Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Amazon cuts jobs in games unit, part of broader restructuring
By Greg Bensinger (Reuters) -Amazon.com has cut around 180 jobs in its games division, at least the second round of cuts in under a week, as part of a broader restructuring, according to an email view...
Nov 13, 2023
Canada's First Quantum cuts ore processing at Panama mine as protests block port
(Reuters) -First Quantum Minerals has reduced ore processing at its sprawling copper mine in Panama as weeks-long protests against the project is blocking access to the port, the Canadian miner said o...
Nov 13, 2023
Boeing shares take off on report that China may lift 737 freeze, bumper Dubai orders
(Reuters) - Shares of Boeing rose on Monday after a report said China was considering ending its freeze on purchases of the planemaker's best-selling 737 MAX aircraft after more than four years. This,...
Nov 13, 2023
EU plan for new Russia sanctions to go to members this week - Borrell
BRUSSELS (Reuters) - European Union officials are finalising the "last details" of a proposed 12th package of sanctions on Russia that will include a diamond ban, EU foreign policy chief Josep Borrell...
Nov 13, 2023
Renault to launch new Slovenia-made electric city car – sources
By Gilles Guillaume PARIS (Reuters) - Renault will reveal the launch of an additional "affordable" city electric car during this week's capital markets day for its new EV unit Ampere, three sources fa...
Nov 13, 2023
Exclusive-Bain eyes Varsity Brands cash-out at $6 billion-plus valuation -sources
By Abigail Summerville (Reuters) - Bain Capital is exploring a sale or initial public offering (IPO) of Varsity Brands that could value the U.S. maker of sports uniforms and school yearbooks at more t...
Nov 13, 2023
Bank of Italy sticks to 0.7% 2023 GDP growth forecast despite expected weak Q4
ROME (Reuters) - Itay can still achieve economic growth of 0.7% this year despite an expected weak fourth quarter, the country's central bank said on Monday. Italy's economy stagnated in the third qua...
Nov 13, 2023
NY Fed finds softer inflation expectations in October
By Michael S. Derby NEW YORK (Reuters) - The expected path for inflation softened on balance in October amid rising expectations for future gasoline price increases and a largely stable outlook for em...
Nov 13, 2023
Israel regulator tells banks to be cautious over dividends during war uncertainty
By Steven Scheer JERUSALEM (Reuters) - Israel's banking regulator told commercial banks to be cautious when issuing dividends and conducting share buybacks, citing the need to remain conservative and ...
Nov 13, 2023
Exxon to start lithium production for EVs in the U.S. by 2027
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil on Monday said it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and...
Nov 13, 2023
