Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Micron forecasts strong second-quarter revenue
(Reuters) - Memory chipmaker Micron Technology forecast quarterly revenue above market estimates on Wednesday as memory demand and pricing begins to recover after one of the most significant downturns...
Dec 20, 2023
Fire at Detroit-area EV plant likely caused by forklift hitting batteries – GM
(Reuters) - General Motors said on Wednesday a fire at its Factory Zero Detroit-Hamtramck was likely caused by a forklift accidentally puncturing a container with battery materials, according to the a...
Dec 20, 2023
Warner Bros Discovery, Paramount Global in talks to merge – Axios
(Reuters) -Warner Bros Discovery CEO David Zaslav met with Paramount Global CEO Bob Bakish on Tuesday in New York City to discuss a possible merger, Axios reported citing multiple sources. Warner Bros...
Dec 20, 2023
Tingo Group CEO temporarily steps down after US SEC charges
(Reuters) - Tingo Group said on Wednesday that Nigerian businessman Dozy Mmobuosi has temporarily stepped down as interim co-CEO of the fintech firm after the U.S. Securities and Exchange Commission (...
Dec 20, 2023
US business equipment borrowings flat year-on-year in November – ELFA
(Reuters) - U.S. companies borrowing rate remained flat in November compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday. Companies signed up for ne...
Dec 20, 2023
Japan aims to trim budget for first time in 12 years, 2024-25 draft shows
By Takaya Yamaguchi and Tetsushi Kajimoto TOKYO (Reuters) -Japan's government aims to reduce its budget next fiscal year for the first time in 12 years, highlighting concerns over the massive public d...
Dec 20, 2023
LATAM adds 5 more Boeing 787 Dreamliners to order book
SANTIAGO (Reuters) - LATAM Airlines has placed an order for five Boeing 787s, it said on Wednesday, adding more of the widebody aircraft meant for long-haul or larger capacity flights to its book. The...
Dec 20, 2023
Mexico inflation likely accelerated in early December, core rate seen easing: Reuters poll
MEXICO CITY (Reuters) - Mexican headline inflation likely increased in the first half of December, a Reuters poll showed on Wednesday, while the closely monitored core rate likely continued its declin...
Dec 20, 2023
Fed’s Harker open to lowering interest rates, but not imminently
By Michael S. Derby NEW YORK (Reuters) - Philadelphia Federal Reserve President Patrick Harker on Wednesday said he still opposes any further U.S. central bank interest rate hikes, while signaling ope...
Dec 20, 2023
Toyota recalls 1 million US vehicles over sensor that could short circuit
By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Wednesday it will recall 1 million vehicles in the United States because a short circuit in a sensor could cause air bags not to deploy a...
Dec 20, 2023
