Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Jefferson: high uncertainty could justify aggressive policy
(Reuters) - Federal Reserve Vice Chair Philip Jefferson on Wednesday closed a daylong Fed conference with the observation that operating under uncertainty is a challenge for central bankers and that, ...
Nov 08, 2023
Marketmind: China prices – inflation or disinflation?
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Attention in Asia on Wednesday turns to Chinese inflation data, with investors ...
Nov 08, 2023
Lyft projects Q4 core earnings above estimates, beats Q3 revenue expectations
By Akash Sriram (Reuters) - Lyft forecast current-quarter core earnings above analysts' estimates and reported better-than-expected third-quarter revenue on Wednesday, helped by workers returning to o...
Nov 08, 2023
Instacart sees upbeat core profit on higher transaction, ad fees
By Granth Vanaik (Reuters) - Instacart on Wednesday forecast fourth-quarter core profit above Wall Street estimates in its first earnings report since going public in September, powered by higher tran...
Nov 08, 2023
Arm sees full-year sales ahead of Wall Street, but weaker Q3 on deal delay
By Stephen Nellis (Reuters) - Semiconductor company Arm Holdings on Wednesday forecast fiscal full-year sales that beat Wall Street expectations, powered by a wave of companies designing new chips ami...
Nov 08, 2023
Aurubis to invest about $700 million to build smelter in US
(Reuters) - Europe's biggest copper smelter Aurubis will invest around $700 million to build a smelter for complex recycling materials in North America, the company said on Wednesday. The commissionin...
Nov 08, 2023
Carmakers urged to enhance customer experience throughout vehicle lifetime
DETROIT (Reuters) - Automakers should develop and deploy vehicles with embedded software systems that make them more easily reconfigured and upgraded to "capture a larger percentage of the customer's ...
Nov 08, 2023
Swedish EV maker Polestar trims 2023 delivery forecast, halves margin target
(Reuters) - Swedish electric vehicle (EV) maker Polestar trimmed its 2023 delivery forecast on Wednesday to the lower end of its earlier guidance and halved its gross margin target, amid fears of a sl...
Nov 08, 2023
Investment bankers see dealmaking lull storing pent-up demand
By Anirban Sen NEW YORK (Reuters) - Some of the world's top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023 sets the stage for a pick-up in activity once uncertainty a...
Nov 08, 2023
NTSB chair says US near miss aviation incidents ‘clear warning sign’
(Reuters) - National Transportation Safety Board chair Jennifer Homendy will tell a U.S. Senate subcommittee that an increase in near miss aviation incidents is a "clear warning sign that the U.S. Avi...
Nov 08, 2023
