Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Global equity funds see significant outflows as investors book year-end profits
(Reuters) - Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking set in ahead of the year-end holidays. The...
Dec 22, 2023
Tesla to recall over 120,000 vehicles in US – NHTSA
(Reuters) -Tesla is recalling 120,423 vehicles in the U.S. over the risk of cabin doors being unlocked during a crash, the country's road safety regulator said on Friday, days after announcing another...
Dec 22, 2023
Nike shares falter as weak consumer spending prompts forecast cut
(Reuters) - Shares of Nike slipped 11% on Friday, a day after the sportswear giant cut its annual revenue forecast and laid out a $2 billion cost-saving plan, signaling a strategy shift in favor of gr...
Dec 22, 2023
Spain’s Q3 GDP expanded 0.3% from previous quarter – final data
(Reuters) - Spain's gross domestic product growth slowed down slightly in the third quarter, though it showed more resilience than in neighboring countries, final data showed on Friday. The economy ex...
Dec 22, 2023
Japan banks scramble to beef up asset management business amid govt reform push
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) -The Japanese government's reform push for the country's $5 trillion asset management industry has sparked a series of action plans from top Japa...
Dec 22, 2023
Japan cuts spending for first time in 12 years in 2024/25 budget
By Tetsushi Kajimoto and Takaya Yamaguchi TOKYO (Reuters) - Japan announced a cut in overall spending for the first time in 12 years in its fiscal 2024/25 budget, amid speculation the central bank may...
Dec 22, 2023
China’s Geely warns Red Sea attacks to delay Europe-bound EV shipments
SHANGHAI (Reuters) - Chinese automaker Geely warned on Friday its EV sales are likely to be impacted by a delay in deliveries due to the "situation" in the Red Sea, where Yemeni militants are attackin...
Dec 22, 2023
European shares fall as technology, sportswear makers slide
(Reuters) - European shares fell on Friday, dragged by technology and sportswear makers, as investors assessed the potential disruption from Red Sea attacks on global trade and awaited key U.S. inflat...
Dec 22, 2023
German home prices tumble amid property rout
By Tom Sims and Rene Wagner FRANKFURT (Reuters) -Residential property prices in Germany continued their fall, dropping 10.2% in the third quarter from a year earlier, a further grim sign for the natio...
Dec 22, 2023
Toshiba sees power chips as immediate growth driver after $14 billion buyout
TOKYO (Reuters) - Toshiba Corp sees power management chips as an immediate profit driver on the back of surging electric vehicle (EV) demand, its chief executive said on Friday, as the Japanese indust...
Dec 22, 2023
