Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
UBS moves to merge parent banks
ZURICH (Reuters) -UBS has formally begun the integration of Credit Suisse's parent bank, the Swiss bank said, marking a key next step in what is the first merger of two global systemically important b...
Dec 07, 2023
Tata Motors lobbies India not to lower EV import taxes as Tesla looms-sources
By Aditi Shah and Aditya Kalra NEW DELHI (Reuters) - Tata Motors is pressing Indian officials not to lower import taxes of 100% on electric vehicles and to protect domestic industry and its investors,...
Dec 07, 2023
GM hydrogen unit to supply fuel cells for Autocar’s heavy vehicles
By Nick Carey (Reuters) - General Motors' and Autocar Industries have agreed to jointly develop hydrogen-powered heavy vehicles powered by the No.1 U.S. automaker's fuel cell unit Hydrotec, the two co...
Dec 07, 2023
Renault to slash production costs for cars, expand in Turkey
PARIS (Reuters) -Renault said on Thursday it aims to cut the production costs of its cars by as much as 50% in the next four years including by increasing the use of digital and artificial intelligenc...
Dec 07, 2023
JetBlue narrows loss forecast on healthy travel demand, shares rise
(Reuters) - JetBlue Airways on Thursday narrowed its annual adjusted loss forecast, riding on strong demand for travel during the holiday period and sending its shares 7% higher in premarket trading. ...
Dec 07, 2023
U.S. layoffs jumped in November led by retail and tech, report shows
(Reuters) - U.S. employers increased their announced job cuts in November, led by the retail and technology sectors, in a further sign that the labor market is beginning to slacken, a report released ...
Dec 07, 2023
AXA explores $1.1 billion disposal of European protection businesses -sources
By Amy-Jo Crowley and Pablo Mayo Cerqueiro LONDON (Reuters) - AXA is considering selling some of its protection insurance businesses across Western Europe in a deal that could be worth up to 1 billion...
Dec 07, 2023
France, Germany agree on 90% of changes to EU fiscal rules -France
By Jan Strupczewski BRUSSELS (Reuters) - France and Germany agree on most of the proposed changes to European Union fiscal rules but differ on the treatment of investment spending when the deficit is ...
Dec 07, 2023
Putin: Russia becoming ‘new global growth centre’ as West ‘rests on laurels’
MOSCOW (Reuters) -President Vladimir Putin said on Thursday that economic isolation from the West was only helping Russia to become a new growth centre in a world entering a period of radical change, ...
Dec 07, 2023
McDonald’s tests CosMc’s stores as burger chain boosts beverages focus
(Reuters) - McDonald's is set to test a smaller-format concept store called "CosMc's", which will sell cold beverages including flavored iced teas and slushes, as the fast-food giant charts out an amb...
Dec 07, 2023
