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Vietnam’s ruling Communist Party re-elects To Lam as general secretary
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Friday, January 23
by
SRN News
Vietnam’s ruling Communist Party re-elects To Lam as general secretary
HANOI, Vietnam (AP) - Vietnam's leader To Lam was re-elected Friday as the general secretary of its ruling Communist Party. The decision came at the conclusion of the National Party Congress, the country's most important political conclave. No announcement was made about whether he ...
Friday, January 23
by
SRN News
EU Commission indicates it’s ready to implement Mercosur trade deal despite parliament vote to delay
FRANKFURT, Germany (AP) - The European Union is willing to implement a sweeping free trade agreement with the Mercosur group of South American countries on a provisional basis, the head of the EU's executive commission said Friday, despite a vote by the EU parliament ...
Friday, January 23
by
SRN News
CK Hutchison explores split sale of global ports, Bloomberg News reports
Jan 23 (Reuters) - CK Hutchison is exploring a restructured sale of dozens of ports to a global consortium by breaking the transaction into smaller parcels with differing ownership structures, Bloomberg News reported on Friday, citing people familiar with the matter. CK Hutchison, which is ...
Friday, January 23
by
SRN News
Euro zone business activity expands more slowly than expected in January
By Indradip Ghosh BENGALURU, Jan 23 (Reuters) - Euro zone business activity expanded more slowly than expected this month as weaker growth in the dominant services industry offset milder factory contraction, according to a survey, while price pressures picked up. The common currency bloc started the ...
Friday, January 23
by
SRN News
Morning Bid: Trump’s Arctic pantomime chills the dollar
A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan did just enough to keep the yen from falling in the Asia session, nudging up inflation forecasts and doing little to dissuade the market from expecting a ...
Friday, January 23
by
SRN News
Analysis-Geopolitical analysis on the rise for investors as risks multiply
By Suzanne McGee and Divya Chowdhury RHODE ISLAND/DAVOS, Jan 23 (Reuters) - Demand for geopolitical analysis is rising, as asset managers and corporate investors seek guidance on the best way to price in risk from wars, territorial saber-rattling and global political risk. The need for such ...
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Thursday, January 22
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SRN News
Lululemon brings workout line ‘Get Low’ back online after complaint-led halt
Jan 22 (Reuters) - Lululemon Athletica said on Thursday it had resumed the online sales of its recently launched "Get Low" workout line, after the company pulled the collection down from its website last week following user complaints. "We have updated our product education information ...
Thursday, January 22
by
SRN News
EU likely to resume ratification of US trade deal, Metsola says
BRUSSELS, Jan 22 (Reuters) - The European Union will likely resume work on a trade deal with the United States after U.S. President Donald Trump took back a tariff threat over his attempt to acquire Greenland, the European Parliament's president said on Thursday. ...
Thursday, January 22
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SRN News
SpaceX lines up four Wall Street banks for potential IPO, FT reports
Jan 22 (Reuters) - Elon Musk's SpaceX is lining up investment bankers at four Wall Street firms for leading roles on a potential initial public offering, the Financial Times reported on Thursday, citing people familiar with the matter. Bank of America, Goldman Sachs, JPMorgan Chase ...
Thursday, January 22
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SRN News
Exclusive-Trafigura makes first Venezuelan crude sale under supply deal, sources say
By Pietro Lombardi, Shariq Khan and Ahmad Ghaddar Jan 22 (Reuters) - Trading house Trafigura has sold its first cargo of Venezuelan crude oil as part of a 50-million-barrel supply deal between Caracas and Washington, industry sources said on Thursday, with Spanish refiner Repsol set ...
Thursday, January 22
by
SRN News
JPMorgan buys UK pensions technology firm WealthOS, memo shows
Jan 22 (Reuters) - U.S. banking giant JPMorgan Chase has closed a deal to buy UK-based pensions technology platform WealthOS, according to an internal memo seen by Reuters on Thursday. The acquisition will deepen the bank's footprint in pensions, positioning it to tap demand ...
Thursday, January 22
by
SRN News
Average US long-term mortgage rate edges higher, but still near lowest point in more than 3 years
The average long-term U.S. mortgage rate ticked higher this week, but remains near its lowest level in more than three years. The benchmark 30-year fixed rate mortgage rate rose to 6.09% from 6.06% last week, mortgage buyer Freddie Mac said Thursday. One year ago, the ...
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