Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US fund KKR in takeover bid for Portugal’s Greenvolt, secures control
LISBON (Reuters) - A unit of U.S. private equity fund KKR announced on Thursday a full takeover bid for Portuguese renewable energy company Greenvolt, which values the firm at 1.16 billion euros, and ...
Syndicated Content Dec 21, 2023
EU’s top court rejects UPS $1.9 billion claim for blocked merger
(Reuters) - United Parcel Service Inc, the world's No. 1 logistics company, on Thursday lost its court fight for a record 1.74-billion euro ($1.90 billion) compensation claim from EU antitrust regulat...
Syndicated Content Dec 21, 2023
ESG funds suffer weaker demand despite help from tech-sector performance
By Ross Kerber, Tommy Wilkes and Isla Binnie BOSTON/LONDON/NEW YORK (Reuters) - Sustainable funds faced a sharp slowdown in demand globally in 2023 amid political controversy and concerns about "green...
Syndicated Content Dec 21, 2023
Fitch downgrades Wanda Commercial to “restricted default”, then upgrades to “CC”
HONG KONG (Reuters) - Fitch Ratings downgraded Dalian Wanda Commercial Management Group to "restricted default (RD)" from "C" on completion of the distressed debt exchange, and simultaneously upgraded...
Syndicated Content Dec 21, 2023
Hyundai Motor to shut South Korean parts plants in pivot toward EVs
SEOUL (Reuters) - Hyundai Motor said on Thursday it plans to stop operations at two parts forging plants in South Korea next year as the automaker accelerates a shift away from petrol-powered cars. Th...
Syndicated Content Dec 21, 2023
Exclusive-Tesla faces inquiry by Norway’s safety regulator over suspension failures
By Marie Mannes STOCKHOLM (Reuters) - Tesla faces an inquiry by Norway's traffic safety regulator into suspension failures in the company's electric cars that could result in a recall, the agency told...
Syndicated Content Dec 21, 2023
South Korea’s parliament approves 2024 budget
SEOUL (Reuters) - South Korea's parliament on Thursday approved increasing next year's budget by a net 17.9 trillion won to 656.6 trillion won ($503.50 billion). The increase is the smallest in two de...
Syndicated Content Dec 21, 2023
Indonesia central bank sits tight on rates, sees room for easing in second half 2024
JAKARTA (Reuters) -Indonesia's central bank stood pat on its main policy rates at its last meeting for the year on Thursday, as expected, and indicated there may be room for monetary easing in the sec...
Syndicated Content Dec 21, 2023
UK budget deficit totals 14.3 billion pounds in Nov: ONS
LONDON (Reuters) - Britain ran up a higher-than-expected budget deficit of 14.3 billion pounds ($18.1 billion) in November, the Office for National Statistics said on Thursday. Economists polled by Re...
Syndicated Content Dec 21, 2023
IPO hopes rise for new year after Fed’s early holiday gift
By Pablo Mayo Cerqueiro LONDON (Reuters) - Bankers advising companies on stock market listings are hopeful that the new year will bring a recovery in initial public offerings after the U.S. Federal Re...
Syndicated Content Dec 21, 2023
Coldwater, MI, USA
48 °F Light Rain, Mist

