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Louisiana could cut royalties on oil produced on state lands
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Monday, September 22
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SRN News
Brazil’s Cosan says $10 billion capital hike to relieve debt, not fund Raizen
SAO PAULO (Reuters) -Brazilian conglomerate Cosan’s plans to raise up to 10 billion reais ($1.9 billion) through public offerings will go only to alleviating the company’s debt, a top executive said on Monday, adding none of the funds would go to helping its embattled ...
Monday, September 22
by
SRN News
Netflix signs co-marketing deal with AB InBev to promote TV shows and beer
(Reuters) -Netflix and Anheuser-Busch InBev have signed a global co-marketing deal to promote the streaming platform’s most-watched titles and the brewer’s beers, the companies said on Monday. The partnership will include campaigns tied to Netflix’s shows such as UK drama “The Gentlemen” and South Korea’s ...
Monday, September 22
by
SRN News
Oracle names Magouyrk and Sicilia as CEOs; Catz to become executive vice chair of the board
Oracle has named Clay Magouyrk and Mike Sicilia as CEOs, with current CEO Safra Catz becoming executive vice chair of the technology company’s board. The announcement comes as Oracle founder Larry Ellison has been named as part of a group that could be part of ...
Monday, September 22
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SRN News
Pfizer amps up push into obesity treatments with $4.9B deal for Metsera
Pfizer is doubling down on obesity treatments by spending $4.9 billion on the development-stage drugmaker Metsera. The COVID-19 vaccine and treatment maker said early Monday that it will pay $47.50 per share in cash for each Metsera share. That represents a premium of more than ...
Monday, September 22
by
SRN News
US agency wants to buy scandium oxide from Rio Tinto for defence stockpile
LONDON (Reuters) -The U.S. Defense Logistics Agency is seeking to buy scandium oxide worth up to $40 million over the next five years from a unit of mining giant Rio Tinto to secure supplies of the critical material for addition to the national stockpile. Scandium ...
Monday, September 22
by
SRN News
US futures inch lower after rally, Trump’s visa crackdown weighs
By Purvi Agarwal and Sukriti Gupta (Reuters) -U.S. stock index futures nudged lower on Monday after Wall Street’s main indexes rallied to record highs in the previous session, while uncertainty around President Donald Trump’s visa policies also dimmed sentiment. Markets were pausing after a tech-driven rally ...
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Monday, September 22
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SRN News
Flood insurance provider Neptune targets $2.8 billion valuation in US IPO
(Reuters) -Neptune Insurance said on Monday it was targeting a valuation of up to $2.76 billion in its U.S. initial public offering, as the IPO market continues to run hot. Some existing shareholders of the flood insurance provider are targeting to raise up to $368.4 ...
Monday, September 22
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SRN News
SNB to hold rates at zero on September 25 and throughout 2026, economists say: Reuters poll
By Anant Chandak and Indradip Ghosh BENGALURU (Reuters) -The Swiss National Bank will hold its policy rate at zero on September 25 and throughout 2026 due to inflation remaining on target and the currency holding steady, according to a majority of economists in a Reuters ...
Monday, September 22
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SRN News
Powell, Miran among slew of Fed officials speaking this week as policy shifts
By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials this week are set to accelerate the debate over whether to cut interest rates again in just over five weeks with at least a dozen policymakers speaking, including Chair Jerome Powell and new Governor Stephen Miran ...
Monday, September 22
by
SRN News
Euro’s ‘global moment’ risks slipping away amid political division
By Balazs Koranyi, Jan Strupczewski and Elisa Martinuzzi FRANKFURT/BRUSSELS/LONDON (Reuters) – -As alarm over Donald Trump’s trade policy was pushing the dollar toward multi-year lows, European Central Bank chief Christine Lagarde in late-May asked Europe’s leaders to put their money – or rather, their currency ...
Monday, September 22
by
SRN News
Exclusive-Bezos-backed renewables alliance targets $7.5 billion for developing countries
By Simon Jessop LONDON (Reuters) -An alliance that installs renewable energy in developing countries wants to invest around $7.5 billion during its next five-year plan, executives told Reuters, and is seeking more philanthropic partners as richer nations cut government aid. The Global Energy Alliance for People ...
Monday, September 22
by
SRN News
Pfizer to buy weight-loss drug developer Metsera for up to $4.9 billion
(Reuters) -Pfizer said on Monday it would acquire weight-loss drug developer Metsera for up to $4.9 billion to secure its position in the lucrative obesity treatment market.(Reporting by Mariam Sunny in Bengaluru; Editing by Shilpi Majumdar) Brought to you by www.srnnews.com
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