Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
In the Market: Wall Street eyes waning cash pile with anxiety
By Paritosh Bansal (Reuters) - U.S. short-term financing markets saw a three-day spike in interest rates at month-end. That's left Wall Street wondering whether the financial system is running out of ...
Dec 12, 2023
Indonesia says will audit TikTok, Tokopedia trial e-commerce tieup
By Ananda Teresia JAKARTA (Reuters) - China's TikTok and Indonesia's tech group GoTo will carry out a trial e-commerce partnership for several months as regulators assess its impact on small merchants...
Dec 12, 2023
Marketmind: UK labour data takes the stage before US inflation
A look at the day ahead in European and global markets from Ankur Banerjee UK labour market data on Tuesday will take centre stage as Europe wakes up, with traders trying to gauge just how much inflat...
Dec 12, 2023
JD.com founder says firm is ‘bloated’, as China e-commerce giants face pressure
By Casey Hall and Sophie Yu SHANGHAI/BEIJING (Reuters) - The founder of JD.com told staff he acknowledged the e-commerce giant was too large and inefficient and vowed to instil change, in response to ...
Dec 12, 2023
US Consumer group seeks stronger warnings on Botox, similar treatments
By Leroy Leo (Reuters) - Consumer advocacy group Public Citizen on Tuesday filed a petition with the U.S. Food and Drug Administration seeking to require makers of Botox and several similar injections...
Dec 12, 2023
Exclusive-JPMorgan to outsource $500 billion custody business in Hong Kong, Taiwan – sources
By Selena Li HONG KONG (Reuters) - JPMorgan Chase is set to outsource the operations of its local custody business in Hong Kong and Taiwan with Citigroup, HSBC and Standard Chartered in the race for t...
Dec 11, 2023
Tesla says it is ‘morally obligated’ to continue improving Autopilot, reiterates safety claims
(Reuters) - U.S. automaker Tesla Inc on Monday said it has a "moral obligation" to continue improving its Autopilot driver assistant system and make it available to more consumers based on data that s...
Dec 11, 2023
Investors in China’s lagging markets to play defence in 2024
By Summer Zhen HONG KONG (Reuters) - Investors in Chinese stocks next year will be seeking out businesses with global reach or other insulation from an economic downturn, after three straight years of...
Dec 11, 2023
M&A deals in Permian basin exceeds $100 billion in 2023 – WoodMac
(Reuters) - The value of U.S. oil and gas mergers and acquisitions in the Permian basin this year has reached a record of more than $100 billion after several multi-billion dollar deals, consultancy W...
Dec 11, 2023
Disney, Reliance working on terms of India media operations merger – ET
BENGALURU (Reuters) - Reliance Industries, India's most valuable company, and Walt Disney Co are finalising details of a non-binding term sheet to merge their Indian media operations, the Economic Tim...
Dec 11, 2023
