Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China’s Li Auto expects to launch first fully electric EV in March
(Reuters) - China's Li Auto Inc said on Sunday it expects to launch and begin deliveries of its first fully electric car in March. Li Auto has already started taking pre-orders in China for its MEGA m...
Dec 31, 2023
Xi says China to consolidate and enhance economic recovery in 2024
BEIJING (Reuters) - President Xi Jinping said on Sunday that China will consolidate and enhance the positive trend of its economic recovery in 2024, and sustain long-term economic development with dee...
Dec 31, 2023
Struggling Caracas restaurants, bars offer tour to boost sales
By Efrain Otero CARACAS (Reuters) -Several bars and restaurants in Venezuela's capital Caracas are offering an eight-hour tour where customers visit each establishment in a bid to boost low sales at a...
Dec 31, 2023
China’s Dec factory activity contracted more than expected
BEIJING (Reuters) - China's manufacturing activity contracted for the third consecutive month in December, an official factory survey showed on Sunday, as factories struggled with weak demand, cloudin...
Dec 30, 2023
Analysis-How China talked markets out of a run on the yuan
SINGAPORE (Reuters) - In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. The strategy of moral suasion marks a sharp...
Dec 30, 2023
OpenAI annualized revenue tops $1.6 billion- The Information
(Reuters) - OpenAI's annualized revenue recently topped $1.6 billion on strong growth from its ChatGPT product, up from $1.3 billion as of mid-October, the Information reported on Saturday citing peop...
Dec 30, 2023
China’s central bank agrees Ant Group’s Alipay has no controller
BEIJING (Reuters) - China's central bank has agreed that popular payment app Alipay has no controller following a sweeping business overhaul of Jack Ma's Ant Group, the fintech giant that owns the app...
Dec 30, 2023
Swiss financial watchdog wants to examine clawing back bankers’ bonuses
ZURICH (Reuters) - Switzerland's financial regulator wants to discuss the ability to claw back bonuses from bankers as part of stronger powers following the fall of Credit Suisse and sale to UBS. "The...
Dec 30, 2023
McDonald’s Malaysia sues Israel boycott movement for $1 million in damages
KUALA LUMPUR (Reuters) - McDonald's Malaysia has sued a movement promoting boycotts against Israel for "false and defamatory statements" that it says hurt its business, seeking damages amounting to 6 ...
Dec 30, 2023
US judge allows FTC to temporarily block IQVIA acquisition of DeepIntent
By GursimranKaur Mehar and Mrinmay Dey (Reuters) -A U.S. court on Friday upheld a Federal Trade Commission (FTC) order to block IQVIA's acquisition of DeepIntent, a healthcare advertising firm, as it ...
Dec 29, 2023
