Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Amazon to defend iRobot buy at Dec 18 EU hearing, source says
By Foo Yun Chee BRUSSELS (Reuters) - Amazon will defend its $1.4 billion purchase of robot vacuum maker iRobot at a closed EU hearing on Dec. 18, a person with direct knowledge of the matter said, thr...
Dec 12, 2023
Lawmakers call on U.S. regulator to thwart Kroger-Albertsons deal
By Abigail Summerville NEW YORK (Reuters) - Six U.S. lawmakers wrote to the Federal Trade Commission (FTC) on Monday expressing their opposition to the proposed $24.6-billion acquisition of grocery ch...
Dec 12, 2023
Argentina braces for economic shock package as peso shackled
By Jorge Otaola and Walter Bianchi BUENOS AIRES (Reuters) - Argentina's new government will lay out its economic "shock" therapy plans on Tuesday afternoon in a bid to rein in triple-digit inflation a...
Dec 12, 2023
China says it will step up policy adjustments to spur recovery in 2024
BEIJING (Reuters) -China will step up policy adjustments to support an economic recovery in 2024, state media said on Tuesday, following an agenda-setting meeting of the country's top leaders. Investo...
Dec 12, 2023
Pakistan central bank holds key rate at 22% for fourth straight meeting
By Gibran Naiyyar Peshimam and Ariba Shahid KARACHI (Reuters) -Pakistan's central bank kept its key rate unchanged at a record 22% on Tuesday as it waits for the effects of previous hikes to filter th...
Dec 12, 2023
Oracle tumbles as tepid forecast fans cloud growth concerns
(Reuters) - Oracle shares fell 9% in premarket trading on Tuesday as another quarter of below-expectations cloud sales and a bleak forecast amplified concerns over the pace of growth at the business e...
Dec 12, 2023
India’s retail inflation rose to 5.55% in November
NEW DELHI (Reuters) -India's annual retail inflation in November rose at the fastest pace in three months, on the back of food prices, government data showed on Tuesday. Annual retail inflation rose t...
Dec 12, 2023
Goldman commodities head Emerson to retire, succeeded by Qin and Jindal-memos
By Lananh Nguyen NEW YORK (Reuters) - Goldman Sachs' head of global commodities Ed Emerson will retire in March after more than 24 years at the Wall Street giant, according to a memo seen by Reuters. ...
Dec 12, 2023
Pfizer gets OK for $43-billion Seagen deal after donating cancer drug rights
(Reuters) - Pfizer said on Tuesday it has agreed to donate the rights of royalties from sales of cancer drug Bavencio to address concerns from U.S. antitrust regulators related to its $43-billion deal...
Dec 12, 2023
Choice Hotels commences exchange offer for Wyndham shares, prepares for board battle
(Reuters) - Budget hotel operator Choice Hotels International on Tuesday commenced an exchange offer for the shares of Wyndham Hotels & Resorts and said it was preparing to nominate candidates to the ...
Dec 12, 2023
