Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Juul Labs raises $1.3 billion in funding
(Reuters) -Juul Labs said on Monday it has raised about $1.3 billion in funding, months after the e-cigarette maker revealed plans to lay off about 250 people in a bid to reduce its operating costs. T...
Nov 13, 2023
Brazil food processor BRF widens net loss in Q3 on grain prices, chicken glut
By Ana Mano SAO PAULO (Reuters) -BRF SA, the Brazilian pork and poultry processor, widened its third-quarter loss from the year-ago period as it continued to deal with a chicken oversupply while also ...
Nov 13, 2023
Canada’s Sun Life beats profit estimates, boosted by asset management unit
By Nivedita Balu and Pritam Biswas (Reuters) -Canada's Sun Life Financial on Monday reported better-than-expected quarterly profits, helped by growth at its wealth and asset management unit and higher...
Nov 13, 2023
Azenta makes board changes, takes other steps; avoids proxy fight with activist
By Svea Herbst-Bayliss NEW YORK (Reuters) - Azenta on Monday announced strong earnings as well as changes to its board and said that activist investor Politan Capital Management, one of the biotechnol...
Nov 13, 2023
Argentina 2023 inflation seen at 185% -cenbank poll
BUENOS AIRES (Reuters) - Analysts polled by Argentina's central bank raised their estimate for annual inflation for this year to 185.0%, the bank said on Monday, up from last month's estimate of 180.7...
Nov 13, 2023
Marketmind: It’s raining – or draining? – yen
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The spotlight currently shining on Japan's yen, and speculation around whether ...
Nov 13, 2023
Fisker posts larger-than-expected quarterly loss, flags material weakness in financials
(Reuters) -Electric-vehicle startup Fisker reported a larger-than-expected loss for the third quarter on Monday and flagged weakness in the company's internal control over financial reporting. The com...
Nov 13, 2023
UAW president vows aggressive auto plant organizing -Senate testimony
WASHINGTON (Reuters) - United Auto Workers President Shawn Fain will tell a Senate Committee on Tuesday the union plans to aggressively organize non-union U.S. auto plants after winning new contracts ...
Nov 13, 2023
JBS’ Q3 profit plunges on low U.S. pork prices, beef margins and global chicken glut
By Ana Mano SAO PAULO (Reuters) - JBS SA, the world's biggest meatpacker, reported an 86% drop in third-quarter net income compared to a year ago on Monday, sliding to around 573 million reais ($116.6...
Nov 13, 2023
US rate cut not seen until Q4 2024 due to strong GDP growth -Goldman economists
By Lewis Krauskopf NEW YORK (Reuters) - The U.S. Federal Reserve will hold off cutting rates until the fourth-quarter of next year, according to Goldman Sachs economists who cited stronger-than-expect...
Nov 13, 2023
