Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Zambia’s troubled debt restructuring efforts
LONDON (Reuters) - Zambia's debt restructuring has been a complex, three-year process, which suffered a serious setback on Monday when bilateral creditors, including China, effectively ordered it secu...
Syndicated Content Nov 21, 2023
Luminar CEO’s deal to buy Forbes called off – memo
By Dawn Chmielewski and Helen Coster (Reuters) -Forbes' parent company has called off its acquisition by Luminar Technologies CEO Austin Russell, as the billionaire could not come up with the financin...
Syndicated Content Nov 21, 2023
US high-grade corporate bond spreads to tighten in 2024 :JPM
By Matt Tracy (Reuters) - Spreads on U.S. corporate high-grade bonds are likely to tighten in 2024, according to JPMorgan. In a report published on Monday, JPMorgan forecast that returns on high-grade...
Syndicated Content Nov 21, 2023
Jeff Bezos expected to sell more Amazon shares worth $1 billion – CNBC
(Reuters) - Amazon.com founder Jeff Bezos is expected to offload more of his stake in the company on Tuesday after selling shares worth about $240 million last week, CNBC reported, citing a source. Be...
Syndicated Content Nov 21, 2023
‘Magnificent 7’ bets drive hedge fund crowding to record high -Goldman Sachs
By Bansari Mayur Kamdar and Nell Mackenzie LONDON (Reuters) - Hedge fund crowding has hit its highest on record, as asset managers have upped their bets on the "Magnificent 7" tech stocks that have ju...
Syndicated Content Nov 21, 2023
Walmart bets on parcel stations for quick deliveries to propel holiday sales
(Reuters) - Retail bellwether Walmart on Tuesday said it would be adding parcel stations to its online fulfillment centers as it looks to cash in on demand for quick deliveries heading into the holida...
Syndicated Content Nov 21, 2023
Blackstone and Permira to buy Adevinta for about $13 billion
(Reuters) - Permira and Blackstone on Tuesday said that they willacquire eBay-backed online classifieds group Adevinta ASA for about 141 billion Norwegian crowns ($13.06 billion). ($1 = 10.7960 Norweg...
Syndicated Content Nov 21, 2023
US telecom regulator wants to bar cable TV early termination fees
WASHINGTON (Reuters) - Federal Communications Commission Chair Jessica Rosenworcel on Tuesday proposed to bar cable and satellite TV providers from charging consumers early termination fees to exit co...
Syndicated Content Nov 21, 2023
Morgan Stanley’s Andy Saperstein diagnosed with cancer – memo
(Reuters) - Morgan Stanley co-President Andy Saperstein has been diagnosed with cancer, he wrote in an internal memo seen by Reuters on Tuesday. In the email to staff, Saperstein said the news have be...
Syndicated Content Nov 21, 2023
ECB’s Lagarde warns against premature inflation celebration
FRANKFURT (Reuters) - The European Central Bank has time now to assess how inflation unfolds after a record string of rate hikes but victory has not yet been won and bets based on short term data flow...
Syndicated Content Nov 21, 2023
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