Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Germany to seize more than $790 million from Russian financial group
By Sarah Marsh BERLIN (Reuters) - Prosecutors in Germany said on Wednesday they would move to confiscate more than 720 million euros ($790 million) from the Frankfurt bank account of a Russian financi...
Dec 20, 2023
FDIC-run Signature Bridge Bank sells 20% stake in entity holding $9 billion CRE portfolio
(Reuters) - The Federal Deposit Insurance Corporation, as the receiver of the failed Signature Bank, said on Wednesday it has sold a 20% equity stake in the entity that holds a $9 billion real estate ...
Dec 20, 2023
Uber to raise minimum wage for drivers in France
(Reuters) - Uber Technologies will raise the minimum wage it pays drivers in France as part of a wider agreement between ride-hailing companies and driver representatives in the country, the company s...
Dec 20, 2023
First protests expected in Argentina as groups react to Milei austerity plan
BUENOS AIRES (Reuters) - Thousands of people are expected to take to the streets of Buenos Aires on Wednesday to protest against the government's economic shock measures, in the first real test for Ar...
Dec 20, 2023
Shipping container price surge to reverse due to overcapacity -logistics platform
By Divya Chowdhury MUMBAI (Reuters) - Higher prices for containers used by merchant ships caused by attacks on Red Sea shipping are likely to fall back in three to nine months to levels seen in early ...
Dec 20, 2023
US consumer confidence perks up in December
WASHINGTON (Reuters) - U.S. consumer confidence increased more than expected in December amid optimism about the labor market, which could help to underpin the economy early next year. The Conference ...
Dec 20, 2023
Zara founder Ortega buys Florida warehouse for $113 million
MADRID (Reuters) - Amancio Ortega, the founder of Zara owner Inditex, has increased his bet on logistics real estate in the United States with the acquisition of a warehouse in Hialeah, Florida, for $...
Dec 20, 2023
‘Big Three’ credit rating agencies maintain dominance in Europe
LONDON (Reuters) - S&P Global, Moody's and Fitch, the so-called 'Big Three' credit ratings agencies, are maintaining their dominance of Europe's credit score market despite the region's efforts to loo...
Dec 20, 2023
Panel to review US air traffic controller fatigue after near-miss incidents
WASHINGTON (Reuters) - The Federal Aviation Administration on Wednesday said it is naming a panel of experts led by a former safety board official to address air traffic controller fatigue after a ser...
Dec 20, 2023
US existing home sales unexpectedly rise in November
WASHINGTON (Reuters) - U.S. existing home sales unexpectedly rose in November, but further gains as mortgage rates retreat from 23-year highs could be limited by a chronic shortage of houses on the ma...
Dec 20, 2023
