Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US bond investors brace for Fed rate cuts in 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bond investors are pricing in imminent Federal Reserve interest rate cuts by the first half of next year, as signs of slowing U.S. economic growth and ...
Nov 30, 2023
Celsius Network faces roadblocks in pivot to bitcoin mining
By Dietrich Knauth NEW YORK (Reuters) - Crypto lender Celsius Network may have to seek a new creditor vote on its proposed transformation into a bitcoin mining business, a U.S. bankruptcy judge said d...
Nov 30, 2023
BoC to cut rates starting in Q2 2024, house prices seen flat in 2024: Reuters poll
By Mumal Rathore BENGALURU (Reuters) - The Bank of Canada will start cutting interest rates in the second quarter of next year as inflation and the economy slow, according to economists polled by Reut...
Nov 30, 2023
ECB’s Nagel: inflation trends encouraging but rate cut talk too early
FRANKFURT (Reuters) - Euro zone inflation is going in the right direction but risks are skewed towards more negative outcomes, so a further rate hike cannot be taken off the table and cuts should not ...
Nov 30, 2023
Analysis-Market pushback on central banks’ rates view just got louder
By Yoruk Bahceli and Davide Barbuscia LONDON (Reuters) - A big disconnect between financial markets and central banks has just got deeper, with traders ramping up their bets on interest rate cuts in t...
Nov 30, 2023
GM sees EV cost cuts as it looks to profit from green vehicles -CFO
By David Shepardson WASHINGTON (Reuters) - General Motors said on Thursday it expects significant reductions in electric vehicle production costs in 2024 as it boosts output of higher-profit models. G...
Nov 30, 2023
GraniteShares plans to boost leverage levels on US single-stock ETFs
By Suzanne McGee (Reuters) - GraniteShares plans to increase the amount of leverage on most of its single-stock exchange-traded funds (ETFs) to 200%, allowing investors to make bigger bets on daily mo...
Nov 30, 2023
Peugeot Invest to update valuation of its stake in Signa end 2023
PARIS (Reuters) - Peugeot Invest, one of the main shareholders of carmaker Stellantis, said on Thursday it will update at the end of the year the valuation of its stake in Signa, the property and reta...
Nov 30, 2023
Brazil confirms OPEC+ invite, minister says eager to join
By Lisandra Paraguassu and Roberto Samora BRASILIA/SAO PAULO (Reuters) - Brazil hopes to join the OPEC+ group of oil-producing countries in January after a technical analysis of the charter for cooper...
Nov 30, 2023
Vilsack sees China’s purchases of US corn rising again, urges end to over-reliance on single markets
By Andrea Shalal and Leah Douglas WASHINGTON (Reuters) -U.S. Agriculture Secretary Tom Vilsack on Wednesday said China took advantage of lower prices for corn in Brazil, leading to a nearly 20% drop i...
Nov 30, 2023
