Business

Asian shares are mixed, US futures edge higher as AI fears drag Wall Street lower

Friday, February 20 by SRN News

BANGKOK (AP) - Shares were mixed Friday in Asia as worries over risks linked to massive investments in artificial intelligence and a potential U.S.-Iran conflict weighed on major benchmarks. U.S. futures edged higher, while oil prices resumed their ascent. Crude prices have been climbing... Read More.

Exclusive-Ukraine’s 2026 defence exports could hit ‘several billion dollars’, official says

Friday, February 20 by SRN News

KYIV, Feb 20 (Reuters) - Ukraine could export several billion dollars of military goods and services this year after authorising its first wartime foreign sales and is considering introducing a tax on those exports, a senior Ukrainian defence official said. Earlier this month, the... Read More.

Food group Danone confident about 2026 after China drives 2025 sales beat

Friday, February 20 by SRN News

By Dominique Vidalon PARIS, Feb 20 (Reuters) - French food group Danone said it was starting 2026 with confidence after it delivered 2025 sales and cash above analysts' expectations, helped by baby food demand in China, and improved its profit margin thanks to cost cuts. While... Read More.

Amazon’s cloud unit hit by at least two outages involving AI tools, FT says

Friday, February 20 by SRN News

Feb 20 (Reuters) - Amazon's cloud unit has suffered at least two outages stemming from errors involving its own AI tools, the Financial Times reported on Friday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Ananya Palyekar in... Read More.

Australian pension fund UniSuper says local currency undervalued, increases hedging

Friday, February 20 by SRN News

By Scott Murdoch SYDNEY, Feb 20 (Reuters) - One of Australia's largest pension funds, UniSuper, has increased hedging of its overseas investments as it says the local currency is undervalued and will rise as the interest rate differential between Australia and the U.S. widens. The Aussie... Read More.

A traditional sausage in the shape of a horseshoe is ‘ironed’ for dryness in southeastern Serbia

Friday, February 20 by SRN News

PIROT, Serbia (AP) - During long winter months, a traditionally crafted spicy sausage in the town of Pirot in southeastern Serbia is said to lift both a person's energy and spirits. The "ironed sausage" - or "peglana kobasica" in Serbian - is a rich... Read More.

Japan’s traditional kimonos are being repurposed in creative and sustainable ways

Friday, February 20 by SRN News

TOKYO (AP) - The kimono, that elaborate, delicate wrap-around garment worn by geisha and samurai from centuries back, is getting a vibrant remake, appreciated these days for a virtue that's more relevant than ever: sustainability. A genuine silk kimono, which literally means "worn thing," lasts... Read More.

Trump threatens Iran with force

Friday, February 20 by SRN News

A look at the day ahead in European and global markets from Tom Westbrook Traders were hunkering down into the weekend, with threats flying between the U.S. and Iran, and nerves rippling through markets from listed private equity funds. PMI surveys, U.S. PCE and GDP data... Read More.

Analysis-Toyota’s Sato was the man for the moment – then the moment changed

Friday, February 20 by SRN News

By Maki Shiraki and Norihiko Shirouzu TOKYO, Feb 20 (Reuters) - When Koji Sato was named Toyota CEO in 2023, he appeared to be the man for the moment: a veteran engineer who could give the world's best-selling automaker a badly needed boost in electric... Read More.

US economic growth likely slowed to a still-brisk pace in fourth quarter

Friday, February 20 by SRN News

WASHINGTON, Feb 20 (Reuters) - U.S. economic growth likely slowed to a still-solid pace in the fourth quarter because of disruptions from last year's government shutdown and a moderation in consumer spending, though tax cuts and investment in artificial intelligence were expected to drive... Read More.

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Current Weather

Asian shares are mixed, US futures edge higher as AI fears drag Wall Street lower

Exclusive-Ukraine’s 2026 defence exports could hit ‘several billion dollars’, official says

Australian pension fund UniSuper says local currency undervalued, increases hedging

A traditional sausage in the shape of a horseshoe is ‘ironed’ for dryness in southeastern Serbia

Japan’s traditional kimonos are being repurposed in creative and sustainable ways

Trump threatens Iran with force

Analysis-Toyota’s Sato was the man for the moment – then the moment changed

US economic growth likely slowed to a still-brisk pace in fourth quarter

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