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Fed’s Miran says he will likely stay after term ends until his seat is filled
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Friday, October 3
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SRN News
No payrolls, no problem as stocks hit record highs
By Marc Jones LONDON (Reuters) -World stocks were on course for a solid weekly gain and more record highs, as the seemingly unstoppable rally in tech shares and expectations of lower U.S. interest rates helped offset U.S. government shutdown uncertainty. Investors have mostly shrugged off the ...
Friday, October 3
by
SRN News
US soybean farmers, deserted by big buyer China, scramble for other importers
By Tom Polansek WATERMAN, Illinois (Reuters) -A trade mission to Nigeria. A memorandum of understanding with Vietnam. A surge of purchases from Bangladesh. These countries are not typically major customers for soybeans from the U.S. farm belt. But desperate farmers, their trade organizations and President Donald ...
Friday, October 3
by
SRN News
Wall St eyes Washington standoff with stocks near records
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. government shutdown tops investors’ agenda next week as markets head into the seasonally strong fourth quarter, with equities near record highs bracing for an earnings-season test later this month. A deep partisan rift in Washington led to ...
Friday, October 3
by
SRN News
Payroll data on ice gives Wall Street newfound free time, but a big problem reading the economy
By Saqib Iqbal Ahmed and Suzanne McGee NEW YORK (Reuters) -The release of U.S. jobs data typically has traders and investors glued to their screens at 8:30 am waiting for the all-important numbers. This Friday, however, is giving some a sudden surplus of free time ...
Friday, October 3
by
SRN News
Cyberattack hits major Japanese beverage producer, affecting its operations
TOKYO (AP) — A major Japanese beverage producer says it has been hit by a cyberattack that left its operations disrupted for the fifth day on Friday, and Japanese media are reporting that stocks of the company’s popular beer and other beverages are running ...
Friday, October 3
by
SRN News
Indian ministers push domestic alternatives to Google, Microsoft apps amid strained US ties
By Arpan Chaturvedi NEW DELHI (Reuters) -Three cabinet colleagues of Indian Prime Minister Narendra Modi are promoting use of apps by domestic rivals to Google Maps, WhatsApp and Microsoft, in the strongest backing yet for “Made in India” products amid trade tension with the ...
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Friday, October 3
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SRN News
Tesla begins selling Cybertrucks in Qatar, company says
(Reuters) -Tesla has now begun selling its Cybertruck in Qatar, the U.S. electric vehicle maker said in a post on X on Friday, following the launch of its operations in Saudi Arabia earlier this year. The Elon Musk-led carmaker marked its first foray into the ...
Friday, October 3
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SRN News
World food prices dip as falls in sugar and dairy offset new high for meat
PARIS (Reuters) -Global food commodity prices dipped in September as declines in sugar and dairy offset a new peak for meat prices, the United Nations’ Food and Agriculture Organization said on Friday. The FAO Food Price Index, which tracks a basket of internationally traded food ...
Friday, October 3
by
SRN News
Nissan to recall over 19,000 US vehicles, citing quick charging fire risk
(Reuters) -Nissan is recalling 19,077 electric vehicles in the United States due to a potential fire risk linked to overheating during quick charging, the U.S. National Highway Traffic Safety Administration said on Friday.(Reporting by Ruchika Khanna in Bengaluru; Editing by Sonia Cheema) Brought to ...
Friday, October 3
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SRN News
Yageo succeeds in $740 million tender offer for Shibaura Electronics, filing shows
(Corrects length of security review to seven months from five in paragraph 3) TOKYO (Reuters) -Taiwan’s Yageo has succeeded in its $740 million unsolicited bid to buy Japan’s Shibaura Electronics as a majority of shareholders tendered to its bid of 7,130 yen ($48.32) per ...
Friday, October 3
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SRN News
Nvidia and Fujitsu agree to work together on AI robots and other technology
TOKYO (AP) — U.S. technology company Nvidia and Fujitsu, a Japanese telecommunications and computer maker, agreed Friday to work together on artificial intelligence to deliver smart robots and a variety of other innovations using Nvidia’s computer chips. “The AI industrial revolution has already begun. Building ...
Friday, October 3
by
SRN News
Roche director Suessmuth Dyckerhoff to stand down from board
ZURICH (Reuters) -Roche said on Friday Claudia Suessmuth Dyckerhoff would not stand for re-election as a member of the pharma company’s board of directors. Suessmuth Dyckerhoff, who has been on Roche’s board since 2016, is stepping down after being nominated for election to the board ...
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