Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Germany’s Scholz vows to modernise economy, back Ukraine, despite budget woes
By Andreas Rinke and Rachel More BERLIN (Reuters) - Chancellor Olaf Scholz on Tuesday sought to reassure the German people and businesses that his government would modernise the economy and support vi...
Nov 28, 2023
Allianz and Dutch development bank back $1.1 billion sustainable loans fund
By Tommy Wilkes and Simon Jessop LONDON (Reuters) - Allianz Global Investors and Dutch development bank FMO have agreed one of the largest "blended finance" funds on record, raising $1.1 billion to in...
Nov 28, 2023
AI threatens wages, not jobs – so far, ECB paper finds
FRANKFURT (Reuters) - The rapid adoption of artificial intelligence could reduce wages, but so far is creating, not destroying jobs, especially for the young and highly-skilled, research published by ...
Nov 28, 2023
UBS chairman says Swiss financial regulator needs more teeth
ZURICH (Reuters) -UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked suffici...
Nov 28, 2023
EasyJet delivers robust full-year results, Israel war hurts outlook
By Joanna Plucinska LONDON (Reuters) -EasyJet on Tuesday reported 2023 earnings slightly ahead of analysts' expectations after a year of robust travel demand and forward bookings, but the British carr...
Nov 28, 2023
Nippon Life to buy Nichii Holdings for about $1.41 billion – Nikkei
TOKYO (Reuters) - Japan's Nippon Life Insurance will acquire Nichii Holdings for about 210 billion yen ($1.41 billion), the Nikkei reported on Tuesday. Nippon Life has agreed to buy all the outstandin...
Nov 28, 2023
Euro zone corporate lending contracts as economy shrinks: ECB data
FRANKFURT (Reuters) - Lending to euro zone firms dipped into negative territory for the first time since 2015, data from the European Central Bank showed on Tuesday, as the bloc was likely in recessio...
Nov 28, 2023
China food delivery firm Meituan’s Q3 revenue beats estimates
By Casey Hall SHANGHAI (Reuters) -China's Meituan posted a bigger-than-expected 22.1% rise in third-quarter revenue on Tuesday, as the country's largest food delivery firm continued its recovery from ...
Nov 28, 2023
European stocks slip as traders weigh ECB officials’ comments
(Reuters) - European shares slipped for a second session on Tuesday after strong November gains, as luxury stocks weighed and European Central Bank policymakers pushed back market expectations of inte...
Nov 28, 2023
AI legal framework needs to promote innovation, senior Google executive says
By Foo Yun Chee BRUSSELS (Reuters) - Rules governing the use of artificial intelligence should support innovation, Google's chief legal officer Kent Walker said on Tuesday, echoing pleas by a wide swa...
Nov 28, 2023
