Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
First EV charging station funded by Biden's infrastructure law goes online
By David Shepardson WASHINGTON (Reuters) - The first electric vehicle charging station funded by a $7.5 billion U.S. government program has begun operating in Ohio, the White House said Monday as the ...
Dec 11, 2023
Institutional investors lag retail peers in ETF adoption: Cerulli
By Bansari Mayur Kamdar (Reuters) - Institutional investors lag their retail peers in adoption and use of exchange-traded funds (ETFs), according to a report by research firm Cerulli Associates. These...
Dec 11, 2023
Canadian insurer Sun Life names new president for Asia business
(Reuters) - Canada's Sun Life Financial on Monday named its Chief Financial Officer Manjit Singh as the president of its Asia business. Singh, who joined the company as CFO in 2021, will take over the...
Dec 11, 2023
Hedge funds went on stock-buying spree ahead of job data -Morgan Stanley
By Carolina Mandl NEW YORK (Reuters) - Global hedge funds went on a stock-buying spree just ahead of a U.S. jobs report that drove the S&P 500 and Nasdaq to their highest closing levels since early 20...
Dec 11, 2023
Russia to end rate hiking cycle with final increase to 16% on Friday
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Russia will raise interest rates to 16% on Friday, a Reuters poll showed on Monday, with inflation pressure exacerbated by labour shortages...
Dec 11, 2023
GlobalFoundries names chip industry veteran Hollister as CFO
(Reuters) - GlobalFoundries named semiconductor industry veteran John Hollister as its finance chief on Monday, replacing David Reeder, who is leaving after a three years at the contract chipmaker. Ho...
Dec 11, 2023
Argentina prepares for Milei to start shock therapy
By Marc Jones LONDON (Reuters) - Argentina's financial markets were on tenterhooks on Monday to see if new President Javier Milei would immediately launch into his promised economic shock therapy by d...
Dec 11, 2023
Global trade to contract by 5% in 2023, UN body says
GENEVA (Reuters) - Global trade is set to contract by 5% in 2023 compared to last year, the United Nations trade body said on Monday, with an overall pessimistic forecast for 2024. In its Global Trade...
Dec 11, 2023
Bond investors brace for Fed pushback on rate cuts
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bond investors are expecting the Federal Reserve this week to temper the market's conviction that U.S. interest rates will be cut early next year, even...
Dec 11, 2023
Occidental Petroleum to expand Permian ops with $12 billion deal for CrownRock
(Reuters) -Occidental Petroleum said on Monday it would buy energy producer CrownRock in a cash-and-stock deal valued at $12 billion including debt, expanding in the lucrative Permian basin. Investors...
Dec 11, 2023
