Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Norway sovereign wealth fund to co-lead class action in SVB bankruptcy
OSLO (Reuters) - Norway's $1.5 trillion sovereign wealth fund, the world's largest, said on Friday it has been appointed by a U.S. court to co-lead an ongoing U.S. securities class action relating to ...
Dec 01, 2023
Once-gloomy US retailers now signaling more holiday cheer after solid start to season
By Deborah Mary Sophia and Aishwarya Venugopal (Reuters) -Retailers like Amazon.com and Foot Locker are signaling optimism for holiday season sales after stronger-than-expected figures during Black Fr...
Dec 01, 2023
GM believes many of its EVs will qualify for tax credits in 2024
WASHINGTON (Reuters) - General Motors said Friday that it expects many of its electric vehicles to qualify for U.S. tax credits next year after new stricter rules limiting Chinese battery content take...
Dec 01, 2023
Fed to move 'carefully' on interest rates as 'soft landing' takes shape, Powell says
By Howard Schneider ATLANTA (Reuters) -The risks of the Federal Reserve moving too far with interest rate hikes, and slowing the economy more than necessary, have become "more balanced" with those of ...
Dec 01, 2023
Fed’s Goolsbee says inflation is on track to central bank’s 2% goal
(Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Friday he believes inflation is "on track" to reaching the U.S. central bank's 2% target, driven in coming months by what he expec...
Dec 01, 2023
US construction spending rises in October
WASHINGTON(Reuters) - U.S. construction spending increased more than expected in October amid strong gains in single-family homebuilding, but data for the prior month was revised lower. The Commerce D...
Dec 01, 2023
US manufacturing stays depressed in November-ISM
WASHINGTON(Reuters) - U.S. manufacturing remained subdued in November, according to a survey on Friday that also showed factory employment declining. The Institute for Supply Management (ISM) said tha...
Dec 01, 2023
Canadian factory downturn deepens as new orders hit 15-month low
By Fergal Smith TORONTO (Reuters) - Canada's manufacturing sector contracted for a seventh straight month in November as global industrial weakness weighed on output and new orders, and despite an inc...
Dec 01, 2023
Tesla falls on long wait for Cybertruck payoff, hefty price tag
By Samrhitha A and Chavi Mehta (Reuters) -Tesla shares fell about 2% on Friday after the highly anticipated launch of its Cybertruck left analysts concerned about the electric vehicle's steep price ta...
Dec 01, 2023
Factbox-Benko’s complex web at Signa – from Chrysler building to Berlin landmark
(Reuters) - Signa Holding's insolvency on Wednesday has cast a spotlight on the complex structure of the debt-ridden Austrian property empire, whose holdings span from New York's Chrysler building to ...
Dec 01, 2023
