Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Dollar steady as traders weigh labour data, rate outlook
By Ankur Banerjee SINGAPORE (Reuters) - The dollar was near a two-week high against a basket of currencies on Wednesday as investors assessed U.S. economic data that showed a cooling labour market, wh...
Dec 05, 2023
US retail lobbyists retract key claim on ‘organized’ retail crime
By Katherine Masters NEW YORK (Reuters) - The main lobbying group for U.S. retailers retracted its claim that "organized retail crime" accounted for nearly half of all inventory losses in 2021 after f...
Dec 05, 2023
Most EM currencies to rebound in 2024, ‘carry trades’ still attractive: Reuters poll
By Vuyani Ndaba and Devayani Sathyan JOHANNESBURG/BENGALURU (Reuters) - Most emerging market currencies will recover 2023 losses and trade modestly higher against the dollar next year as bets on inter...
Dec 05, 2023
Yellen says economists ‘eating their words’ after predicting high US unemployment
By David Lawder MEXICO CITY (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday that economists who predicted that high U.S. unemployment would be needed to tame inflation are "eating thei...
Dec 05, 2023
Dollar’s dominant grip on FX markets to loosen further: Reuters poll
By Hari Kishan BENGALURU (Reuters) - The dollar will loosen its grip on other G10 currencies in 2024, with a dimmer outlook for the currency as the U.S. Federal Reserve was expected to start cutting i...
Dec 05, 2023
J&J says it has settled some talc claims, will continue bankruptcy strategy
By Brendan Pierson (Reuters) - Johnson & Johnson's worldwide vice president for litigation said on Tuesday that the company has recently reached settlements with several law firms over their clients' ...
Dec 05, 2023
Young Chinese spurn traditional investments in favour of gold
By Casey Hall and Amy Lv SHANGHAI/BEIJING (Reuters) - Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have le...
Dec 05, 2023
Washington Post journalists plan 24-hour strike amid prolonged contract talks
By Steve Gorman (Reuters) - Unionized journalists at The Washington Post said they would stage a 24-hour strike on Thursday to protest staff cuts and what they call management's failure to bargain in ...
Dec 05, 2023
Japan manufacturers’ mood jumps, second straight month of gains – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) - Sentiment at big Japanese manufacturers surged, improving for a second straight month as the auto sector continued to recover from last year's semiconductor shor...
Dec 05, 2023
Exclusive-New leader of GM’s Cruise acknowledges ‘all-time low’ amid safety review
By Greg Bensinger (Reuters) -General Motors' Cruise autonomous vehicle unit has hit an "all time low," said its new leader, while promising to restore trust with regulators and the public after the co...
Dec 05, 2023
