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October 2024

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Exclusive-Brent oil traders use little known rule to reroute US cargoes

By Florence Tan, Alex Lawler and Robert Harvey LONDON (Reuters) – Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used…
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4
2024-10-02 13:03

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OpenAI, Italian state lender CDP team up for AI use in startups

MILAN (Reuters) – OpenAI and Italy’s state lender CDP have signed a memorandum of understanding to support the take up of artificial intelligence (AI) by Italian…
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5
2024-10-02 12:59

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US energy companies’ shares gain as Middle East crisis sparks supply fears

(Reuters) – U.S. energy companies’ shares climbed premarket on Wednesday, propelled by gains in oil prices on concerns that an escalation of tensions in the Middle…
srnnews
4
2024-10-02 12:48

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Humana says members in its highly rated Medicare Advantage plans fell for 2025

(Reuters) – Humana said the total members enrolled in its highly rated Medicare Advantage plans for people aged 65 years and above have reduced for 2025,…
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4
2024-10-02 12:20

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Nike shares dip as investors fret over murky turnaround timeline

By Ananya Mariam Rajesh (Reuters) -Nike shares dropped about 8% in premarket trading on Wednesday after the sportswear giant withdrew its annual revenue target, leaving investors guessing on the timeline for…
srnnews
2
2024-10-02 11:34

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OPEC+ set to keep output policy unchanged at panel meeting

By Alex Lawler, Ahmad Ghaddar and Maha El Dahan LONDON/DUBAI (Reuters) – An OPEC+ ministerial panel scheduled to meet on Wednesday is unlikely to recommend any changes…
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2
2024-10-02 11:32

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Morning Bid: MidEast tension, port strike see edgy Q4 start

A look at the day ahead in U.S. and global markets from Mike Dolan With Middle East tensions dialing back up, U.S. port workers on strike and global industry under the…
srnnews
1
2024-10-02 11:02

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Bank of England says global asset prices remain ‘stretched’

By David Milliken and Suban Abdulla LONDON, Oct 2 (Reuters) – Global asset prices remain stretched and are vulnerable to a big fall as investors grow more…
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2
2024-10-02 10:32

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Maersk continues Beirut port calls despite business disruption

COPENHAGEN (Reuters) – Container shipping company Maersk said on Wednesday it continued to serve its customers in Lebanon with two weekly callings in Beirut despite the…
srnnews
1
2024-10-02 09:42

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Meta, Australian banks tout progress on taking down ‘celeb bait’ scam ads

By Byron Kaye SYDNEY (Reuters) – Meta said it has taken down some 8,000 so-called “celeb bait” scam ads from Facebook and Instagram as part of a…
srnnews
2
2024-10-02 09:06
September 2024

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WeightWatchers CEO who oversaw diet company’s move into weight loss drugs abruptly leaves role

NEW YORK (AP) — WeightWatchers is shaking up its leadership. WW International announced Friday that CEO Sima Sistani would leave her role effective immediately. Tara Comonte, a WeightWatchers board member and…
srnnews
2
2024-09-28 20:20

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Exxon director joins Elliott group seeking to acquire Citgo Petroleum

HOUSTON (Reuters) – Exxon Mobil board director Gregory Goff recently joined a newly formed Elliott Investment Management-backed company seeking to acquire control of Venezuela-owned oil refiner…
srnnews
3
2024-09-28 19:34

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Exclusive-TPG in lead to buy stake in Creative Planning at $15 billion valuation, sources say

By Milana Vinn and David French (Reuters) – Buyout firm TPG has emerged as the frontrunner to pick up a minority stake worth $2 billion in Creative…
srnnews
2
2024-09-28 19:04

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Tips for shopping for Medicare Advantage plans

Shopping season for Medicare coverage is about to begin. With it comes the annual onslaught of TV ads and choices to consider. People eligible for the federal government’s Medicare program will…
srnnews
2
2024-09-28 15:18

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UniCredit CEO Orcel attended virtual meeting with Commerzbank, source says

MILAN (Reuters) – UniCredit chief Andrea Orcel attended a virtual meeting the Italian bank held on Friday with Commerzbank after becoming the German lender’s biggest private…
srnnews
2
2024-09-28 14:38

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Online sellers on Walmart’s Flipkart sue India watchdog over antitrust probe

By Aditya Kalra NEW DELHI (Reuters) – Three online sellers operating on Walmart-owned Flipkart have sued the Indian antitrust watchdog over an investigation which found they, Flipkart…
srnnews
3
2024-09-28 13:16

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Thyssenkrupp steel head prepares staff for ‘tough’ cuts

FRANKFURT (Reuters) – Thyssenkrupp’s 27,000 steel workers must brace for deep cuts, the new head of the conglomerate’s steel division told a German newspaper, setting the…
srnnews
2
2024-09-28 11:33

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If your AI seems smarter​, it’s thanks to smarter human trainers

By Supantha Mukherjee and Anna Tong STOCKHOLM/SAN FRANCISCO (Reuters) – In the early years, getting AI models like ChatGPT or its rival Cohere to spit out human-like…
srnnews
3
2024-09-28 11:07

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Jimmy Carter at 100: A century of changes for a president, the US and the world since 1924

Already the longest-lived of the 45 men to serve as U.S. president, Jimmy Carter is about to reach the century mark. The 39th president, who remains under home hospice care,…
srnnews
3
2024-09-28 06:18

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Argentina’s poverty rate spikes to 53% in first 6 months of President Milei’s shock therapy

BUENOS AIRES, Argentina (AP) — Argentina’s poverty rate jumped from 41.7% to 52.9% during the first six months of Javier Milei’ s presidency, the statistics agency reported Thursday, a rise…
srnnews
2
2024-09-26 21:19

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Google expert at antitrust trial says government underestimates competition for online ad dollars

ALEXANDRIA, Va, (AP) — Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant…
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5
2024-09-26 20:18

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Fed’s Williams announces new effort on reference rates

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said Thursday his bank is launching a new panel with private market participants on the…
srnnews
2
2024-09-26 20:03

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Evergrande EV unit’s liquidators still in talks with potential stake buyers

(Reuters) -Liquidators of the electric vehicle arm of debt-laden China Evergrande are still in talks with a potential buyer to take a stake in the company with a view to…
srnnews
2
2024-09-26 19:47

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Cryptocurrency exchange network accused of helping Russia hit with sanctions

WASHINGTON (AP) — A network of people and virtual currency exchanges associated with harboring Russian cybercrime were hit with sanctions on Thursday, in a government-wide crackdown on cybercrime that could…
srnnews
2
2024-09-26 19:21

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Former Bucks player Junior Bridgeman buys minority stake in the franchise

MILWAUKEE (AP) — Junior Bridgeman played for the Milwaukee Bucks long enough to retire as the team leader in games played and performed well enough that his jersey hangs from…
srnnews
2
2024-09-26 19:21

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OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company

OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert…
srnnews
3
2024-09-26 19:21

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Average rate on a 30-year mortgage slips to 6.08%, lowest level in 2 years

The average rate on a 30-year mortgage in the U.S. slipped to its lowest level in two years this week, boosting home shoppers’ purchasing power as they navigate a housing…
srnnews
2
2024-09-26 19:21

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Slow Airbus deliveries raise fresh questions over annual target

By Tim Hepher PARIS (Reuters) -Airbus deliveries are closing September at a slower pace than a year ago, raising increased questions over the European planemaker’s ability to hit a revised annual…
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4
2024-09-26 18:59

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