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India’s Cipla posts steeper-than-expected quarterly profit slump on tumour drug supply crunch
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Wednesday, September 24
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SRN News
Silvia Venturini Fendi asserts creative control with a colorful, youthful Milan runway collection
MILAN (AP) — Silvia Venturini Fendi has taken full creative control of her family’s fashion house, unleashing her powers on a co-ed Spring-Summer 2026 collection previewed during Milan Fashion Week on Wednesday that displayed the heritage Italian brand’s craft and fantasy. A color block Peekaboo ...
Wednesday, September 24
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SRN News
Indigenous groups criticize Ecuador’s $47 billion oil expansion plan in Amazon
BOGOTA, Colombia (AP) — Seven Indigenous groups in Ecuador’s Amazon have denounced a government plan to offer dozens of blocks of land for oil exploration, saying it threatens their ancestral lands and violates constitutional protections. The criticism targets a plan from the Ministry of Energy ...
Wednesday, September 24
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SRN News
Alessandro Dell’Acqua’s No. 21 collection brings lightness to heavy times
MILAN (AP) — Alessandro Dell’Acqua’s No. 21 collection for next spring and summer, presented Wednesday during Milan Fashion Week, is a study in lightness, as a hedge against the heavy times. “I believe that in moments of heaviness and uncertainty, sometimes taking a moment of ...
Wednesday, September 24
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SRN News
Stocks end lower as valuation concerns creep in
NEW YORK (Reuters) -U.S. stocks closed lower for a second straight session on Wednesday, as investors booked profits with indexes near record levels after Federal Reserve Chair Jerome Powell flagged potentially stretched stock prices and ahead of a reading on inflation later in the ...
Wednesday, September 24
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SRN News
Fed’s Daly: Further rate cuts will likely be needed
By Ann Saphir (Reuters) -San Francisco Federal Reserve Bank President Mary Daly said on Wednesday she “fully supported” the decision by the Fed to cut its policy rate last week and expects further reductions ahead. “Will they come right now, this year or going forward?” Daly ...
Wednesday, September 24
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SRN News
Citigroup sells 25% stake in Banamex to Mexican billionaire Fernando Chico Pardo
(Reuters) -Citigroup said on Wednesday it has agreed to sell an equity stake in Grupo Financiero Banamex to a company owned by Fernando Chico Pardo and his immediate family, marking a step toward the firm’s planned divestiture of the unit. Citigroup will sell a 25% ...
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Wednesday, September 24
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SRN News
Nasdaq says short interest rose 1.1% in mid-September
NEW YORK (Reuters) -Short interest on the Nasdaq rose 1.1% in mid-September, the exchange said on Wednesday. As of September 15, short interest rose to about 17.146 billion shares, compared with 16.959 billion shares as of August 29. Investors who sell securities “short” borrow shares and ...
Wednesday, September 24
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SRN News
NYSE short interest rose 3.3 percent in mid-September
NEW YORK, Sept 24 (Reuters) – Short interest on the New York Stock Exchange rose 3.3 percent in mid-September, the exchange said on Wednesday. As of Sept. 15, short interest rose to about 19.181 billion shares, compared with 18.568 billion shares as of Aug. 29. Investors ...
Wednesday, September 24
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SRN News
Disney shareholders demand reasons for Kimmel suspension, Semafor reports
(Reuters) -A group of Walt Disney shareholders is demanding that the company turn over documents related to its decision to suspend Jimmy Kimmel’s show last week, Semafor reported on Wednesday. Kimmel returned to the air Tuesday night, six days after his remarks about the accused ...
Wednesday, September 24
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SRN News
Stocks cool, commodities stir
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Wall Street fell on Wednesday as record high prices and lofty valuations gnawed away at sentiment, while the dollar rose as investors continued to digest Federal Reserve ...
Wednesday, September 24
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SRN News
Xcel Energy will pay $640M to settle claims from Denver-area wildfire that burned 1,000 structures
DENVER (AP) — Xcel Energy said Wednesday it expects to pay about $640 million to settle lawsuits alleging it was responsible for starting Colorado’s most destructive wildfire that killed two people and destroyed nearly 1,000 homes in 2021. The announcement came right before jury selection ...
Wednesday, September 24
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SRN News
Lawyers say disability wasn’t a factor in man’s death after riding a Universal coaster
ORLANDO, Fla. (AP) — Attorneys for the family of a man who died last week after riding a roller coaster at Universal Orlando Resort’s newest theme park said Monday that they believe he smacked his head on a restraint during downward thrusts and was ...
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