Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Canada’s inflation rate eases more than expected in October on gas prices
OTTAWA (Reuters) -Canada's annual inflation rate eased more than expected to 3.1% in October, largely due to lower gasoline prices, and core inflation measures edged down to their lowest levels in abo...
Nov 21, 2023
Wyndham board deems Choice Hotels’ new offer “a step backwards”
(Reuters) - U.S. budget hotel operator Wyndham Hotels and Resorts said on Tuesday a new letter from Choice Hotels "represents a step backwards" and the terms outlined are not in the best interests of ...
Nov 21, 2023
Chipmaker Analog Devices’ forecasts held back by inventory corrections
(Reuters) - Chipmaker Analog Devices projected first-quarter revenue and profit below market estimates on Tuesday, as it grapples with the ongoing supply glut in the semiconductor industry. Shares of ...
Nov 21, 2023
Lithium refiner Stardust Power to go public via $490 million blank-check deal
(Reuters) - Stardust Power, a lithium refiner supplying the electric-vehicle industry, on Tuesday agreed to go public in the U.S. through a merger with a blank-check company in a deal valued at $490 m...
Nov 21, 2023
American Eagle raises annual revenue forecast on strong holiday-season demand
(Reuters) - American Eagle Outfitters on Tuesday raised its annual revenue forecast, in a sign that demand for its apparel and accessories remained steady ahead of the crucial holiday season. The comp...
Nov 21, 2023
S&P 500 to see small gain in 2024 as US economic risks rise: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) - The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks fo...
Nov 21, 2023
Broadcom plans to close $69 billion VMWare deal on Wednesday
(Reuters) -Broadcom said it planned to close its $69 billion acquisition of cloud computing firm VMWare on Wednesday, wrapping up one of the biggest takeover deals in the technology industry that was ...
Nov 21, 2023
Italy raises $1 billion from Monte dei Paschi’s 25% stake sale
By Giuseppe Fonte and Valentina Za MILAN (Reuters) -Italy attracted strong interest from funds when it sold 25% of Monte dei Paschi di Siena (MPS) for 920 million euros ($1 billion) on Monday, advanci...
Nov 21, 2023
Explainer-Why calls for oil embargo on Israel are unlikely to go anywhere
By Ahmad Ghaddar LONDON (Reuters) -Israel's military offensive in Gaza following an Oct. 7 attack by the enclave's ruling Islamist group Hamas has raised calls in the Middle East, particularly from OP...
Nov 21, 2023
Greek economy seen growing by 2.9% next year on strong investment
By Lefteris Papadimas ATHENS (Reuters) - Greece expects its economy to grow faster in 2024 on the back of strong projected tourist inflows, higher investment and domestic demand, the government's 2024...
Nov 21, 2023
