Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Russian cenbank: capital controls may have reverse effect long-term, make rouble weaker
MOSCOW (Reuters) -Capital controls on certain Russian exporters that went into force last month may have the opposite of their intended effect in the long term, leading to a weaker and more volatile r...
Nov 07, 2023
Mexico’s inflation seen slowing further in October – Reuters poll
MEXICO CITY (Reuters) - Mexico's inflation likely continued to ease in October for the ninth consecutive month, a Reuters poll showed on Tuesday, though still above the central bank's target and fueli...
Nov 07, 2023
Singapore Airlines posts record half-year profit as air travel demand soars
(Reuters) -Singapore Airlines on Tuesday posted a record half-year profit reflecting strong travel demand as passenger traffic to the northern part of Asia rebounded after countries fully reopened pos...
Nov 07, 2023
Exclusive-Mexico’s Pemex, New Fortress Energy scrap deepwater gas project -sources
By Stefanie Eschenbacher and Ana Isabel Martinez MEXICO CITY (Reuters) - Mexican state energy company Pemex and U.S. liquefied natural gas (LNG) company New Fortress Energy have terminated a deal to d...
Nov 07, 2023
Emerson Electric misses estimates for fourth-quarter sales, profit
(Reuters) - U.S. industrial conglomerate Emerson Electric Co on Tuesday reported fourth-quarter sales and profit below Wall Street estimates, hit by supply chain disruptions. Shares of the company wer...
Nov 07, 2023
Oil revenues and tax payments shrink Russia’s budget gap in October
(Reuters) - Russia's budget deficit shrank further in October thanks to higher oil prices, a weak rouble and an inflow of quarterly tax payments, the finance ministry said on Tuesday. The deficit for ...
Nov 07, 2023
ECB’s De Guindos warns higher deposit costs will hit banks’ lending income
MADRID (Reuters) - Euro zone banks' lending income is expected to be negatively impacted by a gradual increase in the remuneration of deposits, European Central Bank Vice-President Luis de Guindos sai...
Nov 07, 2023
Expeditors misses profit estimates on gloomy freight demand
(Reuters) - Logistics services provider Expeditors International of Washington missed estimates for third-quarter profit on Tuesday due to a deceleration in freight demand, sending its shares down 8.5...
Nov 07, 2023
US trade gap widens more than expected in September
(Reuters) - The U.S. trade deficit widened more than expected in September, making it less likely for trade to have contributed to growth in the third quarter. The trade deficit expanded 4.9% to $61.5...
Nov 07, 2023
Eisai expects Alzheimer’s drug to rake in revenue of $66.5 million by March
(Reuters) - Japanese drugmaker Eisai said on Tuesday it was targeting revenue of 10 billion yen ($66.5 million) from its recently approved Alzheimer's drug, Leqembi, by March 2024. The company said th...
Nov 07, 2023
