Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Yellen says she disagrees with Moody’s outlook on US debt
By Ann Saphir and David Lawder SAN FRANCISCO (Reuters) - U.S. Treasury Secretary Janet Yellen on Monday pushed back on Moody's decision last week to cut its outlook on U.S. debt, saying the U.S. econo...
Nov 13, 2023
Asia stocks rise ahead of US inflation data; yen stumbles
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve's policy outlook...
Nov 13, 2023
Philippine central bank likely to hold rates at 6.5% on Thurs, may hike again in Dec: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) - The Philippine central bank will keep its key interest rate unchanged at 6.50% on Thursday after an off-cycle 25 basis-point hike on Oct. 26, acco...
Nov 13, 2023
ECB to hold rates through mid-2024 despite stalling economy – Reuters poll
By Prerana Bhat BENGALURU (Reuters) - The European Central Bank will hold interest rates steady well into next year, with a majority of economists polled by Reuters sticking to forecasts the first cut...
Nov 13, 2023
Yen’s slide to multi-decade lows keeps markets on intervention alert
By Rae Wee SINGAPORE (Reuters) - The battered yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a floor as the Bank of Japan's (BOJ) ultra-easy monetary policy se...
Nov 13, 2023
Rivian to raise nearly $15 billion in debt for EV plant in Georgia
(Reuters) - Rivian Automotive plans to raise nearly $15 billion in debt to help build an electric vehicle manufacturing plant in Georgia, the EV maker said on Monday. The taxable bonds would be issued...
Nov 13, 2023
Workers United calls for walkouts at hundreds of Starbucks stores on Red Cup day
(Reuters) - The Workers United union said on Monday that thousands of employees at hundreds of Starbucks stores will walk out on the coffee chain's key Red Cup day promotional event this week, citing ...
Nov 13, 2023
Hair relaxer claims against L’Oreal, Revlon can proceed -U.S. judge
By Diana Novak Jones (Reuters) - A federal judge on Monday allowed the majority of claims to move forward in sprawling litigation that claims chemical hair relaxer products made by L'Oreal USA, Revlon...
Nov 13, 2023
Chinese graduates hold off career dreams, take temporary government jobs
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) - Having failed to find his dream job at a Chinese internet company upon graduation, Peter Liu settled for a role in a state library where...
Nov 13, 2023
Nvidia upgrades flagship chip to handle bigger AI systems
By Stephen Nellis (Reuters) - Nvidia on Monday added new features to its top-of-the-line chip for artificial intelligence, saying the new offering will start to roll out next year with Amazon.com, Alp...
Nov 13, 2023
