Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
UAW workers at GM’s Flint assembly narrowly vote against new labor deal
(Reuters) - Workers belonging to the United Auto Workers (UAW) at General Motors' Flint assembly plant in Michigan have narrowly voted against a proposed contract with the automaker, the union's local...
Nov 10, 2023
Palladium’s slide accelerates on prospects for surplus next year
By Brijesh Patel and Ashitha Shivaprasad (Reuters) - Palladium prices have tumbled to five-year lows below $1,000 an ounce this week, hastening a retreat triggered by expectations of surpluses due to ...
Nov 10, 2023
Fed and banks can do more to reduce liquidity risk -Logan
(Reuters) - Dallas Federal Reserve Bank President Lorie Logan on Friday defended the U.S. central bank's "ample reserves" approach to monetary policy implementation, even as she outlined a number of w...
Nov 10, 2023
India’s September industrial output up 5.8% y/y
NEW DELHI (Reuters) - India's industrial output rose 5.8% year-on-year in September, data from the Ministry of Statistics showed on Friday. Analysts in a Reuters poll had forecast an expansion of 7%. ...
Nov 10, 2023
Cash funds continuing to attract inflows, set for record year – BofA
LONDON (Reuters) - Global investors continued to pour money into cash funds in the week to Wednesday, as higher yields on short-dated debt put cash funds course for record inflows this year, according...
Nov 10, 2023
Meta and Snap must detail child protection measures by Dec. 1, EU says
BRUSSELS (Reuters) - Facebook owner Meta Platforms and social media company Snap have been given a Dec. 1 deadline by the EU to give more information on how they protect children from illegal and harm...
Nov 10, 2023
Citigroup resumes retail banking sale in Poland – Bank Handlowy CEO
GDANSK (Reuters) - Citigroup has resumed the process of selling the retail business of Bank Handlowy in Poland, Bank Handlowy CEO Elzbieta Czetwertynska said on Friday, adding that talks with interest...
Nov 10, 2023
US bond funds rack up biggest weekly inflow in three months
(Reuters) - U.S. investors poured a massive sum into bond funds in the seven days leading to Nov. 8 on hopes of a turnaround in Treasury bond prices following the Federal Reserve's decision to keep in...
Nov 10, 2023
Italian economy likely to slow in next few months – stats bureau
ROME (Reuters) - The Italian economy is likely to slow further in the next few months after stagnating in the third quarter, national statistics bureau ISTAT said on Friday. In its monthly economic bu...
Nov 10, 2023
Investors pull away from GM’s Cruise bet
By Joseph White and David Shepardson DETROIT (Reuters) - General Motors' bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 is facing its toughest test. GM Chief Executive ...
Nov 10, 2023
