Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Philippine central bank stays on hold, maintains hawkish tone
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) - The Philippine central bank kept its policy rate steady at 6.5% on Thursday, as expected, warning that its fight with inflation was not ove...
Nov 16, 2023
European shares edge lower after recent gains; HelloFresh tanks
(Reuters) - Europe's benchmark index slipped on Thursday, after a three-day run, as optimism around a peak in policy tightening and eventual rate cuts stemming from softening inflation across major ec...
Nov 16, 2023
Investec half-year profit jumps 15%
JOHANNESBURG (Reuters) - South African lender Investec on Thursday reported half-year profit up 15.3%, led by increased loan volumes, corporate deposits and funds under management. The bank, which als...
Nov 16, 2023
Carlyle cuts Asia fundraising target to $6 billion in challenging market-sources
By Kane Wu and M. Sriram HONG KONG/MUMBAI (Reuters) - U.S investment giant Carlyle Group has lowered the target for its latest pan-Asia private equity fund by at least 30% from its original $8.5 billi...
Nov 16, 2023
Analysis-Western investors spooked as Moscow mulls compulsory share purchase plan
By Sinead Cruise, Elena Fabrichnaya and Alexander Marrow LONDON/MOSCOW (Reuters) - Western investors in Russian companies are bracing for a new presidential decree under consideration in Moscow which ...
Nov 16, 2023
Spotify to use Google’s AI to tailor podcasts, audiobooks recommendations
By Supantha Mukherjee STOCKHOLM (Reuters) - Spotify, on Thursday, expanded its partnership with Google Cloud to use large language models (LLMs) to help identify a user's listening patterns across pod...
Nov 16, 2023
Japanese equities draw huge foreign inflows amid easing Fed rate hike fears
(Reuters) - Foreign investors were major buyers of Japanese equities last week, buoyed by robust corporate earnings and a broader global market rally amid expectations that the U.S. Federal Reserve ma...
Nov 16, 2023
Airbus nears compromise deal after Emirates jet order row
By Tim Hepher, Alexander Cornwell and Pesha Magid DUBAI (Reuters) -Airbus and Emirates edged towards a consolation deal for fewer than 20 A350-900 jets on Thursday after a public row between the carri...
Nov 16, 2023
GKN Aerospace-owner Melrose lifts 2023 profit expectations
(Reuters) - British aerospace supplier Melrose said on Thursday it expected 2023 profit to be 7% higher than its previous expectations, partly driven by stronger aftermarket demand and improved pricin...
Nov 16, 2023
Mars to buy Britain’s Hotel Chocolat for $662m
LONDON (Reuters) - British specialist chocolatier Hotel Chocolat agreed to a 534 million pound ($662 million) takeover offer from Mars Inc on Thursday, after the pair agreed the food giant was well-po...
Nov 16, 2023
