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Asian shares advance, yen slips after AI stocks push higher on Wall Street
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Wednesday, October 8
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SRN News
Warner Music in talks with Netflix for films based on its artists, Bloomberg News reports
(Reuters) -Warner Music is nearing an agreement with Netflix to create a variety of movies and documentaries based on the label’s artists and songs, Bloomberg News reported on Wednesday, citing people familiar with the matter. Reuters could not immediately verify the report.(Reporting by Anusha ...
Wednesday, October 8
by
SRN News
Liontown Resources amends loan and supply deals with Ford Motor; shares advance
(Reuters) -Liontown Resources said on Thursday it amended its loan and spodumene supply agreements with Ford Motor, aiming to bolster near-term liquidity and gain more flexibility in marketing output as production ramps up at its Kathleen Valley lithium project in Western Australia. Under the revised ...
Wednesday, October 8
by
SRN News
Oil falls on Gaza plan, fading Middle East risk premium
(Reuters) -Oil prices fell in early trade on Thursday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza, weighing on oil’s war risk premium and pushing investors to sell. Brent crude futures were down 51 ...
Wednesday, October 8
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SRN News
Goldman Sachs’ Spain and Portugal co-head Alvaro del Castano to retire after 30 years
(Reuters) -Goldman Sachs Group said in an internal memo seen by Reuters that Alvaro del Castano, its co-head for Spain and Portugal and in charge of private wealth management in the region, will retire after more than three decades at the bank. He is leaving ...
Wednesday, October 8
by
SRN News
Ben & Jerry’s co-founder expects corporate conflict to continue under new ownership
By Jessica DiNapoli NEW YORK (Reuters) -Ice cream brand Ben & Jerry’s is set to switch corporate owners next month, but for Ben Cohen, the counterculture brand’s co-founder, it’s a case of meet the new boss, same as the old boss. As of November, Ben ...
Wednesday, October 8
by
SRN News
Disney raises admission prices for its theme parks during key holidays
(Reuters) -Disney said on Wednesday it will raise prices for certain tickets to its theme parks in the U.S. during key holidays such as the Thanksgiving week and New Year’s Eve. Prices for one-day tickets to Walt Disney World Resort in Orlando, Florida, will exceed ...
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Wednesday, October 8
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SRN News
Argentine Treasury burns through dollars to defend peso as US aid talks loom
By Walter Bianchi BUENOS AIRES (Reuters) -Argentina’s Treasury is rapidly depleting its dollar reserves to defend the peso, straining financial markets on Wednesday as funds from a special deal with agricultural exporters run low weeks before midterm elections. Traders estimate the Treasury, under the Economy ...
Wednesday, October 8
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SRN News
Trading Day: Euphoria rediscovered
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Well, that time out in the ‘everything rally’ didn’t last long. Wall Street and precious metals hit new highs on Wednesday as investors shrugged off any potential ...
Wednesday, October 8
by
SRN News
Alliance Laundry raises $826 million in US IPO
(Reuters) -Alliance Laundry priced its upsized New York initial public offering at the top end of its marketed range, raising $826.3 million, the commercial laundry equipment maker said on Wednesday, adding to continued IPO activity amid a U.S. government shutdown. The Ripon, Wisconsin-based company and ...
Wednesday, October 8
by
SRN News
US SEC probes MassMutual over accounting practices, WSJ reports
(Reuters) -U.S. regulators are investigating Massachusetts Mutual Life Insurance over its accounting practices in investment operations, the Wall Street Journal reported on Wednesday. The Securities and Exchange Commission has issued subpoenas seeking information about MassMutual’s bookkeeping around income on billions of dollars of loans it ...
Wednesday, October 8
by
SRN News
Crypto exchange Gemini launches Australian arm
SINGAPORE (Reuters) -Cryptocurrency exchange Gemini said on Thursday it has launched an Australian operation as the firm expands into the country, offering its digital currency exchange services to tap into growing demand. “We think that there’s enough market opportunity for us to build a local ...
Wednesday, October 8
by
SRN News
Judge dismisses retailing group’s challenge to New York surveillance pricing law
NEW YORK (Reuters) -A federal judge on Wednesday dismissed a lawsuit by the National Retail Federation challenging the constitutionality of a New York state law requiring retailers to tell customers when their personal data are used to set prices, known as surveillance pricing. U.S. District ...
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