Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Goldman Sachs lifts benchmark European share index’s 12-month target to 500
(Reuters) - Goldman Sachs has raised its 12-month forecast for the pan-European STOXX 600 index to 500, implying a nearly 6% gain through 2024-end, on expectation of lower interest rates. Goldman's ta...
Dec 11, 2023
European shares listless ahead of cenbank rate verdicts, miners fall
(Reuters) - European shares were largely unchanged at the start of an event-heavy week as investors braced for U.S. inflation data and interest rate decisions from major global central banks, while we...
Dec 11, 2023
China says tax breaks to stay for over 90% of new energy vehicles
BEIJING (Reuters) - More than 90% of China's existing new energy vehicle (NEV) models will continue to receive tax breaks on purchases, under new technical requirements unveiled on Monday, China's ind...
Dec 11, 2023
Confectioners eye holiday boost as UK shoppers snub expensive gifts
By Richa Naidu and Helen Reid LONDON (Reuters) - Quality Street maker Nestle and Cadbury owner Mondelez are seeing higher sales of confectionery in Britain this holiday season driven by cash-strapped ...
Dec 11, 2023
Time for a reckoning: Five questions for the ECB
By Yoruk Bahceli AMSTERDAM (Reuters) - Investors seeking to cash in on a policy pivot from the European Central Bank will watch Thursday's meeting for any hint they should sit tight on bets for swift ...
Dec 11, 2023
Marketmind: Rate prospects at risk as central banks meet
A look at the day ahead in European and global markets from Wayne Cole It's set to be a pivotal week as the Federal Reserve leads a quintet of rich-world central bank meetings that will test market op...
Dec 11, 2023
Nvidia to expand partnership with Vietnam, support AI development – CEO
HANOI (Reuters) - U.S. chipmaker Nvidia's chief executive said on Monday the company will expand its partnership with Vietnam's top tech firms and support the Southeast Asian country in training talen...
Dec 11, 2023
Goldman Sachs sees Fed delivering its first rate cut in Q3 2024
(Reuters) - Goldman Sachs forecasts the U.S. Federal Reserve delivering the first rate cut in the third quarter of next year, earlier than its previous forecast of the fourth quarter, citing better in...
Dec 11, 2023
Argentina markets want fiscal ‘kick’ to economy as Milei shock plan readied
By Walter Bianchi BUENOS AIRES (Reuters) - Argentine voters may have cause to worry about new President Javier Milei's pledge for painful economic shock therapy, but markets are keen, hoping the liber...
Dec 11, 2023
Taiwan central bank seen standing pat this week and all of 2024- Reuters poll
TAIPEI (Reuters) - Taiwan's central bank is expected to leave its policy rate unchanged this week as inflation gradually cools and indeed keep it steady for all of next year, according to economists i...
Dec 10, 2023
