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Foods with healthy-sounding buzzwords could be hiding added sugar in plain sight
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Wednesday, July 2
by
SRN News
Morning Bid: Deadline? What deadline?
LONDON (Reuters) -What matters in U.S. and global markets today Global stocks are tiptoeing higher, while the U.S. dollar continues to struggle at three-year lows against a basket of currencies. Federal Reserve Chair Jerome Powell says the central bank is in no rush to raise ...
Wednesday, July 2
by
SRN News
Futures inch higher as investors eye trade deals, payrolls data
(Reuters) -Wall Street stock index futures edged higher on Wednesday, as investors monitored U.S. trade negotiations ahead of President Donald Trump’s July 9 deadline and looked ahead to payrolls data for clues on the monetary policy path. The Nasdaq and the S&P 500 closed lower ...
Wednesday, July 2
by
SRN News
Schroders upgrades global corporate bonds on easing U.S. recession risks
(Reuters) -Schroders upgraded its outlook for global corporate bonds to ‘neutral’ from ‘negative’ on Wednesday and maintained its positive view on global equities as it expects reduced risks of a U.S. recession. The British asset manager upgraded its stance on both U.S. investment grade and ...
Wednesday, July 2
by
SRN News
NHTSA opens recall query into about 299,000 Stellantis vehicles
(Reuters) -The U.S. National Highway Traffic Safety Administration said on Wednesday it opened a recall query into about 299,000 vehicles from Chrysler parent Stellantis, after receiving complaints about faulty shifter cable bushings. A bushing, usually made of rubber, connects the shifter cable to the ...
Wednesday, July 2
by
SRN News
Ukraine looks to jointly produce weapons with allies, while US halts some shipments
KYIV, Ukraine (AP) — Ukraine is forging ahead with embryonic plans for joint weapons production with some of its international allies, top officials said, while the U.S. announced it was halting some arms shipments promised to help Ukraine fight off Russia. Those plans come at ...
Wednesday, July 2
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SRN News
US judge says China’s Huawei Technologies must face criminal case for racketeering and other charges
BANGKOK (AP) — A U.S. judge has ruled that China’s Huawei Technologies, a leading telecoms equipment company, must face criminal charges in a wide reaching case alleging it stole technology and engaged in racketeering, wire and bank fraud and other crimes. U.S. District Judge ...
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Wednesday, July 2
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SRN News
Wildfire kills 2 people in Spain as parts of Europe bake in heat wave
BARCELONA, Spain (AP) — Two people died in Spain in a wildfire that spread quickly before firefighters brought it under control, authorities said, as a European heat wave sent thermometers soaring again on Wednesday. The blaze broke out in the rural province of Lleida. It ...
Wednesday, July 2
by
SRN News
Stellantis seeking more time to meet EU’s CO2 targets on utility vehicles
PARIS (Reuters) -Automaker Stellantis is seeking a five-year extension to tighter European rules on CO2 emissions for vans, said Jean-Philippe Imparato, responsible for Enlarged Europe, on Wednesday. Imparato also reiterated that Stellantis is backing proposals to create a new category of smaller-sized cars in Europe ...
Wednesday, July 2
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SRN News
They tried Made in the USA – it was too expensive for their customers
By Siddharth Cavale NEW YORK (Reuters) -When Plufl co-founders Yuki Kinoshita and Noah Silverman pitched their “dog beds for humans” prototype to Shark Tank in 2022, they envisioned making the plush, snuggly, memory foam beds in China and selling them at retail in the U.S. ...
Wednesday, July 2
by
SRN News
Record July Fourth travel expected as Americans hit the road and the skies
By Doyinsola Oladipo NEW YORK (Reuters) -A record number of Americans are set to travel for the Fourth of July holiday by road and air, travel industry statistics show, but many last-minute travelers say their plans depend on whether they can get a good deal ...
Wednesday, July 2
by
SRN News
Ferrari wins back rights to Testarossa brand at EU court
AMSTERDAM (Reuters) -Ferrari on Wednesday scored a win at the EU’s second-highest court, which said the luxury sportscar maker had been wrongfully stripped off the rights to the Testarossa brand name. Ferrari’s rights on the mark were revoked in 2023 by the European Union’s Intellectual ...
Wednesday, July 2
by
SRN News
Italy could lose 20 billion euros in exports, 118,000 jobs with US tariffs, industry head says
MILAN (Reuters) -Italy risks losing 20 billion euros ($23.6 billion) in exports and 118,000 jobs next year if the U.S. imposes tariffs of 10% on all European products, the head of the main Italian business lobby said on Wednesday. “Italy does not just export ...
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