Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Volkswagen becomes the latest automaker to hike wages for U.S. factory workers
(Reuters) - Volkswagen said on Wednesday that it would hike salaries for production workers at its Tennessee-based Chattanooga assembly plant by 11%, weeks after the United Auto Workers union won sign...
Nov 22, 2023
UK’s Hunt to cut National Insurance rate in boost for millions of workers
LONDON (Reuters) - British finance minister Jeremy Hunt on Wednesday said he would cut the amount of National Insurance social security contributions paid by 27 million workers in a move that will sav...
Nov 22, 2023
UK budget watchdog revises down medium-term growth potential
LONDON (Reuters) - Britain's Office for Budget Responsibility revised down its estimate of the country's medium-term potential growth rate to 1.6% from 1.8%, as an ageing population works shorter hour...
Nov 22, 2023
Crypto exchange Binance sees outflows of $956 million in last 24 hours – Nansen
(Reuters) - Investors pulled about $956 million from crypto exchange Binance over the past 24 hours, data firm Nansen reported on Wednesday, a day after its chief, Changpeng Zhao, stepped down and ple...
Nov 22, 2023
U.S. mortgage interest rates fall to two-month low – MBA
(Reuters) - The average interest rate on the most popular U.S. home loan fell last week to its lowest level in two months as Treasury market yields, which act as a benchmark for mortgage rates, contin...
Nov 22, 2023
US durable goods orders fall on weakness in transportation equipment sector
WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods fell more than expected in October as orders for motor vehicles and parts dropped amid strikes by the United Auto Workers (UAW) u...
Nov 22, 2023
Analysis-Britain’s growth bet on pension pots a long haul task
By Huw Jones and Carolyn Cohn LONDON (Reuters) - Britain's plans for nudging billions of pounds of pension cash into new UK companies to boost growth and increase stock market listings leave challenge...
Nov 22, 2023
US lawmakers ask SEC to scrutinize Musk comments on Neuralink
By Marisa Taylor (Reuters) - Four U.S. lawmakers have asked the Securities and Exchange Commission to investigate whether Elon Musk committed securities fraud by allegedly misleading investors about t...
Nov 22, 2023
Factbox-‘Boomerang’ CEOs of major companies
(Reuters) - Sam Altman reached an agreement with OpenAI to return as CEO on Wednesday, after a tumultuous few days following his ouster by the company's board. He joins a list of big name "boomerang" ...
Nov 22, 2023
Australia’s home prices hit record high -CoreLogic
SYDNEY (Reuters) - Australian home prices have defied a substantial jump in interest rates to hit a record high, data from property consultancy CoreLogic showed on Thursday, a sign that monetary polic...
Nov 22, 2023
