Business

Nestle CEO says Middle East conflict driving inflation, higher supplier costs

Thursday, September 10 by SRN News

By Gabriel Araujo and Richa Naidu CACAPAVA, Brazil/LONDON, Sept 10 (Reuters) - Nestle is raising prices, reformulating products and cutting items consumers are unwilling to pay more for as it tackles the effects of higher energy, freight and raw material costs following the conflict in... Read More.

Trump wants to make this midterm year ‘special’ to avoid losing Republican control of Congress

Thursday, September 10 by SRN News

DALLAS (AP) - Republicans gathered in Dallas for their midterm convention with a clear message: the November elections will determine whether President Donald Trump can continue advancing his agenda during the final two years of his term. Although history often favors the party out of... Read More.

Travel scams are getting harder to spot. Here’s how to stay safe

Thursday, September 10 by SRN News

NEW YORK (AP) - Pickpockets were once the biggest worry for travelers heading to new destinations on vacation. But travel scams have become more sophisticated, and scammers using new artificial intelligence tools have become better at creating fake websites and using stolen data to... Read More.

Hong Kong court convicts Wall Street Journal publisher of deterring reporter from taking union role

Thursday, September 10 by SRN News

HONG KONG (AP) - A Hong Kong court on Thursday convicted the publisher of The Wall Street Journal of deterring its reporter from taking up a trade union role, in a case that raised concerns about media freedom in the city. The court acquitted... Read More.

Musk’s tunnel startup The Boring Company raises $3 billion at $23 billion valuation

Thursday, September 10 by SRN News

Sept 10 (Reuters) - The Boring Company, a tunnel construction startup founded by billionaire Elon Musk, has raised $3 billion in a new funding round that values it at $23 billion, according to a statement on Wednesday. Here are some details: • The funding round was... Read More.

Chinese electric bike imports surge as Africa’s EV investments diversify

Thursday, September 10 by SRN News

NAIROBI, Kenya (AP) - Africa's imports of electric motorcycles and three-wheelers from China rose sharply in the first half of 2026, an increase that highlights a divide in the continent's transition to electric vehicles. Two and three-wheelers account for a large share of vehicles on... Read More.

American Eagle shares slide as flat margin outlook, weak core brand weigh

Thursday, September 10 by SRN News

Sept 10 (Reuters) - American Eagle Outfitters' shares slumped over 11% in premarket trading on Thursday, following a flat quarterly gross-margin forecast as persistent softness at the company's core brands outweighed a second-quarter revenue beat. Demand across the apparel sector has been uneven as consumers... Read More.

China’s car exports in first 8 months surpass 2025 total, as EV sales soar

Thursday, September 10 by SRN News

HONG KONG (AP) - China's passenger car exports in the first eight months of this year already surpassed last year's total, an industry association said Thursday, though domestic sales continued to decline. Passenger car exports in August jumped 67.1% from the year before to around... Read More.

Aerospace dealmaking gathers pace as jet production ramps up

Thursday, September 10 by SRN News

By Dan Catchpole and Sabrina Valle SEATTLE, Sept 10 (Reuters) - Mergers and acquisitions are accelerating in the aerospace supply chain as clearer Boeing and Airbus production schedules give buyers more confidence in long-term demand, according to industry data and interviews with dealmakers and suppliers. Through... Read More.

Volkswagen earmarks €16 billion for job cuts, plant closures, source says

Thursday, September 10 by SRN News

BERLIN, Sept 10 (Reuters) - Volkswagen estimates the total cost of job cuts and potential plant closures, part of a landmark restructuring pact struck last week, at around €16 billion ($18.6 billion), a person familiar with the matter said on Thursday. The German carmaker, Europe's... Read More.

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Current Weather

Nestle CEO says Middle East conflict driving inflation, higher supplier costs

Trump wants to make this midterm year ‘special’ to avoid losing Republican control of Congress

Travel scams are getting harder to spot. Here’s how to stay safe

Hong Kong court convicts Wall Street Journal publisher of deterring reporter from taking union role

Musk’s tunnel startup The Boring Company raises $3 billion at $23 billion valuation

Chinese electric bike imports surge as Africa’s EV investments diversify

American Eagle shares slide as flat margin outlook, weak core brand weigh

China’s car exports in first 8 months surpass 2025 total, as EV sales soar

Aerospace dealmaking gathers pace as jet production ramps up

Volkswagen earmarks €16 billion for job cuts, plant closures, source says

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