Business

Investors brace for possible rate hike at uncertain Fed meeting

Friday, September 11 by SRN News

By Lewis Krauskopf NEW YORK, Sept 11 (Reuters) - Investors head into next week's Federal Reserve unclear about the prospects that the central bank will hike interest rates, a move that could threaten a U.S. stock market rally already showing some vulnerability to rising bond... Read More.

Brazilian top court unseals probe into multibillion-dollar bank fraud

Friday, September 11 by SRN News

By Lisandra Paraguassu and Luciana Magalhaes BRASILIA/SAO PAULO, Sept 11 (Reuters) - Brazil's Chief Justice Edson Fachin ordered the unsealing on Thursday of thousands of pages from a probe into an alleged multibillion-dollar fraud centered on failed lender Banco Master that implicated central bank officials,... Read More.

CVC in final talks for EQT’s Ginko China business, sources say

Friday, September 11 by SRN News

By Kane Wu and Yantoultra Ngui HONG KONG, Sept 11 (Reuters) - CVC Capital Partners has entered final talks to buy the EQT-owned mainland China business of contact lens maker Ginko International, four people with knowledge of the matter said. • A deal could value the... Read More.

Wall St futures recover as oil slides ahead of inflation test

Friday, September 11 by SRN News

Sept 11 (Reuters) - U.S. stock index futures bounced back as oil prices cooled on Friday and investors pinned their hopes on the consumer inflation report to end a rough week on a positive note. Oracle jumped nearly 7% premarket after topping estimates for quarterly... Read More.

Oracle shares rise as AI cloud backlog beats estimates

Friday, September 11 by SRN News

Sept 11 (Reuters) - Oracle shares rose 5.5% premarket on Friday after the cloud computing and software company's stronger-than-expected quarterly results eased concerns around its massive debt-driven spending spree. The Austin, Texas-based firm booked more than $30 billion of additional AI cloud contracts in the... Read More.

Mexico, Washington sprint toward bilateral trade deal before US elections

Friday, September 11 by SRN News

By Emily Green, David Shepardson, Nora Eckert and Kalea Hall MEXICO CITY/WASHINGTON, Sept 11 (Reuters) - Mexico and the United States are racing to reach a bilateral trade deal before the U.S. midterm elections in less than eight weeks, according to six sources... Read More.

US listing could put Japan’s Kioxia in global AI spotlight, Voya’s Thomas says

Friday, September 11 by SRN News

By Rocky Swift and Miho Uranaka TOKYO, Sept 11 (Reuters) - A plan by Kioxia to list shares in the United States could put the Japanese chipmaker back into the global investment spotlight, said the lead manager of a $14 billion AI-focused fund. Kioxia, whose 456%... Read More.

Australian shares slump to two-month low as miners fall

Friday, September 11 by SRN News

By Keshav SinghChundawat Sept 11 (Reuters) - Australian stocks ended Friday at a more than two-month low, as miners led by BHP lost on weaker commodity prices, while a surge in oil prices over the week heightened inflation concerns and kept investors on edge. The benchmark... Read More.

US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

Friday, September 11 by SRN News

CHICAGO (AP) - Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington's war with Iran disrupts the world's flow of fuel. The national average of $6.05 is up from $5.85 last week and $3.70... Read More.

Iran seeks end to Saudi blockade of Yemen after Tehran-backed rebels take key port

Friday, September 11 by SRN News

CAIRO (AP) - Iran's government on Friday called for an end to Saudi Arabia's blockade of Yemen and the immediate resumption of talks, in its first public statement since Iran-backed Houthi rebels entered a key Yemeni port and intensified their threat to a key... Read More.

Current Weather

Investors brace for possible rate hike at uncertain Fed meeting

Brazilian top court unseals probe into multibillion-dollar bank fraud

CVC in final talks for EQT’s Ginko China business, sources say

Wall St futures recover as oil slides ahead of inflation test

Mexico, Washington sprint toward bilateral trade deal before US elections

US listing could put Japan’s Kioxia in global AI spotlight, Voya’s Thomas says

Australian shares slump to two-month low as miners fall

US diesel prices soar past $6 a gallon, deepening strain for hauling everyday goods

Iran seeks end to Saudi blockade of Yemen after Tehran-backed rebels take key port

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