Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Colombia court strikes down ban on deducting royalties from tax income
BOGOTA (Reuters) - Colombia's Constitutional Court has struck down part of a law that prohibited extractive companies from deducting royalties paid to the government from their taxable income, benefit...
Nov 17, 2023
Brazil’s economy enters negative territory in Q3, shows central bank data
BRASILIA (Reuters) -The Brazilian economy ended the third quarter in negative territory, central bank data showed on Friday, reversing a performance that had been surprisingly positive due to a boomin...
Nov 17, 2023
Fisker delivers over 100 cars in a day with new distribution strategy
(Reuters) - Fisker said on Friday that its new distribution strategy would help improve delivery speed and volume, which the electric vehicle company noted was a bottleneck that curbed production. Ear...
Nov 17, 2023
Gap shares soar on Old Navy brand renewal, controlled inventory
(Reuters) - Shares of Gap surged 20% in premarket trading on Friday as investors cheered signs that the apparel maker's efforts to bring in trendier and in-demand clothing at its Old Navy brand and ke...
Nov 17, 2023
Lilly extends tender offer to acquire Point Biopharma to Dec 1
(Reuters) - Eli Lilly said on Friday it was extending the deadline for its tender offer for Point Biopharma shares to Dec. 1, from Nov. 16 previously. In October, Lilly agreed to acquire the company i...
Nov 17, 2023
Tenet Healthcare to sell 3 South Carolina hospitals for about $2.4 billion
(Reuters) -Tenet Healthcare said on Friday said it would sell three of its hospitals and related operations in South Carolina for about $2.4 billion in cash to Novant Health to reduce its debt. The sa...
Nov 17, 2023
Manchester United nears $33 per share stake deal with Ratcliffe – Sky News
(Reuters) - Manchester United's American owners, the Glazer family, are set to finalise a $33 per share deal with Jim Ratcliffe that will see the British billionaire acquire a 25% stake in the English...
Nov 17, 2023
Union pressure on Tesla grows in Sweden as dockworkers expand strike
STOCKHOLM (Reuters) - Dockworkers in Sweden expanded their protest action against Tesla on Friday and are now preventing the U.S. firm's cars from being unloaded at all ports in sympathy with Tesla wo...
Nov 17, 2023
Blackstone, Macquarie deny ASPI sale report, pledge commitment
MILAN (Reuters) - Blackstone and Macquarie on Friday dismissed as "completely false" an Italian newspaper report about possible ownership changes at Autostrade per l'Italia (ASPI), pledging their comm...
Nov 17, 2023
Marketmind: Treasury yields dive as oil craters, economy softens
A look at the day ahead in U.S. and global markets from Mike Dolan A cratering of oil prices and more signs of a cooling economy have seen Treasury yields plumb their lowest in two months, underpinnin...
Nov 17, 2023
