Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Taiwan signs landmark bilateral investment agreement with Canada
TAIPEI (Reuters) - Taiwan and Canada on Friday signed a landmark bilateral investment deal, giving a boost to the Taiwanese government's efforts to bolster business ties with like-minded democratic pa...
Dec 22, 2023
India’s economic adviser calls for review of sovereign ratings methods
NEW DELHI (Reuters) - The Indian government's chief economic advisor called in a paper published on Thursday for reforms to the way credit ratings agencies assign sovereign ratings, saying their prese...
Dec 22, 2023
Berkshire Hathaway boosts stake in Occidental Petroleum to about 28%
(Reuters) - Warren Buffett-led Berkshire Hathaway has acquired 5.2 million shares of Occidental Petroleum Corp, bringing its stake in the oil company closer to 28%, according to a regulatory filing on...
Dec 22, 2023
UK economy contracted by 0.1% in Q3
LONDON (Reuters) - Britain's economy contracted by 0.1% in the third quarter of 2023, according to updated official figures. The Office for National Statistics had previously estimated that gross dome...
Dec 22, 2023
China issues rules to curb gaming spend; Tencent, NetEase plunge
HONG KONG (Reuters) -Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world's biggest games market, ...
Dec 22, 2023
Morgan Stanley’s outgoing CEO says markets will take off after rate cuts- FT
(Reuters) - Morgan Stanley's outgoing CEO James Gorman said financial markets will "take off" once investors are sure the Federal Reserve has finished raising interest rates, the Financial Times repor...
Dec 22, 2023
EU Commission examines Italy’s tax case against Meta – sources
By Emilio Parodi MILAN (Reuters) - An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission's VAT committee for evaluation, three sources with direct knowledge of the ...
Dec 22, 2023
Fed rate cuts to remain in view for 2024, even as rate-setters shift
By Ann Saphir SAN FRANCISCO (Reuters) - The annual rotation on the U.S. Federal Reserve's interest-rate-setting committee means its 2024 voting members lean slightly more hawkish than the outgoing gro...
Dec 22, 2023
Hedge funds seek double-digit returns in 2024 after year of outflows
By Carolina Mandl, Nell Mackenzie and Summer Zhen NEW YORK/LONDON/HONG KONG (Reuters) - A blistering rally in stocks and elevated bond yields are pressuring global hedge funds to boost returns as they...
Dec 22, 2023
Marketmind- Disinflation: The gift that keeps on giving
A look at the day ahead in European and global markets from Tom Westbrook Before they head off for the Christmas and year-end break, markets will get one last glimpse of the U.S. inflation picture wit...
Dec 22, 2023
