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Category: SRN News

How Healey’s first UK budget could ripple through markets

By Samuel Indyk and Medha Singh LONDON, Oct 16 (Reuters) – Britain’s new finance minister, John Healey, delivers his first budget on October 28 against a backdrop of rising global borrowing costs and high energy prices due to the Iran war. “This budget is about…

Dolce & Gabbana Beauty unit sees double-digit growth in 2026

ROME, Oct 16 (Reuters) – Dolce & Gabbana’s beauty business expects to maintain double-digit growth in 2026 after surpassing €1 billion ($1.12 billion) in wholesale revenues last year, its CEO said in an interview with financial daily Il Sole 24 Ore published on Friday. •…

Golf-Asian Tour postpone Saudi International after Riyadh attacks

Oct 16 (Reuters) – The Asian Tour postponed its season-ending Saudi International indefinitely on Friday in the aftermath of a deadly attack on the international airport in Riyadh, where the tournament was scheduled to take place next month. Yemen’s Houthi movement has been firing ballistic…

Euro gets much-needed reprieve as AI wobbles rock the dollar

SINGAPORE, Oct 16 (Reuters) – The dollar skidded on Friday toward its first weekly fall in five, lifting the euro from a 17-month low as wobbles in AI investment and a drop in US yields put the brakes on recent gains. AI stocks have cratered…

China targets practical action from global governance forum next week

BEIJING, Oct 16 (Reuters) – China is aiming to spur more effective and accessible global governance solutions at a forum next week, convened under its push for an alternative governance system for the world. • The Chinese People’s Institute of Foreign Affairs will host the…

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