Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Australia central bank sees risk of upside surprises to inflation in policy outlook
SYDNEY (Reuters) - Australia's central bank on Friday warned there were risks of further upside surprises to inflation following its latest hike in interest rates, while also raising forecasts for eco...
Nov 09, 2023
Explainer-What is China’s Singles Day, and how is it celebrated?
By Granth Vanaik (Reuters) - Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day. Originally a ...
Nov 09, 2023
Peru cuts interest rate again as prices ease but recession lingers
By Marco Aquino LIMA (Reuters) - Peru's central bank again lowered its benchmark interest rate by 25 basis points to 7.00% on Thursday, as the monetary authority in the Andean nation continues to ease...
Nov 09, 2023
Long before rescue talks, Country Garden struggled to build homes, pay bills
BEIJING/HONG KONG (Reuters) - When China's largest developer Country Garden first skipped debt payments in August, its shares tumbled 14%, marking a reversal of fortunes: from industry poster child to...
Nov 09, 2023
Illumina cuts annual profit forecast for second straight quarter
(Reuters) - U.S. genetic testing Illumina on Thursday trimmed its annual profit forecast for the second straight quarter, hurt by weakness in demand for its sequencing instruments, consumables and ser...
Nov 09, 2023
Wearable ‘Ai Pin’ launched by Humane, backed by ex-Apple execs and Microsoft
By Stephen Nellis (Reuters) - Humane, a Silicon Valley startup with a star-studded list of co-founders and executives, on Thursday released a $699 device that aims to bring cutting-edge artificial int...
Nov 09, 2023
Apple agrees to $25 million settlement with US over hiring of immigrants
By Daniel Wiessner (Reuters) - Apple Inc will pay $25 million to settle claims by the U.S. Department of Justice that the company illegally favored immigrant workers over U.S. citizen and green card h...
Nov 09, 2023
US to re-open market to beef exports from Paraguay after 25-year hiatus
ASUNCION (Reuters) - The United States will next month reopen its doors to exports of Paraguayan beef after a quarter of a century, the U.S. embassy in Paraguay said on Thursday, as regulators conclud...
Nov 09, 2023
Central bank warns Canadians to plan for a period where rates may be higher
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Thursday said the era of super-low interest rates was likely over and warned businesses and households to plan for higher b...
Nov 09, 2023
Generative AI still mostly experimental, say executives
By Katie Paul NEW YORK (Reuters) - One year after the debut of ChatGPT created a global sensation, leaders of business, government and civil society said at the Reuters NEXT conference in New York tha...
Nov 09, 2023
