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PHOTO ESSAY: Tibetans depart Nepal, a former safe haven transformed under Chinese pressure
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Thursday, October 16
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SRN News
Bank of Japan chief signals need for more data in deciding October move
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise various data, including information he collects during his stay in Washington, in deciding whether to raise interest rates in October. He repeated his view that the central ...
Thursday, October 16
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SRN News
JPMorgan Chase CEO says company is looking at banks in Europe, Latin America
NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Thursday the largest U.S. lender was looking at banks in Europe and Latin America. He made the comments in response to economic commentary from Banco Santander Executive Chair Ana Botín as she laid out growth ...
Thursday, October 16
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SRN News
United Airlines sees US shutdown as risk to travel confidence
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Scott Kirby warned on Thursday that an extended government shutdown risks taking a toll on airline bookings as well as flight operations. The shutdown has entered its third week due to a political stalemate over government funding, amplifying ...
Thursday, October 16
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SRN News
Spirit Airlines to furlough another 365 pilots amid restructuring
NEW YORK (Reuters) -Spirit Airlines on Thursday said it will furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026 as it takes additional steps to rightsize its workforce as part of its ongoing restructuring efforts ...
Thursday, October 16
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SRN News
India already cutting Russian oil imports by 50% after US talks, White House official says
(Reuters) -The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday.(Reporting By Jarrett Renshaw; Editing by Chris Reese) Brought to you by www.srnnews.com
Thursday, October 16
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SRN News
Canadians set aside contempt for tariffs and Trump rhetoric for the love of the Toronto Blue Jays
SEATTLE (AP) — On this perfectly crisp and sunny October day, Canadian Grant Murray was eager to drive down to Seattle for a once-in-a-lifetime Major League Baseball playoff game featuring his beloved Toronto Blue Jays. But he really didn’t want to be here in ...
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Thursday, October 16
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SRN News
EssilorLuxottica sales boosted by Meta AI glasses
By Gianluca Lo Nostro (Reuters) -Ray-Ban maker EssilorLuxottica posted record third-quarter sales on Thursday and said it would accelerate production capacity for its booming smart glasses business. The eyewear giant, which is riding a wave of consumer appetite for AI-powered wearables, said revenue in the quarter ...
Thursday, October 16
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SRN News
Insurance tech firm Exzeo eyes $2 billion valuation in US IPO
By Arasu Kannagi Basil (Reuters) -Insurance technology firm Exzeo Group said on Thursday it was targeting a valuation of up to $2 billion in its U.S. initial public offering, becoming the latest company to proceed with its listing plans despite the ongoing government shutdown. The Tampa, ...
Thursday, October 16
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SEC says “unclear” if proposed 3x and 5x leveraged ETFs would be approved
By Suzanne McGee and Ateev Bhandari (Reuters) -The U.S. Securities & Exchange Commission told Reuters that it was “unclear” whether the dozens of recent filings by asset managers to issue highly leveraged ETFs would be approved by the agency. Since the U.S. government shutdown began, “the ...
Thursday, October 16
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IMF upgrades Asia’s growth forecast, warns of risks from US-China tension
By Leika Kihara WASHINGTON (Reuters) -The International Monetary Fund revised up Asia’s economic growth forecast on Thursday, but warned that renewed escalation in U.S.-China tensions could deal a heavy blow to a region heavily integrated in global supply chains. Economic activity in the Asia-Pacific was holding ...
Thursday, October 16
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SRN News
US regional bank stocks hit by Zions charge-off, fraud allegations
By Manya Saini, Arasu Kannagi Basil and Ateev Bhandari (Reuters) -U.S. regional bank stocks fell on Thursday after Zions Bancorporation disclosed it would take a $50 million loss in the third quarter on two commercial and industrial (C&I) loans from its California division. The disclosure added ...
Thursday, October 16
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SRN News
Explainer-What’s in Nestle’s sprawling food empire as new CEO wields axe?
By Alexander Marrow AMSTERDAM (Reuters) -Nestle’s new CEO Philipp Navratil has started with a bang, announcing 16,000 job cuts and a portfolio review that could see brands sold or partnered off as the world’s largest packaged food company looks to focus on fast-growing areas. Nestle’s shares ...
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