Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Bitcoin hits $40,000 level for the first time this year
(Reuters) - Bitcoin hit $40,085 on Sunday, its highest in almost a year and a half, fuelled by bets that U.S. regulators will soon approve stock-market traded bitcoin funds. Bitcoin was up 1.55% at 22...
Dec 03, 2023
U.S. stock rally could wobble if tensions spike after Red Sea attacks
By Krystal Hu and Ira Iosebashvili (Reuters) - An attack on an American warship and commercial vessels in the Red Sea on Sunday risks reigniting investor worries about a widening of the war between Is...
Dec 03, 2023
Marketmind: Dovish Fed view courses through markets
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets are poised to start the week on the front foot, emboldened by Wall Street's late rally on Friday and plunge in U.S...
Dec 03, 2023
Brookfield’s $10.6 billion bid for Origin Energy expected to fail on Monday
By Scott Murdoch SYDNEY (Reuters) - The outcome of a Brookfield consortium's $10.6 billion bid for Australia's Origin Energy will be officially known on Monday, with investors expected to vote down it...
Dec 03, 2023
Alaska Air to buy Hawaiian Airlines for $1.9 billion
(Reuters) - Alaska Air said on Sunday that it has entered an agreement to acquire Hawaiian Airlines for $1.9 billion, which includes $0.9 billion of Hawaiian Airlines net debt. Alaska Airlines will ac...
Dec 03, 2023
UBS to expand presence in U.S. market – Swiss paper
(Reuters) - Swiss bank UBS plans to expand its presence in the U.S. market as part of its strategy to hit $150 billion in net new money, or inflow of new funds, per year, an executive told Swiss newsp...
Dec 03, 2023
‘Way too early’ to declare victory over inflation, says ECB’s Nagel
NICOSIA (Reuters) - Euro zone inflation will carry on declining in the months ahead but at a slower pace, Bundesbank President Joachim Nagel was quoted as telling Cypriot newspaper Kathimerini on Sund...
Dec 03, 2023
Exclusive-Top development banks at COP28 vow to up climate game, quiet on fossil fuels – document
By Simon Jessop DUBAI (Reuters) - Ten of the world's top development banks pledged to step up their climate efforts at the COP28 summit, yet failed to say anything about halting financing for fossil f...
Dec 03, 2023
China has more space to cut reserve ratio instead of interest rates, says ex-official
BEIJING (Reuters) - China is likely to implement proactive fiscal policy next year as there is still a need for the world's second-biggest economy to realise stable growth, a former central banker was...
Dec 03, 2023
China regulator to speed reform of smaller financial institutions
BEIJING (Reuters) - A key Chinese financial regulator said on Sunday it would accelerate reform of small and midsize financial institutions as it steps up its oversight of the sector. The National Fin...
Dec 03, 2023
