Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Crypto market eyes interest rates and expected bitcoin ETFs in 2024
By Hannah Lang (Reuters) - After ending 2023 on a high, crypto investors will be watching central bank interest rates and a U.S. regulatory decision on new bitcoin products as they decide how to place...
Dec 11, 2023
SNB to hold rates through at least September, longer than the ECB- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The Swiss National Bank will hold its key policy rate until at least the third quarter of next year, longer than the European Central Bank, despite price pressu...
Dec 11, 2023
Powell may hope for replay of Fed circa 1995 even as he shuns “victory”
By Howard Schneider WASHINGTON (Reuters) - As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious. "As a result of ...
Dec 11, 2023
Hedge funds have lowest exposure to financials since March 2020 -Goldman
By Nell Mackenzie LONDON (Reuters) - Global hedge funds sold financial stocks for a 10th week running in the week ending Dec. 8 and now have the lowest exposure to the sector since March 2020, when th...
Dec 11, 2023
Investcorp acquires 50% stake in Corsair Capital’s infrastructure business
By Hadeel Al Sayegh DUBAI (Reuters) - Middle East alternative investment firm Investcorp has acquired a 50% stake in the $4.8 billion infrastructure business of U.S. firm Corsair Capital, the two comp...
Dec 11, 2023
US plans $35 million award to BAE to boost chip supply for F-35
By David Shepardson WASHINGTON (Reuters) - The U.S. Commerce Department said Monday it plans to award $35 million to BAE Systems to quadruple production in New Hampshire for key semiconductor chips us...
Dec 11, 2023
Bernie Madoff is long gone. The lawyers are going strong
By David Thomas (Reuters) - Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on Dec. 11, 2008 for ru...
Dec 11, 2023
Pakistan cenbank to hold rates steady as inflation seen easing- Reuters poll
By Ariba Shahid KARACHI (Reuters) - Pakistan's central bank is expected to hold its key rate steady at a fourth straight policy meeting on Tuesday, with inflation forecast to start easing in coming mo...
Dec 11, 2023
Nordic pension funds will ask Tesla to respect collective bargaining in joint letter
COPENHAGEN (Reuters) -A group of Nordic pension funds will send a joint letter to Tesla Inc this week, urging the U.S. carmaker to respect collective bargaining for its employees in the region, Danish...
Dec 11, 2023
Exclusive-After US curbs, Tencent and small chip designers chase Nvidia’s China crown
By Yelin Mo and Fanny Potkin BEIJING/SINGAPORE (Reuters) - Chinese chip designers including Tencent Holdings are aggressively pitching their AI chips as alternatives to Nvidia's, hoping U.S. export re...
Dec 11, 2023
