Business

China urges US to drop new tariffs, willing to have new round of trade talks

Tuesday, February 24 by SRN News

BEIJING, Feb 24 (Reuters) - China has urged the United States to abandon its "unilateral tariffs", indicating also that it is willing to hold another round of trade talks with the world's largest economy, the country's commerce ministry said in a statement on Tuesday. China... Read More.

Hong Kong protests after Panama takes control of 2 key ports on the Panama Canal

Tuesday, February 24 by SRN News

BANGKOK (AP) - Hong Kong is protesting Panama's seizure of two ports on a canal vital for global trade that were operated by a Hong Kong-based company for decades, the city's government said Tuesday. Hong Kong's Commerce and Economic Development Bureau said in a statement... Read More.

Exclusive-Kuwait’s KPC draws BlackRock, Brookfield, EIG to possible $7 billion pipeline deal, sources say

Tuesday, February 24 by SRN News

By Hadeel Al Sayegh Feb 24 (Reuters) - National oil company Kuwait Petroleum Corporation (KPC) has held early stage talks with a large group of potential investors over a $7 billion stake sale in its crude oil pipelines, three sources familiar with the matter said,... Read More.

New US tariffs come in at lower 10% rate

Tuesday, February 24 by SRN News

Feb 24 (Reuters) - The United States imposed an additional tariff from Tuesday of 10% on all goods not covered by exemptions, a notice issued by U.S. Customs and Border Protection said, the rate initially announced by President Donald Trump on Friday rather than... Read More.

Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war

Tuesday, February 24 by SRN News

By Jonathan Saul and Florence Tan LONDON/SINGAPORE, Feb 24 (Reuters) - The cost of shipping oil has surged to the highest in six years, fuelled by a wave of crude exports from the Middle East as traders accelerate charters ahead of possible military conflict between... Read More.

Hedge funds creep back into tech stocks after weeks of selling

Tuesday, February 24 by SRN News

By Nell Mackenzie LONDON, Feb 24 (Reuters) - Hedge funds last week bought the biggest tech stocks as well as those considered vulnerable to advances in artificial intelligence, said a note to clients from JPMorgan seen by Reuters on Tuesday. The world's most valuable technology... Read More.

Exclusive-Glencore to buy almost $115 million of cobalt from industry veteran Weisfisch, sources say

Tuesday, February 24 by SRN News

By Pratima Desai LONDON, Feb 24 (Reuters) - Glencore has agreed to buy nearly 2,000 metric tons of cobalt worth almost $115 million at current prices from industry veteran Rami Weisfisch in a landmark deal, two sources with knowledge of the matter said. The material, which... Read More.

Trump tariff pivot could benefit Brazil’s Embraer, US airlines and aerospace industry

Tuesday, February 24 by SRN News

By Allison Lampert, David Shepardson and Gabriel Araujo Feb 24 (Reuters) - Brazilian planemaker Embraer, U.S. airlines and the broader commercial aerospace sector are poised to benefit from the Trump administration imposing a revised tariff regime on Tuesday. But aviation attorneys and industry executives urged... Read More.

Nvidia results are AI market’s biggest test amid competitive worries

Tuesday, February 24 by SRN News

By Arsheeya Bajwa and Aditya Soni Feb 24 (Reuters) - As Nvidia heads into quarterly earnings on Wednesday, AI investors are seeking evidence that the chipmaker's profits are growing apace on the back of a $630 billion capital spending budget from Big Tech. But signs... Read More.

Japan hopes to stick to existing US deal in face of Trump’s new tariffs

Tuesday, February 24 by SRN News

By Tamiyuki Kihara and Kantaro Komiya TOKYO, Feb 24 (Reuters) - Japan said on Tuesday it had asked the United States to ensure its treatment under a new tariff regime would be as favourable as in an existing agreement, treading carefully to avoid... Read More.

Current Weather

China urges US to drop new tariffs, willing to have new round of trade talks

Hong Kong protests after Panama takes control of 2 key ports on the Panama Canal

Exclusive-Kuwait’s KPC draws BlackRock, Brookfield, EIG to possible $7 billion pipeline deal, sources say

New US tariffs come in at lower 10% rate

Middle East oil exports push tanker costs to 6-year-high amid threat of US-Iran war

Hedge funds creep back into tech stocks after weeks of selling

Exclusive-Glencore to buy almost $115 million of cobalt from industry veteran Weisfisch, sources say

Trump tariff pivot could benefit Brazil’s Embraer, US airlines and aerospace industry

Nvidia results are AI market’s biggest test amid competitive worries

Japan hopes to stick to existing US deal in face of Trump’s new tariffs

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