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Trump threatens 100% tariff on Canada if it makes a deal with China
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Thursday, October 16
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SRN News
NextDecade reaches positive FID on Train 5 at Rio Grande LNG project in Texas
(Reuters) -U.S. liquefied natural gas producer NextDecade said on Thursday it had reached a positive final investment decision (FID) on the fifth liquefaction plant, known as a train, of its Rio Grande export project in Texas. Shares of the company rose over 4% in extended ...
Thursday, October 16
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SRN News
Trump announces a deal with a manufacturer to make a common fertility drug cheaper for IVF patients
WASHINGTON (AP) — Drugmaker EMD Serono will reduce the cost of a common fertility medication through a deal struck with the Trump administration, President Donald Trump said Thursday while also unveiling new federal guidance he said will encourage employers to offer fertility coverage. The new ...
Thursday, October 16
by
SRN News
CSX profit falls 22% as new CEO takes over but performance is expected to improve
CSX’s earnings fell 22% in the third quarter as the railroad wrapped up two major construction projects that were limiting traffic, but volume was still up slightly and the results were weighed down by a one time charge. The Jacksonville, Florida-based company said Thursday it ...
Thursday, October 16
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SRN News
Dollar dented by simmering trade tensions, rate cut bets
By Chibuike Oguh and Stefano Rebaudo NEW YORK (Reuters) -The U.S. dollar fell, on track for a third consecutive session of losses against major currencies including the euro, yen and Swiss franc on Thursday, amid U.S.-China tensions and as markets assess remarks from Federal Reserve officials. China ...
Thursday, October 16
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SRN News
Bank of Japan chief signals need for more data in deciding October move
By Leika Kihara WASHINGTON (Reuters) -Bank of Japan Governor Kazuo Ueda said on Thursday the central bank will scrutinise various data, including information he collects during his stay in Washington, in deciding whether to raise interest rates in October. He repeated his view that the central ...
Thursday, October 16
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SRN News
JPMorgan Chase CEO says company is looking at banks in Europe, Latin America
NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon said on Thursday the largest U.S. lender was looking at banks in Europe and Latin America. He made the comments in response to economic commentary from Banco Santander Executive Chair Ana Botín as she laid out growth ...
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Thursday, October 16
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SRN News
United Airlines sees US shutdown as risk to travel confidence
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines Scott Kirby warned on Thursday that an extended government shutdown risks taking a toll on airline bookings as well as flight operations. The shutdown has entered its third week due to a political stalemate over government funding, amplifying ...
Thursday, October 16
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SRN News
Spirit Airlines to furlough another 365 pilots amid restructuring
NEW YORK (Reuters) -Spirit Airlines on Thursday said it will furlough 365 pilots and downgrade the status of up to 170 pilots in the first quarter of 2026 as it takes additional steps to rightsize its workforce as part of its ongoing restructuring efforts ...
Thursday, October 16
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SRN News
India already cutting Russian oil imports by 50% after US talks, White House official says
(Reuters) -The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday. (Reporting By Jarrett Renshaw; Editing by Chris Reese) Brought to you by www.srnnews.com
Thursday, October 16
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SRN News
Canadians set aside contempt for tariffs and Trump rhetoric for the love of the Toronto Blue Jays
SEATTLE (AP) — On this perfectly crisp and sunny October day, Canadian Grant Murray was eager to drive down to Seattle for a once-in-a-lifetime Major League Baseball playoff game featuring his beloved Toronto Blue Jays. But he really didn’t want to be here in ...
Thursday, October 16
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SRN News
EssilorLuxottica sales boosted by Meta AI glasses
By Gianluca Lo Nostro (Reuters) -Ray-Ban maker EssilorLuxottica posted record third-quarter sales on Thursday and said it would accelerate production capacity for its booming smart glasses business. The eyewear giant, which is riding a wave of consumer appetite for AI-powered wearables, said revenue in the quarter ...
Thursday, October 16
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SRN News
Insurance tech firm Exzeo eyes $2 billion valuation in US IPO
By Arasu Kannagi Basil (Reuters) -Insurance technology firm Exzeo Group said on Thursday it was targeting a valuation of up to $2 billion in its U.S. initial public offering, becoming the latest company to proceed with its listing plans despite the ongoing government shutdown. The Tampa, ...
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