Business – Page 84 – Freedom 96.9

Oil prices stay above $108 and Asian shares decline, tracking Wall Street losses

Friday, September 11 by SRN News

HONG KONG (AP) - Asian shares declined Friday tracking Wall Street losses, while oil prices gained with Brent crude trading above $108 a barrel in its highest since May. U.S. futures edged higher. Japan's Nikkei 225 dropped 2.8% to 63,442.30. Shares of multinational investment holding firm... Read More.

BRICS leaders gather in New Delhi as wars and rivalries strain the expanded bloc

Friday, September 11 by SRN News

NEW DELHI (AP) - Leaders of the BRICS nations will meet in New Delhi this weekend as wars in Ukraine and the Middle East and U.S.-China tensions test the group's ability to act together. Host India will seek to balance its ties with China and... Read More.

Japan to maintain close communication with US on currency markets, Katayama says

Thursday, September 10 by SRN News

TOKYO, Sept 11 (Reuters) - Japanese Finance Minister Satsuki Katayama said on Friday that the government will continue to closely communicate with the United States to ensure orderly foreign exchange markets. "Our policy stance has not changed at all since Japan and the United States... Read More.

BOJ set to lift rates next week but offer few clues on terminal, sources say

Thursday, September 10 by SRN News

By Leika Kihara and Takahiko Wada TOKYO, Sept 11 (Reuters) - The Bank of Japan is set to raise interest rates next week, most likely by 25 basis points, and may signal faster future tightening if price pressures heighten risks of an inflation overshoot, said... Read More.

Altman tells staff OpenAI is open to slowing AI development, Bloomberg News reports

Thursday, September 10 by SRN News

Sept 10 (Reuters) - OpenAI Chief Executive Sam Altman told employees at a company meeting this week that the firm was open to slowing development of its AI systems, Bloomberg News reported on Thursday, citing sources, amid growing concern about the safety of advanced... Read More.

The Media Line: Oil Above $100 Puts US Politics and Saudi Security Under Pressure

Thursday, September 10 by SRN News

Oil Above $100 Puts US Politics and Saudi Security Under Pressure Higher fuel costs threaten the US economy ahead of the midterms as Houthi attacks expose Saudi energy infrastructure and export routes By Giorgia Valente/The Media Line Oil prices climbed back... Read More.

Oil prices set to end week over $100 for first time in nearly 4 months

Thursday, September 10 by SRN News

SINGAPORE, Sept 11 (Reuters) - Oil prices rose on Friday and both major benchmarks are on track to end the week at over $100 a barrel for the first time since mid-May, as increasing attacks along key shipping routes in the Middle East fuel... Read More.

Dollar holds gains, yen slips as Mideast energy shock deepens

Thursday, September 10 by SRN News

By Gregor Stuart Hunter SINGAPORE, Sep 11 (Reuters) - The dollar held near its highest levels of the past week and the yen slipped for a second day at the start of Asian trading on Friday as renewed fears of energy supply disruptions in the... Read More.

Whitmer rethinks Line 5 tunnel permits, ramps up shutdown pleas after court ruling

Thursday, September 10 by SRN News

State environmental regulators are reviewing permits they recently granted for the Line 5 tunnel project, in light of a recent Michigan Supreme Court decision that raised the bar for environmental reviews. Gov. Gretchen Whitmer and Phil Roos, director of the Michigan Department of Environment, Great... Read More.

Stellantis CEO highlights diverging US and global strategies

Thursday, September 10 by SRN News

By Nora Eckert DETROIT, Sept 10 (Reuters) - Stellantis CEO Antonio Filosa said at an analyst conference on Thursday that there is a clear split in the global automotive market today: the U.S., and everywhere else. The chief of the automaker, which produces Jeep and Ram... Read More.

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