Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Austria’s Signa to launch self-administrated insolvency proceedings
VIENNA (Reuters) - The management of Signa Holding GmbH will apply to launch self-administrated insolvency proceedings with a Vienna court on Wednesday, the Austrian property group said in a statement...
Nov 29, 2023
Pension withdrawals by residents leaving Hong Kong in Q3 up 1.7% on year
HONG KONG (Reuters) - Residents leaving Hong Kong for good withdrew a total of HK$2.213 billion ($283.72 million) from their Mandatory Provident Fund (MPF) pension accounts in the third quarter of 202...
Nov 29, 2023
German GDP to expand in 2024, but court ruling could lower growth – OECD
BERLIN (Reuters) - The German economy is projected to grow by 0.6% in 2024 and 1.2% in 2025, after contracting slightly in 2023, according to forecasts from the Organisation for Economic Cooperation a...
Nov 29, 2023
OECD says UK needs tougher fiscal policy amid tax cut talk
By Suban Abdulla LONDON (Reuters) - Britain's government should tighten its budgetary belt, the OECD said on Wednesday, advice that is unlikely to be welcomed by Prime Minister Rishi Sunak who is expe...
Nov 29, 2023
Global growth to slow but avoid a hard landing – OECD
By Leigh Thomas PARIS (Reuters) - The global economy will slow slightly next year but the risk of a hard landing has subsided despite high levels of debt and uncertainty over interest rates, the Organ...
Nov 29, 2023
Sibanye to cut nearly 300 jobs at US ops after palladium price fall
(Reuters) - Diversified miner Sibanye Stillwater said on Wednesday it would cut 287 jobs at its U.S platinum group metals (PGM) operations to reduce costs as metal prices decline, adding the move woul...
Nov 29, 2023
China new home prices now seen climbing this year after policy steps: Reuters Poll
By Liangping Gao and Ryan Woo BEIJING (Reuters) - Prices of new homes in China are now expected to climb 3% this year after a slew of policy measures to support the country's beleaguered property mark...
Nov 29, 2023
J.P.Morgan sees “challenging” backdrop for stocks in first half of 2024
(Reuters) - J.P.Morgan expects economic uncertainty clouding the outlook for risky assets in the first half of next year as investors look for clarity on the direction of monetary policy. "Equities wi...
Nov 29, 2023
ECB should not set policy based on profit concerns: de Guindos
FRANKFURT (Reuters) - The European Central Bank should not set policy based on consideration about its own profitability or the profits earned by banks, ECB Vice President Luis de Guindos said in a ne...
Nov 29, 2023
New Zealand’s central bank defends Maori language use
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank chief defended its use of the Maori language in official communications on Wednesday, as the country's new centre-right government loo...
Nov 29, 2023
