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My Region
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US FDA approves Omeros’ drug to treat dangerous transplant complication
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Monday, September 8
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SRN News
Glencore’s former head of recycling launches critical minerals processing firm
By Ernest Scheyder (Reuters) -The former head of Glencore’s recycling business is launching a U.S.-based metals processing company with the goal of lowering the cost and time to refine copper and other critical minerals. The move comes amid increased pressure on industry from Washington and other ...
Monday, September 8
by
SRN News
US bank regulator issues guidelines to avert ‘debanking’
WASHINGTON (Reuters) -A top U.S. banking regulator said Monday it was rolling out new guidance to discourage banks from cutting off, or “debanking”, customers on political and religious grounds, a month after President Donald Trump directed oversight agencies to scrutinize banks for political bias. The ...
Monday, September 8
by
SRN News
Leapmotor CEO says global sales to hit 1 million in 2026, 4 million within a decade
By Nick Carey MUNICH (Reuters) -Leapmotor’s global sales should hit 1 million units in 2026 and 4 million annually within a decade, with 60% of sales coming from outside China, CEO Zhu Jiangming told Reuters at the IAA Mobility car show in Munich on Monday. “We ...
Monday, September 8
by
SRN News
China’s BYD to produce all EVs for Europe locally by 2028, executive says
By Nick Carey and Christina Amann MUNICH (Reuters) -China’s No. 1 automaker BYD will make its EVs for sale in Europe locally within three years, helping it avoid EU tariffs, while plug-in hybrids should dominate its European sales in the short term, a top executive ...
Monday, September 8
by
SRN News
New York Fed finds consumers more worried about job market in August
By Michael S. Derby (Reuters) -Americans grew notably less sanguine about the job market in August and downgraded views of their current financial situations, a report from the New York Federal Reserve Bank showed on Monday. The regional Fed bank’s Survey of Consumer Expectations for August ...
Monday, September 8
by
SRN News
ElevenLabs staff to sell shares at $6.6 billion valuation, Bloomberg News reports
(Reuters) -ElevenLabs is letting employees sell shares at a valuation of $6.6 billion – double the voice cloning artificial intelligence startup’s previous value, Bloomberg News reported on Monday. ElevenLabs had raised $180 million in its last funding round in January which gave it a valuation ...
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Monday, September 8
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SRN News
Analysis-Cuts to US oil jobs and spending threaten output growth
By Arathy Somasekhar and Georgina McCartney HOUSTON (Reuters) -The U.S. oil industry has laid off thousands of workers and cut billions in spending due to lower oil prices and the biggest consolidation in a generation, in what could mark the end of the rapid output ...
Monday, September 8
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SRN News
Renault aims to retain edge with sleeker Clio 6 at Munich car show
By Gilles Guillaume MUNICH (Reuters) -Renault unveiled the sixth generation of its popular Clio hatchback on Monday at the Munich car show, its biggest overhaul in 13 years. The car remains a big-volume seller for the French automaker, but faces rising competition from Chinese automakers ...
Monday, September 8
by
SRN News
Robinhood joins new band of companies calling the S&P 500 their home
Online broker Robinhood Markets will join the S&P 500 index after riding the popularity of cryptocurrencies to profitability and an all-time high stock price. The company is set to join the benchmark index on Sept. 22, along with mobile technology platform AppLovin and construction company ...
Monday, September 8
by
SRN News
Star Trek plans packed lineup for the franchise’s 60th anniversary, with Lego sets and YouTube show
LOS ANGELES (AP) — Not many franchises have fueled society’s timeless fascination with the boundless possibilities of a utopian future like “Star Trek.” Next year the sprawling franchise will add more shows, Lego sets and even a Rose Parade Float in a yearlong celebration of ...
Monday, September 8
by
SRN News
South Koreans feel betrayed after hundreds of workers were detained in a plant raid in Georgia
SEOUL, South Korea (AP) — South Korea’s foreign minister departed for the U.S. on Monday to finalize steps for the return of several hundred South Korean workers detained last week in a massive immigration raid in Georgia, as the incident caused confusion, shock and ...
Monday, September 8
by
SRN News
Dick’s Sporting Goods completes $2.4 billion Foot Locker deal
(Reuters) -Footwear retailer Dick’s Sporting Goods said on Monday it had completed its $2.4 billion acquisition of Foot Locker. The deal gives Dick’s a stronger foothold in the sneaker market with over 3,200 stores and an entry into international markets, while both companies battle for ...
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