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Category: SRN News

Italy readies navy to protect its shipping amid Bab el-Mandeb tensions

ROME, Sept 17 (Reuters) – Italy is preparing for a possible naval mission to safeguard its merchant shipping as security concerns mount in the Bab el-Mandeb Strait, Defence Minister Guido Crosetto said on Thursday. Crosetto said he and Italy’s chief of defence staff had agreed…

US Democrats look to stop Trump’s Saudi nuclear deal

By Patricia Zengerle WASHINGTON, Sept 17 (Reuters) – US House of Representatives Democrats raised concerns on Thursday about President Donald Trump’s civil nuclear agreement with Saudi Arabia, and said they had introduced a resolution of disapproval seeking to block the deal from coming into force.…

Virbac confirms outlook as Supercharge platforms drive profit growth

Sept 17 (Reuters) – French animal health company Virbac reported higher half-year core profit on Thursday with a recurring operating profit, excluding amortization of assets due to acquisitions, rising 6.8% to 144.2 million euros ($165.50 million), compared with 135.0 million euros a year earlier. Virbac…

GM doubles down on diesel pickups as rivals tap hybrids

By Kalea Hall Sept 17 (Reuters) – General Motors is sticking with a diesel engine to maximize fuel efficiency as it rolls out a next-generation pickup truck, diverging from rivals’ hybrid offerings.  GM plans in the fourth quarter to launch the first major redesign since…

Nebius hikes AI cloud prices again as demand for computing power soars

Sept 17 (Reuters) – Cloud provider Nebius said on Thursday it will raise pay-as-you-go prices for leasing selected Nvidia chips from October 1, marking the company’s second price hike in three months. Demand for computing capacity to train and run AI models is surging; rival…

France plans €54 billion savings drive as protests grow

By Leigh Thomas and Alexandre Dimou PARIS, Sept 17 (Reuters) – France’s government plans to include a €54 billion savings drive in its 2027 budget to stop the fiscal deficit spiralling out of control, Prime Minister Sebastien Lecornu said on Thursday as he faced growing…

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