Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Wirecard lawsuit against EY claims 1.5 billion euros in damages
FRANKFURT (Reuters) - Accountancy firm EY is facing a new lawsuit claiming 1.5 billion euros ($1.66 billion) in damages over its role in auditing Wirecard's books before the German payments company co...
Dec 29, 2023
US equity funds see big inflows as rate cut bets rise
(Reuters) - U.S. equity funds attracted massive inflows in the week up to Dec. 27, bolstered by expectations of early rate cuts by the Federal Reserve as data showed that inflation cooled further in N...
Dec 29, 2023
Global equity funds draw robust inflows on rate cut hopes
(Reuters) - Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations that the Federal Reserve woul...
Dec 29, 2023
Fisker delivers 4,700 electric cars in 2023, shares jump
(Reuters) - Fisker said on Friday its electric vehicle deliveries jumped more than four-fold during the final quarter, helping it hand over about 4,700 vehicles for the year. The rise in quarterly sal...
Dec 29, 2023
India’s November infrastructure output up 7.8 % y/y -government
(Corrects month to November in paragraph 4) NEW DELHI (Reuters) -India's infrastructure output in November rose 7.8% year on year, with growth in almost all sectors, government data showed on Friday. ...
Dec 29, 2023
EV startup Faraday Future’s sinking share price prompts Nasdaq notice
(Reuters) - Faraday Future Intelligent Electric got a notice from the Nasdaq exchange on Thursday over its failure to comply with listing rules that require a minimum closing share price of $1, the el...
Dec 29, 2023
UnitedHealth agrees to sell operations in Brazil, to record $7 billion charge
(Reuters) - UnitedHealth Group said on Friday it had agreed to sell its operations in Brazil to a private investor and will record a charge of about $7 billion related to the sale. Last week, Reuters ...
Dec 29, 2023
Russia’s Avtovaz to increase car production to 500,000 in 2024
MOSCOW (Reuters) - Russia's state-run carmaker Avtovaz said on Thursday it plans to increase production of its Lada-brand cars to 500,000 next year after targets for 2023 were hit by U.S. sanctions. I...
Dec 29, 2023
Special Report-U.S. wants to contain China’s chip industry. This startup shows it won’t be easy
By John Shiffman and Joshua Schneyer WASHINGTON (Reuters) - WASHINGTON-Last year, a veteran Silicon Valley software executive took the helm of a startup in his native China, company records show. The ...
Dec 29, 2023
Futures inch up, firm rate cut bets drive strong gains in 2023
(Reuters) - U.S. stock index futures edged up in light trading on the final day of a turbulent 2023, with the benchmark S&P 500 and the Dow hovering around record-highs on growing expectations the Fed...
Dec 29, 2023
