Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Asia shares at five-month highs as rate bets pile up
By Wayne Cole SYDNEY (Reuters) - Asian shares touched five-month highs on Thursday as market wagers on ever-more aggressive rate cuts extended a huge rally in U.S. stocks and bonds, but also left plen...
Dec 27, 2023
Oil prices rise amid fears over escalating tensions in Middle East
By Yuka Obayashi TOKYO (Reuters) - Oil prices rose in early Asian trade on Thursday as persistent fears over escalating tensions in the Middle East outweighed easing concerns about transport disruptio...
Dec 27, 2023
Bruised dollar wobbles as traders eye US rate cuts next year
By Ankur Banerjee SINGAPORE (Reuters) - The dollar nursed steep losses on Thursday and was headed for a yearly decline after two years of strong gains as expectations of interest rate cuts from the Fe...
Dec 27, 2023
Japan Nov factory output falls 0.9% month/month
TOKYO (Reuters) -Japan's factory output fell 0.9% in November from the previous month, compared with the median market forecast for a 1.6% drop, data showed on Thursday. Manufacturers surveyed by the ...
Dec 27, 2023
South Korea November factory output jumps thanks to robust chip production
By Cynthia Kim SEOUL (Reuters) - South Korea's November factory output posted the fastest gain since May 2022 on soaring chip production, official data showed on Thursday. The industrial output index ...
Dec 27, 2023
GM sues San Francisco, seeking $121 million in back taxes, penalties
By Greg Bensinger SAN FRANCISCO (Reuters) - General Motors has sued the city of San Francisco, seeking to recover more than $100 million, alleging that it was charged a higher tax bill than warranted ...
Dec 27, 2023
US FTC sues Grand Canyon University for deceptive advertising, illegal telemarketing
WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Wednesday it has filed a lawsuit against Grand Canyon University for deceptive advertising and illegal telemarketing. The FTC filed the...
Dec 27, 2023
US short-term financing rate spikes as dealers close books for 2023
By Davide Barbuscia NEW YORK (Reuters) - A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move some market participants attri...
Dec 27, 2023
Alibaba must face lawsuit in US over counterfeit Squishmallows
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Wednesday rejected Alibaba's bid to dismiss a lawsuit over the alleged sale by various merchants of counterfeit versions of the popular childre...
Dec 27, 2023
Gaston Glock, the man behind the gun, dies aged 94 – APA
By Kirsti Knolle Gaston Glock, the reclusive engineer and tycoon who developed one of the world's best-selling handguns, died on Wednesday aged 94, Austrian news agency APA said. The Austrian won loya...
Dec 27, 2023
