Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Walmart, Target earnings to offer clues on crucial holiday season
By Siddharth Cavale NEW YORK (Reuters) - With a mixed picture of consumer demand emerging over the past quarter, earnings results from Walmart and Target on Wednesday and Thursday respectively will sh...
Nov 13, 2023
US Commerce chief Raimondo to meet Chinese counterpart Wang during APEC
By David Lawder SAN FRANCISCO (Reuters) - The commerce chiefs of the United States and China will meet at the Asia Pacific Economic Cooperation (APEC) forum this week, one of a series of cabinet-level...
Nov 13, 2023
Australia’s CBA posts flat Q1 profit on higher competition in home loan market
(Reuters) -Commonwealth Bank of Australia's first-quarter cash earnings remained largely unchanged on Tuesday, but the lender's home loan balances declined as it focused on increasing its share of rev...
Nov 13, 2023
B. Riley shares plummet after taking losses on Franchise Group deal
By Chibuike Oguh NEW YORK (Reuters) - Shares of financial services firm B. Riley plummeted nearly 35% on Monday, extending losses for the fourth consecutive session, after it disclosed unrealized inve...
Nov 13, 2023
US budget gap narrows in October due to delayed tax payments
(Reuters) - The U.S. Treasury on Monday said the federal budget deficit in October shrank by nearly a quarter from a year earlier, as revenues climbed to a record for the month thanks to delayed tax p...
Nov 13, 2023
Improved profit margins 'bright spot' in US earnings season -Goldman strategists
By Lewis Krauskopf NEW YORK (Reuters) - Improving profit margins among U.S. companies are supporting a stronger-than-expected earnings season even as revenues top estimates at rates below the historic...
Nov 13, 2023
Google's expert in US antitrust trial defends billions paid to device makers
By Diane Bartz WASHINGTON (Reuters) - The multi-billion dollar payments that Alphabet's Google makes to Apple, wireless carriers and others are normal competitive behavior and not an abuse of monopoly...
Nov 13, 2023
Medtech ETF outflows top $500 million since August on Wegovy worries
By Bansari Mayur Kamdar and Amruta Khandekar (Reuters) - Investors are exiting exchange traded funds (ETFs) that track medical technology and device firms due to growing concerns over the impact new w...
Nov 13, 2023
Fidelity rolls out suite of new ETFs, slashes fees
By Suzanne McGee (Reuters) - Fidelity launched a group of six new exchange-traded funds (ETFs) Monday and announced sharp reductions on management fees on nearly a third of its total ETF lineup, kicki...
Nov 13, 2023
Nestle France in talks to sell Caudry plant to Italpizza
PARIS (Reuters) - Nestle France, the French arm of Swiss packaged-food giant Nestle, has entered exclusive talks to sell its plant in Caudry, northern France, to Italian group Italpizza. The deal coul...
Nov 13, 2023
