Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Futures dip as rate cut optimism wanes; more Fed speakers on tap
(Reuters) - U.S. stock index futures slipped on Tuesday as optimism about the Federal Reserve easing monetary conditions next year fizzled out, with markets on tenterhooks ahead of comments by more ce...
Nov 07, 2023
Euro zone producers prices inch up in September
BRUSSELS (Reuters) - Euro zone producer prices rose in line with expectations in September from a month earlier and plunged year-on-year due to a sharp drop in energy prices, data showed on Tuesday. T...
Nov 07, 2023
IMF warns of inflation risks as central Europe hammers out 2024 wage deals
By Gergely Szakacs BUDAPEST (Reuters) - Big hikes in the minimum wage planned in central Europe for next year raise the risk of more persistent inflation or job losses amid relatively weak productivit...
Nov 07, 2023
Eurozone economy to contract or stagnate in Q4, ECB’s De Guindos says
MADRID (Reuters) - The euro zone's economy is likely to contract slightly or at best stagnate in the fourth quarter, ECB's vice president Luis de Guindos said on Tuesday. "We have seen a quarterly rat...
Nov 07, 2023
Factbox-How Huawei plans to rival Nvidia in the AI chip business
By Josh Ye HONG KONG (Reuters) - U.S. curbs on the sales of advanced artificial chips by Nvidia to China are creating an opening for Huawei to win market share, with sources saying it won a sizeable A...
Nov 07, 2023
Toyota extends output cut at Chinese JV to ease dealer pressure
SHANGHAI (Reuters) - Japan's Toyota Motor has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition. The cut, which was init...
Nov 07, 2023
German companies prefer foreign investment to domestic – DIHK
By Maria Martinez BERLIN (Reuters) - German companies are more likely to invest in international locations than in Germany, a survey of the German Chamber of Industry and Commerce (DIHK) and the Germa...
Nov 07, 2023
European shares subdued as energy counters gains in financials
(Reuters) - European shares were subdued on Tuesday as a drag in energy stocks offset gains in financials, while Watches of Switzerland jumped to a more than one-month high following a strong second-q...
Nov 07, 2023
UK grocery inflation in single digits for first time this year -Kantar
By James Davey LONDON (Reuters) - British grocery inflation has fallen below 10% for the first time since July 2022, industry data showed on Tuesday, providing some relief for consumers as they enter ...
Nov 07, 2023
Exclusive-Baidu placed AI chip order from Huawei in shift away from Nvidia -sources
BEIJING/SHANGHAI (Reuters) - Baidu ordered artificial intelligence chips from Huawei this year, two people familiar with the matter said, adding to signs that U.S. pressure is prompting Chinese accept...
Nov 07, 2023
