Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Analysts at China’s CICC told not to publish bearish views, wear luxury items -memo
HONG KONG (Reuters) - China International Capital Corp (CICC), the country's third-largest investment bank by market value, has told analysts not to publish bearish views on China's economy or its fin...
Nov 30, 2023
European shares rise on miners, energy boost ahead of key inflation readings
(Reuters) - European shares rose on Thursday, led by miners and energy stocks, as investors geared up for key inflation prints out of the United States and euro zone to back expectations global intere...
Nov 30, 2023
UBS sees shift in new billionaires away from entrepreneurs to inherited wealth
ZURICH (Reuters) - Billionaires increased in numbers and overall wealth last year, Swiss bank UBS said on Thursday, with the fortunes inherited by the newly-minted super-rich exceeding cash generated ...
Nov 30, 2023
Explainer-Possible Evergrande liquidation order and what happens next
By Clare Jim and Scott Murdoch HONG KONG (Reuters) - China Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation with a last-minute deb...
Nov 30, 2023
Exclusive-China Evergrande seeks to avoid liquidation with last-ditch debt plan-sources
By Clare Jim, Scott Murdoch and Xie Yu HONG KONG (Reuters) - China Evergrande Group, the world's most indebted property developer, is seeking to avert a potentially imminent liquidation with a last-mi...
Nov 30, 2023
French economy contracts in Q3, inflation eases further
PARIS (Reuters) -The French economy contracted by 0.1% in the third quarter of the year, revised data from the statistics office INSEE showed on Thursday, while November inflation eased more than expe...
Nov 30, 2023
Vista Outdoor rejects Colt CZ’s merger offer
(Reuters) - U.S. sporting and outdoor products group Vista Outdoor's board has rejected a cash-and-stock merger offer from Czech gunmaker Colt CZ Group, the company said. Vista's board said in a compa...
Nov 30, 2023
Public investors with $4.3 trln are down on China but in on net zero
By Libby George and Bansari Mayur Kamdar LONDON (Reuters) - Public pension and sovereign wealth funds managing $4.3 trillion in assets are pessimistic about investing in China, but keen to cut net emi...
Nov 30, 2023
Italy’s competition body stops Intesa moving clients to mobile bank
ROME (Reuters) -Italy's competition authority on Thursday said it had told the country's biggest bank Intesa Sanpaolo to halt the proposed transfer of 2.4 million customers to its new mobile-only serv...
Nov 30, 2023
JPMorgan buys a 10.6% stake in Spanish defence company Indra
(Reuters) - JPMorgan bought a 10.6% stake in Spanish defence systems maker Indra, the stock market regulator said on Thursday. Following the transaction, JPMorgan has become the second-largest shareho...
Nov 30, 2023
