Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
China basic pension fund posts 0.33% investment gain in 2022
SHANGHAI (Reuters) - The basic pension fund managed by China's social security fund gained 5.1 billion yuan, or 0.33% in 2022, down from a 4.9% gain in 2021, the National Council for Social Security F...
Nov 04, 2023
China industry minister: industrial economy stabilises, NEV shines in Jan-Sept period
SHANGHAI (Reuters) - China's industry minister said the country's industrial economy stablised and recovered in the first three quarters of 2023 and the new energy sector, such as electric cars, shine...
Nov 03, 2023
IDB chief Goldfajn sees Latin America, Caribbean poised for stronger growth
By Andrea Shalal WASHINGTON (Reuters) - Latin America and the Caribbean are poised for stronger growth in coming years, buoyed by Friday's agreement by the United States, Canada and 10 countries to st...
Nov 03, 2023
FTC Chair Lina Khan looks for allies and leads in Silicon Valley charm offensive
By Krystal Hu and Greg Bensinger SAN FRANCISCO (Reuters) -Federal Trade Commission Chair Lina Khan found some cozy company over the course of a two-day trip through Silicon Valley this week as she loo...
Nov 03, 2023
Elliott Management sues US SEC for records on swaps rules
By Svea Herbst-Bayliss and Jonathan Stempel (Reuters) - Elliott Investment Management, one of the world's biggest hedge fund firms, on Friday sued the U.S. Securities and Exchange Commission to obtain...
Nov 03, 2023
Bank of Canada’s Rogers urges shift by banks on mortgage lending -Bloomberg News
(Reuters) - Bank of Canada's Senior Deputy Governor Carolyn Rogers said the number of so-called "negative amortization" mortgages is a concern, in an interview with Bloomberg News on Friday. "A rate h...
Nov 03, 2023
Fitch downgrades Egypt one notch deeper into junk territory
(Reuters) -Ratings agency Fitch downgraded Egypt's long-term foreign-currency issuer default rating (IDR) to 'B-' from 'B', citing increased financial risks and higher government debt. The downgrade r...
Nov 03, 2023
Ship shortage dealt death blow to Orsted’s NJ offshore wind hopes
By Scott DiSavino (Reuters) - Danish energy firm Orsted's shock decision to cancel two offshore wind farms off New Jersey this week was based in large part on big delays securing the ship it needed to...
Nov 03, 2023
Board of GM’s Cruise reviewing regulatory response, technology
By Joseph White DETROIT (Reuters) - The board of Cruise, the robo-taxi company controlled by General Motors, has hired an outside law firm and technology consultants in the aftermath of an accident th...
Nov 03, 2023
Fed’s Bostic, cheered by jobs data, still leans against further rate hikes
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic, weighing in after the release of the latest round of jobs data, said on Friday that the economy's curr...
Nov 03, 2023
