Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Ford’s US vehicle sales slip 0.5% in November
(Reuters) -Ford Motor posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker worked to restart some of its key plants following a lengthy workers' strike that impacted v...
Dec 04, 2023
German budget crisis ‘stings’ already weak economy -ZEW president
By Christoph Steitz and Tilman Blasshofer FRANKFURT (Reuters) - Germany's budget crisis has dealt another blow to an already battered economy, the president of the ZEW economic research institute said...
Dec 04, 2023
More US home buyers willing to purchase despite high rates -BofA study
By Nupur Anand NEW YORK (Reuters) -U.S. home buyers are becoming more willing to purchase properties even as interest rates stay high, according to a study by Bank of America published on Monday. Abou...
Dec 04, 2023
Goldman: Hedge and mutual funds favour banking and healthcare over tech
By Naomi Rovnick and Nell Mackenzie LONDON (Reuters) - Leading hedge funds and mutual funds are betting on gains outside the tech sector in coming months, Goldman Sachs research shows. The ten stocks ...
Dec 04, 2023
Global banks face negative outlook, property stress in 2024 – Moody’s
LONDON (Reuters) - Sluggish global growth, a higher risk of borrowers defaulting on loans and pressure on profitability mean that banks face a negative outlook in 2024, credit rating agency Moody's sa...
Dec 04, 2023
Continental to make automotive display division independent
BERLIN (Reuters) - Continental will make its user experience unit, which makes instrument panels and displays for vehicles, independent, opening up the option of a potential sell-off or change of owne...
Dec 04, 2023
Verizon announces Netflix, Max streaming bundle for customers
(Reuters) - Verizon Communications said on Monday it would offer streaming subscriptions to Netflix and Warner Bros Discovery-owned Max platforms as a bundle to its customers. Verizon "myPlan" subscri...
Dec 04, 2023
Crypto stocks surge as bitcoin hits fresh 2023 high
(Reuters) - Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. The world's bi...
Dec 04, 2023
Hawaiian Airlines’ parent surges on $1.9 billion buyout deal with Alaska Air
(Reuters) - Shares of Hawaiian Holdings, the parent of Hawaiian Airlines, nearly tripled in premarket trade on Monday after Alaska Air Group agreed to acquire it for $1.9 billion, including debt. Hawa...
Dec 04, 2023
Eli Lilly extends tender offer to buy Point Biopharma to Dec. 15
(Reuters) - Eli Lilly, on Monday, gave Point Biopharma Global shareholders more time to sell their stock to the drugmaker amid low participation since the offer price was below the current stock price...
Dec 04, 2023
