Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed likely done raising interest rates; Waller flags possible cut
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Federal Reserve policymakers look increasingly likely to end this year with interest rates on hold and begin 2024 mulling the timing of their ...
Nov 28, 2023
EU committee backs law to relocate euro clearing from London to bloc
By Huw Jones LONDON (Reuters) - An influential committee of European Union lawmakers voted on Tuesday in favour of a draft law aimed at shifting clearing of euro-denominated derivatives from a post-Br...
Nov 28, 2023
Spain grants $3.5 billion in loans to boost European fighter jets
MADRID (Reuters) - The Spanish government has approved two loans totalling 3.15 billion euros ($3.46 billion) to a consortium developing fighter jets within the international Eurofighter programme, th...
Nov 28, 2023
Amazon announces new data center chip as Microsoft rivalry intensifies
(Reuters) - Amazon.com on Tuesday introduced its newest data center chip for its cloud computing service as competition with Microsoft to dominate the market for artificial intelligence heats up. At a...
Nov 28, 2023
US Thanksgiving weekend shoppers cross 200 million for the first time – report
(Reuters) - More than 200 million U.S. customers shopped over the five-day holiday weekend from Thanksgiving Day through Cyber Monday, according to data from the National Trade Federation (NRF), surpa...
Nov 28, 2023
Panama’s top court ruling on mine contract latest setback for First Quantum
(Reuters) - Canadian miner First Quantum Minerals' contract to operate its flagship Cobre Panama mine was unconstitutional, the country's Supreme Court said on Tuesday. The contested contract gave Fir...
Nov 28, 2023
Peru mining keeping country out of deeper recession, minister say
(Reuters) - Peru's economy minister on Tuesday said that the Andean country's mining sector was preventing the economy from sinking into a deeper repression, and said progress kick-starting projects w...
Nov 28, 2023
Fed’s Bowman says she still expects another interest rate hike
(Reuters) - The U.S. central bank will likely need to raise borrowing costs further in order to bring inflation back down to its 2% target over a reasonable period, Federal Reserve Governor Michelle B...
Nov 28, 2023
Explainer-What happens next after Panama’s top strikes down First Quantum contract?
By Valentine Hilaire and Divya Rajagopal (Reuters) - Panama's top court on Tuesday ruled that First Quantum Minerals Ltd's new contract unconstitutional after unprecedented protests against the mining...
Nov 28, 2023
Julius Baer shares slide another 5% on Signa worries
ZURICH (Reuters) - Wealth manager Julius Baer's shares slumped another 5% on Tuesday, bringing its total decline since the start of last week to more than 20%, on fears over its exposure to struggling...
Nov 28, 2023
