Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Infineon reports better-than-expected 2023 revenue on semiconductor demand
BERLIN (Reuters) -German chip manufacturer Infineon reported higher-than-expected revenue for its 2023 fiscal year on Wednesday as demand for semiconductors, particularly in the electromobility and re...
Nov 15, 2023
Italy’s Fincantieri ‘well on track’ to meet 2027 goals
(Reuters) - Italian shipbuilder Fincantieri said on Wednesday it is "well on track" to deliver the goals set out in its business plan for 2023-27, after reporting a 60% yearly increase in nine-month c...
Nov 15, 2023
China, South Korea to establish mechanism on practical economic cooperation
BEIJING (Reuters) - China and South Korea will establish a mechanism on practical economic cooperation, Chinese state media reported on Wednesday, following a meeting of economic planning officials fr...
Nov 15, 2023
Argentina’s presidential candidates face $12 billion energy subsidy conundrum
By Eliana Raszewski BUENOS AIRES (Reuters) - Argentina has a $12 billion energy conundrum: what to do about state subsidies that keep prices at a minimum for two-thirds of consumers, a popular measure...
Nov 15, 2023
Renault sets out targets for EV unit, says won’t sell it cheap
By Gilles Guillaume PARIS (Reuters) -French car maker Renault said on Wednesday its electric vehicles unit Ampere, which it plans to list on the market next year, forecast 10 billion euros ($10.8 bill...
Nov 15, 2023
German economy, auto sector face risks from exposure to China, fund manager says
By Christoph Steitz FRANKFURT (Reuters) - Germany's heavy economic exposure to China carries significant risks for Europe's top economy, the country's second-largest fund manager said, singling out th...
Nov 15, 2023
Analysis-Santa’s sleigh to be lighter as people buy fewer toys
By Richa Naidu and Aishwarya Venugopal LONDON (Reuters) - Santa Claus may not have as much to give this year because hard up shoppers in Europe and the United States are prioritizing food and househol...
Nov 15, 2023
Analysis-As Aussie magnates gatecrash lithium deals, bankers get creative
By Melanie Burton MELBOURNE (Reuters) - Australian mining moguls who have gatecrashed the country's recent international lithium deals have pushed bankers into trying fresh measures to fend off interl...
Nov 15, 2023
BofA Global Research no longer expects Fed rate hike in Dec
(Reuters) - BofA Global Research no longer expects the U.S. Federal Reserve to deliver another interest rate hike in December, following a softer-than-expected inflation reading for October. The broke...
Nov 15, 2023
Marketmind: UK inflation to test market’s upbeat mood
A look at the day ahead in European and global markets from Tom Westbrook Just one-tenth of a percentage point was enough to trigger big moves in global markets that were some of the sharpest we've se...
Nov 15, 2023
