Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
European shares climb as Novo Nordisk boosts healthcare
(Reuters) - European shares rose on Monday, aided by healthcare, with investors awaiting a slew of data throughout the week for clarity on the economic outlook as major central banks talk up restricti...
Nov 13, 2023
Morgan Stanley sees S&P 500 ending 2024 at 4,500
(Reuters) - Morgan Stanley said on Monday it expects the S&P 500 to end 2024 at 4,500, and predicted earnings recovery through the year. The target represents a 2% upside from current levels. The inde...
Nov 13, 2023
Lloyd’s of London SPAC venture scrapped due to volatile markets
By Huw Jones LONDON (Reuters) - Financials Acquisition Corp said on Monday it would enter liquidation as it scraps a planned merger with its newly formed insurance venture, citing "insufficient" cash ...
Nov 13, 2023
Citadel Securities explores China licence as Beijing steps up market-making program
By Selena Li and Summer Zhen HONG KONG (Reuters) - Citadel Securities, one of the world's biggest market-making firms, is "actively exploring" establishing a licensed onshore business in China, its ch...
Nov 13, 2023
Israel weapons makers leave stands empty at Dubai Airshow
DUBAI (Reuters) - Exhibition stands for Israeli weapons makers Israel Aerospace Industries (IAI) and Rafael Advanced Defense Systems were empty at the start of the opening day of the week-long Dubai A...
Nov 13, 2023
German manufacturers almost back to pre-crisis supply situation – Ifo
BERLIN (Reuters) - Material shortages in Germany's manufacturing sector have eased significantly, with the supply situation almost back to pre-crisis level, the Ifo economic institute said on Monday. ...
Nov 13, 2023
BAE on track as orders flow amid heightened geopolitical risk
LONDON (Reuters) -BAE Systems maintained its guidance for annual earnings to rise as much as 12% as orders for military kit continued to flow at a time of heightened geopolitical risk, benefiting Brit...
Nov 13, 2023
APEC’s growth to slow as persistent inflation, US-China tensions weigh-report
By David Lawder SAN FRANCISCO (Reuters) - Economic growth among Asia Pacific Economic Cooperation countries is expected to decline next year and remain below the global average as higher interest rate...
Nov 13, 2023
Greek state bank bailout fund sells 9% of Alpha bank to Unicredit
ATHENS (Reuters) - Greece's state-controlled bank bailout fund HFSF said on Monday it sold its 9% stake in Alpha Bank to UniCredit after an improved bid by the Italian bank. UniCredit announced last m...
Nov 13, 2023
Japan’s Ajinomoto to buy US-based Forge Biologics for $546 million
TOKYO (Reuters) -Japan's Ajinomoto said on Monday it agreed to acquire U.S.-based genetic medicines maker Forge Biologics Holdings for 82.8 billion yen ($546 million). The transaction is expected to b...
Nov 13, 2023
