Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Marketmind: Oil slide, Walmart stoke disinflation speculation
By Wayne Cole (Reuters) - A look at the day ahead in European and global markets from Wayne Cole. Asia has been in a contemplative mood so far on Friday after another week of wild swings in bonds, equ...
Nov 17, 2023
Germany’s budget committee interrupts 2024 budget deliberations – panel members
BERLIN (Reuters) - Germany's budget committee interrupted final deliberations on the 2024 draft budget early on Friday morning, according to the chief budget officers of the coalition government, afte...
Nov 17, 2023
Warren Buffett’s stamp of approval helps Japan’s Mitsubishi shed conglomerate stigma
By Anton Bridge and Miho Uranaka TOKYO (Reuters) - Warren Buffett's vote of confidence in Japanese trading houses is helping Mitsubishi Corp overcome long-held investor wariness about its complex glob...
Nov 17, 2023
Environmental groups urge funding halt for TotalEnergies’ Mozambique project
By Wendell Roelf CAPE TOWN (Reuters) - Banks and other financiers should withdraw their support of TotalEnergies' $20 billion liquefied natural gas (LNG) terminal in Mozambique, environmental lobby gr...
Nov 17, 2023
Analysis-Cheap yuan catapults China to second-biggest trade funding currency
By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) - Global companies are making a beeline for China's debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from ma...
Nov 17, 2023
Kenya could lose up to 7.25% of GDP to climate change, World Bank says
By Duncan Miriri NAIROBI (Reuters) - Kenya could lose up to 7.25% of economic output by 2050 if it does not take strong action to adapt to climate change and mitigate its effects, the World Bank said ...
Nov 16, 2023
Malaysia’s economy grows 3.3% in Q3, beats forecast
KUALA LUMPUR (Reuters) - Malaysia's economy grew 3.3% in the third quarter from a year earlier, above expectations and recovering from two-year lows in the previous quarter, as strong private consumpt...
Nov 16, 2023
Exclusive-India seeks to restart stalled Adani coal imports probe
By Arpan Chaturvedi and Aditya Kalra NEW DELHI (Reuters) - Indian investigators are seeking to restart a probe into Adani Group for alleged overvaluation of coal imports and have asked the Supreme Cou...
Nov 16, 2023
Marathon restarts Galveston Bay, Texas reformer – sources
HOUSTON (Reuters) - Marathon Petroleum restarted a rebuilt reformer at its 593,000-barrel-per-day (bpd) Galveston Bay Refinery in Texas City, Texas, on Thursday, people familiar with plant operations ...
Nov 16, 2023
Oil prices on track for fourth straight week of decline
By Sudarshan Varadhan SINGAPORE (Reuters) - Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four mont...
Nov 16, 2023
