Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Exclusive-Barclays working on $1.25 billion cost plan, could cut up to 2,000 jobs -source
By Sinead Cruise and Lawrence White LONDON (Reuters) - Barclays is working on plans to save as much as 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in th...
Nov 23, 2023
Exclusive-Argentina grains trade ‘paralyzed’ as farmers eye FX adjustment, bean shortage
By Maximilian Heath BUENOS AIRES (Reuters) - Argentina's grains trade is largely "paralyzed" by a lack of soybeans due to drought and farmers holding onto produce, anticipating a devaluation of the pe...
Nov 23, 2023
NZ Funds says uranium bet returns over 300% profit
By Nell Mackenzie LONDON (Reuters) - Asset manager NZ funds has made a 300% return on its bet that the price of uranium would benefit from supply shortages arising from growing geopolitical tensions b...
Nov 23, 2023
Argentina set to hike interest rate after Milei election win, bank sources say
By Jorge Otaola BUENOS AIRES (Reuters) - Argentina's central bank is expected to adjust its benchmark interest rate that is currently at 133%, two bank sources told Reuters on Thursday, looking to pro...
Nov 23, 2023
Stellantis to revise up revenue target for ‘circular economy’ unit
TURIN, Italy (Reuters) - Stellantis' revenue target for its recycling and reconditioning unit will be raised after growing 25% so far this year, the group's Chief Executive Carlos Tavares said on Thur...
Nov 23, 2023
Israel’s economic growth to slow to 2% in 2023 due to war -finance ministry
By Steven Scheer JERUSALEM (Reuters) -Israel's economy is expected to grow 2% in 2023, down from a prior estimate of 2.7%, the Finance Ministry said on Thursday citing the effects of Israel's war with...
Nov 23, 2023
Argentina hikes taxes on dollar savings and bank card purchases ahead of Milei taking power
(Reuters) - Argentina on Thursday raised taxes on U.S. dollar purchases destined for savings or made with bank cards to protect the central bank's limited reserves, weeks before President-elect Javier...
Nov 23, 2023
Exclusive-Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny
MOSCOW/LONDON (Reuters) - Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russ...
Nov 23, 2023
Analysis-Britain’s Black Friday shoppers go second-hand in hunt for value
By Richa Naidu and Helen Reid LONDON (Reuters) - As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for...
Nov 23, 2023
Uruguay wants to speed up trade talks with China, Mercosur, puts pressure on Paraguay
By Joe Cash BEIJING (Reuters) - Uruguayan President Luis Lacalle Pou said he wanted to "accelerate" negotiations over a free trade agreement between Uruguay, China and the Mercosur trade bloc while me...
Nov 23, 2023
