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US government admits negligence in helicopter-plane collision that killed 67 in Washington
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Monday, November 17
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SRN News
Lumexa Imaging files for US IPO
(Reuters) -Medical imaging firm Lumexa has filed for a U.S. initial public offering, a Securities and Exchange Commision filing showed on Monday.(Reporting by Ateev Bhandari in Bengaluru; Editing by Alan Barona) Brought to you by www.srnnews.com
Monday, November 17
by
SRN News
Trading Day: Markets twitch, volatility stirs
By Jamie McGeever ORLANDO, Florida (Reuters) -Worries over the health of the U.S. consumer helped push Wall Street deep into the red on Monday, as investors also braced for Nvidia's earnings and the resumption of key U.S. economic data releases later in the week. More on ...
Monday, November 17
by
SRN News
German Navy to purchase C$1 billion Canadian combat management system, Canada’s trade minister says
(Reuters) -The German Navy will purchase Lockheed Martin Canada's combat management system CMS 330 for more than C$1 billion, Canadian trade minister Maninder Sidhu announced Monday. "The selection of Lockheed Martin Canada's CMS 330 by the German Navy is a testament to our world-class defence ...
Monday, November 17
by
SRN News
Fed’s Cook blasts mortgage fraud allegations against her as ‘baseless’ in letter to AG Bondi
WASHINGTON (AP) - In a letter to Attorney General Pam Biondi on Monday, lawyers for Federal Reserve Governor Lisa Cook disputed allegations by a Trump administration official that she committed mortgage fraud. President Donald Trump used the accusation as a basis to seek her ...
Monday, November 17
by
SRN News
Goldman Sachs sees oil prices falling through 2026 on supply surge
(Reuters) -Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day. The bank forecast Brent crude will average $56 a barrel and ...
Monday, November 17
by
SRN News
Trump’s coffee tariff change helps US roasters, hurts Brazil
By Marcelo Teixeira, Roberto Samora and Oliver Griffin NEW YORK (Reuters) -The Trump administration's decision to eliminate tariffs on most coffee bean imports will be a boon for coffee roasters and importers in the U.S., but top global grower Brazil will suffer because its coffee ...
Monday, November 17
by
SRN News
Home Depot, Lowe’s earnings to gauge recovery in home-improvement spending
By Savyata Mishra (Reuters) -Home Depot and Lowe's are set to post modest sales gains when they report quarterly results this week, giving investors a read on whether the outlook is improving or consumer caution is still holding back renovation and do-it-yourself spending. The two ...
Monday, November 17
by
SRN News
Exclusive-Pinkberry parent company MTY Food Group hires TD Bank to explore a sale, sources say
By Abigail Summerville (Reuters) -Canada's MTY Food Group, owner of restaurant chains including Pinkberry and Cold Stone Creamery, has hired Toronto Dominion Bank to explore a sale, according to people familiar with the matter, who asked not to be named because the process is confidential. THE ...
Monday, November 17
by
SRN News
Stifel sees S&P 500 falling 5% to 6,350
NEW YORK (Reuters) -Stifel's chief market strategist Barry Bannister said on Monday that the S&P 500 is facing additional downside to the tune of a 5% decline to about 6,350 in the next several months, citing issues such as Fed policy and high valuations. ...
Monday, November 17
by
SRN News
Exclusive-Weinstein’s Saba sells credit derivatives on Big Tech as AI risks grow, source says
By Nell Mackenzie and Lucy Raitano LONDON (Reuters) -Boaz Weinstein's Saba Capital Management has sold credit derivatives in recent months to lenders seeking protection on big tech names like Oracle and Microsoft due to concerns over a debt-financed AI investment frenzy, a source told Reuters. ...
Monday, November 17
by
SRN News
Exclusive-Chevron joins race to explore potential purchase of Lukoil assets, sources say
By Shariq Khan, Anna Hirtenstein and Dmitry Zhdannikov LONDON (Reuters) -U.S. oil major Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday. The U.S. Treasury gave clearance last week to ...
Monday, November 17
by
SRN News
Satellite provider York Space Systems files for US IPO
(Reuters) -Private equity-backed satellite provider York Space Systems filed for an initial public offering in the United States on Monday. IPO activity in the United States is expected to pick up into the end of the year as companies look to seize on a narrow ...
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