Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Spain’s 12-month inflation falls to 3.2% in November
(Reuters) - Spain's 12-month inflation rate fell to 3.2% in November, preliminary data from the National Statistics Institute (INE) showed on Wednesday. The 12-month inflation was lower than the 3.5% ...
Nov 29, 2023
BoE’s Bailey vows to do ‘what it takes’ to cut inflation to 2%
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday that the central bank "will do what it takes" to get inflation down to its 2% target, adding that he had not yet seen enough ...
Nov 29, 2023
Israel’s First International Bank Q3 profit dips, default provision jumps
By Steven Scheer JERUSALEM (Reuters) - First International Bank of Israel (FIBI) reported a dip in third-quarter net profit, hurt by a quadrupling of its provisions to protect against future loan defa...
Nov 29, 2023
Vanguard Australia eyes mergers to grow in domestic pension market
By Lewis Jackson SYDNEY (Reuters) - Vanguard Australia will look to buy or merge with domestic pension funds, in an effort to grow its retirement product as much as fifty-fold, Managing Director Danie...
Nov 29, 2023
Denso: Toyota group to sell Denso stake, as components maker looks to buy back shares
TOKYO (Reuters) - Toyota Motor and two affiliates will sell a total of 256,373,400 shares in auto components maker Denso in a sale worth 589.1 billion yen ($4 billion) at Wednesday's closing share pri...
Nov 29, 2023
Thai central bank holds key rate steady, trims growth outlook
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's central bank left its key interest rate unchanged on Wednesday as expected, ending a year-long tightening cycle amid a slowin...
Nov 29, 2023
Saudi’s Kingdom Holding buys $450 million stake in Citigroup from Alwaleed
By Hadeel Al Sayegh DUBAI (Reuters) - Saudi Arabian Prince Alwaleed Bin Talal's investment company Kingdom Holding said on Wednesday it raised its ownership in Citigroup to 2.2% after acquiring from t...
Nov 29, 2023
Analysis-After Munger’s death, Berkshire succession comes into focus
By Jonathan Stempel (Reuters) - The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight...
Nov 29, 2023
Prosus reports $2 billion in core earnings, up 118%
AMSTERDAM (Reuters) - Prosus NV, a large technology investor, said on Wednesday its core headline earnings increased 118% in the first half of 2024, citing improved profitability in its stable of inve...
Nov 29, 2023
In the Market: Regulators look to pry open the dark corners of Treasury markets
By Paritosh Bansal (Reuters) - In recent weeks top U.S. officials have raised concerns over a hedge fund trade that profits from tiny price differences in Treasuries, worried it could present a risk t...
Nov 29, 2023
