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Tuesday, August 26
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SRN News
Russia says it hopes to resume titanium joint venture with Boeing
MOSCOW (Reuters) -Russia hopes that a U.S.-Russian joint venture involving Boeing in the Sverdlovsk region can resume its operations, Russian First Deputy Prime Minister Denis Manturov told the TASS state news agency in an interview. The joint venture between Russia’s largest titanium maker VSMPO-AVISMA and ...
Tuesday, August 26
by
SRN News
Singapore’s Keppel files for $53 million claim against Seatrium over Brazil corruption case
(Reuters) -Singapore’s Keppel has initiated arbitration proceedings against local shipbuilder Seatrium for a S$68.4 million ($53.33 million) claim related to a corruption crackdown in Brazil, the companies said on Tuesday. In 2022, Seatrium had made provisions worth S$82.4 million to pay Keppel against claims related ...
Tuesday, August 26
by
SRN News
Wall St futures slip as Trump attack on Fed’s Cook unnerves investors
By Johann M Cherian and Sanchayaita Roy (Reuters) -U.S. stock index futures slipped on Tuesday, pressured by a rise in longer-dated Treasury bond yields as President Donald Trump’s decision to fire a Federal Reserve governor renewed concerns about the central bank’s independence. Investors also awaited ...
Tuesday, August 26
by
ABC News
Elon Musk’s xAI sues Apple, OpenAI over alleged scheme to dominate AI
(NEW YORK) -- Elon Musk-owned xAI on Monday sued tech giants Apple and OpenAI over an alleged scheme to illegally dominate the artificial intelligence industry through a collaboration that equipped iPhones with AI tools.The exclusive agreement between the world's largest smartphone producer and a ...
Tuesday, August 26
by
SRN News
The rise of Starbucks’ Pumpkin Spice Latte, by the numbers
Want a little autumn in your August? You’re in luck. The seasonal Pumpkin Spice Latte has returned to Starbucks menus in the U.S. and Canada. The Pumpkin Spice Latte is Starbucks’ most popular seasonal beverage, with hundreds of millions sold since the espresso drink’s 2003 launch. ...
Tuesday, August 26
by
SRN News
Startup women’s leagues on the rise, fueled by popularity of women’s sports. But will they last?
When Justine Siegal and Keith Stein envisioned the United States’ first professional women’s baseball league in 70 years, they wanted to do it right. So they examined the blueprints of successful women’s leagues and studied the pitfalls that caused promising ventures to fail. Their research ...
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Tuesday, August 26
by
SRN News
‘You’re planting your brand flag’: The power of brand building in the women’s sports boom
On a cold day in the beginning of 2024, Alastair Merry and Mary Lou Bunn had a few questions for a public librarian in Ottawa, Ontario. “If you could describe Ottawa and what it means to you in a couple words, how would you do ...
Tuesday, August 26
by
SRN News
Study says AI chatbots inconsistent in handling suicide-related queries
A study of how three popular artificial intelligence chatbots respond to queries about suicide found that they generally avoid answering questions that pose the highest risk to the user, such as for specific how-to guidance. But they are inconsistent in their replies to less ...
Tuesday, August 26
by
SRN News
Morning Bid: Nerves jangled by Fed ‘firing’
By Mike Dolan LONDON (Reuters) – What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets While markets cheered Federal Reserve Chair Jerome Powell’s apparent dovish tilt on interest rates last week, everything’s gone flat today, and President ...
Tuesday, August 26
by
SRN News
HSBC fined $4.2 million by Hong Kong regulators over disclosure failure
By Selena Li and Scott Murdoch HONG KONG (Reuters) -HSBC has been fined HK$4.2 million ($537,683) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday. The bank failed to properly disclose investment banking relationships with Hong Kong-listed companies in more than ...
Tuesday, August 26
by
SRN News
Beach on a budget: Greeks settle for day trips, priced out of iconic destinations
PORTO RAFTI, Greece (AP) — Bus coupon in hand, Diamantoula Vassiliou headed for the sea, determined to make the most of her brief beach excursion. The Athens resident was among thousands who took a four-hour tour this month to Avlaki Beach, one hour north of ...
Tuesday, August 26
by
SRN News
Indonesia says US agrees tariff exemption for its palm oil, cocoa, rubber
By Stefanno Sulaiman and Gibran Naiyyar Peshimam JAKARTA (Reuters) -The United States has agreed in principle to exempt Indonesian exports of cocoa, palm oil and rubber from President Donald Trump’s tariff of 19% imposed since August 7, the Southeast Asian nation’s chief tariff negotiator said ...
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