Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Marketmind: Australia hikes but tempers its outlook
A look at the day ahead in European and global markets from Tom Westbrook: Bond markets have curbed a little of last week's enthusiasm about a prospective peak in global interest rates, but still chee...
Nov 07, 2023
HSBC chief executive says wealth flow from mainland China to Hong Kong up 3 to 4 times this year
HONG KONG (Reuters) - HSBC Group chief executive Noel Quinn said Tuesday wealth flow from mainland China to Hong Kong has grown by three to four times this year. Speaking at the Global Financial Leade...
Nov 07, 2023
The Hemi fades away as Stellantis electrifies its Ram trucks
By Joseph White DETROIT (Reuters) - Stellantis will offer a previously undisclosed plug-in hybrid model of its Ram pickup truck, called Ramcharger, and phase out V-8 Hemi engines as part of its strate...
Nov 07, 2023
Mitsubishi Heavy expects record defence orders as Japan boosts military
TOKYO (Reuters) - Mitsubishi Heavy Industries has doubled its forecast for defence orders to a record 1.6 trillion yen ($10.7 billion) in the current financial year, it said on Monday, as Japan expand...
Nov 07, 2023
Large pickup trucks fare poorly in protecting rear seat passengers – study
By David Shepardson WASHINGTON (Reuters) - Four large pickup trucks fared poorly in tests measuring how rear seat passengers fare in some crashes, the Insurance Institute for Highway Safety said Tuesd...
Nov 07, 2023
Intel shelves planned chip operation expansion in Vietnam – source
By Francesco Guarascio HANOI (Reuters) - Intel has shelved a planned investment in Vietnam that could have nearly doubled the U.S. chipmaker's operation there, one person briefed on the plans said, in...
Nov 06, 2023
Australia’s central bank raises rates to 12-year high, tempers hawkish stance
By Wayne Cole SYDNEY (Reuters) - Australia's central bank raised interest rates to a 12-year high on Tuesday, ending four months of steady policy, but left it open on whether even more tightening woul...
Nov 06, 2023
Shein targets up to $90 billion valuation in US IPO – Bloomberg News
(Reuters) - Shein is hoping for a valuation of as much as $90 billion for an eventual U.S. initial public offering, Bloomberg News reported on Monday, citing people familiar with the matter. (Reportin...
Nov 06, 2023
WeWork China will not participate in WeWork’s strategic reorganisation
BEIJING (Reuters) - WeWork China will not participate in the strategic reorganisation of WeWork in the United States and Canada, it said on Tuesday. WeWork China is not a branch or unit of WeWork, it ...
Nov 06, 2023
China’s imports unexpectedly grow in Oct, exports extend declines
BEIJING (Reuters) - China's imports unexpectedly grew in October while exports contracted at a quicker pace, in a mixed set of indicators that showed the recovery in the world's second-largest economy...
Nov 06, 2023
