Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US FCC approves Dish, EchoStar merger deal, shares rise
By David Shepardson WASHINGTON (Reuters) - The Federal Communications Commission (FCC) said on Thursday it approved a merger between Dish Network and satellite operator EchoStar, reuniting billionaire...
Dec 07, 2023
AbbVie’s $8.7 billion bet on Cerevel is risky but smart, analysts say
By Bhanvi Satija and Khushi Mandowara (Reuters) - AbbVie's decision to buy Cerevel Therapeutics before key data on the drug developer's experimental schizophrenia treatment may have helped it avoid a ...
Dec 07, 2023
Binance withdraws Abu Dhabi licence bid as crypto giant weighs structure
By Elizabeth Howcroft and Hadeel Al Sayegh LONDON (Reuters) - Binance has withdrawn an application for an Abu Dhabi licence, the latest sign that the giant crypto exchange is reassessing its global st...
Dec 07, 2023
Self-driving industry at ‘critical juncture,’ needs USDOT support — letter
(Reuters) - A coalition of groups representing self-driving car companies and others on Thursday urged U.S. Transportation Secretary Pete Buttigieg to support autonomous vehicles and assert federal ju...
Dec 07, 2023
US, Mexico to cooperate on strengthening security screening of investments
By David Lawder MEXICO CITY (Reuters) -The U.S. Treasury on Thursday said it signed an agreement with Mexico's finance ministry to cooperate on strengthening screening of foreign investments to enhanc...
Dec 07, 2023
US wholesale inventories revised lower in October
WASHINGTON (Reuters) - U.S. wholesale inventories fell more than initially estimated in October, suggesting that inventory investment could be a drag on economic growth this quarter. The Commerce Depa...
Dec 07, 2023
Analysis-Yen bulls spy a ray of hope in BOJ policy hint
By Amanda Cooper LONDON (Reuters) -Investors in Japan's yen have jumped at what they see as the clearest sign yet from the country's monetary authorities that the end of ultra-low interest rates is fa...
Dec 07, 2023
Alphabet soars as Wall Street cheers arrival of AI model Gemini
By Aditya Soni (Reuters) - Alphabet surged 5% on Thursday as Wall Street cheered the launch of Gemini, saying the new artificial intelligence model could help narrow the gap in a race with Microsoft-b...
Dec 07, 2023
US SEC set to vote on major Treasury market clearing rule next week
By Michelle Price WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) is next week expected to vote to adopt a major rule forcing more trading of U.S. Treasuries through clearing ...
Dec 07, 2023
German budget crisis seen dragging into next year as coalition haggles
By Andreas Rinke and Maria Martinez BERLIN (Reuters) -The German government will not be able to finalise its 2024 budget before the end of the year, a senior ruling party official said on Thursday, as...
Dec 07, 2023
