Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Shipping firms impose surcharges as Red Sea attacks hit global trade
OSLO/PARIS (Reuters) -Maersk and CMA CGM, two of the world's largest shipping firms, will impose extra charges after deciding to re-route ships following attacks on vessels in the Red Sea, as worries ...
Dec 22, 2023
Tame Nov PCE inflation gives Fed room for early pivot
NEW YORK (Reuters) - Annual U.S. inflation slowed further below 3% in November and underlying price pressures continued to abate, which could cement financial market expectations for an interest rate ...
Dec 22, 2023
Fed rate cuts seen starting in March as inflation cools
(Reuters) - Traders on Friday stuck to the view that the Federal Reserve will start cutting interest rates in March after government data showed price pressures continued to cool last month, bringing ...
Dec 22, 2023
US annual inflation slows further below 3% in November
WASHINGTON (Reuters) - Annual U.S. inflation slowed further below 3% in November and underlying price pressures continued to abate, which could cement financial market expectations for an interest rat...
Dec 22, 2023
Air China plans up to $842 million share placement to buy planes, boost capital
HONG KONG (Reuters) - Air China plans to raise up to 6.0 billion yuan ($842 million) in a private share sale on the Shanghai Stock Exchange to expand its fleet and replenish working capital, it said o...
Dec 22, 2023
Canada’s economy stalled again in October but likely up 0.1% in November
OTTAWA (Reuters) -Canada's economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Ca...
Dec 22, 2023
Italian minister raises doubt over whether 2023 deficit goal can be met
ROME (Reuters) - Italian Economy Minister Giancarlo Giorgetti raised doubts on Friday over whether Rome's 2023 deficit target could be met due to costly fiscal incentives for green home improvements. ...
Dec 22, 2023
Russia’s economic growth to slow in 2024 as high interest rates linger: Reuters poll
By Alexander Marrow (Reuters) - Russia's economic growth is set to slow in 2024, hampered in particular by double-digit interest rates throughout the year as the Bank of Russia seeks to subdue stubbor...
Dec 22, 2023
Belgian court rules Deliveroo couriers should be classed as employees
BRUSSELS (Reuters) - A Brussels labour court ruled on Friday that Deliveroo couriers should be classed as employees, potentially giving them more benefits and overturning an earlier judgment in favour...
Dec 22, 2023
Cummins to take $2 billion hit in fourth quarter from emission claims settlement
(Reuters) -Cummins said on Friday it expects to take nearly $2.04 billion charge in the fourth quarter as it reached an agreement to resolve regulatory claims on its emissions certification and compli...
Dec 22, 2023
