Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Goldman Sachs Japan president to retire after nearly four decades at U.S. bank -source
TOKYO (Reuters) - Masanori Mochida, president of Goldman Sachs' Japanese unit, will retire after more than three decades at the U.S. investment bank, a person familiar with the matter told Reuters on ...
Nov 17, 2023
BP seeks partnerships to navigate renewables storm
By Christoph Steitz and Ron Bousso BERLIN/LONDON (Reuters) - BP is seeking partners for offshore wind projects in Japan and may invest in hydrogen technology companies to tackle inflation and equipmen...
Nov 17, 2023
Volvo Cars shares drop to record low as Geely trims stake
OSLO (Reuters) -Shares of Swedish automaker Volvo Cars fell as much as 14% to a record low on Friday after its majority shareholder, China's Geely, sold a small part of its stake at a deep discount to...
Nov 17, 2023
Grab sets free cash flow target, posts first adjusted core profit
By Yuvraj Malik (Reuters) -Grab Holdings on Thursday reported its first ever adjusted core profit in the third quarter and predicted free cash flow next year, driven by strong demand for its food deli...
Nov 17, 2023
European shares gain on healthcare boost, euro zone inflation data eyed
(Reuters) - European shares climbed on Friday and were set for a weekly rise, led by healthcare stocks, while investors keenly awaited inflation data for further proof of easing price pressures across...
Nov 17, 2023
China asks some lenders to cap interbank financing costs – sources
SHANGHAI/BEIJING (Reuters) - China's central bank asked some lenders to cap interest rates on an interbank debt instrument this month, people with knowledge of the matter said on Friday, referring to ...
Nov 17, 2023
Alstom to exit Russia’s TMH by year-end -Ifax cites TMH boss
MOSCOW (Reuters) -France's Alstom is set to sell its 20% stake in Transmashholding (TMH) back to the Russian railcar manufacturer by the end of the year, the Interfax news agency cited TMH head Kirill...
Nov 17, 2023
Germany’s budget committee pauses 2024 budget deliberations -panel members
By Maria Martinez BERLIN (Reuters) - Germany's budget committee paused final deliberations on the 2024 draft budget early on Friday morning, according to the chief budget officers of the coalition gov...
Nov 17, 2023
China expected to keep key lending rates unchanged next week
SHANGHAI/SINGAPORE (Reuters) - China is widely expected to leave lending benchmark rates unchanged at a monthly fixing on Monday, after the central bank kept medium-term interbank rates steady and ami...
Nov 17, 2023
Leonardo sells 6.9% in its U.S. unit DRS at $17.75 per share
ROME (Reuters) - Italy's defence and aerospace conglomerate Leonardo said on Friday it had sold 6.9% of its U.S. subsidiary DRS at $17.75 per share. The state-controlled group sold 18 million shares i...
Nov 17, 2023
