncertainty. Shares of the enterprise software maker fell more than 8% in extended trading. Higher interest rates... Read More.

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Current Weather

Oil hovers near seven-month highs ahead of US-Iran talks

Australia’s Fortescue logs profit jump, dividend tops forecasts

Asia markets rise on better AI sentiment, Trump speech awaited

Australia’s Domino’s Pizza Enterprises posts bleak start to second half; shares plunge

Hyundai Motor to unveil multi-billion-dollar investment in South Korea, source says

Asian stocks gain after optimism about AI sends Wall Street higher

Discord pushes back global age verification rollout amid criticism, promises transparency

Lucid sees slower 2026 production growth as fear of supply-chain snags linger

Australia’s Woolworths posts interim profit beat on better budget-focused products

Workday forecasts 2027 subscription revenue below estimates, shares fall

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