Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
E-commerce, nearshoring key drivers for Mexican startups as funding trickles back
By Kylie Madry MEXICO CITY (Reuters) - Executives from Mexico's start-up sector say it should receive a boost in coming months, particularly in e-commerce and logistics related to nearshoring, as infl...
Nov 13, 2023
Treasuries central clearing reduces basis trades risks, says Moody’s
NEW YORK (Reuters) - An expansion of central clearing in the U.S. Treasuries market would reduce liquidity risks associated with a popular hedge fund arbitrage trading strategy that could strain the b...
Nov 13, 2023
US retailers stuck with excess stock offer bargains as holiday season nears
By Ananya Mariam Rajesh and Savyata Mishra (Reuters) - As the holiday shopping season approaches, major U.S. retailers from Dollar General to Walmart and Macy's could be saddled with too much stock fo...
Nov 13, 2023
Home Depot, Lowe’s may signal more pain from muted consumer spending, housing demand
By Deborah Mary Sophia (Reuters) - Wall Street is bracing for another quarter of weak sales from U.S. home improvement chains Home Depot and Lowe's as demand remained under pressure from uneven consum...
Nov 13, 2023
Factbox-Russian companies’ scaled-down IPOs in 2023
(Reuters) - Gold miner Uzhuralzoloto (UGC) set the price range on Monday for its initial public offering (IPO) on the Moscow Exchange, the latest in a series of small capital raises by Russian compani...
Nov 13, 2023
Futures dip as focus shifts to economic data
(Reuters) - U.S. stock index futures edged lower on Monday as investors awaited economic data later this week that could shape expectations around how long the Federal Reserve will keep interest rates...
Nov 13, 2023
Google-parent Alphabet dissolves stake in trading app Robinhood
(Reuters) -Google-parent Alphabet said on Monday it had dissolved its stake in trading app operator Robinhood Markets. The disclosure comes months after Alphabet slashed its stake in the company by ne...
Nov 13, 2023
‘Can’t buy new jeans’: Argentina’s 100% inflation draws crowds to used clothes markets
By Miguel Lo Bianco and Claudia Martini BUENOS AIRES (Reuters) - Hard-up Argentines, tightening their purse strings with inflation at 140% and rising, are increasingly turning to second-hand clothing ...
Nov 13, 2023
Paraguay’s beef likely won’t boost tight US supplies, importers say
By Tom Polansek CHICAGO (Reuters) - Washington's decision to accept beef from Paraguay after 25 years will probably not change the overall volume of U.S. imports, even at a time of tight supplies and ...
Nov 13, 2023
Analysis-Panama court likely to revoke First Quantum copper mine contract
By Valentine Hilaire and Divya Rajagopal (Reuters) - Panama's top court is likely to rule against Canadian miner First Quantum when it decides on the fate of a key copper mine contract in the coming w...
Nov 13, 2023
