Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Central banks ‘not out of the woods’ in inflation battle – BIS
By Marc Jones LONDON (Reuters) - Global central bank umbrella body, the BIS, eased its hardline stance on inflation on Monday, calling recent progress encouraging, but stressed that central banks were...
Dec 04, 2023
IBM shows new quantum computing chip, targeting 2033 for large systems
By Stephen Nellis (Reuters) - International Business Machines on Monday showed a new quantum computing chip and machine that it hopes will serve as the building blocks of much larger systems a decade ...
Dec 04, 2023
Exclusive-Panama may slash GDP growth view due to suspension of First Quantum mine
By Elida Moreno PANAMA CITY (Reuters) - Panama is eyeing a sharp cut to its forecast for 2024 economic growth after a court ruling prompted the government to order the closure of Canadian miner First ...
Dec 04, 2023
Bull market in view after S&P 500 hits fresh year-high
By Saqib Iqbal Ahmed NEW YORK (Reuters) - The bull is nearly loose. The S&P 500's feverish late-year rally has brought the index to its highest level of 2023, leaving it just 4.2% away from the all-ti...
Dec 04, 2023
CLS to decide whether to delay FX settlement cutoff in Q1
By Laura Matthews NEW YORK (Reuters) - CLS, the largest multi-currency settlement system for FX trades globally, will decide in the first quarter of 2024 if it can delay settlement instructions for cu...
Dec 04, 2023
Fed, with rates at a peak, now looks at a hold and an eventual pivot lower
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve officials appear on track to end the year with interest rate hikes as a thing of the past but with a coming challenge over when and how ...
Dec 04, 2023
Marketmind: Buoyant markets hold near year’s highs
A look at the day ahead in U.S. and global markets from Mike Dolan After closing at their highest level of the year on Friday, U.S. stocks mostly hogged those gains into the new week - with 'peak rate...
Dec 04, 2023
US Supreme Court set to review Purdue Pharma bankruptcy settlement
By John Kruzel and Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Monday is set to hear a challenge by President Joe Biden's administration to the legality of OxyContin maker Purdue Pha...
Dec 04, 2023
U.S. bank CEOs expected to protest regulation push before Congress
By Pete Schroeder WASHINGTON (Reuters) - The top bosses of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major banks are expected to warn lawmakers this week that capital hikes and other...
Dec 04, 2023
US DFC considers $500 million loan to Vietnamese EV maker VinFast
HANOI (Reuters) - The United States International Development Finance Corporation (DFC) has signed a letter of interest with electric vehicles maker VinFast to consider the Vietnamese company's applic...
Dec 04, 2023
