Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Stellantis, CATL sign preliminary deal for LFP battery supply in Europe, consider JV
MILAN (Reuters) - Carmaker Stellantis and Chinese EV battery giant CATL said on Tuesday they signed a preliminary agreement for the supply of battery cells and modules for the automaker's electric veh...
Nov 21, 2023
Blackstone to close multi-strategy fund after assets drop nearly 90% – FT
(Reuters) - Blackstone plans to close a fund that exposes investors to a variety of hedge funds and trading strategies after assets fell almost 90% in four years, the Financial Times reported on Tuesd...
Nov 21, 2023
Marketmind: Risk rally rages on
A look at the day ahead in European and global markets from Ankur Banerjee Buoyed by a tech-fuelled rally on Wall Street, risk assets in Asia charged higher on rising expectations the Federal Reserve ...
Nov 21, 2023
OpenAI’s board approached Anthropic CEO about top job and merger – sources
By Jeffrey Dastin (Reuters) - OpenAI's board of directors approached rival Anthropic's CEO about replacing chief Sam Altman and potentially merging the two AI startups, according to two people briefed...
Nov 20, 2023
Indonesia posts smaller c/a deficit in Q3 as export demand picks up
By Stefanno Sulaiman JAKARTA (Reuters) -Indonesia's current account deficit narrowed in the third quarter as demand for exports recovered, the central bank said on Tuesday, with most economists expect...
Nov 20, 2023
Resources firm Fortescue’s shareholders vote against remuneration report
MELBOURNE (Reuters) -Australia's Fortescue said shareholders did not approve its annual remuneration report, partly due to special payments to executives last year, in a vote at an annual meeting on T...
Nov 20, 2023
Asian stocks hit 2-month high on Wall St rally, Fed view
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares climbed to fresh two-month highs on Tuesday, boosted by a rally on Wall Street while the dollar languished near its lowest in two-and-a-half months...
Nov 20, 2023
Bank Indonesia to maintain key rate at 6.00% until at least mid-2024: Reuters poll
By Susobhan Sarkar BENGALURU (Reuters) - Bank Indonesia (BI) will leave its key policy rate unchanged at 6.00% on Thursday and likely keep it at that level until at least mid-2024, according to a Reut...
Nov 20, 2023
Oil prices ease as demand concerns outweigh supply cuts prospect
By Yuka Obayashi TOKYO (Reuters) - Oil futures eased on Tuesday, reversing the previous day's rally, as concerns over weaker demand amid a slowing global economy outweighed the prospect of deepening s...
Nov 20, 2023
Bain Capital raises $7.1 billion in largest pan-Asia PE fund this year
By Kane Wu HONG KONG (Reuters) -Bain Capital has completed the final close of its fifth pan-Asia private equity fund at $7.1 billion, exceeding its target by 40%, the U.S. investment firm told Reuters...
Nov 20, 2023
