Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
World wine output to fall to lowest in 60 years
PARIS (Reuters) - World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European producers, the Internatio...
Nov 07, 2023
GlobalFoundries projects profit above estimates in positive sign for chip market
(Reuters) - Contract chipmaker GlobalFoundries forecast fourth-quarter profit above analysts' estimates on Tuesday, providing the latest sign that a supply glut in the semiconductor industry was easin...
Nov 07, 2023
Canada’s trade surplus doubles in September on energy price surge
OTTAWA (Reuters) - Canada's trade surplus with the world increased more than expected to C$2.04 billion ($1.48 billion) in September, as higher crude prices helped exports outpace a rise in imports, S...
Nov 07, 2023
Fed’s Goolsbee: we are making progress on inflation
(Reuters) - The Federal Reserve has made significant inroads on bringing inflation back down to its 2% target and if that continues attention will turn to how long to keep interest rates at current le...
Nov 07, 2023
Office rental firm IWG looks to snap up more sites of rival WeWork
(Reuters) - IWG is looking at acquiring more of collapsed rival WeWork's sites, the office rental firm's top boss Mark Dixon confirmed on Tuesday. The news comes a day after WeWork, the SoftBank Group...
Nov 07, 2023
Carlyle reports smaller-than-expected 43% drop in Q3 earnings
By Chibuike Oguh NEW YORK (Reuters) - Private equity firm Carlyle Group Inc reported on Tuesday a smaller-than-expected 43% year-on-year drop in third-quarter distributable earnings, amid a slump in a...
Nov 07, 2023
Prefabricated home shipments on the rise in a pricey property market
By Amina Niasse NEW YORK (Reuters) - Some Americans who have been priced out of the tight residential real estate market are turning to prefabricated homes, helping to power a nascent recovery in sale...
Nov 07, 2023
Marketmind: Some payback, but bonds hug gains on oil
A look at the day ahead in U.S. and global markets from Mike Dolan World markets are trying to calibrate last week's steep rally in stocks and bonds - tempering some of the overcaffeinated rate cut ho...
Nov 07, 2023
OPEC+ sees healthy growing global economy
LONDON (Reuters) - The Organization of the Petroleum Exporting Countries and allies (OPEC+) believe the global economy is healthy, despite challenges of inflation in major countries. The United States...
Nov 07, 2023
IMF agrees to increase Kenya programme by $650 million – presidential adviser
NAIROBI (Reuters) - The International Monetary Fund has agreed to increase Kenya's lending programme by $650 million ahead of the maturity of a $2 billion Eurobond next year, the Kenyan president's ch...
Nov 07, 2023
